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Stocks, Oil Run Weekly Winning Streaks To Three
Sunday, March 6, 2016 4:51 AM EDT
Stocks ended higher for a third straight week, as did oil, as a number of U.S. economic data points, including monthly job additions, were better than expected.
In this article: QQQ, DIA, SPY, AGN, CHK, HON, UTX, CKP, IEP, FDML
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Alcoa Shares Slide After Analyst Says 'Show Me'
Thursday, March 3, 2016 2:15 PM EDT
Shares of Alcoa are sliding after Bank of America/Merrill Lynch downgraded shares to Neutral from Buy, saying that elements of the firm's buy thesis have worsened.
In this article: AA
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Two Dow Members Get Boost As Analysts Get Bullish
Thursday, March 3, 2016 12:11 PM EDT
Two members of the Dow Jones Industrial Average - Disney and Intel, were each upgraded today by a research firm, helping the two post advances while the majority of the other members of the blue-chip index sit in the red.
In this article: DIS, INTC
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Disney Upgraded To Overweight From Neutral At Piper Jaffray
Thursday, March 3, 2016 8:50 AM EDT
Piper Jaffray analyst Stan Meyers upgraded Walt Disney Co. to Overweight saying the company's upcoming film slate "will drive significant value" over the next five years.
In this article: DIS
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Monsanto Retreats After Cutting Guidance
Wednesday, March 2, 2016 2:14 PM EDT
The shares of Monsanto are falling after the company cut its full-year profit guidance, saying that it's facing "significant headwinds."
In this article: MON Also: AGU, DD, DOW, POT, SYT
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Zynga Rises As Analysts, Investors Cheer Former EA Executive Taking Over As CEO
Wednesday, March 2, 2016 12:20 PM EDT
Shares of Zynga rallied after the company appointed Frank Gibeau as its new Chief Executive Officer, replacing Mark Pincus.
In this article: ZNGA Also: GLUU, ATVI, GAME, MSFT, TTWO
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Footwear Stocks Decline After Goldman Says Sell Steven Madden, DSW
Tuesday, March 1, 2016 2:08 PM EDT
This morning, Goldman downgraded footwear designer Steve Madden (SHOO) and footwear retailer DSW Inc. (DSW) to sell.
In this article: DSW, SHOO Also: BOOT, CROX, DECK, CAL
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Valeant Sinks After CEO Returns, Guidance Withdrawn
Monday, February 29, 2016 2:20 PM EDT
The shares of pharmaceutical company Valeant (VRX) are falling after the company announced that its CEO, J. Michael Pearson, had returned to work after taking time off to recover from an illness.
In this article: VRX Also: AGN, TEVA
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Warren Buffett: America's 'Economic Magic' Remains Alive And Well
Sunday, February 28, 2016 4:59 PM EDT
In the annual Berkshire Hathaway letter to investors, Warren Buffett tells Americans their children will live better than they do.
In this article: BRK-A
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'Oprah Rally' Flames Out As Weight Watchers Tumbles After Reporting Losses
Sunday, February 28, 2016 4:43 AM EDT
The shares of Weight Watchers closed down almost 30% on Friday after the company reported lower than expected profits. After rallying strongly in the fall following the announcement of its partnership with Oprah, the shares have fallen back to Earth.
In this article: WTW
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Earnings Watch: Analysts Express Confidence In J.C. Penney CEO Ahead Of Earnings
Thursday, February 25, 2016 1:13 PM EDT
For J.C. Penney, analysts are looking for earnings per share of 23c on revenue of $3.99B. The consensus range for EPS is 18c-28c on revenue of $3.92B-$4.09B.
In this article: JCPNQ
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Lockheed Martin: Sikorsky Business May Underperform Relative To Expectations
Thursday, February 25, 2016 8:04 AM EDT
The DoD has expressed concerns regarding greater consolidation in the defense industry at the prime contractor level in the context of the acquisition of Sikorsky.
In this article: LMT
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Ford, General Motors Slide After Analysts Say Sell With U.S. Auto Volumes At Peak
Wednesday, February 24, 2016 1:10 PM EDT
Analysts at Morgan Stanley and Credit Suisse are on the same page in their bearish stances on Ford (F), as both firms now rate the stock at sell-equivalent ratings.
In this article: F, GM, FCAU, RACE
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Earnings Watch: Analyst Concerned About Target's Guidance Ahead Of Q4 Report
Tuesday, February 23, 2016 3:29 PM EDT
Target is scheduled to report fourth quarter results before the market open tomorrow with a conference call scheduled for 10:30 am ET. Analysts are looking for earnings per share of $1.54 on revenue of $21.75B.
In this article: TGT Also: CVS
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Earnings Watch: Baird Says Lowe's 'Attractive' Ahead Of Q4 Results
Tuesday, February 23, 2016 2:46 PM EDT
Lowe's Companies, a home improvement retailer, is scheduled to report its fourth quarter earnings before the market open on Wednesday, February 24, with a conference call scheduled for 9:00 am ET.
In this article: LOW
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Valeant Restatement Looks 'Largely Contained,' Says JPMorgan
Tuesday, February 23, 2016 11:05 AM EDT
Correcting the misstatements is expected to reduce reported 2014 GAAP earnings per share by approximately 10c and increase 2015 GAAP EPS by approximately 9c, it stated.
In this article: VRX
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