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APR 28, 2016 - Zero Hedge

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SEC Begins Crack Down On Non-GAAP Accounting Gimmicks

Having railed for years against the accounting gimmickry known as non-GAAP, with both the WSJ, AP and even Warren Buffett joining the vocal outcry in recent years, things may finally be changing. According to Dow Jones, the SEC is finally stepping up its scrutiny of companies' "homegrown earnings measures, signaling it plans to target firms that inflate their sales results ...

Tags: SEC Begins Crack Down On Non-GAAP Accounting Gimmicks,  Target Corporation Latest News

APR 27, 2016 - Benzinga

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Cowen: JetBlue Can Overcome April Revenue 'Blues'

JetBlue Airways Corporation (NASDAQ: JBLU) guided to a 12.5 percent decline in its April unit revenue, significantly below expectations. Cowen’s Helane Becker upgraded the rating on the company from Market Perform to Outperform, with a price target of $24. Latest Ratings for JBLU DateFirmActionFromTo Apr 2016Cowen & CompanyUpgradesMarket PerformOutperform Apr 2016Credit SuisseMaintainsNeutral Apr 2016BarclaysUpgradesEqual-weightOverweight View More Analyst Ratings for JBLU ...

Tags: Cowen: JetBlue Can Overcome April Revenue 'Blues',  Target Corporation Latest News

APR 26, 2016 - Benzinga

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BTIG Likes Western Digital's Purchase Of SanDisk; Initiates At Buy, $55 Target

BTIG started Western Digital Corp (NASDAQ: WDC) with a Buy rating and $55 price target following its acquisition of SanDisk Corporation (NASDAQ: SNDK). Latest Ratings for WDC DateFirmActionFromTo Apr 2016BTIG ResearchInitiates Coverage onBuy Apr 2016Pacific CrestDowngradesOverweightSector Weight Apr 2016Cowen & CompanyInitiates Coverage onMarket Perform View More Analyst Ratings for WDC View the Latest Analyst Ratings

Tags: BTIG Likes Western Digital's Purchase Of SanDisk; Initiates At Buy, $55 Target,  Target Corporation Latest News

APR 26, 2016 - Benzinga

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Analyst Warning: U.S. Steel Will Cut Full Year EBITDA Guidance

United States Steel Corporation (NYSE: X) is set to release its 1Q16 results on April 26 after market close. Axiom’s Gordon L. Johnson maintained a Sell rating for US Steel, with a price target of $5, saying that the company is likely to announce a reduction in its full-year EBITDA guidance. Latest Ratings for X DateFirmActionFromTo Apr 2016BarclaysMaintainsEqual-weight Apr 2016UBSDowngradesNeutralSell ...

Tags: Analyst Warning: U.S. Steel Will Cut Full Year EBITDA Guidance,  Target Corporation Latest News

APR 26, 2016 - Benzinga

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Macquarie's New Price Target On Oracle Represents ~14% Upside

Macquarie’s Sarah Hindlian believes Oracle Corporation (NYSE: ORCL)'s revenues and EPS are set to inflect and stabilize in FY17 and FY18. Hindlian maintains an Outperform rating on the company, with a price target of $46, which represents 14 percent upside from the current stock valuation. Latest Ratings for ORCL DateFirmActionFromTo Apr 2016MacquarieInitiates Coverage onOutperform Apr 2016 Mar 2016Goldman SachsMaintainsBuy View ...

Tags: Macquarie's New Price Target On Oracle Represents ~14% Upside,  Target Corporation Latest News