Seattle Genetics upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Geoff Meacham upgraded Seattle Genetics to Overweight and raised his price target for the shares to $70 from $60. The biotechnology company closed...
Author : The Fly
On The Fly: What to watch in General Electric earnings report
General Electric Company (GE) is scheduled to report results of its third fiscal quarter before the market opens on Friday, October 20, with a conference...
United drops as CEO acknowledges need to dig out of competitive ‘hole’
Shares of United Continental (UAL) fell sharply in afternoon trading after fourth quarter guidance disappointed investors. On an earnings call discussing the current quarter and...
Tesla, Vestas partnering on $160M Australian renewable energy project
Australia's international wind energy company Windlab Limited will begin construction of the $160M Kennedy Energy Park hybrid renewable energy project, after securing financing from the...
On The Fly: Top stock stories at midday
Stocks opened in negative territory and have remained there throughout the morning. Political concerns in Spain and worries about weakening growth in China were attributed...
On The Fly: What to watch in PayPal earnings report
PayPal (PYPL) is scheduled to report results of its third fiscal quarter after market close on October 19, with a conference call scheduled for 5:00...
Goldman Sachs cuts Nike rating ahead of investor day on excess inventory
This morning, Goldman Sachs analyst Lindsay Drucker Mann downgraded Nike to Neutral as she expects shares to trade in a range as the company works...
Drexel Hamilton ‘aggressive buyers’ of Apple on order cut report weakness
Drexel Hamilton analyst Brian White said he would be an "aggressive buyer" of Apple shares amid the weakness that he attributes to media reports around...
On The Fly: Pre-market Movers
UP AFTER EARNINGS: Verizon (VZ), up 2.9%... Danaher (DHR), up 2.4%... Blackstone (BX), up 1.5%... Quest Diagnostics (DGX), up just under 1%... Limelight Networks (LLNW),...
Qualcomm, LG Electronics to jointly develop next-gen connected car technology
LG Electronics announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also...