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Momentum And Discipline: The Street Weighs In On Walmart
Friday, August 16, 2019 - 11:22am | 577Read More...Walmart Inc (NYSE: WMT) reported second-quarter results on Thursday, highlighted by strong U.S. comps and the 16th EPS beat out of the past 17 quarters. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains an Overweight rating on Walmart with a price target lifted from $125 to $128....
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'Race Against Time': Experts React To Disney's Q3
Wednesday, August 7, 2019 - 2:16pm | 705Read More...Walt Disney Co (NYSE: DIS) shares had lost more than 6% by Wednesday afternoon after the media and entertainment giant released a worse-than-expected third-quarter earnings report Tuesday. Morgan Stanley's Q3 Takeaways Disney's third-quarter showed a segment operating income miss of $3.96...
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The Street's Wide-Ranging Take On Molson Coors Earnings, CEO Change
Thursday, August 1, 2019 - 4:42pm | 604Read More...Molson Coors Brewing Co (NYSE: TAP) hit multi-year lows Wednesday after reporting second-quarter sales, gross profit and operating income below the Street's expectations. The company also unexpectedly announced Gavin Hattersley will replace Mark Hunter as CEO. Multiple Street analysts weighed...
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Analysts Dissect Reports Of Nordstrom Family's Play For Majority Stake In Retailer
Thursday, August 1, 2019 - 3:32pm | 666Read More...The Wall Street Journal reported Wednesday that the Nordstrom family is looking to gain a majority stake in Nordstrom, Inc. (NYSE: JWN), the high-end fashion retailer that bears the family's name. Here's how the Street reacted. The Analysts Credit Suisse's Michael...
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Analyst Explains Why Boeing's $4.9B Charge Announcement Is Encouraging
Friday, July 19, 2019 - 12:46pm | 612Read More...Boeing Co (NYSE: BA) announced Thursday afternoon it will take a $4.9 billion charge in second-quarter results as part of "considerations to customers for disruptions" related to the grounding of its 737 Max. Despite what appears to be a negative headline, several Street analysts...
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Streaming Services Add Up: What Happened To Cord-Cutting To Save On Cable?
Thursday, July 11, 2019 - 7:45am | 937Read More...Cord-cutting was supposed to be the cheaper, better alternative to cable and satellite TV. Why pay for endless hours of people fixing up houses, six cooking networks and minor league Italian basketball when all you really watch is "Game of Thrones" and the Steelers? Cord-cutting —...
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Bernstein Downgrades Beyond Meat Amid Growing Valuation Concerns
Wednesday, June 12, 2019 - 9:36am | 419Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) received its second analyst downgrade in as many days on Wednesday. The Analyst Bernstein's Alexia Howard downgraded Beyond Meat from Outperform to Market Perform with a price target lifted from $107 to $123. The Thesis Beyond Meat could...
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Is The End Of 'Game Of Thrones' A Problem For HBO?
Sunday, May 26, 2019 - 5:29pm | 895Read More...Is the game up on HBO now that time is up on “Game of Thrones?” Many Wall Street media watchers say HBO and its parent company AT&T Inc., (NYSE: T) are likely to weather the loss of the Sunday night viewing phenomenon just as the network did after other hits, such as when...
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JC Penney's Return To Sales Growth Remains Unclear
Wednesday, May 22, 2019 - 12:51pm | 515Read More...Shares of J C Penney Company Inc (NYSE: JCP) continued to slump Wednesday after reporting bigger losses than expected and projecting more losses for the rest of the year, keeping sell-side analysts bearish on its prospects, with one analyst even suggesting the shopping mall mainstay is a candidate...
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Nvidia Analysts Sold On Long-Term Story, But Cautious On Data Center Weakness, Competition
Friday, May 17, 2019 - 11:01am | 1138Read More...NVIDIA Corporation (NASDAQ: NVDA) came back strongly with its first-quarter report Thursday, with an earnings beat and revenues that slightly exceeded expectations. The Analysts Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Nividia and lowered the...
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Wall Street Weighs In On Apple's Trade War Risk
Wednesday, May 15, 2019 - 1:50pm | 589Read More...Apple, Inc. (NASDAQ: AAPL) stock is down 6.2 percent in the past five trading sessions as investors become increasingly concerned the tech giant could get caught in the crosshairs of the escalating trade war between the U.S. and China. Not only does Apple assemble its iPhones in China, it also...
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Analysts Discuss Disney Assuming Complete Control Of Hulu
Wednesday, May 15, 2019 - 9:48am | 428Read More...Walt Disney Co (NYSE: DIS) on Tuesday assumed full control of Hulu and will buy Comcast Corporation (NASDAQ: CMCSA)'s 33-percent stake within five years. Guggenheim: Comcast's 'Balancing Act' Comcast's deal with Disney is akin to a "balancing act" as the company is...
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Citigroup Analyst Says Digital Push Should Lift Operating Profit
Tuesday, May 14, 2019 - 3:20pm | 386Read More...Citigroup Inc (NYSE: C) is betting big the future of banking is digital, and consumers appear to agree with the strategy, according to The Wall Street Journal. Citigroup is shrinking its physical footprint and focusing on offering a complete digital banking experience, WSJ said. The focus...
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Booking Holdings Posts Q1 Earnings Miss: The Sell-Side Reaction
Monday, May 13, 2019 - 10:31am | 523Read More...Booking Holdings Inc (NASDAQ: BKNG) reported first-quarter adjusted earnings per share of $11.17 Thursday, missing the $11.26 consensus estimate. Here's how three analysts who watch the stock reacted. Mizuho Booking Holdings reported a good quarter, but the second-quarter room night...
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Wall Street Encouraged By Disney's Theme Park Growth, 'Avengers' Success
Thursday, May 9, 2019 - 1:00pm | 680Read More...Walt Disney Co (NYSE: DIS) reported a second-quarter bottom line that beat consensus estimates but declined 12 percent from the previous year. “GAAP earnings were impacted by a number of significant items, including a gain on Hulu, severance costs, and the amortization of both acquired...
















