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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are more willing to see China as a 'glass half full story': StrategistWinnie Wu, chief China equity strategist at BofA Securities, says, however, that a "fundamental turnaround will be quite [a] long-term story."
Persons: Winnie Wu Organizations: BofA Securities Locations: China
BofA Securities says copper is one of its top commodity picks
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA Securities says copper is one of its top commodity picksMatty Zhao, head of Asia-Pacific basic materials and oil and gas research at BofA Securities, says artificial intelligence will boost the demand for copper and the metal's prices.
Persons: Matty Zhao Organizations: BofA Securities Locations: Asia, Pacific
BofA Securities' Vivek Arya reacts to Arms Q4 earnings
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA Securities' Vivek Arya reacts to Arms Q4 earningsVivek Arya, Bank of America Securities senior semiconductor analyst, joins CNBC's 'Squawk on the Street' to discuss the semiconductor sector, Arms Holding earnings, AI, and more.
Persons: Vivek Arya Organizations: BofA, Bank of America Securities, Arms
The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. This will also be Disney's first earnings call since it won a proxy fight against Nelson Peltz's Trian Partners. Here is what Wall Street expects Disney to report Tuesday morning, according to LSEG:Earnings per share: $1.10 expectedRevenue: $22.11 billion expectedThe subscriber growth at its flagship streaming service, Disney+, will once again be a top focus. Last quarter Disney's direct-to-consumer unit — which also includes Hulu and ESPN+ — saw its losses narrow to $216 million from $1.05 billion in the same period a year earlier. Visitor traffic to Disney's theme parks in the U.S. will also be in focus.
Persons: Walt Disney, Mickey Mouse, Bob Iger, Nelson Peltz's Trian, Jessica Reif Ehrlich, Reif Ehrlich Organizations: Magic, Walt Disney World, Disney, BofA Securities, Hulu, ESPN, Deutsche Bank, Comcast, Universal, CNBC Locations: Lake Buena Vista , Florida, Hulu, U.S, Orlando, Universal Orlando, NBCUniversal
Disney Q2 results on deck: Here's what to expect
  + stars: | 2024-05-06 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney Q2 results on deck: Here's what to expectJessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to preview Disney's quarterly earnings results, the company's outlook, streaming landscape at large, Paramount's merger plans, and more.
Persons: Jessica Reif Ehrlich Organizations: BofA Securities
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailiPhone trends in China are 'much, much better' than what people feared, says BofA’s Wamsi MohanWamsi Mohan, BofA Securities senior IT hardware analyst, joins 'Squawk Box' to break down Apple's quarterly earnings results, falling iPhone sales, China market, and more.
Persons: BofA’s Wamsi Mohan Wamsi Mohan Organizations: BofA Securities Locations: China
The consumer overall is still healthy, says BofA's Ohsung Kwon
  + stars: | 2024-04-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe consumer overall is still healthy, says BofA's Ohsung KwonOhsung Kwon, BofA Securities Equity & Quant strategist, joins 'Closing Bell Overtime' to talk what to expect from the FOMC tomorrow, the case for dividend stocks and how the sector benefit from high rate environments.
Persons: BofA's Ohsung Kwon Ohsung Kwon Organizations: BofA Securities Equity
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFast food prices have been 'justified' in terms of underlying cost inflation: BofA's Sara SenatoreSara Senatore, BofA Securities senior analyst, joins 'Squawk Box' to discuss the rapid fast food inflation, whether rising prices will begin to hurt sales, and more.
Persons: Sara Senatore Sara Senatore Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA's Jill Carey Hall: We continue to favor small caps for the long-termJill Carey Hall, BofA Securities, and Brooke May, Evans May Wealth, join 'Closing Bell Overtime' to talk the day's market action.
Persons: Jill Carey, Jill Carey Hall, Brooke May, Evans Organizations: BofA Securities, Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA's Savita Subramanian: More to the S&P 500 than just semiconductors and megacap tech companiesSavita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's interest rate outlook, and more.
Persons: Subramanian Organizations: BofA Securities
In this article JPY= Follow your favorite stocks CREATE FREE ACCOUNTThe Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty ImagesThe yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback. The weakness comes as the Bank of Japan is due to release its monetary policy decision Friday and in spite of verbal warnings from Japanese authorities. Some market watchers had speculated that the 155 level would prompt intervention after the currency languished at multi-decade lows for a month. The yen has weakened 4.2% since the BOJ's March meeting, worrying Japanese authorities and investors.
Persons: Javier Ghersi, Shusuke Yamada, Jerome Powell, Appio Organizations: U.S, Bank of Japan, BofA Securities, Federal, First Eagle Investments, CNBC, Korean Locations: Japan, South Korea
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Volatility is par for the course' for semiconductor stocks in Q2, says BofA's Vivek AryaVivek Arya, senior semiconductor analyst at BofA Securities, joins 'The Exchange' to discuss this week's semiconductor sell-off, quarterly trends for the semi stocks, and more.
Persons: BofA's Vivek Arya Vivek Arya Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's subscriber reporting change doesn't change their growth trajectory: Jessica Reif EhrlichJessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to break down Netflix's quarterly earnings results, why the company will stop reporting subscriber numbers in 2025, the streaming landscape at large, impact of the company's crackdown on password sharing, and more.
Persons: Jessica Reif Ehrlich Jessica Reif Ehrlich Organizations: BofA Securities
Bank of America upgrades Nike, here's why
  + stars: | 2024-04-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of America upgrades Nike, here's whyLorraine Hutchinson, retail analyst at BofA Securities, joins 'Money Movers' to discuss why Nike's earnings estimates look achievable, how Nike lost the innovation edge, and more.
Persons: Lorraine Hutchinson Organizations: Email Bank of America, Nike, BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney wins proxy battle: Here's what's next for the company and CEO Bob IgerJessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to discuss Disney's proxy fight win over activist investor Nelson Peltz, what's next for the company and CEO Bob Iger, the future of streaming, and more.
Persons: Here's, Bob Iger Jessica Reif Ehrlich, Nelson Peltz, what's, Bob Iger Organizations: Disney, BofA Securities
Two competing slates of board seats are now up for a vote against Disney’s. Peltz has criticized Disney’s recent theatrical flops and said the company should reach “Netflix-like margins” with its Disney+ streaming service, among other issues. If Peltz is successful, he and Rasulo could gain up to two seats on the board, displacing Disney’s picks. More than 35% of Disney’s shares are held by these individuals, who could seriously sway the vote. The influential advisory firms Institutional Shareholder Service and Egan-Jones have also thrown their support behind Peltz for at least one seat on the board.
Persons: Nelson Peltz, Jay Rasulo, Peltz, Ike Perlmutter, Bob Iger, ” Barton Crockett, Disney, ” Trian, Rasulo, Iger, Bob Chapek, Peltz —, , It’s, ” Peltz, Perlmutter, , “ They’ve, ’ ” Crockett, Anna, Elsa, Ludwig Von Drake, “ Disney, George Lucas, Jamie Dimon, Michael Eisner, Laurene Powell Jobs, Abigail E, they’ve, ” Jessica Reif Ehrlich, “ Nelson Peltz, Neuberger Berman, Egan, Jones, ” Crocket, CNN’s Liam Reilly, Krystal Hur Organizations: CNN, Disney, Magic Kingdom, Disney’s, Trian Fund Management, Blackwells, Marvel, Netflix, Rosenblatt Securities, ESPN, ABC, Google, JPMorgan Chase, BofA Securities, California, Service Locations: Trian
Energy stocks rise after crude oil prices touch five-month highs
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy stocks rise after crude oil prices touch five-month highsFrancisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'The Exchange' to discuss what's driving energy prices, geopolitical impacts on energy supply and demand, and more.
Persons: Francisco Blanch Organizations: Energy, BofA Securities
It's exiting 160 VillageMD primary-care clinics, up from the previously planned 60. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Walgreens' healthcare business reported an operating loss of $1.7 billion in 2023, and VillageMD makes up the bulk of that business. The move to close so many clinics has some analysts questioning whether Walgreens plans to ditch its healthcare bets altogether. A Walgreens spokesperson said VillageMD has exited or plans to exit Florida, Indiana, Chicago, Massachusetts, Rhode Island, and Nevada.
Persons: VillageMD, , Tim Wentworth, Roz Brewer, Mary Langowski, John Driscoll, they've, Jack Slevin, Jefferies, Allen Lutz, Slevin, Cigna Organizations: Walgreens, Service, Express, Health, Summit Health, WBA, BofA Securities, Shields Health Solutions, Healthcare Locations: VillageMD, Chicago, Florida , Indiana, Chicago , Massachusetts, Rhode Island, Nevada
BofA Securities discusses Taiwan's chip sector
  + stars: | 2024-03-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA Securities discusses Taiwan's chip sectorSimon Woo, Asia-Pacific technology research coordinator at BofA Securities, says "as along as the demand remains high, strong, the chipmakers can relax."
Persons: Simon Woo Organizations: BofA Securities Locations: Asia, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil, copper and gold prices on the rise: BofA Securities' Francisco Blanch on commodity price trendsFrancisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'Squawk Box' to discuss the oil, copper and gold markets, why prices are reaching their highest levels in months, impact of interest rates, and more.
Persons: Francisco, Francisco Blanch Organizations: Email, BofA Securities
Bank of America is now one of the biggest bulls on Wall Street. .SPX 1Y mountain S & P 500 Bank of America hiked its forecast after companies showed that profit margins have held up despite big swings in interest rates and inflation. The S & P 500 has rallied about 8% this year and scored consecutive record highs. Subramanian noted that the advance in the S & P 500 has been "stubbornly narrow," with four stocks driving 45% of the February gains. "We expect leadership to broaden as the gap between earnings growth of the Magnificent 7 and the rest of the S & P 500 begin to narrow," she said.
Persons: Savita Subramanian, Subramanian Organizations: of America, BofA Securities, UBS, CNBC Pro Market, Survey, Bank of America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe idea that the market is too expensive should be debunked, says BofA's Savita SubramanianSavita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins 'Squawk Box' to discuss the latest market trends, why she believes the big surprises this year could be better growth numbers and cyclicals taking a leadership position, state of the economy, and more.
Persons: BofA's Savita Subramanian Savita Subramanian Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSlowing oil demand will keep barrel prices between $60-80 into 2029, says BofA's Francisco BlanchFrancisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'The Exchange' to discuss BofA's forecast for oil prices, the impacts these prices would have on oil-producing countries, and more.
Persons: BofA's Francisco Blanch Francisco Blanch Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese consumer downgrade trend continuing despite strong lunar new year data, says analystWinnie Wu, China equity strategist at BofA Securities, weighs in on which parts of the Chinese economy are seeing a pick up after the lunar new year.
Persons: Winnie Wu Organizations: BofA Securities Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBofA economist discusses what can be expected from Singapore's 2024 budgetKai Wei Ang, Asia and ASEAN economist at BofA Securities, says more measures targeting the higher-income group might be introduced to "broaden the tax base."
Persons: Kai Wei Ang Organizations: BofA Securities Locations: Asia, ASEAN
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