Stock Market News Briefs: Goldman Sachs Group, International Business Machines, Johnson & Johnson, J P Morgan Chase & Co, Man Financial Global, Millicom International Cellular S.A., Molina Healthcare Inc

Zacks Investment Research

  •  Johnson & Johnson (NYSE:JNJ) reported Q1 EPS of $1.35, ex-items, ahead of the Zacks Consensus Estimate of $1.25 per share. Revenues for the quarter rose 3.5% year-over-year to $16.2 billion, beating the Zacks Consensus Estimate of $15.768 billion
  •  Analysts at JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on shares of MF Global Holdings Ltd (NYSE:MF) with an “Overweight” rating and a price target of $10.00  on the stock
  •  Credit Suisse initiated coverage Nielsen Hldg NV (NLSN) with an “Outperform” rating and with a target price $34.00 on the stock
  •  Analysts at Citigroup initiated coverage on NetSpend Holdings Inc (NTSP) with a “Buy” rating and a $13.00 target price on the stock
  •  Stifel Nicolaus analysts initiated coverage on OCZ Technology Group Inc. (OCZ) with a “Buy” rating and with a $13.00 target price on the stock
  •  Duncan Williams analysts initiated coverage on Pernix Therapeutics Holdings Inc (AMEX:PTX) with a “Buy” rating and setting a target price of $19.00
  •  Aircraft leasing company Air Lease Corp.’s (AL) share prices rocketed up 5.66% on its first day of trade on the New York Stock Exchange
  •  Millicom International Cellular SA’s (NASDAQ:MICC) share prices increased 4.51% after it raised its earnings forecast for the year. Millicom Intl Cellular is a Luxembourg-based emerging-markets telecom firm
  •  Health insurer Molina Healthcare Inc.’s (NYSE:MOH) shares rose more than 5.20% after it reported first-quarter earnings beating forecasts
  •  IBM (NYSE:IBM) reported Q1 EPS of $2.41, ahead of the Zacks Consensus Estimate of $2.30 per share. Revenues for the quarter were up 8% year-over-year to $24.60 billion, beating the Zacks Consensus Estimate of $24.047 billion
  •  Goldman Sachs Group (NYSE:GS) reported Q1 EPS of $1.56 ex-items, beating the Zacks Consensus Estimate of $0.86 by nearly double. Revenues for the quarter were down 7% year-over-year to $11.89 billion, higher than the Zacks Consensus Estimate for $10.096 billion

 
AIR LEASE CORP (AL): Free Stock Analysis Report
 

 

 

 

 

 

 

 

 

 
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