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Microsoft buying speech recognition firm Nuance in $16B deal
| April 12th, 2021  6:38 PM
Microsoft buying speech recognition firm Nuance in $16B deal
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance's widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That's a 23% premium to Nuance's Friday closing price.
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Microsoft buying speech recognition firm Nuance in $16B deal
Microsoft buying speech recognition firm Nuance in $16B deal
| April 12th | 2021  6:38PM
Microsoft buying speech recognition firm Nuance in $16B deal
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance's widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That's a 23% premium to Nuance's Friday closing price.
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US nominates NY lawyer to monitor United Auto Workers union
Government policy news icon
| April 12th | 2021  6:31PM
US nominates NY lawyer to monitor United Auto Workers union
DETROIT (AP) — The U.S. attorney's office in Detroit is recommending that a federal judge name New York lawyer Neil Barofsky to monitor the United Auto Workers union's behavior after a corruption scandal. Appointing an independent monitor is part of a settlement the union agreed to with federal prosecutors in December. He'll stay in…
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Biden wants infrastructure deal, but GOP doubts persist
Joe Biden, Kamala Harris
| April 12th | 2021  6:16PM
Biden wants infrastructure deal, but GOP doubts persist
WASHINGTON (AP) — President Joe Biden wants Congress to know he's sincere about cutting a deal on infrastructure, but Republican lawmakers have deep-seated doubts about the scope of his proposed package, its tax hikes and Biden's premise that this is an inflection point for the U.S. as a world power. Biden met Monday afternoon with a…
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White House grades states' infrastructure as it pushes bill
White House grades states' infrastructure as it pushes bill
| April 12th | 2021  5:50PM
White House grades states' infrastructure as it pushes bill
WASHINGTON (AP) — President Joe Biden wants Congress to know he's sincere about cutting a deal on infrastructure, but the White House is also highlighting needed repairs and upgrades state-by-state that cost far more than what Republicans are willing to spend. Biden met Monday afternoon with a bipartisan group of lawmakers and tried to…
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Stocks end slightly below latest record highs as tech slips
Stocks end slightly below latest record highs as tech slips
| April 12th | 2021  4:56PM
Stocks end slightly below latest record highs as tech slips
U.S. stock indexes gave up some of their recent gains Monday, pulling the S&P 500 slightly below the record high it hit last week. Technology, communication and energy stocks weighed on the market, outweighing gains by a broad mix of companies, including banks and those that rely directly on consumer spending, such as Nike and Chipotle.
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US budget deficit jumps to record $1.7 trillion this year
US budget deficit jumps to record $1.7 trillion this year
| April 12th | 2021  4:49PM
US budget deficit jumps to record $1.7 trillion this year
WASHINGTON (AP) — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year, nearly double the previous record, as another round of economic-support checks added billions of dollars to spending last month. In its monthly budget report, the Treasury Department said Monday…
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How major US stock indexes fared Monday
Financial markets news icon
| April 12th | 2021  4:27PM
How major US stock indexes fared Monday
Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%. Investors are continuing to focus on the economic recovery as well as concerns about inflation and rising bond yields. Big banks will be in focus as several of them report their latest quarterly earnings in the middle of the week.
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Biden names 2 ex-NSA officials for senior cyber positions
Chris Inglis
| April 12th | 2021  4:22PM
Biden names 2 ex-NSA officials for senior cyber positions
WASHINGTON (AP) — President Joe Biden has selected two former senior National Security Agency officials for key cyber roles in his administration, the White House said Monday in moving to fill out a team whose role has grown more urgent after two major hacks that have consumed the government's attention. Chris Inglis, a former NSA deputy director, is being nominated as the government's first national cyber director.
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Closing prices for crude oil, gold and other commodities
Corporate news news icon
| April 12th | 2021  3:48PM
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose 38 cents to $59.70 a barrel Monday. Brent crude oil for June delivery rose 33 cents to $63.28 a barrel. Wholesale gasoline for May delivery rose 1 cent to $1.97 a gallon. May heating oil was unchanged at $1.81 a gallon. May natural gas rose 3 cents to $2.56 per 1,000 cubic feet. Gold for June delivery fell $12.10 to $1,732.70 an ounce.
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Biden tells execs US needs to invest, lead in computer chips
Joe Biden, Gina Raimondo, Brian Deese, Jake Sullivan, Daleep Singh
| April 12th | 2021  3:42PM
Biden tells execs US needs to invest, lead in computer chips
WASHINGTON (AP) — President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader. “We need to build the infrastructure of today, not repair the one of yesterday,” he told the group of 19 executives from the technology, chip and automotive industries.
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Turkey, Libya recommit to contested maritime borders deal
Turkey, Libya recommit to contested maritime borders deal
| April 12th | 2021  2:55PM
Turkey, Libya recommit to contested maritime borders deal
ANKARA, Turkey (AP) — The head of Libya's new interim government and Turkish President Recep Tayyip Erdogan on Monday affirmed their commitment to a controversial 2019 maritime agreement that has angered Greece and Cyprus. Speaking following a meeting in Ankara with Libyan Prime Minister Abdul Hamid Dbeibah, Erdogan pledged to support to Libya's unity, its reconstruction and its military.
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Stocks veer lower, just below record highs, as tech slides
Stocks veer lower, just below record highs, as tech slides
| April 12th | 2021  2:40PM
Stocks veer lower, just below record highs, as tech slides
Stocks veered lower in afternoon trading on Wall Street Monday after the market hit record highs last week. Investors are continuing to focus on the economic recovery as well as concerns about inflation and rising bond yields. The S&P 500 index was down 0.2% as of 2:33 p.m. Eastern. The Dow Jones Industrial Average fell 107 points, or 0.3%, to 33,691 and the Nasdaq Composite fell 0.4%.
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How billionaire is using financial muscle for racial equity
How billionaire is using financial muscle for racial equity
| April 12th | 2021  2:14PM
How billionaire is using financial muscle for racial equity
Inspired by the racial justice protests of 2020, Jahm Najafi is ready to shed his normally low profile to make some headlines for his partnerships and philanthropy. In February, Najafi, a billionaire who runs the Phoenix-based investment firm Najafi Cos., joined former NFL star Colin Kaepernick to form Mission Advancement, a special purpose acquisition company.
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How Badly Undervalued is Overstock Right Now?
How Badly Undervalued is Overstock Right Now?
| April 12th | 2021  1:30PM
How Badly Undervalued is Overstock Right Now?
Overstock (NASDAQ:OSTK) made plenty of headway in 2020 thanks to its focus on home furniture and its completely online operation that made it both remarkably resistant to an increasingly attractive during the pandemic. While it's done very well for itself lately, that hasn't been as reflected in the current share price as some had hoped. The stock…
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The Latest: Italian police block protesting business owners
The Latest: Italian police block protesting business owners
| April 12th | 2021  1:10PM
The Latest: Italian police block protesting business owners
ROME — Police in Rome blocked hundreds of angry owners of shuttered establishments, such as restaurants and gyms, from reaching a square outside the Italian Parliament as frustration builds in business sectors over weeks of current pandemic lockdown measures. The protesters took to the streets on Monday to demand that the government lift…
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China's EV Market Ready To Charge Higher
China
| April 12th | 2021  1:00AM
China's EV Market Ready To Charge Higher
EV's Take Market Share In China  The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter and totaled 5.09 million. This is shy of the Q1 high set back in 2018 but well within striking distance.
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DoorDash Delivers 9.6% Gains as It Plans the Future
DoorDash Delivers 9.6% Gains as It Plans the Future
| April 12th | 2021  1:00AM
DoorDash Delivers 9.6% Gains as It Plans the Future
DoorDash (NYSE:DASH) enjoyed a surge in popularity over the last year as restaurants were forced to close their dining rooms in the face of Covid-19. With even the most restrictive states beginning to open back up, though, that could have proved to be the end of DoorDash's fantastic run. New reports suggest that the company isn't resting on its laurels,…
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Aphria Catches COVID-19, Revenue Down On Lockdowns
Aphria Catches COVID-19, Revenue Down On Lockdowns
| April 12th | 2021  1:00AM
Aphria Catches COVID-19, Revenue Down On Lockdowns
Another Shock For Aphria Investors  Aphria (NASDAQ: APHA) reported its FQ3 results and revealed an issue that will likely plague the entire Canadian cannabis industry this earnings cycle. Lockdowns in key markets across the country and globally took a big bite out of revenue. The news has the market down about 10% in early trading because Aphria investors were expecting so much more.
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3 Digital Media Stocks Setting Up For Further Gains
3 Digital Media Stocks Setting Up For Further Gains
| April 12th | 2021  1:00AM
3 Digital Media Stocks Setting Up For Further Gains
Digital media companies Pinterest (NYSE: PINS), Snapchat (NYSE: SNAP) and Sea Limited (NYSE: SE) are all forming corrections after strong run-ups in 2020.  Much has been written lately about pullbacks in techs, Internet companies, and growth stocks in general, following big gains in 2020. Rather than taking a position of “nothing lasts…
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3 Stocks Near 52-Week Lows Ready to Buy
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| April 10th, 5:35 AM
3 Stocks Near 52-Week Lows Ready to Buy
When a stock is trading close to its low of the last 12 months, it can be interpreted in one of two ways. Either it deserves to be there and has more downside, or it is oversold and has the fundamentals to stage a turnaround. Taking the glass half full approach, we look at three mature, large cap companies that are trading near their 52-week lows.
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3 Growth Stocks Displaying Market Leadership
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| April 10th, 5:40 AM
3 Growth Stocks Displaying Market Leadership
What makes a true market leader? From a fundamental perspective, companies with extraordinary earnings and sales growth that are consistently taking market share from the competition certainly fit the bill, as do businesses that are leaders in their respective industries. Another way to look at market leadership is to identify stocks in strong uptrends…
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2 South Korea firms reach US electric vehicle battery deal
2 South Korea firms reach US electric vehicle battery deal
| April 11th, 10:30 AM
2 South Korea firms reach US electric vehicle battery deal
WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG…
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MarketBeat: Week in Review 4/5 – 4/9
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| April 10th, 5:30 AM
MarketBeat: Week in Review 4/5 – 4/9
The market is digesting the specifics of another round of proposed government spending. This time it takes the form of the nearly $2 trillion infrastructure plan proposed by President Biden in the last week. While it’s clear that this isn’t your grandparent’s idea of infrastructure, just what exactly will make it through to the economy is unclear.
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Sleeping Giant Cisco Stock is Reawakening For a Huge Breakout
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| April 12th, 1:00 AM
Sleeping Giant Cisco Stock is Reawakening For a Huge Breakout
Network communications giant Cisco Systems (NASDAQ: CSCO) stock is reawakening for a long-awaited breakout after a decade-long consolidation. The former high flyer from the early days of the internet mania has gone into hibernation written off as a legacy player despite being a critical component of enabling the world wide web infrastructure to function properly.
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Biden sees `win' for US in electric vehicle battery deal
Biden sees `win' for US in electric vehicle battery deal
| April 11th, 1:58 PM
Biden sees `win' for US in electric vehicle battery deal
WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG…
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3 Digital Media Stocks Setting Up For Further Gains
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| April 12th, 1:00 AM
3 Digital Media Stocks Setting Up For Further Gains
Digital media companies Pinterest (NYSE: PINS), Snapchat (NYSE: SNAP) and Sea Limited (NYSE: SE) are all forming corrections after strong run-ups in 2020.  Much has been written lately about pullbacks in techs, Internet companies, and growth stocks in general, following big gains in 2020. Rather than taking a position of “nothing lasts…
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China's EV Market Ready To Charge Higher
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| April 12th, 1:00 AM
China's EV Market Ready To Charge Higher
EV's Take Market Share In China  The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter and totaled 5.09 million. This is shy of the Q1 high set back in 2018 but well within striking distance.
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Here’s Why Carnival Stock Is Still A Buy
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| April 12th, 1:00 AM
Here’s Why Carnival Stock Is Still A Buy
Shares of cruise ship major Carnival (NYSE: CCL) hit their highest post-pandemic price last week in a sign that now’s as good a time as ever to get involved. In what will surely become one of the greatest recovery stories of all time, shares have now run up close to 300% in the past twelve months. It hasn’t been all plain sailing, however,…
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After Amazon: Labor tries to regroup in wake of Alabama loss
After Amazon: Labor tries to regroup in wake of Alabama loss
| April 10th, 8:30 AM
After Amazon: Labor tries to regroup in wake of Alabama loss
WASHINGTON (AP) — Despite the strongest public support and the most sympathetic president in years, the American labor movement just suffered a stinging defeat -- again. Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale and Department Store Union in much-anticipated election results…
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McDonald’s Doubles Down on Digital, Delivery, and Drive-Thru
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| April 12th, 1:00 AM
McDonald’s Doubles Down on Digital, Delivery, and Drive-Thru
On McDonald’s (NYSE: MCD) fourth-quarter earnings call, CEO Chris Kempczinski talked about the company’s growth pillars, using a “MCDs” acronym. The “M” stands for maximizing marketing, the “C” stands for a commitment to the core menu, and the “D” stands for “doubling down on digital,…
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Aphria Catches COVID-19, Revenue Down On Lockdowns
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| April 12th, 1:00 AM
Aphria Catches COVID-19, Revenue Down On Lockdowns
Another Shock For Aphria Investors  Aphria (NASDAQ: APHA) reported its FQ3 results and revealed an issue that will likely plague the entire Canadian cannabis industry this earnings cycle. Lockdowns in key markets across the country and globally took a big bite out of revenue. The news has the market down about 10% in early trading because Aphria investors were expecting so much more.
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The Latest: Navajo Nation issues weekend stay-at-home order
The Latest: Navajo Nation issues weekend stay-at-home order
| April 9th, 10:27 PM
The Latest: Navajo Nation issues weekend stay-at-home order
WINDOW ROCK, Ariz. -- The Navajo Nation has issued a stay-at-home order for the weekend after reporting 26 more confirmed COVID-19 cases. The latest figures bring the total number of cases on the tribe’s reservation, which includes parts of Arizona, New Mexico and Utah, to 30,239. No additional deaths were reported. The current death toll is 1,260.
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Top Chinese official admits vaccines have low effectiveness
Top Chinese official admits vaccines have low effectiveness
| April 12th, 1:15 AM
Top Chinese official admits vaccines have low effectiveness
BEIJING (AP) — China’s top disease control official, in a rare acknowledgement, said current vaccines offer low protection against the coronavirus and mixing them is among strategies being considered to boost their effectiveness. China has distributed hundreds of millions of doses of domestically made vaccines abroad and is relying on…
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Feds charge 3 more in massive California unemployment fraud
Feds charge 3 more in massive California unemployment fraud
| April 9th, 7:59 PM
Feds charge 3 more in massive California unemployment fraud
SACRAMENTO, Calif. (AP) — Federal prosecutors said Friday that they have charged three Southern California women with using prison inmates' names to bilk a state agency out of a combined nearly $1.25 million in coronavirus-related unemployment benefits, the latest allegations in an ongoing scandal that has cost hundreds of millions of dollars. …
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DoorDash Delivers 9.6% Gains as It Plans the Future
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| April 12th, 1:00 AM
DoorDash Delivers 9.6% Gains as It Plans the Future
DoorDash (NYSE:DASH) enjoyed a surge in popularity over the last year as restaurants were forced to close their dining rooms in the face of Covid-19. With even the most restrictive states beginning to open back up, though, that could have proved to be the end of DoorDash's fantastic run. New reports suggest that the company isn't resting on its laurels,…
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World shares, US futures decline on vaccine, virus worries
World shares, US futures decline on vaccine, virus worries
| April 12th, 4:59 AM
World shares, US futures decline on vaccine, virus worries
BANGKOK (AP) — World shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway. Shares fell in London, Paris, Tokyo and Shanghai. U.S. futures also slipped. The declines followed a strong end last week on Wall Street,…
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Fed's Powell sees US boom ahead, with COVID still a risk
Fed's Powell sees US boom ahead, with COVID still a risk
| April 11th, 8:00 PM
Fed's Powell sees US boom ahead, with COVID still a risk
WASHINGTON (AP) — The U.S. economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an interview broadcast Sunday, though the coronavirus still poses some risk. Chair Jerome Powell, speaking to CBS' “60 Minutes," also said that he doesn't expect to raise the Fed's benchmark interest rate, currently pegged at nearly zero, this year.
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CEOs gather to speak out against voting law changes
CEOs gather to speak out against voting law changes
| April 11th, 11:51 PM
CEOs gather to speak out against voting law changes
More than a hundred top executives and corporate leaders gathered online this weekend to discuss their response to restrictive voting laws under consideration in several states and already enacted in Georgia, according to a statement from organizers of the meeting. The statement didn’t identify the participants, but The Washington Post…
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Microsoft (NASDAQ:MSFT) Given a $300.00 Price Target by Jefferies Financial Group Analysts
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| April 12th, 6:13 PM
Microsoft (NASDAQ:MSFT) Given a $300.00 Price Target by Jefferies Financial Group Analysts
Microsoft (NASDAQ:MSFT) has been assigned a $300.00 price target by research analysts at Jefferies Financial Group in a report issued on Monday, Borsen Zeitung reports. The firm presently has a "buy" rating on the software giant's stock. Jefferies Financial Group's price objective would indicate a potential upside of 17.23% from the company's current…
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Zacks: Analysts Anticipate Abbott Laboratories (NYSE:ABT) Will Post Earnings of $1.33 Per Share
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| April 12th, 4:19 PM
Zacks: Analysts Anticipate Abbott Laboratories (NYSE:ABT) Will Post Earnings of $1.33 Per Share
Brokerages forecast that Abbott Laboratories (NYSE:ABT) will announce $1.33 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Abbott Laboratories' earnings, with estimates ranging from $1.26 to $1.43. Abbott Laboratories posted earnings per share of $0.65 in the same quarter last year, which would suggest a positive year over year growth rate of 104.6%.
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adidas' (ADDYY) "Buy" Rating Reaffirmed at UBS Group
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| April 12th, 4:16 PM
adidas' (ADDYY) "Buy" Rating Reaffirmed at UBS Group
adidas (OTCMKTS:ADDYY)'s stock had its "buy" rating reiterated by research analysts at UBS Group in a research report issued to clients and investors on Monday, The Fly reports.A number of other brokerages have also weighed in on ADDYY. Kepler Capital Markets upgraded shares of adidas to a "buy" rating in a report on Sunday, January 10th. Jefferies…
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Alibaba Group (NYSE:BABA) Given New $320.00 Price Target at CLSA
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| April 12th, 4:16 PM
Alibaba Group (NYSE:BABA) Given New $320.00 Price Target at CLSA
Alibaba Group (NYSE:BABA) had its price objective dropped by equities researchers at CLSA from $351.00 to $320.00 in a note issued to investors on Monday, The Fly reports. The firm presently has a "buy" rating on the specialty retailer's stock. CLSA's price objective would indicate a potential upside of 31.88% from the stock's previous close.The Hammer…
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Turquoise Hill Resources (NYSE:TRQ) PT Raised to $19.00
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| April 12th, 4:15 PM
Turquoise Hill Resources (NYSE:TRQ) PT Raised to $19.00
Turquoise Hill Resources (NYSE:TRQ) (TSE:TRQ) had its price target increased by equities researchers at BMO Capital Markets from $18.00 to $19.00 in a report issued on Monday, The Fly reports. The firm presently has a "market perform" rating on the basic materials company's stock. BMO Capital Markets' price target indicates a potential upside of 3.94%…
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McDonald's (NYSE:MCD) Given New $250.00 Price Target at Morgan Stanley
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| April 12th, 2:16 PM
McDonald's (NYSE:MCD) Given New $250.00 Price Target at Morgan Stanley
McDonald's (NYSE:MCD) had its target price increased by equities research analysts at Morgan Stanley from $248.00 to $250.00 in a research note issued on Monday, Stock Target Advisor reports. The firm currently has an "overweight" rating on the fast-food giant's stock. Morgan Stanley's price target suggests a potential upside of 8.22% from the stock's…
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iRhythm Technologies (NASDAQ:IRTC) Downgraded by JPMorgan Chase & Co.
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| April 12th, 2:16 PM
iRhythm Technologies (NASDAQ:IRTC) Downgraded by JPMorgan Chase & Co.
iRhythm Technologies (NASDAQ:IRTC) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating in a report released on Monday, Briefing.com reports.A number of other analysts have also recently commented on IRTC. Truist cut their target price on shares of iRhythm Technologies from $265.00 to $220.00 in a research note on Monday, February 1st.
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Morgan Stanley Increases Shake Shack (NYSE:SHAK) Price Target to $104.00
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| April 12th, 2:10 PM
Morgan Stanley Increases Shake Shack (NYSE:SHAK) Price Target to $104.00
Shake Shack (NYSE:SHAK) had its target price lifted by Morgan Stanley from $95.00 to $104.00 in a note issued to investors on Monday, Stock Target Advisor reports. The firm currently has an "equal weight" rating on the stock. Morgan Stanley's price target indicates a potential downside of 7.14% from the stock's previous close.Is It Time To Buy Shake Shack (NYSE:SHAK)?Other research analysts have also recently issued reports about the stock.
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Sysco (NYSE:SYY) Price Target Raised to $81.00 at Morgan Stanley
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| April 12th, 2:10 PM
Sysco (NYSE:SYY) Price Target Raised to $81.00 at Morgan Stanley
Sysco (NYSE:SYY) had its price objective increased by research analysts at Morgan Stanley from $76.00 to $81.00 in a note issued to investors on Monday, Stock Target Advisor reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's target price would indicate a potential downside of 0.56% from the stock's current price.Several other research firms have also issued reports on SYY.
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Texas Roadhouse (NASDAQ:TXRH) Price Target Raised to $94.00
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| April 12th, 2:10 PM
Texas Roadhouse (NASDAQ:TXRH) Price Target Raised to $94.00
Texas Roadhouse (NASDAQ:TXRH) had its target price boosted by stock analysts at Morgan Stanley from $90.00 to $94.00 in a report released on Monday, Stock Target Advisor reports. The firm currently has an "equal weight" rating on the restaurant operator's stock. Morgan Stanley's target price points to a potential downside of 3.83% from the stock's…
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US Foods (NYSE:USFD) PT Raised to $41.00 at Morgan Stanley
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| April 12th, 2:10 PM
US Foods (NYSE:USFD) PT Raised to $41.00 at Morgan Stanley
US Foods (NYSE:USFD) had its price target lifted by analysts at Morgan Stanley from $39.00 to $41.00 in a report released on Monday, Stock Target Advisor reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's price objective points to a potential upside of 4.09% from the company's previous close.Other analysts have also recently issued research reports about the stock.
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Scotiabank Boosts Cameco (NYSE:CCJ) Price Target to $25.00
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| April 12th, 12:20 PM
Scotiabank Boosts Cameco (NYSE:CCJ) Price Target to $25.00
Cameco (NYSE:CCJ) (TSE:CCO) had its target price boosted by research analysts at Scotiabank from $23.00 to $25.00 in a research report issued to clients and investors on Monday, The Fly reports. The firm currently has an "outperform" rating on the basic materials company's stock. Scotiabank's target price would suggest a potential upside of 50.51% from the stock's current price.
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Analysts Expect Square, Inc. (NYSE:SQ) to Post $0.15 Earnings Per Share
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| April 12th, 12:17 PM
Analysts Expect Square, Inc. (NYSE:SQ) to Post $0.15 Earnings Per Share
Wall Street brokerages expect Square, Inc. (NYSE:SQ) to report earnings of $0.15 per share for the current quarter, according to Zacks. Eleven analysts have made estimates for Square's earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.25. Square reported earnings per share of ($0.02) in the same quarter last year, which would suggest a positive year over year growth rate of 850%.
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Match Group, Inc. (NASDAQ:MTCH) Expected to Post Earnings of $0.46 Per Share
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| April 12th, 12:15 PM
Match Group, Inc. (NASDAQ:MTCH) Expected to Post Earnings of $0.46 Per Share
Equities research analysts expect that Match Group, Inc. (NASDAQ:MTCH) will report earnings of $0.46 per share for the current quarter, Zacks Investment Research reports. Eight analysts have made estimates for Match Group's earnings, with the lowest EPS estimate coming in at $0.45 and the highest estimate coming in at $0.47. Match Group reported earnings…
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Brinker International (NYSE:EAT) Price Target Raised to $68.00 at Morgan Stanley
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| April 12th, 12:14 PM
Brinker International (NYSE:EAT) Price Target Raised to $68.00 at Morgan Stanley
Brinker International (NYSE:EAT) had its price target boosted by stock analysts at Morgan Stanley from $64.00 to $68.00 in a research report issued to clients and investors on Monday, Stock Target Advisor reports. The brokerage presently has an "equal weight" rating on the restaurant operator's stock. Morgan Stanley's price objective would indicate…
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Domino's Pizza (NYSE:DPZ) Price Target Raised to $425.00 at Morgan Stanley
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| April 12th, 12:14 PM
Domino's Pizza (NYSE:DPZ) Price Target Raised to $425.00 at Morgan Stanley
Domino's Pizza (NYSE:DPZ) had its target price lifted by investment analysts at Morgan Stanley from $422.00 to $425.00 in a note issued to investors on Monday, Stock Target Advisor reports. The brokerage currently has an "overweight" rating on the restaurant operator's stock. Morgan Stanley's price objective would suggest a potential upside of 9.54%…
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Lordstown Motors Corp. (NASDAQ:RIDE) Given Average Rating of "Hold" by Brokerages
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| April 12th, 10:37 AM
Lordstown Motors Corp. (NASDAQ:RIDE) Given Average Rating of "Hold" by Brokerages
Shares of Lordstown Motors Corp. (NASDAQ:RIDE) have been assigned an average recommendation of "Hold" from the six brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $26.67.
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Knight-Swift Transportation (NYSE:KNX) Cut to "Neutral" at Susquehanna Bancshares
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| April 12th, 10:15 AM
Knight-Swift Transportation (NYSE:KNX) Cut to "Neutral" at Susquehanna Bancshares
Knight-Swift Transportation (NYSE:KNX) was downgraded by Susquehanna Bancshares to a "neutral" rating in a report released on Monday, Stock Target Advisor reports. They currently have a $53.00 price target on the transportation company's stock. Susquehanna Bancshares' price target points to a potential upside of 6.47% from the stock's previous close.Several other brokerages also recently commented on KNX.
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Raytheon Technologies (NYSE:RTX) PT Raised to $91.00
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| April 12th, 10:15 AM
Raytheon Technologies (NYSE:RTX) PT Raised to $91.00
Raytheon Technologies (NYSE:RTX) had its price target raised by investment analysts at Susquehanna Bancshares from $83.00 to $91.00 in a report issued on Monday, Stock Target Advisor reports. The firm presently has a "positive" rating on the stock. Susquehanna Bancshares' target price points to a potential upside of 15.97% from the stock's current…
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