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Intel 'Reloading' For Next Acquisition? This Analyst Thinks So
Wednesday, December 30, 2015 - 12:08pm | 390Intel Corporation (NASDAQ: INTC) shares have appreciated 17.52 percent in the last three months, from $30 on October 1. Deepon Nag of Macquarie Research has maintained a Neutral rating on the company, with a price target of $34. Intel closed its acquisition of Altera Corporation (NASDAQ:...
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Why Did Marriott Really Buy Starwood?
Tuesday, December 29, 2015 - 11:56am | 351Shares of Marriott International Inc (NASDAQ: MAR) have appreciated 5.62 percent over the past three months, while those of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) are up 9.31 percent during the same period. Chad Beynon of Macquarie Research has maintained a Neutral rating...
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Global Payments Just Acquired Heartland Payment Systems; Here Is What Wall Street Is Saying
Wednesday, December 16, 2015 - 3:53pm | 678Shares of Global Payments Inc (NYSE: GPN) plunged by more than 11 percent, while shares of Heartland Payment Systems, Inc. (NYSE: HPY) gained more than 10 percent. Global Payments announced after Tuesday's close it will acquire Heartland Payment for $4.3 billion, or $100 per share....
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Wall Street Thinks DreamWorks Can Crack China
Wednesday, December 9, 2015 - 11:01am | 350Dreamworks Animation Skg Inc (NASDAQ: DWA) shares have appreciated 16.51 percent over the past three months to $24.70 on December 8. Macquarie’s Amy Yong has maintained an Outperform rating on the company, with a price target of $30. Yong believes that the company has the ability to...
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Monsanto Considering Acquiring Syngenta? Here's Why A Deal Makes Sense
Wednesday, November 18, 2015 - 2:46pm | 524Media outlets reported on Tuesday that Monsanto Company (NYSE: MON) is considering a new bid to acquire rival Syngenta AG (ADR) (NYSE: SYT). Monsanto hosted its biennial investor event on Tuesday and Wednesday. Analysts at Macquarie and Deutsche Bank are both positive on agriculture consolidation...
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America Movil Downgraded At Macquarie, Brazil Upside Not Here For A While
Tuesday, November 17, 2015 - 12:08pm | 336Shares of America Movil SAB de CV (ADR) (NYSE: AMX) have declined 28.58 percent year-to-date, reaching a low of $16.01 on November 16. Kevin Smithen of Macquarie Research has downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $20.00 to $18....
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Don't Look Now, But Nuclear Power Is Coming Back
Monday, November 2, 2015 - 3:38pm | 326Stefan Ljubisavljevic of Macquarie Research commented in a note that nuclear power has been "making a quiet comeback." Ljubisavljevic added that total output this year is expected to be the strongest since 2011. The analyst suggested that capacity growth in Asia will ensure the recent trend of...
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Electronic Arts Investors Need To Know These Two Words
Friday, October 30, 2015 - 11:28am | 292Electronic Arts Inc. (NASDAQ: EA) shares have appreciated 60.53 percent year-to-date, reaching a high of $76.77 on October 28. Macquarie’s Ben Schachter has maintained an Outperform rating on the company, while raising the price target from $82 to $83. Schachter believes that the...
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Toshiba Could Be 'Gatekeeper' In SanDisk Buyout
Wednesday, October 14, 2015 - 11:03am | 409SanDisk Corporation (NASDAQ: SNDK) shares have been declining steadily in 2015 and are 30 percent down from their January 2 level of $97.88. Macquarie Research’s Deepon Nag maintained an Outperform rating on the company, with a price target of $70. A potential deal with Micron or...
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Macquarie Research Looks Into Credit Suisse's Tea Leaves
Wednesday, October 14, 2015 - 10:55am | 256Year-to-date, Credit Suisse Group AG (ADR) (NYSE: CS) has dipped 1.3 percent. Piers Brown at Macquarie Research said that ahead of Credit Suisse's strategy review next week, the firm is likely to announce cost cuts between 1.5 and 2 billion Swiss francs. For Brown, that is about an "evolution...
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Scientific Games Still No. 1, Macquarie Says
Monday, October 5, 2015 - 10:53am | 312Scientific Games Corp. (NASDAQ: SGMS) has seen a year-to-date decline of 21.39 percent in its share price, which hit a low of $9.71 on October 1. Macquarie’s Chad Beynon has maintained an Outperform rating and a price target of $20 on the company. Beynon believes that the company...
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Macquarie Hikes Comcast Estimates, But Can Company Reclaim Pay TV Throne?
Tuesday, September 29, 2015 - 11:35am | 332Shares of Comcast Corporation (NASDAQ: CMCSA) have declined 7.14 percent in the past three months, after having reached a high of $64.50 on July 22. Macquarie’s Amy Yong maintained a Neutral rating on the company, while raising the price target from $62 to $65. Yong expects Comcast...
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Why Monster Worldwide Has 'Monstrous' Intrinsic Value
Tuesday, September 29, 2015 - 9:40am | 283Shares of Monster Worldwide, Inc. (NYSE: MWW) have moved up almost 37 percent year-to-date, reaching a high of $8.11 on August 17. Macquarie’s Kevin McVeigh has reiterated an Outperform rating and price target of $10 on the company. McVeigh expects the stock to benefit from the...
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The 'Fog Of War' Is Thickening At Caterpillar
Friday, September 25, 2015 - 9:49am | 380Shares of Caterpillar, Inc. (NYSE: CAT) have declined by almost 29 percent year-to-date. Macquarie’s Sameer Rathod has maintained an Underperform rating on the company, while reducing the price target from $60 to $58. Rathod explained that the Underperform rating was maintained due...
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Wall Street Likes Virtual Reality Despite Absence Of A 'Killer App'
Friday, September 25, 2015 - 8:34am | 368Facebook Inc (NASDAQ: FB) announced during the Oculus Developer Conference on Thursday a 50 percent price cut for the Gear VR (mobile VR solutions) to $99. Gene Munster of Piper Jaffray commented in a note that the VR theme is "building momentum." Ben Schachter of Macquarie stated that 2016 will...