S&P 500 slips as Hurricane Irma nears Florida; tech falls
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- Wall St indexes fall to two-week lows as rising bond yields, disappointing Walmart results drag
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
Downside Positioning in Kroger (KR) Continues Amid Competition from Amazon (AMZN) -Susquehanna
September 12, 2017 3:04 PM EDTSusquehanna options strategist Alison Edwards notes downside bearish positioning in Kroger (NYSE: KR), as an opening investor bought 8,000 Apr 22 Puts for $2.65, adding to buyers of Oct 21 & 22p and Jan 21p last week with competition from Amazon (NASDAQ: AMZN).
... MoreKroger (KR) PT Lowered to $19 at Jefferies Following 2Q Release
September 11, 2017 7:35 AM EDTJefferies lowered its price target on Kroger (NYSE: KR) to $19.00 (from $24.00) while maintaining a Hold rating following the company's 2Q release. KR reported an in-line adjusted EPS of $0.39 on respectable comps, but sequentially weaker FIFO EBIT margins/ROIC.
KR maintained its 2017 EPS... More
Universal Insurance (UVE), Other Insurers on Watch as Irma Weakens
September 11, 2017 7:17 AM EDTUniversal Insurance (NYSE: UVE) and other Florida insurers were in focus Monday as Hurricane Irma weakened to a Category 1. Shares of Universal Insurance, which had weakened ahead of the storm, traded higher pre-market.
Other names on watch included:
Chubb Corp.... More