Top Stories https://www.benzinga.com/views/taxonomy/term/138079 en The Tiger Woods 'Halo Effect' Drives Up PGA Championship Ratings https://www.benzinga.com/news/18/08/12193764/the-tiger-woods-halo-effect-drives-up-pga-championship-ratings <p>If there were any lingering doubts about Tiger Woods&#39; popularity, they weren&rsquo;t evident at the PGA Championship Sunday in St. Louis.</p> <p>The golfing legend may not have won, but he stole the show and virtually of all thunder from eventual winner Brooks Koepka.</p> <p>The Tiger Woods <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/04/11492321/tiger-woods-still-has-halo-effect-on-tv-ratings">&#39;halo effect&#39; </a>lives on. TV ratings <a href="https://deadline.com/2018/08/tiger-woods-pga-championship-ratings-cbs-1202444522/">were up 69 percent </a>from last year&#39;s PGA Championship. The event, broadcast on <strong>CBS Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cbs#NYSE">CBS</a>) saw its highest ratings since 2009, when Woods lost his chance for a 15th major to unknown Y.E. Yang.</p> <blockquote class="twitter-tweet"><p>Seven of the nine highest <a href="https://twitter.com/hashtag/PGAChampionship?src=hash&amp;ref_src=twsrc%5Etfw">#PGAChampionship</a> overnight ratings since at least 1996 have come in years when Woods won or finished second. <a href="https://t.co/rc30GzpcSC">pic.twitter.com/rc30GzpcSC</a></p> <p>&mdash; Sports Media Watch (@paulsen_smw) <a href="https://twitter.com/paulsen_smw/status/1029025141236424705?ref_src=twsrc%5Etfw">August 13, 2018</a></p></blockquote> <h3>&#39;It&#39;s Like The Old Days&#39;</h3> <p>&ldquo;Yesterday, Tiger had his patented Tiger charge and there was a huge spike in ratings. Despite ...</p><p><a href=https://www.benzinga.com/news/18/08/12193764/the-tiger-woods-halo-effect-drives-up-pga-championship-ratings alt=The Tiger Woods &#039;Halo Effect&#039; Drives Up PGA Championship Ratings>Full story available on Benzinga.com</a></p> Brad Adgate Brooks Koepka CBS CBS Sports Fox FOXA Golf News Tiger Woods Sports Top Stories Exclusives Media Interview General CBS US1248572026 FOXA US90130A1016 News Sports Top Stories Exclusives Media Interview General Benzinga Mon, 13 Aug 2018 19:30:17 +0000 Brett Hershman 12193764 at https://www.benzinga.com Analyst Says Things Could Get Worse For Deutsche Bank's Stock https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193880/analyst-says-things-could-get-worse-for-deutsche-banks- <p><strong>Deutsche Bank AG (USA) </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/db#NYSE">DB</a>) stock is down nearly 40 percent year-to-date, but one analyst says things are going to get much worse for Deutsche Bank investors before they get better.</p> <h3>The Analyst</h3> <p>Bank of America analysts led by Andrew Stimpson downgraded Deutsche Bank from Neutral to Underperform and lowered his price target&nbsp;from 11 EUR ($12.54) to 9 EUR ($10.42).</p> <h3>The Thesis</h3> <p>There are simply too many headwinds for Deutsche Bank to overcome at the moment, Stimpson said in the note.</p> <p>First, Stimpson said Deutsche Bank&rsquo;s deleveraging process will hinder its revenue growth. He also said the bank will need more aggressive ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193880/analyst-says-things-could-get-worse-for-deutsche-banks- alt=Analyst Says Things Could Get Worse For Deutsche Bank&#039;s Stock>Full story available on Benzinga.com</a></p> Analyst Color Andrew Stimpson Bank of America DB Downgrades Price Target Top Stories Analyst Ratings DB DE0005140008 Analyst Color Downgrades Price Target Top Stories Analyst Ratings Benzinga Mon, 13 Aug 2018 18:41:17 +0000 Wayne Duggan 12193880 at https://www.benzinga.com Goldman Drops Alnylam From Conviction List, But Continues To See 'Blockbuster Potential' https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193114/goldman-drops-alnylam-from-conviction-list-but-continue <p>The FDA recently <a href="https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm616518.htm"> approved </a> <strong> Alnylam Pharmaceuticals, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alny#NASDAQ">ALNY</a>)&#39;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11052327/chardan-increases-price-target-on-alnylam-from-124-to-1"> patisiran </a> for polyneuropathy caused by hereditary transthyretin-mediated amyloidosis in adults.</p> <p>The genetic, often lethal, disease leads to abnormal buildup of amyloid protein in peripheral nerves, heart and other organs, which results in nerve as well as organ damage.</p> <h3>The Analyst</h3> <p>Goldman Sachs analyst <a href="https://www.tipranks.com/analysts/terence-flynn">Terence Flynn</a> maintained a&nbsp;Buy rating on Alnylam and lowered the&nbsp;price target from $193 to $155.</p> <p>The analyst removed Alnylam from Goldman&#39;s Americas Conviction List.</p> <h3>The Thesis</h3> <p>The approval was in line with expectations, especially after the Eeuropean Union&nbsp;issued a positive Committee for Medicinal Products for Human Use&nbsp;opinion last month, Flynn said in a Monday&nbsp;note. (See the analyst&#39;s track ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193114/goldman-drops-alnylam-from-conviction-list-but-continue alt=Goldman Drops Alnylam From Conviction List, But Continues To See &#039;Blockbuster Potential&#039;>Full story available on Benzinga.com</a></p> ALNY Analyst Color Biotech Goldman Sachs PFE Terence Flynn Price Target Reiteration Top Stories Analyst Ratings General ALNY US02043Q1076 PFE US7170811035 Analyst Color Biotech Price Target Reiteration Top Stories Analyst Ratings General Benzinga Mon, 13 Aug 2018 18:14:14 +0000 Shanthi Rexaline 12193114 at https://www.benzinga.com This Day In Market History: Russian Stocks Drop 6% On Government Insolvency Fears https://www.benzinga.com/news/18/08/12192740/this-day-in-market-history-russian-stocks-drop-6-on-government-insolvency-fears <p><em>Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.</em></p> <h3>What Happened?</h3> <p>On this day 20 years ago, the Russian stock market crashed 6 percent on fears that the Russian government would default.</p> <h3>Where The Market Was</h3> <p>The Dow Jones Industrial Average closed at 8,459.50 and the S&amp;P 500 traded at 1,074.91. Today, the Dow is trading at 25,313.14 and the S&amp;P 500 is trading at 2,833.28.</p> <h3>What Else Was Going On In The World?</h3> <p>In 1998, the European Union agreed to use ...</p><p><a href=https://www.benzinga.com/news/18/08/12192740/this-day-in-market-history-russian-stocks-drop-6-on-government-insolvency-fears alt=This Day In Market History: Russian Stocks Drop 6% On Government Insolvency Fears>Full story available on Benzinga.com</a></p> News RSX this day in market history Education Global Top Stories Markets General RSX US57060U5065 News Education Global Top Stories Markets General Benzinga Mon, 13 Aug 2018 18:04:57 +0000 Wayne Duggan 12192740 at https://www.benzinga.com The Week Ahead: Nvidia, Retailer Earnings In Focus https://www.benzinga.com/general/biotech/18/08/12192959/the-week-ahead-nvidia-retailer-earnings-in-focus <p>Below is a list of notable corporate events for the week beginning August 13. Note, this list is not comprehensive and all dates are subject to change. All times are ET.</p> <p><strong>Monday</strong><br /> <em><strong>Conferences</strong></em></p> <ul> <li>KeyBanc Capital Markets Global Technology Leadership Forum August 12-14</li> </ul> <p><strong><em>Notable Earnings</em></strong></p> <ul> <li><strong>Sysco Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/syy#NYSE">SYY</a>) <a href="https://www.benzinga.com/news/earnings/18/08/12190447/sysco-q4-eps-0-94-beats-0-93-estimate-sales-15-316b-beats-15-28b-estima">Q4 premarket</a></li> </ul> <p><em><strong>FDA/Biotech</strong></em></p> <ul> <li><strong>Amicus Therapeutics, Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fold#NASDAQ">FOLD</a>) PDUFA date for Migalastat (stock was halted the afternoon of August 10&nbsp;and has yet to resume)</li> </ul> <p><em><strong>Investor Events</strong></em></p> <ul> <li>IPO Quiet Period Expiration For <strong>Allegro Merger Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/algru#NASDAQ">ALGRU</a>) and <strong>Blink Charging Co.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blnk#NASDAQ">BLNK</a>)</li> <li>Offering quiet period expirations for <strong>Biofrontera</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bfra#NASDAQ">BFRA</a>) and <strong>Motus GI Holdings, Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mots#NASDAQ">MOTS</a>)</li> <li><strong>Synthetic Biologics, Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/syn#NYSE">SYN</a>) begins trading on a 1-for-35 reverse stock ...</li></ul><p><a href=https://www.benzinga.com/general/biotech/18/08/12192959/the-week-ahead-nvidia-retailer-earnings-in-focus alt=The Week Ahead: Nvidia, Retailer Earnings In Focus>Full story available on Benzinga.com</a></p> ALGRU BFRA Biotech BLNK BMY CRL CSCO CWH DE Earnings EFX FAMI FOLD HD INSM JCP JWN M MOTS News NTAP NVDA PGR SCHW SYN SYY TPR VRTX WMT Hedge Funds Previews FDA IPOs Econ #s Top Stories Economics Trading Ideas General CSCO US17275R1023 FOLD US03152W1099 INSM US4576693075 NTAP US64110D1046 NVDA US67066G1040 SCHW US8085131055 VRTX US92532F1003 BMY US1101221083 CRL US1598641074 DE US2441991054 EFX US2944291051 HD US4370761029 JCP US7081601061 JWN US6556641008 M US55616P1049 PGR US7433151039 SYY US8718291078 WMT US9311421039 SYN US8719481058 CWH US2032331017 TPR BFRA MOTS BLNK FAMI ALGRU News Earnings Biotech Hedge Funds Previews FDA IPOs Econ #s Top Stories Economics Trading Ideas General Benzinga Mon, 13 Aug 2018 17:26:39 +0000 Taylor Cox 12192959 at https://www.benzinga.com No Surprise: FAANG's A Big Deal For Growth Indexes, ETFs https://www.benzinga.com/trading-ideas/long-ideas/18/08/12188496/no-surprise-faangs-a-big-deal-for-growth-indexes-etfs <p>July was the first month in some time that large-cap value stocks outperformed their growth rivals. Growth fans may be apt to say some company-specific issues plagued growth stocks last month.</p> <p>But with a small number of stocks accounting for significant portions of widely followed growth indexes, such as the Russell 1000 Growth Index, there&#39;s some credibility to the aforementioned argument.</p> <h3>What To Know</h3> <p>When it comes stocks dominating growth benchmarks, that often means <strong>Facebook Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>), <strong>Amazon.com Inc</strong>. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), <strong>Apple Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), <strong>Netflix, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) and Google parent <strong>Alphabet Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>), also known as the FAANG quintet.</p> <p>The <strong>iShares Russell 1000 Growth ETF</strong> ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/08/12188496/no-surprise-faangs-a-big-deal-for-growth-indexes-etfs alt=No Surprise: FAANG&#039;s A Big Deal For Growth Indexes, ETFs>Full story available on Benzinga.com</a></p> AAPL Alect Young AMZN FB FTSE Russell GOOGL IWD IWF Long Ideas NFLX Broad U.S. Equity ETFs Top Stories Tech Trading Ideas ETFs IWD US4642875987 IWF US4642876142 AAPL US0378331005 AMZN US0231351067 NFLX US64110L1061 FB GOOGL US38259P5089 Long Ideas Broad U.S. Equity ETFs Top Stories Tech Trading Ideas ETFs Benzinga Mon, 13 Aug 2018 17:14:37 +0000 ETF Professor 12188496 at https://www.benzinga.com Citron: Twitter Shares Could Hit '$52 Within 52 Weeks' https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193366/citron-twitter-shares-could-hit-52-within-52-weeks <p>It has been a roller coaster ride for<strong> Twitter, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>) investors so far in 2018.</p> <p>Citron Research Andrew Left said Monday the stock is headed significantly higher over the next year. According to Left, Twitter will hit $52 within the next 52 weeks, a roughly 57-percent upside from its current price.</p> <p>Left, a notable short seller, said Twitter has become an irreplaceable part of the global media landscape. In just the past week alone, Twitter has been a platform for major announcements from President Trump and <strong>Tesla, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) CEO Elon Musk. Twitter&rsquo;s censuring of Alex Jones has also been a centerpiece of a global debate on free speech.</p> <p>&ldquo;Most all of 2018&rsquo;s most important news in finance, sports and politics has broken on TWTR!&rdquo; Left ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12193366/citron-twitter-shares-could-hit-52-within-52-weeks alt=Citron: Twitter Shares Could Hit &#039;$52 Within 52 Weeks&#039;>Full story available on Benzinga.com</a></p> Alex Jones Analyst Color Andrew Left Citron Research Donald Trump FB Long Ideas Short Sellers SNAP TSLA TWTR Price Target Top Stories Analyst Ratings Trading Ideas TSLA US88160R1014 FB TWTR US90184L1026 SNAP Long Ideas Analyst Color Short Sellers Price Target Top Stories Analyst Ratings Trading Ideas Benzinga Mon, 13 Aug 2018 17:04:05 +0000 Wayne Duggan 12193366 at https://www.benzinga.com Could SpaceX Help Finance A Tesla Go-Private Deal? Morgan Stanley Weighs In https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12191952/could-spacex-help-finance-a-tesla-go-private-deal-morga <p>On Monday, Elon Musk revealed Saudi Arabia as the mystery backer behind his recently announced deal to take Tesla private at $420 per share. With details about the potential deal still lacking, a Morgan Stanley analyst said&nbsp;SpaceX could play an important role.</p> <h3>The Analyst</h3> <p>Morgan Stanley analyst <a href="https://www.tipranks.com/analysts/adam-jonas">Adam Jonas</a> reiterated an&nbsp;Equal-Weight rating on Tesla with a $291 price target.&nbsp;&nbsp;</p> <h3>The Thesis</h3> <p>Tesla and SpaceX will have an increasingly intertwined future over time, Jonas said in a Monday note. (See the analyst&#39;s track record <a href="https://www.tipranks.com/analysts/adam-jonas">here</a>.)</p> <p>In the near-term, Jonas said there are two ways SpaceX could help Tesla achieve privatization.</p> <p>First,&nbsp;SpaceX could directly invest in Tesla as part of a strategic partnership, Jonas said. The two companies could mutually benefit from partnerships ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12191952/could-spacex-help-finance-a-tesla-go-private-deal-morga alt=Could SpaceX Help Finance A Tesla Go-Private Deal? Morgan Stanley Weighs In>Full story available on Benzinga.com</a></p> Adam Jonas Analyst Color Morgan Stanley TSLA Price Target Reiteration Top Stories Analyst Ratings TSLA US88160R1014 Analyst Color Price Target Reiteration Top Stories Analyst Ratings Benzinga Mon, 13 Aug 2018 16:50:37 +0000 Wayne Duggan 12191952 at https://www.benzinga.com 'Positive Indicators' For High-Yield Municipal Bonds Could Benefit This ETF https://www.benzinga.com/trading-ideas/long-ideas/18/08/12188495/positive-indicators-for-high-yield-municipal-bonds-could-ben <p>Broadly speaking, municipal bonds are often viewed as conservative instruments, but there are ways for investors to add some spice to this asset class without incurring alarming levels of risk.</p> <p>While it is slightly more volatile than investment-grade municipal bond benchmarks, the <strong>VanEck Vectors High-Yield Municipal Index ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hyd#NYSE">HYD</a>) has moderate risk&nbsp;and could help investors boost their income profiles.</p> <h3>What Happened</h3> <p>HYD is up about 3 percent year-to-date,&nbsp;while the widely followed, investment-grade S&amp;P National AMT-Free Municipal Bond Index is off 0.5 percent. The $2.6-billion HYD is the largest exchange traded fund dedicated to non-investment-grade municipal bonds.</p> <p>The ETF, which is nine-and-a-half years old, follows the Bloomberg Barclays Municipal Custom High Yield Composite Index&nbsp;and is home ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/08/12188495/positive-indicators-for-high-yield-municipal-bonds-could-ben alt=&#039;Positive Indicators&#039; For High-Yield Municipal Bonds Could Benefit This ETF>Full story available on Benzinga.com</a></p> HYD Long Ideas VanEck Bonds Specialty ETFs Top Stories Trading Ideas ETFs HYD US57060U8788 Long Ideas Bonds Specialty ETFs Top Stories Trading Ideas ETFs Benzinga Mon, 13 Aug 2018 14:16:42 +0000 ETF Professor 12188495 at https://www.benzinga.com Musk Tries To Clarify 'Funding Secured' In New Tesla Blog Post https://www.benzinga.com/news/18/08/12191678/musk-tries-to-clarify-funding-secured-in-new-tesla-blog-post <p><strong>Tesla, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) CEO Elon Musk made a <a href="https://www.tesla.com/en_GB/blog/update-taking-tesla-private?redirect=no">new blog post</a>&nbsp;Monday morning shedding some light on his controversial proposal to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12157322/elon-musks-tesla-go-private-tweets-are-they-legal-and-i">take Tesla private at a price of $420 per share</a>.</p> <h3>What Happened</h3> <p>After initially providing no details on the potential sources of the funding that would be needed to complete a privatization deal, Musk said Monday Saudi Arabia is the mystery backer behind a potential deal.</p> <p>&ldquo;Recently, after the Saudi [Arabian sovereign wealth] fund bought almost 5% of Tesla stock through the public markets, they reached out to ask for another meeting,&rdquo; Musk said in ...</p><p><a href=https://www.benzinga.com/news/18/08/12191678/musk-tries-to-clarify-funding-secured-in-new-tesla-blog-post alt=Musk Tries To Clarify &#039;Funding Secured&#039; In New Tesla Blog Post>Full story available on Benzinga.com</a></p> Elon Musk News Saudi Arabia Saudi Arabia Sovereign Wealth Fund TSLA Offerings Management Top Stories TSLA US88160R1014 News Offerings Management Top Stories Benzinga Mon, 13 Aug 2018 14:11:56 +0000 Wayne Duggan 12191678 at https://www.benzinga.com Forex Experts Discuss Turkey, Lira Meltdown https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12190852/forex-experts-discuss-turkey-lira-meltdown <p>Turkey&#39;s&nbsp;national currency, the lira, continues to trade near all-time lows against the U.S. dollar, and the country is <a href="https://www.bbc.co.uk/news/business-45165629">approaching an economic crisis</a>, the BBC reported. Here&#39;s&nbsp;what investors need to know Monday morning.</p> <h3>The Analysts</h3> <ul> <li>Jose Luis Daza, chief investment officer at QFR Capital Management.</li> <li>Vincent Deluard of INTL FCStone Financial.</li> <li>Mark Newton, technical analyst at Newton Advisors.</li> </ul> <h3>Daza: Potential Credit Crisis</h3> <p>Turkey&#39;s <a href="https://www.benzinga.com/government/18/08/12184039/the-turkish-crisis-what-you-need-to-know-about-erdogan-the-lira-turkey">financial problems</a> are so large, they will require &quot;something very special to short-circuit the crisis,&quot; Daza said on&nbsp;<a href="https://www.cnbc.com/video/2018/08/13/turkeys-problems-could-mutate-into-credit-crisis-says-cio.html">CNBC&#39;s &quot;Squawk Box&quot; segment</a>&nbsp;Monday. As it stands now <a href="http://www.benzinga.com/topic/turkey">the country&#39;s </a>financial problems are limited to its currency, but the situation could transform into a credit crisis, as many&nbsp;Turkish&nbsp;companies owe debt denominated in U.S. dollars, he said.&nbsp;</p> <p>Turkey&#39;s central bank holds the lowest level of net international reserves of all emerging markets with a very large current account deficit, Daza&nbsp;said. The government needs a ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12190852/forex-experts-discuss-turkey-lira-meltdown alt=Forex Experts Discuss Turkey, Lira Meltdown>Full story available on Benzinga.com</a></p> Analyst Color BBC BNPQY BVRDF CNBC foreign exchange Jose Luis Daza lira Mark Newton News TUR Turkey Turkish lira UNCFF Vincent Deluard Emerging Markets Forex Top Stories Markets Analyst Ratings Media TUR US4642867158 UNCFF BVRDF BNPQY US05565A2024 News Analyst Color Emerging Markets Forex Top Stories Markets Analyst Ratings Media Benzinga Mon, 13 Aug 2018 13:17:57 +0000 Jayson Derrick 12190852 at https://www.benzinga.com The Week Ahead In Biotech: Conferences, PDUFA Dates, Earnings And IPOs https://www.benzinga.com/general/biotech/18/08/12165756/the-week-ahead-in-biotech-conferences-pdufa-dates-earnings-and-ipos <p>The <strong>iShares NASDAQ Biotechnology Index (ETF) </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibb#NASDAQ">IBB</a>) has experienced volatility amid the release of another spate of earnings reports.&nbsp;</p> <p>Even as the earnings season winds down, the upcoming week presents a slew of catalysts for biotech investors to watch.&nbsp;</p> <h3>Conferences</h3> <ul> <li>33rd International Conference on Dental and Oral Health: Aug. 13-14 in Dubai, UAE</li> <li>17th Annual Congress on Pediatrics &amp; Neonatology: Aug. 13-14 in Osaka, Japan</li> <li>2018 Wedbush PacGrow Healthcare Conference: Aug. 14-15&nbsp;in New York</li> <li>16th Asia Pacific Biotechnology Congress: Aug. 15-16 in Singapore City, Singapore</li> <li>International Conference on Cancer Research and Diagnostics: Aug. 15-16 in Singapore City, Singapore</li> <li>Asia-Pacific Dermatology and Cosmetology Conference: Aug. 16-17 in Tokyo, Japan</li> </ul> <h3>PDUFA Dates</h3> <p><strong>Amicus Therapeutics, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fold#NASDAQ">FOLD</a>) awaits an FDA ...</p><p><a href=https://www.benzinga.com/general/biotech/18/08/12165756/the-week-ahead-in-biotech-conferences-pdufa-dates-earnings-and-ipos alt=The Week Ahead In Biotech: Conferences, PDUFA Dates, Earnings And IPOs>Full story available on Benzinga.com</a></p> ALLK ALT ARPO ATNX Biotech BMY CNST CRNX CYTX Earnings FOLD IBB MYGN News OCX PRVB REPL RSLS RUBY TGEN VBLT VRTX Previews FDA IPOs Top Stories Trading Ideas CYTX US23283K1051 FOLD US03152W1099 IBB US4642875565 MYGN US62855J1043 VRTX US92532F1003 BMY US1101221083 CNST OCX ALT REPL TGEN US87612M3060 VBLT ATNX ARPO RSLS PRVB RUBY CRNX ALLK News Earnings Biotech Previews FDA IPOs Top Stories Trading Ideas Benzinga Sun, 12 Aug 2018 20:52:22 +0000 Shanthi Rexaline 12165756 at https://www.benzinga.com S3 Partners: Tesla Shorts Haven't Gone Anywhere https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12184287/s3-partners-tesla-shorts-havent-gone-anywhere <p><strong>Tesla, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) has been on the move this week, surging as high as $387.46 following a tweet by CEO Elon Musk that he had &ldquo;funding secured&rdquo; to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12166002/what-wall-street-is-saying-about-musk-taking-tesla-priv">take the company private</a> at a price of $420 per share.</p> <p>In the days following Musk&rsquo;s tweet, however, Wall Street demonstrated some major skepticism about Musk&rsquo;s claims, and Tesla&rsquo;s massive hoard of short sellers appear to be dismissing them all together.</p> <h3>Short Sellers Sticking Around</h3> <p>Financial technology and analytics firm <a href="https://www.s3partners.net/">S3 Partners</a> found no evidence that Tesla shorts are exiting their positions in a meaningful way this week. According to S3 analyst Ihor Dusaniwsky, it has been business as usual for Tesla shorts.</p> <p>&ldquo;I have not seen significant short covering in Tesla since Elon ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12184287/s3-partners-tesla-shorts-havent-gone-anywhere alt=S3 Partners: Tesla Shorts Haven&#039;t Gone Anywhere>Full story available on Benzinga.com</a></p> Analyst Color Elon Musk Ihor Dusaniwsky S3 Partners TSLA Short Ideas Top Stories Exclusives Trading Ideas Interview TSLA US88160R1014 Analyst Color Short Ideas Top Stories Exclusives Trading Ideas Interview Benzinga Sat, 11 Aug 2018 18:01:02 +0000 Wayne Duggan 12184287 at https://www.benzinga.com This Week In Cryptocurrency: SEC Shuns Bitcoin ETF, Overstock Gets Massive Investment https://www.benzinga.com/markets/cryptocurrency/18/08/12186530/this-week-in-cryptocurrency-sec-shuns-bitcoin-etf-overstock-ge <p>The cryptocurrency market finished another difficult week on a low note on Friday, with most major currencies trading down more than 2 percent on the day. Here&rsquo;s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move.</p> <h3>Headlines</h3> <p><a href="https://www.cnbc.com/2018/08/09/overstock-shares-jump-after-investment-in-blockchain-subsidiary.html">On Friday</a>, <strong>Overstock.com Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ostk#NASDAQ">OSTK</a>) skyrocketed 18 percent after the company reported that Hong Kong private equity firm GSR Capital invested up to $270 million in the company&rsquo;s blockchain subsidiary tZero and will purchase $30 million of Overstock&rsquo;s tZero security tokens. The investment gives GSR Capital an 18 percent ownership stake in tZero and values the business at $1.5 billion.</p> <p><a href="https://www.cnbc.com/2018/08/08/bitcoin-price-falls-after-sec-postpones-key-etf-decision.html">On Wednesday</a>, cryptocurrency markets ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/18/08/12186530/this-week-in-cryptocurrency-sec-shuns-bitcoin-etf-overstock-ge alt=This Week In Cryptocurrency: SEC Shuns Bitcoin ETF, Overstock Gets Massive Investment>Full story available on Benzinga.com</a></p> Bitcoin Blockchain Cryptocurrency GBTC News OSTK this week in cryptocurrency tZERO Top Stories After-Hours Center Markets OSTK US6903701018 GBTC News Cryptocurrency Top Stories After-Hours Center Markets Benzinga Fri, 10 Aug 2018 20:16:29 +0000 Wayne Duggan 12186530 at https://www.benzinga.com Should Investors Buy The Dip In Dropbox? 4 Analysts Weigh In https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12184014/should-investors-buy-the-dip-in-dropbox-4-analysts-weig <p><strong>Dropbox Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbx#NASDAQ">DBX</a>) shares moved lower in reaction to&nbsp;<a href="https://www.cnbc.com/2018/08/09/dropboxearnings-q2-2018-coo-dennis-woodside-stepping-down.html">second-quarter results</a> that came in better-than-expected but were accompanied by an announcement of Chief Operating Officer Dennis Woodside&#39;s departure.&nbsp;&nbsp;Should investors take&nbsp;advantage of the dip? Four street analysts gave their take after the print.&nbsp;</p> <h3>The Analysts</h3> <ul> <li>Macquarie Capital Markets&#39; Sarah Hindlian maintained&nbsp;an Outperform on <a href="https://www.benzinga.com/stock/dbx">Dropbox&#39;s stock</a> with a price target lifted from $36 to $38.</li> <li>Canaccord Genuity&#39;s Richard Davis maintained&nbsp;a&nbsp;Buy with a&nbsp;price target lifted from $36 to $38.</li> <li>RBC Capital Markets&#39; Mark Mahaney upgraded the stock&nbsp;from Sector Perform to Outperform with a price target lifted from $34 to $36.</li> <li>DA Davidson&#39;s Rishi Jaluria maintained a Buy with an unchanged $36 price target.&nbsp;&nbsp;</li> </ul> <h3>Macquarie Sees&nbsp;Solid Results</h3> <p>Dropbox&#39;s &quot;solid&quot; <a href="https://www.benzinga.com/pressreleases/18/08/b12177954/dropbox-announces-fiscal-2018-second-quarter-results">earnings report</a>&nbsp;was highlighted by multiple encouraging metrics, Hindlian said in a note. They include:</p> <ul> <li>27.2-percent year-over-year revenue growth to $339.2 million.</li> <li>Better-than-expected revenue from paid subscribers that&nbsp;grew 19 percent to 11.9 million.</li> <li>Notable upside to average revenue per user at $116.70 versus expectations of $113.10.</li> <li>Gross margin upside in the quarter from unit cost efficiency gains.</li> </ul> <h3>Canaccord: Overreaction In Stock Move&nbsp;</h3> <p>Dropbox delivered ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/08/12184014/should-investors-buy-the-dip-in-dropbox-4-analysts-weig alt=Should Investors Buy The Dip In Dropbox? 4 Analysts Weigh In>Full story available on Benzinga.com</a></p> Analyst Color Canaccord Genuity cloud DA Davidson DBX Earnings Internet Macquarie Capital Markets Mark Mahaney News RBC Capital Markets Richard Davis Rishi Jaluria SAAS Sarah Hindlian Upgrades Price Target Reiteration Top Stories Analyst Ratings DBX News Analyst Color Earnings Upgrades Price Target Reiteration Top Stories Analyst Ratings Benzinga Fri, 10 Aug 2018 19:48:23 +0000 Jayson Derrick 12184014 at https://www.benzinga.com