Potlatch, Deltic Timber to combine in all-stock transaction
Potlatch Corporation (PCH) and Deltic Timber Corporation (DEL) announced that they have entered into a definitive agreement to combine in an all-stock transaction. The combined...
Author : The Fly
Nvidia price target raised to $230 from $180 at Jefferies
Jefferies analyst Mark Lipacis raised his price target for Nvidia shares to $230, which reflects a 29 times multiple to his three-year earnings per share...
General Electric downgraded to Neutral from Buy at UBS
UBS analyst Christopher Belfiore downgraded General Electric to Neutral and cut his price target for the shares to $24 from $31 following Friday's "disappointing" Q3...
Cisco close to deal to buy BroadSoft for nearly $2B, Reuters reports
Cisco (CSCO) is close to a deal to buy BroadSoft (BSFT) for almost $2B, Reuters reports, citing a person familiar with the matter. The deal...
Catch up on the weekend’s top five stories with this list compiled by The Fly:
1. Tesla has reached an agreement with Shanghai government to set up a manufacturing facility in the city, according to The Wall Street Journal, citing...
Week in review: How Trump’s policies moved stocks
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President...
DBV sinks following peanut allergy trial miss, Aimmune soars
Shares of DBV Technologies (DBVT) are sinking after the company announced that its Phase III study in peanut allergic patients ages four to 11 years...
Box Office Battle: Disaster movie ‘Geostorm’ to be box-office disaster?
This weekend will see the Halloween holiday-timed release of Lionsgate (LGF.A, LGF.B) comedy "Tyler Perry's Boo 2! A Madea Halloween," which is opening at 2,388...
Cleveland-Cliffs drops after seeing ‘softer Q4’ amid volume cuts, higher costs
Shares of iron ore miner Cleveland-Cliffs (CLF) are falling after reporting third quarter earnings per share of 18c, widely missing analyst expectations of 32c per...
GE shocks with ‘unacceptable’ results, guidance cut
Shares of General Electric (GE) are falling sharply in early trading after the company reported quarterly profit that missed consensus estimates by 20c per share....