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Why RBC Is Bullish On Google And Facebook, But Not Twitter
Friday, March 13, 2015 - 3:18pm | 435Read More...RBC recently conducted its fifth online advertising survey, and it is predicting good times ahead for social media players Facebook Inc (NASDAQ: FB) and Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG). However, for Twitter Inc (NYSE: TWTR), the going could be tough as advertisers' interest wanes....
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Analyst: FDA Won't Pull Permit On Orexigen Therapeutics
Friday, March 6, 2015 - 3:56pm | 307Read More...Orexigen Therapeutics, Inc. (NASDAQ: OREX) sole product, the anti-obesity drug Contrave, almost certainly won't get pulled from the market, an analyst said Friday Orexigen shares fell 12 percent Friday after a regulatory official threatened sanctions on the company for prematurely...
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Biotech M&A Outlook Boosted By AbbVie Deal, Says This RBC Analyst
Thursday, March 5, 2015 - 5:02pm | 458Read More...AbbVie Inc's (NYSE: ABBV) $21 billion deal Thursday to buy Pharmacyclics, Inc. (NASDAQ: PCYC) casts a bullish reflection on other potential deals in the industry, an analyst said. Big pharmaceutical companies will pay "what ever price they have to" in acquiring biotech companies...
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Janney Expects Weather To Hurt McDonald's February Sales
Wednesday, March 4, 2015 - 4:41pm | 170Read More...Janney commented on February sales for McDonald's Corporation (NYSE: MCD) Wednesday and maintained a Neutral rating with an $89 price target. Analyst Mark Kalinowski suspected that U.S. comp sales for McDonald's slowed during February as sales in the chain burger sector deteriorated...
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RBC Analyst: Priceline Might Miss Q4 Street View
Monday, February 9, 2015 - 1:35pm | 256Read More...Priceline Group Inc (NASDAQ: PCLN) may miss Wall Street's expectations when it posts fourth-quarter results on February 19, an analyst said Monday. RBC's Mark S. Mahaney, who believes foreign exchange woes could cause the online travel company to miss the current consensus view, cut his...
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City National Agrees To Sell Itself To RBC For $5.4 Billion
Thursday, January 22, 2015 - 9:01am | 194Read More...City National Corp (NYSE: CYN) on Thursday said that it has agreed to sell itself to Royal Bank of Canada (NYSE: RY) for $5.4 billion, or $93.80 per share. Shares of City National closed on Wednesday at $74.57 and held a market cap of $4.11 billion. Shareholders of California-based City...
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XenoPort Soars 9% Following Comments From RBC's Michael Yee
Tuesday, December 30, 2014 - 12:38pm | 107Read More...XenoPort, Inc. (NASDAQ: XNPT) soared following comments from RBC’s Michael Yee who called it his “under the radar play” on CNBC. RBC's Michael Yee says Xenoport is his under the radar play for 2015 $XNPT — CNBC's Fast Money (@CNBCFastMoney) December 29, 2014 The...
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Why Shares Of Gilead Sciences Are Trading Higher
Friday, December 26, 2014 - 10:22am | 142Read More...Shares of Gilead Sciences, Inc. (NASDAQ: GILD) were trading higher by more than two percent in Friday's pre-market session. The move is being attributed to a possible report by analysts at RBC stating that the company could launch a buyback program of $10 billion or more. Gilead Sciences' $138...
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RBC Sees Apple Watch Sales At 20 Million
Monday, November 17, 2014 - 12:19pm | 109Read More...RBC claims Apple Inc. (NASDAQ: AAPL) may sell 20 million watches in one year, according to Bloomberg. The firm reiterated its Outperform rating and raised it price target from $115 to $120. RBC analyst Amit Daryanani felt that a conservative estimate may add approximately $6.5 billion in annual...
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First Niagara Financial's Messy Q3 Gets Mixed Reviews
Monday, October 27, 2014 - 12:19pm | 324Read More...First Niagara Financial Group Inc. (NASDAQ: FNFG) $800 million third-quarter write-down related to its acquisition spree of the past five years sent investors headed for the exits. The Buffalo-based bank holding company's shares fell slightly on Monday after a steep decline Friday. In the...
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RBC Upgrades Nitrogen-Maker CF Industries Holdings, Inc.
Tuesday, September 9, 2014 - 3:12pm | 210Read More...CF Industries Holdings, Inc.'s (NYSE: CF) steady demand for its nitrogen fertilizer along with low and stable prices for natural gas needed for its manufacture prompted an analyst to upgrade the company's shares Tuesday. The Deerfield, Illinois, company also benefits from prices...
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RBC Downgrades Mosaic Co On Flat Demand, Higher Costs
Tuesday, September 9, 2014 - 2:38pm | 200Read More...Mosaic Co's (NYSE: MOS) flat demand for its fertilizer coupled with rising costs for production materials resulted in at least one analyst's downgrade Tuesday. The Plymouth, Minnesota, phosphate mining and production company is paying more for the ammonia and sulfur required to covert...
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RBC Thinks Netflix, Inc.'s Sweet Spot Not Yet Priced In
Tuesday, September 9, 2014 - 11:00am | 200Read More...Netflix, Inc.'s (NASDAQ: NFLX) international growth potential coupled with a lack of investor enthusiasm got a good review from an analyst Tuesday. Netflix, Inc., poised for imminent launch in France and Germany, has the highest short interest and lowest Buy ranking among large-cap U.S....
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Boeing's Q2 Beat Blemished By $450 Million Tanker Charge
Wednesday, July 23, 2014 - 4:14pm | 213Read More...Boeing (NYSE: BA) shares trended down Wednesday as investors looked beyond its second-quarter earnings beat to a $450 million charge for developing a military refueling aircraft. “It's worrying that Boeing took a charge of this magnitude this early in a long-term project," RBC...
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EMC Analysts Not Expecting A Spinoff
Monday, July 21, 2014 - 2:13pm | 395Read More...EMC Corp (NYSE: EMC) is in the news Monday as Elliot Management Corp. is pushing to have the data firm spinoff its VMWare (NYSE: VMW) computer-server software division. Elliot Management owns nearly 80 percent of VMWare. Analysts covering EMC agree a spinoff would not be beneficial to EMC....



