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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 2:25pm | 625Read More...Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting. BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...
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JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In
Monday, April 15, 2019 - 11:12am | 859Read More...Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...
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Is Nike A Victim Of Its Own Success?
Friday, March 22, 2019 - 2:54pm | 813Read More...Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...
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Target Falls After Q3 Print: Should Investors Buy The Dip?
Wednesday, November 21, 2018 - 3:11pm | 662Read More...Target Corporation (NYSE: TGT) reported Tuesday with third-quarter results that disappointed investors and sent the stock tumbling. Now that shares are on track for their roughest patch since the financial crisis, should investors be concerned about more downside ahead or buy the dip...
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Analysts Cautious On Kohl's Despite Marketing, Holiday Push
Wednesday, November 21, 2018 - 12:15pm | 593Read More...Kohl’s Corporation (NYSE: KSS)’s Monday earnings beat had little effect on the stock, and analysts are weighing whether the retailer merits a price bump or a plunge. The Analysts Edward Jones analyst Brian Yarbrough maintained a Hold rating on Kohl's with a $71 price target....
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Analysts React To Target's Q2: 'This Is As Good As It Is Going To Get'
Wednesday, August 22, 2018 - 11:36am | 567Read More...Retailer Target Corporation (NYSE: TGT) reported a top-and-bottom-line second-quarter earnings beat Wednesday morning. Here's a roundup of some of the Street's initial commentary. The Analysts Edward Jones' Brian Yarbrough maintained a Hold rating on Target with an...
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JPMorgan And GE's Business Relationship Is More Than 100 Years Old
Friday, April 7, 2017 - 2:43pm | 398Read More...JPMorgan Chase & Co. (NYSE: JPM)'s relationship with General Electric Company (NYSE: GE) dates back to last century. According to a Bloomberg report, General Electric has been a client of JPMorgan for 125 years. Way back in 1892, JPMorgan, known as John Pierpont Morgan's Drexel Morgan & Co...
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Is Buffett Being 'Greedy When Others Are Fearful' By Seeking To Buy More Wells Fargo?
Wednesday, July 6, 2016 - 11:58am | 400Read More...Warren Buffett has many investment philosophies, but there is one particular saying that should stand out in the current market environment: "Be fearful when others are greedy and greedy when others are fearful." Banking stocks have been hard hit as of late, especially following the Brexit vote,...
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Rales Brothers Hoping For Repeat Of Danaher's M&A-Driven Success Story
Wednesday, July 6, 2016 - 10:46am | 306Read More...Steven and Mitchell Rales are hoping they will be able to repeat history following this week’s spinoff of Fortive Group (NYSE: FTV) from Danaher Corporation (NYSE: DHR). The brothers have built Danaher into a $43-billion-success story by taking an aggressive approach to M&A. Danaher has...
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Edward Jones Downgrades ConocoPhillips To Hold
Wednesday, April 22, 2015 - 8:59am | 49Read More...Edward Jones downgraded ConocoPhillips (NYSE: COP) from Buy to Hold. ConocoPhillips shares have dropped 8.29 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period. ConocoPhillips' shares fell 0.88 percent to $67.42 in pre-market trading.
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Edward Jones Downgrades Transocean To Sell
Wednesday, April 22, 2015 - 8:48am | 52Read More...Analysts at Edward Jones downgraded Transocean LTD (NYSE: RIG) from Hold to Sell. Transocean shares have dropped 58.51 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period. Transocean shares declined 0.29 percent to $16.98 in pre-market trading.
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Edward Jones Analyst On Kraft-Heinz Merger: 'A Cost Savings Story'
Wednesday, March 25, 2015 - 3:20pm | 305Read More...Speaking to Benzinga, Edward Jones Analyst Brian Yarbrough discussed the Kraft Foods Group Inc (NASDAQ: KRFT) merger with H. J. Heinz Company. Yarbrough felt that a food industry merger was expected following the acquisition of H. J. Heinz Company by Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...
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Edward Jones Initiates Actavis At Buy
Friday, March 6, 2015 - 9:00am | 52Read More...Analysts at Edward Jones initiated coverage on Actavis plc(NYSE: ACT) with a Buy rating. Actavis shares have climbed 38.71% over the past 52 weeks, while the S&P 500 index has gained 11.87% in the same period. Actavis' shares fell 0.15% to close at $295.70 on Friday.
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Dollar General Opens Sharply Lower; Deal Seen As Less Likely
Monday, June 30, 2014 - 10:15am | 197Read More...Dollar General (NYSE: DG) opened sharply lower Monday as analysts suggested a quick merger is unlikely. Dollar General said Friday that Chief Executive Rick Dreiling will retire by May 2015, and Wall Street figures that means nothing will happen soon regarding a hyped merger with Family Dollar...
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Will Publix Try To Acquire Whole Foods?
Tuesday, June 10, 2014 - 12:23pm | 586Read More...A strange, but persistent rumor began last week that privately held Publix Super Markets plans to acquire publicly traded Whole Foods (NASDAQ: WFM). The rumor arose from a report on financial website, Briefing.com, that described “chatter” suggesting Publix was interested in buying...
