While the global economic world remains transfixed on the situation in Greece, Citi Research analyst William Lee believes that the FOMC will continue to focus on improvement in the U.S. economy when it comes to determining U.S interest rate policy.
With the potential for a Greece exit from the Eurozone looming large, Macquarie Research analyst Viktor Shvets released a report on Monday comparing the situation in Greece to the economic situations in China and Puerto Rico. In the report, Shvets addressed concerns that Greece’s economy may be only the first in a series of global…
It’s hard to believe that we’ve already reached the halfway mark of 2015. The stock market has certainly had its fair share of winners and losers during the past six months.
Visa Inc V 0.18% announced on Wednesday that it will join with rivals MasterCard Inc MA 0.3% and American Express Company AXP 0.79% in taking a stand against the underground U.S. sex trafficking industry by blacklisting classified advertising site Backpage.com.
Following new reports that Chesapeake Energy Corp CHK 3.25% subsidiaries are in the process of selling $840 million of Anadarko Basin assets, Wunderlich analyst Jason Wangler took a look at Chesapeake’s continuing efforts to simplify and improve its balance sheet. Wangler believes that opportunistic buyers of Chesapeake’s stock at recent low prices will be rewarded…
In a report released on Thursday from Bank of America, analyst Andrew Didora assesses how the Department of Justice’s recent antitrust investigation against U.S. airline carriers could impact the airline sector. The purpose of the DoJ’s probe is to determine whether airline carriers engaged in indirect price fixing through illegal communication of flight capacity.
Shares of BP Plc BP 3.34% are spiking following the announcement of an $18.7 billion settlement by BP that accounts for all state and federal claims against the oil giant relating to its 2010 Deepwater Horizon oil spill. According to federal authorities, the agreement is the largest U.S. government corporate settlement in history.
The good news for Macau investors continued On Wednesday as UBS released a note upgrading its outlook for the battered Chinese gaming hub. According to UBS analyst Anthony Wong, the firm is now shifting its outlook on Macau from cautious to constructive.
Following the announcement Wednesday by Ambarella Inc AMBA 0.69% that the company has acquired VisLab S.r.l. for $30 million in cash, Stifel analyst Kevin Cassidy released a report breaking down the acquisition and discussing exactly what Ambarella stands to gain from the move.
Shares of Macau casino operators are spiking this week following last Friday’s release of Macau’s gross gaming revenue (GGR) numbers for the month of June. After early indications that GGR numbers for June might fall short of expectations, the 36.2 percent year-over-year GGR decline reported was slightly better than consensus estimates of a 37.0 percent…