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Chevron case could see Supreme Court sharply curtail power of federal regulators
Market Watch· 2024-01-18 10:43
最高法院保守派动机 - 保守派最高法院大法官支持削弱联邦监管机构的权力[1] - 特朗普总统任内重塑了最高法院,保守利益动机包括削弱监管国家和社会问题[2] - 两名特朗普任命的大法官领导了对判决的攻击[7] - 目前的最高法院,拥有6-3的保守多数,对联邦机构的权力持怀疑态度[20] 最高法院判决争议 - 不清楚是否会推翻指导美国法律四十年的先例[4] - 最高法院听取了两起商业渔民对费用要求的挑战,但案件事实在法庭上几乎没有被讨论[3] - 争论焦点在于法院是否应该推翻1984年的判决[4] - 反对判决的人认为法官过于频繁地使用它来橡皮图章政府官员的决定[24] 社会团体和政党的呼吁 - 环保、健康倡导团体、民权组织、劳工组织和民主党全国和州级别的人士敦促法院维持判决[28]
Spirit Airlines' odds on its own look shaky after judge blocks JetBlue merger, Fitch says
Market Watch· 2024-01-18 09:29
文章核心观点 - 联邦法官阻止捷蓝航空38亿美元收购精神航空的交易后,惠誉分析师对精神航空作为独立航空公司的前景表示怀疑,认为其改善利润面临“严重逆风”,且上诉裁决可能性不大,市场关注精神航空财务困境和生存几率 [1][3] 交易情况 - 周二联邦法官阻止捷蓝航空38亿美元收购精神航空的交易,称该交易将抑制竞争 [1] - 惠誉分析师称公司可上诉裁决,但此举可能性不大,雷蒙德·詹姆斯分析师萨万蒂·西思也认为上诉可能性不大 [1][3] 精神航空面临的问题 - 明年精神航空面临重大再融资风险,2025年9月其11亿美元忠诚度计划债务到期 [2] - 精神航空改善盈利能力面临严重逆风,包括发动机供应问题、部分休闲市场运力过剩和激烈竞争 [2] - 交易宣布到现在精神航空业务“转负”,此前有分析师指出捷蓝航空有机增长前景渺茫 [3] 精神航空的应对措施 - 惠誉预计精神航空会保护其流动性,该公司通过25架飞机的售后回租交易获得约4.19亿美元现金,更多此类交易及发动机制造商RTX公司子公司普惠的发动机相关付款或有助于改善财务状况 [2] 市场看法与股价表现 - 摩根大通和梅利乌斯研究的分析师称华尔街关注转向精神航空财务困境和生存几率 [3] - TD考恩分析师赫拉内·贝克尔认为精神航空可能寻找新买家或申请第11章破产保护后清算,还提及边疆航空虽可能再次出价,但该公司股价也有问题,自上次交易以来已跌超60% [3][4] - 精神航空股价周三收跌22.5%,盘后再跌1.8%,年初约16美元,裁决后现约6美元 [4]
Sheryl Sandberg to exit Meta board
Market Watch· 2024-01-18 07:11
Sheryl Sandberg, the longtime chief operating officer of Meta Platforms Inc. META, +0.25% who departed in September 2022 after 14 years, is now leaving the company’s board of directors. Sandberg, who announced her departure in a Facebook post, will become an informal adviser to the company in May. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg wrote on Facebook. ...
Plug Power's plan to sell stock is latest blow amid liquidity, supply challenges
Market Watch· 2024-01-18 06:32
Plug Power Inc. said Wednesday it could start to sell stock, and its shares were tumbling in late trading. The alternative-energy company has entered into an at-the-market issuance sales agreement with B. Riley Securities that will allow it to sell up to $1 billion in common stock, Plug Power PLUG, -10.03% said in an afternoon filing with the Securities and Exchange Commission. Shares of the company, which provides hydrogen fuel-cell technology, have collapsed over the past year, shedding more than 80% of t ...
Discover shares drop as company sets aside an extra $1 billion to guard against souring credit
Market Watch· 2024-01-18 06:03
Discover公司财务状况 - Discover金融服务公司第四季度利润不及预期,股价下滑[1] - 公司的信用损失准备金在季末达到19亿美元,比2022年同期增加10亿美元[3] - Discover第四季度净利润下降,每股收益从3.74美元降至1.54美元[5] - 分析师预期Discover第四季度每股收益为2.50美元,营收为41亿美元[6] - Discover的净利差下降至10.98%,高于FactSet预测的10.52%[7] Discover公司业务调整 - Discover将于周四举行电话会议讨论业绩,股价在盘后下跌6%[8] - 公司考虑出售学生贷款组合,任命新首席执行官Michael Rhodes[11] Discover公司合规与风险管理 - Discover公司在7月份承认在过去十多年中对一些商家收取过高费用[12] - Discover表示已经采取措施加强风险管理和合规程序[13]
Tesla could be staring down a year of ‘growing pains,' analyst cautions
Market Watch· 2024-01-18 04:51
特斯拉财报预测 - 特斯拉即将发布财报,分析师预计公司将面临“成长烦恼”[1] - 华尔街分析师预计特斯拉明年交付量将增长约13%,低于公司50%的长期目标[2] - 特斯拉将在下周三下午公布财报,分析师对汽车行业的盈利表现持谨慎态度,认为特斯拉风险最高[4] 特斯拉市场压力 - 分析师指出,特斯拉在中国降价并在德国暂停生产,同时面临宏观经济利率上升和电动汽车普及速度放缓的压力[3] - 华尔街将关注特斯拉的盈利情况,分析师预计价格下调将对最新季度的影响大于交付量的增加,预计毛利率为15.4%[5] - 分析师对美国的高租赁率对利润的影响表示关注,因为租赁车辆将符合IRA 45W税收抵免[6] 特斯拉股价预测 - 特斯拉股价目标被下调至223美元,反映了分析师对长期增长的预期下调[8] - 特斯拉股价在周三下午交易中下跌2.5%[9]
Justice Department could sue Apple as soon as March: report
Market Watch· 2024-01-18 04:45
The Justice Department could file an antitrust lawsuit against Apple Inc. AAPL, -0.47% as soon as March, Bloomberg reported Tuesday, citing people familiar with the matter. Attorneys from both sides have met three times over a potential suit, according to the report. The case would reportedly focus on software and hardware limitations on iPhones and iPads that impede competitive services. ...
‘Worn-out' investors are contributing to AMC's stock slide, Stocktwits says
Market Watch· 2024-01-18 04:21
Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently, a far cry from the heady days of 2021 that turned the movie-theater chain into a meme-stock phenomenon. AMC shares AMC, -2.26% continued their slide Wednesday and are on pace to extend their losing streak to six days. The stock is down 2.8% and trading around $4.09, putting it on pace for another record-low close. AMC shares also hit a new all-time intraday low of $4.01 Wednesday, according to Dow Jones Market Data, based o ...
Latest round of layoffs at Alphabet targets YouTube: report
Market Watch· 2024-01-18 03:57
YouTube is shaving an unspecified number of jobs, according to multiple reports, the latest sign of belt-tightening at Google parent Alphabet Inc. GOOGL, -1.15% GOOG, -1.21%. According to The Verge, Alphabet Chief Business Officer Mary Ellen Coe made the announcement Wednesday in an internal memo. Last week, more than 1,000 people were laid off from Alphabet. ...
Fisker loses its biggest bull as EV maker's stock breaks the buck
Market Watch· 2024-01-18 03:50
文章核心观点 - 电动汽车制造商菲斯克(Fisker)失去最乐观分析师,股价跌破1美元,分析师因公司持续积累“意外成长烦恼”而失去信心 [1] 分析师评级调整 - 分析师杰弗里·奥斯本(Jeffrey Osborne)将菲斯克股票评级从至少过去三年的“跑赢大盘”下调至“与大盘持平”,目标价从11美元降至1美元,为13位分析师中最低 [3] 股价表现 - 菲斯克股价午后下跌7.4%至历史低点,周二首次收于1美元以下,过去三个月暴跌85.4%,同期全球X自动驾驶与电动汽车ETF下跌3.4%,标准普尔500指数上涨8% [4][11] 公司面临问题 - 交付节奏不一致、分销策略转变以及对Ocean车型制动性能的调查,使分析师对推荐该股票持谨慎态度 [2] - 监管机构对制动性能的调查虽通常对汽车制造商财务影响小,但可能因交付与生产比率不稳定导致“重大延误”,影响投资者情绪 [7] - 公司本月早些时候宣布放弃直销模式,转向经销商合作模式,这不仅会给利润率带来压力,还需额外的州监管批准,且会加剧交付延迟 [8][9] 公司回应 - 公司对美国国家公路交通安全管理局(NHTSA)调查报道暂无评论 [6] - 公司已与未具名“大牌”经销商集团进行深入合作谈判,美国全国汽车经销商协会对其战略转变表示“兴奋” [10]