2015년 2월 2일 월요일

Bidness Etc - Morning Update (February 2, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 2, 2015

Technology

Why Is Netflix, Inc. (NFLX) Stock Falling?

Netflix has announced plans to raise money by selling debt worth $1 billion
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Google Nest Loses Key Executives Amid Culture Clash

Google Inc’s Nest division has lost its Vice President of Technology and Co-founder of DropCam, according to a report published on The Verge
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Deutsche Bank Lowers Target Price On Alibaba Group Holding Ltd (BABA)

Deutsche Bank analyst Alan Hellawell III reiterated a Buy rating on Alibaba stock, but revised down the stock target price
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Mozilla Firefox Deal Lifts Yahoo! Inc Search Share In US As Google Falters

Yahoo gained market share in the US search space in January due its new deal with Firefox, while Google’s share fell below 75% for the first time in about seven years
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Alibaba Promotes Entrepreneurship In Hong Kong

Alibaba has created a $129 million foundation for young entrepreneurs in Hong Kong
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New Quad-Core Rasberry Pi 2 Unveiled For $35

Raspberry Pi’s latest version goes on sale today, with double the RAM and a new quad-core processor to facilitate the execution of even more complicated tasks
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Tesla Motors Inc App Provides Insight To Apple Inc. Watch Developments

A third-party Tesla app reveals the opportunities with the Apple Watch as well as its limitations in development
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Intel Corporation To Acquire “Internet Of Things” Firm Lantiq

Intel Corporation has acquired German chip-maker Lantiq Semiconductor in a move to shore up its presence in the Internet of Things space
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GoPro Inc (GPRO): An Easy Beat On The Cards

GoPro will announce results for the fourth quarter of fiscal ’14 (4QFY14) after markets close February 5. Here’s what to expect
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Here’s Why Deutsche Bank Raised Amazon.com, Inc. (AMZN) Price Target to $410

Analyst Ross Sandler reiterated a Buy rating for the Amazon stock after the company’s 4Q results
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Why Microsoft Corporation (MSFT) Stock Is Poised For A Large Bounce In 2015

Microsoft stock has seen itself being dumped across the board after second-quarter earnings failed to meet expectations. Bidness Etc discusses why a bounce back might be in order
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Goldman Sachs Cuts Google Inc (GOOG) Price Target To $540

Goldman Sachs analyst Heather Bellini lowered her price target on Google stock to $540 (from $550), while reiterating a Neutral rating
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Industrials

Airbus Group Plans To Increase Stake In MBDA

Finmeccanica puts its stake in MBDA up for sale, Airbus eyes acquisition believed to be worth $739 million
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American Airlines To Become World’s Largest Airline, Following Pilot Agreement

Following a month of discussions between US Airways and American Airlines Group Inc, pilots of both companies have decided to operate together under the merged airline
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Basic Materials

Cliffs Natural Resources Inc (CLF) Earnings Preview

Cliffs Natural Resources Inc will report earnings today after the closing bell; company is expected to announce adjusted earnings of 13 cents per share
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Consumer Discretionary

RadioShack Corporation (RSH) Moves Closer To Bankruptcy

Details are still being finalised as RadioShack Corporation moves forward to filing for bankruptcy today
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Chipotle Mexican Grill, Inc. (NYSE:CMG) Q4FY14 Earnings Preview

Bidness Etc tells you what to expect from the fast casual chain’s highly anticipated 4Q results tomorrow
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Here Is Why The Gigafactory Is The Biggest Catalyst For Tesla Motors Inc (TSLA) Stock

With growing competition encircling Tesla in the EV business, it looks like Gigafactory can be a great future strategy for Tesla - or not
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Evercore ISI Downgrades Stocks Of Abercrombie & Fitch Co (ANF) And Guess (GES)

Shares of Abercrombie & Fitch and Guess have been downgraded by Evercore ISI, following which the shares continued their downward trajectory and hit their 52-weeks low
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Is Evercore’s Sell Rating On J C Penney Company (JCP) Stock Justified?

J C Penney Company stock has been rated a Sell by Evercore ISI. Bidness Etc looks at the factors that seem to justify the rating
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More Trouble For Las Vegas Sands Corp; January Gaming Revenues Fall

Bidness Etc looks at Las Vegas Sands Corp.’s weak gross gaming revenues for January
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Energy

Key Takeaways From Exxon Mobil Corporation (XOM) Q4 Results

Bidness Etc highlights the key takeaways from the fourth-quarter results of Exxon Mobil, released earlier today. The oil giant missed revenue estimate but beat the quarterly earnings estimate
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Why United Steelworkers Union Imposed A Strike In Major US Refineries

Bidness Etc looks at the demands made by the United Steelworkers Union, causing them to go on a strike on Sunday, and also looks at how the energy industry has been responding to the demands and the consequent strike
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Cowen’s Take On Petroleo Brasileiro Petrobras SA (ADR) Q3 Unaudited Results

Cowen Group has released a research note regarding Petrobras’ third-quarter earnings release. Bidness Etc looks at what Cowen thinks of Brazil’s biggest oil firm and its expectations regarding the oil giant’s FY15 performance
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Why Barclays Expects Petrobras SA (ADR) (PBR) Stock To Double By 2018

Barclays believes that despite the corruption scandal and the series of funding problems faced by Petrobras, the stock is set to rebound and double in three years
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Financials

Moody’s Under Investigation Over Pre-Crisis Mortgage Ratings

Moody’s Investors Service, a division of Moody’s Corporation, is being investigated by the US Department of Justice over its pre-crisis mortgage ratings
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Telecom

What Will Dish Network Corp Do With Its Wireless Spectrum?

Dish Network Corp needs to utilize its already held AWS-4 spectrum by 2016, as part of its agreement with the FCC
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FCC Regulator: Dish Network’s Wireless Deal Makes A Mockery Of FCC’s Program

A top member of the FCC is urging Chairman Tom Wheeler to investigate Dish Network Corp’s spectrum licenses
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AT&T Inc.’s Heavy Spectrum Spending Likely To Affect Credit Rating

Combined with its DirecTV and Mexican acquisitions, the $18.2 billion spectrum purchase will raise AT&T’s net debt-to-EBITDA ratio above its 1.8x target
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Healthcare

JPMorgan Chase Comments On AbbVie Inc (ABBV) Q4 Financial Results

JP Morgan comments on AbbVie’s financial performance during 4Q, reiterates $73 price target
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Merck & Co., Inc. (MRK) Q4 Earnings Preview: Expect Lower Sales And Earnings

Merck is expected to report a decline in revenue as well as earnings for the fourth quarter of fiscal 2014 owing to patent expirations and increased generic competition
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Can The Biotech Sector See Stellar Results For 2015 Amid Price Wars?

Bidness Etc discusses whether the biotech sector can replicate the strong performance seen in 2014 this year as well, amid the increased pricing competition in the industry
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Sanofi SA (SNY) Q4 Earnings Preview

Sanofi is due to report its financial results for the fourth quarter of fiscal 2014 Thursday, with major growth expected from its insulin and vaccine business
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Chimerix Inc (CMRX) Drops Ebola Vaccine Testing In Liberia

Chimerix announced it has ended testing of its experimental antiviral in Ebola patients in Liberia, as the number of Ebola cases have reduced significantly
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Commodities

Crude Oil Sinks 3.2% In Early Asian Trading Today; Here’s Why

Bidness Etc looks at how weak manufacturing data from China and the strike by US Steelworkers Union caused crude oil price to retreat over 3% in early Asian trading today, following the slight recovery seen in the price on Friday last week
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