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Exclusive: Morgan Creek's Mark Yusko Isn't A Fan Of General Electric's Buyback
Friday, April 10, 2015 - 1:02pm | 278Mark Yusko was recently a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick.. Yusko is the Founder and Chief Investment Officer of Morgan Creek Capital. He discussed General Electric Company (NYSE: GE)'s announcement of asset sales and a new $50...
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Deutsche Bank: Time To Sell AGCO Corp
Monday, April 6, 2015 - 3:11pm | 321In a report published Sunday, Deutsche Bank analyst Vishal Shah downgraded AGCO Corporation (NYSE: AGCO) to Sell from Hold with a price target slashed to $40 from a previous $48, as the market is "far too optimistic" over the company's 2015 earnings. "In our view,...
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Analyst: Watch The Cash Transfer From Big Oil To Big Airlines
Friday, March 20, 2015 - 11:19am | 488In a report published Friday, Wolfe Research analyst Hunter Keay suggested that after nearly a decade of airlines funding the oil industry, it appears the reverse could happen in 2015. Keya noted that U.S. airlines under his coverage are expected to return $9.9 billion to shareholders through...
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iBond: The Next Big Catalyst For Apple?
Tuesday, March 17, 2015 - 11:38am | 320Kevin Kelly was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Speaking to Benzinga during Tuesday's #PreMarket Prep, Recon Capital Chief Investment...
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American Express Shines In Stress Test, Susquehanna 'Meaningfully' Raise 2016 Estimates
Thursday, March 12, 2015 - 11:00am | 156In a report published Wednesday, Susquehanna Financial Group analyst James Friedman commented that American Express Company (NYSE: AXP) "shined" in its Stress Test and a large share repurchase authorization suggests consensus earnings per share estimates may be too low next year. Friedman noted...
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Apple's Capital Return Plan 'The Most Significant Near-Term Catalyst,' Says Susquehanna
Tuesday, March 10, 2015 - 8:49am | 188In a report published Tuesday, Susquehanna Financial Group analyst Chris Caso argued that the main catalyst for Apple Inc.'s (NASDAQ: AAPL) April conference call will be the discussion around the company's capital return plans, not its new Watch product. Caso estimated that Apple will produce three...
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What General Motors' 10K Hints About 2016, Citigroup Notes
Tuesday, February 24, 2015 - 11:50am | 289In a report published Monday, Citigroup analyst Itay Michaeli commented that in the coming months shares of General Motors Company (NYSE: GM) could re-rate higher due to share buybacks, tech and product improvements. Michaeli noted that an $8 billion share buyback program is "doable...
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Why Shares Of Gilead Sciences Are Trading Higher
Friday, December 26, 2014 - 10:22am | 142Shares of Gilead Sciences, Inc. (NASDAQ: GILD) were trading higher by more than two percent in Friday's pre-market session. The move is being attributed to a possible report by analysts at RBC stating that the company could launch a buyback program of $10 billion or more. Gilead Sciences' $138...
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Banks Authorized to Buyback $30 Billion in Stock After Stress Tests
Friday, March 15, 2013 - 10:06am | 622Thursday evening, the Federal Reserve released the second part of the stress test results for the nation's largest banks and financial institutions. In all, 16 of the nation's 18 largest financial institutions had their stress tests and capital plans approved by the Fed, with two of the 16 having...