Ubiquiti Networks Inc
21st Century Fox’s STAR: A Star in India
Twenty-First Century Fox (FOXA) owns STAR India, India’s (EPI) largest media network. STAR India develops, broadcasts, and produces programming for 51 channels in seven languages in its portfolio.
Fund Flows to XLF Have Been Declining
Exchange-traded fund investors added almost $552.6 million on average to the Financial Select Sector SPDR ETF (XLF) in the last quarter. During the week ending September 25, the ETF witnessed outflows of $318.3 million.
Travis Perkins Rebounded, Led EWU by 5.09%
Travis Perkins was at the top of the iShares MSCI United Kingdom ETF on October 23, 2015, as analysts showed positivity toward the construction industry.
BYND Leads Alt-Meat Market, Faces New Competitors
On Friday, investment bank UBS started coverage on Beyond Meat Stock (BYND). At 10:08 AM ET today, the stock was trading 4.4% lower at $76.5.
Analysts’ Forecast for Marathon Oil after Its 2Q15 Earnings
Wall Street analysts gave target prices for Marathon Oil after its 2Q15 financial results. Evercore ISI gave Marathon Oil a target price of $23.
UK Services PMI, Draghi’s Reassurance Lifted EWU by 0.06%
Mario Draghi, president of the European Central Bank, reaffirmed the ECB’s plan to provide a fresh monetary stimulus in December to boost inflation in the region if needed.
Should You Include Buckeye Partners in Your Portfolio?
Buckeye Partners’ (BPL) outlook looks positive from a long-term investment standpoint. At a broader level, ~54% of analysts rate Buckeye Partners as “hold.”
Face-off: The AMLP ETF versus the MLPI ETN
AMLP has a ~46% total return over the last four years, while MLPI has kept pace with the AMZIX, with total returns of ~76%.
EUFN Is Trending Downwards on Global Growth Worries
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.
Why Are Deutsche Bank Investors So Concerned About AT1 Coupons?
Shares of Deutsche Bank (DB) have fallen nearly 10% in the last three trading sessions. Efforts to reassure investors about its ability to pay coupons on its AT1 bonds were in vain.
The T. Rowe Price European Stock Fund’s September Performance
The T. Rowe Price European Stock Fund (PRESX) fell 3.3% in September 2015 from a month ago. Its performance puts it in the bottom half of our ten funds.
ECB Extends Bond-Buying Program: How Did European Banks React?
Last week, the ECB reduced the key interest rate by 10 basis points to -0.4% and announced plans to increase the monetary stimulus program to 80 billion euros starting in April.
How Will the ATT–DIRECTV Merger Affect the Media Sector?
Late last year, Comcast (CMCSA) stated that the AT&T–DIRECTV merger had created a significant competitor in the cable market.
Why high-grade issuers stayed away from capital markets
Despite favorable market conditions, high-grade corporate bond (AGG) issuance was muted in the week ending August 15. Issuance usually has a seasonal slowdown in July and August. There had also been a surge in primary market issues the previous week.
Ray Dalio’s Bridgewater Associates Has Something Interesting to Say about Brexit
Bridgewater Associates, which is managed by billionaire investor Ray Dalio, has warned its clients that a Brexit win could spread among EU countries.
Immediate Impact of the Brexit Result: Volatility Up, Markets Down
The Brexit results that came out on June 23, 2016, in favor of the Leave vote contributed significantly to market uncertainty and price volatility.
Service Sector’s Contribution Has Been Rising in the UK
Let’s now take a look at specific risks that could arise for businesses as a consequence of Brexit.
Cisco Stock Down 8% on Weak Outlook
Cisco (CSCO) stock fell 8% today after releasing its Q4 results after the market closed yesterday. Cisco reported sales of $13.4 billion, a rise of 6% YoY.
Stanley Black & Decker: Analysts’ Recommendations
Currently, 21 analysts are actively tracking Stanley Black & Decker. Among the analysts, 67% recommend a “buy,” while 33% recommend a “hold.”
Deere: Analysts’ Recommendations
For Deere, 68% of the analysts recommended a “buy,” 32% recommended a “hold,” and none of the analysts recommended a “sell.”
LyondellBasell: Analysts’ Views and Recommendations
For LyondellBasell, 30% of the analysts recommended a “buy,” 65% recommended a “hold,” and 5% recommended a “sell.”
Eastman Chemical: How Much Upside Do Analysts Expect?
Analysts’ consensus on Eastman Chemical indicates a target price of $98.82—a return potential of 25.5% over the closing price as of November 28.
Sherwin-Williams: Analysts’ Recommendations
For Sherwin-Williams, 64% of the analysts recommended a “buy,” 36% recommended a “hold,” and none of the analysts recommended a “sell.”
Why Do Analysts Favor Ashland?
Since the beginning of 2018, the number of analysts tracking Ashland (ASH) has increased from 11 to 12.
PPG Industries: Analysts’ Views and Recommendations
For PPG Industries, 58% of the analysts recommended a “buy,” 48% of the analysts recommended a “hold,” and no analysts recommended a “sell.”
Analysts Are Raising the Target Price of Albemarle Stock
Of the 21 analysts tracking Albemarle (ALB) stock at the end of 2017, 32% recommended the stock as a “buy,” and 68% recommended a “hold.”
What Analysts Recommend for DowDuPont
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.
Why No Analysts Are Recommending a ‘Sell’ for Sherwin-Williams
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.”
Wall Street’s View on Albemarle after 3Q17 Earnings Release
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.
What Analysts Recommend for Eastman Chemical
Analysts’ consensus on EMN’s mean target price is on the rise from $89.92 in July to the current target price of $93.38 as of September 12, 2017.
Chemours: Analysts’ Recommendations and More
For Chemours, 88% of the analysts recommended a “buy,” 12% of the analysts recommended a “hold,” and none of the analysts recommended a “sell.”
Sherwin-Williams: Most Analysts Recommend a ‘Buy’
For Sherwin-Williams, 61% of the analysts recommended the stock as a “buy,” 35% recommended a “hold,” and 4% recommended a “sell.”
Analysts’ View on International Flavors & Fragrances
For International Flavors & Fragrances, 33% of the analysts recommended a “buy,” 60% recommended a “hold,” and 7% recommended a “sell.”
Analysts’ Recommendations for IFF after Its 1Q17 Earnings
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.”
What Analysts Think about IFF ahead of 1Q17 Earnings
As of May 2, 2017, 14 brokerage firms were actively tracking International Flavors and Fragrances (IFF) stock.
What Analysts Recommend for Deere
As of April 4, 2017, 22 brokerage firms were actively tracking Deere (DE) stock.
International Flavors and Fragrances: Wall Street Ratings
As of March 23, 2017, 14 brokerage firms were tracking the International Flavors and Fragrances (IFF) stock actively.
Do Distressed Valuations Mean It’s a Good Time to Buy Deutsche Bank?
Deutsche Bank’s shares are currently trading at distressed valuations.
Why Deutsche Bank Scrapped Dividends in 2016
Germany-based Deutsche Bank (DB) announced plans to cut dividend payments for 2015 and 2016 as part of its plans to strengthen the bank’s capital.
Why Deutsche Bank Closed 2016 with Losses
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.
How Brexit Has Affected Global Markets
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).
Will Deutsche Bank’s Overhaul Plan Work?
Investors who are concerned about Deutsche Bank’s bankruptcy are looking at CEO John Cryan’s plan to restructure the company’s operations.
Deutsche Bank: Analyzing Its Capital Levels
Deutsche Bank is proving to be the most dangerous bank to the global economy. It failed the Fed’s 2016 stress tests in June 2016.
What Analysts Are Recommending for Albemarle
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.”
Can Trump Save Deutsche Bank from Bankruptcy?
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.
Do Distressed Valuations Offer a Good Chance to Buy Deutsche Bank?
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 Capital Levels Struggle to Meet Regulatory Requirements
Deutsche Bank’s stock is down nearly 40% in 2016 so far. Capital reserves are important to restore the confidence of regulators and investors.
Will Deutsche Bank’s Cost-Cutting Measures Reap Benefits?
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.
Why Deutsche Bank Scrapped Its Dividends in 2016
Germany-based Deutsche Bank (DB) cut its dividend payments for 2015 and 2016 as part of its plans to strengthen the bank’s capital.
Fitch Ratings Reviews Deutsche Bank for a Downgrade
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.
Do Deutsche Bank’s Distressed Valuations Provide a Good Opportunity?
Deutsche Bank’s shares are currently trading at distressed valuations.
The Discretionary and Healthcare Sectors Dented AEDAX in 2016
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.
A Look at Analysts’ Views on Sherwin-Williams
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.” […]
How Wealth Management Is Paying Off for Bank of America
The president of Bank of America’s (BAC) Wealth Management arm US Trust highlighted the importance of expanding the wealth management business.
Microsoft Issued the Most High-Grade Bonds Last Week
Microsoft (MSFT) issued Aaa/AAA rated high-grade bonds worth $19.8 billion through seven parts on August 1, 2016.
How’s That Working? Brown Advisory’s Investing Plays in Focus
The Brown Advisory WMC Strategic European Equity Fund Investor Shares (BIAHX) has fallen 1.5% YTD (year-to-date).
Consumer Sectors Weigh on the Invesco European Growth Fund
The Invesco European Growth Fund’s two top invested sectors—financials and consumer discretionary—have been the biggest negative contributors to its returns.
This Sector Bumped Consumer Discretionary from AEDAX’s Top Spot
AEDAX’s assets were invested across 69 holdings as of June 2016, and it was managing assets worth $1.5 billion as of June’s end.
A Look at Netflix’s Programming Strategy
Netflix has stated that it plans to spend $5 billion on original programming in 2016 and over $6 billion in 2017 on a cash basis.
What Explains an Average YTD 2016 for the USAA International Fund?
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.
Could the Brexit Warrant a Monetary Policy Review?
Thomas Jordan, the SWB’s (Swiss National Bank) chief, delivered an unchanged monetary policy. The LIBOR rates were maintained at -0.75%.
High-Grade Bond Yields Rise on Better Odds of a Rate Hike
Last week, investment-grade bond yields jumped 12 basis points and ended at 3.16%, the highest level since April 5, 2016.
Investment-Grade Bond Yields Fell after Yellen’s Hawkish Comments
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.
High-Grade Bond Yields Continue to Go Downhill
According to the BofA Merrill Lynch US Corporate Master Effective Yield, high-grade bond yields averaged 3.6% in January 2016.
How Did Deutsche Bank’s Revenue Turn Out in 1Q16?
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.
Where Did International Data Point in the Week Ended May 6?
Weak US jobs data indicated that hiring was slow in April 2016 due to weak economic growth, low productivity, and soft corporate earnings.
Industrials Helped BIAHX in 1Q16
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.
High-Grade Bond Yields and Spreads Fall to Lowest Levels in 2016
In March, yields fell sharply and averaged 3.44% after the Fed gave a dovish outlook for the next interest rate hike.
Financials Hurt AXEAX in 1Q16
The Columbia European Equity Fund – Class A (AXEAX) fell 3.7% in 1Q16, making it a below-average performer among the 12 funds in this review.
Sector Composition Changes in AEDAX until 1Q16
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.
UBS Group Funding Issued the Most High-Grade Bonds Last Week
UBS Group Funding (Jersey), a subsidiary of UBS Group AG (UBS), issued BBB+ rated high-grade bonds worth $5.0 billion via three parts on March 29.
AEDAX: Volatility of Returns Compared to Its Peers
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.
AEDAX: How Does Its Performance Rank in Its Peer Group?
The Invesco European Growth Fund (AEDAX) is the fifth largest among its peers, with assets worth $1.5 billion under management as of January 2016.
Why Investors Are Nervous About Deutsche Bank’s Solvency
German-based Deutsche Bank’s (DB) shares have been on a roller coaster ride. Shares have fallen nearly 30% in 2016 so far, and news of a share buyback has failed to soothe investors.
A Performance Breakdown of the Wells Fargo Asia Pacific Fund (WFAAX)
In NAV (net asset value) terms, in the one-year period ending in January, the Wells Fargo Asia Pacific Fund (WFAAX) came in eighth place among our nine.
Viacom’s Snapchat Deal Is Hot on the Heels of Falling Ad Revenue
On February 9, Viacom (VIAB) announced a multi-year agreement with Snapchat relating to advertising sales and content production.
Analysts Estimate $18.7 Billion in Revenues for Comcast in 4Q15
According to consensus Wall Street analysts’ estimates, Comcast is expected to have EPS (earnings per share) of $0.82 and revenues of $18.7 billion in 4Q15.
Netflix Explores Different Genres of Programming in 2016
Netflix’s original programming is reaping rewards this awards season. The company is also exploring different genres with its original programming.
Netflix’s Programming Deal with CW Network
Netflix (NFLX) stated in an interview that it’s in the midst of negotiations with the CW Network regarding its programming deal with the network.
How Will Comcast Fare against the AT&T-DirecTV Merger?
Comcast recently stated that the AT&T-DirecTV merger has created a significant competitor in the cable market.
Will Usage-Based Pricing for Comcast High-Speed Internet Continue in 2016?
Comcast (CMCSA) customers are making known their displeasure for usage-based pricing, that is, data caps.
How Comcast’s X1 Platform Is Driving Video Connections for Comcast Cable
X1 is Comcast’s VOD (video-on-demand) platform that offers search and personalised recommendations through Comcast’s cloud computing infrastructure.
Netflix Does Not See More Studio Output Deals after Disney
Netflix is focusing on original programming, and it’s looking to Disney to provide this content. Disney’s ABC Studios struck an original content deal with Netflix in the fall of 2013.
Why Netflix Believes It Isn’t the “Problem” for Media Companies
Netflix acknowledged that there has been a fundamental shift in viewer preference from linear networks to SVOD (subscription-video-on-demand) platforms.
Is Netflix Likely to Compete with Vice?
Netflix plans to explore the news genre by early 2016, when it expects to stream a weekly talk show hosted by Chelsea Handler.
Netflix Plans to Ramp Up Its Original Programming in 2016
This year, Netflix plans to produce 16 original series and intends to take this number to 31 in 2016.
Measuring the Popularity of Netflix’s Original Programming
Netflix stated at the UBS conference that its “net subscriber growth” would be an appropriate measure of its success regarding the popularity of its original content.
Netflix’s Challenges in Acquiring Global Streaming Rights
Netflix has had difficulty in acquiring global streaming rights for content from media companies. This is due to its status as the sole buyer of streaming rights on a global basis.
Understanding Deutsche Bank’s Segments
Deutsche Bank operates under five segments. Corporate Banking & Securities contributes 50% to Deutsche Bank’s revenues.
Deutsche Bank Eliminates Dividends for 2015 and 2016
In a statement made on Wednesday, October 29, 2015, German-based Deutsche Bank (DB) announced plans to eliminate dividends for 2015 and 2016 as part of its plan to strengthen its capital.
What is Deutsche Bank’s Strategy 2020?
German-based Deutsche Bank (DB) has announced Strategy 2020, a grand plan to overhaul its operations. It has been under pressure to lower expenses, boost capital strength, and drive value for shareholders.
How Materials Hurt the Europe-Focused AXEAX in September
The Columbia European Equity Fund Class A (AXEAX) fell by 3.8% in September 2015 from the previous month. AXEAX’s exposure to financials cost the fund.
Investment-Grade Corporate Bond Issuance Rises
Investment-grade corporate bonds worth $32.35 billion were issued in the primary market in the week ending September 25, 2015. Fixed-rate issues made up 90.6% of the total issuance for the week.
UBS Group Funding Issues $4.3 Billion Worth of High-Grade Bonds
UBS Group Funding (Jersey) Limited (UBS), via its subsidiaries, issued BBB+-rated high-grade bonds worth $4.3 billion in three parts during the week ending September 25.
Meraki Drives Cisco’s Commercial Segment Growth in 4Q15
Cisco credits Meraki for the acceleration in revenue growth for Cisco’s commercial segment. Cisco’s year-over-year revenue growth for this segment rose to 11% in 4Q15.
Why the Swiss Franc Is the Golden Currency
Recently, the safe haven currencies like the Swiss franc and the Japanese yen are the ones that are showing a greater correlation to gold.
Trends Observed in Institutional Holdings of Financial ETF XLF
Throughout the year to date, the Financial Select Sector SPDR Fund (XLF) has experienced inflows. Yet institutional holdings are exhibiting the opposite trend.
UBS Group Reports Highest Quarterly Profit in 5 Years in 1Q15
UBS Group engages in wealth management, financial services, investment management, estate planning, and corporate finance activities for its private, corporate, and institutional clients.
EU Equities Blossoming in April
EU equities (EFA) extended their gains last week and continue trading at an all-time high. These stocks appreciated by 1.6%.
US Financials Throng the High-Grade Bond Market
Last week, UBS AG (UBS) was the largest issuer—with a four-part $4.85 billion bond issue. This is the second-largest international financials issuance in 2015 so far.