Suffering bank investors search for bright spots
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Stifel Cuts Price Target on Alcoa (AA) Following 1Q Report
April 12, 2016 10:11 AM EDTStifel maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $13.00 (from $14.00), following the company's 1Q earnings report. Alcoa reported adjusted EPS of $0.07, above the Street's estimate of $0.02. The upside is due to better than expected Primary Metals results. However,... More
UBS Reiterates Buy on Alcoa (AA) Following 1Q Report
April 12, 2016 8:28 AM EDTUBS maintained a Buy rating and $11.00 price target on Alcoa (NYSE: AA) following the company's 1Q earnings report. UBS reported adjusted EPS of $0.07, above the consensus estimates of $0.02. Revenues of $4.95B were down 6% QOQ and missed consensus of $5.14B.
Analyst Matt Murphy... More
