May 27, 2022

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3 New Articles
  • 53 mins ago Needham upgrades Boston Scientific to buy, says company can fend off competition
  • 2 hours ago Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery
  • 3 hours ago Credit Suisse downgrades Citi to neutral, says the bank has limited upside
Home Tag Archives: Markets

Tag Archives: Markets

Business

Needham upgrades Boston Scientific to buy, says company can fend off competition

By The Texas Chronicle
53 mins ago
in :  Business
0
0

Boston Scientific has strong prospects across the board, including in an area where a rival is trying to take market share, according to Needham. Analyst Mike Matson upgraded Boston Scientific to buy from hold, saying in a note to clients that a medical device produced by the company should remain a strong seller despite new competition from Abbott Laboratories . …

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Business

Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery

By The Texas Chronicle
2 hours ago
in :  Business
0
1

A strong quarterly report is the start of a solid recovery for Ulta Beaty , according to investment firm Jefferies. On Thursday, Ulta blew away estimates for the first quarter, generating $6.30 in adjusted earnings per share on $2.35 billion of revenue. Analysts surveyed by Refinitiv were expecting $4.46 in earnings per share on $2.12 billion of revenue. The company’s …

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Business

Credit Suisse downgrades Citi to neutral, says the bank has limited upside

By The Texas Chronicle
3 hours ago
in :  Business
0
1

Citigroup ‘s stock may struggle to break out until the bank completes its transformation under new CEO Jane Fraser, according to Credit Suisse. Analyst Susan Roth Katzke downgraded the bank to neutral from outperform, saying in a note to clients on Friday that there were better options for investors. “We realize that the downside to C shares may prove more …

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Business

Cryptocurrency firms hope bear market will remove bad players

By The Texas Chronicle
5 hours ago
in :  Business
0
2

Executives from the blockchain and cryptocurrency industry told CNBC that the recent crash in the digital coin market should help get rid of “bad actors” in the space. Billions of dollars of value has been wiped off the cryptocurrency market in the last few weeks driven by a sell-off in stocks and the collapse of algorithmic stablecoin terraUSD and its …

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Business

Alibaba announces fourth quarter earnings

By The Texas Chronicle
13 hours ago
in :  Business
0
2

SINGAPORE — Shares in Asia-Pacific rose in Friday morning trade, with investors monitoring shares of Alibaba in Hong Kong after the Chinese tech giant posted better-than-expected fourth-quarter earnings on Thursday. The Nikkei 225 in Japan gained 1.41% as shares of conglomerate SoftBank Group surged 5%. The Topix index advanced 1.08%. South Korea’s Kospi also jumped 1.22%. In Australia, the S&P/ASX …

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Business

Stock futures dip slightly with S&P 500 on track for winning week

By The Texas Chronicle
15 hours ago
in :  Business
0
3

Traders on the floor of the NYSE, May 17, 2022. Source: NYSE Stock futures dipped in overnight trading as the S&P 500 attempted to snap a seven-week losing streak. Futures on the Dow Jones Industrial Average shed about 60 points, or 0.2%. S&P 500 futures eased 0.2% and Nasdaq 100 futures ticked down 0.1%. Retail corporate earnings continued after the …

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Business

Best trades on CNBC Thursday: Pros on retail, Nvidia earnings and their new buys this week

By The Texas Chronicle
15 hours ago
in :  Business
0
4

A recap of Thursday's best stock picks on CNBC. Source link

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Business

Ulta, Gap, Dell and more

By The Texas Chronicle
16 hours ago
in :  Business
0
1

Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Ulta Beauty — Shares surged more than 6% after hours as the beauty retailer’s quarterly report beat Wall Street estimates on the top and bottom lines. Ulta Beauty posted adjusted first-quarter earnings of $6.30 per share on revenue of $2.346 billion. Analysts had expected a …

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Business

Earnings reports are causing big moves for stocks. Here’s a way to play them with options

By The Texas Chronicle
18 hours ago
in :  Business
0
5

A volatile earnings season is winding down, but there are still a few opportunities for investors to take advantage of big earnings-driven moves, according to Goldman Sachs. Retailers have seen big hits, with names like Walmart and Target experiencing some of their biggest one-day drops on record. On the other side, shares of Toll Brothers popped nearly 8% on Wednesday …

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Business

Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon

By The Texas Chronicle
1 day ago
in :  Business
0
6

Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Wednesday night that reports of iPhone 14 delays are overblown. “Our supply chain checks don’t indicate delays, and looking at past flagship iPhone launches, there’s minimal impact to FY shipments or AAPL stock performance when a model launch is delayed.” …

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Needham upgrades Boston Scientific to buy, says company can fend off competition

The Texas Chronicle
53 mins ago

Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery

The Texas Chronicle
2 hours ago

Credit Suisse downgrades Citi to neutral, says the bank has limited upside

The Texas Chronicle
3 hours ago
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  • 53 mins ago

    Needham upgrades Boston Scientific to buy, says company can fend off competition

  • 2 hours ago

    Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery

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