Zacks Investment Research

Stock Market News Briefs: Apache Corporation, Deutsche Bank AG, Fairchild Semiconductor International, Inc., Hewlett-Packard Company, Mariner Energy, Inc., Piper Jaffray Companies, Tiffany & Co., United Parcel Service, Inc., J.B. Hunt Transport Services, Inc., Netflix, Inc.

By Zacks Investment Research on | More Posts By | Zacks.com
  •  Fairchild Semiconductor International (NYSE:FCS) posted first quarter results one cent higher than Zacks estimates at 25 cents on revenues of $378 million, which beat projections of $372 million
  •  Several analysts sent price targets for UPS (NYSE:UPS) higher, as the firm provided upside guidance of $3.05-$3.30
  •  Germany is investigating if Hewlett-Packard (NYSE:HPQ) workers were involved in alleged kickbacks
  •  Deutsche Bank (NYSE:DB) initiated coverage of Tiffany (NYSE:TIF) with a “buy” rating and a $58 price target
  •  Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on Netflix (NASDAQ:NFLX), taking the price target from $78 to $102
  •  Dollar General (DG) priced a 26 million share secondary offering at $27 per share, valued at $702 million
  •  FBR upgraded JB Hunt (NASDAQ:JBHT) to “outperform,” taking the price target from $40 to $43
  •  Apache (NYSE:APA) is offering $26.22 per share for Mariner Energy (NYSE:ME), for a total deal value of $2.7 billion

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