Publicis leads as earnings dominate Europe's trading session
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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
Morgan Stanley Remains Bullish on Philip Morris (PM)
April 20, 2018 9:11 AM EDTMorgan Stanley reiterated an Overweight rating and $123.00 price target on Philip Morris (NYSE: PM) following the company's 1Q earnings report. PMs stock suffered its largest-ever single day decline following the results which meaningfully beat on EPS ($1.00, vs. consensus $0.88) but faced both modest fundamental... More
Allergan (AGN) Says it Doesn't Intend to Make an Offer for Shire (SHPG)
April 19, 2018 2:20 PM EDTIn order to comply with the requirements of the UK Takeover Code, Allergan (NYSE: AGN) announced that it does not intend to make an offer for Shire (Nasdaq: SHPG).
Allergan continues its ongoing process of evaluating a... More
ASML Inc. (ASML) PT Raised to $218 at RBC Capital
April 19, 2018 8:21 AM EDTRBC Capital raised its price target on ASML Inc. (NASDAQ: ASML) to $218.00 (from $210.00) while maintaining a Sector Perform rating after the company reported a strong print with Mar-qtr revenue/ EPS at 2.29B/1.26 vs. Street looking for 2.2B/1.16.
However, analyst Amit Daryanani, highlights, "EUV lumpiness weighed... More
