… benefit from robust near-term tailwinds, we view the shares as overvalued, since Sirius has not established an economic moat , and will need to compete against new entrants in the rapidly evolving industry. Sirius' large subscriber base is …
… likelihood of continued macroeconomic weakness in Europe and related impact on global trade. As a result we are reducing our fair value estimate to DKK 42,000 per share (from DKK 45,000). We are maintaining our economic moat rating (none).
… our thesis that the new entrants lack the scale, resources, network quality, and spectrum holdings to pierce the economic moat of the big three (Telus, Rogers Communications RCI, and Bell Canada BCE). While the deal still needs to be approved …
Julius Baer’s BAER first-quarter update, although brief as usual, reinforced our opinion that the bank’s wide moat is intact and that its acquisition of Merrill Lynch’s non-U.S. wealth management operations will prove a winning …
… developments will improve the company’s competitive advantage, and we are maintaining our view that Morrison lacks an economic moat and we don’t expect a material change to our GBX 300 fair value estimate. Economic moats are hard to cultivate in …
… CF's potential sales. Despite our expectations for near-term strength, we don't think CF Industries has an economic moat . Natural gas is the main feedstock in nitrogen fertilizer production, with about 45% of CF's cost of sales in …
… per share from $22 as we reduce our long-term revenue and operating profit margin forecasts. Aruba's lack of an economic moat is plainly evident in the current environment. Management delivered on its revised third-quarter guidance, with …
… the conference call of the competitive environment and the consumer's widened range of retailer choices underline our no- moat rating for Penney, yet comments from the call give us some confidence that the returning pre-Ron Johnson CEO Mike Ullman can …
… its significant competitive advantage in computer-aided design (CAD) software. Therefore, we maintain our wide economic moat and fair value of $38. For the quarter, revenue decreased 3% year over year to $570 million, the non-GAAP operating …
… solid portfolio of brands, we contend that Colgate has garnered a wide economic moat . While Colgate is obviously known for its oral care business (which ..... of the firm's cost of capital, providing support for Colgate's wide moat .