Transocean (RIG) beat earnings forecasts and probably has enough cash but Jefferies analyst Eduardo Royes and team still consider its stock to be a bigger risk when compared to its peers (I’m guessing they mean Diamond Offshore Drilling (DO), Noble (NE) and Ensco (ESV), among others). They explain why:
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Wells Fargo’s Bonnie Herzog and team argue that Starbucks’ (SBUX) partnership withAnheuser-Busch InBev (BUD) to bottle and sell tea will “transform the tea market much like Starbucks did with coffee.” They explain:
StarbucksTo Enter Fast Growing, Premium Ready-to-Drink (RTD) Category withAnheuser Busch Inbev Partnership Starbucks announced....More>>>
Dillards (DDS) fell more than 5% during after-hours trading, joining the list of retailers being done in by disappointing fiscal first quarter financial results.
At $2.17 a share, first quarter earnings fell more than expected, coming in 40 cents below the Capital IQ consensus of $2.57. Net revenue (which includes Dillards construction business) fell 4.5% to $1.5 billion, just missing the....More>>>
Susquehannas Pablo Zuanic takes a look at consumer food companies in the wake of Brexit, and writes that Coca-Cola Enterprises (CCE), Mondelez (MDLZ) and SodaStream (SODA) have the most exposure to the British pound and euro, which are falling today.
For bargain hunters, he recommends Mondelez over CCE, given soda taxes and the fact that Cokes (KO) 48%....More>>>
That’s how Citigroup’s Paul Lejuez and team described Tiffany’s (TIF) fourth-quarter earnings and 2016 guidance in a note this morning:
Adj EPS of $1.46 vs cons and our $1.40. Comps -5% worldwide (constant Fx, in line with Holiday results), with the Americas -8% (in line with Holiday), Europe -3% (Holiday -2%), Japan +10% (in line with Holiday), and....More>>>
Whether youre traveling for business or for pleasure, youre probably spending a lot. So why not get a little extra something for yourself at no cost? Many hotel freebies can be found in plain sight in your room. Others you might have to ask for, but theyre there for the taking. A smile and a polite request can be all thats needed to enjoy them.
SEE ALSO: 64 Valuable Things You Can Get for....More>>>
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Ask any political junkie, and they’ll tell you that the 2016 presidential campaign has been one of the strangest they’ve ever experienced. The rise of billionaire/reality TV star Donald Trump and Vermont Senator Bernie Sanders, the wild and woolly TV debates, and how wrong the pundits have been at predicting anything has been unprecedented.
See Also: How the Presidential Election....More>>>
Tesla Motors (TSLA) tweeted that orders for its mass-market Model 3, which was unveiled last week, hit 325,000 cars. The insane amount of demand has led many observers to question whether Tesla can make that many cars quickly enough. Global Equities Research’s Trip Chowdhry says the bears have it all wrong:
Blue-chip stocks in the U.K. ended Tuesdays session with a minor loss, as investors sold shares of London-listed heavyweights HSBC PLC and BHP Billiton PLC after disappointing financial updates from the bank and the miner.
That made for a lackluster ending for the Londons top-flight benchm
Ryerson Holding Corp (NYSE:RYI) – Equities research analysts at Jefferies Financial Group lifted their Q2 2018 earnings per share (EPS) estimates for Ryerson in a note issued to investors on Tuesday, July 10th. Jefferies Financial Group analyst S. Rosenfeld now forecasts that the
Polymet Mining Corp (NYSEAMERICAN:PLM) (TSE:POM) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,483,743 shares, a growth of 22.8% from the May 31st total of 1,208,433 shares. Based on an average daily trading volume, of 731
The Manufacturers Life Insurance Company cut its stake in International Paper Co (NYSE:IP) by 20.8% during the first quarter, Holdings Channel reports. The fund owned 400,311 shares of the basic materials company’s stock after selling 105,189 shares during the quarter. The Manufacturers Li
Aluminum Corp. of China Limited (NYSE:ACH) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating, tw