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A Peek Into The Markets: U.S. Stock Futures Rise Ahead Of New-Home Sales Report
Tuesday, August 23, 2016 - 7:43am | 443Read More...Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on new home sales for July and the Richmond Fed's manufacturing index for August will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average gained 47 points to 18,566.00, while...
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4 Reasons Macquarie Has Moved To The Sidelines On Macy's
Friday, August 12, 2016 - 1:17pm | 405Read More...Macquarie downgraded Macy's Inc (NYSE: M) to Neutral from Outperform as it expects the sales shortfall from the closure of 100 stores could exceed the company's estimate of $1 billion. "We have difficulty in seeing that the 100 store closures will only impact sales by $1B. We are...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher Ahead Of J C Penney Earnings
Friday, August 12, 2016 - 7:26am | 536Read More...Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade, ahead of earnings from J C Penney Company Inc (NYSE: JCP). The Producer Price Index for July and retail sales report for July will be released at 8:30 a.m. ET. Data on business inventories for June and...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher; Michael Kors Issues Weak Outlook
Wednesday, August 10, 2016 - 7:48am | 541Read More...Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Labor Department's JOLTS report for June will be released at 10:00 a.m. ET, while the U.S. Treasury budget data for July will be released at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average...
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Whole Foods: A Victim Of Its Own Success? Health Trend Has Gone Mainstream
Tuesday, July 26, 2016 - 2:40pm | 396Read More...The health conscious trend Whole Foods Market, Inc. (NASDAQ: WFM) helped pioneer may be leading to its downfall. At least that is what Goldman Sachs is saying after downgrading Whole Foods to Sell from its previously held Neutral rating. "Whole Foods is experiencing a competitive barrage, losing...
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A Peek Into The Markets: U.S. Stock Futures Mostly Higher; Verizon To Buy Yahoo's Operating Business
Monday, July 25, 2016 - 7:54am | 531Read More...Pre-open movers U.S. stock futures traded mostly higher in early pre-market trade. The Dallas Fed manufacturing business index for July is schedule for release at 10:30 a.m. ET. Futures for the Dow Jones Industrial Average climbed 43 points to 18,479.00, while the Standard & Poor...
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Nintendo Crashes After Company Admits Pokémon GO Has Limited Impact
Monday, July 25, 2016 - 7:23am | 290Read More...Shares of Tokyo-listed Nintendo Co., Ltd (OTC: NTDOY) plunged more than 17 percent during Monday's trading session after the company released a statement regarding the financial impact the widely-popular Pokémon Go mobile game will have on its consolidated financial forecast....
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Macquarie Explains The 'Investment Twilight Zone'
Monday, July 18, 2016 - 12:53pm | 328Read More...It may be time to throw your investment playbook out the window. According to Macquarie analyst Viktor Shvets, the new era of global economics may have made conventional mean-reversion, macro and momentum investing strategies obsolete. “We believe that investors are residing in a ‘...
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Is Apple The Biggest Beneficiary Of Pokemon GO?
Monday, July 11, 2016 - 10:59am | 436Read More...Nintendo Co., Ltd (ADR) (OTC: NTDOY) is on a roll as its shares climbed more than 41 percent after its mobile game Pokemon GO's chart-topping performance in the U.S. The company has added at least $7.5 billion to its market value in the past two sessions, while volume on Monday was at an...
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Several Milestones Remain Before Freeport-McMoRan Can Turn The Corner
Monday, June 20, 2016 - 5:50pm | 217Read More...Freeport-McMoRan Inc (NYSE: FCX) analyst Anthony Young, of Macquarie Research, offered a reassuring comment on the stock Monday: "Getting Close to Turning the Corner." The note and sentiment followed recent meetings between investors and Freeport CFO Kathleen Quirk. "With the...
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Macquarie's Thoughts On MGM's First Investor Day
Monday, June 20, 2016 - 5:26pm | 176Read More...Despite no change in price target or rating, Macquarie released a note listing reasons why they're incrementally more positive on MGM Resorts International (NYSE: MGM) moving forward. Attending MGM's first ever investor day on June 16, they highlighted reasons why the casino's outlook...
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Cliffs Natural Shares Upgraded To Outperform By Macquarie
Friday, June 10, 2016 - 10:01am | 235Read More...Cliffs Natural Resources Inc (NYSE: CLF) announced the earlier restart of United Taconite and raised its 2016 sales and production guidance to 18mm and 16.5 mm long tons, respectively. Macquarie’s Anthony Young upgraded the rating for the company from Neutral to Outperform, while raising...
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Macquarie Notes Price Gains In USG Holding, Reiterates As Top Idea
Thursday, June 9, 2016 - 5:39pm | 100Read More...Macquarie Research's Mike Wood reiterated USG Corporation (NYSE: USG) as a Top Idea with a price target of $35. The reiteration came after USG announced its wallboard price increase was successfully implemented. "We believe the price increase pertains to roughly 50% of USG's...
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Macquarie Sees Lululemon's Inventory Figures Continuing To Worsen
Thursday, June 9, 2016 - 5:22pm | 197Read More...Macquarie analyst Laurent Vasilescu issued a scathing note on Lululemon Athletica inc. (NASDAQ: LULU) Thursday. The note, which followed lululemon's first-quarter earnings report, showed concern related to the company's consistently growing inventory levels. Vasilescu's note...
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Macquarie's Insurance Pair Trade
Tuesday, June 7, 2016 - 5:40pm | 188Read More...For those that love a good pair trade, take note of Macquarie's insurance note today. The equity research team, in a ode to the late Muhammad Ali, titled their note "Sting like a bee. Buy ALL. Sell TRV." The event that drove them to this recommendation was MarketSCout's May...
