Mitel to buy Polycom for $1.96 billion following Elliott pressure
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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
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
UBS Cuts Price Target on Morgan Stanley (MS) Following 1Q Report; Reiterates Buy
April 19, 2016 8:42 AM EDTUBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $32.00 (from $34.00), following the company's 1Q earnings report. UBS lowering forecasts for the remaining 9 months of 2016 due to a higher tax rate. 2017 EPS estimates have also been... More
