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Xiaomi Corp Valued At More Than $45 Billion After Funding Round

Xiaomi Corp has managed to raise $1 billion in its latest funding campaign, valuing the Chinese tech giant at more than $45 billion...

Google Inc Delays Fiber Expansion Plans For 34 Cities

Google has pulled back on its expansion plans for Google Fiber, stating it has a lot on its plate right now and will revisit the idea later ...

The Implications Of T-Mobile’s (TMUS) Data Stash Offer

Analysts believe that T-Mobile’s latest “Data Stash” offer is unlikely to provoke a response from AT&T and Verizon, which have alr...

Qualcomm Inc Improves Wi-Fi Ecosystem; Troubles In China Persist

Qualcomm attempts to boost its Wi-Fi ecosystem in China amid the NDRC investigation...

How Russian Sanctions Add To BP’s Woes

Bidness Etc outlines the problems faced by BP post the 2010 Gulf of Mexico oil spill and discusses how the Russian sanctions have impacted i...

Gilead Sciences (GILD) Should Be Worried: Achillion Pharmaceuticals’ (ACHN) Results For Hep C Drug Due Out Before Year-End

Gilead faces stiff competition in the hepatitis C market...

analysis
Xiaomi Corp Valued At More Than $45 Billion After Funding Round

Jack Schwager, author of the best-selling Market Wizards series and co-founder of FundSeeder, will be sharing his trading insights and knowl...

Google Inc Delays Fiber Expansion Plans For 34 Cities

Several energy companies are finding it difficult to issue debt, as sentiments sour on dipping oil prices...

The Implications Of T-Mobile’s (TMUS) Data Stash Offer

If you own an Apple iPhone, take a look at Bidness Etc’s round up of the best free apps of 2014...

Qualcomm Inc Improves Wi-Fi Ecosystem; Troubles In China Persist

Despite enjoying a tremendous stock run in 2014, Bidness Etc feels there still a lot of upside in Apple stock...

How Russian Sanctions Add To BP’s Woes

Over the last year, 3D printing company stocks have crashed and the future looks gloomy for most companies, as found by Bidness Etc’s prim...

Gilead Sciences (GILD) Should Be Worried: Achillion Pharmaceuticals’ (ACHN) Results For Hep C Drug Due Out Before Year-End

Jack Schwager, author of the best-selling Market Wizards series and co-founder of FundSeeder, will be sharing his trading insights and knowl...

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JPMorgan Chase (JPM) Sell-Side Expectations

Out of the 42 analysts covering JPMorgan, 32 recommended it as a buy. The highest target price stated by an analyst was $67 and lowest target price was $53. The consensus target price is of $61.75. The expected average growth for revenues is 3.17% and 15.55% for earnings, every year from 2013 to 2015. Barclays, which gave JPMorgan an overweight rating and target price of $65, expects macroeconomic conditions for the company to improve, resulting in higher loan growth and capital markets activity. Credit quality ratios will improve as the non-performing loans ratio and reserves-to-loans ratio will decline. The $4 billion settlement with the FHFA for litigation related to selling faulty mortgage-backed securities is a step in the right direction.

American Express (AXP) Valuation Sheet

American Express operates in a highly competitive industry, with card companies often undercutting each other for higher market share. It has a one-year forward P/E multiple of 15.3x. The average P/E multiple of card service companies is 17.9x, while the XLF exchange-traded fund has a P/E multiple of 12.8x. American Express’s share price on November 11, 2013 was $81.2. The stock is trending in line with the market. The stock is also trading at a 15% premium to its five year historical average multiple and a 16% discount to its competitors’ average forward multiple

Cisco (CSCO) Earnings Review

Cisco reported its first quarter earnings for fiscal year 2014, in which it missed revenue estimates but beating earnings estimates. Revenues increased 1.8% on a year-over-year basis and earnings increased 1.8%. Data Center was the best performing segment with a growth of 44%, followed by the Wireless and Security segments, both of which had a strong growth of 8%. However, NGN Routing revenues fell 1%, and Service Provider revenues declined 14%. Moreover, the order backlog for the company was lower than expected and the book-to-bill ratio was below one, causing Cisco to project a revenue decline of 8% to 10% due to slow order growth in emerging markets and slow growth from service providers.

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