FedEx (FDX) missed the delivery of another Huawei Technologies package to the US just weeks after the delivery giant was charged with wrongful delivery of the Chinese telecom equipment maker’s parcels in late May. The package in question contained a Huawei phone, which was being sent from the UK to the US.
David Tepper’s Appaloosa Management’s top buys in the first quarter were Micron Technology (MU), Lam Research (LRCX), Wells Fargo (WFC), UBS (UBS), and Allergan (AGN).
The consensus target price for DWDP is $80.20 for the next 12 months, implying a return potential of 13.2% over the closing price of $70.85 on November 20, 2017.
About 70% of the analysts covering Sherwin-Williams (SHW) have recommended a “buy” for the stock, and 30% have recommended a “hold.” None of them have recommended a “sell.”
After Albemarle (ALB) posted its 3Q17 earnings, 20 analysts have been actively tracking the stock. About 45% of them have recommended a “buy” for the stock.
As of May 9, about 33% of the analysts recommended a “buy” for International Flavors & Fragrances, 60% recommended a “hold,” and 7% recommended a “sell.”
Deutsche Bank (DB) reported its fourth quarter earnings on February 2, 2017. The distressed bank reported 4Q16 losses of 1.9 billion euros, which missed analysts’ forecasts.
Gorman was disappointed with the UK’s decision to leave the European Union. The UK’s referendum had some immediate effects on the markets (VGK) (HEDJ).
As of December 14, 2016, about 50.0% of the analysts tracking Albemarle stock have recommended a “buy” for the stock. The other 50.0% have recommended a “hold.”
Deutsche Bank could be the biggest beneficiary under Trump, having been on the brink of bankruptcy until its stock spiked nearly 20% after the election.
Deutsche Bank’s (DB) shares are currently trading at distressed valuations. The bank’s shares are trading at the steepest discount to its book value, worse than the 2008 financial crisis.
Deutsche Bank’s (DB) cost-cutting measures had some positive impact on the company in 3Q16, but it still has a long way to go. During the quarter, operating expenses fell 50% to 6.5 billion euros.
In a worrying move for investors, Fitch Ratings put Deutsche Bank (DB) under review for a possible downgrade. The commercial credit rating agency cited challenges resulting from a sluggish business environment as the rationale for this move.
Although the industrials sector has done well for AEDAX, the remaining top three invested sectors have been quite substantial negative contributors—especially the consumer discretionary sector.
About 63.0% of the 19 analysts covering DOW stock have recommended a “buy,” while the remaining 37.0% have recommended a “hold.” None of them have recommended a “sell.”
Analysts’ recommendations As of October 12, 2016, 16 brokerage firms were tracking Sherwin-Williams’ (SHW) stock. All of the brokerage firms have revisited their recommendations after the announcement of the company’s 2Q16 earnings on July 21, 2016. 56% of these analysts have rated the stock as a “buy” and 44% rated the stock as a “hold.” […]
Of the two analysts surveyed by Bloomberg, one gave Icahn Enterprises a “buy” rating. The other gave a “hold.” They have given IEP a price target of $56.5.
Investment-grade corporate bonds worth $51.5 billion were issued in the primary market in the week to August 5, 2016. High-grade issuance was $32.7 billion the previous week.
Deutsche Bank is proving to be the most dangerous bank to the global economy. It failed the Fed’s stress test in June, and its stock has fallen 45% YTD.
The Invesco European Growth Fund’s two top invested sectors—financials and consumer discretionary—have been the biggest negative contributors to its returns.
The USAA International Fund (USIFX) is right in the middle of the pack as far as its point-to-point returns for YTD 2016 are concerned—it is placed sixth.
Investment-grade bond yields fell slightly for the week ending May 27 after Fed Chair Janet Yellen stated that a rate hike would be appropriate in the coming months.
Deutsche Bank’s operating expenses declined significantly in 1Q16 as the bank continued to cut litigation expenses. Non-interest expenses were 2.4 billion euros, 34% lower year-over-year.
BIAHX fell 1.1% in 1Q16, ranking it third among the 12 funds in this review. In the past one year, the fund posted small gains of 0.2%, which again placed it third in its peer group.
Assets of AEDAX were invested across 69 holdings as of March 2016. That’s one less than a quarter ago. It was managing assets worth $1.6 billion as of the end of March.
Of the 27 analyst recommendations for IBM stock, 56% were “hold” as of April 19, 2016. Analyst expectations haven’t changed much after the 1Q16 earnings announcement.
For 2016, analysts expect Deutsche Bank to report earnings of 1.4 euros per share and net income of 2.1 billion euros. They expect revenues for 2016 to be 31.8 billion euros.
Viacom is attempting to move away from Nielsen ratings. This month, Viacom entered into a multiyear agreement with comScore (SCOR) for audience measurement across multiple platforms.
AEDAX’s standard deviation, or the volatility of returns, in the one-year period until March 15, 2016, was much lower than the STOXX Europe 600 Index and the peer group’s average.
Year-to-date, Deutsche Bank shares have lost 17.7% of their value. Among the 37 analysts following the stock, only eight assigned “buy” ratings to the stock.
Deutsche Bank reported losses of 2.1 billion euros for 4Q15. For fiscal 2015, Deutsche Bank lost 6.8 billion euros—its first loss since the financial crisis in 2009.
Deutsche Bank (DB) did away with bonus payments to its ten-member board for 2015 as a “matter of justice” due to mounting legal expenses and huge losses in 2015.
The iShares MSCI Europe Financial Sector ETF (EUFN) seeks to track the performance of an index composed of developed market European (FEZ) equities in the financials sector.
Deutsche Bank shares trade at a PE multiple of 5.2x. UBS, Credit Suisse (CS), and Barclays (BCS) are trading at price-to-earnings multiples of 8.3x, 4.9x, and 6.1x, respectively.
