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Analyst Shows Concerns With 'Impaired LaCroix Sales Growth' For National Beverage
Thursday, November 29, 2018 - 1:48pm | 398The case for turning incrementally bearish on National Beverage Corp. (NASDAQ: FIZZ) remains unchanged heading into the company's fiscal second-quarter earnings print next week, according to Guggenheim. The Analyst Guggenheim Partners' Laurent Grandet maintains a Sell rating on National...
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The Street Reacts To Veeva Systems' Q3 Beat
Thursday, November 29, 2018 - 1:07pm | 686Veeva Systems Inc (NYSE: VEEV), a cloud solution provider for the global life sciences industry, reported Wednesday with third-quarter results that came in better than expected and an encouraging look at the coming fiscal year. The Analysts Morgan Stanley's Stan Zlotsky maintains an...
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Revisiting Apple's iPhone Woes As Stock Dips Into Bear Market Territory
Thursday, November 15, 2018 - 11:19am | 1029Apple Inc. (NASDAQ: AAPL)'s stock has entered bear market territory, with the performance of its newest iPhone models largely to blame. The stock has pulled back by about 20 percent from an Oct. 3 intraday high of $233.47. Apple shares have underperformed since October, having shed...
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Time For Apple's Stock To Enter A 'Period Of Digestion,' Guggenheim Says
Wednesday, November 14, 2018 - 9:45am | 480The bullish case for Apple Inc. (NASDAQ: AAPL) was based expectations for weak iPhone growth to be more than compensated by a jump in iPhone average selling prices. But that story has now passed and the stock is entering a "period of digestion." The Analyst Guggenheim Partners' Robert...
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What To Do With Roku's Stock Following 20% Sell-Off?
Thursday, November 8, 2018 - 1:51pm | 603Roku Inc (NASDAQ: ROKU) reported Wednesday a top-and-bottom-line beat in its third-quarter earnings print, but other metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted. The Analysts William Blair's Ralph Schackart maintains an Outperform...
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The Street Reacts To Netflix's Q3
Wednesday, October 17, 2018 - 11:16am | 908Streaming video platform Netflix, Inc. (NASDAQ: NFLX) reported Tuesday with third-quarter results that initially sent shares soaring higher by more than 10 percent. Here's how some of the Street's top analysts reacted to the print. The Analysts Bank of America's Nat...
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Guggenheim Says McDonald's Is Setting Up Well For 2019, Upgrades Stock To Buy
Wednesday, October 10, 2018 - 1:10pm | 360Investors should consider being buyers of fast food giant McDonald's Corp (NYSE: MCD) given a combination of attractive valuation and expectations for strong momentum in 2019, according to Guggenheim. The Analyst Guggenheim's Matthew DiFrisco upgraded McDonald's from Neutral to Buy with...
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Why Chipotle's Q3 Numbers Will Exceed Tuesday's Mixed Results
Wednesday, July 22, 2015 - 2:39pm | 400Chipotle Mexican Grill, Inc. (NYSE: CMG) reported mixed quarterly revenues on Tuesday after the closing bell. Matthew DiFrisco, Guggenheim Partners analyst, was on CNBC Wednesday to discuss Chipotle's numbers and how resolving the issue of not serving pork at many of its outlets soon will...
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Is Celgene Risking Too Much For Too Little By Partnering With Juno Therapeutics?
Tuesday, June 30, 2015 - 3:55pm | 353Celgene Corporation (NASDAQ: CELG) and Juno Therapeutics Inc (NASDAQ: JUNO) announced a 10-year collaborative partnership for developing and commercializing T-cell immunotherapy. As part of this partnership, Celgene has provided $150 million to Juno in cash and has also bought stake worth in the...
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Guggenheim Partners: Street Expectations Too High For Costco
Thursday, May 28, 2015 - 2:45pm | 364Costco Wholesale Corporation (NASDAQ: COST) reported its latest quarterly results on Wednesday following the closing bell. Net sales for the company increased 1 percent year-over-year to $25.52 billion from $25.23 billion, while diluted EPS for the quarter came at $1.17, compared to $1.07 the...
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Sycamore Continues Talks to Acquire Jones Group
Monday, November 25, 2013 - 4:50pm | 231Sycamore Partners LLC is in advanced talks to acquire The Jones Group Inc. (NYSE: JNY) in the next couple weeks, according to Reuters. KKR & Co LP, a private equity firm, previously partnered with Sycamore to bid for the entity of Jones Group. In September the tentative bid was dropped....
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Court Rules in Favor of Retailers on Debit Card Fee Cap
Thursday, August 1, 2013 - 11:03am | 574In a ruling viewed as a major victory for retailers, U.S. District Judge Richard Leon on Wednesday overturned a Federal Reserve rule placing a cap on debit card fees banks collect from merchants, according to The Washington Post. Retailers had complained that the Federal Reserve had set the cap...