Todco ( THE) upgraded at Morgan Stanley: THE was upgraded to Overweight, Morgan Stanley said. $50 price target. Estimates also upped, as jack-up rates should soon recover in the Gulf of Mexico.
Stocks tend to outperform after being booted.
A world of rising interest rates is historically not good for retail stocks. This one chart from Morgan Stanley sums it all up.
The entertainment giant's CEO poured cold water over the idea that the judge's ruling in the AT&T-Time Warner merger gave the green light to Comcast's bid for Fox's assets.
The markets didn't like what Fed chairman Jerome Powell said in a speech in Europe on Wednesday. Here are two things that stood out.