Wall Street slips after soft GDP data, earnings
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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
Colgate-Palmolive Company (CL) PT Lowered to $74 at B. Riley Following 4Q Report
January 30, 2017 9:47 AM ESTB. Riley lowered its price target on Colgate-Palmolive Company (NYSE: CL) to $74.00 (from $78.00) while maintaining a Neutral rating following the company's 4Q earnings report. Sales were -4.6% to $3,721MM, below consensus of $3,882MM.
Analyst Linda Weiser commented, "Colgate (CL) reported 4Q16 EPS of $0.75 vs. $0.73, in line with consensus and $0.01 below our estimate. Op. profit of $1,038MM... More
Wynn Resorts (WYNN) PT Raised to $95 at Aegis Capital; Reiterates Hold
January 27, 2017 9:07 AM ESTAegis Capital raised its price target on Wynn Resorts (NASDAQ: WYNN) to $95.00 (from $87.00) while maintaining a Hold rating Following the company's 4Q earnings report.
Analyst David Bain commented, "Following 4Q16 results which showed a better than expected ramp at its new Wynn... More
Starbucks (SBUX) PT Lowered to $54 at Buckingham Research Following 1Q
January 27, 2017 8:16 AM ESTBuckingham Research lowered its price target on Starbucks (NASDAQ: SBUX) to $54.00 (from $59.00) while maintaining a Neutral rating following the company's 1Q earnings report. Despite a comp miss, SBUX delivered EPS of $0.52, at the high end of guidance of $0.51-$0.52 vs. $0.46 LY. Total... More
