Analyst news

• UPDATE 2-Nike's futures orders surge as demand in China, N. America soars

  22-12-2015 23:59
  
  * Shares rise nearly 3 pct in extended trading (Adds analyst comment; updates shares)
  
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• Google developing new messaging app: WSJ

  22-12-2015 23:18 via news.yahoo.com
  
  (Reuters) - Google, part of Alphabet Inc, is building a new mobile messaging application to better compete with rival services such as those offered by Facebook Inc, the Wall Street Journal reported. The new service would tap into Google's artificial intelligence know-how, integrating chatbots, or software programs that answer questions, inside a messaging app, the Journal reported on Tuesday, citing people familiar with the matter. (http://on.wsj. ...
  
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• Wall Street posts gains as oil prices stabilize

  22-12-2015 22:44 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Wall Street climbed on Tuesday, buoyed by energy shares as sliding oil prices stabilized and by fairly healthy data on U.S. economic growth, while the dollar fell for a third consecutive session. Wall Street has been closely correlated with energy prices in recent weeks as crude has extended a 1-1/2-year slide this month and plumbed fresh multi-year lows. U.S. crude prices settled up 0.9 percent to $36.14 a barrel, as traders squared positions ahead of a t
  
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• Wall Street posts gains as oil prices stabilise

  22-12-2015 22:43 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Wall Street climbed on Tuesday, buoyed by energy shares as sliding oil prices stabilized and by fairly healthy data on U.S. economic growth, while the dollar fell for a third consecutive session. Wall Street has been closely correlated with energy prices in recent weeks as crude has extended a 1-1/2-year slide this month and plumbed fresh multi-year lows. U.S. crude prices settled up 0.9 percent to $36.14 a barrel, as traders squared positions ahead of a t
  
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• Wall Street rally sends Dow up 1 percent

  22-12-2015 22:42 via news.yahoo.com
  
  Wall Street rallied across the board on Tuesday after oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter. The Dow Jones industrial average ended 0.96 percent higher, with Caterpillar up 4.86 percent in its biggest one-day gain since October. Oil prices edged up from 11-year lows although persistent global oversupply concerns and tepid demand for heating oil remained in what is likely to be the warmest winter on record.
  
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• Wall St. rallies on energy sector boost

  22-12-2015 22:09 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street rallied across the board on Tuesday after oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter.
  
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• Wall Street rallies on energy sector boost

  22-12-2015 22:08 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street rallied across the board on Tuesday after oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter. The Dow Jones industrial average rose 165.79 points, or 0.96 percent, to 17,417.41, the S&P 500 gained 17.85 points, or 0.88 percent, to 2,039 and the Nasdaq Composite added 32.19 points, or 0.65 percent, to 5,001.11. (Reporting by Chuck Mikolajczak; Editing by Meredith Mazzilli)
  
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• FDA probing latest E.coli outbreak linked to Chipotle

  22-12-2015 21:21
  
  Dec 22 (Reuters) - The U.S. Food and Drug Administration said on Tuesday it is investigating the more recent outbreak of a rare strain of E.coli linked to Chipotle Mexican Grill Inc .
  
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• Wall Street gains as battered U.S. oil prices stabilize

  22-12-2015 21:14 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Wall Street climbed on Tuesday, buoyed by energy shares as sliding oil prices stabilized and by fairly healthy data on U.S. economic growth, while the dollar fell for a third consecutive session. U.S. crude prices settled up 0.9 percent to $36.14 a barrel. Wall Street has been closely correlated with energy prices in recent weeks as crude has extended a 1-1/2-year slide this month and plumbed fresh multi-year lows.
  
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• Wall Street gains as battered U.S. oil prices stabilise

  22-12-2015 21:14 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Wall Street climbed on Tuesday, buoyed by energy shares as sliding oil prices stabilized and by fairly healthy data on U.S. economic growth, while the dollar fell for a third consecutive session. U.S. crude prices settled up 0.9 percent to $36.14 a barrel. Wall Street has been closely correlated with energy prices in recent weeks as crude has extended a 1-1/2-year slide this month and plumbed fresh multi-year lows.
  
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• GLOBAL MARKETS-Wall Street gains as battered U.S. oil prices stabilize

  22-12-2015 21:12 via news.yahoo.com
  
  Wall Street climbed on Tuesday, buoyed by energy shares as sliding oil prices stabilized and by fairly healthy data on U.S. economic growth, while the dollar fell for a third consecutive session. U.S. crude prices settled up 0.9 percent to $36.14 a barrel. Wall Street has been closely correlated with energy prices in recent weeks as crude has extended a 1-1/2-year slide this month and plumbed fresh multi-year lows.
  
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• UPDATE 2-Kyrgyzstan halts talks with Centerra on Kumtor; shares fall

  22-12-2015 20:49
  
  BISHKEK/TORONTO, Dec 22 (Reuters) - Kyrgyzstan's government said on Tuesday it had stopped talks with Canada's Centerra Gold on restructuring their joint Kumtor project because the current agreement...
  
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• Energy stocks fuel rally on Wall Street

  22-12-2015 20:43 via news.yahoo.com
  
  Wall Street rallied on Tuesday as crude oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter. The Dow Jones industrial average rose nearly 1 percent, with Caterpillar up 5.3 percent and on the way to its biggest one-day gain since October. The materials index rose 1.4 percent, with Dow Chemical up 1.78 percent.
  
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• UPDATE 2-Dominion Diamond working with bankers, open to talks with hedge fund K2

  22-12-2015 19:42
  
  NEW YORK/TORONTO, Dec 22 (Reuters) - Dominion Diamond Corp has been working with its long-time banker Rothschild & Co to find ways to boost shareholder value including a potential sale, according to...
  
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• U.S. stocks rise, helped by rebound in battered oil prices

  22-12-2015 19:04 via news.yahoo.com
  
  By Lewis Krauskopf NEW YORK (Reuters) - Wall Street rose on Tuesday, buoyed by energy shares as oil prices rebounded off multi-year lows, as investors digested mixed U.S. data about home resales and economic growth. The U.S. dollar fell for a third consecutive session. Oil prices enjoyed a respite from a slide this month that has deepened a 1-1/2-year collapse.
  
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• WTI Crude Oil Price Forecast: Pulling a Trade from the Brent/ WTI Oil Spread

  22-12-2015 18:10
  
  Crude Oil Technical Strategy: Oil Finds Short-Term Support at Key Support, Temporary USD Weakness Allows US Oil Downward Pressure to Subside.
  
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• EUR/USD Eyes Dec. High- NZD to Benefit From Narrowing Trade Deficit

  22-12-2015 17:35
  
  EUR/USD and NZD/USD stand at risk for a larger correction as the pairs sit at a key juncture ahead of the holiday weekend.
  
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• New boss in dash for simplicity at bloated Rolls-Royce

  22-12-2015 17:28
  
  FILTON, England, Dec 22 (Reuters) - Twelve months and 80 signatures: that is what it recently took Rolls-Royce to approve a small change requested by a supplier, symptomatic of a business that had...
  
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• UPDATE 2-PSivida Corp says experimental eye therapy meets study goal

  22-12-2015 17:25
  
  * Implant Medidur reduces recurrence of inflammation significantly
  
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• GLOBAL MARKETS-U.S. stocks rise, helped by rebound in battered oil prices

  22-12-2015 17:24 via news.yahoo.com
  
  Wall Street rose on Tuesday, buoyed by energy shares as oil prices rebounded off multi-year lows, as investors digested mixed U.S. data about home resales and economic growth. The U.S. dollar fell for a third consecutive session. Oil prices enjoyed a respite from a slide this month that has deepened a 1-1/2-year collapse.
  
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• COT-Most USD Selling by Large Traders Since Sep 2013

  22-12-2015 17:03
  
  Large USD speculators heavily reduced their net long position. In fact, the net position change (towards speculative selling) was the largest since September 2013. CHF positioning is even more interesting.
  
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• UPDATE 2-ConAgra 2nd-qtr profit tops estimates despite sales miss

  22-12-2015 16:14
  
  Dec 22 (Reuters) - ConAgra Foods Inc reported profits that topped estimates on Tuesday, helped by cost-cutting and lower commodity expenses as the company shifts to healthier, less processed foods...
  
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• Wall Street higher as crude oil steadies

  22-12-2015 15:58 via news.yahoo.com
  
  Wall Street was higher in trading on Tuesday as GDP data for the third quarter showed stronger-than-expected growth and crude oil prices eased off multi-year lows. Brent crude pared some of its losses from Monday, when it slid to its lowest since mid-2004, but global oversupply concerns limited gains. "I think the main thing that markets are going to be looking at today is the whole deal with oil," said Matthew Tuttle, chief executive, Tuttle Tactical Management in Stamford, Connecticut.
  
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• Abercrombie appoints Hollister brand chief its merchandising head

  22-12-2015 15:48
  
  Dec 22 (Reuters) - Abercrombie & Fitch Co has promoted Fran Horowitz, the president of its Hollister brand, to the newly created role of chief merchandising officer in another effort by the company...
  
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• Silver Prices Remain Bearish Below $14.62

  22-12-2015 15:24
  
  Silver remains out of favour and capped by the December high of $14.62. Silver to S&P 500 ratio points towards further Silver price losses
  
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• Existing Home Sales. USA, 5:00 pm

  22-12-2015 15:00 via liteforex.com
  Forex analytics: Data on Existing Home Sales for November on the US property market is due at 5:00 pm (GMT+2). According to forecasts, the figure will grow from 5.36 million to 5.37 million that could support the US Dollar.
  
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• EUR/USD: demand for USD declines

  22-12-2015 14:53 via liteforex.com
  Forex analytics: Current trendLast week, demand for the US currency was growing amid a hike in US interest rates. However, on Friday, market sentiment changed, and the European currency started strengthening against the US Dollar.At the beginning of this week, the pair kept on growing while traders were taking profits on large volumes of short positions. Moreover, the European currency gained support from ...
  
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• Moody's, S&P cut Toshiba's credit rating to junk

  22-12-2015 14:45 via news.yahoo.com
  
  Crisis-hit Toshiba's woes deepened Tuesday when Moody's and Standard & Poor's cut their credit ratings to junk, casting doubt on a turnaround plan unveiled in response to an embarrassing profit-padding scandal. On Monday Toshiba rolled out a wide-ranging restructuring which included thousands of job cuts, as it warned it would book a record $4.5 billion annual loss. Moody's said its two notch-downgrade to Ba2 was in response to Toshiba's overhaul and its weak prospects -- and warned of more
  
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• Moody’s, S&P cut Toshiba’s credit rating to junk

  22-12-2015 14:45 via rocketnews.com
  Suspect with devil horns and ‘F— Cops’ tattooed on face proves easy to find
  New York Post q
  Describing this robber was a cinch. A pair of thieves in Tulsa, Oklahoma, were arrested for stealing a man’s wallet Friday evening — and one was easily tracked down thanks to his distinctive tats. Police said Paul Wayne Terry, who has devil-horn tattoos and “F–k Cops” written on his forehead, forced his way into an apartment with ex-
  
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• Battered oil wins respite, lifts world stocks

  22-12-2015 13:37 via news.yahoo.com
  
  By Dhara Ranasinghe LONDON (Reuters) - World stock markets eked out small gains on Tuesday, lifted by a recovery in oil prices from 11-year lows as investors unwound some of their bearish bets on the battered commodity. European stock markets followed Asia higher. The pan-European FTSEurofirst 300 gained 0.4 percent after two days of falls while U.S. stock futures suggested Wall Street shares may build on Monday's rally.
  
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• US Dollar Rejection at Flag Top Not to Be Taken Lightly

  22-12-2015 13:35
  
  Amid the pre-holiday liquidity drain, the US Dollar has tumbled back to its levels around last week's FOMC meeting.
  
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• Gross Domestic Product. USА, 3:30 pm

  22-12-2015 13:30 via liteforex.com
  Forex analytics: The key publication of the day is due at 3:30 pm (GMT+2) in the US, where the final GDP data for the third quarter of the year will be released. According to forecasts, the index will at best remain unchanged from the preliminary figure of 2.1%, and at worst will decline to 1.9%, which might pressure the US Dollar. It is worth noting that falling consumer spending in the US might mean that the ...
  
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• NZD/USD: between strong levels

  22-12-2015 13:24 via liteforex.com
  Forex analytics: Current trendSince the beginning of the week, the pair continues strengthening.Today attention needs to be paid to publications from the US on the final GDP and the GDP Price Index for the third quarter, Existing Home Sales for November and the Richmond Fed Manufacturing Index for December.Later, Trade Balance data for November will be published in New Zealand. Economists expect trade ...
  
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• Battered oil wins respite, lifts stocks

  22-12-2015 13:10 via news.yahoo.com
  
  World stock markets eked out small gains on Tuesday, lifted by a recovery in oil prices from 11-year lows as investors unwound some of their bearish bets on the battered commodity. European stock markets followed Asia higher. The pan-European FTSEurofirst 300 gained 0.4 percent after two days of falls while U.S. stock futures suggested Wall Street shares may build on Monday's rally.
  
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• Battered oil wins respite, lifts global stocks

  22-12-2015 13:09 via news.yahoo.com
  
  By Dhara Ranasinghe LONDON (Reuters) - World stock markets eked out small gains on Tuesday, lifted by a recovery in oil prices from 11-year lows as investors unwound some of their bearish bets on the battered commodity. European stock markets followed Asia higher. The pan-European FTSEurofirst 300 gained 0.4 percent after two days of falls while U.S. stock futures suggested Wall Street shares may build on Monday's rally .
  
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• Two festive dinners from LiteForex have taken place in Nigeria

  22-12-2015 12:28 via liteforex.com
  
  LiteForex's News: In the run-up to the New Year, the company's clients and partners have met to discuss the results of the year and future plans in a friendly atmosphere.  LiteForex organised 2 dinners for its 2 official offices:  on 20th December in Benin and on 18th December in Warri. The events took place in Delta Hotel and Royalty House hotels and gathered over 100 people in Benin and over 200 people in ...
  
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• DAX 30 Needs To Break 10,863 for a Christmas Rally

  22-12-2015 11:42
  
  The DAX trades sideways and a Christmas Rally looks far away
  
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• Abraaj and Proparco reduce stake in pharma business Unimed

  22-12-2015 11:04 via news.yahoo.com
  
  Emerging markets-focused investor Abraaj and a partner have sold 83 percent of their stake in Tunisia's second-largest pharmaceuticals company Unimed ahead of a planned stock market listing next year, the private equity firm said on Tuesday. Abraaj and French development agency Proparco have sold part of their holdings to a consortium of investors including Washington-based SQM, Blakeney Asset Management and the Tunisian-Kuwaiti Consortium of Development. Neither the price nor the size of the re
  
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• Lender IPF says evaluating alternative model for Slovak business

  22-12-2015 10:48
  
  Dec 22 (Reuters) - International Personal Finance Plc (IPF) said it was evaluating alternative business models for the Slovak market after the country's parliament passed legislation that was...
  
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• BUZZ-IPF: hit by consumer law in Slovakia

  22-12-2015 10:39
  
  ** British lender down c.5 pct, top FTSE mid-cap loser as an amended consumer law in Slovakia would hurt profitability
  
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• FTSE 100 Maintains A Bearish Bias, U.S. GDP On Tap

  22-12-2015 10:17
  
  Despite of yesterday's gain of 0.87%, the FTSE 100 remains firmly bearish below the December 9 high of 6173. The index is expected to reach 6000 and might then reach last week's low of 5861.
  
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• Europe open: Stocks push higher as oil prices recover

  22-12-2015 10:10 via news.yahoo.com
  
  (ShareCast News) - European stocks rose in early trade, taking their cue from an upbeat session on Wall Street, as oil prices gained back some ground.
  
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• Sensex rangebound ahead of holidays, derivatives expiry

  22-12-2015 10:05 via news.yahoo.com
  
  India's stock markets tiptoed between minor gains and losses on Tuesday, as investors avoided building large positions in a holiday-shortened week and ahead of the expiry of derivatives contracts next Thursday. Domestic shares also tracked Asian markets, which edged up taking solace from Wall Street gains and some stability in recently weak crude oil prices. "It's going to be rangebound with some positive bias, we will not have any major exciting or disappointing global cues this week," said Gau
  
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• BUZZ-Oil and gas cos: Brent off multi-year lows

  22-12-2015 09:49
  
  ** Oil stocks among top gainers in Europe as Brent prices edge away from multi-year lows on Tuesday on winter demand hopes
  
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• Public Sector Net Borrowing. UK, 11:30 am

  22-12-2015 09:30 via liteforex.com
  Forex analytics: Data on the Public Sector Net Borrowing for October is due at 11:30 am (GMT+2) in the UK. The index represents the amount of net indebtedness of the government, which is expected to continue growing and in October will increase by 11 billion Pounds that might weaken the national currency.
  
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• USD/JPY: flat in pair

  22-12-2015 09:19 via liteforex.com
  Forex analytics: Current trendYesterday the USD/JPY pair showed choppy trading and slightly fell at the close of the day. The pair was pressured by data on the All Industry Activity Index from Japan. In October, the index grew by 1.0% against a 0.2% fall in the previous month, which was better than economists forecasted.At the same time, volatility on the market is falling due to approaching Christmas ...
  
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• EUR/USD to Mount Larger Rebound on Dismal U.S. 3Q GDP Report

  22-12-2015 09:00
  
  A downward revision in the U.S. 3Q GDP report may weigh on the dollar and drag on Fed expectations especially as the central bank remains ‘data dependent.’
  
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• India pharma investors think small as U.S. compliance woes hit heavyweights

  22-12-2015 08:46
  
  * BSE Healthcare records worst monthly performance in 7 yrs in Nov
  
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• USD/CAD: pair in upward trend

  22-12-2015 08:43 via liteforex.com
  Forex analytics: Current trendThe USD/CAD pair still continues its upward trend, but the growth is slowing down. On Monday, the price did not managed to hit new local highs from its Friday’s level near 1.4000 that, coupled with a decline in trading activity, might indicate a possibility of correctional dynamics.Not much macroeconomic statistics are released this week, and traders are likely to concentrate ...
  
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• Asian shares rise as crude claws back some ground

  22-12-2015 07:33 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian shares edged higher on Tuesday, taking solace from Wall Street gains and some stability in recently weak crude oil prices, though gains were capped by caution ahead of this week's holidays. "While European markets were able to post gains last week, they still remain well below the levels that we saw at the beginning of the month which means any prospect of a Santa rally at this point is about as likely as getting a white Christmas," Michael Hewson, chief
  
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