Consumer Edge Research

Consumer Edge News

Hertz Has First Profit in a Year After Revamped Fleet Boosts Pr

Bloomberg

Nov 09, 2017

Hertz Global Holdings Inc. reported its first quarterly profit in a year as better prices at the rental counter signaled the company’s turnaround efforts are gaining traction.

Adjusted profit was $1.42 per share in the third quarter, better than analysts’ average estimate. Daily U.S. rental-car rates improved by 2...
Read more…

GM Analysts Divided Over Automaker, Stock Falls

Bloomberg

Oct 30, 2017

General Motors Co. analysts are squaring off into two camps, and it’s the pessimists who resonated in Monday’s market.

The automaker fell 2.8 percent to $43.37 at the close in New York, after earlier declining the most since February as at least two analysts began questioning whether its core auto business can...
Read more…

GM Reminds Wall Street SUVs Still Worth Getting Excited For (1)

Bloomberg

Oct 24, 2017

 General Motors Co. just reminded Wall Street that there are reasons to get excited about its stock besides the hype around its technology advances.

Americans still want their SUVs, and the largest U.S. automaker beat analysts’ profit estimates by boosting sales of those more lucrative models. While GM slashed North...
Read more…

Tesla-Like Software Updates Put Dealers’ Profit Center at Risk

Bloomberg

Oct 20, 2017

Auto dealers already feuding with Elon Musk for cutting them out of the car-buying process have another reason to dislike Tesla Inc.

The over-the-air software updates Musk pioneered to add features or fix flaws in his electric vehicles are being embraced by more automakers, a potentially grim development for...
Read more…

For Hedge Funds, Mining The 'Human Element' May Hold Key For Op

Forbes

Sep 15, 2017

What happens when a buzzword like big data is uncovered as a half truth? While big data may be big in quantity, the data quality may be low grade and could even be hazardous to algorithms.

Factors that contribute to the declining value for much of big data include: fraud, inaccuracy, not representative of the market, incomplete,...
Read more…

Consumer Edge Research (CER) Announces Partnership with Prosper

Sep 14, 2017

Consumer Edge Research LLC (CER), today announced a strategic partnership with Prosper Insights & Analytics™ (Prosper). Prosper provides unique, syndicated datasets of the US and Chinese consumer with highly accurate “forward-looking” insights and analytics that improve forecasting on both macro-economic and company...
Read more…

Tesla's Model 3 Is Off And Running; Will Lack Of Money Short Ci

Aug 31, 2017

Now that the Model 3 is on the road, investors want to hear more about Tesla's TSLA -0.31%plans. How soon will it be in mass production? What else does Tesla have on the drawing board?

Jamie Albertine, senior auto analyst for Consumer Edge Research, said in an interview that such questions are bound to rise. "As...
Read more…

Consumer Edge Analyst Says Best Buy Is Doing A Lot Right

Bloomberg

Aug 30, 2017

David Schick, Consumer Edge Research senior analyst, discusses the outlook for Best Buy Co. amid the looming threat from Amazon.com Inc. He speaks with Bloomberg's Scarlet Fu and Julia Chatterley on "Bloomberg Markets." (Source: Bloomberg)


Read more…

Sotheby's Flirts With Record High

Bloomberg

Jul 25, 2017

(Bloomberg) -- Sotheby’s climbed to the highest price since going public in 1988, a sign of investor optimism about the art market’s recovery and management led by Chief Executive Officer Tad Smith.. Shares of the New York-based auction house for art and collectibles touched $57.81 Tuesday, the highest since October 2007....
Read more…

Remote upgrades and anticipated 2017 Model 3 deliveries drive T

CNBC

May 31, 2017

Tesla makes money not just on the initial sale, but on remote upgrades.

  • The company is "doing something no one else is able to do."
  • Future success depends on a timely Model 3 release.

Tesla bulls believe in the electric car maker's strategy, analyst James Albertine told...
Read more…