JP Morgan

The outlook for dry bulk carriers appears strong, with a cycle peak expected later this year or in early 2019, according to JPMorgan.  The Analyst JP Morgan analyst Noah Parquette downgraded shares of Diana Shipping Inc. (NYSE: DSX) and Navios Maritime Partners L.P. (NYSE: NMM) from...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. A report on nonfarm payrolls and unemployment rate for the latest week, data on international trade for November and factory orders for November will be released at 8:30 a.m. ET. The ISM non-manufacturing index for December...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average climbed 83 points to 24,880.00, while the Standard & Poor’s 500 index futures rose 11.75 points to 2,697.50. Futures for the Nasdaq 100 index gained 20.25 points to 6,...

JPMorgan handed Anheuser Busch Inbev NV (ADR) (NYSE: BUD) a downgrade, concluding that the era of above-average growth for AB Inbev is fading.  The Analyst JPMorgan analyst Komal Dhillon downgraded her ratings on the shares of AB Inbev from Neutral to Underweight, with the price target for...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on initial jobless claims for the latest week and consumer spending for October will be released at 8:30 a.m. ET. The Chicago PMI for November is schedule for release at 9:45 a.m. ET. Cleveland Federal Reserve Bank...

Palo Alto Networks Inc (NYSE: PANW) investors are used to turbulence in 2017, and they got even more of it Tuesday after the company impressed Wall Street with its first quarter earnings report.  A number of analysts have weighed in on Palo Alto following an EPS and sales beat. Here...

Venezuelan sovereign bonds have been among the world's most volatile. On Wednesday, the South American country unveiled a debt restructuring deal with Russia and, separately, earned words of encouragement from another major creditor: China. Earlier this week, S&P Global Ratings said...

Macro and micro headwinds facing Boot Barn Holdings Inc (NYSE: BOOT) could turn to tailwinds, according to JP Morgan.  The Analyst  JP Morgan analyst Matthew Boss upgraded shares of Boot Barn from Neutral to Overweight and increased the price target for the shares from $9 to $17,...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. Futures for the Dow Jones Industrial Average declined 45 points to 23,337.00, while the Standard & Poor’s 500 index futures slipped 3.50 points to 2,576.00. Futures for the Nasdaq 100 index fell 5.75 points to 6,...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. Facebook Inc (NASDAQ: FB), QUALCOMM, Inc. (NASDAQ: QCOM) and Tesla Inc (NASDAQ: TSLA) will release earnings after the closing bell. Data on motor vehicle sales for October will be released today. The ADP national...

If there is one thing the market is learning in 2017, it's that no one in retail is safe from Amazon.com, Inc. (NASDAQ: AMZN)’s onslaught. The office products category is no different, declining at a low- to mid-single-digit pace since 2010. “We expect this to continue as trends of...

Chipotle Mexican Grill, Inc. (NYSE: CMG) third-quarter earnings and revenues were a miss, and the stock is down a steep 15.05 percent at $275.50. That's a near five-year low for the fast casual chain.  Chipotle stock was down a steep 15.05 percent to $275.50, sinking to a near 5-year...

Analyzing the possibility of PTC Therapeutics, Inc. (NASDAQ: PTCT) receiving a complete response letter for its non-sense mutation Duchenne Muscular Dystrophy candidate Translarna, JPMorgan downgraded shares of the company. Taking out U.S. Translarna from its model, which would eliminate $200...

JPMorgan said in a note it views the ongoing legal battle between payors, dialysis providers and the American Kidney Fund as a major overhang for Davita Inc (NYSE: DVA) shares. As such, the firm downgraded shares of DaVita from Neutral to Underweight and lowered its price target from $66 to $51....

Torn between Cree, Inc. (NASDAQ: CREE)'s long-term hope and near-term problems, JPMorgan downgraded shares of the company. The rating on the shares now goes from Neutral to Underweight, while the price target was bumped up from $23 to $28. The Hope Trade Analysts Paul Coster, Paul Chung and...