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Wells Fargo raises PT for Expedia, expects Vrbo bookings to increase

BUZZ-Wells Fargo raises PT for Expedia, expects Vrbo bookings to increase ** Wells Fargo raised target price for online travel agency Expedia EXPE.O to $140 from $137, keeps "equal weight" rating ** The new PT represents a 11.5% upside to the stock's last close ** Expects EXPE's short-term rental platform, Vrbo, to see higher bookings in Q3 amid "firming" leisure travel in the U.S.
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Google, Amazon win EU court backing in Italian rule dispute

UPDATE 1-Google, Amazon win EU court backing in Italian rule dispute Adds Court comment, details By Foo Yun Chee BRUSSELS, May 30 (Reuters) - Alphabet's GOOGL.O Google, Amazon AMZN.O and Airbnb ABNB.O won the backing of Europe's top court on Thursday in their fight against an Italian rule requiring them to provide information on themselves . The dispute between the companies and Italian authorities centered on provisions adopted in 2020 and 2021 mandating online service providers operating in It
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EU court backs Google, Amazon, Airbnb in Italian rule dispute

EU court backs Google, Amazon, Airbnb in Italian rule dispute BRUSSELS, May 30 (Reuters) - Europe's top court on Thursday backed Alphabet's GOOGL.O Google, Amazon AMZN.O and Airbnb ABNB.O in their fight against an Italian rule requiring them to provide information on the companies. "A member state may not impose additional obligations on an online service provider established in another member state," the Luxembourg-based Court of Justice of the European Union said.
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U.S. STOCKS ProShares Ether, International Business Machines, Alvotech

BUZZ-U.S. STOCKS ON THE MOVE-ProShares Ether, International Business Machines, Alvotech Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. indexes oscillated within a tight range on Tuesday as investors grew cautious ahead of AI chip leader Nvidia's earnings this week and Federal Reserve officials emphasized the central bank was in no hurry to ease interest rates.
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U.S. STOCKS Durect, Mangoceuticals, International Business Machines

BUZZ-U.S. STOCKS ON THE MOVE-Durect, Mangoceuticals, International Business Machines Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The tech-heavy Nasdaq fell on Tuesday as investors grew cautious ahead of AI chip leader Nvidia's earnings this week and Federal Reserve officials emphasized the central bank is in no hurry to ease interest rates.
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BTIG cuts Expedia PT on lower bookings, margin growth

BUZZ-BTIG cuts Expedia PT on lower bookings, margin growth ** Brokerage BTIG lowers online travel company Expedia Group's EXPE.O PT to $150 from $175, representing a 31% upside to the stock's last close ** Cites its lower 3-year expectations on EXPE's bookings growth and margin expansion ** Lowers forecast for 2023-2026 bookings CAGR to 6% from 8%,
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U.S. Chemed, PTC Therapeutics, Regeneron Pharmaceuticals

U.S. RESEARCH ROUNDUP- Chemed, PTC Therapeutics, Regeneron Pharmaceuticals May 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chemed, PTC Therapeutics and Regeneron Pharmaceuticals, on Tuesday. HIGHLIGHTS * Chemed Corp CHE.N : RBC cuts target price to $697 from $712 * Deckers Brands DECK.N : Barclays cuts target price to $1,026 from $1,110 * PTC Therapeutics Inc PTCT.O : Raymond James raises to market perform fro
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Street View: Airbnb fails to ease fears of slowing growth

BUZZ-Street View: Airbnb fails to ease fears of slowing growth ** Airbnb ABNB.O reported higher first-quarter profit on Wednesday, but forecast current-quarter revenue below Wall Street expectations ** ABNB expects Q2 revenue between $2.68 bln and $2.74 bln, below analysts' average estimate of $2.74 bln ** Shares of vacation rental company were down 8.5% at $144.50 in premarket trading NIGHTS BOOKINGS FORECAST DISAPPOINTS ** J.P.
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U.S. Berkshire Hathaway, Parker-Hannifin, Quaker Houghton

U.S. RESEARCH ROUNDUP- Berkshire Hathaway, Parker-Hannifin, Quaker Houghton May 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Berkshire Hathaway, Parker-Hannifin and Quaker Houghton, on Monday. HIGHLIGHTS * Berkshire Hathaway BRKa.N : KBW raises target price to $660,000 from $645,000 * Essex Property Trust Inc ESS.N : Piper Sandler raises target price to $315 from $291 * Parker-Hannifin Corp PH.N : Jefferies cuts
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Wall St ends sharply higher, jobs data strengthens case for rate cuts

US STOCKS-Wall St ends sharply higher, jobs data strengthens case for rate cuts U.S. job growth slows, unemployment ticks higher in April Apple announces record share buyback, stock jumps Expedia tumbles after cutting revenue growth forecast Indexes up: Dow 1.18%, S&P 1.26%, Nasdaq 1.99% Updates to 16:07 EDT By Stephen Culp NEW YORK, May 3 (Reuters) - Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reser
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Wall St ends sharply higher, US jobs data strengthens case for rate cuts

US STOCKS-Wall St ends sharply higher, US jobs data strengthens case for rate cuts U.S. job growth slows, unemployment ticks higher in April Apple announces record share buyback, stock jumps Expedia tumbles after cutting revenue growth forecast Updates to market close By Stephen Culp NEW YORK, May 3 (Reuters) - Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S.
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Wall St rallies as soft jobs data makes case for Fed policy easing

US STOCKS-Wall St rallies as soft jobs data makes case for Fed policy easing U.S. job growth slows, unemployment ticks higher in April Apple announces record share buyback, stock jumps Expedia tumbles after cutting revenue growth forecast Indexes up: Dow 1.26%, S&P 1.34%, Nasdaq 2.08% Updates to 14:08 EDT By Stephen Culp NEW YORK, May 3 (Reuters) - Wall Street rallied on Friday as a softer-than-expected employment report appeared to support the case for Federal Reserve policy easing while also p
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U.S. STOCKS TC Energy, Cloudflare, Coterra Energy

BUZZ-U.S. STOCKS ON THE MOVE-TC Energy, Cloudflare, Coterra Energy Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen also helped.
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U.S. STOCKS Copper miners, Rivian, Union Pacific Corp

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Rivian, Union Pacific Corp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen on upbeat corporate updates added support.
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Wall St rallies after soft jobs data allays rate jitters

US STOCKS-Wall St rallies after soft jobs data allays rate jitters For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window U.S. job growth slows in April Apple jumps after announcing record share buyback Expedia slides after trimming FY revenue growth forecast Indexes up: Dow 1.13%, S&P 1.10%, Nasdaq 1.90% Updated at 11:41 a.m.
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Wall St gains after soft jobs data allays rate jitters

US STOCKS-Wall St gains after soft jobs data allays rate jitters For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window U.S. job growth slows in April Apple jumps after announcing record share buyback Expedia slides after trimming FY revenue growth forecast Indexes up: Dow 1.26%, S&P 1.15%, Nasdaq 1.92% Updated at 10:02 a.m.
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Expedia shares sink as vacation rental weakness fuels revenue forecast trim

UPDATE 1-Expedia shares sink as vacation rental weakness fuels revenue forecast trim Adds share movements By Pratyush Thakur May 3 (Reuters) - Expedia shares EXPE.O tumbled as much as 13% to a near six-month low in early trading on Friday, after the online booking firm cut its annual forecast for revenue growth due to weakness at its vacation rentals brand Vrbo.
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U.S. STOCKS Viking Therapeutics, Block, Expedia

BUZZ-U.S. STOCKS ON THE MOVE-Viking Therapeutics, Block, Expedia Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set to open higher on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen on upbeat corporate updates added support.
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Wall St set to open sharply higher on soft jobs data

US STOCKS-Wall St set to open sharply higher on soft jobs data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window U.S. job growth slows in April Apple jumps after announcing record share buyback Expedia slides after trimming FY revenue growth forecast Futures up: Dow 1.29%, S&P 1.14%, Nasdaq 1.61% Updated at 8:42 a.m.
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Expedia falls after cutting 2024 revenue growth forecast

BUZZ-Expedia falls after cutting 2024 revenue growth forecast ** Shares of online travel platform Expedia Group EXPE.O down 10.5% to $121.8 premarket ** EXPE cuts full-year revenue growth forecast as gross bookings hit by drag in vacation rental platform, poor B2C segment performance ** Lowers forecast to a "range of mid- to high-single-digit top l
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