Analyst news

• CORRECTED-UPDATE 1-Fitbit announces early lockup expiration, share offering

  02-11-2015 23:23
  Nov 2 (Reuters) - Wearable fitness device maker Fitbit Inc said it agreed to an early release of lockup restrictions on about 10 percent of shares held by employees and consultants, and the company...
  
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• US STOCKS-Wall St climbs, led by energy, healthcare; Nasdaq 100 hits 15-year high

  02-11-2015 22:46 via rocketnews.com
  * Dyax (NasdaqGM: DYAX – news) soars after Shire (Xetra: S7E.DE – news) offers to buy company* Visa (Xetra: A0NC7B – news) falls after offer to buy Visa Europe
  * HP Inc, Hewlett Packard Enterprise start trading aftersplit
  * Indexes up: Dow 0.94 pct, S&P 1.19 pct, Nasdaq (NasdaqGS: NDAQ – news) 1.45 pct (Updates to close)
  By Lewis Krauskopf
  Nov 2 (Reuters) – U.S(Other OTC: UBGXF – news) . stocks added to their recent run withgains across all sectors on Mond
  
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• UPDATE 2-HP Inc shares soar, HPE's volatile in first day of trade since split

  02-11-2015 22:22
  Nov 2 (Reuters) - Shares of HP Inc, which houses the legacy printer and PC business, soared as much as 14.4 percent on Monday, while those of Hewlett Packard Enterprise Co, considered the...
  
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• Wall St. rallies, Nasdaq 100 hits 15-year high

  02-11-2015 22:09 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks added to their recent run with sharp gains on Monday, as the beaten-down energy group and the acquisition-driven healthcare industry led increases across all sectors.
  
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• GBP/USD Technical Analysis: Convoluted Price Action Ahead of Super Thursday

  02-11-2015 21:47
  
  In our last piece, we looked at a short setup in GBP/USD after a trend-channel resistance inflection, combined with the major psychological level at 1.5500 for stop placement. All three targets provided for the short-side were quickly met, as FOMC-driven USD-strength brought the Cable below the vaulted 1.5250 psychological level, albeit temporarily.
  
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• GBP/JPY Technical Analysis: Bear-Flag Breaks, But a New Trend-Line Emerges

  02-11-2015 21:21
  
  GBP/JPY continued to ride within the bear-flag identified in our last piece, until a major break lower on the back of a ‘no-move’ from the Bank of Japan.
  
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• Wall St. up after factory data; Nasdaq 100 hits 15-year high

  02-11-2015 21:13 via news.yahoo.com
  
  The Nasdaq 100 touched its highest intraday level in more than 15 years. Elsewhere, factory activity in Germany beat economists' estimates, and manufacturing in Central and eastern Europe kept up a robust pace in October. "The fact that we have got sturdy numbers from outside the U.S. accompanied by a relatively decent...(U.S. manufacturing) report, I think that cocktail was supportive of risk assets getting a boost," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in
  
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• US STOCKS-Wall St up after factory data; Nasdaq 100 hits 15-year high

  02-11-2015 21:04 via news.yahoo.com
  
  U.S. stocks climbed on Monday after a raft of manufacturing data globally and strength in healthcare shares following more acquisition activity. The gains continued Wall Street's momentum in the first ...
  
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• UPDATE 2-Citron publishes no new allegations against Valeant, shares rise

  02-11-2015 20:29
  NEW YORK, Nov 2 (Reuters) - Influential short-selling firm Citron Research did not publish new allegations against Valeant Pharmaceuticals International Inc on Monday as many investors had...
  
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• USD/CHF Technical Analysis: Big Picture Fib Resistance Sets the Top

  02-11-2015 20:19
  
  The symmetrical wedge that we identified previously has finally given way after catching near-term resistance to close the previous week. But surging prices left this trend-line in the dust, and higher-highs and higher-lows have begun to show a bullish bias in USD/CHF.
  
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• Webinar: Big Data Week to Threaten USD- RBA, BoE, NFP Setups in Focus

  02-11-2015 20:15
  
  The USD crosses are in focus ahead of major event risk this week. Here are the updated targets & invalidation levels that matter.
  
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• Wall St. up on factory activity data, health care rally

  02-11-2015 19:18 via news.yahoo.com
  
  (Reuters) - Wall Street was higher on Monday as data showed factory activity was beginning to stabilize in key countries and health care stocks rallied.
  
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• Goldman Sachs says Valeant has long road ahead, cuts rating

  02-11-2015 19:16
  Nov 2 (Reuters) - Goldman Sachs on Monday downgraded Valeant Pharmaceuticals International Inc's stock, nearly two weeks after an influential short seller accused the Canadian drug maker of cooking...
  
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• USD/JPY Rebound Eyes Range-Resistance Ahead of BoJ Minutes

  02-11-2015 19:05
  
  The near-term rebound in USD/JPY may open up the top of the current range amid the deviating paths for monetary policy.
  
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• Gold Price Outlook: A Technical Trader’s Market

  02-11-2015 18:57
  
  Continued weakness in Gold prices have come down to a projected trend-line from the July lows.
  
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• UPDATE 4-Shire to buy Dyax for $5.9 bln, still wants Baxalta

  02-11-2015 18:52
  * CEO insists still has capacity to buy Baxalta (Adds Breakingviews link, updates share prices)
  
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• Food safety scare sends Chipotle shares to four-month low

  02-11-2015 18:37
  LOS ANGELES, Nov 2 (Reuters) - Chipotle Mexican Grill Inc's shares touched their lowest level since July after the popular burrito chain said it closed 43 restaurants in Seattle and Portland, Oregon,...
  
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• UPDATE 3-MTN shares drop as telecoms firm negotiates Nigeria fine

  02-11-2015 18:26
  * Yields on MTN eurobonds rise to record high (Adds comment from MTN's largest shareholder, updates shares)
  
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• US stocks climb, led by gains in the health care sector

  02-11-2015 18:20 via news.yahoo.com
  
  NEW YORK (AP) — Stocks are rising on Wall Street Monday as the market comes off its biggest monthly gain in four years. Health care stocks were among the winners in midday trading as drugmakers Pfizer and AbbVie climbed.
  
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• FTSE steadies at close as weaker miners offset stronger banks

  02-11-2015 18:06
  LONDON, Nov 2 (Reuters) - Britain's top equity index steadied on Monday, with a sharp drop in drugmaker Hikma after an update and weaker miners following China's factory data offsetting a late rally...
  
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• S&P 500 Technical Outlook: New Line in the Sand at 2,100

  02-11-2015 17:57
  
  Risk is on in a very big way.But last week's high can help set the tone for trading setups in the S&P for the week ahead.
  
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• Wall Street higher after better-than-expected factory data

  02-11-2015 17:47 via news.yahoo.com
  
  The S&P 500 was up 15 points, or 0.72 percent, at 2,094.36 and the Nasdaq composite index was up 45.33 points, or 0.9 percent, at 5,099.08. Eight of the 10 major S&P sectors were higher, with the health care sector's 1.75 percent rise leading the advancers.
  
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• FTSE steadies as weaker miners offset stronger banks

  02-11-2015 17:24
  LONDON, Nov 2 (Reuters) - Britain's top equity index steadied on Monday, with a sharp drop in drugmaker Hikma after an update and weaker miners following China's factory data offsetting a late rally...
  
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• Price & Time: EUR/JPY - BoJ Out of the Way But Big Week For EUR/JPY

  02-11-2015 16:40
  
  EUR/JPY will be facing an important timing confluence this week. Fibonacci zone between 131.00 and 132.00 will be key price levels.
  
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• Silver Price: Adding To Losses On Higher Interest Rates

  02-11-2015 16:39
  
  Silver is soft as the U.S. Dollar and short-term interest rates drift higher. Price may reach $15.
  
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• Citron does not release new allegations on Valeant

  02-11-2015 16:23
  Nov 2 (Reuters) - Short-seller Citron Research did not make any new allegations on Canadian drugmaker Valeant Pharmaceuticals International Inc in a report published on Monday.
  
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• HP Inc shares outpace those of HPE in first trades since split

  02-11-2015 16:21
  Nov 2 (Reuters) - Shares of HP Inc, the legacy printer and PC business of the former Hewlett-Packard Co, soared as much as 11 percent in early trading on Monday, outpacing those of Hewlett Packard...
  
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• Wall Street drifts higher ahead of factory data

  02-11-2015 16:10 via news.yahoo.com
  
  U.S. stocks were marginally higher on Monday as investors assessed factory activity data from China and Germany, and ahead of U.S. manufacturing data. China's official factory data on Sunday showed activity unexpectedly shrank for a third straight month in October, though the contraction was modest. A private survey showed on Monday that the pace of decline in China's factory activity has slowed, while Germany reported better-than-expected manufacturing activity for October.
  
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• US stocks climb in early trading, led by health care sector

  02-11-2015 16:06 via news.yahoo.com
  
  NEW YORK (AP) — Stocks are opening slightly higher on Wall Street as the market comes off its biggest monthly gain in four years. Health care stocks were among the early winners.
  
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• COT - Change in Euro Positioning is a Record

  02-11-2015 16:06
  
  The 1 week changes in commercial and non-commercial (large speculators) positioning on euro futures last week was a record. Commercials were buyers and speculators were sellers. The implication is near term bullish.
  
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• Wall Street opens higher ahead of factory data

  02-11-2015 15:37 via news.yahoo.com
  
  (Reuters) - U.S. stocks opened higher on Monday as investors assessed reports on factory activity from China and Germany, ahead of U.S. manufacturing data. The Dow Jones industrial average was down 1.37 points, or 0.01 percent, to 17,662.17, the S&P 500 gained 1.89 points, or 0.09 percent, to 2,081.25 and the Nasdaq composite index added 11.60 points, or 0.23 percent, to 5,065.35. (Reporting by Tanvi Mehta in Bengaluru; Editing by Savio D'Souza)
  
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• UK And US Prepare For Cyber Attack Stress Test

  02-11-2015 15:16 via news.yahoo.com
  
  Finance centres in London and New York are going to be hit with a simulated cyber attack later this month. The stress test is designed to see how the City and Wall Street interact in an emergency caused by hackers, or a major problem with IT systems. According to the Government's cyber security body, CERT-UK, an exact scenario for the exercise is yet to be determined.
  
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• UPDATE 1-Pamplona Capital to buy MedAssets for about $1.86 bln

  02-11-2015 15:11
  Nov 2 (Reuters) - MedAssets Inc, a healthcare analytics provider, agreed on Monday to be acquired by private equity firm Pamplona Capital Management for about $1.86 billion in cash.
  
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• Two Ways to Trade the Euro and the Dollar

  02-11-2015 15:03
  
  After a hawkish Fed brought strength into the Dollar over the previous two weeks, markets are setup for some huge moves for the week ahead.
  
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• MIDEAST STOCKS-Saudi stabilises after debt downgrade; Emaar lifts Dubai

  02-11-2015 14:24 via news.yahoo.com
  
  * Saudi index closes well off day's high * Saudi Printing and Packaging jumps 10 pct * City Cement sinks as it goes ex-dividend * Emaar surges despite slightly weaker-than-expected Q3 * President's gas supply pledge fails to boost Egypt By Andrew Torchia DUBAI, Nov 2 (Reuters) - Saudi Arabia's stock market stabilised on Monday after a slide on the previous day in response to a downgrade of the kingdom's debt. Emaar Properties lifted Dubai's market after reporting third-quarter earnings. The Saud
  
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• XAU/USD: key level 1136.00

  02-11-2015 14:15 via liteforex.com
  Forex analytics: Current trendOn Friday, the price of December gold futures on COMEX fell by 0.5% to 1141.40.A significant fall in the pair started last Wednesday after the statement from Fed officials that at December’s meeting the regulator is going to evaluate the state of the American economy in order to increase interest rates.Now focus of the markets will be on the US labour market data for October ...
  
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• FTSE 100: Momentum Slows Further, ISM Mfg. On Tap

  02-11-2015 13:59
  
  The FTSE 100 is struggling and momentum is dropping further with no edge being handed to either bullish or bearish traders. U.S. ISM Manufacturing on tap.
  
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• FTSE falters on Hikma hiccup, China data hits miners

  02-11-2015 13:51
  LONDON, Nov 2 (Reuters) - Britain's top equity index fell on Monday after a 5 percent rally last month, hit by a sharp drop in the shares of drugmaker Hikma and weakness in the mining sector, caused...
  
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• AUD/USD: pair in upward wave

  02-11-2015 13:28 via liteforex.com
  Forex analytics: Current trendDuring all last week the AUD/USD pair was falling.The pair was pressured by poor macroeconomic statistics from Australia and growing demand for the USD. The Consumer Price Index in Australia fell to 2.1% against forecasted 2.4%. At the same time, the US Dollar was supported by the Interest Rate Decision from the US Fed as the regulator decided not to increase the interest rate in ...
  
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• USDOLLAR Index Lacks Conviction at Top as EUR/USD Steadies

  02-11-2015 13:11
  
  A pseudo-evening star candle cluster at recent highs bodes poorly for the USDOLLAR Index in the short-term.
  
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• BUZZ-Shire: makes $5.9 bln bid to buy Dyax Corp

  02-11-2015 12:36
  ** Drugmaker Shire's London-listed shares fall to intraday lowest as co says to buy Dyax Corp for c.$5.9 bln to gain access to Dyax's late-stage treatment for a severe breathing difficulty
  
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• CORRECTED-Shire to buy Dyax for about $5.9 bln

  02-11-2015 12:26
  Nov 2 (Reuters) - British drugmaker Shire Plc said it would buy Dyax Corp for about $5.9 billion to gain access to the drug developer's late-stage treatment for a severe breathing difficulty.
  
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• USD/CAD: NFPR ahead

  02-11-2015 11:40 via liteforex.com
  Forex analytics: Current trendOn Friday, US macroeconomic statistics came in, in general, below the forecasts. In September, Personal Spending grew by 0.1% (0.2% forecast), while Personal Consumption Expenditures Price Index declined by 0.1% from August and increased by only 0.2% on an annual basis.The Fed considers these indicators as a measure for inflation, a low level of which coupled with situation in ...
  
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• Intertrust says revenues and earnings improved in third quarter

  02-11-2015 11:39 via news.yahoo.com
  
  Intertrust, the Dutch trust and corporate services firm, reported a rise in third-quarter revenue and operating profit on Monday, citing strong demand for its services. By helping set up and administering trust companies, Intertrust helps multinationals that wish to minimize their taxes do so in a way that complies with the law. It was Intertrust's first earnings report as a public company after it joined the Euronext stock exchange last month.
  
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• British Pound Rises on Highest Markit PMI in Over a Year

  02-11-2015 11:31
  
  The British Pound rose versus the US Dollar after October’s Markit Manufacturing PMI printed 55.5, well above expectations
  
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• BUZZ-Flybe: poised to grow as last major legacy issue resolved

  02-11-2015 11:23
  ** Budget airline Flybe up over 4 pct in massively huge volumes & top gainer on FTSE's travel & leisure index after announcing deployment of its six remaining Embraer 195 aircrafts
  
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• BUZZ-Inmarsat: stock extends climb as Citi hikes TP

  02-11-2015 11:08
  ** Britain's Inmarsat up over 1 pct & 4th top gainer on the FTSE-100 bluechip index, fuelled by Citigroup bumping up TP to 1150p from 1040p
  
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• BUZZ-Whitbread: Numis gives stock a thumbs down

  02-11-2015 10:31
  ** Whitbread, Britain's biggest hotel and coffee shop operator, down 1.5 pct & among top FTSE-100 losers as Numis moves stock to "reduce" from "add"
  
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• MIDEAST STOCKS-Saudis rebound from debt downgrade; Egypt soft

  02-11-2015 10:10 via news.yahoo.com
  
  Saudi Arabia's stock market edged up early on Monday, regaining some strength after a slide on the previous day in response to a decision by Standard & Poor's to downgrade the kingdom's sovereign debt. The Saudi index rose 0.4 percent as Saudi Printing and Packaging Co surged 4.8 percent. Saudi Research and Marketing Group, publisher of pan-Arab newspaper Asharq al-Awsat and one of the Middle East's largest media companies, surged 7.2 percent to 20.15 riyals as it resumed trading after being
  
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• DAX 30: Softer Despite Better Than Expected Caixin China PMI

  02-11-2015 09:47
  
  German DAX has stabilised after being lower by 0.75% this morning. For now, the short-term trend is bullish, but a break of last week’s low may trigger a decline to 10,500. U.S. ISM Mfg. is on tap.
  
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