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T-REX Scales Across Alternative Financial Markets With Funding Led By Citi, Others
Wednesday, September 4, 2019 - 11:37am | 229Read More...T-REX, a fintech company that facilitates growth in complex sources of wealth, on Wednesday announced a new funding round led by Citi, Westley Group, Viola Fintech, innogy and Macquarie Capital. The funding is expected to accelerate expansion of T-REX’s data management and analytics platform...
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Macquarie: Diageo Poised For Higher American Sales, Market Share
Saturday, December 15, 2018 - 5:01pm | 390Read More...After chatting with the British alcoholic beverage maker Diageo plc (NYSE: DEO)'s management, Macquarie Research maintained its bullish stance on the stock. The Analyst Analyst Caroline Levy maintains an Outperform on Diageo's London-listed stock with an unchanged 31-...
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For Sprint, M&A Talks With T-Mobile Outweigh 'Rocky Fundamentals,' Macquarie Says In Upgrade
Thursday, April 19, 2018 - 8:38am | 434Read More...The on-again, off-again merger talks between Sprint Corp (NYSE: S) and T-Mobile Us Inc (NASDAQ: TMUS) are back on again, according to The Wall Street Journal — which prompted Macquarie Capital to drop its bearish stance on the stock. The Analyst Macquarie's Amy Yong upgraded Sprint...
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3 Potential Paths For Pandora
Saturday, May 20, 2017 - 8:23am | 627Read More...Pandora Media Inc (NYSE: P) is on the market with a 30-day sale goal, and none but Sirius XM Holdings Inc. (NASDAQ: SIRI) seems to notice. Still, the potential union between Pandora and the Liberty Sirius XM Group (NASDAQ: LSXMK) subsidiary, reportedly revisited Wednesday, inspired investors and...
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Rising U.S. Rates Will Hurt The Canadian Dollar This Year
Friday, April 7, 2017 - 12:47pm | 346Read More...The Federal Reserve is expected to continue boosting interest rates throughout the remainder of 2017, and doing so is likely to hurt the Canadian dollar. According to a Bloomberg report, the Bank of Canada isn't expected to match the Fed's rate hikes this year which will put pressure on the "loonie...
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Groupon Morphing Into A Real-Time Marketplace For Local Bargains
Tuesday, October 4, 2016 - 12:03pm | 336Read More...Groupon Inc's (NASDAQ: GRPN) strategy of moving away from emailed deals towards a real-time marketplace for local businesses is the "correct" long-term strategic strategy, at least according to Tom White of Macquarie Capital. White took a deep dive into Groupon's strategy and...
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Sirius XM Counting Down To Competition From Apple CarPlay And The Android Auto System
Thursday, September 22, 2016 - 12:09pm | 308Read More...Sirius XM Holdings Inc. (NASDAQ: SIRI)'s satellite radio is found in 75 percent of all new cars sold today. According to Amy Yong of Macquarie Capital, Sirius' dominance in the car will continue until at least 2020, given its "unique commercial free bundle" that's hard to...
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Macquarie On Dollar General: Well-Positioned With An Attractive Setup
Wednesday, August 24, 2016 - 9:56am | 231Read More...Bob Summers of Macquarie Capital is bullish on Dollar General Corp. (NYSE: DG) ahead of its second quarter results. According to Summers, Dollar General is expected to report a "strong" quarter given its "improving all-around execution" along with a favorable backdrop from a...
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Sprouts Farmers Market Harvested Industry-Leading Comp Sales In Recent Quarter
Monday, August 8, 2016 - 1:34pm | 364Read More...Despite a 15 percent loss in its stock since the start of 2016, Bob Summers of Macquarie Capital argued that Sprouts Farmers Market Inc (NASDAQ: SFM) remains an "attractive long-term growth" story. Sprouts reported its second-quarter results last Thursday. which exceeded Summers' earnings...
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Pokémon GO Helps Bump Nintendo's Market Cap $9 Billion In 2 Days
Monday, July 11, 2016 - 7:16am | 413Read More...Shares of Tokyo-listed Nintendo Co., Ltd (TYO: 7974) (OTC: NTDOY) soared higher on Monday and gained nearly 25 percent as investors cheered the company's new, augmented reality game called "Pokémon GO." Pokémon GO is an augmented reality mobile game that allows players to capture, battle, train and...
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Lions Gate's Expected Summer Success Should Encourage A Strong 2017, Says Macquarie Capital
Tuesday, May 31, 2016 - 3:11pm | 247Read More...Macquarie Capital's Amy Yong raised her price target to $27.00 from $25.00 for Lions Gate Entertainment Corp. (USA) (NYSE: LGF). "Lions Gate is now one of few remaining independent studios and its strategic value will likely continue to rise," Yong said. In lieu of the 10k review, Yong sees a "...
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Experts Are Convinced CIT Group Will Rise 95%, But Not Before This Date
Monday, April 4, 2016 - 8:17am | 305Read More...While some investors expect CIT Group Inc. (NYSE: CIT) to sell its Aerospace business, others believe that other businesses would be sold following this sale. Macquarie’s Vincent Caintic maintained an Outperform rating on the company, while lowering the price target from $65 to $60....
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Why Macquarie Is Downgrading Micron
Thursday, March 31, 2016 - 9:55am | 332Read More...Macquarie’s Deepon Nag believes that while the DRAM industry has the potential to generate sustainably higher cross-cyclical profitability than in the past, there does not appear to be any significant catalysts for Micron Technology, Inc. (NASDAQ: MU) over the next several quarters. Nag...
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HP Enterprise Investors: You're About To Get A $2 Billion Buyback
Thursday, March 24, 2016 - 10:40am | 211Read More...Macquarie’s Rajesh Ghai reiterated an Outperform rating on Hewlett Packard Enterprise Co (NYSE: HPE), with a price target of $22. $2 Billion In Proceeds Ghai mentioned the company had announced “Tsinghua's subsidiary Unisplendour had received approval from the Chinese...
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Here's How Amazon Will Take Over Half Of U.S. E-Commerce Growth
Tuesday, December 22, 2015 - 9:10am | 271Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares have surged 114.12 percent year-to-date, reaching a high of $675.77 on December 16. Macquarie’s Ben Schachter has maintained an Outperform rating on the company, while raising the price target from $740 to $760. Schachter expects the company to...
