For investors hoping that global markets can bounce back from their weak start to 2016, RBS analyst Andrew Roberts has some bad news. In a new report, Roberts says that that things will get much worse from here and urges investors to “sell (almost) everything.”
U.S. auto sales hit a record high 17.47 million in 2015, and the industry appears to be firing on all cylinders heading into this year’s Detroit Auto Show.General Motors Company (NYSE: GM) is also calling for another record-high 18 million sales in 2016.
Bloomberg is now reporting speculation that Twenty-First Century Fox Inc FOXA 2.06% might make a new bid for Time Warner Inc (NYSE: TWX), a story that was reported last week on Benzinga.
One popular metric that technical analysts use to find new trends and measure the strength of those trends is the Aroon Oscillator.
In a new report, Morgan Stanley analyst Stephen Byrd upgraded the Regulated Utilities industry from Cautious to In-Line.
In a new blog post, Bronte Capital analyst John Hempton explores some inconsistencies in Valeant Pharmaceuticals Intl Inc VRX 2.7%’s facts regarding board member Norma Provencio’s involvement in Heartronics/Signalife prior to her tenure at Valeant. After Provencio left Heartronics/Signalife, the company was exposed as a major fraud, and company executive Mitchell Stein went to prison.
Jefferies analyst Jonathan Wolff has updated the firm’s outlook for oil & gas prices and adjusted its ratings on several E&P stocks in the space.
It’s no secret that the disappearance of VIP gamblers has been the core issue dragging down Macau gaming revenue in the past couple of years ever since the government announced a crackdown on corruption.
The global oil market may now be at its most critical point of the entire downturn, and JPMorgan analyst Noah Parquette believes that tanker investors should re-think their strategy headed into 2016.
Only a few weeks after publishing the firm’s 2016 outlook for the S&P 500, Deutsche Bank analyst David Bianco released a new report discussing the downside risk that weak oil prices pose to the firm’s EPS estimates for this coming year.