Analyst news

• Netflix shares plunge as subscriber forecasts miss estimates

  18-04-2016 23:32 via news.yahoo.com
  
  Streaming video service Netflix Inc forecast its number of U.S. and international subscribers would grow at a slower pace than Wall Street expected this quarter, sending its shares tumbling 10 percent in after-hours trading. Netflix said it expected to add about 500,000 customers in the United States in the second quarter that ends in June, compared with Wall Street targets of 586,000, according to FactSet StreetAccount. Netflix, known for its original shows such as "Orange Is The New Black" and
  
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• Oil falls after Qatar meeting disappoints; stocks up

  18-04-2016 23:12 via news.yahoo.com
  
  By Caroline Valetkevitch NEW YORK (Reuters) - Oil prices slumped on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets edged higher. Wall Street and European stocks rebounded modestly after earlier losses spurred by the failure of major oil-producing nations to agree on an output freeze in an oversupplied world market. The decline in oil prices damped down a more optimistic tone that had prevailed for much of the past week.
  
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• Disney, Hasbro lift Wall Street as earnings heat up

  18-04-2016 22:04 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange (NYSE) April 15, 2016. REUTERS/Brendan McDermidMoreNEW YORK (Reuters) – The Dow Jones industrial average climbed to a nine-month high on Monday, as Hasbro and Disney shares lifted the consumer discretionary sector while investors braced for a flurry of quarterly earnings reports through the week.
  The Dow Jones industrial average rose 104.98 points, or 0.59 percent, to 18,002.44, the S&P 500 gained 13.62 points, or 0.65 percent, t
  
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• US DOLLAR Technical Analysis: Retesting 2016 Lows

  18-04-2016 21:45
  The Fed Is Doing a Good Job Making the USD Long Position Less Attractive Than It Was. So Are The Charts.
  
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• WTI Crude Oil Price Forecast: When Bad News Isn’t As Bad

  18-04-2016 21:39
  WTI Crude Oil (CFD: US Oil) Has Fallen After a Failed Agreement in Doha. Now, A Bullish Resumption Could Indicate a Real Trend Change.
  
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• USD/JPY Technical Analysis: Seeing Signs of JPY Weakness

  18-04-2016 21:29
  USD/JPY Now Sits on Channel Support. As Price Struggles To Push Below Fibonacci Support, Resistance Now Comes Into Focus.
  
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• Factbox: Wall Street and commodity risk - Morgan Stanley risk sinks in first quarter

  18-04-2016 21:28 via news.yahoo.com
  (Reuters) - Morgan Stanley's commodity market trading risk measure, known as Value-at-Risk (VaR), fell to its lowest in at least three years in the three months to end-March, the bank said on Monday.
  
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• Dow reclaims 18,000 as quarterly reports begin to flow

  18-04-2016 21:05 via news.yahoo.com
  Wall Street rose on Monday, with the Dow touching highs not seen since July, as Hasbro and Disney lifted the consumer discretionary sector while investors braced for a flurry of quarterly earnings reports through the week. The index is now up 2.3 percent in 2016 and only about 2 percent short of its all-time high, while the Dow breached 18,000 for the first time since July 21. Earnings of S&P 500 companies are seen falling 7.7 percent on average, with the energy sector weighing heavily, acco
  
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• AUD/USD Gains Favored on More of the Same From RBA Minutes

  18-04-2016 21:05
  The RBA Minutes may spur a further advance in AUD/USD especially as Governor Glenn Stevens refrains from toughening the verbal intervention on the local currency.
  
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• Weak markets leave Morgan Stanley struggling to reach return-on-equity target

  18-04-2016 19:45 via news.yahoo.com
  Morgan Stanley's trouble growing revenue in weak markets may cause management to take further actions to achieve its financial goals, Chief Executive James Gorman said on Monday. The Wall Street bank's first-quarter profit tumbled by more than half, as trouble in fixed-income markets hurt its trading business and capital markets underwriting lagged. Morgan Stanley's return-on-equity, a key measure of how well it uses shareholder capital to earn profits, was 6.2 percent, well below Gorman's goal
  
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• China’s Market News: New Capital Outflow Channels: SHSC, QDFII2

  18-04-2016 18:39
  China is preparing to launch two new programs for domestic investors to invest aboard.
  
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• USD/CHF Technical Analysis: Double-Doji Sets Up Short-Side Swing

  18-04-2016 18:20
  The Swissy may be offering down-trend resumption setups after a higher-low printed near a previous batch of support.
  
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• Analytical review of the stocks of AT&T Inc.

  18-04-2016 17:48 via liteforex.com
  Forex analytics: AT&T Inc., #T [NYSE] Technologies, Telecommunication services, USA Financial performance of the company: Index – S&P 500;Beta – 0.27; Capitalization – 227.29 В;Return on asset – 4.60%; Income - 13.34 B;Average volume – 29.25 М; P/E - 16.35;ATR – 0.54. Analytical review:Over the past three months company's stocks have grown by over 14.5%. It is expected that the price will ...
  
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• How to Tackle the Bear in Oil Prices After Doha Talks Fail

  18-04-2016 15:26
  Hopes were high for a production freeze in Oil coming into this weekend's meeting of Oil ministers in Doha. But with no deal announced, might this bring back the bearish trend in Oil prices?
  
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• USD, Fed Implications Around Oil’s Doha Disappointment

  18-04-2016 14:00
  There are direct and indirect implications of the Doha disappointment on how the Fed will normalize its policy this year.
  
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• A Second Fail for Silver Prices in Breaching Critical High

  18-04-2016 14:00
  Silver prices remain stable despite the significant swing in European stock markets.
  
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• Oil Price Sinks as Output Deal Fails; Gold, Copper Prices Steady

  18-04-2016 13:32
  Oil prices plunged after Doha summit failed to produce a cap on output. Risk-selling boosted gold, while copper held out alongside iron ore
  
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• PepsiCo 1Q sales slip, miss Wall Street's view

  18-04-2016 13:28 via news.yahoo.com
  
  PURCHASE, N.Y. (AP) — PepsiCo's net income and sales dipped in the first quarter, stung by a strong dollar and some weakness overseas.
  
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• Morgan Stanley's profit falls by more than half as trading slumps

  18-04-2016 13:19 via news.yahoo.com
  By Olivia Oran and Richa Naidu (Reuters) - Morgan Stanley's quarterly profit fell by more than half as the Wall Street bank's fixed-income trading and investment banking bu...
  
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• Morgan Stanley profit slumps 54.4 percent

  18-04-2016 13:19 via news.yahoo.com
  (Reuters) - Morgan Stanley's quarterly profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year. ...
  
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• Morgan Stanley's profit more than halves as trading slumps

  18-04-2016 13:05 via news.yahoo.com
  (Reuters) - Morgan Stanley's quarterly profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year. B...
  
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• USD/JPY: demand for the Yen has grown

  18-04-2016 12:44 via liteforex.com
  Forex analytics: Today, the pair USD/JPY has opened trading day with the gap down by 50 points against closing price last Friday. The decline was caused by the failure to reach agreement in Doha last Sunday. Investors now prefer safe-haven currencies, such as the Yen.The pair fell from the level of 107.75, closely approaching 18-month lows at the level of 107.65, which was reached on 11 April.However, the ...
  
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• USD/JPY: The Yen has grown due to the collapse in the meeting in Doha

  18-04-2016 12:22 via liteforex.com
  Forex analytics: During today’s Asian session the Yen has traded upward against the other currencies due to the negative result of the meeting in Doha. The pair USD/JPY started the day with the gap down by 50 points against the closing price last Friday.Since the beginning of European session the pair USD/JPY has regained part of the losses. Pressure on the pair continues, as the failure of the agreement to ...
  
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• Brent: Doha meeting ended without a deal

  18-04-2016 12:13 via liteforex.com
  Forex analytics: Oil meeting in Doha that has been expected to boost crude oil prices by freezing production fell apart. Saudi Arabia refused to sign any agreement without Iran’s participation. It was planned that the largest oil producing countries would sign an agreement to freeze oil production at the level of January or February. Iran refused to participate in the meeting and vowed to increase its output to ...
  
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• Brent: Oil price has reached the level of 42.00

  18-04-2016 12:07 via liteforex.com
  Forex analytics: Since the opening of European session the price of oil is undergoing correction, rising up to the level of 42.00 USD per barrel. However, the rise above the level of 42.15, which is crossed by moving average line with the period 200 on the hourly chart and Fibonacci 38.2% (correction to the decline since June 2015), is unlikely.A meeting in Doha has collapsed. Now, the main fact affecting oil ...
  
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• Energy Loans Put Pressure on Major Banks as Provisions Increase

  18-04-2016 12:01
  Energy loans put pressure on banks as provisions for credit losses in oil and gas increase in Q1'16, trading revenue falls.
  
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• DAX 30 Led Lower By Softer Energy Shares

  18-04-2016 11:01
  Critical levels for the DAX 30 are the March high of 10,118 and the April low of 9437.
  
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• Weekly review for 18 - 23 April, 2016

  18-04-2016 10:43 via liteforex.com
  Forex analytics: The meeting of representatives of the largest oil producing countries in Doha did not bring any results. The negotiations were broke off when representative of Saudi Arabia refused to sign any agreements without Iran’s participation.As a result, On Monday the prices of oil and commodity currencies and the Yen went down. The price of crude oil Brent fell by almost 10%, to the level of 41 USD ...
  
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• MIDEAST STOCKS-Saudi shares drop moderately after oil tumbles

  18-04-2016 10:02 via news.yahoo.com
  Saudi Arabia's stock market fell moderately in early trade on Monday after oil producers meeting in Doha on Sunday caused crude prices to tumble, although some stocks rose on the back of better-than-expected earnings. The failure of the Doha meeting to agree on an oil output freeze may not make a huge difference to prices in the long term - analysts thought a freeze would have had only a minor impact on market conditions. The second largest listed producer, Saudi Arabia Fertilisers Co (SAFCO), s
  
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• Malaysian PM's brother takes leave from CIMB role amid funds transfer inquiry

  18-04-2016 09:57 via news.yahoo.com
  
  The Malaysian prime minister's brother, Nazir Razak, announced on Monday that he was taking voluntary leave of absence from his role as chairman of CIMB Group Holdings Bhd amid an independent review into money transfers to his personal account. Nazir was dragged into a scandal around political funding and alleged misuse of money from state fund 1Malaysia Development Berhad (1MDB) after the Wall Street Journal reported last month that he received $7 million (£4.94 million) in funds from his
  
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• FTSE 100 Slides On Brent Crude Oil Price Slump

  18-04-2016 09:22
  The multi-week trend remained bullish, but the price has quickly given back parts last week’s gains.
  
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• Spain's Abertis, Brookfield to launch bid for Brazil's Arteris

  18-04-2016 09:13 via news.yahoo.com
  
  Spain's Abertis said on Monday that, together with a unit of Canada's Brookfield Asset Management , it will launch a bid for the shares of Brazil's Arteris it doesn't already own for 10.15 reais (2 pounds) per share. The Spanish motorway operator and Brookfield Brazil Motorways Holding currently own 69.26 percent of Arteris through Participes, in which they hold 51 percent and 49 percent respectively. The offer, to be finalised May 17 and aimed at delisting Arteris from the Brazilian market, dis
  
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• Nikkei 225 Reverses down toward 16,000

  18-04-2016 09:07
  After a previous rally failed to reach March’s high, the Nikkei is retracing toward 16,000 once more, with the help of a momentum reversal
  
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• BUZZ-Saudi's Ma'aden edges up after earnings beat

  18-04-2016 09:05 via news.yahoo.com
  ** Shares in Saudi Arabian Mining Co (Ma'aden) climb 1.1 percent to 28.90 riyals ** It reported 35.3 percent fall in first-quarter net profit to 168.9 million riyals ($45.04 million) versus average estimate of three analysts of just 1.13 million riyals ** Sales declined 17 percent year-on-year because of lower product prices, but this was partially mitigated by 16 percent drop in direct costs and positive effects of initiative to reduce operating costs, says note by NCB Capital ** Saudi Arabia's
  
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• Spain's Caixabank to launch full takeover offer for BPI

  18-04-2016 08:11 via news.yahoo.com
  
  Spain's Caixabank said on Monday it would launch a full takeover bid for the 56 percent of Portuguese lender Banco BPI that it does not already own for 1.113 euros (0.8896 pounds) per share. The offer was dependent on acceptance topping 50 percent and the Portuguese bank eliminating a 20 percent shareholder rights limitation, the Spanish bank said in a statement to the stock market regulator. The announcement comes after Spanish lender and Angolan investor Isabel dos Santos, who owns 18.6 percen
  
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• Spain's Caixabank to launch full takeover bid for Portugal's BPI

  18-04-2016 07:29 via news.yahoo.com
  
  Spain's Caixabank said on Monday it would make a full takeover bid in cash for Portugal's BPI for 1.113 euros (0.8895 pounds) per share for the 56 percent stake it doesn't already hold. The offer is dependent on acceptance topping 50 percent of BPI and the Portuguese bank eliminating a 20 percent shareholder rights limitation, the Spanish bank said in a statement to the stock market regulator on Monday.
  
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• New Zealand Dollar Gains as CPI Data Decreases RBNZ Rate Cut Bets

  18-04-2016 06:14
  The New Zealand Dollar gained across its major peers after the country’s first quarter CPI crossed the wires and reduced RBNZ rate cut expectations.
  
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• Oil Futures Gap Down as Doha Oil Freeze Meeting Fails on Accord

  18-04-2016 05:05
  WTI Crude Oil Futures gapped more than 3.5 percent lower at market open as OPEC’s Doha meeting on oil production halts failed to come to an agreement.
  
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• No Change in ECB Policy to Put EUR/USD Focus on Press Conference

  18-04-2016 01:25
  The European Central Bank isn’t going to change its monetary policy this week, so traders should look to President Mario Draghi’s press conference for clues as to when the ECB will ease next – if at all.
  
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