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  • 11/19/2017 12:17:45

    Saudi state budget deficit shrinks nearly 10 pct in third quarter

    DUBAI, Nov 19 (Reuters) - Saudi Arabia's state budget deficit shrank nearly 10 percent from a year earlier in the third quarter of 2017, keeping the government on track to meet its full-year target for strengthening its finances, official data showed on Sunday.

  • 11/19/2017 11:04:36

    UPDATE 1-Natixis ups dividend payout target in new three-year plan

    * To take part in asset management industry consolidation (Update with details, CEO comment)

  • 11/17/2017 09:05:21

    What stores open on Thanksgiving day? Walmart, Target among those open before Black Friday

    Big-box stores like Best Buy, Wal-Mart, and Big Lots are opening their doors to the masses on Thanksgiving, according to BestBlackFriday.com.        

  • 11/16/2017 16:19:32

    Nvidia price target boosted again at RBC

    Nvidia Corp. shares rose slightly in late trading Thursday after RBC Capital Markets analyst Mitch Steves boosted his price target on the stock. Steves moved his price target to $250 from $240 and maintained an outperform rating on the stock in a note delivered shortly after the end of Thursday's trading, explaining that the chip maker's recent earnings beat dramatically increased his best-case scenario for the stock. "Overall, after a single quarter of out-performance the 2020 upside case increases by 10%," Steves wrote. The RBC analyst had already raised his price target to $240 from $230 in the wake of Nvidia's third-quarter earnings report, along with a host of other analysts who helped push Nvidia stock to record levels. Nvidia shares gained about 0.5% in late trading after closing with a 0.8% gain at $211.61; the stock is up more than 98% so far this year, as the S&P 500 index has gained 15.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/16/2017 16:00:22

    BRIEF-Summit Industrial Income REIT to acquire four properties well-diversified in target markets

    * Summit Industrial Income REIT to acquire four properties well-diversified in target markets

  • 11/16/2017 07:45:11

    NetApp shares rocket 15%, as analysts applaud strong earnings

    NetApp Inc. shares rocketed 15% out of the gate Thursday, as analysts applauded better-than-expected fiscal second-quarter earnings. D.A. Davidson analyst Mark Kelleher said the company has executed a 'significant company realignment' in the last two years as it moved into the Flash storage system market. "Strategic (growth) products continue to provide a strong revenue tailwind, while the headwind of Mature products is moderating," Kelleher wrote in a note. "We continue to believe NTAP offers an attractive value investment opportunity. The company has a rejuvenated product line that now spans many new markets (including Cloud and Flash); it has strong cash flow, and a commitment to its stock buyback program." Kelleher reiterated his buy rating on the stock and raised his price target to $56 from $53. Raymond James analyst Simon Leopold stuck with a market perform rating on the stock, but said the strong guidance was encouraging, as he had been cautious given strong comparisons starting in the January quarter. "We are incrementally positive around stable single digit y/y percentage growth, but continue to be cautious given the tough competitive environment, headwinds from ongoing cloud migrations, and late entry to the hyperconverged space," he wrote. Shares have gained 50% in 2017, while the S&P 500 has gained about 15%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/16/2017 07:05:36

    Top Analyst Upgrades and Downgrades: Cisco, Dollar General, NetApp, Pandora, P&G, Target and More


  • 11/15/2017 14:47:03

    UPDATE 1-Australia's Santos target of proposed investor takeover bid-report

    SYDNEY, Nov 16 (Reuters) - A consortium of global energy investors has approached Australian oil and gas major Santos Ltd with a proposal for an all-cash takeover worth A$11 billion ($8.34 billion), media reported on Thursday.

  • 11/15/2017 13:31:38

    Australia's Santos target of proposed investor takeover bid-report

    SYDNEY, Nov 16 (Reuters) - A consortium of global energy investors has approached Australian oil and gas major Santos Ltd with a proposal for an all-cash takeover worth A$11 billion ($8.34 billion), media reported on Thursday.

  • 11/15/2017 12:57:37

    Target signals another weak holiday quarter, shares tumble

    (Reuters) - Target Corp's holiday-quarter profit forecast fell short of analyst expectations, sending its shares down 10 percent on Wednesday as hopes faded that the retailer would make a shopping season comeback.

  • 11/15/2017 12:53:20

    Republicans set stage for crucial tax overhaul votes

    The Obama health care law's requirement that Americans get insurance coverage is now pinned as a target of Republican lawmakers, as they look to end the individual mandate to help pay for deep cuts in their tax legislation.

  • 11/15/2017 12:48:00

    Target shares plunge as investors panic over holiday forecast

    Target’s shares plunged on Wednesday, taking a big hit after the retailer reported its latest quarterly results with investors focusing on the company’s guidance for the holiday period.

  • 11/15/2017 11:20:11

    Boot Barn's stock jumps to 10-month high after analyst boosts rating, price target

    Shares of Boot Barn Holdings Inc. shot up 6.4% toward a 10-month high in afternoon trade Wednesday, after J.P. Morgan upgraded the western and work-related footwear and apparel retailer. The stock has now run up 48% since Boot Barn reported fiscal second-quarter profit, revenue and same-store sales that beat expectations after the Nov. 2 close. J.P. Morgan analyst Matthew Boss raised his rating to overweight, after being at neutral since April 2016, and nearly doubled his stock price target to $17 from $9. After hosting a meeting with Boot Barn management, Boss came away more confident that sales have stabilized and that e-commerce has swung to a tailwind from a headwind the past three quarters, while the balance sheet has strengthened. Boss said that suggests company has "weathered the storm" of earnings compression it has suffered the past two years. He also stable-to-rising oil and gas prices suggests the economic backdrop in the key oil-and-gas states that Boot Barn operates in are improving. Despite the rally this month, the stock was still down 0.6% year to date, while the SPDR S&P Retail ETF has lost 9.1% and the S&P 500 has climbed 15%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/15/2017 10:35:00

    Richard Cordray Stepping Down As Head Of U.S. Consumer Protection Agency

    The embattled director of Consumer Financial Protection Bureau says he will resign by the end of November. Cordray was a frequent target of Republican lawmakers for his tough stance on banks

  • 11/15/2017 09:20:21

    Consumer Inflation Not Following Wholesale Inflation Above Fed’s Target Range


  • 11/15/2017 06:29:29

    Target hits its mark: sees slight uptick in sales

    Target sales rose in the last quarter        

  • 11/15/2017 05:15:49

    Target's holiday-quarter profit forecast disappoints

    Target Corp(TGT) issued an underwhelming profit forecast for the key holiday quarter, as it continues to depend on price cuts to drive traffic to its stores and websites, sending its shares down 3 percent in premarket trade.

  • 11/15/2017 03:54:09

    Services group Sodexo buys Centerplate to strengthen U.S. presence

    * Deal doubles size of Sodexo's sports and leisure business. * Says will bring modest earnings uplift from 2018. * Sodexo cut sales growth target in July. By Dominique Vidalon and Sudip Kar-Gupta.

  • 11/15/2017 01:01:00

    Fed should convince markets it would tolerate inflation at 2.5%, Evans says

    Inflation has been too low for too long and the U.S. central bank has to alter its communications with the markets to convince investors the central bank is willing to let it run hotter than the 2% target, said Charles Evans, the president of the Chicago Fed, on Wednesday. In a speech in London, Evans said the Fed must alter its statement to make clear that its inflation target of 2% is not a ceiling. "Our communications should be much clearer about our willingness to deliver on a symmetric inflation outcome, acknowledging a greater chance of inflation at 2.5% in the future than what has been communicated in the past," Evans said. Many economists and Fed officials think the low inflation seen this year is due to transitory factors. But Evans said "it gets harder and harder for me to feel comfortable" with the transitory explanation "with each low monthly reading."Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/14/2017 17:25:38

    Roku stock downgraded by analyst: 'most expensive public internet company'

    Oppenheimer analyst Jason Helfstein downgraded Roku Inc. to underperform because the stock's recent gains have made it difficult to justify the current valuation, he wrote in a Tuesday note to clients. Roku fell 13% to $36.95 during the regular session, and edged down less than 1% after hours. At its current prices, Helfstein says that Roku is the "most expensive publicly traded internet-based company on the basis of Platform revenue or Platform gross profit." Helfstein said that even though the company is a leading streaming device and software maker, and beat expectations with its third-quarter results, that does not justify that three-fold gain the stock as made since it went public at $14. Helfstein set a price target of $28. Roku shares have climbed 163% from the initial public offering price, with the S&P 500 index gaining 2.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/14/2017 07:05:25

    Cohn says he's confident House will pass tax bill this week

    Gary Cohn, the director of the White House National Economic Council, said Tuesday he's confident the House of Representatives will pass its tax-cut bill before members leave for a Thanksgiving break later this week. Speaking at a Wall Street Journal conference, Cohn also said he's assuming the Senate Finance Committee will pass its version of a tax bill this week. Cohn stuck to a year-end target for passing a tax bill, saying "We have to get taxes done this year." The administration's next priority after tax reform is an infrastructure bill, Cohn said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/14/2017 05:48:29

    Loxo, Bayer to co-develop cancer drugs in up to $1.55 bln deal

    Loxo Oncology Inc(LOXO) will collaborate with Germany's Bayer AG to develop and commercialize two of its cancer therapies, the companies said on Tuesday, in deal that could bring the U.S. drug developer up to $1.55 billion. The drugs - larotrectinib and follow-on compound LOXO-195 - are TRK inhibitors, which directly target an acquired rather than inherited genetic defect.

  • 11/12/2017 11:05:51

    Target CEO says he still sees many opportunities in retail

    Target CEO says he's optimistic about the holiday season, still sees lots of opportunities in retail

  • 11/11/2017 17:31:00

    3 Things to Watch When Target Reports Q3 2017 Results

    Store traffic, digital sales, and new exclusive brands will all feature prominently.

  • 11/10/2017 14:18:16

    Nvidia shares close at record as data center, gaming sales drive price target hikes

    Analysts hike Nvidia (NVDA) stock price targets by 13%, on average. Nvidia Corp. (NVDA) shares surged Friday, closing at a record high, after third-quarter earnings blew past Wall Street estimates and more than half of the analysts who cover the graphic processing unit maker responded by hiking their price targets on the stock. Nvidia (NVDA) shares rallied 5.3% to close at a record $216.14, after touching an all-time high of $218.67 intraday.

  • 11/10/2017 09:32:59

    Veterans are prime targets for phone scams, pitches for upfront benefits buyouts

    Operation Protect Veterans is a new campaign to warn the military about scams. Michigan's attorney general also warns of charities that target vets.        

  • 11/10/2017 00:15:41

    BRIEF-Ultra Electronics expects U.S. DOJ decision on Sparton deal by March

    Sparton Corp(SPA). * ULTRA ELECTRONICS HOLDINGS PLC(UEHPF) - ‍PROVIDES AN UPDATE ON HART-SCOTT-RODINO APPROVAL PROCESS FOR ULTRA'S PENDING ACQUISITION OF SPARTON​. * ULTRA ELECTRONICS (UEHPF) - ‍ENTERED INTO A TIMING AGREEMENT WITH US DOJ WHICH SETS TIME TARGETS FOR ULTRA'S FURTHER DOCUMENT SUBMISSION​. * ULTRA ELECTRONICS HOLDINGS PLC (UEHPF) - ‍TARGET IS TO SUBMIT ALL REQUESTED DOCUMENTATION BY 30 NOVEMBER 201...

  • 11/09/2017 22:45:21

    Peru's Congress passes law to target Odebrecht's partners

    LIMA, Nov 9 (Reuters) - Peru's opposition-ruled Congress voted 55-21 late on Thursday to pass legislation that expands a raft of new financial restrictions to the local partners of scandal-plagued Brazilian builder Odebrecht.

  • 11/09/2017 17:22:44

    Some Target fidget spinners alleged to be unsafe by consumer group

    The toys are allegedly filled with unsafe levels of lead        

  • 11/09/2017 14:32:21

    BRIEF-Park City Group reports Q1 earnings per share $0.01

    Park City Group Inc(PCYG). * Park City Group(PCYG) reports fiscal first quarter 2018 results. * Q1 gaap earnings per share $0.01. * Q1 revenue rose 12 percent to $4.7 million. * Park City Group Inc (PCYG) - ‍ reiterates fiscal 2018 revenue growth within annual target of 25% to 35%​ Source text for Eikon: Further company coverage:

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