Stock Market News Briefs: Citigroup, Fidelity National Information Services, Goldman Sachs Group, MGM Mirage, Sociedad Quimica Y Minera S.A., Toll Brothers, Waddell & Reed Financial, NVIDIA, Solarfun Power Holdings Co., Ltd.
- Toll Brothers (NYSE:TOL) reported a fiscal second quarter loss of 24 cents a share, in-line with Zacks estimates, versus a 52 cent loss a year earlier on revenues of $311.3 million, below Zacks projections of $314 million
- Solarfun (NASDAQ:SOLF) reported earnings of 40 cents a share, well above Zacks estimates of 19 cents on revenues of $216.2 million, which topped Zacks estimates of $190 million.
- FIS (NYSE:FIS) plans to buy back $2.5 billion in stock through a Dutch auction with prices between $29 and $31
- FBR upgraded Nvidia (NASDAQ:NVDA) to “outperform” from “market perform,” with a price target of $18
- Chemical & Mining (NYSE:SQM) reported interims 2 cents better than expected at 29 cents on revenues of $388.5 million, which fell short of estimates of $405 million
- Oppenheimer upgraded Citigroup (NYSE:C) shares to “outperform” from “market,” with a $4.58 price target
- FBR downgraded Waddell & Reed (NYSE:WDR) to “market-perform” from “outperform,” taking the price target from $42 to $32
- Goldman Sachs (NYSE:GS) removed MGM (NYSE:MGM) from its Conviction Buy List, but maintained a “buy” on the shares
Enter your E-mail address to subscribe to DailyMarkets.com for FREE
