Wall St. rises as private jobs data eases rate hike worries
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Cowen Remains Bullish on CBS Corp. (CBS) Following 2Q Results
August 6, 2015 7:47 AM EDTCowen reiterated an Outperform rating and $66.00 price target on CBS (NYSE: CBS) following 2Q results. CBS reported revenue of $3.21B vs. consensus $3.19B. EPS of $0.74 vs. $0.72 consensus.
Analyst Doug Creutz commented, "CBS reported Q2 result last night that slightly beat our (recently reduced)... More
Piper Jaffray Raises Price Target on Fitbit (FIT) to $60 Following 2Q15 EPS Beat
August 6, 2015 6:48 AM EDTPiper Jaffray reiterated an Overweight rating on Fitbit (NYSE: FIT), and raised the price target to $60.00 (from $52.00), following 2Q15 earnings results. FIT reported sales of $400M, above the Street's $319.5M estimate. Adjusted Q2 EPS of $0.21 beat the Street's estimate of $0.08. Management offered 3Q sales guidance of $335-$365M, and EPS of $0.07-$0.10. For the... More
