GE beats profit expectations as aviation counters weak oil segment

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Go back to GE beats profit expectations as aviation counters weak oil segment

UBS Cuts Price Target on Synchrony Financial (SYF) Following 3Q Earnings Report

October 20, 2015 10:59 AM EDT

UBS maintained a Neutral rating on Synchrony Financial (NYSE: SYF), and cut the price target to $33.50 (from $35.00), following the company's 3Q earnings results. During the quarter the company saw 12% y/y growth in its receivables portfolio.

Analyst Matthew Howlett commented, "We are... More

Nomura Securities Upgrades Synchrony Financial (SYF) to Buy

October 20, 2015 7:26 AM EDT

Nomura Securities upgraded Synchrony Financial (NYSE: SYF) from Neutral to Buy with a price target of $38.00 (from $35.00).

Analyst Bill Carcache commented, "We are upgrading SYF to Buy from Neutral (TP to $38 from $35) based on our view that recent technical pressure relating to... More

UBS Reiterates Buy Following General Electric's (GE) 3Q Results

October 19, 2015 9:03 AM EDT

UBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More

Oppenheimer Reiterates Perform on General Electric (GE) Following 3Q15 Earnings

October 16, 2015 8:57 AM EDT

Oppenheimer reiterated a Perform rating on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Operating EPS from sustaining operations of $0.29 compared to Street's $0.26 estimate.

Analyst Christopher Glynn commented, "Operating EPS from sustaining operations of $0.29 compared to our in-line $0.26 estimate, including $0.01... More