Bank Of America’s 10 Themes Impacting The Economy
In a new report, analysts at Bank of America compiled a list of the top 10 themes that have been impacting the economy in recent weeks. Here’s a breakdown of their list.
Amazon’s Drones Will Hunt You Down
Amazon.com, Inc. AMZN 0.19% has been making headlines for a while now by testing futuristic delivery drones. According to new patent filings, customers might not even need to be at home to have Amazon products delivered: the Amazon drones will track you down.
Barclays’ Outlook For Brokers, Asset Managers And Exchanges
Analysts at Barclays recently released a report discussing their outlook for brokers, asset managers and exchange stocks following a strong Q1 earning season for the group. Barclays reports that between 80 and 90 percent of the names they covered beat earnings estimates in Q1, while only between 50 and 60 percent beat Barclay’s revenue forecasts.
Apple Pay Coming To Las Vegas, But Don’t Bet On It
The Cosmopolitan of Las Vegas resort casino will begin accepting Apple Inc. AAPL 1.02%‘s new mobile payment system, Apple Pay, this summer. Starting in early June, the Cosmopolitan, which is owned by Blackstone Group LP BX 0.21%, will accept Apple Pay payments at the hotel’s front desk, restaurants and bars.
Americans’ Taste In Alcohol Is Getting More Expensive
When it comes to alcoholic beverages, consumers are opting for quality over quantity. Although Americans are going out less, recent data from GuestMetrics, a firm which surveys over 6,000 bars and restaurants, shows that consumers are spending more on high-priced beer, wine and spirits.
How Do Big Tech Stocks Compare On Fundamentals?
There was a lot of surprising headlines and major market moves in the tech world this earnings season. Now that most of the big names have reported and the dust has settled, it’s a good time to take a look at how some of the big names compare on market fundamentals. Here’s a breakdown of…
Jefferies Offers Top Contenders For Yelp Takeover
Following the news that Yelp Inc YELP 6.21% management has been exploring a sale of the company, analysts at Jefferies released a report discussing five big-name potential buyers. Jefferies also declares which of the five it sees as the best strategic fit for Yelp.
Rosetta Stone Shares Lack ‘Near-Term Catalyst’
In a new report, analysts at Barrington Research took an in-depth look at Rosetta Stone Inc RST 5.2% following the company’s Q1 earnings results. Analysts call the Q1 performance “mixed” after earnings topped their expectations, but EBITDA and bookings came in below forecasts.
Taxpayers Have Now Made A $22 Billion Profit From Fannie Mae Bailout
Government Sponsored Entity (GSE) Fannie Mae (Federal National Mortgage Assctn Fnni Me FNMA 1.04%) announced this week that its next dividend payment to the U.S. Treasury will total $1.8 billion. Although the payment will be the smallest quarterly dividend that the company has paid the government in five years, U.S. taxpayer profit from the bailout…
How Much Does The Market Value Bill Simmons?
Shares of the Walt Disney Co DIS 0.78% were trading mostly flat on a big up day for the markets on Friday following an announcement by ESPN that it will not be renewing the contract of influential sports personality Bill Simmons. After months of talks between the two parties, they were unable to reach an…