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Kohl's Boosted By Amazon Smart Home Partnership
Shares of Kohl's popped in morning trading after the company announced a partnership with Amazon.
Tesla Launch Could Be Biggest Trucking Catalyst In Decades, Says Morgan Stanley
While no exact date has been announced yet, Tesla CEO Elon Musk said the reveal will come in September and Shanker thinks the NACV show in Atlanta on September 25 "could be a catalyst for the reveal."
Exxon Mobil Upgraded To Neutral From Sell At UBS
UBS analyst Jon Rigby upgraded Exxon Mobil to Neutral and raised his price target for the shares to $76 from $75. The oil giant closed yesterday up 61c to $77.18.
Nomura Ups Apple Target To $185 Ahead Of Launch Event
Consensus estimates for Apple's 2018 look conservative, Kvaal argues. He assumes the iPhone 8 offers an OLED edge-to-edge screen, better dual cameras, and 3D sensing, but not a fingerprint sensor under the screen.
Before The Move: Watch Vanda Ahead Of Pruritus Data
This month, Vanda Pharmaceuticals will report Phase II data in atopic dermatitis with chronic pruritus.
Wells Fargo Sees Disney Among Winners In New Streaming World
Wells Fargo analyst Marci Ryvicker upgraded Disney to Outperform as the company ventures into direct-to-consumer streaming.
Disney Upgraded To Outperform From Market Perform At Wells Fargo
Wells Fargo analyst Marci Ryvicker upgraded Disney to Outperform and raised her price target for the shares to $116 from $109.
United Technologies To Acquire Rockwell Collins For $30B
United Technologies and Rockwell Collins has announced that they have reached a definitive agreement under which United Technologies will acquire Rockwell Collins for $140 per share, in cash and stock.
Congressman Supporting Approval Of PTC's DMD Treatment, Says Citi
Citi analyst Joel Beatty found comments online from U.S. Congressman Collin Peterson that voice support for approval of PTC Therapeutics' Duchenne muscular dystrophy treatment ataluren, which is also known as Translarna.
On The Fly: Top Stock Stories For Friday Sept. 1
The day's economic reports, highlighted by the monthly jobs report, had little impact and as the day progressed the volume dried up and the market limped into the close ahead of the long weekend.
Optical Names Follow Ciena Lower As North American Equipment Spending Slows
Shares of companies in the optical component sector, including Finisar and Oclaro, are following Ciena lower on Thursday.
Iovance Fired Another Shot Across The Bow Of CAR-T
The approval of Novartis Kymriah is a major leap forward for oncology and immunotherapy, but there still remains significant room for differentiated products.
BofA Goes Sell To Buy On FMC Corporation With Ag Outlook Seen Improving
Bank of America Merrill Lynch upgraded FMC Corporation two notches, to Outperform, its equivalent of a buy rating, from Underperform, its equivalent of a sell rating.
Wells Fargo Ticks Lower After Finding 1.4M More Potential Unauthorized Accounts
Shares of Wells Fargo are ticking lower after the company that a third party review revealed that 3.5M accounts could have been created without authorization. The bank's previous estimates was 2.1M.
Wells Fargo Upgrades Owens Corning After Harvey, Management Meetings
Wells Fargo analyst Stephen East last night upgraded Owens Corning to Outperform from Market Perform with an $83 price target.
Battleground: Analysts Disagree On Whole Foods' Financial Impact On Amazon
Two research firms disagreed on the financial impact of Amazon's acquisition of Whole Foods.
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