We continue to believe imetelstat is efficacious and disease modifying in myelofibrosis, however, we would remain on the sidelines at this time as Geron has no pipeline to fall back on should the FDA decide that imetelstat is simply unsafe,” Charles Duncan, an analyst with Piper Jaffray (PJC), wrote in a research note today.
Tesla is set to announce a US battery ‘Gigafactory’ in the coming days that will more than double world-wide lithium-ion battery production. Apple obviously has a huge interest here, as it uses the batteries in all of its products. Musk has announced that there will be several high-profile partners in the green US plant, likely including Panasonic and possibly Solar City. Apple has been investing in big green US factories recently, including its Mesa AZ Sapphire venture.
that is going to be the news coming out in the next few days once tsla shares the gygaplant story.
this is going to be the catalyst that takes aapl over 600.
hold on longs. the clouds about to lift.
its a battery deal and aapl is involved. JV. not sure its worth much to the s/p of aapl though. at least we'll be hearing tsla and aapl in the same sentence for another few days.
Internet taxes....as soon as the states are done sharpening their knives and announce a bill that will fast track tax dollars into their coffers. your done. so good luck with your sell call! oh and its coming. so, if you want to short something try amzn.
also saw some unusual options trading on Tuesday. Stock investors purchased 46,371 call options on the stock. This represents an increase of 184% compared to the typical daily volume of 16,326 call options.
Best Buy Co. (NYSE:BBY) last released its earnings data on Tuesday, November 19th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.07. The company had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.36 billion. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts predict that Best Buy Co. will post $2.27 earnings per share for the current fiscal year.
BBY has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “buy” rating on shares of Best Buy Co. in a research note to investors on Friday. They now have a $34.00 price target on the stock, down previously from $49.00. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Best Buy Co. in a research note to investors on Friday. They now have a $38.00 price target on the stock, down previously from $52.00. Finally, analysts at Telsey Advisory Group cut their price target on shares of Best Buy Co. from $50.00 to $33.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $41.74.
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