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Tommy Wiles Barclays analysts say out-of-stock problems at Whole Foods are hurting the grocery chain’s sales and making it less of a threat to other grocers. “Until execution issues are resolved and broader price cuts are implemented — we believe traction on sales will stall, so for now the pressure on the industry has abated,” […]
THEY are not extinct, nor even on the endangered-species list. But company analysts, once among the most prestigious professionals in the stockmarket, are being culled. New European rules, with the catchy name of MiFID2, have just dealt analysts another blow. A study by Greenwich Associates estimates that the budget for the research they perform may […]
Salesforce Salesforce shared updated revenue projections with a select group of analysts on Thursday. The company aims to have $ 40 billion in revenues by 2028, and $ 60 billion in revenues by 2034, according to a slide presented by chief technology officer and co-founder Parker Harris. Salesforce asked one analyst to take down a photo […]
BI Graphics Business Insider recently published the Rising Stars of Equity Research, a comprehensive list of Wall Street’s brightest young sell-side analysts. We spoke to dozens of finalists, all under 35 years old, about the stock market, their careers, and what has helped propel them to success at such a (relatively) young age. One thing […]
Apple faces exactly the same problem with the iPhone as it did with the iPad — people are hanging onto older models for longer. That’s a problem for Apple’s profits and stock price as long as the company primarily relies on selling hardware. A leading Apple analyst thinks the company could make its stock more […]
REUTERS/Stefano Rellandini/File Photo Credit Suisse hired two top research analysts away from UBS. Doug Mitchelson joins the bank as managing director in equity research covering the media, cable/satellite, and telecommunications sectors. Brian Russo joins as a vice president working in the same sector. The bank has now hired at least six managing directors in research from UBS […]
Facebook/Under Armour Under Armour slashed its outlook after disappointing third-quarter earnings. This has GlobalData Retail’s managing director, Neil Saunders, proclaiming that “the days of glory” are over for Under Armour. Still, Saunders says that the company is “not so broken that it cannot be fixed.” Under Armour just announced its third-quarter earnings, confirming what analysts […]
It is two years since Russia launched its military operation to fight terrorists in Syria at the request of Damascus. Analysts say that this move was crucial in saving the Middle Eastern country from falling into the hands of jihadists. Russia launched its aerial campaign in Syria at the official request of the Syrian government […]
WHAT is the right way to invest for the long term? Too many people rely on past performance, picking fund managers with a “hot” reputation or backing those asset classes that have recently done well. Just as fund managers cannot be relied on to be consistent, returns from asset classes are highly variable. The higher […]
Michael Kovac/Getty Images for Vanity Fair A Wall Street analyst upstaged Snap CEO Evan Spiegel on the company’s Q2 conference call thanks to a classic “hot mic” snafu. It happened towards the end of Snap’s 60-minute call on Thursday, lending a comedic, and perhaps fitting, finish to the discussion about the business’ underwhelming performance. Spiegel and Snap exec […]
