Bernstein sees growth opportunity, initiates BYD at Outperform
Bernstein has initiated coverage of Chinese automaker, BYD Co (HK:1211) with an Outperform rating and set a 12-month price target…
UBS to absorb Credit Suisse’s Securities Research offering
(Reuters) -UBS will absorb Credit Suisse’s Securities Research service later this month, wrapping the business into its own research operations,…
‘Very possible’ Nvidia selloff could bring the whole market down, warns Rob Arnott
NVIDIA Corporation’s (NASDAQ:NVDA) market valuation is “a textbook story of a Big Market Delusion,” according to Rob Arnott, the founder…
Investors lower outlook for consumers as student loans, credit card debts pile up
(Reuters) -Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even as…
AllianceBernstein upgrades Lululemon rating, citing “normalizing” expectations
Lululemon Athletica ‘s (NASDAQ:LULU) stock will be aided as expectations for the athletic apparel maker begin to account for its…
Ford delays European Explorer production
On Monday, Ford Motor (NYSE:F) shared that they’re pushing back the production of their long-awaited Explorer SUV in Cologne by…
Analysis-FTC settlement could shelter Amgen from US price cuts, taxes
(Reuters) – The U.S. Federal Trade Commission’s decision on Friday to allow Amgen (NASDAQ:AMGN)’s takeover of Horizon Therapeutics (NASDAQ:HZNP) was…
Wall St eyes lower open as yields rise, China data weighs
(Reuters) -Wall Street’s main indexes were poised for a lower open on Tuesday as higher Treasury yields weighed on major…
China’s auto workers bear the brunt of price war as fallout widens
(Reuters) – As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to…
Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
(Reuters) – Shell (LON:SHEL) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run…