Stocks & Bonds

CVS Health Gets Bump After Reporting Second-Quarter Adjusted Earnings

CVS Health Gets Bump After Reporting Second-Quarter Adjusted Earnings

CVS Health (CVS) got a boost on Wednesday morning after reporting second-quarter adjusted earnings and sales that beat expectations. Second-quarter adjusted earnings came in at $1.69 a share, topping forecasts from Capital IQ for $1.61 on a normalized basis. The company said GAAP loss was $2.52 a share due to a one-time $3.9 billion, or $3.85 per share, goodwill impairment […]

Henry Schein Gets Price Target Bump at Barrington

Henry Schein Gets Price Target Bump at Barrington

Henry Schein (HSIC) shares were lower on Tuesday, but that didn’t stop Barrington Research analysts from raising its price target on the stock after the company reported better-than-expected financial results. The health care products company on Monday reported second-quarter adjusted earnings of $1.04 per diluted share, up from $0.88 a share last year and topping the $1.01 average estimate from […]

Discovery Communications Misses Views on Adjusted Earnings

Discovery Communications Misses Views on Adjusted Earnings

Discovery Communications (DISCA) released disappointing quarterly results on Tuesday that sent its stock price into the red, with the broadcaster reporting “tepid underlying growth trends,” according to Pivotal Research. Adjusted earnings per diluted share slipped to $0.66 from $0.68, missing the consensus on Capital IQ for $0.86 a share. Revenue jumped 63% to $2.85 billion, in line with the Street’s […]

Bond Prices Slide as Stocks Head Higher – 10-Year 2.945%

Bond Prices Slide as Stocks Head Higher – 10-Year 2.945%

US Treasury prices slid early Tuesday, inching yields higher, along with Japanese government bonds (JGB) and core Europeans, as global equities rallied. The front end of the Treasury curve was under-performing slightly ahead of Tuesday’s $34 billion three-year Treasury auction. The two-year yield was up 0.8 basis point near 2.657%, with the 10-year rate up 0.6 bp to 2.945%. Weakness […]

Tyson Foods’ Price Target From RBC Cut to $77

Tyson Foods’ Price Target From RBC Cut to $77

Tyson Foods (TSN) received a price-target reduction Tuesday from RBC Capital Markets, which cited greater-than-anticipated softness in chicken demand as the firm reduced its earnings estimates for the food company known for its namesake, Jimmy Dean and Hillshire Farm brands. The cut comes a day after Tyson Foods reported fiscal Q3 adjusted earnings per share above analysts’ expectations but its […]

ETFs Edge Higher, Futures Inch Lower as Trade Tensions Persist

ETFs Edge Higher, Futures Inch Lower as Trade Tensions Persist

US stock futures were pointing to modest losses ahead of the open as trade tensions continue to weigh on market sentiment following last week’s developments between the U.S. and China. China said it will imposed tariffs on $60 billion of U.S. products as a response to an earlier announcement by the U.S. of an additional 25% tariffs on $200 billion […]

Wolverine World Wide’s Price Target From Wedbush Boosted to $41 From $37

Wolverine World Wide’s Price Target From Wedbush Boosted to $41 From $37

Wolverine World Wide (WWW) received a boost to its price target Monday from Wedbush ahead of the footwear-and-apparel company’s Q2 report expected Wednesday. Wedbush’s new price target on the stock is $41 per share, up from $37. This moves the price target further above the stock’s Friday closing price of $35.91 as Wedbush kept its investment rating on the shares […]