Posts Tagged ‘ RBC ’

Intel Corporation (INTC) Upgraded By RBC Capital

May 6, 2013

Intel Corporation (NASDAQ:INTC) has been upgraded from Sector Perform to Outperform by RBC Capital today. RBC Capital Analyst Price Prediction For Intel Corporation (INTC) RBC Capital analyst Doug Freedman and his team predict a price target of $29.00 (from $24.00). Such an increase could be attributed due to enhanced 2013 gross margins, increasing traction of Intel Corporation (NASDAQ:INTC)’s ultra-mobile platform, and an all-time bottom with PC sentiment. RBC Capital’s analysts assign Intel Corporation (NASDAQ:INTC) outperform...
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Nokia Corporation (ADR) (NOK) Fades On Uneven Strategy

By Paul Shea

April 17, 2013

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is due to report its earnings for the first quarter of 2013 tomorrow. From market movements today, it appears a lot of investors are willing to take a gamble on better than expected results. Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) shares have risen by more than 4 percent on todays market, but the company is still down more than 9 percent for the year to date. The company’s schizophrenic business model...
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Microsoft Corporation (MSFT) Earnings Expected To Be Mixed

By Michelle Jones

April 16, 2013

Microsoft Corporation (NASDAQ:MSFT) is set to report its third quarter results Thursday after closing bell, and analysts are expecting the company’s results to be mixed. The company narrowly beat estimates in January, and PC sales have been especially weak in recent months. Analysts at RBC Capital Markets released a report to investors today ahead of Thursday’s report. They’re looking for 69 cents earnings per share on $20.42 billion in revenue. Their numbers are just under...
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Netflix, Inc. (NFLX) Potential Not Reflected In Its Share Price: RBC

By Michelle Jones

March 5, 2013

Netflix, Inc. (NASDAQ:NFLX) has some great potential for growth, according to analysts at RBC Capital Markets. They have just initiated coverage of the stock, giving it an Outperform rating and setting their price target at $210 per share. The company smashed earnings expectations in January, sending the stock skyrocketing. Today trading on shares of Netflix, Inc. (NASDAQ:NFLX) is mostly flat, right around $181 per share. The stock has been rising steadily since that positive earnings...
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Sirius XM Radio Inc (SIRI) Debt Restriction Could Prevent Buyback

By Aman Jain

December 7, 2012

Sirius XM Radio Inc (NASDAQ:SIRI) announced Thursday a $2 billion share repurchase program and a $0.05/share special dividend, payable 12/28/12. At $0.05 per share, the cash dividend is expected to total $325 million. For the repurchase, the company did not reveal a detailed plan, but a report from RBC Capital Markets believes “their intention is to utilize it in the next 12-24 months”. CFO David Frear said at an investor conference this week “to the...
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Royal Bank Of Canada Profit Climbs 22 Percent

By ValueWalk Staff

November 29, 2012

Kicking off the fourth-quarter reporting season with good news, the Royal Bank of Canada (NYSE:RY) (TSE:RY) has reported that profits are up 22 percent on the previous year. The news of the significant rise in profits for the bank is slightly ahead of analyst’s expectations, and has been helped by a strengthening of fixed-income trading results, as well as volume growth in its domestic banking operations. Royal Bank of Canada (NYSE:RY) (TSE:RY) said the strong...
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Nokia Faces Danger of Being the Third of a Third: RBC

By Jacob Wolinsky

October 15, 2012

Nokia Corporation (NYSE:NOK) is set to report earnings shortly. Operating in a cut-throat industry, the Finish based smartphone company, is facing a do or die moment. RBC Capital is out with a report this morning noting the dangers the company faces. RBC states that Nokia Corporation (NYSE:NOK) faces the ‘danger of being the third of a third.’ By Third, RBC is refering to a third operating system, and it hasn’t been easy for Windows to become the...
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RBC Charged by US for “Washed Trades”

By ValueWalk Staff

April 3, 2012

The Commodity Futures Trading Commission has filed a civil lawsuit against Royal Bank of Canada (NYSE:RY) on the grounds that the bank was operating a “trading scheme of massive proportions”. According to CFTC, the motive was to gain Canadian tax benefits. The accusations go further. CFTC says that a group of senior employees at Royal Bank of Canada were operating a “wash trading” strategy. Wash trading is when someone purposely allowed subsidiaries of the...
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