Tag: "rbc"

Results for Tag "rbc"

Hollis JohnsonMcDonald's new $1, $2, $3 menu isn't living up to the hype.McDonald's has been promoting its new dollar menu replacement — the $1, $2, $3 menu — like crazy, and so far, it doesn't appear to be working out.

View photosnvidia jen-hsun huang ceoAP Photo / Paul SakumaSome have argued that the boost Nvidia has seen from cryptocurrency mining is over, but one analyst thinks differently.Alt-coins have been exploding in value and could provide another big boost to Nvidia's bottom line.

View photosQualcommDavid Becker/Getty ImagesQualcomm received an offer to be bought by Broadcom for $70 per share on Monday.Even if the offer doesn't go through, one analyst thinks Qualcomm now has a pretty clear path to $70 per share on its own.

The restaurant sector analysts at RBC Capital have cut their price target for Chipotle Mexican Grill (CMG) to $330 from $400.View photosSource: RBC Capital MarketsAccording to Chipotle, queso had been the number one most requested item to add to the chain’s menu.

The shares jumped 112.Under the terms of the acquisition, BlueBay shareholders will receive 485p in cash for each BlueBay share, valuing the company at £963m.

Whether the end is nigh on the spectacular run-up in large cap U.techs, or they're back in market-darling territory, calls for caution persist.

The United Nations announced the removal of Iran's Bank Sepah and its international subsidiary from a sanctions list on Monday.The move has reignited investor's concern about new Iranian crude entering the oil market.

If you're looking for clues as to what the next key catalyst for oil could be, you might want to pay attention to one country in particular.Simultaneously, India voracious demand for oil recently hit a record, consuming more than 4 million barrels per day, according to International Energy Agency figures.

Helima Croft, RBC's head of commodity strategy and commodity strategists Michael Tran and Christopher Louney said in a note on Wednesday that market caution was overdone, however.Investors have also been concerned that Iran's oil supply could quickly ramp up as the country seeks to re-boot its oil industry after the lifting of years of international economic sanctions and elsewhere, there is the belief that U.

Despite a rally in oil prices Monday as Russia and Saudi Arabia announced they would work together to "stabilize" markets, experts have been largely skeptical of the move.However, several commodity analysts have said it is important not to dismiss the deal and that this "baby step" could actually be more important than it looks.

The rhetoric leading up to next week's OPEC meeting is signaling the possibility of a freeze in crude production, noted oil expert Helima Croft said Friday.When OPEC members met in Doha, Qatar, in April, there was a different tone leading up to it, with the Saudis essentially saying they weren't going to do anything, Croft noted.

Iran is now on the cusp of producing at pre-sanctions levels.RBC's Croft and her colleagues noted that Russia and Saudi were again expected to meet in Algiers and could build on the announcement.

fuel inventories, oil climbed further above $52 per barrel Friday amid plans from OPEC producers for a supply freeze agreement to help stabilize prices.shale complex," Helima Croft, managing director and global head of commodity strategy at RBC Capital Markets, told CNBC Friday.

Major skepticism following a deal OPEC struck in September to cut production is now being countered by member countries saying they don't want to be the obstacles to reaching an agreement, Croft told CNBC's "Worldwide Exchange.On the other hand, "Iran could be a big issue under Donald Trump['s administration].

Despite oil's negative reaction to the OPEC production cut extension, prices should grind higher into the $60s by the fourth quarter, RBC's Helima Croft told CNBC on Thursday.Mike Rothman, head of integrated oil research at Cornerstone Analytics, is also convinced prices will ultimately move higher despite supply coming from the U.

Investors should buy Ford Motor shares because the company will benefit more from President Donald Trump's economic agenda more than its industry peers, according to RBC Capital Markets.It upgraded the stock to outperform from sector perform.

Investors should buy MasterCard shares as possible inflation and its new technology initiatives may lead to better financial results, according to RBC Capital Markets, which upgraded the payments company to a top pick from outperform."We are upgrading MasterCard.

Mark Mahaney of RBC Capital Markets told CNBC's "Squawk Alley" on Friday that the online retailer is at the top of his list.Shares of Amazon have fallen more than 12 percent since its earnings report, which Mahaney sees as an incredible buying opportunity.

Shares of Amazon.com have fallen sharply in 2016, but investors should still buy the stock, RBC Capital Markets' Mark Mahaney said Tuesday.

And while several consumer staples have hit record stock prices this year, Coke is a particularly promising bet, Modi said Thursday on CNBC's "Squawk on the Street.In 2015, a report showed soda sales have declined for 10 years in a row.