CLSA

Alipapay's parent company, Ant Financial, was valued at around $60 billion back in April when it raised $4.5 billion. According to a Bloomberg report, Ant Financial's valuation has since risen to $75 billion, which would make the relatively unknown financial firm more valuable than one of the most...

Macau gaming investors got some long-awaited good news at the end of August when the city logged its first positive year-over-year (Y/Y) monthly gaming revenue growth in more than two years. The surprise number triggered a handful of upgrades for Macau gaming stocks, but CLSA analyst Jon Oh urges...

CLSA believes AMC Networks Inc (NASDAQ: AMCX) could deliver revenue growth and adjusted operating cash flow in the second half of the current year. Analysts Vasily Karasyov and Andrew Minora are not worried about the fading audience of "The Walking Dead." The brokerage sees Conviction estimates to...

A plethora of analysts reacted to Oracle Corporation (NYSE: ORCL)'s earnings numbers for the first quarter. For the second quarter in a row, the company delivered weaker-than-expected earnings, thus dampening investor sentiments on the stock. As a result, the stock dropped more than 4 percent on...

Shares of Oracle Corporation (NYSE: ORCL) were trading lower by more than 4 percent on Friday after the company reported its first-quarter results Thursday. According to Ed Maguire of CLSA, Oracle demonstrated improvements in its cloud SaaS and PaaS businesses but were yet again offset by declines...

Wall Street is mixed on Ford Motor Company (NYSE: F) after its Investor Day suggested the automaker is investing in the future at the expense of near-term profitability. But, analysts appear more concerned on near-term performance not future endeavors, further indicating that the stock should be...

With the promotional activity of U.S. carriers becoming incrementally aggressive, CLSA’s Avi Silver expressed increasing comfort with the iPhone 7 cycle. Silver maintained a Buy rating on Apple Inc. (NASDAQ: AAPL), while raising the price target from $120 to $130. “As wireless...

CLSA said the recent CEO change at E*TRADE Financial Corp (NASDAQ: ETFC) suggests there is no sale of the company in the cards for the time being. The firm reiterated its Outperform rating on the shares. E*Trade unveiled several top-level executive changes Monday, including the ouster of Chief...

CLSA’s Caroline Levy reported that the fourth cosmetics survey of Chinese women revealed that the purchase rate of Estee Lauder Companies Inc’s (NYSE: EL) brands remained flat or improved, while desirability and intent-to-switch rates had declined from the very high levels seen in...

CLSA termed Monsanto Company (NYSE: MON)'s deal with Bayer AG (ADR) (OTC: BAYRY) as disappointing. Therefore, analysts Mark Connelly and Brock Harris downgraded Monsanto shares from Buy to Underperform. They have a price objective on the stock of $110 with a 3 percent additional upside potential....

Emmanuel Rosner, an analyst with CLSA, attended Ford Motor Company (NYSE: F)'s Investor Day presentation and presented his analysis in a research report on Thursday. According to Rosner, Ford "expectedly" reiterated its recently revised 2016 guidance and 2017 outlook, which was "well below...

James Lee of CLSA finalized a fact finding channel check mission in China involving cross-border trade e-commerce activity. As a whole, the analyst noted that he came away incrementally positive on Facebook Inc (NASDAQ: FB) for its "opportunity to follow the successful product roadmap of WeChat."...