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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 5:49pm | 1938Read More...Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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Edward Jones Initiates Coverage On Tesla: 'EV Leader, But Competition Increasing'
Wednesday, January 13, 2021 - 1:26pm | 395Read More...Another Wall Street analyst has initiated coverage of Tesla Inc (NASDAQ: TSLA) on Wednesday. Like many other analysts and investors, he doesn’t quite know what to make of Tesla at its current valuation. The Tesla Analyst: Edward Jones analyst Jeff Windau initiated coverage of Tesla with a...
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Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 'A Much Stronger Company'
Thursday, September 10, 2020 - 11:01am | 240Read More...Although the pandemic has adversely impacted food distributor Sysco Corporation’s (NYSE: SYY) business, the recent pressure on its shares presents a buying opportunity, according to Edward Jones. The Sysco Analyst: John Boylan upgraded Sysco from Hold to Buy. The Sysco Thesis: While the...
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Analyst: Vodafone Weakness Likely Tied To Corbyn's Proposal To Nationalize Broadband Service
Friday, November 15, 2019 - 2:21pm | 552Read More...Jeremy Corbyn, leader of the U.K.'s Labour Party, plans to nationalize British Telecom's Openreach broadband network and provide free internet if the party wins power. The proposal is impacting shares of Vodafone (NASDAQ: VOD), according to an Edward Jones analyst. The...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 10:44am | 641Read More...For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 1:25pm | 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 - 10:12am | 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 - 1:54pm | 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 - 2:11pm | 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 - 11:15am | 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 - 10:36am | 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 - 1:43pm | 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 - 10:58am | 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 - 9:46am | 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 - 7:59am | 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.
