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Macy's Crashed Following Its Troubled Outlook: Are Analysts Bullish?
Thursday, November 12, 2015 - 11:43am | 1102Read More...Shares of Macy's, Inc. (NYSE: M) plummeted to new 52-week lows of $39.75 on Wednesday after the company reported a downbeat third quarter and also lowered its full year outlook. Macy's stock hasn't dipped below the $40 per share mark since February 2013. With shares trading...
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Facebook's Q3 Earnings Impressed Investors - Was Wall Street Equally Impressed?
Thursday, November 5, 2015 - 10:27am | 1013Read More...Shares of Facebook Inc (NASDAQ: FB) eclipsed its prior 52-week high of $105.12 after the company reported its third-quarter results on Wednesday. Facebook earned $0.57 per share in the third quarter on revenue of $4.5 billion, while analysts were looking for $0.52 per share and $4.37 billion...
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Easy As 1-2-3: The New Google Is Here, And Wall Street Is Hot And Heavy
Friday, October 23, 2015 - 10:38am | 796Read More...Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) surged to new 52-week highs of $730.00 on Friday morning. Alphabet reported a top and bottom line beat in its third-quarter results. Analysts for the most part maintained a bullish stance following the print. Here is a summary of...
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Macquarie Says It's 'Too Early To Call The Bottom' On Macau, Recommends MGM
Thursday, September 3, 2015 - 12:52pm | 338Read More...Macau's gross gaming revenue (GGR) fell 36 percent year-over-year in August to MOP 18.6 billion, marking the fifteenth straight monthly decline and prompting Chad Beynon, Macquarie Capital's gaming analyst, to state that it is "too early to call the bottom." Some Numbers Beynon continued by...
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Macquarie's New Telecom Top Pick? Frontier Communications
Thursday, September 3, 2015 - 11:13am | 264Read More...In a report published Thursday, Macquarie Capital analyst Kevin Smithen named Frontier Communications Corp (NASDAQ: FTR) his new top idea through year-end following the company's 8k release on Wednesday. Smithen noted that Frontier Communications' 8k release with its second-quarter...
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Macquarie Analyst Downgrades Union Pacific, Upgrades Kansas City Southern: What You Should Know
Thursday, August 20, 2015 - 8:05am | 395Read More...Macquarie Research had noted in an earlier report that there was downside to rail growth expectations in view of the upcoming gas capacity in 2017-2018. Having incorporated the estimated impact, Macquarie's Cleo Zagrean said that the rail forecasts indicated "a convergence of LT EPS growth in the...
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Why You Should Dump Verizon If Dish, T-Mobile Merger Goes Through
Thursday, June 4, 2015 - 4:02pm | 400Read More...The Wall Street Journal recently reported that DISH Network Corp (NASDAQ: DISH) is in talks with T-Mobile US Inc (NYSE: TMUS) for a possible merger, following which shares of both the companies opened strong on Thursday and were trading higher. Kevin Smithen, Macquarie Capital analyst, was on...
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Macquarie Offers Take On U.S. Online Travel Group
Thursday, June 4, 2015 - 1:58pm | 351Read More...In a report published Thursday, Macquarie Capital analyst Tom White analyzed paid and organic search listings on Google.com for over 180 vacation rental markets globally. "The online vacation rental industry is transitioning from a listing/subscription-based revenue model and offline...
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Macquarie Discusses Hurricane Season And Stock Plays
Monday, June 1, 2015 - 8:39am | 506Read More...In a report published Monday, Macquarie analyst Amit Kumar discussed the 2015 Atlantic Hurricane season, noting that a decade has passed since a land-falling Florida hurricane has struck. "To give you some perspective of how much time has elapsed since then, SPX was trading at 1248 at year...
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How Yahoo Is Using Tumblr To Increase Revenue
Monday, June 23, 2014 - 11:50am | 615Read More...Yahoo (NASDAQ: YHOO) CEO, Marissa Mayer wants to reverse the company’s decline in advertising revenue. She thinks the best way to do it is through a stable of digital magazines on a variety of topics including food, technology, movies and travel. Mayer’s goal is to get people...
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UPDATE: Macquarie Capital Downgrades The Mosaic Company On Near-Term Pain, Long-Term Gain
Thursday, May 22, 2014 - 8:06am | 135Read More...In a report published Thursday, Macquarie Capital analyst Andrew Russell downgraded the rating on The Mosaic Company (NYSE: MOS) from Outperform to Neutral, and lowered the price target from $55.00 to $52.00. In the report, Macquarie Capital noted, “We downgrade our rating on MOS to Neutral (from...
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JPMorgan Earnings Preview: Don't Expect Any Surprises
Thursday, April 10, 2014 - 12:06pm | 690Read More...JPMorgan Chase (NYSE: JPM) will report its first quarter results on Friday, April 11, before market open. The company is expected to earn $1.41 per share on $24.55 billion. The last time JPMorgan reported its earnings was on January 14 when its earnings per share of $1.30 fell short of the...
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UPDATE: Macquarie Capital Initiates Coverage on Casey's General Stores as Expansion Plans Warrant Conservatism
Friday, February 21, 2014 - 10:47am | 134Read More...In a report published Friday, Macquarie Capital analyst Dane Leone initiated coverage on Casey's General Stores (NASDAQ: CASY) with a Neutral rating and $70.00 price target. In the report, Macquarie Capital noted, “Casey's General Stores is a well-run Midwestern chain of convenience stores that...
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UPDATE: Macquarie Capital Initiates Coverage on Susser Petroleum Partners as Unique Asset in Consolidating Industry
Friday, February 21, 2014 - 10:39am | 130Read More...In a report published Friday, Macquarie Capital analyst Dane Leone initiated coverage on Susser Petroleum Partners (NYSE: SUSP) with an Outperform rating and $40.00 price target. In the report, Macquarie Capital noted, “Susser Petroleum partners is a master limited partnership (MLP) formed by...
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UPDATE: Macquarie Capital Initiates Coverage on Susser on Premium Growth Story in Growth Market
Friday, February 21, 2014 - 10:31am | 125Read More...In a report published Friday, Macquarie Capital analyst Dane Leone initiated coverage on Susser (NYSE: SUSS) with an Outperform rating and $75.00 price target. In the report, Macquarie Capital noted, “Susser Holdings' growth strategy is focused on rapid localized growth in Texas and surrounding...
