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Pure Storage slides on first "sell" in 2 years as UBS turns bearish

BUZZ-Pure Storage slides on first "sell" in 2 years as UBS turns bearish ** Shares of Pure Storage PSTG.N drop 5.2% to $62.12, about a 1-mth low, on Tues after UBS downgraded to "sell" from "neutral", saying data storage firm's valuation not justified given increased competition ** Stock on course for biggest one-day pct drop since Nov 30 ** This is PSTG's first "sell"-rating in at least 2 years, per LSEG data ** UBS estimates rev growth of ~8% over next 5 years vs 16% growth the prior 5 years a
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Results, upgrades and regulator decisions keep markets busy

LIVE MARKETS-Results, upgrades and regulator decisions keep markets busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . RESULTS, UPGRADES AND REGULATOR DECISIONS KEEP MARKETS BUSY It's been a busy first hour or so of trading in Europe, as investors tried to keep up with a string of large cap moves including retail giant H&M taking a kicking on weak results, drug maker GSK being hurt
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Oil prices rise on US crude draw; jobs data feeds rate cut hopes

REFILE-CORRECTED-UPDATE 8-Oil prices rise on US crude draw; jobs data feeds rate cut hopes Corrects crude inventory data in paragraph 5 to 2.5 million barrels, not 5.9 million and expectations to 2.2 million, not 1.9 million. Corrects stocks in paragraph 6 to rise of 307,000 barrels, not fall of 1.3 million barrels. Middle East conflict remains in focus EIA reports draw on U.S.
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Oil prices rise on US crude draw; jobs data feeds rate cut hopes

CORRECTED-UPDATE 8-Oil prices rise on US crude draw; jobs data feeds rate cut hopes Corrects crude inventory data in paragraph 5 to 2.5 million barrels, not 5.9 million and expectations to 1.9 million, not 2.2 million. Corrects stocks in paragraph 6 to rise of 307,000 barrels, not fall of 1.3 million barrels. Middle East conflict remains in focus EIA reports draw on U.S.
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Toyota's chairman sees shareholder backing slide to 72% amid governance concerns

UPDATE 3-Toyota's chairman sees shareholder backing slide to 72% amid governance concerns Adds Toyota share performance in last paragraph By Daniel Leussink TOKYO, June 19 (Reuters) - Shareholder backing for Toyota 7203.T Chairman Akio Toyoda slid for a second straight year, results from its annual general meeting showed on Wednesday, with his support rate dropping to 72% amid certification scandals and governance concerns.
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JGB yields rise as hawkish BOJ rhetoric trumps slide in US yields

JGB yields rise as hawkish BOJ rhetoric trumps slide in US yields By Kevin Buckland TOKYO, June 19 (Reuters) - Long-dated Japanese government bond yields rose on Wednesday and futures declined, resisting pressure from a sharp drop in U.S. bond yields overnight, as investors positioned for tighter local monetary policy. The 30-year JGB yield JP30YTN=JBTC rose 2.5 basis points (bps) to 2.170%, and the 20-year yield JP20YTN=JBTC added 2 bps to 1.805%, as of 0255 GMT.
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U.S. BioNTech, Honeywell International, Klaviyo

U.S. RESEARCH ROUNDUP-BioNTech, Honeywell International, Klaviyo June 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Biontech, Honeywell International and Klaviyo, on Wednesday. HIGHLIGHTS * BioNTech SE BNTX.O : JP Morgan raises target price to $94 from $90 * Honeywell International Inc HON.O : HSBC raises target price to $235 from $200 * Klaviyo Inc KVYO.N : Barclays raises to overweight from equal weight * NetA
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Euro tumbles as Macron calls snap French election

FOREX-Euro tumbles as Macron calls snap French election Updated at 1500 EDT By Karen Brettell and Alun John NEW YORK/LONDON, June 10 (Reuters) - The euro fell on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to call a snap national election . The uncertainty in France adds one more element to what will be a busy week for markets with U.S.
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Euro tumbles as Macron calls snap French election

FOREX-Euro tumbles as Macron calls snap French election Updated at 1155 EDT By Karen Brettell and Alun John NEW YORK/LONDON, June 10 (Reuters) - The euro fell sharply on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to call a snap national election . The uncertainty in France adds one more element to what will be a busy week for markets with U.S.
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NetApp rises after brokerages raise PT

BUZZ-NetApp rises after brokerages raise PT ** Cloud services provider NetApp NTAP.O shares rise ~1% to $117.61 premarket ** Brokerages Wells Fargo and Barclays raises PT ** Wells Fargo raises PT to $120 from $100, while Barclays raises to $116 from $100 ** Of 21 analysts covering NTAP stock, five rate it "buy" or higher, 15 "hold" and one "sell";
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U.S. Connectone Bancorp, Hormel Foods, UMB Financial

U.S. RESEARCH ROUNDUP-Connectone Bancorp, Hormel Foods, UMB Financial May 31 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Connectone Bancorp, Hormel Foods and UMB Financial, on Friday. HIGHLIGHTS * Connectone Bancorp Inc CNOB.O : KBW cuts to market perform from outperform * Hancock Whitney Corp HWC.O : KBW raises to outperform from market perform * Hormel Foods Corp HRL.N : JP Morgan raises to neutral from underwe
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NetApp Inc reports results for the quarter ended in April - Earnings Summary

NetApp Inc reports results for the quarter ended in April - Earnings Summary NetApp Inc NTAP.OQ reported quarterly adjusted earnings of $1.80​​ per share for the quarter ended in April, higher than the same quarter last year, when the company reported EPS of $1.54. The mean expectation of seventeen analysts for the quarter was for earnings of $1.79 per share.
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NetApp beats revenue estimates on robust demand for cloud services

NetApp beats revenue estimates on robust demand for cloud services May 30 (Reuters) - NetApp NTAP.O topped fourth-quarter revenue estimates on Thursday on strong demand for its cloud-based data management services, while the company also approved a new share buyback plan worth an additional $1 billion. Enterprise spending on cloud has remained robust as businesses upgrade their technology infrastructure, while advances in artificial intelligence have boosted demand for cloud computing.
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NetApp Q4 Adjusted EPS USD 1.8 Vs. IBES Estimate USD 1.79

BRIEF-NetApp Q4 Adjusted EPS USD 1.8 Vs. IBES Estimate USD 1.79 May 30 (Reuters) - NetApp Q4 net income USD 291 million. Q4 revenue USD 1,670 million vs. IBES estimate USD 1,655 million Q4 EPS USD 1.37 Q4 adjusted net income USD 382 million vs. IBES estimate USD 376.8 million
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Agitated markets wary of June heat

MORNING BID AMERICAS-Agitated markets wary of June heat A look at the day ahead in U.S. and global markets from Mike Dolan This week's bout of bond market anxiety eased a touch on Thursday, but investors wary of heavy sovereign debt sales and election uncertainty are bracing for a jumpy June. And the dollar .DXY is lapping it all up. At the root of the week's angst has been more evidence of still-brisk U.S.
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NetApp Inc <NTAP.OQ> expected to post earnings of $1.79 a share - Earnings Preview

NetApp Inc expected to post earnings of $1.79 a share - Earnings Preview NetApp Inc NTAP.OQ NTAP.O is expected to show a rise in quarterly revenue when it reports results on May 30 for the period ending January 1 0001 The San Jose California-based company is expected to report a 4.7% increase in revenue to $1.655 billion from $1.58 billion a year ago, according to the mean estimate from 15 analysts, based on LSEG data.The company's guidance on February 29 2024, for the period ended April 30, was
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U.S. earnings week ahead

DIARY-U.S. earnings week ahead May 24 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Name Event Name 29-May-2024 AMC A Agilent Technologies Inc Q2 2024 Agilent Technologies Inc Earnings Release 29-May-2024 AMC CRM Salesforce Inc Q1 2025 Salesforce Inc Earnings Release 29-May-2024 AMC HPQ HP Inc Q2 2024 HP Inc Earnings Release 30-May-2024 16:15 COO.O
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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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The US quietly shipped long-range ATACMS missiles to Ukraine

UPDATE 1-The US quietly shipped long-range ATACMS missiles to Ukraine Adds missile used second time, paragraphs 1 and 4 By Steve Holland and Idrees Ali WASHINGTON, April 24 (Reuters) - The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its battle to fight off Russian invaders , and Ukraine has now used them twice, a U.S.
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The US quietly shipped long-range ATACMS missiles to Ukraine

The US quietly shipped long-range ATACMS missiles to Ukraine By Steve Holland and Idrees Ali WASHINGTON, April 24 (Reuters) - The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its battle to fight off Russian invaders , and Ukraine last week used them for the first time, a U.S. official said on Wednesday .
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