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Federal IT Stocks Benefit 'Significantly' From Tax Cut, Says Loop Capital Markets
Wednesday, December 27, 2017 - 11:24am | 562Read More...After President Donald Trump's signing of a $1.5-trillion tax bill that cuts the corporate rate to 21 percent, Loop Capital Markets analyzed the legislation's effect on the IT sector. The Analyst Federal IT services players could benefit from the changes enacted to corporate taxes...
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The 2018 Tailwinds That Keep One Analyst Bullish On Apple
Friday, December 22, 2017 - 10:11am | 371Read More...2017 proved to be a good year for Apple Inc. (NASDAQ: AAPL) investors. The stock gained 50 percent and continues to flirt with its all-time high of $177.20. One Wall Street analyst expects nothing but further upside in the stock in 2018. The Analyst Loop Capital Markets' Ananda Baruah...
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Bed Bath & Beyond Shares Down, Analysts Chilly After Q3 Report
Thursday, December 21, 2017 - 4:26pm | 751Read More...Shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) lost more than 10 percent Thursday morning after the company reported a top- and bottom-line third-quarter beat — but some analysts found plenty of reason to be concerned beyond the headline numbers. Wedbush: Ability To Compete...
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Analyst: Astute Investors Will Take Profits In 21st Century Fox Now
Thursday, December 21, 2017 - 12:28pm | 404Read More...The long-struggling Twenty-First Century Fox Inc (NASDAQ: FOXA) had hoped to stay afloat by jettisoning a good chunk of its assets to Walt Disney Co (NYSE: DIS). But it might have drawn unforeseen trouble in the process as some opportunistic traders threaten to jump ship. The Rating...
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Wall Street Gives FedEx A Passing Grade After Solid Earnings Report
Wednesday, December 20, 2017 - 5:13pm | 602Read More...FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...
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Wall Street Reacts After Micron Beats Consensus In Q1
Wednesday, December 20, 2017 - 2:06pm | 717Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) is trading up Wednesday after delivering a top- and bottom-line beat in its fiscal first quarter earnings report. Micron guided its fiscal second quarter notably above Street estimates. Here's how Wall Street reacted. Citi: Micron Has The...
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Analyst On FedEx Guidance: 'As Long As This Happens Every Quarter, We're Happy'
Wednesday, December 20, 2017 - 12:24pm | 469Read More...FedEx Corporation (NYSE: FDX) reaffirmed guidance Tuesday for $1.2 to $1.5 billion in operating income improvement in its Express division and said a U.S. tax cut could add $4.40 to $5.50 to its EPS, according to Loop Capital Markets. The Analyst Loop Capital Markets' Rick...
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Analysts Look For Value In Dollar General After Q3 Report
Wednesday, December 13, 2017 - 10:45am | 791Read More...Dollar General Corp. (NYSE: DG) reported mixed earnings before the open Dec. 7, with same-store sales exceeding expectations but a decrease in net income. Here's how Wall Street reacted: Morgan Stanley: Growth Continues Morgan Stanley's Vincent Sinisi reiterated an...
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Texas Theater Chain Studio Movie Grill Credits MoviePass For Keeping Attendance Up
Thursday, December 7, 2017 - 5:06pm | 456Read More...Helios and Matheson Analytics Inc (NASDAQ: HMNY)’s MoviePass caught an endorsement from a national theater chain Thursday. Studio Movie Grill attributed recent comps growth and rises in off-peak and smaller-film attendance in part to MoviePass, with whom it developed a strategic relationship...
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Netflix Looks To Keep Its 'Crown' As King Of Content
Wednesday, December 6, 2017 - 6:14pm | 391Read More...Netflix, Inc. (NASDAQ: NFLX) is likely to benefit from the debut of the long-awaited second season of "The Crown" Friday, staying on track to retain its leadership position this weekend, Loop Capital Markets said in a Tuesday note. The Analyst Loop Capital Markets analyst...
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Wall Street Breaks Down A Record-Setting Cyber Monday
Tuesday, November 28, 2017 - 11:48am | 614Read More...Retail returns to work today fat, happy and ready for a two-week nap after binging on your bank account over the Thanksgiving weekend. By Adobe Analytics’ latest projections, Americans were on pace to strike $6.59 billion in Cyber Monday spending — a 16.8-percent increase over 2016 that...
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Norfolk Southern's Operations Derailed, Analyst Downgrades To Sell
Monday, November 27, 2017 - 11:21am | 413Read More...Railroad operator Norfolk Southern Corp. (NYSE: NSC) seems to be floundering on the operational front, if views from Loop Capital Markets is anything to go by. The Analyst Loop Capital Markets analyst Rick Paterson downgraded Norfolk Southern from Hold to Sell and lowered his price target from...
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2 Takes On GameStop's Better-Than-Anticipated Q3
Wednesday, November 22, 2017 - 4:32pm | 507Read More...GameStop Corp. (NYSE: GME) reported its third quarter results that were better than expected but don't fully erase Wall Street's concerns moving forward. The Analysts Bank of America's Curtis Nagle maintains a Neutral rating on GameStop's stock with a price target raised from $20...
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HP's Q3 Print Has One Analyst Seeing 18% Upside
Wednesday, November 22, 2017 - 10:01am | 418Read More...HP Inc (NYSE: HPQ) reported fiscal fourth quarter earnings Tuesday that matched analyst expectations on the EPS line, but came in better than expected on the revenue line. The Analyst Loop Capital Markets' Ananda Baruah maintains a Buy rating on HP's stock with an unchanged $25 price...
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Analyst: Disney Could Trade Range-Bound After Q4 Report
Wednesday, November 15, 2017 - 12:36pm | 427Read More...Walt Disney Co (NYSE: DIS) reported fiscal fourth quarter earnings last week, which included a key update on the pricing for the Mouse's streaming video platform, scheduled to enter the market in 2019. The Analyst Loop Capital Markets' David Miller maintains a Hold rating on Disney's...
















