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Canadian National Railway Initiated Hold At Loop Capital
Tuesday, September 27, 2016 - 9:00am | 470Read More...Loop Capital has started coverage of Canadian National Railway (USA) (NYSE: CNI) with a Hold rating and $64 price target, saying the continued fall in operating ratio and pricing surpassing inflation could result in greater regulatory scrutiny. "With the railroad operating ratio falling from 89...
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Disney Unlikely To Acquire Twitter Based On Past Deals
Tuesday, September 27, 2016 - 7:57am | 331Read More...Shares of Walt Disney Co (NYSE: DIS) slid 1.4 percent on September 26 on unconfirmed rumors of the company being set to place a bid for Twitter Inc (NYSE: TWTR). “[W]e find it hard to believe that, given terminal values in the $25 - 30B range, DIS will be able to make the deal work in a...
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Loop Capital Questions Regal Entertainment's Hesitation To Enter Foreign Markets
Monday, September 26, 2016 - 10:01am | 330Read More...Loop Capital's David Miller is wondering why Regal Entertainment Group (NYSE: RGC) is hesitant to enter into the "underserved" foreign markets, especially given the strong demand for American-style tent-pole films and the U.S. box office being a mature business. "Given RGC's notable propensity to...
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Loop Capital Comments On Etsy's Blackbird Technologies Acquisition
Tuesday, September 20, 2016 - 8:34am | 303Read More...Loop Capital is positive on Etsy Inc (NASDAQ: ETSY)'s acquisition of privately held Blackbird Technologies, Inc., the machine learning capabilities of which would enable Etsy to provide more relevant search results and recommendations, which in turn should result in higher conversions. The...
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Loop Capital On RetailMeNot: 'Waiting For In-Store,' Starts At Hold
Wednesday, September 14, 2016 - 11:09am | 386Read More...Loop Capital started RetailMeNot Inc (NASDAQ: SALE) shares at Hold with a price objective of $11, as the brokerage is waiting for catalysts from mobile in-store business. The comments come after the stock recorded a 27 percent jump following the second-quarter earnings beat by 150 percent on August...
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Loop Capital Says CSX's Recovery Seems To Be Lagging The Rest Of The Rails
Wednesday, August 31, 2016 - 11:17am | 420Read More...The operational metrics of CSX Corporation (NASDAQ: CSX) since the 2014 capacity crunch have lagged other railroads, Loop Capital said, while maintaining its Hold rating and raising the price target by $1 to $31. Loop Capital said CSX's year-to-date average train speed is 9 percent below its 2013...
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Loop Capital On Theater Stocks: Positive On 2, Neutral On Another
Wednesday, August 24, 2016 - 1:31pm | 400Read More...In a review of three theater names, Loop Capital analyst David Miller picked up two stocks and remained Neutral on another. The brokerage likes Cinemark Holdings, Inc. (NYSE: CNK) and AMC Entertainment Holdings Inc (NYSE: AMC) and initiated them both at Buy. The analyst kept a price objective of $...
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Loop Capital Says AMC Should Trade At A Premium To Regal
Wednesday, August 24, 2016 - 10:12am | 371Read More...In view of the recent acquisitions made by AMC Entertainment Holdings Inc (NYSE: AMC), the company’s stock should trade at a premium to that of Regal Entertainment Group (NYSE: RGC), Loop Capital’s David W. Miller said in a report. He initiated coverage of AMC with a Buy rating and a...
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Loop Capital Comfortable With Madison Square Garden Projections Heading Into Earnings
Tuesday, August 16, 2016 - 12:03pm | 341Read More...Madison Square Garden Co (NYSE: MSG) is expected to report its Q4 results on August 19 and Loop Capital expects the company to report a loss due to the tough comparisons on the Sports line. Loop Capital expects $218.8 million in revenues, and a net operating loss of $0.84 a share, while...
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Strong Trends In Mexican Autos A Tailwind For Kansas City Southern
Friday, August 12, 2016 - 10:31am | 220Read More...Loop Capital maintained its Buy rating and raised its price target by $1 to $115 on Kansas City Southern (NYSE: KSU) shares, saying that strong Mexican trend is a tailwind for both earnings and sentiment. Kansas City Southern, citing third party projections, expects total Mexican automotive...







