Morgan Stanley analyst Charles Rubenfeld released a report this week focusing on the current forex environment. The report included the most recent currency scores on the firm’s FX Positioning Tracker.
Shares of Priceline Group Inc PCLN 0.26% have surged more than 400 percent in the past five years and nearly 5,000 percent over the past decade as the company has become one of the dominate forces in online travel. However, while the S&P 500 has climbed more than 13.6 percent since Priceline hit its all-time…
In a new report, EY analyst Anjani Agrawal discusses the struggling global steel industry. The Market Vectors Steel ETF SLX 2.02% has fallen 45.1 percent in the past year, and steel stocks Unites States Steel Corporation X 3.9%, AK Steel Holding Corporation AKS 3.04% and Cliffs Natural Resources Inc CLF 6.6% are all down between 40 and…
HSBC analyst Andre de Silva recently released a report discussing the rapidly expanding market for sukuk instruments, more commonly referred to as Islamic bonds. The global sukuk market has expanded by an average annual rate of 40 percent since 2000, and it has now reached a size of about $322 billion.
When ConocoPhillips COP 2.32% reported its quarterly financials this week, its Q2 earnings per share (EPS) of $0.07 handily beat earnings consensus estimates of $0.04. However, it’s not the earnings that have a pair of Wall Street firms talking — it’s ConocoPhillips’ deficit spending. Here’s what the firms had to say.
A new report in The Regional Economist by Silvio Contessi focuses on the difficulties of identifying an asset pricing bubble in real time. While it seems easy to identify bubbles such as the housing bubble and the dot com bubble in hindsight, identifying a disconnect between asset price and asset value as it is happening…
While much of the world is looking toward the December release of the latest “Star Wars” movie as the next big catalyst for The Walt Disney Co DIS 0.47%’s stock, Topeka Capital Markets analyst David Miller sees the next big catalyst for Disney coming all the way across the Pacific Ocean from Hollywood.
Last Friday, Volkswagen issued a press release naming 44 critical suppliers for its Future Automotive Supply Tracks (FAST) initiative. Wall Street analysts were particularly interested in two names that appeared on the list, Mobileye NV MBLY 0.1% and Delphi Automotive PLC DLPH 0.86%, and what their inclusion on the list means for the two stocks.
In a new report, Citi Research analyst Itay Michaeli turns the clock forward 15 years to look at the impact that driverless cars will have on the global auto market by 2030. According to Citi’s analysis, the auto industry can expect annual driverless car sales of up to 15.7 million by 2030, and Michaeli sees…
Following last week’s meeting by the Politiburo of China’s Communist Party, Nomura analyst Yang Zhao summarized the key points that Chinese leaders discussed and what he sees as the potential economic impact for China during the second half of 2015. Zhao believes that the tone of the meeting suggests that the “loose policy stance” that…