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Coach Reportedly Tried To Bag Burberry In Recent Months
Monday, December 5, 2016 - 11:00am | 332U.K.-based luxury goods retailer Burberry (LON: BRBY) (OTC: BBRYF) has rejected multiple takeover approaches from U.S. rival Coach Inc (NYSE: COH) in recent months, according to a report on Financial Times. The Rumored Interest The report said the deal would have created a company with a market...
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Evercore: Rumors Of Qualcomm Buying NXP Semiconductors Could Be 'Very Real'
Thursday, September 29, 2016 - 3:06pm | 276An Evercore analyst said speculation of chipmaker QUALCOMM, Inc. (NASDAQ: QCOM) agreeing to acquire NXP Semiconductors NV (NASDAQ: NXPI) could be "very real." "[D]eal could be largely done with cash and double-digit accretion for QCOM," the analyst said. The comments came...
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Yahoo Hiring Advisers To Defend Itself Against 'Cage-Rattling' Investors, Report Says
Monday, February 22, 2016 - 8:54am | 204According to the New York Post, Yahoo! Inc. (NASDAQ: YHOO) is preparing for a potential proxy battle against activist investors, including Starboard Value, by hiring advisers who specialize in defense against "cage-rattling shareholders." Related Link: Activist Investor Taking 'Initial Steps'...
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Chesapeake Energy Plunges Amid Report Co. Hired Restructuring Expert
Monday, February 8, 2016 - 11:32am | 206Shares of Chesapeake Energy Corporation (NYSE: CHK) plunged lower by more than 35 percent on Monday and hit a new 52-week low of $1.75 following reports that the company is exploring restructuring options. As of 10:31 a.m. ET, shares had been halted four different times on a circuit breaker....
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Wall Street Gets Constructive On Gener8 Maritime; Here's What Analysts Think
Monday, July 20, 2015 - 1:20pm | 335Gener8 Maritime Inc (NYSE: GNRT) went public on June 25. The company expected to price its IPO in $17-$19 range, but went off at $14, reflecting some bearishness in the market. Now, the silent period is over and Wall Street research firms are starting to weigh in. At least four major research...
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Evercore Analyzed 16 Years Of Biotech IPO Data
Monday, July 13, 2015 - 3:50pm | 485Biotech IPOs have long been alluring for investors because of how difficult it is to resist buying into the opportunity for a major biotech breakthrough. Shareholders of the company that finally cures cancer will likely all be instant millionaires, so why not take a stake in the next hot biotech...
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Thursday's After-Hours Movers: Sohu, Western Union, Insys Therapeutics, Affymetrix
Friday, July 3, 2015 - 9:33am | 310Shares of Insys Therapeutics Inc (NASDAQ: INSY) are up 1.41 percent in after-hours, following a pretty much flat day. No particular news seems to have triggered the surge; in fact, it looks like an overall positive sentiment in relation to the stock is driving the rise. The specialty pharma...
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Evercore Partners Upgrades Consolidated Edison To Hold
Friday, June 19, 2015 - 10:12am | 50Evercore Partners upgraded Consolidated Edison, Inc. (NYSE: ED) from Sell to Hold. Consolidated Edison shares have gained 4.34 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. Consolidated Edison shares closed at $59.20 yesterday.
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Evercore Partners Downgrades Twitter To Hold
Thursday, June 4, 2015 - 8:33am | 62Analysts at Evercore Partners downgraded Twitter Inc (NYSE: TWTR) from Buy to Hold. The price target for Twitter has been lowered from $49.00 to $40.00. Twitter shares have gained 9.18 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period. Twitter...
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Evercore Partners Upgrades Zions Bancorporation To Buy
Tuesday, June 2, 2015 - 8:38am | 52Analysts at Evercore Partners upgraded Zions Bancorporation (NASDAQ: ZION) from Hold to Buy. Zions shares have dropped 1.24 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. Zions shares climbed 6.29 percent to $30.40 in pre-market trading.
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Evercore Partners Initiates Apache With Hold
Tuesday, June 2, 2015 - 8:18am | 60Evercore Partners initiated coverage on Apache Corporation (NYSE: APA) with a Hold rating. The target price for Apache is set to $72. Apache shares have dropped 36.01 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. Apache shares fell 1.62...
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Evercore Partners Initiates Anadarko Petroleum With Buy
Tuesday, June 2, 2015 - 8:07am | 66Analysts at Evercore Partners initiated coverage on Anadarko Petroleum Corporation (NYSE: APC) with a Buy rating. The target price for Anadarko Petroleum is set to $100. Anadarko Petroleum shares have dropped 17.67 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent...
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Will Ulta Salon Miss Its Guidance? History Suggests A Beat, But Crowd And Experts Disagree
Wednesday, May 27, 2015 - 3:50pm | 333Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) rose more than 3 percent on Wednesday, ahead of its first-quarter financial results, scheduled for Thursday afternoon. The company guided an 18 percent year-over-year earnings growth rate to $0.91 per share, compared to $0.77...
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Evercore Partners Downgrades Yahoo! To Hold
Wednesday, May 27, 2015 - 9:15am | 62Analysts at Evercore Partners downgraded Yahoo! Inc (NASDAQ: YHOO) from Buy to Hold. The price target for Yahoo! has been lowered from $55.00 to $48.00. Yahoo! shares have gained 23.20 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period. Yahoo!...
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Will Palo Alto Networks Set Records This Quarter?
Tuesday, May 26, 2015 - 1:06pm | 438Palo Alto Networks Inc (NYSE: PANW) will report its third quarter financial results after the market closes on Wednesday and, according to Estimize, a record-setting quarter is expected. In the same quarter last year, the company posted earnings of $0.11 per share on revenue of $150.7 million....