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First Republic's Struggle For Survival In Lending Sector Chaos: 4 Analysts Weigh In, Possible 'Distressed M&A Sale ... Could Leave Minimal Residual Value'
Friday, March 17, 2023 - 11:15am | 768Amidst the turbulence in the lending sector caused by the downfall of SVB Financial Group's (NASDAQ: SIVB) Silicon Valley Bank, First Republic Bank (NYSE: FRC), a prominent San Francisco headquartered-bank, is said to be assessing various strategic alternatives to navigate through...
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Oppenheimer: Costco Well-Run, But May Not Be Recommended Buy
Wednesday, May 27, 2015 - 4:49pm | 392Costco Wholesale Corporation (NASDAQ: COST) is all set to report its quarterly earnings following the closing bell on Wednesday. Brian Nagel, senior analyst at Oppenheimer & Co, was on CNBC recently to discuss how much impact oil prices will have on Costco's results and whether the stock...
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A Peek Into The Market Before The Trading Starts
Friday, February 18, 2011 - 8:52am | 528Pre-open movers US stock futures are slightly lower this morning, ahead of the 2-day Group of 20 meeting in Paris. The People's Bank of China lifted its reserve requirement ratio for banks by 50 basis points. Futures for the Dow Jones Industrial Average dropped 6 points to 12,282.00, while those...
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A Peek Into The Market Before The Trading Starts
Friday, February 11, 2011 - 8:48am | 592Pre-open movers US stock futures are lower this morning. Shares of Nokia Corp (NYSE: NOK) dropped in pre-market trading as the company unveiled partnership with Microsoft Corp (NASDAQ: MSFT). Futures for the Dow Jones Industrial Average dropped 39 points to 12,155, while those for the S&P 500...
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A Peek Into The Market Before The Trading Starts
Friday, January 21, 2011 - 8:47am | 556Pre-open movers US stock futures are higher this morning after General Electric (NYSE: GE) reported upbeat quarterly results. Google Inc (NASDAQ: GOOG) also reported better-than-expected quarterly earnings after the Thursday's closing bell. Futures on the Dow Jones Industrial Average gained 26...
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A Peek Into The Market Before The Trading Starts
Monday, December 27, 2010 - 9:06am | 571Pre-open movers US stock futures are lower this morning as China lifted its key lending and deposit rates. Futures for the Dow Jones Industrial Average dropped 40 points to 11,482 and those for the S&P 500 index fell 5.70 points to 1,247. Futures for the Nasdaq 100 index dipped 4.75 points to 2...
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Oppenheimer & Co Downgrades BBY To Perform
Wednesday, December 15, 2010 - 8:54am | 53Analysts at Oppenheimer & Co downgrade Best Buy Co Inc (NYSE: BBY) from "outperform" to "perform." The target price for BBY has been reduced from $53 to $39. BBY's shares fell by 14.82% to close at $35.52 yesterday More Analyst Ratings here
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A Peek Into The Market Before The Trading Starts
Thursday, November 18, 2010 - 8:40am | 513Pre-open movers US stock futures are higher, this morning as investors awaited economic data. General Motors Co is set to start trading on the New York Stock Exchange (NYSE). Futures on the Dow Jones Industrial Average rose 95 points to 11,090, while S&P 500 futures gained 13.30 points to 1,191...
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Oppenheimer & Co Upgrades EL To Perform
Thursday, November 18, 2010 - 8:25am | 43Analysts at Oppenheimer & Co upgrade The Estee Lauder Companies Inc (NYSE: EL) from "underperform" to "perform." EL's shares gained 1.92% to close at $72.34 yesterday. More Analyst Ratings here
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A Peek Into The Market Before The Trading Starts
Wednesday, November 10, 2010 - 8:34am | 527Pre-open movers US stock futures moved up slightly, as investors are awaiting many US economic reports, comprising weekly jobless claims. Futures on the Dow Jones Industrial Average gained 3 points to 11,316.00, while S&P 500 futures rose 0.10 point to 1,211.00. Nasdaq 100 futures moved up 1.50...
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Oppenheimer & Co Upgrades AAP To Perform
Wednesday, November 10, 2010 - 7:55am | 52Analysts at Oppenheimer & Co upgrade Advance Auto Parts Inc (NYSE: AAP) from "underperform" to "perform." The target price for AAP has been raised from $49 to $75. AAP's shares gained 0.06% to close at $66.01 yesterday. More Analyst Ratings here
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Oppenheimer & Co Downgrades SLB To Perform
Monday, November 1, 2010 - 7:50am | 41Analysts at Oppenheimer & Co downgrade Schlumberger Limited (NYSE: SLB) from "outperform" to "perform." SLB's shares gained 0.16% to close at $69.89 on Friday. More Analyst Ratings here
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Oppenheimer & Co Downgrades BJRI To Perform
Wednesday, October 27, 2010 - 7:36am | 41Analysts at Oppenheimer & Co downgrade BJ's Restaurants Inc (NASDAQ: BJRI) from "outperform" to "perform." BJRI's shares gained 0.40% to close at $35.13 yesterday. More Analyst Ratings here
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Oppenheimer & Co Downgrades PNR To Perform
Wednesday, October 27, 2010 - 7:36am | 50Analysts at Oppenheimer & Co downgrade Pentair Inc (NYSE: PNR) from "outperform" to "perform." The target price for PNR has been reduced from $41 to $36. PNR's shares lost 6.32% to close at $33.21 yesterday. More Analyst Ratings here
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A Peek Into The Market Before The Trading Starts
Friday, October 22, 2010 - 7:37am | 449Pre-open movers US stock futures were mixed, as investors are looking for a weekend G-20 nations meeting of finance ministers in South Korea. Futures on the Dow Jones Industrial Average dropped 9 points to 11,074, while S&P 500 futures rose 0.60 points to 1,176.30. Nasdaq 100 futures gained 0....