In a recent report, analysts at Societe Generale gave their take on some recent economic data that suggests trouble could be brewing for the U.S. economy. While the Federal Reserve is considering a rate hike, Societe Generale analyst Albert Edwards believes the U.S. economy is headed for a slowdown.
Shares of Netflix, Inc. NFLX 2.05% have surged 42 percent in the past month after the company’s blowout Q4 earnings report in January. Now that the release of the third season of the company’s original series “House of Cards” is less than three weeks away, will the hit show propel the stock even higher? Shareholders…
One of the innovators in mobile payments, Starbucks Corporation SBUX 0.27% finally stopped dragging its heels on becoming Apple Pay-friendly this week when it released the latest update to its iOS app. When Apple Inc AAPL 0.49% launched Apple Pay back in October, Starbucks was listed as one of Apple’s supporting partners. It has taken…
It’s been a rough few months for shareholders of Tesla Motors Inc TSLA 0.44%, and the news didn’t get any better on Wednesday when the company reported disappointing 4Q earnings. The company reported a surprise loss of -$0.13 per share when consensus estimates for the quarter were for net profits of $0.31 per share. Tesla…
Melco Crown Entertainment Ltd (ADR) MPEL 2.91% are on the rise after the company reported 4Q14 earnings. After a rough second half of 2014 for shareholders, the stock is showing signs of life in early 2014 and Thursday’s move up could signal a major technical breakout for the stock.
Apple Inc. AAPL 0.49% was the talk of the day today in the financial world, as the company exceeded a $700 billion market cap for the first time ever. Many analysts praise the potential of Apple’s new Apple Pay mobile payment system, which is already gaining significant momentum as a credit card alternative.
In a recent report, Goldman Sachs analysts gave their take on the current oil price environment and suggested three trades to capitalize on the situation. Despite weak fundamentals in commodity markets, Goldman sees retail money rushing into the space and providing temporary support. Analysts feel that the recent spike in commodity markets provides a selling…
In a recent note, analysts at Deutsche Bank reiterated their Buy rating of AbbVie Inc ABBV 1.75% and explained their stance on the stock going forward. The stock is down about 10 percent over the past two weeks on concerns centered on discounts to the company’s Hepatitis C (HCV) treatment drugs. Analysts see this recent…
In a recent report, analysts at Brean Capital looked into the rapidly-expanding world of restaurant delivery services. In light of the recent acquisitions of delivery service companies by GrubHub Inc GRUB 4.47% and Yelp Inc YELP 0.21%, analysts see the restaurant delivery business continuing to rapidly expand, and they believe merger and acquisition (M&A) activity…
In a recent report, Wunderlich Securities broke down the outlook for restaurant stocks after preliminary data of very strong January same store sales (SSS) numbers. According to Black Box Intelligence, the SSS index grew 6.1 percent in January, its strongest growth rate in six years. SSS numbers grew 3.1 percent year-over-year in December and only…