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Remember Jeff Bezos' One-Off Amazon Stock Buy In Late May? Here's How Much The Billionaire Made From The Purchase
Sunday, June 11, 2023 - 9:31am | 434Read More...Amazon, Inc. (NASDAQ:AMZN) founder Jeff Bezos surprised everyone by buying merely one share of the e-commerce retailer in late May. What Happened: Bezos, who ranks third in Bloomberg's Billionaires list, filed a Form 4 on May 26 in which he disclosed the purchase of one Amazon share the day before...
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A Few Things Even The Tesla Bulls Still Worry About
Monday, October 9, 2017 - 2:39pm | 788Read More...Bernstein in a note released Monday delved on the disruptive potential of Tesla Inc (NASDAQ: TSLA). The firm is also very bullish on the long-term growth of the market for electric vehicles, which Tesla pioneered. That said, the firm expressed uneasiness over the stock's stellar run up, its...
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Chipotle Issues 2017 Guidance, Some See Price Increases Ahead
Tuesday, June 20, 2017 - 11:21am | 260Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell over 5 percent after the restaurant chain released updated guidance reported on BenzingaPro. Notable Takeaways Food costs are expected to be about 34.2 percent of sales. Marketing/promotional costs are anticipated to rise about 20–30...
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This Media Analyst Makes The Case For Buying Nielsen And Selling Viacom
Thursday, October 6, 2016 - 12:50pm | 406Read More...Todd Juenger, a media analyst with Bernstein, was a guest on CNBC Thursday to share his outlook on the sector. Juenger pointed out that majority of media companies under his coverage make most of their money through TV and operating television networks. Unfortunately, his view of the sector is...
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This Expert Thinks The Street May Be Too High On Apple's Bottom Half
Tuesday, April 26, 2016 - 2:31pm | 306Read More...Toni Sacconaghi of Sanford Bernstein was a recent guest on CNBC's Halftime Report to discuss Apple Inc. (NASDAQ: AAPL) earnings report, which is scheduled to be released after Tuesday's market close. Sacconaghi started off the conversation by suggesting that the Street's estimates for the bottom...
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Why NXP Semiconductors Could Double
Monday, September 14, 2015 - 11:39am | 311Read More...NXP Semiconductors NV (NASDAQ: NXPI) is down more than 15 percent over the past three months. Stacy Rasgon, analyst with Sanford Bernstein, said that NXP Semiconductors has slipped along with general weakness in semis and macro concerns, a decline that is unwarranted. Rasgon also named...
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No Surprise Here: Bill Ackman Is Following Nelson Peltz's Footsteps And Buying Mondelez
Thursday, August 6, 2015 - 3:53pm | 404Read More...Shares of Oreo maker Mondelez International Inc (NASDAQ: MDLZ) opened strong on Thursday on news that activist investor Bill Ackman's hedge fund Pershing Square has acquired a $5.5 billion stake in the company. Ackman is now the second activist investor to acquire a major stake in the company,...
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Analysts Diverge On Celgene's Deal With Juno Therapeutics
Tuesday, June 30, 2015 - 11:37am | 381Read More...Whether Celgene Corporation (NASDAQ: CELG) went too far in its $1 billion development deal with Juno Therapeutics Inc (NASDAQ: JUNO) is a matter for speculation. Celgene unveiled an agreement late Monday in which it will pay Juno $150 million and acquire about $850 million in Juno shares in...
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Why Investors Shouldn't Pay Much Attention To Apple's WWDC: Sanford Bernstein Explains
Monday, June 8, 2015 - 3:18pm | 398Read More...While most analysts are paying close attention to Apple Inc. (NASDAQ: AAPL)’s Worldwide Developers Conference 2015, Sanford Bernstein analyst Toni Sacconaghi doesn’t expects much from it. Sacconaghi was on CNBC recently to discuss why he has low expectations for the event. Won...
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Sanford Bernstein's Toni Sacconaghi: Health Monitoring Capabilities Can Drive Sales Of Apple Watch In The Long Run
Thursday, March 12, 2015 - 8:50am | 397Read More...Toni Sacconaghi from Sanford Bernstein recently wrote a report on Apple Inc. (NASDAQ: AAPL) titled "Could it sell a billion watches?" He was on CNBC Wednesday to discuss what could limit the sales of Apple Watch in the near-term and what could make it a winner in the long run....
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Sanford Bernstein: SanDisk Is Out-Innovating The World
Wednesday, March 4, 2015 - 10:09am | 211Read More...SanDisk Corporation (NASDAQ: SNDK) made a big announcement Tuesday with its launch of a new storage solution for big data, said analysts at Sanford Bernstein. The product, InfiniFlash, offers 512 TB of data storage for hyperscale and enterprise markets at a price of less than $2 per GB of data...
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Sanford Bernstein Analyst On PepsiCo Rumor: 'This Is Not New Thinking About 3G's Strategy'
Wednesday, January 7, 2015 - 12:35pm | 142Read More...Speaking to Benzinga, Sanford Bernstein analyst Ali Dibadj said that a rumor coming from The Wall Street Journal that 3G Capital Partners is interested in acquiring food and beverage companies including PepsiCo, Inc. (NYSE: PEP) is not new thinking about 3G’s strategy. “They...
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Starbucks Will Show Q4 Loss of $2.12 Billion Following $2.7 Billion Fine
Wednesday, November 13, 2013 - 3:13pm | 512Read More...The net result of an arbitrator imposed fine of $2.7 billion on Starbucks (NASDAQ: SBUX) in a contract dispute with Kraft (NASDAQ: KRFT), will be a fourth-quarter operating loss of $2.12 billion, according to Reuters. Prior to the arbitrator’s decision, the company had reported a 34 percent...
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Apple's Worst Nightmare Comes From an Unlikely Source
Thursday, January 5, 2012 - 2:51pm | 1537Read More...Forget about the so-called superphone that Microsoft (NASDAQ: MSFT) is rumored to be developing. Forget about Samsung and HTC, whose iPhone knock-offs have propelled Google's (NASDAQ: GOOG) mobile OS into the realm of mainstream success. Forget about everything you know regarding iPhone...
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HTML5 Could Kill the App Store By 2015
Monday, September 12, 2011 - 12:15pm | 381Read More...Was this Apple's plan all along? Today, the Mac and iPhone maker hates compact discs and DVDs. The company is so determined to get us off traditional software that it is practically forcing consumers to buy Mac OS X Lion online. Tomorrow, Apple (NASDAQ: AAPL) is going to hate downloads. This is...
