Analyst news

• UPDATE 1-Valeant shares sink for second straight day

  22-02-2016 23:39
  
  Feb 22 (Reuters) - Shares of Valeant Pharmaceuticals International Inc slumped about 18 percent on Monday, the second consecutive day of steep declines, wiping out more than $6 billion in the...
  
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• United orders 25 more Boeing 737s worth $2 billion – sources

  22-02-2016 23:32
  PARIS (Reuters) – Boeing Cohas won an order for 25 current-generation Boeing 737 aircraft from United Continental Holdings Inc , beating rivals including Canada’s Bombardier Incfor the second time in a month, two industry sources said on Monday.The deal, which is said to involve the 126-seat 737-700 model, would be worth just over $2 billion (£1.4 billion) at list prices. Boeing and United both declined to comment. The deal with Boeing, first reported by the Wall Street Journal
  
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• Wall St lifted by muscular oil rally but some still skittish

  22-02-2016 22:39 via news.yahoo.com
  
  (Reuters) - Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger.
  
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• Wall Street lifted by muscular oil rally but some still skittish

  22-02-2016 22:37 via news.yahoo.com
  
  Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger. As it has for months, Wall Street followed the lead of global oil prices in a trend that has left the S&P 500 down 5 percent so far in 2016, following a partial recovery last week. Monday's stock gains were as broad as they were strong, with all 10 major S&P sectors finishing higher, but investors shell-shocked by this year's market turbulen
  
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• US STOCKS-Wall St lifted by muscular oil rally but some still skittish

  22-02-2016 22:37 via news.yahoo.com
  
  Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger. As it has for months, Wall Street followed the lead ...
  
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• Wall Street jumps as oil rallies

  22-02-2016 22:08 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently-crushed energy stocks, including Chevron and Schlumberger. The Dow Jones industrial average rose 227.23 points, or 1.39 percent, to 16,619.22, the S&P 500 gained 27.6 points, or 1.44 percent, to 1,945.38 and the Nasdaq Composite added 66.18 points, or 1.47 percent, to 4,570.61. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)
  
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• Oil prices lift the market again as energy stocks rally

  22-02-2016 22:08 via news.yahoo.com
  
  NEW YORK (AP) — Energy stocks led a rally on Wall Street as the price of crude oil surged.
  
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• Wall St. jumps as oil rallies

  22-02-2016 22:03 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently-crushed energy stocks, including Chevron and Schlumberger.
  
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• United orders 25 more Boeing 737 worth $2 billion: sources

  22-02-2016 21:09 via news.yahoo.com
  
  Boeing Co has won an order for 25 current-generation Boeing 737 aircraft from United Continental Holdings , beating rivals including Canada's Bombardier for the second time in a month, two industry sources said. Boeing and United Continental both declined to comment. The follow-on deal with Boeing, first reported by the Wall Street Journal, comes weeks after United agreed to buy 40 Boeing 737-700 jets.
  
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• Cable Gaps Lower; Retail FX Remains Net-Long Ahead of BoE Testimony

  22-02-2016 20:25
  GBP/USD stands at risk of facing additional headwinds over the next 24-hours of trading should the Bank of England (BoE) endorse a dovish outlook for monetary policy.
  
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• Valeant shares sink for second straight day

  22-02-2016 20:10
  
  Feb 22 (Reuters) - U.S.-listed shares of Valeant Pharmaceuticals International Inc slumped as much as 13 percent on Monday, the second consecutive day of steep declines, wiping out more than $6...
  
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• Chinese Media Looks For Stock Rebound After Top Regulator Steps Down

  22-02-2016 19:26
  Chinese stocks gained in the first day after the announcement of a new head of the CSRC (China Securities Regulatory Commission).
  
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• Wall Street rallies as oil lifts energy, materials stocks

  22-02-2016 19:09 via news.yahoo.com
  
  By Abhiram Nandakumar (Reuters) - Wall Street rose on Monday as prices of oil and other commodities surged, pointing to an uptick in investors' risk appetite following a rout in global markets. The recovery in prices of crude and metals comes on the heels of better-than-expected U.S. jobs and inflation data, which has helped stabilise the market. Gains were broad-based, with all 10 major S&P sectors higher. Including Monday's gains, the S&P 500 is up 4.1 percent in the past 5 days. ...
  
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• Wall St. rallies as oil lifts energy, materials stocks

  22-02-2016 19:03 via news.yahoo.com
  
  (Reuters) - Wall Street rose on Monday as prices of oil and other commodities surged, pointing to an uptick in investors' risk appetite following a rout in global markets.
  
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• UPDATE 1-Sainsbury given more time for Home Retail bid

  22-02-2016 19:03
  
  * New date is same as for rival Steinhoff to bid or walk away
  
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• Oil soars 7 percent on bets of U.S. shale output falling, equity rally

  22-02-2016 18:37 via news.yahoo.com
  
  By Barani Krishnan NEW YORK (Reuters) - Oil markets jumped as much as 7 percent on Monday as speculation about falling U.S. shale output and a rally in equities fed the notion that crude prices may be bottoming after their 20-month collapse. The markets began the week with a rebound in Asian trade, reacting to Friday's U.S. rig count data, which showed the number of oil drilling rigs in operation falling to a December 2009 low after nine straight weeks of cuts. Higher equity prices on Wall Stree
  
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• Weekly Webinar: USDOLLAR Probes Key Region

  22-02-2016 18:35
  Setups we’re tracking this week as the Dow Jones FXCM Dollar Index approaches key resistance. Here are the updated targets & invalidation levels that matter.
  
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• Silver Commercial Net Short Position is Largest Since July 2008

  22-02-2016 18:27
  Large speculators (trend followers) hold the smallest euro short position since October. Commercial traders (hedgers) hold the smallest long position since June 2014. The COT index is back at 100 which was last registered in August and October.
  
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• UPDATE 5-HSBC hit by U.S. "princelings" probe and below-forecast profit

  22-02-2016 18:20
  
  * Shares in London down 2.6 percent (Adds details on deferred prosecution agreement, share price)
  
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• Miners lead Britain's FTSE higher, outweighing "Brexit" fears

  22-02-2016 18:14
  
  * Falls for HSBC and property companies (Adds detail, quote, closing prices)
  
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• Energy, materials stocks drive Wall Street rally

  22-02-2016 17:44
  By Abhiram Nandakumar
  (Reuters) – Wall Street was higher on Monday as prices of oil and other commodities surged, pointing to an uptick in investors’ risk appetite following a rout in global markets.
  The recovery in commodity prices comes on the heels of recent data pointing to a strengthening of the U.S. economy, which has helped stabilize the market.
  The S&P 500 <.SPX> has risen 4.1 percent in the past five days, including Monday’s gains, spurred by better-than-expe
  
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• Valeant shares sink anew on report it may restate earnings

  22-02-2016 17:24
  Shares of Valeant Pharmaceuticals plunged anew after-hours on Monday after the Wall Street Journal reported that the drugmaker may restate earnings after an internal review. “Valeant … likely needs to restate some of its previous financial results based on the findings of an internal investigation into its business,” the Journal said on its website. 
  In regular NYSE trading on Monday, Valeant shares were down $9.07 to $75.92&nb
  
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• UPDATE 2-Leoni cuts 2016 sales forecast for a third time

  22-02-2016 17:18
  
  * Shares down 6.9 percent (Adds CEO comments, Romania costs and background)
  
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• TSX gains on oil price jump, bank earnings positioning

  22-02-2016 16:49
  TORONTO (Reuters) – Canada’s main stock index gained on Monday, as energy shares rose on a jump in oil prices and several major banks benefited from investor positioning ahead of quarterly earnings this week.
  The energy group climbed 3.2 percent, with pipeline operator Enbridge Inc advancing 3.3 percent to C$44.57.
  A world oil consumer body said it expected U.S. shale production to drop and data showed lower rig counts, pushing up oil prices that have been depressed by excessive supp
  
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• EUR/USD – Bullish Views Getting Put to the Test

  22-02-2016 16:35
  EUR/USD probes key support confluence, 1.1020 should prove critical over next couple of days.
  
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• UPDATE 1-Lumber Liquidators stock hammered after revised cancer-risk report

  22-02-2016 16:21
  
  Feb 22 (Reuters) - Lumber Liquidators Holdings Inc lost about quarter of its market value in early trading on Monday after a report by a U.S. federal agency showed that people exposed to some types...
  
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• Goldman scales back estimate of legal costs

  22-02-2016 15:57 via news.yahoo.com
  
  (Reuters) - Goldman Sachs Group Inc has scaled back its estimate of the legal costs it may face, beyond what it has set aside, by more than half to $2 billion. The Wall Street bank, which ranked No. 1 in advising on both announced and completed mergers and acquisitions globally in 2015, is involved in a number of judicial, regulatory and arbitration proceedings. Goldman is among several financial firms targeted by a federal-state working group investigating misconduct in the sale of mortgage-bac
  
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• Surge in crude oil pushes energy, other stocks higher

  22-02-2016 15:44
  BEIJING (AP) — Global stock markets and the price of oil rose Monday as investors expected finance ministers and central bank chiefs from major economies to indicate more stimulus is possible to help world growth.
  KEEPING SCORE: In Europe, Germany’s DAX gained 1.8 percent to 9,555.24 and France’s CAC-40 added 1.6 percent to 4,291.14. Britain’s FTSE 100 rose 1.2 percent to 6,022.18, though the pound was hit hard by concerns over the country’s popular vote this year
  
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• Brexit Fears Sink the Pound, and Stocks Continue to Rally

  22-02-2016 15:43
  After a hopeful agreement between Mr. Cameron and European leadership, matters disintegrated very quickly. It looks like the UK may be in for an eventful summer.
  
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• Wall Street opens higher as oil prices extend gains

  22-02-2016 15:40
  REUTERS – U.S. stocks opened higher on Monday as oil prices jumped 5 percent, pointing to an uptick in investors’ risk appetite. The Dow Jones industrial average rose 95.81 points, or 0.58 percent, to 16,487.8, the S&P 500 gained 13.52 points, or 0.7 percent, to 1,931.3 and the Nasdaq Composite index added 42.98 points, or 0.95 percent, to 4,547.41.(Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)
  FinanceThe post Wall Street opens higher as oil prices extend gains a
  
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• Tuesday preview: Market braces for batch of full year earnings results

  22-02-2016 15:03
  LONDON (ShareCast) – (ShareCast News) – The market is bracing for a busy day of full year earnings releases from a slate of FTSE 350 companies on Tuesday. GKN (Other OTC: GKNCF – news) is expected to report a drop in earnings per share to 26.4p in 2015 from 29.0p the previous year as weakness in its Aerospace and Land Systems businesses offsets growth in Automotive.
  Aerospace faces the challenge of getting the production of Airbus’s latest A350 jet up to speed, introducin
  
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• Analytical review of the shares of JPMorgan Chase&Co.

  22-02-2016 14:34 via liteforex.com
  Forex analytics: JPMorgan Chase&Co., #JPM [NYSE]Finance, Banks, USA
  Financial performance of the company:Index – DJIA, S&P 500;Beta – 1.65;Capitalization – 212.84 В;Return on asset – 0.90%;Income - 22.41 B;Average volume – 19.56 М P/E - 9.64;ATR – 1.86.Analytical review:
  The company ranks the fourth on capitalization in the Sector of finance among the issuers trading in the American stock ...
  
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• Goldman slashes legal cost estimate

  22-02-2016 14:22 via news.yahoo.com
  
  (Reuters) - Goldman Sachs Group Inc cut the upper end of its estimate of legal costs it may face beyond what it has set aside by more than half to $2 billion. The Wall Street bank, which ranked No. 1 in advising on both announced and completed mergers and acquisitions globally in 2015, is involved in a number of judicial, regulatory and arbitration proceedings. Goldman is among several financial firms targeted by a federal-state working group probing misconduct in the sale of mortgage-backed sec
  
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• Oil , Copper Jump to Production Control and China New Stimulus

  22-02-2016 13:45
  Oil jumped on projection of output reduction, while copper recovered with stocks upon China’s new stimulus. Gold faded with safe haven FX
  
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• Goldman cuts top end of legal loss estimate by 62 percent

  22-02-2016 13:44
  (Reuters) – Goldman Sachs Group Inc <GS.N> cut the upper end of its estimate of legal losses it may face beyond what it has set aside by more than half to $2 billion.
  The bank had estimated in November legal expenses of up to $5.3 billion above what it had already set aside.
  The Wall Street bank is involved in a number of judicial, regulatory and arbitration proceedings.
  For the fourth quarter, the bank reported a 64 percent jump in non-compensation costs due mainly to the $1.95 bil
  
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• Lumber Liquidators set to slump after revised cancer-risk report

  22-02-2016 13:43
  
  Feb 22 (Reuters) - Lumber Liquidators Holdings Inc's shares were set to tumble on Monday after a revised U.S. federal agency report showed people exposed to some types of the company's laminate...
  
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• Silver Triggers a Head & Shoulders Pattern

  22-02-2016 13:39
  Silver prices are lower today as the U.S. Dollar propels itself higher on a decline in the Euro and Pound Sterling, while stock markets remain high, adding to the pressure on silver prices.
  
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• USD/CHF: long positions are preferable

  22-02-2016 13:34 via liteforex.com
  Forex analytics: At the moment the price has reached strong resistance level of 0.9960 (on 4-hour chart, ЕМА200 and ЕМА50 on the daily chart). Breakout of this and the next psychologically important level 1.0000 will enable further rise in the pair to the recent highs of 1.0260 (highs of 2016) and 1.0325 (highs of 2015).On the four-hour chart the indicators OsMA and Stochastic are reversing towards long ...
  
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• Growth Fades, Risk Grows for EUR/USD, GBP/USD

  22-02-2016 13:34
  Once again, the individual components of the USDOLLAR Index are moving in different directions. It's important to examine their motivating factors.
  
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• Chicago Fed National Activity Index. US, 3:30 pm

  22-02-2016 13:30 via liteforex.com
  Forex analytics: Data on Chicago Fed National Activity Index for January is due in the US at 3:30 pm (GMT+2). The index reflects economic situation in the region. A result above 0 is a favorable signal and might strengthen the US Dollar. A result below 0, on the contrary, might affect the USD.
  
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• USD/CHF: uptrend continues

  22-02-2016 13:13 via liteforex.com
  Forex analytics: Some important information about the state of Swiss economy will become known this week, including domestic consumption for January, as per UBS, which is an inflation indicator, which is composed of the several components. This index incorporates the data on the sales of new cars, activity in the retail sales sector and consumer confidence index (will become known on Wednesday в 09:00 (GMT+2). ...
  
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• AUD/USD: short-term upward correction

  22-02-2016 13:09 via liteforex.com
  Forex analytics: Amid the rise in commodity prices, including iron ore and rising oil prices at the Asian session, the pair AUD/USD has been growing since the opening of the trading day on Monday.However, the local rise in the pair will be a short-term correction in the upward channel on the 4-hour chart.On the daily chart the AUD/USD remains in the downward channel with the bottom limit below the level of ...
  
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• GBP/USD: UK possible exit from EU

  22-02-2016 13:07 via liteforex.com
  Forex analytics: Current trendSince the beginning of February, the Pound was losing its positions against the US Dollar amid a growth in demand for the USD and weak macroeconomic releases in the UK. In the second half of the last week, the pair managed to start strengthening while market participants were expecting strong data on retail sales in the UK.However, last weekend, the British currency came under ...
  
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• AUD/USD: the price of iron ore has increased

  22-02-2016 12:59 via liteforex.com
  Forex analytics: Amid growing prices of iron ore last weekend and the rise in oil price since opening of the trading session on Monday, the pair AUD/USD has grown today. The rise took place despite a statement of the member of ARB John Edwards that the Australian dollar was overvalued. Edwards believe that the exchange rate would reach the level of 0.6500 against the current price in the pair AUD/USD above the ...
  
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• Republican Marco Rubio winning Wall Street fundraising race

  22-02-2016 12:07 via news.yahoo.com
  
  WASHINGTON/NEW YORK (Reuters) - Republican Marco Rubio's presidential run has drawn more money from Wall Street donors than any other candidate, according to a Reuters review of campaign finance disclosures, shoring up his position as his party's establishment alternative to front-runner Donald Trump. The U.S. senator from Florida has received more than $4 million from the employees of banks and investment firms like Bank of America Corp , Deutsche Bank and Goldman Sachs Group Inc since launchin
  
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• North American stock markets rise as oil surges

  22-02-2016 12:01 via news.yahoo.com
  
  Stock markets in Toronto and New York were solidly higher in late morning trading on Monday as crude oil jumped by six per cent and metals prices surged. "Stock market prices and oil prices have been tracking each other like a shadow through the first part of the year," said Michael Scanlon, managing director and portfolio manager for John Hancock Asset Management. The rise in oil came despite a report from the International Energy Agency which forecast that oil prices would not see an
  
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• Brexit Fears Aren’t Slowing the FTSE 100

  22-02-2016 12:00
  While the GBPUSD is getting hammered this morning, the FTSE 100 (FXCM: UK100) is up by 1.169% at the time of writing.
  
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• USD/CNH Technical Analysis: Chart Setup Hints at Bottoming

  22-02-2016 11:04
  The US Dollar may be preparing to turn higher against the Chinese Yuan in offshore trade after putting in a bullish Morning Star candlestick pattern.
  
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• DAX 30: Up on U.S. Data and Down on German?

  22-02-2016 10:40
  The DAX 30 is up by 1.93% at the time of writing on a sturdier global risk-appetite. However, today's soft German PMI may change this.
  
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• EUR/USD Little Changed After Weaker February Markit Euro-Zone PMIs

  22-02-2016 10:38
  The Euro was little changed versus the US Dollar after today’s Markit PMI figures disappointed; market focus elsewhere.
  
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