U.S. FCC scraps most business data service regulations
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- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Verizon Communications (VZ) PT Lowered to $50 at Jefferies
April 21, 2017 7:56 AM EDTJefferies lowered its price target on Verizon Communications (NYSE: VZ) to $50.00 (from $51.00) while maintaining a Hold rating. 1Q results fell short of expectations, and raise new questions about the health of the wireless business.
Wireline revenue and EBITDA trends were modestly better, though FiOS... More
