As the global crude oil supply glut continues to linger, American drivers seem to be doing all they can do to help eliminate the oversupply. According to the most recent data, U.S. drivers are now logging more miles than they ever have.
INRIX, which provides traffic data to high-profile clients around the world, has agreed to acquire ParkMe, a company that provides a “smart parking” service that allows customers to locate, reserve and pay for parking via their smartphones.
According to Citi analyst Willem Buiter, a global recession is now the most likely outcome for world economies in the next few years. In a new report, Buiter discussed what Citi’s Global Economics team sees on the horizon.
As Alibaba Group Holding Ltd BABA 0.33% approaches the one-year anniversary of its record-breaking NYSE IPO on September 19, the stock’s first-day closing price of $93.89 and its all-time high of $120.00 seem like very distant memories for Alibaba shareholders.
A new report by Morgan Stanley analyst Joshua Lu took an in-depth look at how the maturation of more than 415 Chinese Millennial consumers will drastically change global consumer market dynamics for years to come.
Back in June, Miller Tabak + Co., LLC predicted that REITs would see valuation multiple contraction as the market anticipated the first Federal Reserve rate hike. Now, three months later, analyst Thomas Mitchell believes that the multiple contraction is now complete and that REITs are once again fairly valued.
In a new report, Marty Fridson – chief investment officer for Lehmann Livian Fridson Advisors LLC, a wealth management firm specializing in income investing – discussed an alternate formula for estimating market-implied 12-month high-yield default rate. Fridson explained why he believes his formula provides a more accurate default rate estimate than the traditional formula break-even…
Following the company’s latest Q3 and 2015 shipping guidance, Roth Capital Partners has had enough with Yingli Green Energy Holding Co Ltd (NYSE: YGE) and has downgraded the stock to Sell. Analyst Philip Shen believes that Yingli’s debt will continue to weigh on the company’s operations and that it will need to sell assets to…
As the 2016 U.S. presidential election season begins to ramp up, Deutsche Bank believes that now is the time to buy defense stocks. In a new report, analyst Myles Walton discusses the favorable setup for defense stocks ahead of the election.
Jefferies recently initiated coverage on the biotech sector, and analyst Brian Abrahams discusses the firm’s bullish take on the sector in a new report. Biotech has had a solid 2015 so far, but Jefferies sees further upside for a number of biotech names.