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Analysts Diverge On Celgene's Deal With Juno Therapeutics
Tuesday, June 30, 2015 - 11:37am | 381Read More...Whether Celgene Corporation (NASDAQ: CELG) went too far in its $1 billion development deal with Juno Therapeutics Inc (NASDAQ: JUNO) is a matter for speculation. Celgene unveiled an agreement late Monday in which it will pay Juno $150 million and acquire about $850 million in Juno shares in...
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Not Everyone On Wall Street Likes Intel's Altera Deal
Tuesday, June 2, 2015 - 10:58am | 374Read More...Intel Corporation (NASDAQ: INTC) on Monday announced the acquisition of Altera Corporation (NASDAQ: ALTR) for total value of about $16.7 billion. The consensus among Wall Street analysts, however, is that Intel overpaid in this deal. UBS' Stephen Chin reiterated his Buy rating after the deal...
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Netflix Analysts: The Day After
Thursday, April 16, 2015 - 1:08pm | 1030Read More...Netflix, Inc. (NASDAQ: NFLX) reported Q1 earnings on Wednesday and the stock responded by soaring over 12 percent in the after-hours session. The stock recently traded at $543.41, up 14.29 percent. Wall Street analysts commented on the stock. Below are highlights along with current ratings...
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Is The Worst Over? Here's What The Street Thinks Of Intel's Earnings
Wednesday, April 15, 2015 - 12:52pm | 414Read More...Intel Corporation (NASDAQ: INTC) traded higher Wednesday in the wake of a better-than-feared first quarter earnings report, with at least a few analysts suggesting the worst of its troubles are over. Intel traded recently at $32.94, up about 4.6 percent. Intel, which gets about half of its revenue...
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Analysts Divided On Outlook For Wells Fargo Shares
Wednesday, April 15, 2015 - 12:46pm | 331Read More...Wells Fargo & Co (NYSE: WFC)'s first-quarter earnings miss on a narrowing net interest margin and slow loan growth left analysts with divided opinions as the smoke cleared Wednesday. Shares traded recently at $54.59, up 0.74 percent. "It was a 'blah' quarter," said Oppenheimer's Christopher...
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2 Analysts Dissect The Gap's Same-Store Sales
Friday, March 6, 2015 - 12:21pm | 361Read More...Gap Inc (NYSE: GPS) on Thursday reported its February net sales fell 1.2 percent from a year ago to $918 million, while same-store sales fell 4 percent. In a report published Thursday evening, UBS analyst Roxanne Meyer commented on the company's results, noting sales were impacted by...
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Wall Street Is Divided On American Eagle
Thursday, March 5, 2015 - 2:49pm | 683Read More...American Eagle Outfitters (NYSE: AEO) reported Q4 earnings Thursday and beat analyst estimates. The stock spiked upwards nearly 10 percent following the earnings announcement and recently traded at $16.22. Analysts weighed in on the results and while some found the company's performance...
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Uralkali's Solikamsk-2 Mine May Be Lost
Thursday, November 20, 2014 - 1:40pm | 114Read More...BMO analyst Joel Jackson suggested Thursday that the troubled Uralkali Solikamsk-2 mine may already be lost, according to Bloomberg. The mine was recently shut down as it developed a sink hole. According to Jackson, electricity and the air supply to the mine have now been turned off....
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Regeneron Shares Fall Following BMO's Note Of Roche Preference
Friday, June 20, 2014 - 12:14pm | 117Read More...Shares of Regeneron Pharmaceuticals (NASDAQ: REGN) are down three percent following BMO analyst Jim Birchenough's note of customers cost preference of Roche's Avastin. Birchenough remarked that there has been “broad reconsideration” of use of “low-cost” Avastin over Regeneron's Eylea by patients....
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Coach Continues Decline On Raft Of Downgrades
Friday, June 20, 2014 - 10:08am | 260Read More...Coach (NYSE: COH) shares have continued to decline Friday after a raft of analysts downgraded the company on a weak outlook. The luxury handbag retailer disclosed expectations at a meeting with analysts Thursday, predicting same-store sales to drop to the "mid-to-high" 20 percent...
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Elizabeth Arden Shares Gain 14.42% On Takeover Bid Rumors, Analyst Comments
Wednesday, June 11, 2014 - 4:01pm | 296Read More...Shares of Elizabeth Arden (NASDAQ: RDEN) have traded as high as 14.42 percent on a rumored unconfirmed takeover bid by Korean LG Household & Healthcare. On April 22, Reuters reported that LG household is considering a bid for Elizabeth Arden. Following the company's earnings report on May 12,...
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UPDATE: BMO Downgrades Bristol-Myers Squibb
Thursday, May 15, 2014 - 10:37am | 135Read More...BMO downgraded Bristol-Myers Squibb (NYSE: BMY) from Outperform to a Market Perform rating. Alex Arfaei said, "We were wrong to extrapolate the strong efficacy seen with Bristol's Nivo+Yervoy combo in melanoma to lung (NSCLC) and kidney (RCC) cancer." Arfaei later went on to say, "Although BMS...
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Analysts Dissect Apollo Education's First Quarter Results
Wednesday, January 8, 2014 - 5:03pm | 616Read More...On Tuesday, Apollo Education Group (NASDAQ: APOL) released its first quarter results. The company reported an EPS of $1.04, ahead of the Street's estimate of $0.90. Revenue missed the Street's estimate by $4.28 million coming in at $856.3. Compass Point Research: Moving to Neutral Michael...
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Mylan Faces Criticism from BMO After FDA Warning Letter to Agila
Friday, October 18, 2013 - 4:10pm | 110Read More...Mylan, Inc. (NASDAQ: MYL) shares took a 3+% hit today after BMO analyst David Maris commented that the FDA warning letter may issue an import ban on Agila products. On September 9th, the FDA sent a warning letter to Mylan regarding the use of non-sterile gloves for aseptic processing in Agila's...
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BMO Maintains Outperform on CSX
Wednesday, October 19, 2011 - 10:03am | 102Read More...BMO is out with its report today on CSX (NYSE: CSX), maintaining Outperform. In its report, BMO writes, "Although we do not sense that investors' expectations were high coming into Q3/11, we anticipate a muted response to results. Valuation is attractive in light of strong medium-to-long-term...






