Wall St. slips on rate uncertainty; Apple up after the bell
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- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Tax-Related Miss Blamed for Decline in Ford Motor (F) Shares; UBS Cuts Price Target to $22
October 28, 2015 11:31 AM EDTUBS maintained a Buy rating on Ford (NYSE: F), and cut the price target to $22.00 (from $23.00), following the company's 3Q earnings results. Ford shares fell ~5% after todays tax-related miss.
Analyst Colin Langan commented, "The reaction likely reflects the higher tax forecast & a... More
Twitter (TWTR) Attributes EBITDA Upside to Cost Shifting to 4Q; Sterne Agee CRT Remains Neutral
October 28, 2015 10:30 AM EDTSterne Agee CRT maintained a Neutral rating on Twitter, Inc. (NYSE: TWTR) following the company's 3Q earnings results. 3Q revenue and EBITDA were 2% and 22%. Management attributed some of the EBITDA upside to costs shifting to 4Q. Monthly Active Users (MAUs) were again light relative to... More
Leerink Partners Reiterates Market Perform on Merck (MRK) Following 3Q EPS Beat
October 28, 2015 9:31 AM EDTLeerink Partners reiterated a Market Perform rating and $67.00 price target on Merck (NYSE: MRK) following the company's 3Q earnings results. MRK reported a $0.04 EPS beat. US sales of Januvia/Janumet increased by 22%, but was benefited by ~$100M due to the timing of consumer buying that is expected to negatively impact future quarters.
Analyst Seamus Fernandez... More
RBC Boosts PT on Alibaba (BABA) to $95; Mobile Monetization Improvements Seen as Sustainable
October 27, 2015 2:56 PM EDTRBC is raising its price target on Alibaba (NYSE: BABA) from $80 to $95 following Q3 results released earlier in the session. The firm has Alibaba at Outperform.
Analyst Mark Mahaney noted the following focus points and observations from today's report from Alibaba:
Solid Sept Q Results Revenue of 22.2B RMB beat our/Street views of 21.1B/21.3B RMB and EBITDA of 11.1B RMB also beat the Street @10.4B. Non-GAAP EPS... MoreStifel Affirms Ford (F) at 'Buy' Post-Q3 Results; Product Mix Still Favorable to Peers
October 27, 2015 9:27 AM EDTStifel is out with initial commentary on Ford Motor (NYSE: F) following the company's Q3 report earlier Tuesday.
Analyst James Albertine noted that Ford's adjusted EPS of $0.45 came in slightly below the firm's $0.47 estimate.
Albertine continued: Ford reported better than expected results from its North America... More

