Category: Momentum & Media
RBC Capital Markets Cuts Schlumberger’s Target Price to $70 on Lower 2019 EBITDA Estimate

RBC Capital Markets Cuts Schlumberger’s Target Price to $70 on Lower 2019 EBITDA Estimate

RBC Capital Markets lowered its target price for Schlumberger N.V (SLB) to $70, from $86, due to a cut in the 2019 EBITDA estimate. Shares drifted slightly higher intraday. ...

Tandem Diabetes Care Says Doubts to Remaining a Going Concern

Tandem Diabetes Care Says Doubts to Remaining a Going Concern

Tandem Diabetes Care (TNDM) fell more than 30% in Friday's pre-market trade to a new record low after the medical device company reported in a regulatory filing it expects it will ...

Wall Street Poised for Stronger Open Amid Earnings, Data, and Fed Speakers

Wall Street Poised for Stronger Open Amid Earnings, Data, and Fed Speakers

U.S. stocks were set for a stronger open on Friday amid a raft of corporate earnings, data and speeches from the Fed. Oil prices posted strong gains with global benchmark ...

XL Group Q3 Catastrophe-Loss Estimate Comes in Narrower Than Janney Expected

XL Group Q3 Catastrophe-Loss Estimate Comes in Narrower Than Janney Expected

XL Group's (XL) late-Wednesday warning of its Q3 catastrophe-loss estimates related prompted Janney Montgomery Scott to narrow its Q3 and 2017 loss estimates for the ...

US Dollar Index Posts Three-Week Low Overnight

US Dollar Index Posts Three-Week Low Overnight

The U.S. dollar index posted a near three-week low overnight, led by EUR/USD advance to trend highs of near 1.1880. USD/JPY managed to remain inside of Wednesday's trading band, ...

Therapix Biosciences Shares Rise 6% on Partnership with Catalent Pharma For Tourette Syndrome Treatment

Therapix Biosciences Shares Rise 6% on Partnership with Catalent Pharma For Tourette Syndrome Treatment

Therapix Biosciences (TRPX) shares were higher 6% on Friday after the company said it and Catalent (CTLT) Pharma Solutions will jointly develop and manufacture the investigational ...

Asian ADRs Move Lower in Friday Trading

Asian ADRs Move Lower in Friday Trading

American depository receipts of Asian stocks were trading 0.11% lower at 171.88 on the Bank of New York Mellon Asia ADR Index on Friday. In North Asia, the gainers were led by ...

Roper Technologies Reports Mixed Q2 Results

Roper Technologies Reports Mixed Q2 Results

Roper Technologies reported Q2 adjusted diluted earnings of $2.24 per share, up from $1.87 for the same period last year, and beating the Capital IQ consensus forecast of $2.22. ...

Tribune Media Starts Consent Solicitation on Senior Notes

Tribune Media Starts Consent Solicitation on Senior Notes

Tribune Media, home to a diverse portfolio of television and digital properties, said premarket Tuesday it has started a consent solicitation with respect to its 5.875% senior ...

American Airlines Reports Improved April Traffic

American Airlines Reports Improved April Traffic

American Airlines Group Tuesday reported April total revenue passenger miles were a record 18.6 billion, up 3.1% YOY. American Airlines traded up 2.6% pre-bell. The airline said ...