Macquarie

Chinese e-commerce giant Alibaba Group Holding Ltd(NYSE: BABA) is scheduled to report its fourth-quarter results before the market opens on Tuesday. The company is expected to report earnings of $1.13 per ADS on revenues of $7.32 billion. In the September quarter, the company reported...

Sprint Corp (NYSE: S) may have edged out Apple Inc. (NASDAQ: AAPL) in forging a partnership with Tidal, a subscription-based music streaming service owned by Jay Z. With Tidal beyond its reach, Apple may now be forced to settle for Pandora Media Inc (NYSE: P) for beefing up its Apple Music service...

Oracle Corporation (NYSE: ORCL) is expected to report its 2017 Q2 earnings Thursday after the market close, and the Street is mostly Bullish leading in. The consensus EPS estimate is $0.60 with revenue at $9.12 billion. Ratings And Price Targets Bernstein: Outperform; $52 price target. BTIG: Buy; $...

Doubts that Oracle Corporation (NYSE: ORCL)'s acquisition of NetSuite Inc (NYSE: N) will be completed have increased intensely, and analysts have begun predicting the possible downtick in NetSuite share prices. Following T. Rowe Price Associates' demand for an increased price of $133 a share for...

Shares of Baidu Inc (ADR) (NASDAQ: BIDU) were hit with a couple of downgrades following its third quarter revenue drop and weak fourth-quarter top-line outlook. Baidu’s third-quarter revenue fell 0.7 percent to Rmb18.253 billion, largely in line with consensus. Adjusted diluted EPS of Rmb 9...

In the past week, crude oil prices have been soaring on the news of the first OPEC production cut since 2008. The United States Oil Fund LP (ETF) (NYSE: USO) is up nearly 10 percent in the past week, and oil stocks have followed suit. However, rising oil prices also impact a number of other...

Macquarie weighed in on the state of the cruise industry with Royal Caribbean Cruises Ltd (NYSE: RCL) emerging as its top pick. Analysts at Macquarie initiated coverage on Royal Caribbean, setting an $88 target with an Outperform rating. Royal Carribean is seen as a line with good growth but...

On Wednesday, BlackBerry Ltd. (NASDAQ: BBRY) reported better-than-expected second-quarter earnings, with an adjusted EPS at $0.00, beating the Street expectations of ($0.05), aided by "massive write downs," according to one analyst. The company fell short in its second-quarter sales, reporting $352...

  Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade. Data on Gross Domestic Product for the second quarter, U.S. international trade in goods for August and initial jobless claims for the latest week will be released at 8:30 a.m. ET. Pending home sales index...

Macquarie maintains its Outperform rating on Ralph Lauren Corp (NYSE: RL) after the company named former Coach Inc (NYSE: COH) Chief Financial Officer Jane Nielsen as Ralph Lauren's new CFO. The appointment is said to be a good move, as both companies are global in nature and are undergoing...

Macquarie said DTE Energy Co (NYSE: DTE) remains its top pick of SMID cap regulated utilities after the company announced plans to acquire midstream assets in Pennsylvania and West Virginia for US$1.3 billion and increased its FY16 outlook. The brokerage also reiterated its Outperform rating and...

Time is a great healer and the idiom has proved its worth in the case of Six Flags Entertainment Corp (NYSE: SIX), which has gone through muddled and troubled waters, before sanity prevailed. All credits to the management team that was inducted post the company emerging from bankruptcy way back in...

Macquarie Research expects Microsoft Corporation (NASDAQ: MSFT) to maintain its pace of cash return to its shareholders. Currently, the software major is engaged in $3.5 billion cash return per quarter. The comments come on the heels of the company disclosing a fresh $40 billion share buyback...