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AdvanceAutoParts

News

Reuters - 1 week ago

U.S. Albemarle, Nasdaq, Salesforce

U.S. RESEARCH ROUNDUP-Albemarle, Nasdaq, Salesforce Sept 27 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Albemarle, Nasdaq and Salesforce, on Friday. HIGHLIGHTS * Agios Pharmaceuticals Inc AGIO.O : Leerink Partners cuts to market perform from outperform * Albemarle ALB.N : Jefferies cuts target price to $120 from $124 * Dollar General Corp DG.N : Citigroup cuts to sell from neutral * Nasdaq Inc NDAQ.O : RBC initia
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Reuters - 2 weeks ago

U.S. Autozone, Costco Wholesale, Walmart

U.S. RESEARCH ROUNDUP- Autozone, Costco Wholesale, Walmart Sept 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autozone, Costco Wholesale and Walmart, on Wednesday. HIGHLIGHTS * Autozone Inc AZO.N : Evercore ISI raises target price to $3900 from $3350 * Costco Wholesale Corp COST.O : Evercore ISI raises target price to $985 from $925 * Home Depot Inc HD.N : Evercore ISI raises target price to $420 from $400 * Tra
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Reuters - 3 weeks ago

U.S. STOCKS Uber, silver miners, Arm

BUZZ-U.S. STOCKS ON THE MOVE-Uber, silver miners, Arm Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Photoshop maker Adobe tumbled after forecasting fourth-quarter earnings below estimates.
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Reuters - 3 weeks ago

Wells Fargo cuts PT for Advance Auto Parts, awaits steps to boost sales

BUZZ-Wells Fargo cuts PT for Advance Auto Parts, awaits steps to boost sales ** Wells Fargo cuts PT of automotive spare parts retailer Advance Auto Parts AAP.N to $40 from $50 ** Brokerage wants to see evidence of steps to improve sales volumes ** Co's "necessary" steps to turn around business have been mismanaged through under-investment in busine
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Reuters - 3 weeks ago

U.S. Constellation Energy, Eli Lilly, Talen Energy

U.S. RESEARCH ROUNDUP-Constellation Energy, Eli Lilly, Talen Energy Sept 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Energy, Eli Lilly and Talen Energy, on Friday. HIGHLIGHTS * Constellation Energy Corp CEG.O : Jefferies initiates with hold rating; target $183 * Eli Lilly LLY.N : JP Morgan raises target price to $1,100 from $1,050 * Moderna MRNA.O : JP Morgan cuts to underweight from neutral * Vo
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Reuters - 3 weeks ago

U.S. Cintas, Sprouts Farmers Market, Voya Financial

U.S. RESEARCH ROUNDUP-Cintas, Sprouts Farmers Market, Voya Financial Sept 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cintas Corp, Sprouts Farmers market and Voya Financial, on Thursday. HIGHLIGHTS * Ally Financial Inc ALLY.N : RBC cuts target price to $40 from $49 * Cintas Corp CTAS.O : CFRA adjusts target price to $170 from $645 to reflect 4-for-1 stock split * Gilead GILD.O : Raymond James raises target pri
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Reuters - 4 weeks ago

Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

UPDATE 1-Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs Adds no immediate comments from companies, more details, more comments from letters in paragraphs 4-8 By David Shepardson WASHINGTON, Sept 6 (Reuters) - A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may have evaded U.S.
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Reuters - 4 weeks ago

Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs WASHINGTON, Sept 6 (Reuters) - A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may evaded U.S. tariffs, according to letters seen by Reuters on Friday. Representative John Moolenaar, a Republican chairs a House panel on China and the committee's top Democrat Raja Krishnamoorthi along with other lawmakers asked AutoZone AZO.N , O’Reil
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Reuters - 1 month ago

Leslie's slides after announcing CEO transition

BUZZ-Leslie's slides after announcing CEO transition Updates stock activity to market open ** Shares of Leslie's LESL.O reverse small premarket gain and last down 5.7% at $2.90 early Tues after pool and spa supply retailer announced C-suite change ** Co late Mon named Jason McDonell as CEO, effective Sept 9, replacing Michael Egeck ** McDonell was most recently EVP at Advance Auto Parts AAP.N .
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Reuters - 1 month ago

Leslie's announces CEO transition, shares rise

BUZZ-Leslie's announces CEO transition, shares rise ** Shares of Leslie's LESL.O up 3.3% at $3.17 premarket after pool and spa supply retailer announced C-suite change ** Co late Mon named Jason McDonell as CEO, effective Sept 9, replacing Michael Egeck ** McDonell was most recently EVP at Advance Auto Parts AAP.N . Prior to his AAP stint, McDonell spent 21 years at PepsiCo, rising to role as Canada president and general manager of PepsiCo Food ** Egeck, appointed CEO in late Jan 2020, just prio
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Reuters - 1 month ago

U.S. First BanCorp, Kellanova, Popular

U.S. RESEARCH ROUNDUP- First BanCorp, Kellanova, Popular Aug 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including First BanCorp, Kellanova and Popular, on Monday. HIGHLIGHTS * Crowdstrike CRWD.O : Rosenblatt Securities cuts target price to $330 from $350 * First BanCorp FBP.N : Piper Sandler assumes coverage with neutral rating * Kellanova K.N : D.A.
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Reuters - 1 month ago

U.S. Advance Auto Parts, Chewy, Workday

U.S. RESEARCH ROUNDUP-Advance Auto Parts, Chewy, Workday Aug 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Advance Auto Parts, Chewy and Workday, on Friday. HIGHLIGHTS * Advance Auto Parts Inc AAP.N : JP Morgan cuts target price to $43 from $55 * Chewy CHWY.N : Piper Sandler raises to overweight from neutral * Intuit Inc INTU.O : Jefferies raises target price to $790 from $770 * Williams-Sonoma Inc WSM.N : TD Co
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Reuters - 1 month ago

Advance Auto Parts Says Carlyle Group To Be Required To Pay To Co Termination Fee Of $90 Million Under Some Circumstances

BRIEF-Advance Auto Parts Says Carlyle Group To Be Required To Pay To Co Termination Fee Of $90 Million Under Some Circumstances Aug 22 (Reuters) - Advance Auto Parts Inc AAP.N : ADVANCE AUTO PARTS -CARLYLE GROUP TO BE REQUIRED TO PAY OR CAUSE TO BE PAID TO CO TERMINATION FEE OF $90 MILLION UNDER SOME CIRCUMSTANCES Source text for Eikon: [ID:n000119
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Reuters - 1 month ago

Wall St ends lower as tech shares weigh; Jackson Hole in focus

US STOCKS-Wall St ends lower as tech shares weigh; Jackson Hole in focus Weekly jobless claims inline with expectations Treasury yields gain as recession worries wane Zoom gains on lifting FY revenue forecast Indexes down: Dow 0.43%, S&P 500 0.89%, Nasdaq 1.67% Updates to 16:05 EDT By Stephen Culp NEW YORK, Aug 22 (Reuters) - All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank official
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Reuters - 1 month ago

Wall St ends lower as tech shares weigh; Jackson Hole in focus

US STOCKS-Wall St ends lower as tech shares weigh; Jackson Hole in focus Weekly jobless claims inline with expectations Treasury yields gain as recession worries wane Zoom gains on lifting FY revenue forecast Updates to market close By Stephen Culp NEW YORK, Aug 22 (Reuters) - All three major U .S. stock indexes l ost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank officials convened at the Jackson Hole Economic Symposiu
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Reuters - 1 month ago

U.S. STOCKS NetEase, Wolfspeed, B. Riley

BUZZ-U.S. STOCKS ON THE MOVE-NetEase, Wolfspeed, B. Riley Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell in volatile trading on Thursday, as rising Treasury yields pressured stocks ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole that could offer clues on the possibility of a rate cut next month.
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Reuters - 1 month ago

U.S. STOCKS Evogene, Stryker, Opera

BUZZ-U.S. STOCKS ON THE MOVE-Evogene, Stryker, Opera Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell in volatile trading on Thursday, as rising Treasury yields pressured stocks ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole that could offer clues on the possibility of a rate cut next month.
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Reuters - 1 month ago

Advance Auto Parts shares fall on 2024 revenue, profit forecast cut

BUZZ-Advance Auto Parts shares fall on 2024 revenue, profit forecast cut Updates ** Advance Auto Parts' AAP.N shares fall 17.5% to ~$ 51, after gaining 10.8% i n premarket trading ** Com pany cuts F Y24 E PS forecast to $2 to $2.5, down from prior expectation of $3.75 to $4.25 ** AAP also cuts FY24 revenue forecast and now expects $11.15 bln to $11
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Reuters - 1 month ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Evolent Health, CME Group Aug 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Thursday: ** Evolent Health EVH.N is in talks with private equity firms and other companies for a potential sale, in a process that kicked off after the healthcare services provider received inbound interest, people familiar with the matter said.
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Reuters - 1 month ago

Advance Auto Parts Inc reports results for the quarter ended in June - Earnings Summary

Advance Auto Parts Inc reports results for the quarter ended in June - Earnings Summary Advance Auto Parts Inc AAP.N reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $1.44. The mean expectation of twenty four analysts for the quarter was for earnings of 94 cents per share.
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