CLSA

Latest stories

3h
The Economic Times
Use dips to enter market: Five stocks to look at after Q1 resultsbe seen as opportunities to buy stocks at lower levels," he added. In separate
Use dips to enter market: Five stocks to look at after Q1 results
The Economic Times / Posted 3 hours ago
be seen as opportunities to buy stocks at lower levels," he added. In separate notes to clients, global brokerage firms CLSA, Nomura, Deutsche Bank and Jefferies maintained buy ratings on the following five stocks after their June quarter... Read more
8h
Finance Asia
China bad debt data may understate banking riskstandard international practice is to classify loans as nonperforming if they a
China bad debt data may understate banking risk
Finance Asia / Posted 8 hours ago
standard international practice is to classify loans as nonperforming if they are overdue for 90 days or more, according to CLSA. In China, banks tend to delay the recognition of NPLs longer than the norm, CLSA said in a May report. "China's NPL... Read more
18h
Zero Hedge
Chinese Stocks Sink Over Fears Regulators Will Curb Wealth Management Schemesbeen investing in WMPs to funnel money into the stock market,” said Francis Che
Chinese Stocks Sink Over Fears Regulators Will Curb Wealth Management Schemes
Zero Hedge / Posted 18 hours ago
been investing in WMPs to funnel money into the stock market,” said Francis Cheung, head of China and Hong Kong strategy at CLSA Ltd. in Hong Kong. “It’s non-transparent, so I understand why regulators would try to act. But if this causes too much... Read more
22h
Business Wire
Media Advisory: California Life Sciences Association Hosts CDC Director for Discussion on Pandemic Preparedness with Academic and Industry ExpertsDr. Thomas R. Frieden, Director, Centers for Disease Control and Prevention (CD
Media Advisory: California Life Sciences Association Hosts CDC Director for Discussion on Pandemic Preparedness with Academic and Industry Experts
Business Wire / Posted 22 hours ago
Dr. Thomas R. Frieden, Director, Centers for Disease Control and Prevention (CDC), four leading health experts will join CLSA to discuss how effective and timely responses to emergent public health crises and pandemic threats – Ebola, H1N1, SARS,... Read more
1d
The Economic Times
CLSA says rally in Indian market may sustain if global fiscal stimulus announcedahead of fundamentals but the same could sustain if expectation of announcement
CLSA says rally in Indian market may sustain if global fiscal stimulus announced
The Economic Times / Posted yesterday
ahead of fundamentals but the same could sustain if expectation of announcement of global fiscal stimulus are met, said CLSA India in a note. "As of now, it appears that the easy liquidity conditions could sustain in the visible future," the... Read more
2d
Market Watch
Nintendo post-Pokemon plunge could go a lot fartherimpact on earnings, but one analyst who called this selloff two weeks ago belie
Nintendo post-Pokemon plunge could go a lot farther
Market Watch / Posted 2 days ago
impact on earnings, but one analyst who called this selloff two weeks ago believes shares could fall much more. But CLSA analyst Jay Defibaugh believes the stock could halve again during the next 12 months. In a July 15 note to clients, in... Read more
3d
Business Standard India
Biocon: Positives factored infeel growth through four products, if launched successfully, will be back-ended
Biocon: Positives factored in
Business Standard India / Posted 3 days ago
feel growth through four products, if launched successfully, will be back-ended with benefits flowing in later. Analysts at CLSA had said the US and EU are in an early stage of the biosimilar approvals cycle and one cannot rule out regulatory... Read more
4d
dna
Reliance Jio to rollout 4G services in next three months: CLSAventure Reliance Jio may commercially launch 4G voice and high-speed data servi
Reliance Jio to rollout 4G services in next three months: CLSA
dna / Posted 4 days ago
venture Reliance Jio may commercially launch 4G voice and high-speed data services in the next three months, brokerage CLSA said. "Several indicators suggest a strong possibility of commercial launch of Jio's services within the next three... Read more
32 related stories
4d
The Seattle Times
Skype’s evolution at Microsoft could hint at plans for LinkedInintelligent, next-generation software. “It’s what Microsoft is doing more of,”
Skype’s evolution at Microsoft could hint at plans for LinkedIn
The Seattle Times / Posted 4 days ago
intelligent, next-generation software. “It’s what Microsoft is doing more of,” said Ed Maguire, a software analyst with CLSA. “Buying a massive user base, not messing with it too much, and finding ways to tie it into the core franchise.” Last... Read more
4d
Namibia Economist
Everything under the Sonit to become a big player in the internet of things. Mr Son is showing his seri
Everything under the Son
Namibia Economist / Posted 4 days ago
it to become a big player in the internet of things. Mr Son is showing his seriousness on this, argues Oliver Matthew of CLSA, a stockbroker. One of Mr Son’s more restrained forecasts about the future of technology is that by 2040, everyone will... Read more
5d
Business Insider
SELL NINTENDOrecently said "it's too early to include Pokémon Go in our forecasts for Ninten
SELL NINTENDO
Business Insider / Posted 5 days ago
recently said "it's too early to include Pokémon Go in our forecasts for Nintendo for now." Analysts at the investment bank CLSA rate Nintendo a "sell." Investors have been slow to cotton on to Pokémon Go's ownership structure. Nintendo shares more... Read more
5d
New Kerala
4G deals ahead of Jio entry, with more data for same tariff - newkerala.com #94001network by capacity. The extension of Jio promo offer to Samsung phones is to b
4G deals ahead of Jio entry, with more data for same tariff - newkerala.com #94001
New Kerala / Posted 5 days ago
network by capacity. The extension of Jio promo offer to Samsung phones is to be seen as a progression of the launch. CLSA: The company is reportedly extending this further to select Apple and HP handsets and more such announcements are likely... Read more
32 related stories
6d
The Economic Times
Look which Indian firms just made it to Fortune500! Do you own these stocks?refining. The start of projects worth $35 billion over the next six months coul
Look which Indian firms just made it to Fortune500! Do you own these stocks?
The Economic Times / Posted 6 days ago
refining. The start of projects worth $35 billion over the next six months could be a key catalyst for the company," feels CLSA, which has a target price of Rs 1,350 on the stock. Investment banking firm Deutsche Bank, though, has pared its... Read more
6d
The Economic Times
Light up your portfolio with ITC; stock can rally up to 16% in a yearNEW DELHI: Global brokerage firms such as Credit Suisse, BofA-ML and CLSA maint
Light up your portfolio with ITC; stock can rally up to 16% in a year
The Economic Times / Posted 6 days ago
NEW DELHI: Global brokerage firms such as Credit Suisse, BofA-ML and CLSA maintained buy ratings on the ITC stock after the diversified conglomerate on Thursday reported a 10 per cent jump net profit and an 8.3 per cent revenue growth for the quarter... Read more
5 related stories
6d
MacDailyNews
Apple to rake in $3 billion from Pokémon GO over the next 2 years – MacDailyNewsowns just a 32% stake in the Pokémon Company, which jointly developed the game
Apple to rake in $3 billion from Pokémon GO over the next 2 years – MacDailyNews
MacDailyNews / Posted 6 days ago
owns just a 32% stake in the Pokémon Company, which jointly developed the game with Niantic Inc., a spinoff of Alphabet. CLSA analyst Jay Defibaugh said last week that Nintendo may receive ‘little direct profit’ from the game, given its minor... Read more
6d
Business Standard India
Reliance Jio's 4G rollout in next three months: CLSACompany management believes Jio's network can easily handle usage of 5 GB per m
Reliance Jio's 4G rollout in next three months: CLSA
Business Standard India / Posted 6 days ago
Company management believes Jio's network can easily handle usage of 5 GB per month data each, by over 100 million subscribers "Several indicators suggest a strong possibility of commercial launch... Read more
32 related stories
6d
The Economic Times
Reliance Jio's 4G rollout in next three months: CLSAwith the launch readiness indicated by the management in its post (Q1) results
Reliance Jio's 4G rollout in next three months: CLSA
The Economic Times / Posted 6 days ago
with the launch readiness indicated by the management in its post (Q1) results analyst meet suggests an imminent launch," CLSA added. With 1.5 million subscribers using an average of 26 GB a month, Jio's monthly data traffic is nearing 39 million... Read more
32 related stories
7d
Market Watch
China's gas exports surge to record highregional refining margin averaged around $5 to $6 a barrel, but could drop to a
China's gas exports surge to record high
Market Watch / Posted 7 days ago
regional refining margin averaged around $5 to $6 a barrel, but could drop to around $3 a barrel in the third quarter, said CLSA analyst Nelson Wang. "The weakening margins means refiners in China, South Korean and Japan, will have no choice but to... Read more
66 related stories
7d
The Economic Times
Dark clouds or silver lining? Brokerages divided on Wiprothe stock off its lows. The stock ended down 2% at Rs 538.60. However, not all
Dark clouds or silver lining? Brokerages divided on Wipro
The Economic Times / Posted 7 days ago
the stock off its lows. The stock ended down 2% at Rs 538.60. However, not all brokerages are negative on the stock. CLSA has maintained 'outperform' rating on the stock due to 'undemanding' valuations and expectation of a delayed turnaround... Read more
7d
The Economic Times
Ambuja, Tata Motors among 5 stocks top brokerages betting on despite tepid Q1Rs 3,500 cr from Ambuja. The benefits are likely to come through areas of powe
Ambuja, Tata Motors among 5 stocks top brokerages betting on despite tepid Q1
The Economic Times / Posted 7 days ago
Rs 3,500 cr from Ambuja. The benefits are likely to come through areas of power and fuel, cross bagging and overheads. CLSA prefer Ambuja over ACC due to greater savings potential and past commitments of stake increases. The global brokerage... Read more
7d
The Economic Times
Heydays of IT may be over, but slow & steady TCS to outpace Infy, Wiprothe big miss on revenue, the guidance for the full year remains challenging des
Heydays of IT may be over, but slow & steady TCS to outpace Infy, Wipro
The Economic Times / Posted 7 days ago
the big miss on revenue, the guidance for the full year remains challenging despite the cut," said brokerage firm CLSA, which has cut its target price on the stock to Rs 1,200 from Rs 1,320. The brokerage has cut Infosys' dollar revenue... Read more
7d
5KSDK St. Louis
DOJ approves Anheuser-Busch InBev's $107 billion deal for SABMillerbeer market, says Caroline Levy, managing director, U.S. equity research for in
DOJ approves Anheuser-Busch InBev's $107 billion deal for SABMiller
5KSDK St. Louis / Posted 7 days ago
beer market, says Caroline Levy, managing director, U.S. equity research for independent brokerage and investment group CLSA. Its acquisition of London-based SAB Miller, the No. 2 brewer, will increase that global share to 28% "They increased... Read more
74 related stories
7d
CBS News
Here's wall both GOP and Dems want to (re)buildCEOs are concerned about the degree of regulatory oversight," said Mike Mayo, a
Here's wall both GOP and Dems want to (re)build
CBS News / Posted 7 days ago
CEOs are concerned about the degree of regulatory oversight," said Mike Mayo, a veteran banking analyst with brokerage CLSA. "The potential return of Glass-Steagall would put those concerns front and center." Although Dodd-Frank helped rein in... Read more
33 related stories
8d
Detroit Free Press
The Market In 5 Minutes: Netflix earnings disappointin start up mode which is exactly where they should be. The day they manage for
The Market In 5 Minutes: Netflix earnings disappoint
Detroit Free Press / Posted 8 days ago
in start up mode which is exactly where they should be. The day they manage for earnings, is the day I sell the stock." CLSA upgraded Chipotle (NYE:CMG) to Outperform. Yahoo CEO Marissa Mayer said the company has no announcement yet on the sale... Read more
8d
CNBC
Early movers: GS, UNH, JNJ, NFLX, PM, CMG, IBM, YHOO, AMZN & morethe fourth quarter in particular. Chipotle Mexican Grill — The restaurant chai
Early movers: GS, UNH, JNJ, NFLX, PM, CMG, IBM, YHOO, AMZN & more
CNBC / Posted 8 days ago
the fourth quarter in particular. Chipotle Mexican Grill — The restaurant chain's stock was upgraded to "outperform" at CLSA, which sees better customer traffic, as well as future benefits from its summer loyalty program. IBM — IBM reported... Read more
9d
The Economic Times
4 Sensex stocks where top brokerages maintained buy ratings post Q1 resultsmixed in their ratings of companies that have come out with their quarterly num
4 Sensex stocks where top brokerages maintained buy ratings post Q1 results
The Economic Times / Posted 9 days ago
mixed in their ratings of companies that have come out with their quarterly numbers so far. However, top brokerages CLSA and Nomura have maintained buy ratings on the following Sensex stocks. The environment remains challenging where market... Read more
9d
dna
ICICI Prudential Life files for Rs 5,000-crore IPOAmerica Merrill Lynch and ICICI Securities are global book running lead merchan
ICICI Prudential Life files for Rs 5,000-crore IPO
dna / Posted 9 days ago
America Merrill Lynch and ICICI Securities are global book running lead merchant bankers (BRLM) to the issue. Others are CLSA, Deutsche, Edelweiss, HSBC, IIFL, JM Financial and SBI Capital Markets. A maximum 50% of the issue size will be... Read more
14 related stories
9d
The Economic Times
ICICI Prudential Life listing may fetch ICICI Bank Rs 6,300 croreof ICICI-Prudential's paid-up capital. Eleven bankers, including Bank of Ameri
ICICI Prudential Life listing may fetch ICICI Bank Rs 6,300 crore
The Economic Times / Posted 9 days ago
of ICICI-Prudential's paid-up capital. Eleven bankers, including Bank of America Merrill Lynch, ICICI Securities and CLSA India, have been appointed for the transaction and the listing could happen before the end of the current financial... Read more
14 related stories
9d
asianage
ICICI Prudential files for biggest IPO in six yearsof America Merrill Lynch and ICICI Securities are global book running lead merc
ICICI Prudential files for biggest IPO in six years
asianage / Posted 9 days ago
of America Merrill Lynch and ICICI Securities are global book running lead merchant bankers (BRLM) to the issue. Others are CLSA, Deutsche, Edelweiss, HSBC, IIFL, JM Financial and SBI Capital Markets. A maximum 50 per cent of the issue size will be... Read more
14 related stories
9d
Business Standard India
ICICI Prudential Life files papers for public offerAmerica Merrill Lynch and ICICI Securities are global book-running lead merchan
ICICI Prudential Life files papers for public offer
Business Standard India / Posted 9 days ago
America Merrill Lynch and ICICI Securities are global book-running lead merchant bankers (BRLM) to the issue. Others are CLSA, Deutsche, Edelweiss, HSBC, IIFL, JM Financial, and SBI Capital Markets. A maximum 50 per cent of the issue size will... Read more
14 related stories
9d
Zero Hedge
The Entire Financial System Is Exposed To This 'Junk' Bond Marketis a stated aim of most governments, QE has been a disaster. But it has done w
The Entire Financial System Is Exposed To This 'Junk' Bond Market
Zero Hedge / Posted 9 days ago
is a stated aim of most governments, QE has been a disaster. But it has done wonders for bond prices. John Seagrim of CLSA points out that despite having yielded very little for a very long time, Japanese Government Bonds (JGBs) have been... Read more
9d
Business Standard India
Rate-sensitive stocks on a rollmargin due to increase in commodity prices," says a result preview note from Ko
Rate-sensitive stocks on a roll
Business Standard India / Posted 9 days ago
margin due to increase in commodity prices," says a result preview note from Kotak Institutional Equities. Analysts at CLSA recommend increasing exposure to the real estate, banking and financial services sectors. "Monetary easing expectations... Read more
2 related stories
10d
Business Standard India
Rate sensitives outperform in a buoyant marketcycle uptrend to continue for next two - three quarters, and sees a sharp rebou
Rate sensitives outperform in a buoyant market
Business Standard India / Posted 10 days ago
cycle uptrend to continue for next two - three quarters, and sees a sharp rebound in tractor sales. On the other hand, CLSA recommends increasing exposure to the real estate, banking and financial services sector in the backdrop of increased... Read more
2 related stories
12d
Fortune
The Most Important Number in Bayer’s New Bid for Monsantoyesterday to $64 billion, upping its offer from $122 per share to $125. That’s
The Most Important Number in Bayer’s New Bid for Monsanto
Fortune / Posted 12 days ago
yesterday to $64 billion, upping its offer from $122 per share to $125. That’s a 2.5% increase, which Mark Connelly of CLSA Americas called a “rounding error” in an analyst note last night. “They threw this out there to keep their deal alive,”... Read more
22 related stories
13d
The Economic Times
Earnings growth of RIL may take a hit on the back of falling global refining marginsof the total operating profit. The operating profit of petrochemical segment is
Earnings growth of RIL may take a hit on the back of falling global refining margins
The Economic Times / Posted 13 days ago
of the total operating profit. The operating profit of petrochemical segment is expected to increase more than 20% sequential. According to CLSA, a broker, petrochemical operating profit may increase by 34% QoQ to Rs 3,460 crore, a new record... Read more
16 related stories
13d
Market Watch
What happens now that Treasurys hit their target?and devalue dramatically overnight, that would mean the credit bubble unravelin
What happens now that Treasurys hit their target?
Market Watch / Posted 13 days ago
and devalue dramatically overnight, that would mean the credit bubble unraveling has reached crisis proportions. In May, CLSA put the estimate of bad loans in the banking system reaching 20% to 25% of total loans from the present estimate of 15%... Read more
13d
Market Watch
Nintendo stock a sell despite huge success of Pokémon GoNintendo Co. shares were initiated with a sell rating at CLSA on Thursday, desp
Nintendo stock a sell despite huge success of Pokémon Go
Market Watch / Posted 13 days ago
Nintendo Co. shares were initiated with a sell rating at CLSA on Thursday, despite the fact that millions of people have downloaded Pokémon Go over the past week. The mobile augmented-reality game has been the top ranking and earning app since its... Read more
5 related stories
13d
Business Standard India
Nifty ends above 8,550 on GST hopes, monsoonto the company's annual report, Bharat Forge has sold 49% stake in its defence
Nifty ends above 8,550 on GST hopes, monsoon
Business Standard India / Posted 13 days ago
to the company's annual report, Bharat Forge has sold 49% stake in its defence subsidiary to the promoter group. A CLSA report said that this move hints towards corporate governance issues and is a negative. SRF ended up 2% on reports that... Read more
4 related stories
13d
Business Insider
Pokemon Go is not enough to stop banks telling investors to abandon Nintendo stockNintendo was the original creator of Pokemon video games and holds some licensi
Pokemon Go is not enough to stop banks telling investors to abandon Nintendo stock
Business Insider / Posted 13 days ago
Nintendo was the original creator of Pokemon video games and holds some licensing rights to Pokemon Go, but as analysts at CLSA and Macquarie Research point out, Nintendo is not the main beneficiary of how well Pokemon Go does because it didn't... Read more
5 related stories
14d
Business Standard India
Nifty hits 8,550; Tata Motors up 1%to the company's annual report, Bharat Forge has sold 49% stake in its defence
Nifty hits 8,550; Tata Motors up 1%
Business Standard India / Posted 14 days ago
to the company's annual report, Bharat Forge has sold 49% stake in its defence subsidiary to the promoter group. A CLSA report said that this move hints towards corporate governance issues and is a negative. Among other shares, SRF has... Read more
4 related stories
14d
Business Standard India
Bharat Forge stock down over 3% on corporate governance issue, weak outlookCLSA raises concern on company selling 49% stake of defence subsidiary to promo
Bharat Forge stock down over 3% on corporate governance issue, weak outlook
Business Standard India / Posted 14 days ago
CLSA raises concern on company selling 49% stake of defence subsidiary to promoters Forging major Bharat Forge's stock was down over 3% during the early hours of trading on... Read more
14d
Zero Hedge
As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbortheir total output abroad within three years, up from around 10% currently, say
As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbor
Zero Hedge / Posted 14 days ago
their total output abroad within three years, up from around 10% currently, says Nelson Wang, energy analyst at brokerage CLSA, based on recent conversations with a number of such operators. But who will they sell too? After all the world is... Read more
2 related stories
14d
WA Today
NAB wealth shake-up creates country’s biggest retail super fundof Australia's largest retail superannuation fund shows our confidence in the g
NAB wealth shake-up creates country’s biggest retail super fund
WA Today / Posted 14 days ago
of Australia's largest retail superannuation fund shows our confidence in the growth of the business," Mr Hagger said. CLSA analyst Brian Johnson said MLC as a whole had not reached the potential NAB hoped when it bought the wealth manager... Read more
5 related stories
14d
The Age
NAB wealth shake-up creates country’s biggest retail super fundof Australia's largest retail superannuation fund shows our confidence in the g
NAB wealth shake-up creates country’s biggest retail super fund
The Age / Posted 14 days ago
of Australia's largest retail superannuation fund shows our confidence in the growth of the business," Mr Hagger said. CLSA analyst Brian Johnson said MLC as a whole had not reached the potential NAB hoped when it bought the wealth manager... Read more
5 related stories
14d
Sydney Morning Herald
NAB wealth shake-up creates country’s biggest retail super fundof Australia's largest retail superannuation fund shows our confidence in the g
NAB wealth shake-up creates country’s biggest retail super fund
Sydney Morning Herald / Posted 14 days ago
of Australia's largest retail superannuation fund shows our confidence in the growth of the business," Mr Hagger said. CLSA analyst Brian Johnson said MLC as a whole had not reached the potential NAB hoped when it bought the wealth manager... Read more
5 related stories
14d
Canberra Times
NAB wealth shake-up creates country’s biggest retail super fundof Australia's largest retail superannuation fund shows our confidence in the g
NAB wealth shake-up creates country’s biggest retail super fund
Canberra Times / Posted 14 days ago
of Australia's largest retail superannuation fund shows our confidence in the growth of the business," Mr Hagger said. CLSA analyst Brian Johnson said MLC as a whole had not reached the potential NAB hoped when it bought the wealth manager... Read more
5 related stories
14d
Brisbane Times
NAB wealth shake-up creates country’s biggest retail super fundof Australia's largest retail superannuation fund shows our confidence in the g
NAB wealth shake-up creates country’s biggest retail super fund
Brisbane Times / Posted 14 days ago
of Australia's largest retail superannuation fund shows our confidence in the growth of the business," Mr Hagger said. CLSA analyst Brian Johnson said MLC as a whole had not reached the potential NAB hoped when it bought the wealth manager... Read more
5 related stories
15d
FOX Business
Why Teradata Corporation Fell 11.5% in Juneso the prospect of slower orders from that hamstrung economy can be scary to Te
Why Teradata Corporation Fell 11.5% in June
FOX Business / Posted 15 days ago
so the prospect of slower orders from that hamstrung economy can be scary to Teradata investors. Then, analyst firm CLSA posted a report, explaining that a low-cost bulk storage product known as Amazon Redshift is growing much faster than... Read more
15d
FOX Business
Why Teradata Corporation Fell 11.5% in Juneso the prospect of slower orders from that hamstrung economy can be scary to Te
Why Teradata Corporation Fell 11.5% in June
FOX Business / Posted 15 days ago
so the prospect of slower orders from that hamstrung economy can be scary to Teradata investors. Then, analyst firm CLSA posted a report, explaining that a low-cost bulk storage product known as Amazon Redshift is growing much faster than... Read more
15d
WA Today
Mirvac restructures reporting systemseparately. Each segment will include its own investment and development projec
Mirvac restructures reporting system
WA Today / Posted 15 days ago
separately. Each segment will include its own investment and development projects. Sholto Maconochie​, the analyst at CLSA, said Mirvac has underperformed year to date, primarily due to negative residential sentiment. "However, while we... Read more
5 related stories
More

People in this news