Analyst news

• WTI Crude Oil Price Forecast: Oil Spurts Closer Toward Key 200-DMA

  03-11-2015 23:16
  
  WTI Crude Oil price punched higher toward three-week highs today on view by U.S. refineries that that crude demand was increasing .
  
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• Wall Street closes higher lifted by energy; Treasury yields rise

  03-11-2015 22:42 via news.yahoo.com
  
  By Sinead Carew NEW YORK (Reuters) - U.S. stocks closed higher on Tuesday, adding to the previous session's rally as rising oil prices boosted the energy sector, while U.S. Treasury yields rose on speculation about a possible December Federal Reserve interest rate hike. While energy stocks have risen 22 percent since late August, the sector is still down 10 percent year to date.
  
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• Energy, tech push stocks up; Nasdaq 100 sets record

  03-11-2015 22:42 via news.yahoo.com
  
  (Reuters) - Big tech and energy sector gains drove U.S. stocks higher on Tuesday, as an index of 100 major Nasdaq companies finished at a record closing high.
  
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• GLOBAL MARKETS-Wall Street closes higher lifted by energy; Treasury yields rise

  03-11-2015 22:40 via rocketnews.com
  * U.S(Other OTC: UBGXF – news) . bond yields rise on December Fed rate hike bets* Stocks rise led by energy stocks as oil prices jump
  * Nasdaq (NasdaqGS: NDAQ – news) 100 has record close, S&P revisits July levels (Updates with U.S. stock market close, commentary)
  By Sinead Carew
  NEW YORK, Nov 3 (Reuters) – U.S. stocks closed higher onTuesday, adding to the previous session’s rally as rising oilprices boosted the energy sector, while U.S. Treasury yieldsrose on specul
  
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• US stocks close higher, helped by energy, auto sales

  03-11-2015 22:24 via news.yahoo.com
  
  NEW YORK (AP) — A rally in energy companies helped push the U.S. stock market higher for a second straight day on Tuesday. Investors also worked through corporate news and prepared for key U.S. economic data later this week.
  
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• November Forex Seasonality Foresees EUR/USD Drop, S&P 500 Rally

  03-11-2015 22:00
  
  November has been the second strongest month of the year for the USDOLLAR Index.
  
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• EUR/JPY Technical Analysis: Playing Central Bank Dichotomies

  03-11-2015 21:47
  
  After the 6+ month symmetrical wedge gave way post-ECB, prices have continued lower after the Bank of Japan kept their policy unchanged.
  
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• Wall Street rises, as energy stocks continue run

  03-11-2015 21:07 via news.yahoo.com
  
  (Reuters) - A fifth straight day of gains for energy shares drove U.S. stocks higher on Tuesday, while big tech names also helped propel the major indexes.
  
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• Wall Street up as oil lifts energy; Treasury yields rise

  03-11-2015 21:02 via rocketnews.com
  
  By Sinead CarewNEW YORK (Reuters) – Wall Street shares gained on Tuesday, adding to the previous session’s rally as a crude oil price rise boosted the energy sector, while U.S. Treasury yields rose on speculation about the timing for a Federal Reserve interest rate hike. After a volatile morning, U.S. stocks settled into positive territory in the afternoon. The Dow Jones Industrial Average <.DJI> was the strongest of the three major U.S. indexes, led by oil company Chevron , wh
  
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• Strong New Zealand Employment Report to Keep NZD/USD Afloat

  03-11-2015 20:50
  
  Signs of a more resilience labor market may boost the appeal of the New Zealand dollar as the RBNZ appears to be approaching the end of its easing cycle.
  
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• NZD/USD Shorts at Risk Ahead of Jobs Data- 6640 Key Support

  03-11-2015 20:40
  
  NZDUSD is eyeing near-term support ahead of New Zealand & US employment data. Here are the updated targets & invalidation levels that matter.
  
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• Bearish Formation Raises Risk for Lower Gold Prices

  03-11-2015 19:00
  
  Gold prices remain at risk for a further decline as the precious metal continues to carve a series of lower highs & lows.
  
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• UPDATE 4-Sprint quarterly results miss forecasts, shares fall 7 percent

  03-11-2015 18:59
  Nov 3 (Reuters) - Sprint Corp, the fourth largest U.S. wireless carrier, reported lower-than-expected quarterly results on Tuesday as promotional price cuts drove customer gains but weighed on...
  
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• Rise in European stocks hindered by weak bank results

  03-11-2015 18:54 via rocketnews.com
  * FTSEurofirst 300 up 0.4 percent* Standard Chartered(BSE: 580001.BO – news) , UBS (NYSEArca: FBGX – news) slump after results
  * Shell (LSE: RDSB.L – news) and BG shares rise
  * Coloplast (Xetra: CBHD.DE – news) surges after results (Updates with closing prices)
  By Sudip Kar-Gupta and Alistair Smout
  LONDON, Nov 3 (Reuters) – European shares recovered from aweak start on Tuesday, buoyed by a rise on Wall Street, thoughweak earnings from Standard Chartered and UBS damp
  
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• UPDATE 5-Kellogg's sales fall as U.S. consumers shun cereals and snacks

  03-11-2015 18:28
  * CEO sees improvement in adult market cereals (Updates to add link to graphic)
  
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• Citi, Morgan Stanley see Brexit backlash against London as a financial centre

  03-11-2015 18:20 via rocketnews.com
  LONDON (Reuters) – There could be a backlash against Britain as a financial centre if voters decided to opt out of the European Union, senior investment bankers at Wall Street’s Morgan Stanley and Citi said on Tuesday.“If Britain were to leave Europe you would see a significant backlash against London as a financial centre,” Colm Kelleher, CEO of Morgan Stanley International told delegates at the FT Banking Summit in London.Citi’s UK head James Bardrick said that b
  
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• Rally in energy stocks helps FTSE to end higher

  03-11-2015 18:08
  LONDON Nov 3 (Reuters) - Britain's top share index closed higher on Tuesday, with a late rally in energy stocks on the back of strong crude oil prices outpacing weaker banks, which were led lower by...
  
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• Europe close: Stocks edge higher amid mixed earnings and lack of data

  03-11-2015 17:56 via rocketnews.com
  LONDON (ShareCast) – (ShareCast News) – European equity markets edged higher on Tuesday as investors sifted through a batch of mixed corporate results.The benchmark Stoxx Europe 600 closed up 0.42%, while France’s CAC 40 rose 0.41% and Germany’s DAX was flat.As of 1632 GMT, the euro was on the back foot against the main currencies, declining 0.55% and 0.43% against the dollar and the pound respectively and losing 0.25% against the yen, while Brent crude was rose 2.30% to
  
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• S&P, Nasdaq flat; Dow edges up on energy stocks, Visa

  03-11-2015 17:55 via rocketnews.com
  By Abhiram Nandakumar(Reuters) – A rally in energy stocks and a rebound in Visa helped the Dow inch higher on Tuesday, while the S&P 500 and Nasdaq were little changed, with gains offset by a decline in healthcare and consumer shares. Six of the 10 major S&P sectors were lower, with the consumer staples sector down 0.96 percent and the healthcare sector down 0.58 percent. “We’re off a little bit this morning, but I think it’s more just people not knowing where to
  
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• Customer in Washington State sues Chipotle amid E. coli outbreak

  03-11-2015 17:32
  Nov 3 (Reuters) - A customer has sued Chipotle Mexican Grill Inc, saying that she was infected with E. coli as a result of a meal at the casual chain restaurant, which has closed 43 restaurants in...
  
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• Wall Street pulls back from rally, oil prices rise

  03-11-2015 17:16 via rocketnews.com
  By Marc JonesLONDON (Reuters) – A 15-year high for tech stocks on the Nasdaq helped world shares to a 2-1/2 month peak on Tuesday, though more engine trouble for Volkswagen and a $5.1 billion cash call by Standard Chartered left Europe feeling flat.Europe’s FTSEurofirst <.FTEU3> was pushed into the red by a 9 percent slump by Standard Chartered and 3 percent drop at VW leaving MSCI’s 45-country All World index <.WORLD> struggling to stay in positive territory ahead
  
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• US stocks drift as companies report disappointing earnings

  03-11-2015 17:13 via rocketnews.com
  NEW YORK (AP) — U.S. stocks were mostly lower in early trading Tuesday as investors worked through a raft of corporate news and prepared for key U.S. economic data later this week.
  KEEPING SCORE: The Standard & Poor’s 500 index lost five points, or 0.2 percent, to 2,098.89 as of 10:07 a.m. Eastern time. The Dow Jones industrial average edged up six points, less than 0.1 percent, to 17,838. The Nasdaq composite lost 15 points, or 0.3 percent, to 5,112.
  MERGER CRUSH SAGA: King Dig
  
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• S&P, Nasdaq weighed down by health, consumer stocks

  03-11-2015 17:05 via news.yahoo.com
  
  (Reuters) - The S&P 500 and Nasdaq were marginally lower on Tuesday morning led by a decline in healthcare and consumer stocks, but a rally in oil stocks helped the Dow eke out a small gain.
  
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• FTSE steadies as stronger energy stocks offset weaker banks

  03-11-2015 16:59
  LONDON Nov 3 (Reuters) - Britain's top share index steadied on Tuesday, with energy stocks rallying on strong oil prices and offsetting weaker banks, which were led lower by a slump in Standard...
  
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• UPDATE 1-AIG CEO: Icahn's break-up plan doesn't "make financial sense"

  03-11-2015 16:58
  Nov 3 (Reuters) - Breaking up American International Group Inc does not "make financial sense" Chief Executive Peter Hancock said on Tuesday, responding to proposals made by billionaire investor Carl...
  
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• Why Earnings Look Set To Surge In 2016 At ARM Holdings plc, Reckitt Benckiser Group Plc, JD Sports Fashion PLC And Ashtead Group PLC

  03-11-2015 16:32 via news.yahoo.com
  
  Royston Wild explains why the bottom line should bounce at ARM Holdings plc (LON: ARM), Reckitt Benckiser Group Plc (LON: RB), JD Sports Fashion PLC (LON: JD) and Ashtead Group PLC (LON: AHT).
  
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• UPDATE 2-J. M. Smucker to sell U.S. canned milk business

  03-11-2015 16:31
  Nov 3 (Reuters) - J. M. Smucker Co, known for its Folgers coffee and Jif peanut butter, said it would sell its U.S. canned milk business to private equity firm Kelso & Co for an undisclosed sum.
  
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• Volatility to Pick up on US NFPs, We’re Watching these Strategies

  03-11-2015 16:25
  
  The US Dollar remains in control in what will likely be an important week for FX market trends. Which way are we trading?
  
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• US open: Equities struggle for direction amid disappointing earnings

  03-11-2015 16:23 via news.yahoo.com
  
  (ShareCast News) - US stocks moved in tight ranges early on Tuesday, as investors digested a raft of disappointing corporate earnings and some tepid factory orders data.
  
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• US stocks open mostly lower as earnings disappoint

  03-11-2015 16:15 via news.yahoo.com
  
  NEW YORK (AP) — U.S. stocks were mostly lower in early trading Tuesday as investors worked through a raft of corporate news and prepared for key U.S. economic data later this week.
  
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• Price & Time: We Should Learn A Lot About Gold This Week

  03-11-2015 16:00
  
  Gold is approximating later this week an important Fibonacci turn window, critical support levels are found between 1118 and 1100 price levels.
  
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• UPDATE 3-UBS waters down targets on tougher economy, capital rules

  03-11-2015 15:47
  * Shares down 5.3 pct, lagging industry index (Adds analyst comments and detail, updates shares)
  
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• US stocks open slightly lower as earnings disappoint

  03-11-2015 15:43 via news.yahoo.com
  
  NEW YORK (AP) — Stock indexes are edging lower in early trading as several companies turn in disappointing quarterly results.
  
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• Wall Street opens lower

  03-11-2015 15:36 via news.yahoo.com
  
  REUTERS - U.S. stocks opened lower on Tuesday, a day after a strong rally across the board pushed the Nasdaq 100 to a 15-year high. The Dow Jones industrial average was down 16.54 points, or 0.09 percent, to 17,812.22, the S&P 500 lost 3.79 points, or 0.18 percent, to 2,100.26 and the Nasdaq composite index dropped 13.70 points, or 0.27 percent, to 5,113.44. (Reporting by Tanvi Mehta in Bengaluru; Editing by Savio D'Souza)
  
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• Exclusive - BATS says IEX's 'Flash Boys' speed bump is unfair

  03-11-2015 15:31 via news.yahoo.com
  
  By John McCrank NEW YORK (Reuters) - Exchange operator BATS Global Markets on Tuesday said regulators should require upstart trading venue IEX Group to amend its application to become a registered stock exchange to remove what it called an "unfair and unreasonably discriminatory" aspect. Specifically, it questioned IEX's use of a "speed bump" that delays incoming orders to its trading platform by 350 millionths of a second, which IEX says allows it to update ever-changing prices before the quick
  
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• EUR/USD: decline in demand for USD expected

  03-11-2015 15:08 via liteforex.com
  Forex analytics: Current trendFavorable Manufacturing PMI statistics, released in Germany and the eurozone as a whole, failed to support the European currency, while a decline in the EUR/USD pair has started amid strong US Manufacturing PMI.Among news releases, which may influence the pair dynamics today, attention should be paid only to the ECB President Mario Draghi's Speech. If the head of the ECB mentions ...
  
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• UPDATE 2-Kellogg's sales fall as U.S. consumers shun cereals and snacks

  03-11-2015 15:01
  Nov 3 (Reuters) - Kellogg Co, the maker of Corn Flakes and Cheez-It crackers, reported a bigger-than-expected drop in quarterly net sales on Tuesday as demand for its snacks and cereals remained weak...
  
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• Euro Weakening Ahead of Draghi (Again)

  03-11-2015 14:46
  
  One of the cleanest drivers across financial markets over the past six years is at work again as the Euro sell-off continues.
  
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• EUR/USD Breaks Lower Under Support

  03-11-2015 14:30
  
  The EUR/USD has already declined 61 pips in early morning trading. Learn today’s trading values with the Chart of the Day!
  
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• UPDATE 2-Sprint revenue misses estimates, shares fall

  03-11-2015 14:25
  Nov 3 (Reuters) - Sprint Corp, the fourth-largest U.S. wireless carrier, reported quarterly revenue well below estimates as more customers shift to monthly leasing plans from traditional two-year...
  
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• Tech boom eases world stocks to 2-1/2 month high

  03-11-2015 14:17 via rocketnews.com
  
  By Marc JonesLONDON (Reuters) – A 15-year high for tech stocks on the Nasdaq helped world shares to a 2-1/2 month peak on Tuesday, though more engine trouble for Volkswagen and a $5.1 billion cash call by Standard Chartered left Europe feeling flat.Europe’s FTSEurofirst was pushed into the red by a 9 percent slump by Standard Chartered and 3 percent drop at VW leaving MSCI’s 45-country All World index struggling to stay in positive territory ahead of what was expected to be a l
  
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• MIDEAST STOCKS-Saudi shares drop after PMI points to economic slowdown

  03-11-2015 14:06 via rocketnews.com
  * Saudi index nears technical support in rising turnover* Saudi credit default swaps at highest level since June2009* Dubai rises on low-priced speculative stocks* Egypt drops after poor PMIBy Andrew TorchiaDUBAI, Nov 3 (Reuters) – Saudi Arabia’s stock market fellsharply on Tuesday after data pointed to an economic slowdowndue to low oil prices. Other major Middle Eastern markets fared better, withsecond-tier stocks favoured by speculators lifting Dubai.The seasonally adjusted Emira
  
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• UPDATE 1-Sprint posts revenue below estimates, shares fall

  03-11-2015 13:51
  Nov 3 (Reuters) - Sprint Corp, the fourth-largest U.S. wireless carrier, reported quarterly revenue well below estimates as more customers shift to monthly leasing plans from traditional two-year...
  
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• FTSE edges lower on weaker banks, StanChart slumps

  03-11-2015 13:46
  LONDON Nov 3 (Reuters) - Britain's top share index edged lower on Tuesday, with banking stocks leading the market down after Standard Chartered announced plans to raise billions of dollars in new...
  
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• EUR/USD, EUR/AUD Breakdowns Resuming alongside EUR/GBP

  03-11-2015 12:58
  
  While the individual components of the USDOLLAR Index aren't moving in tandem, an examination of the cross-pairs yields insight into other opportunities.
  
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• XAG/USD: interest rate decision ahead

  03-11-2015 12:54 via liteforex.com
  Forex analytics: Current trendThe main factor, affecting the price of precious metals, is expectations that the Fed would raise its interest rates before the year is out. Thus, on Monday, December silver futures declined by 15.90 cents.Nevertheless, much will depend on the Non-farm Payroll data, due on Friday in the US. If the indicator comes in below the forecast, the Regulator may postpone a rate hike until ...
  
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• Egypt’s Beltone Financial expects to manage four flotations in early 2016

  03-11-2015 12:54 via rocketnews.com
  By Asma Alsharif and Ehab FaroukCAIRO (Reuters) – Egypt’s Beltone Financial Holding expects to manage four stock market flotations worth a total of more than 2.5 billion Egyptian pounds ($311 million) in the first half of 2016 on the back of improved market conditions, its chairman said.The offerings, including one by Beltone Capital, managed by Beltone Financial’s private equity arm, had been expected in 2015 but were postponed when an emerging markets rout deterred investors
  
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• UPDATE 2-VW's new CEO under pressure as emissions scandal hits Porsche

  03-11-2015 12:51
  * Shares down 3 percent (Adds European Commission, German industry comments, Merkel, sources, more analyst comments, background, updates shares)
  
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• Silver Prices: Resumption of Bearish Trend, Traders Target $15

  03-11-2015 12:28
  
  We are seeing a resumption of the bearish trend this morning. Traders are probably targeting $15.
  
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• REUTERS SUMMIT-Egypt's Beltone Financial expects to manage four flotations in early 2016

  03-11-2015 11:58 via news.yahoo.com
  
  * For other news from Reuters Middle East Investment Summit, click on http://www.reuters.com/summit/MiddleEast15 By Asma Alsharif and Ehab Farouk CAIRO, Nov 3 (Reuters) - Egypt's Beltone Financial Holding expects to manage four stock market flotations worth a total of more than 2.5 billion Egyptian pounds ($311 million) in the first half of 2016 on the back of improved market conditions, its chairman said. The offerings, including one by Beltone Capital, managed by Beltone Financial's private eq
  
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