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Fintech Focus For March 11, 2021
Wednesday, March 10, 2021 - 10:42pm | 1745Quote To Start The Day: Doing something unimportant well does not make it important. Source: Tim Ferriss One Big Thing In Fintech: A provisional report from data and research group CB Insights indicates that we’re not merely in a warm period for fintech funding — we are in a period of...
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Viacom, CBS Are Better Off Apart, Says Rosenblatt Securities
Tuesday, January 16, 2018 - 10:21am | 468The on-again, off-again merger talks between Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS) have resumed, according to a report from TheWrap last week. The Analyst Rosenblatt Securities' Alan Gould maintains a Sell rating on Viacom's stock with no assigned price...
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BTIG Upgrades Viacom As Redstone Initiates Regime Change
Thursday, June 16, 2016 - 4:16pm | 207Earlier Thursday, Sumner Redstone's National Amusements ousted five directors -- including CEO Philippe Dauman -- from Viacom, Inc. (NASDAQ: VIAB)'s board. BTIG upgraded Viacom to Buy, citing a regime change as the main driver of their promotion. Investors lost confidence in Dauman...
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Redstone's Iyer: Short Micron, Still Headwinds
Thursday, March 31, 2016 - 12:49pm | 274Despite a 61.7 percent selloff in the past year, Redstone analyst Jagadish Iyer believes Micron Technology, Inc. (NASDAQ: MU) is still facing some stiff headwinds. Micron's most recent quarterly earnings report included weak revenue on a 9.0 percent quarter-over-quarter decline in DRAM, a 10....
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SunEdison Semi Downgraded At Macquarie, At Odds With Redstone Analyst
Thursday, March 10, 2016 - 11:56am | 329Sunedison Semiconductor Ltd (NASDAQ: SEMI) is down more than 5 percent on the day following Wednesday's earnings release and call. Prior to the release, Redstone upgraded the company from a previous Sell rating to Positive, while increasing the price target from $6.50 to $13. The firm...