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Macquarie Capital Is Bullish On COP, XOM, CVX
Wednesday, June 2, 2010 - 1:37pm | 168Jason Gammel of Macquarie Capital spoke in an interview on CNBC about his favorite picks in the energy sector. He has an outperform rating on ConocoPhillips (NYSE: COP), Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX), and he sees a great value in these stocks. Mr. Gammel...
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Macquarie Buys 53 Jetliners From AIG (AIG)
Wednesday, April 14, 2010 - 6:15pm | 123Macquarie Group Ltd. has announced its purchase of 53 jetliners. Macquarie will buy these jetliners from American International Group Inc.’s (NYSE: AIG) aircraft leasing subsidiary. The company will pay $1.99 billion for the jetliners. According to MarketWatch, the deal will see the Australia...
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Macquarie Capital still Nuetral on Bank America (BAC)
Thursday, March 4, 2010 - 2:51pm | 141In a Mar. 2, analyst report - Macquarie Capital is reiterating its neutral rating on Bank America (NYSE: BAC) with a price target of $17 “We remain on the sidelines as we believe fundamentals remain challenged and valuation is not yet compelling based on our view of "norm" EPS power of $2.32....
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Impact Of Proposed Legislation On Banking Sector
Friday, January 22, 2010 - 1:59am | 125President Obama’s new proposed regulation for the banking sector has sent chills throughout the market. Talking with CNBC, David Trone of Macquarie Capital said that he expects the markets to react negatively to the news. He also said that he sees slim chances of the passage of the bill and...