Macquarie

Viacom, Inc. (NASDAQ: VIAB) left investors more anxious after the media company cut its dividend and fourth quarter earnings guidance, and announced the exit of interim CEO Tom Dooley. The company slashed its quarterly dividend in half, from $0.40 to $0.20, which will save about $80 million per...

Macquarie noted signs of operational momentum in Sprint Corp (NYSE: S) just two years into its five-year plan. The firm is of the view that the first two years were largely successful, as liquidity improved, a new regional sales structure was put in place and customer base stabilized. However, the...

Close on heels of SeaWorld Entertainment Inc (NYSE: SEAS) suspending its dividend, Macquarie termed the move as correct. Despite the firm's positive take of the situation, it still believes the shares will fall, as dividend-enamored holders of the stock are likely to sell the stock. Analyst...

Mobile carriers, especially T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S), are set to rake in big moolah from the launch of Apple Inc. (NASDAQ: AAPL) iPhone 7 amid aggressive promotions and unlimited plans that were rolled almost a month leading into the 7 launch. Pre-orders for iPhone 7...

Although Oracle Corporation (NYSE: ORCL)'s earnings missed estimates in the fourth quarter, Macquarie expects the company to report in-line results for the first quarter. The company is scheduled to announce its results on Thursday after the market closes. Analysts Sarah Hindlian and Frederick...

Macquarie retained its Outperform rating on Dollar General Corp. (NYSE: DG) saying the recent selloff has created an "excellent" entry point as the competitive concerns are "generally misplaced" and overblown, while the macro pressures are transitory in nature. According to...

The near-term prospects for Netflix, Inc. (NASDAQ: NFLX) appear challenged by high content costs and intensifying competition in the US and other countries, Macquarie’s Tim Nollen said in a report. He downgraded the rating on the company from Neutral to Underperform, while maintaining a...

  Pre-open movers U.S. stock futures traded lower in early pre-market trade. The Treasury budget report for August is schedule for release at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average tumbled 94 points to 18,152.00, while the Standard & Poor’s 500 index...

Investors' sentiments remained subdued and volatile ahead of salesforce.com, inc. (NYSE: CRM)'s earnings announcement, which is scheduled for after the market close on Wednesday. The company has a history of delivering results either in line or above the consensus over the last seven years. There...