Why Higher Guidance From Seagate Is Bad for the Shares
Seagate Technology has raised guidance and cited stronger demand than expected for the high-capacity enterprise hard disk drives.
Seagate Technology has raised guidance and cited stronger demand than expected for the high-capacity enterprise hard disk drives.
top analyst upgrades, downgrades and initiations seen on Tuesday morning include Caterpillar, Illumina, Nike, Seagate Technology, Twitter, Tyson Foods and Western Digital.
Noble Midstream Partners L.P. (NYSE: NBLX) has received mostly positive analyst coverage upon the expiration of its quiet period. This is not unusual to see more Buy or Outperform rating after an initial public…
Goldman Sachs sees upside after Molson Coors Brewing takes full control over the MillerCoors operation. Merrill Lynch also likes the pending acquisition of the outstanding stake of the joint venture.
Several analysts have weighed in with higher price targets on top of their ratings for Tesaro. Its shares hit a new 52-week high on Monday.
Wells Fargo raised its rating in Under Armour to Outperform from Market Perform on Monday and raised its valuation range as well.
The Conference Board Employment Trends Index rose in September, versus a slight decline in the month of August
The top analyst upgrades, downgrades and initiations seen on Monday morning include Arch Coal, Dow Chemical, Netflix, Mylan, Under Armour and United Technologies.
Sometimes it is best to reflect on economic numbers a couple of days after the fact. Friday’s unemployment and payrolls report from the Department of Labor showed that nonfarm payrolls rose by 156,000 in September. Some…
Some analyst research reports cover stocks to buy, and some reports feature stocks to sell or to avoid. It is this latter category that can freak investors out.
In the week of October 7, there were multiple analyst calls for stocks to buy that were trading under $10 per share, including Petrobras and Brocade Communications.
The Bureau of Labor Statistics reported that the unemployment rate ticked up in September due to a rise in workers and the size of the labor force.
The top analyst upgrades, downgrades and initiations seen on Friday morning include Advanced Micro Devices, Cliffs Natural Resources, Gap, KLA-Tencor, Regions Financial, Tyson Foods and Wal-Mart.
24/7 Wall St. cannot help but wonder if Honeywell may have just inadvertently wrecked the story for many industrial and conglomerate outfits after lowering guidance.
This week’s economic news is likely to turn toward Hurricane Matthew on Friday, but the broader economic reading on the Employment Situation from the Department of Labor is going to likely be the main…
The eastern coast of Florida is braced for its worst hurricane in years. Hurricane Matthew has strengthened into a category 4 storm, a major hurricane with winds up to 140 miles per hour. After Florida gets…
When investors hear about investing and psychology in the same sentence, they might want to pay close attention. Something really good or really bad might be about to happen. So, have you heard the term behavioral…
American Express Co. (NYSE: AXP) may still have Warren Buffett as a massive and long-term shareholder, but the news flow just has not been favorable for the credit card issuer. Things might be getting…
The inverse relationship between prices and yields translates to one serious issue for bond holders: the value of those bonds they bought before recent days is dropping as yields rise.
A fresh report from the Freelancers Union now shows that nearly 55 million Americans are freelancing. If you tally this up against Labor Department data, it means more than a third of the work…