Wall Street bounces back after five-day selloff
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- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Brean Capital Cuts Price Target on Yelp (YELP) to $40 Following 2Q15 Results
July 29, 2015 7:07 AM EDTBrean Capital maintained a Buy rating on Yelp (NYSE: YELP), and cut the price target to $40.00 (from $58.00), following 2Q15 results. Sales of $133.9MM were slightly higher than the consensus forecast of $133.5MM. Management guided 3Q15 revenues to $139MM-$142MM vs. the consensus of $153MM.
Anlayst Tom Forte commented, "While 3Q15 And 2015 Guidance Come Up Short. Yelp... More
Gilead Sciences (GILD) Declares $0.43 Quarterly Dividend; 1.5% Yield
July 28, 2015 5:18 PM EDTGilead Sciences (NASDAQ: GILD) declared a quarterly dividend of $0.43 per share, or $1.72 annualized.
The dividend will be payable on September 29, 2015, to stockholders of record on September 16, 2015, with an ex-dividend date of September 14, 2015.
The annual yield on the dividend is 1.5... More
CLSA Downgrades Baidu (BIDU) to Underperform
July 28, 2015 1:39 PM EDTCLSA downgraded Baidu (NASDAQ: BIDU) from Buy to Underperform.
For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.
Shares of Baidu closed at $197.68 yesterday.
... More