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The Force Is Weak With Electronic Arts As 'Star Wars' Game Delayed
Wednesday, October 18, 2017 - 4:26pm | 568Read More...The good news: there’s a new vision for Electronic Arts Inc. (NASDAQ: EA)’s untitled “Star Wars” game, and it’s better than the last. The bad news: there’s a delay in play. EA announced Wednesday that its Visceral studios, which had been working in tandem with...
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4 Semiconductor Stocks Fund Managers Are Buying Most
Tuesday, October 10, 2017 - 3:42pm | 559Read More...If you’re a trend follower, you’re probably wondering what the market’s cool kids are buying. Among semiconductors, four names stand out. Large-cap fund managers took more new stakes in Broadcom Ltd (NASDAQ: AVGO), Lam Research Corporation (NASDAQ: LRCX), Advanced Micro Devices,...
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Analyst Says Buy FedEx Stock Amid Amazon Last-Mile Concern
Friday, October 6, 2017 - 2:58pm | 585Read More...It’s another one of those “don’t judge an article by its title” moments. FedEx Corporation (NYSE: FDX) plunged 2 percent Thursday on “overstated” headlines reporting increased competition from Amazon.com, Inc. (NASDAQ: AMZN), and Bank of America Merrill Lynch...
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Fast Food For Thought: McDonald's Reign As Burger King Remains Unchallenged
Monday, August 14, 2017 - 9:40am | 675Read More...Big Blue? Meet Big Mac. Wall Street often refers to International Business Machines Corp. (NYSE: IBM) as “Big Blue” because of its status as a venerable blue chipper. But McDonald's Corporation (NYSE: MCD) is another blue-chip stock that has managed to weather the world’s...
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D.R. Horton, PulteGroup Make A Solid Foundation For A Homebuilders Position
Tuesday, June 27, 2017 - 11:44am | 447Read More...It’s a good time to be in homebuilding, according to Bank of America Merrill Lynch analyst John Lovallo II. Lovallo reiterated Buy ratings for D.R. Horton, Inc. (NYSE: DHI) and PulteGroup, Inc. (NYSE: PHM), and raised both price targets by a dollar to $42 and $30, respectively. The analyst...
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CorEnergy M&A Strategy, Dividend Coverage Concerns Lead To Downgrade
Monday, June 26, 2017 - 3:19pm | 422Read More...Bank of America Merrill Lynch downgraded shares of Corenergy Infrastructure Trust Inc (NYSE: CORR), citing the uncertain growth outlook, year-to-date performance relative to the midstream MLP sector and a still somewhat elevated business risk profile. Unsustainable Uptrend? Analysts led by Gabe...
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Surprised Reactions To Oracle's Q4 Beat
Thursday, June 22, 2017 - 3:49pm | 686Read More...Oracle Corporation (NYSE: ORCL) announced its second-quarter earnings on Wednesday after the close. The company reported an adjusted EPS beat of $0.89 versus $0.78 and revenues of $10.89 billion compared to the $10.45 billion estimate. Oracle shares were up over 11 percent to $51.54 at Thursday...
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Where Would Apple And Google Rank In Terms Of World's Richest Countries?
Sunday, May 28, 2017 - 3:21pm | 482Read More...Maybe the Occupy Wall Street movement was looking to the wrong coast all along. A recent Bank of America Corp (NYSE: BAC)/Merrill Lynch report titled "Occupy Silicon Valley" shows that tech firms Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) valuations are higher than...
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Apple's Total Addressable Market Is A Lot Larger Than It Looks
Friday, May 12, 2017 - 12:13pm | 703Read More...Apple Inc. (NASDAQ: AAPL) has long been a formidable force in the technology space — and it still has room to grow. Bank of America Merrill Lynch considers Apple’s total adjustable market to be much larger than what’s presently perceived for existing products. According to a...
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Betterment Adds Human Advice To Robo Offering
Tuesday, January 31, 2017 - 2:53pm | 437Read More...One of the biggest robo-advisors has turned into a cyborg. Betterment announced Tuesday that it would add different levels of service plans to its robo-advisor product, the more expensive versions of which give users the option to consult with a human financial advisor. Betterment service...
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Merrill Lynch Intensifies Employee Incentives Program While Wells Fargo Scandal Fallout Continues
Friday, December 9, 2016 - 2:53pm | 375Read More...Stock brokers employed by Bank of America Corp (NYSE: BAC)'s Merrill Lynch division will now be required to make at least two client referrals to other divisions within the bank. According to Market Watch, the brokers would need to complete this task or could face a cut in pay. Brokers who do not...
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Analysts Largely Bullish On Nike Ahead Of Q1 Earnings
Monday, September 26, 2016 - 3:16pm | 415Read More...Ahead of the earnings announcement from Nike Inc (NYSE: NKE) on Tuesday, most of the brokerages remain bullish regarding the company's results. Similarly, nearly every analyst who has issued a recent analysis has reiterated their rating on the company's stock. During mid-day trading Monday,...
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Time To Hit The Panic Button? This Pro Says The VIX Index Is Giving 'Warning Signs'
Monday, August 15, 2016 - 2:55pm | 303Read More...The Volatility Index is dubbed the "fear index" for a reason. The index measures investors' expectations of volatility in the market based on the prices of options. In other words, the index is a barometer of investor sentiment and potential market volatility. Currently, the exchange-traded note...
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Trading On The Cheap: Low Commission, No Minimum Online Brokers For Beginners
Monday, August 1, 2016 - 12:35pm | 912Read More...Trading is fraught with inherent risks, and to help investors circumvent these risks, there exists a faciliatory institution called online brokerage. Online brokers are handlers of customer orders to buy and sell securities. In this customer-centric era, several online brokerages, vying with each...
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Merrill Lynch Agrees To $415 Million Settlement With SEC Over Misuse Of Customer Cash
Thursday, June 23, 2016 - 1:08pm | 310Read More...Investors appear to be unconcerned with the $415 million fine the U.S. Securities and Exchange Commission handed to Merrill Lynch on Thursday, the wealth management and financial services firm owned by Bank of America Corp (NYSE: BAC). Merrill Lynch accepted the fine and agreed to pay $415...
















