Analyst news

• Expedia sees earnings boost in 2016 despite demand hit from Paris attacks

  10-02-2016 23:45
  (Reuters) – Expedia Inc on Wednesday forecast a rise in 2016 earnings in part from recent acquisitions, pushing shares up even though the company warned that the Nov. 13 Paris attacks hurt travel demand and its fourth-quarter profit fell below analysts’ estimates.Expedia, the world’s largest online travel services company by bookings, said it expects a 35 percent to 45 percent boost in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for 2016, wh
  
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• S&P 500 ends flat; Fed sees risks but unlikely to reverse course

  10-02-2016 23:35 via news.yahoo.com
  
  The Dow and S&P 500 posted their fourth straight day of losses while the Nasdaq ended its three-day down streak. The market had traded higher for much of the session after Yellen told Congress she does not expect the central bank to reverse the rate hike program it began in December. "The market was strong (early in the day) because Janet Yellen confirmed the fact the Fed would go very slow on rate hikes because the economy was showing some signs of sluggishness," said Peter Tuz, president o
  
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• S&P 500 erases gains on global growth fears; Europe stocks rise

  10-02-2016 23:31
  
  By Sam ForgioneNEW YORK (Reuters) – Most U.S. shares ended little changed to lower on Wednesday, erasing early gains on concerns about global growth and sliding commodity-related shares, while greater calm surrounding the European banking sector boosted that region’s shares.
  The benchmark U.S. S&P 500 <.SPX> stock index rose as much as 1.6 percent following Federal Reserve Chair Janet Yellen’s prepared testimony to Congress. It changed course and ended mostly flat, wh
  
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• US STOCKS-S&P 500 ends flat; Fed sees risks but unlikely to reverse course

  10-02-2016 23:29
  * Fed not likely to reverse course on rates despite risks* Disney’s 3.8 pct drop weighs on Dow
  * Indexes: Dow down 0.6 pct, S&P down 0.02 pct, Nasdaq (NasdaqGS: NDAQ – news) up0.4 pct (Updates close with Cisco up, Twitter (Swiss: TWTR.SW – news) down after the bell;latest volume)
  By Caroline Valetkevitch
  Feb 10 (Reuters) – The S&P 500 ended flat on Wednesday,losing gains late in the session as investors digested commentsby Federal Reserve Chair Janet Yellen, who k
  
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• Tesla says expects to become profitable in 2016

  10-02-2016 22:56 via news.yahoo.com
  
  (Reuters) - Tesla Motors Inc forecast deliveries of Model S sedans and Model X SUVs that topped analysts' estimates and said it expects to turn in a profit in 2016, sending its shares 15 percent higher in after-hours trading. The electric car maker has long enjoyed the status of Silicon Valley darling for its brash innovation in electric cars. Tesla said it planned to deliver 80,000-90,000 Model S and Model X vehicles of in 2016, ahead of Wall Street's average expectation for about 79,000 vehicl
  
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• S&P 500 flat; Yellen sees no reason to reverse hike plan

  10-02-2016 22:54 via news.yahoo.com
  
  The Dow and S&P posted their fourth straight day of losses while the Nasdaq ended its three-day down streak. The market had traded higher for much of the session after Yellen told Congress she does not expect the central bank to reverse the rate hike program it began in December. "The market was strong (early in the day) because Janet Yellen confirmed the fact the Fed would go very slow on rate hikes because the economy was showing some signs of sluggishness," said Peter Tuz, president of Ch
  
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• EURGBP Reacts to Slope Resistance- Reversal Setup Targets Weekly Open

  10-02-2016 22:40
  EURGBP has traded into resistance with a break below slope support to mark a correction in the pair. Here are the updated targets & invalidation levels that matter.
  
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• S&P ends flat as energy and materials weigh

  10-02-2016 22:20 via news.yahoo.com
  
  NEW YORK (Reuters) - The S&P 500 ended flat on Wednesday, cutting its gains late in the session as commodity-related shares fell, while comments by Federal Reserve Chair Janet Yellen offered a mixed view on the rate outlook. The Dow Jones industrial average was down 99.51 points, or 0.62 percent, to 15,914.87, the S&P 500 had lost 0.39 points, or 0.02 percent, to 1,851.82 and the Nasdaq Composite had added 14.83 points, or 0.35 percent, to 4,283.59. (Reporting by Marcus E. Howard; Editin
  
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• An early rally in stocks is mostly gone by the closing bell

  10-02-2016 22:12 via news.yahoo.com
  
  An early rally on the stock market was mostly gone by the closing bell, leaving indexes with a mixed finish after being up most of the day.
  
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• Fed says stock market fall may be sign of healthy readjustment

  10-02-2016 21:50 via news.yahoo.com
  
  The Federal Reserve said on Wednesday the U.S. financial system is well-positioned to weather headwinds and the fall in stock prices may have put the nation's asset markets on a healthier path. In its semi-annual monetary policy report to Congress, the Fed said financial vulnerabilities in the United States have continued to moderate since mid-2015, in part due to regulations introduced since the financial crisis. "Regulatory capital and liquidity ratios at large banking firms are at historicall
  
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• All About The Yuan

  10-02-2016 21:00
  There are a lot of confusions around the Chinese currency given its role. It is important to define these terms.
  
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• Republican Christie assesses future of White House bid

  10-02-2016 20:29 via news.yahoo.com
  
  Republican Chris Christie considered the future of his struggling U.S (Other OTC: UBGXF - news) . A disappointing sixth-place finish in Tuesday's New (KOSDAQ: 160550.KQ - news) Hampshire nominating contest raised doubts about the combative New Jersey governor's viability as a candidate for the Nov. 8 presidential election. The Wall Street Journal quoted a senior adviser to the campaign as saying Christie was expected to make an announcement soon suspending his campaign.
  
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• Wall Street up as Yellen eases concerns about economy

  10-02-2016 19:53 via news.yahoo.com
  
  The Fed expects economic growth to pick up in the current quarter, which would allow it to pursue its plan of "gradual" adjustments to monetary policy, she said. Fears of a China-led global economic slowdown and oil's steep slide since the Fed raised rates in December have dampened the market's expectations for a hike in coming months. "What Yellen said has been taken positively," said Richard Sichel, chief investment officer of Philadelphia Trust Co in Philadelphia.
  
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• USD/JPY Oversold, Retail FX Remains Net-Long Following Yellen

  10-02-2016 19:50
  USD/JPY stands at risk for a further decline as the pair continues to carve a bearish pattern, while the RSI appears to be pushing into oversold territory.
  
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• USD/CAD Technical Analysis: CAD Bulls Face Critical 100-DMA (Levels)

  10-02-2016 19:30
  The 1000+ Pip Drop in USD/CAD was not due to Oil bouncing, which could awaken the doves at the Bank of Canada.
  
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• Wall St up as Yellen eases concerns about economy

  10-02-2016 19:27 via news.yahoo.com
  
  Wall Street was on track to snap a three-day losing run on Wednesday after comments by Federal Reserve Chair Janet Yellen eased investor concerns about the capacity of the economy to absorb a gradual rise in interest rates. Yellen acknowledged that tightening financial conditions and uncertainty about China posed risks to the U.S. economy, but told Congress she does not expect the central bank to reverse the rate hike programme it began in December. The Fed expects economic growth to pick up in
  
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• Monthly Budget Statement. US, 9:00 pm

  10-02-2016 19:00 via liteforex.com
  Forex analytics: Monthly Budget Statement is due in the US at 9:00 pm (GMT+2). The US is expected to record a budget surplus of $45 billion after a $14 billion deficit in the previous month. The indicator measures a ratio between the government’s revenues and expenditures. A budget surplus occurs when revenues exceed expenditures. In this situation, the US Dollar might strengthen.
  
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• Disappointing show by HBO, Turner drags down Time Warner

  10-02-2016 18:38 via news.yahoo.com
  
  Time Warner Inc reported a steeper-than-expected drop in quarterly revenue as subscription revenue for its cable channel HBO and Turner television network disappointed Wall Street, sending the company's shares down as much as 8 percent. Revenue at Warner Bros, the company's movie studio, also fell 13 percent, hurt by a lack of hit movie releases and a strong dollar, overshadowing a quarterly profit beat and a raised profit forecast for the year. While revenue in HBO and the Turner division rose
  
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• Carlyle unveils $200 million share buyback, earnings miss forecast

  10-02-2016 18:04 via news.yahoo.com
  
  Private equity firm Carlyle Group LP unveiled a $200 million share buyback plan on Wednesday as it posted weaker-than-expected fourth-quarter earnings amid turbulent financial markets. "In market downturns such as this one, we've made some of our best investments," said David Rubenstein, co-chief executive officer at Carlyle. It has been a difficult few months for the U.S. leveraged buyout sector, and Carlyle is the latest private equity firm to show its earnings have suffered in a tough environ
  
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• The Latest: Wall Street tracks Europe higher

  10-02-2016 16:31
  
  LONDON (AP) — The latest on the turmoil global financial markets (all times local):3:30 p.m.
  Stocks in the U.S. have opened strongly, taking their cue from a buoyant performance in Europe.
  The Dow Jones industrial average was up 0.7 percent at 16,131 while the broader S&P 500 index rose 1.2 percent to 1,873. In Europe, the Stoxx 600 index of European shares was trading 2 percent higher at 316.
  Traders on both sides of the Atlantic are closely monitoring Federal Reserve Chair Janet Yell
  
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• Saudi stock market says to start trading from 1000 local time

  10-02-2016 16:14 via news.yahoo.com
  
  DUBAI, Feb 10 (Reuters) - The Saudi Stock Exchange will start trading one hour earlier at 1000 local time (0700 GMT) effective from Apr. 3, it said in a statement on Wednesday, as part of a move which also extends opening hours on the bourse by an additional 30 minutes. The exchange, known as Tadawul, will trade between 1000 and 1500 local time, according to the statement. The kingdom's equity market is currently open from 1100 local time until 1530 local time. ...
  
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• Gold – Is the Bear Market Finally Over?

  10-02-2016 16:10
  Gold overcomes important resistance, important timing test await.
  
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• Wall St rises as Yellen hints at "gradual" rate hikes

  10-02-2016 15:51 via news.yahoo.com
  
  Wall Street was higher on Wednesday, led by financial stocks, after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. Goldman Sachs, up 1.3 percent, gave the biggest boost to the Dow. Yellen is scheduled for an appearance before the House Committee on Financial Services at 10:00 a.m. ET (1500 GMT).
  
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• Carlyle unveils $200 million share buyback, fourth-quarter earnings miss forecast

  10-02-2016 15:47
  NEW YORK (Reuters) – Private equity firm Carlyle Group LP <CG.O> unveiled a $200 million share buyback plan on Wednesday as it posted weaker-than-expected fourth-quarter earnings amid volatile financial markets.
  Carlyle’s economic net income (ENI), which accounts for unrealized gains or losses, stood at $73 million between October and December before taxes, less than half of the $181 million earned a year ago.
  That translated into post-tax income of 24 cents a share, missing a
  
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• USD Ready to Run, SPX Lay in Wait for Yellen

  10-02-2016 15:18
  USD has been offered aggressively as rate hike expectations have been kicked lower by markets. The next two days will offer Ms. Yellen's response.
  
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• Trading hours amended on Presidents' Day

  10-02-2016 15:09 via liteforex.com
  
  Dear clients, Amendments to trading hours concerning some instruments will take place on 15th February, 2016, due to Presidents' Day. On 15th February, 2016, trading hours will be scheduled as follows:
  Instrument
  Trading hours
  Metals
  Early closing at 19:30
  NKY,SPX,NQ,YM
  Early closing at 19:30
  Futures
  Early closing at 19:30
  Oil
  Early closing at 19:30
  US CFD
  Early closing at ...
  
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• Fed's Yellen testifies. US, 5:00 pm

  10-02-2016 15:00 via liteforex.com
  Forex analytics: Fed’s Chair Janet Yellen testifies before the Congress about the current economic situation and, later on, answers congressmen’s questions. Her comments might lead to an increase in market volatility.
  
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• Analytical review of Walt Disney shares

  10-02-2016 14:20 via liteforex.com
  Forex analytics: The Walt Disney Company, #DIS [NYSE]Services, entertainment, USA
  Financial performance of the company:Index –DJIA, S&P 500;Beta– 1.40; Capitalization – 151.56 В;Return on assets - 9.60%;Income - 8.38B;Average volume – 10.31 М; P/E - 18.84;ATR – 2.67. Analytical review:The company ranks the 4th on capitalization in the service sector of the issuer trading in the American stock ...
  
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• Time Warner raises profit forecast but fourth-quarter revenue misses

  10-02-2016 14:04 via news.yahoo.com
  
  (Reuters) - Time Warner Inc , the owner of cable channels CNN and HBO and movie studio Warner Bros, raised its 2016 adjusted profit forecast and set a $5 billion share buyback program. The company, whose fourth-quarter profit beat expectations, also raised its dividend to 40.25 cents per share from 35 cents. However, revenue slipped 6 percent and came in shy of estimates, hurt by a lack of hit movie releases from Warner Bros and a strong dollar. The company's shares were down 3.5 percent in prem
  
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• With the USDOLLAR at Key Support, is Yellen the Last Line of Defense?

  10-02-2016 13:51
  The USDOLLAR Index continues to flirt with a major support region around 12035. Will Fed Chair Yellen make or break the greenback today?
  
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• USD/CAD: downward correction nearing end

  10-02-2016 13:30 via liteforex.com
  Forex analytics: Current trendThe Canadian Dollar managed to strengthen against the US Dollar amid negative macroeconomic data for the US. Moreover, the demand for the USD was falling due to the fact that the currency was strongly overbought at the end of the last year.Negative data on Unemployment Rate was released in Canada; however, the CAD was supported by favorable statistics on PMI and Building ...
  
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• XAU/USD: correction is on the way

  10-02-2016 13:11 via liteforex.com
  Forex analytics: Since the beginning of the year the price of gold has increased by 10%, regaining the losses of last year over 1.5 month. Today, since the opening of European session, the price is undergoing correction after maintaining the level of 1188.00. The decline in the price of gold today is accompanied by the rise in quotes of the risky stock assets. World stock indices are increasing, and the uSD is ...
  
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• XAU/USD: Gold is oversold

  10-02-2016 13:10 via liteforex.com
  Forex analytics: The price of gold has returned to the last year level of 1188.00. Correction over the last 1.5 month (since the beginning of this year) amounted to 100% versus the lows of mid-October 2015. Today’s decline in the price of gold comes with the decline in price of the other precious metals, oil andcommodities. On the hourly and 4-hour charts the indicators OsMA and Stochastic have turned in ...
  
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• EUR/USD: at the high levels

  10-02-2016 12:59 via liteforex.com
  Forex analytics: In anticipation of the speech by Janet Yellen, the head of the US Fed, the pair EUR/USD is traded at the high levels. Yesterday, the price reached the level of 1.1285 (Fibonacci 23.6% after the decline from the highs of 2014). However, generally the pair EUR/USD remains in the downtrend. Correction to the indicated level was sharp and short-lived. Now, let’s look at the cross-pair EUR/GBP. On ...
  
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• EUR/USD: Pidato Janet Yellen adalah pukul 17.00 GMT +2

  10-02-2016 12:41 via liteforex.com
  Forex analytics: Hal ini jelas bahwa pengemudi di pasar saat ini adalah pidato kepala fed AS, Janet Yellen, sebelum Senat komite perbankan dan Perwakilan Rakyat, akan ada pada pukul 17.00 (GMT + 2). Pernyataan hambar Janet Yellen dapat memberikan dukungan untuk indeks saham. Jika dia tidak memberi petunjuk tentang kenaikan suku bunga AS pada bulan Maret, maka indeks Amerika dan Eropa akan tumbuh, sedangkan ...
  
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• EUR/USD: Janet Yellen’s speech at 17:00 GMT+2

  10-02-2016 12:40 via liteforex.com
  Forex analytics: It is obvious that today’s driver in the market will be the speech by the head of the US fed, Janet Yellen before the banking committees of the Senate and the house of Representatives, which will start at 17:00 (GMT+2).Bland statement of Janet Yellen can provide support to the stock indices. If she does not drop hints on the increase in the US interest rates in March, American and European ...
  
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• Pound Higher with UK Stocks After Soft Industrial Production Data

  10-02-2016 11:39
  The British Pound traded higher on increased demand for GBP-denominated assets after soft industrial production figures bolstered dovish BOE policy bets
  
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• EUR/USD Breakout Susceptible to Upbeat Fed Testimony

  10-02-2016 11:00
  The near-term breakout in EUR/USD may struggle to gain traction over the next 24-hours of trade should Fed Chair Janet Yellen endorse an upbeat outlook for the U.S.
  
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• Janet Yellen sticks with plan to hike rates — but that can change, she tells Congress

  10-02-2016 10:03 via news.yahoo.com
  
  Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth, but is still sticking to a plan of slowly hiking interest rates back to a more normal level over time. In her semiannual report to Congress, Yellen spoke about the widening fallout from concerns over China's weaker currency and economic outlook, which is rattling financial markets around the world. Since Yellen moved to hike rates for the first time since 2006 in December, oil
  
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• Will Yellen Brave Volatility to Bring Financial Markets to Heel?

  10-02-2016 09:55
  Fed Chair Yellen will have to be forceful in her rhetoric if she intends to prepare markets for more rate hikes in 2016, braving the subsequent breakout of risk aversion.
  
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• Oil Stays Resilient despite Deep Plunge in Copper and Stocks

  10-02-2016 08:06
  Gold held on to gains and oil stayed resilient through another day of heavy risk-off trades. Copper retraced up though still below support
  
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• BUZZ-Abu Dhabi's RAK Properties jumps on annual earnings

  10-02-2016 08:02 via news.yahoo.com
  
  ** Shares in RAK Properties jump 8.2 percent, are Abu Dhabi's most heavily traded stock ** Company reported 2015 profit rose to 160 million dirhams ($43.6 million) from 156 million dirhams in 2014 as revenues climbed 23 percent ** Nine-month profit had dropped 63 percent ** Abu Dhabi stock index falls 0.3 percent (Reporting by Andrew Torchia)
  
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• Stock Market Sell-Off Extends Further In Asia

  10-02-2016 07:57 via news.yahoo.com
  
  Asia has endured another day of stock market losses as nerves intensify over the state of the world economy - more recently the health of many euro area banks. Bank and mining stocks have been pummelled worldwide. The assault on commodity and energy stocks is nothing new given the slowdown in the world economy and record oil glut holding down prices - currently at $30 a barrel.
  
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• AUS200 Technical Analysis: Lower Bound a Gate to 2013 Levels

  10-02-2016 05:52
  Lower bound of 4754 is in focus as a clean break or a close below that would open up leeway for AUS 200 to slide into 2013 levels
  
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• JPN225 Technical Analysis: No Man Land unto Next Support

  10-02-2016 05:27
  JPN 225 entered an area without strong support levels until 2014 lows. Opportunities are limited while volatility, global flows take control
  
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• ESPN casts shadow over ‘Star Wars’ success at Disney

  10-02-2016 02:27
  Walt Disney Co’s ESPN sports network posted a decline in quarterly profit, overshadowing the blockbuster success of “Star Wars: The Force Awakens,” which lifted the company to record income and topped Wall Street expectations.Investors nervous about the future prospects for Disney and other older media companies sent its shares down 3.5 percent to US$89.21 in after-hours trading.
  The media networks unit that includes ESPN, the Disney Channels and ABC recorded a 5.6 percent decl
  
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• ESPN takes edge off ‘Star Wars’ success at Disney

  10-02-2016 00:14
  By Lisa Richwine and Lehar Maan(Reuters) – Walt Disney Co’sESPN network posted a decline in profit, overshadowing the blockbuster success of “Star Wars: The Force Awakens,” which drove quarterly income and revenue ahead of Wall Street expectations. Investors seemed nervous about the future prospects for Disney and other older media companies, sending its shares down 5.2 percent to $87.56 in after-hours trading. The media networks unit that includes sports network ESPN, th
  
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