Analyst news

• Yahoo barely beats Wall Street view as offers trickle in for core business

  19-04-2016 23:45 via news.yahoo.com
  
  Yahoo Inc's first-quarter results beat Wall Street estimates by a hair but revenue dropped 11.3 percent, as the web-pioneer struggled to boost growth in the core online search and display advertising business that is in the processing of auctioning off. Analysts on average had expected revenue of $1.08 billion, according to Thomson Reuters I/B/E/S. On an adjusted basis, it earned 8 cents per share. "Given all the challenges Yahoo has faced with the reduction of its workforce and the Alibaba spin
  
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• Intuitive Surgical first-quarter net profit beats expectations

  19-04-2016 22:45 via news.yahoo.com
  (Reuters) - Intuitive Surgical Inc on Tuesday reported a first-quarter net profit that topped Wall Street expectations, helped by expanded use of its da Vinci surgical robots in U.S. general surgery procedures. Analysts on average expected $4.33 a share, according to Thomson Reuters I/B/E/S. Net profit for the quarter rose to $136 million, or $3.54 a share, from $97 million, or $2.57 a share, a year ago. The company's net quarterly profit had been projected at $3.43 a share, according to Thomson
  
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• Wall Street nears record as quarterly reports roll in

  19-04-2016 22:35 via news.yahoo.com
  
  The S&P 500 climbed closer to a record high on Tuesday, lifted by energy stocks and a solid quarterly report from Johnson & Johnson. After dipping into negative territory and then recovering, the S&P 500 ended less than 2 percent short of last May's record high close, with investors laser-focused on a growing flow of first-quarter earnings scorecards. Following two months of steady gains, the S&P 500 is trading at about 17.8 times expected earnings, the highest level since 2004,
  
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• Wall Street nears record terrain as quarterly reports roll in

  19-04-2016 21:06 via news.yahoo.com
  
  The S&P 500 rose towards a record high in a choppy session on Tuesday, lifted by energy stocks and a solid quarterly report from Johnson & Johnson. After dipping into negative territory and then recovering, the S&P 500 was less than 2 percent short of last May's record high close, with investors laser-focused on a growing flow of first-quarter earnings scorecards, including Intel and Yahoo after the bell. Chevron and other energy stocks got a lift from a rally in crude after a strike
  
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• Wall Street flat as weak earnings offset rise in oil

  19-04-2016 19:20 via news.yahoo.com
  
  The S&P 500 and the Dow gave up early gains on Tuesday, but were still within shouting distance of their record highs, as investors assessed weak earnings reports by IBM and Netflix. A rebound in oil and better-than-expected earnings from Goldman Sachs and Johnson & Johnson had pushed the S&P briefly over 2,100, within 30 points of its record high. The Nasdaq composite was weighed by a 25 percent slide in Illumina.
  
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• USD/CAD Risks Further Losses Despite Cautious BoC

  19-04-2016 19:02
  USD/CAD may continue to extend the decline from earlier this month as the bearish momentum appears to be gathering pace.
  
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• Wall St. flat as weak earnings offset rise in oil

  19-04-2016 19:00 via news.yahoo.com
  
  A rebound in oil and better-than-expected earnings from Goldman Sachs and Johnson & Johnson had pushed the S&P briefly over 2,100, within 30 points of its record high. The Nasdaq composite was weighed by a 25 percent slide in Illumina. First-quarter earnings at S&P 500 companies are expected to fall 7.6 percent on average, according to Thomson Reuters I/B/E/S.
  
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• USD/CAD Technical Analysis: What Doha?

  19-04-2016 18:45
  The Canadian Dollar is taking cues from WTI Crude Oil as it pushes higher and higher against the US Dollar.
  
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• China’s Market News: Shanghai Launches First Yuan-Denominated Gold Benchmark

  19-04-2016 18:41
  New Yuan products and new Yuan offshore centers being established are the Chinese headlines for today.
  
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• Britain's FTSE hits four-month high as miners rally

  19-04-2016 17:56 via news.yahoo.com
  Britain's benchmark stock market index rose to its highest level in four months on Tuesday, lifted by stronger mining and banking stocks. The blue-chip FTSE 100 index was up 51.83 points, or 0.4 percent ...
  
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• S&P 500 breaches 2100 as oil, earnings drive gains

  19-04-2016 17:20 via news.yahoo.com
  
  The S&P 500 breached 2,100 on Tuesday, about 30 points shy of its record high, boosted by a rise in crude and earnings reports from heavyweights Goldman Sachs and Johnson & Johnson. The Dow Jones industrial average stayed above 18,000, a day after crossing the key psychological barrier for the first time since July, on rising optimism that corporate earnings would continue to beat tempered expectations. Only the Nasdaq composite edged lower, weighed by a 25 percent slide in Illumina.
  
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• MIDEAST STOCKS-Saudi earnings, oil boost Gulf, Egypt breaks chart barrier

  19-04-2016 16:11 via news.yahoo.com
  * Saudi's SABIC surges after profit drops less than expected * Builder Khodari, Mouwasat Medical also beat estimates * Dubai's Emaar up on chairman's positive comments * Dubai Parks falls on rights issue plan * Egypt's index rises above October peak By Andrew Torchia DUBAI, April 19 (Reuters) - Gulf stock markets rose on Tuesday as several Saudi companies beat first-quarter earnings estimates and oil prices held up better than feared after the failure of Sunday's Doha meeting to agree on an outp
  
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• S&P 500, Dow edge up as oil holds on to gains

  19-04-2016 16:09 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York in this April 12, 2016, file photo. REUTERS/Lucas Jackson/FilesMoreBy Abhiram Nandakumar
  (Reuters) – The S&P 500 and the Dow Jones industrial average were slightly higher on Tuesday as crude rose after an oil workers’ strike in Kuwait hurt output.
  The Nasdaq composite edged lower, weighed by a 22 percent slide in Illumina. The diagnostic test maker’s shares were trading at $1
  
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• Markets Right Now: Wall Street opens higher

  19-04-2016 15:42 via news.yahoo.com
  
  NEW YORK (AP) — The Latest news on global financial markets (all times local):
  
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• Wall Street slightly higher as oil steadies

  19-04-2016 15:40 via news.yahoo.com
  
  REUTERS - U.S. stock indexes were slightly higher at the open on Tuesday, after a strike by oil workers in Kuwait sparked a rise in crude. The Dow Jones industrial average rose 31.77 points, or 0.18 percent, to 18,035.93, the S&P 500 gained 4.64 points, or 0.22 percent, to 2,098.98 and the Nasdaq composite added 0.66 points, or 0.01 percent, to 4,960.68. (Reporting by Abhiram Nandakumar in Bengaluru; Editing by Don Sebastian)
  
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• Goldman Sachs revenue slumps to lowest in more than four years

  19-04-2016 15:40 via news.yahoo.com
  
  Goldman Sachs Group Inc's quarterly profit fell by more than half and revenue slumped to its lowest in more than four years as market volatility hit the Wall Street bank's bond trading and investment banking businesses. Goldman, wrapping up a dismal quarter for big U.S. banks, reported a 40 percent drop in net revenue, reflecting declines in all of its main businesses. As with other banks, Goldman's trading revenue was hit by sliding commodity and oil prices, worries about the Chinese economy an
  
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• How to Approach Stocks and Gold with USD at Fresh Lows

  19-04-2016 15:38
  The US Dollar dive deepens as price action prints fresh lows, and this has created spikes in Gold and the S&P. In this article, we go over how traders can approach these markets.
  
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• AUD/USD – Will the Real Trend Please Stand Up?

  19-04-2016 15:35
  AUD/USD testing key resistance confluence. Bullish sentiment nearing contrarian extremes.
  
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• EUR/USD Attempts 2nd Daily Breakout

  19-04-2016 15:25
  After an initial false breakout, the EUR/USD is again attempting to trade higher.
  
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• Silver-Gold Relationship Evolving in a Bad Way for US Dollar

  19-04-2016 14:45
  The Gold/Silver ratio is making a sharp break lower this week, suggesting that the precious metals rally is just getting started. US Dollar bulls should be worried.
  
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• CAC 40 Trades to Monthly Highs

  19-04-2016 14:45
  The CAC 40 is trading to new monthly highs, under resistance at 4,582
  
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• Global stocks rise as strike in Kuwait lifts oil prices

  19-04-2016 14:36 via news.yahoo.com
  
  By Nigel Stephenson LONDON (Reuters) - Global stocks reached their highest levels since early December on Tuesday as oil prices rose, driven by a strike in Kuwait, and signs of economic stabilization in China improved demand for risky assets. MSCI's All Countries World Index , which tracks shares in 45 countries, rose as high as 407.45 points, its highest since Dec. 7, on strong gains in Europe and Asia. Wall Street looked set to join the party, with index futures suggesting stocks would open 0.
  
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• Analytical review for Altria Group Inc.'s shares

  19-04-2016 13:57 via liteforex.com
  Forex analytics: Altria Group Inc., #MO [NYSE] Consumer goods, Cigarette production, USA Financial performance Index – S&P 500;Beta – 0.51; Capitalization - 121.98 В;Assets Profitability - 19.10%; Revenue - 5.24В;Average volume – 6.36 М; P/E - 23.33;ATR – 1.08. Analytical reviewThe issuer has been in an upward trend since the beginning of 2016. In the past 3 months, the price of Altria Group’s ...
  
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• J&J shares poised to hit record after earnings

  19-04-2016 13:53 via news.yahoo.com
  
  Johnson & Johnson, the maker of Band-Aids and Tylenol, reported higher-than-expected quarterly earnings on Tuesday and nudged up its 2016 sales and earnings forecasts. The company's stock rose about 1.4 percent $112.50 in premarket trading, on track to open at a record high.
  
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• The Latest: Wall Street poised to join the rally

  19-04-2016 13:40 via news.yahoo.com
  
  LONDON (AP) — The Latest news on global financial markets (all times local):
  
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• Johnson & Johnson rides strong prescription sales in 1Q

  19-04-2016 13:38 via news.yahoo.com
  
  Johnson & Johnson on Tuesday posted a 0.6 percent decline in first-quarter profit, but still beat Wall Street's expectations as strong sales of prescription drugs nearly offset a big hit from the strong dollar.
  
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• Copper Price Holds Out; Oil Price Recovers on Kuwaiti Strike

  19-04-2016 13:24
  Oil prices found a relief from Kuwait’s output constraint. Copper steadied amid mixed market forces. Gold retreated as risks rebound
  
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• DAX30: indicators give buy signals

  19-04-2016 12:53 via liteforex.com
  Forex analytics: On the hourly, daily, weekly and 4-hour charts the indicators OsMA and Stochastic recommend to open long positions.The price has regained half of the losses sustained from December 2015 and beginning of 2016 when the world stock markets collapsed after the Chinese stock market.On the daily chart the price has broken out important resistance levels of 10120.0 (Fibonacci 50%) and 10172.0 ...
  
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• UnitedHealth ups 2016 outlook after surprisingly strong 1Q

  19-04-2016 12:52 via news.yahoo.com
  
  MINNETONKA, Minn. (AP) — UnitedHealth hiked its 2016 forecast after a first quarter in which the nation's largest health insurer topped Wall Street earnings expectations and its profit grew by 14 percent.
  
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• DAX30: World stock indices are growing

  19-04-2016 12:47 via liteforex.com
  Forex analytics: The rise in oil prices and weakening in the USD amid uncertainty about the increase in the US interest rate, have increased risk aversion among investors. The continuing rise in the American stock indices triggers the rise in European indices since April, despite poor performance of the European economy.ZEW index of current economic conditions in Germany, which was released today, was lower ...
  
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• USD/CAD: The pair continues to decline

  19-04-2016 11:58 via liteforex.com
  Forex analytics: The price of the pair USD/CAD has returned to the highs of January-March, regaining about 50% of the losses caused by the constant rise in the pair since July 2014. Now the pair is traded at the level of 1.2755.Since July 2014 the pair USD/CAD has grown from 1.0650 to 1.4680, (4000 points). However, starting from 20 January the pair started to fall rapidly. The decline was caused by the rise in ...
  
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• Euro ZEW Survey Suggests Positive Chinese Data Improving Sentiment

  19-04-2016 11:49
  ZEW Survey showed experts expectations to developments in the Euro-Zone are improving, Euro slightly higher versus other majors
  
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• All Hands On Deck For £175m Dobbies Bid

  19-04-2016 11:34 via news.yahoo.com
  
  The private equity tycoon Guy Hands is plotting a £175m takeover of Dobbies Garden Centres in an attempt to create an industry giant that would dwarf its nearest rival. Sky News has learnt that Wyevale, which is owned by Mr Hands' Terra Firma Capital Partners, has in recent days tabled a bid for Dobbies, which has been put up for sale by Tesco (Xetra: 852647 - news) . Sources said that Goldman Sachs (NYSE: GS-PB - news) , the Wall Street bank, has been drafted in to assist Wyevale's bid, w
  
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• USD/CAD: interest rate decision by the Bank of Canada

  19-04-2016 10:49 via liteforex.com
  Forex analytics: Last Wednesday the Bank of Canada left interest rate unchanged at the level of 0.5%, which, at first did not affect exchange rate of the Canadian dollar. However, later the CAD started to rise. The Bank has upgraded economic growth forecast for 2016, stating that new tax and budget measures launched by the Canadian government should have positive impact on the economy.Nevertheless, the CAD has ...
  
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• Stocks rise as oil prices shrug off Doha failure

  19-04-2016 10:49 via news.yahoo.com
  
  By Nigel Stephenson LONDON (Reuters) - European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk. Oil prices had already shrugged off the weekend failure of producers to agree to freeze output at a meeting in Doha, but Tuesday's gains drove the commodity-linked Australian dollar to a 10-month high against its U.S. counterpart. "As long as oil remains above $43
  
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• World stocks rise as oil prices shrug off Doha failure

  19-04-2016 10:34 via news.yahoo.com
  
  By Nigel Stephenson LONDON (Reuters) - European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk. Oil prices had already shrugged off the weekend failure of producers to agree to freeze output at a meeting in Doha, but Tuesday's gains drove the commodity-linked Australian dollar to a 10-month high against its U.S. counterpart. "As long as oil remains above $43
  
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• FTSE hits four-month high as miners rally

  19-04-2016 10:34 via news.yahoo.com
  
  By Sudip Kar-Gupta LONDON (Reuters) - Britain's benchmark stock market index rose to its highest level in four months on Tuesday, lifted by stronger mining and banking stocks. The blue-chip FTSE 100 index rose 0.8 percent to 6,402.58 points - a new peak for 2016 and its highest level since early December 2015. Mining stocks such as Anglo American and BHP Billiton advanced on the back of supportive economic signals coming out of China, the world's second-biggest economy and the leading global con
  
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• Britain's FTSE hits 4-month high as miners rally

  19-04-2016 10:31 via news.yahoo.com
  Britain's benchmark stock market index rose to its highest level in four months on Tuesday, lifted by stronger mining and banking stocks. The blue-chip FTSE 100 index rose 0.8 percent to 6,402.58 points ...
  
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• MIDEAST STOCKS-Gulf rises as Saudi Q1 earnings please, oil holds up

  19-04-2016 09:44 via news.yahoo.com
  DUBAI, April 19 (Reuters) - Most Gulf stock markets rose early on Tuesday as several Saudi Arabian companies beat first-quarter earnings estimates and oil prices held up better than feared after the failure of Sunday's Doha meeting of producers to agree on an output freeze. The Saudi stock index climbed 1.1 percent as Saudi Basic Industries, the biggest petrochemical producer, gained 1.7 percent. It reported a 13.2 percent drop in net profit to 3.41 billion riyals ($909.4 million); analysts had
  
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• Asia follows Wall St higher as optimism returns after oil shock

  19-04-2016 09:22 via news.yahoo.com
  
  Tokyo led a recovery in Asian stock markets Tuesday, soaring more than three percent as dealers built on a strong lead from Wall Street and disappointment over failed oil talks gave way to hope for the global economy. While Asia ended lower Monday following the collapse of the weekend meeting to cap crude production, initial sharp losses in Europe and New York turned to gains as dealers were lifted by positive comments on the US outlook and recent upbeat data out of China. News of a huge strike
  
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• European shares hit one-month high, L'Oreal leads

  19-04-2016 09:18 via news.yahoo.com
  European equities climbed to a one-month high on Tuesday, mirroring gains on Wall Street and in Asia, with a rally in commodities-related stocks and some encouraging company updates supporting the market. ...
  
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• BUZZ-Saudi's SABIC, Sipchem up on Q1 earnings beats

  19-04-2016 09:12 via news.yahoo.com
  ** Shares in two major Saudi Arabian petrochemical companies rise after they beat first-quarter earnings estimates, in large part because of cost-cutting, which partially offset slumping product prices and higher feedstock costs ** Saudi Basic Industries rises 1.7 percent after reporting 13.2 percent drop in net profit to 3.41 billion riyals ($909.4 million), versus analysts' average forecast of 2.84 billion riyals ** Sipchem climbs 1.7 percent after posting 37.1 percent drop in profit to 50.7 m
  
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• Turkey - Factors to Watch on April 19

  19-04-2016 07:09 via news.yahoo.com
  ISTANBUL, April 19 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira stood at 2.8355 to the dollar at 0508 GMT, firming from 2.8483 at the end of Monday. The benchmark 10-year bond was at 9.34 percent at the end of spot trade on Monday, from 9.41 percent on Friday. The main share index closed up 0.9 percent at 86,343 points on Monday. GLOBAL MARKETS Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on W
  
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• Asian stocks mostly higher, Japan rallies as yen weakens

  19-04-2016 06:51 via news.yahoo.com
  
  SEOUL, South Korea (AP) — Asian stock markets were mostly higher on Tuesday led by a rally in Japan as investor sentiment was boosted by Wall Street reaching the highest levels in recent months. A weakening of the Japanese yen against the dollar boosted exporters.
  
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• Gold rises in choppy trading as shares climb, oil dips

  19-04-2016 06:49 via news.yahoo.com
  
  Gold edged up on Tuesday in choppy trading amid strength in Asian equities and a drop in oil prices, although uncertainty over U.S. monetary policy kept investors cautious. Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on Wall Street after the strike in Kuwait helped pull crude oil prices above their prior-session lows. Spot gold was up nearly $1 at $1,232 an ounce by 0431 GMT, after earlier dropping as much as 0.3 percent.
  
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• Asian shares rise, taking cue from Wall Street

  19-04-2016 06:24 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped pull crude oil prices above their prior-session lows. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 percent, after touching its highest intraday levels since November. Japan's Nikkei stock index was up 3.5 percent in early trading, a day after it fell 3.4 percent as investors assessed the impact of earthqua
  
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• Asia markets rally with Wall St after oil shock

  19-04-2016 05:07 via news.yahoo.com
  
  Tokyo led a recovery in Asian stock markets Tuesday, soaring more than three percent as dealers built on a strong lead from Wall Street and disappointment over failed oil talks gave way to hope for the global economy. While Asia ended lower Monday following the collapse of the weekend meeting to cap crude production, initial sharp losses in Europe and New York turned to gains as dealers were lifted by positive comments on the US outlook and recent upbeat data out of China. Federal Reserve Bank o
  
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• ASX 200 Tests a 3-Month High ahead of 50% Fibonacci

  19-04-2016 04:19
  ASX 200 is testing a range top and 3-month high at 5227. A breach would open the upside toward 50% Fibonacci at 5391.5
  
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• Asian shares rise on tentative bounce in crude oil

  19-04-2016 03:02 via news.yahoo.com
  
  By Lisa Twaronite TOKYO (Reuters) - Asian share markets rose on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped spark a recovery in crude oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent. Japan's Nikkei stock index was up 3.4 percent in early trading, a day after it plunged by that same percentage as investors assessed the impact of earthquakes in southwestern Japan's Kyushu on manufacturers' supply chains.
  
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• BOJ Kuroda: excessive yen gains could affect inflation trend - WSJ

  19-04-2016 02:32 via news.yahoo.com
  
  By Kaori Kaneko and Stanley White TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said inflation could be affected if the yen continued to rise excessively, leading to further easing measures to meet the central bank's price target, the Wall Street Journal reported on Tuesday. Kuroda also told the paper that the BOJ was not targeting the exchange rate but that he would continue to monitor the yen's movements. Kuroda's comments on how the yen could affect inflation and monetary policy ar
  
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