• Target will spend $3 billion a year to remodel stores: CEO
    Yahoo Finance

    Target will spend $3 billion a year to remodel stores: CEO

    Target plans to continue to spend big to stay ahead of the competition, CEO Brian Cornell tells Yahoo Finance.

  • Reuters

    UPDATE 1-S.Africa mining companies cut production due to power shortages

    South African mining companies Harmony Gold, Impala Platinum, and Sibanye-Stillwater have been forced to cut production since Monday due to power shortages, they said on Tuesday. "There are very few underground mines that operated overnight and will be operating normally today," said a spokesman for the Minerals Council, an industry body. Harmony Gold called off its underground shifts, saying it would resume as soon as state power company Eskom could provide assurance power supply would be more reliable.

  • Reuters

    Bluebird bio, Bristol-Myers' multiple myeloma therapy shows promise in early study

    Bluebird bio Inc and Bristol-Myers Squibb Co on Monday reported encouraging initial data from an ongoing early-stage study testing their experimental therapy for multiple myeloma in patients who did not respond to prior treatments. The lowest dose of the therapy, bb21217, had a median duration of response of 11.1 months and an overall response rate of 83% in heavily pre-treated patients with at least three prior lines of therapy, according to data presented at the American Society of Hematology Conference. Bb21217 belongs to a class of drugs called CAR-T therapies that involve drawing white blood cells from a patient, processing them to target cancer cells, and infusing them back into the patient.

  • Synnex (SNX) Stock Moves -0.15%: What You Should Know
    Zacks

    Synnex (SNX) Stock Moves -0.15%: What You Should Know

    In the latest trading session, Synnex (SNX) closed at $125.58, marking a -0.15% move from the previous day.

  • General Assembly rejects Bevin's Medicaid contract awards
    American City Business Journals

    General Assembly rejects Bevin's Medicaid contract awards

    The administration on Nov. 26 ousted Louisville-based Passport Health Plan and the Kentucky entity of Indianapolis-based Anthem Inc., which administer Medicaid benefits to nearly 500,000 Kentuckians.

  • Why First Republic Bank sold a unit that helps employers repay their workers’ student loans
    American City Business Journals

    Why First Republic Bank sold a unit that helps employers repay their workers’ student loans

    Despite the sale, First Republic Bank still sees plenty of growth in its business of refinancing student loans.

  • Dick's Sporting Goods, IBD Stock Of The Day, Tests New Buy Point As Earnings Growth Improves
    Investor's Business Daily

    Dick's Sporting Goods, IBD Stock Of The Day, Tests New Buy Point As Earnings Growth Improves

    IBD Stock Of The Day: Dick's Sporting Goods tested a new buy point, offering another chance to start a position as Dick's earnings growth revives.

  • bluebird Reports Positive Top-Line Data on Myeloma Drug
    Zacks

    bluebird Reports Positive Top-Line Data on Myeloma Drug

    bluebird (BLUE) and partner Bristol-Myers report positive top-line results from a phase II study on idecabtagene vicleucel in patients with relapsed and refractory multiple myeloma.

  • Top Analyst Reports for Berkshire Hathaway, Verizon & Accenture
    Zacks

    Top Analyst Reports for Berkshire Hathaway, Verizon & Accenture

    Top Analyst Reports for Berkshire Hathaway, Verizon & Accenture

  • Barrons.com

    2 Stocks to Buy to Play Growth of 5G Phones, According to an Analyst

    With 5G wireless mobile phones on the way, the time has come to buy shares of the key radio component vendors, according to BofA Global Research.

  • Did Hedge Funds Drop The Ball On Vipshop Holdings Limited (VIPS) ?
    Insider Monkey

    Did Hedge Funds Drop The Ball On Vipshop Holdings Limited (VIPS) ?

    How do we determine whether Vipshop Holdings Limited (NYSE:VIPS) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • Barrons.com

    The Dow Is Falling 72 Points Because China Tariffs Could Happen

    The three major U.S. stock market indexes fell as investors fear that there won’t be enough progress made in trade talks between the U.S. and China to prevent tariffs that are scheduled for Dec. 15 from taking effect.

  • Oakmark's Bill Nygren Adds Humana, DXC Technology to Portfolio
    GuruFocus.com

    Oakmark's Bill Nygren Adds Humana, DXC Technology to Portfolio

    Guru reveals 3rd-quarter trades Continue reading...

  • Barrons.com

    The Time to Buy Home Depot Stock Is Now, Analysts Say

    The company’s coming conference for analysts and investors could be an opportunity for the stock to rise, Wells Fargo says.

  • Is STMicroelectronics N.V. (STM) Stock Outpacing Its Computer and Technology Peers This Year?
    Zacks

    Is STMicroelectronics N.V. (STM) Stock Outpacing Its Computer and Technology Peers This Year?

    Is (STM) Outperforming Other Computer and Technology Stocks This Year?

  • Guardant Health, Gap, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day
    Zacks

    Guardant Health, Gap, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day

    Guardant Health, Gap, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day

  • Hedge Funds Have Never Been This Bullish On Grifols SA (GRFS)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Grifols SA (GRFS)

    The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]

  • Factors to Consider Ahead of Broadcom's (AVGO) Q4 Earnings
    Zacks

    Factors to Consider Ahead of Broadcom's (AVGO) Q4 Earnings

    Broadcom (AVGO) fiscal fourth-quarter results are expected to reflect expanding presence in the infrastructure software space on synergies from CA buyout, amid Huawei ban and stiff competition.

  • Stock Market Recovers From Early Losses; Chevron Downgraded, While Chipotle Nears Buy Point
    Investor's Business Daily

    Stock Market Recovers From Early Losses; Chevron Downgraded, While Chipotle Nears Buy Point

    The stock market opened modestly lower early Monday before mostly turning higher. Chevron was an early loser in morning trade after a downgrade.

  • Apple Suppliers Qorvo and Skyworks Twice Raised on 5G Growth
    Bloomberg

    Apple Suppliers Qorvo and Skyworks Twice Raised on 5G Growth

    (Bloomberg) -- Qorvo Inc. and Skyworks Solutions Inc. were both upgraded by two notches at BofA, to buy from underperform, with the firm seeing massive growth potential due to 5G technology.Because of “the exponential growth in components required to upgrade” about 1.4 billion smartphones, as well as “several hundred million” devices on the “internet of things,” BofA views 5G as “one of the more compelling and investable themes in semis.”Shares of Qorvo jumped as much as 4.4% on Monday, with the stock hitting record levels. Skyworks gained as much as 4% and hit its highest since March 2018. Both have been strong performers in 2019. Qorvo shares have jumped about 80% thus far this year while Skyworks is up more than 55%.Both stocks are major suppliers to Apple Inc. According to supply-chain data compiled by Bloomberg, Qorvo derives 32% of its revenue from Apple, while 51% of Skyworks’ revenue comes from the company. Apple is widely expected to debut a 5G version of its iPhone next year.While the first phase of 5G-related investments should favor infrastructure chipmakers like Marvell Technology, Analog Devices and Xilinx, “the next phase could also favor handset” stocks with radio frequency (RF) technology, wrote analyst Vivek Arya. There is “material upside to estimates from 5G adoption.”BofA estimated that sales of RF chips would come in at $12.6 billion in 2019, and grow to $18.5 billion over the next three years.The firm lifted its price target on Qorvo to a Street-high view of $130 from $80. The Skyworks target was boosted to $122 from $92, close to Craig-Hallum Capital Group’s $125 Street-high target.(Adds Monday trading in third paragraph, adds chart)To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Buckle (BKE) Showcases Dismal Comps Performance in November
    Zacks

    Buckle (BKE) Showcases Dismal Comps Performance in November

    Buckle (BKE) fails to retain positive comps trend in November. The decline in online sales for the month under review hurt total and comparable store net sales.

  • Sanofi to Buy Synthorx for $2.5B to Boost Cancer Portfolio
    Zacks

    Sanofi to Buy Synthorx for $2.5B to Boost Cancer Portfolio

    Sanofi (SNY) offers to buy Synthorx (THOR) for $2.5 billion. The deal will add Synthorx's lead pipeline asset, THOR-707 to Sanofi's oncology portfolio.

  • Bristol-Myers' (BMY) Lymphoma Drug Meets Goals in Key Study
    Zacks

    Bristol-Myers' (BMY) Lymphoma Drug Meets Goals in Key Study

    Bristol-Myers' (BMY) TRANSCEND NHL 001 study on CAR T-cell therapy drug meets endpoints.

  • Barrons.com

    Bluebird Bio Stock Is Rising on Promising Cancer-Drug Data

    Shares took off Monday morning after the company reported data at a medical conference over the weekend that relieved investor anxiety over the company’s experimental cancer drug ide-cel.

  • Adobe (ADBE) Gears Up for Q4 Earnings: What's in the Cards?
    Zacks

    Adobe (ADBE) Gears Up for Q4 Earnings: What's in the Cards?

    Strength in Creative Cloud and innovation is likely to reflect on Adobe Systems' (ADBE) fiscal fourth-quarter results.