Wall Street ticks higher, but chip stocks tumble
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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
Needham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat
October 25, 2019 7:55 AM EDTNeedham & Company analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC) following the company's 3Q report. 3Q19 revenue of ~$19.2bn set a quarterly record, beating guidance by ~$1.2bn; record revenue came from DCG, NSG, IOTG and Mobileye.
INTC guided 4Q19... More
Thermo Fisher Scientific (TMO) PT Raised to $331 at Needham & Company
October 24, 2019 6:57 AM EDTNeedham & Company analyst Stephen Unger raised the price target on Thermo Fisher Scientific (NYSE: TMO) to $331.00 (from $321.00) while maintaining a Buy rating.
The analyst commented, "We are updating our financial model for TMO following yesterday's release of 3Q19 results. We have raised our 2019 EPS estimate... More
