Amazon.com Announces Second Quarter Sales up 31% to $30.4 Billion
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Kellogg (K) Raises Quarterly Dividend 4% to $0.52; 2.5% Yield
July 29, 2016 2:16 PM EDTKellogg (NYSE: K) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is a 4% increase from the prior dividend of $0.50.
The dividend will be payable on September 15, 2016, to stockholders of record on September 1, 2016, with an ex-dividend date of August 30,... More
Amazon (AMZN) PT Raised to $941 at Oppenheimer
July 29, 2016 9:12 AM EDTOppenheimer analyst Jason Helfstein reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $941.00 (from $930.00) following another strong quarter, while guidance was weaker on content investment.
Helfstein commented, "Following exceptional 2Q results on revenue & margins, we are raising our... More
Amazon.com's (AMZN) Price Target Raised to $985 at Deutsche Bank
July 29, 2016 9:00 AM EDTDeutsche Bank maintained a Buy rating on Amazon.com (NASDAQ: AMZN) and raised its price target to $985.00 (from $900.00). Analyst Ross Sandler characterized Q2 results as a "solid beat" and he thinks guidance is conservative.
"AMZN reported revenue and EPS 3% and 21% above consensus, and the overall tone of the 2Q print was upbeat. Guidance assumes another quarter of strong revenue growth (6.1% at mid-point) and the OI step down reflects... More
Amazon (AMZN) PT Raised to $950 at Jefferies
July 29, 2016 6:57 AM EDTJefferies US Internet Team reiterated a Buy rating and raised its price target on Amazon.com (NASDAQ: AMZN) to $950.00 (from $865.00) following strong results after the close.
They commented, "AMZN reported a solid quarter with revenue and unit growth acceleration. Guidance came in... More
Amazon (AMZN) PT Raised to $900 by Piper Jaffray Munster
July 29, 2016 6:51 AM EDTPiper Jaffray analyst Gene Munster reiterated an Overweight rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $900.00 (from $800.00) following strong results after the close.
Munster commented, "Amazon reported revenue 3% ahead of consensus while also driving non-GAAP operating income 26% above consensus (6.9% margin... More
Amazon (AMZN) PT Raised to $855 at Mizuho
July 29, 2016 6:33 AM EDTMizuho Securities analyst Neil Doshi reiterated a Buy rating and lifted his price target on Amazon.com (NASDAQ: AMZN) to $855.00 (from $810.00) following solid Q2 results.
Doshi commented, "Amazon reminded us who is King of the eCommerce Jungle. Revenue of $30.4b accelerated to 30%... More
