Analyst news

• Facebook revenue smashes expectations as mobile ad sales surge

  27-04-2016 23:33 via news.yahoo.com
  
  (Reuters) - Facebook Inc's quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending. Facebook also announced a proposal to create a new class of non-voting shares, which would be given as a dividend to existing shareholders. The dividend of non-voting shares would allow Chief Executive Mark Zuckerberg, who plans to give away the majority of
  
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• U.S. stocks rise, bond yields fall, oil hits 2016 high after Fed statement

  27-04-2016 23:31 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks edged up, U.S Treasury debt yields fell, and oil prices rose to the highest level of the year on Wednesday after the Federal Reserve signalled it was in no hurry to change policy. The Fed's policy interest rate target was left unchanged at 0.25 percent to 0.5 percent as expected, and the U.S. central bank expressed confidence in the U.S. economic outlook, leaving the door open to an interest rate rise in June, but gave no indication it felt
  
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• IEX exchange bid should be judged on its own merits - FINRA chief

  27-04-2016 22:52 via news.yahoo.com
  
  By John McCrank NEW YORK (Reuters) - A proposal to let U.S. stock exchanges delay order responses by less than a millisecond will likely move ahead, paving the way for "Flash Boys" heroes IEX Group to become an exchange, the head of Wall Street's self-funded watchdog said on Wednesday. Such delays would not harm the ability of market participants to access stock quotes and could encourage innovation from exchanges that benefits investors, the U.S. Securities and Exchange Commission said in its p
  
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• Wall Street ticks up as hawkish Fed fears ebb; Apple weighs

  27-04-2016 22:47 via news.yahoo.com
  
  Stocks in the telecom and utilities sectors, seen as proxies for fixed income returns when Treasury yields are expected to remain low, rose sharply after the Fed's announcement. "The big takeaway here is they (the Fed) continued to be positive on the domestic economy," said John Bailer, senior portfolio manager at The Boston Company Asset Management. The technology sector remained the largest weight on the market after Apple slumped more than 6 percent following its first revenue decline in over
  
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• Wall Street up after Fed fears ebb; Apple slumps

  27-04-2016 22:09 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks ended slightly higher on Wednesday after fears eased that the Federal Reserve would strongly signal it would raise interest rates in June, though a slump in Apple shares weighed on the Nasdaq index. The Dow Jones industrial average rose 52.74 points, or 0.29 percent, to 18,043.06, the S&P 500 gained 3.62 points, or 0.17 percent, to 2,095.32 and the Nasdaq Composite dropped 25.14 points, or 0.51 percent, to 4,863.14. (Reporting by Rodrigo Campos; Editing by Me
  
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• Carlyle first quarter earnings fall almost 80 percent but still beat forecast

  27-04-2016 21:20 via news.yahoo.com
  
  Private equity firm Carlyle Group LP bucked its sector's trend on Wednesday by posting first-quarter earnings that beat market forecasts, even as it reported a drop in the assets managed by the firm that also set it apart from its peers. The surprisingly buoyant earnings numbers contrasted with disappointing quarterly performances from some of Carlyle's rivals, as stormy financial markets eroded returns. Known for multibillion dollar corporate takeovers that were in vogue before the 2008 global
  
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• Wall St. stocks steady, bond yields fall, oil hits 2016 high after Fed

  27-04-2016 21:18 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks were steady, U.S Treasury debt yields fell sharply, and oil prices rose to their highest level of the year on Wednesday after the Federal Reserve announced it would keep U.S. interest rates unchanged. The Fed left their policy interest rate target at the previous level of 0.25 percent to 0.5 percent as expected,and while it left the door open to a rate rise in June, its statement implied that it was in no hurry to follow on from its Decembe
  
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• Wall Street stocks steady, bond yields fall, oil hits 2016 high after Fed

  27-04-2016 21:17 via rocketnews.com
  U.S. dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington, November 14, 2014. REUTERS/Gary Cameron/FilesMoreBy Dion Rabouin
  NEW YORK (Reuters) – Wall Street stocks were steady, U.S Treasury debt yields fell sharply, and oil prices rose to their highest level of the year on Wednesday after the Federal Reserve announced it would keep U.S. interest rates unchanged.
  The Fed left their policy interest rate target at the previous level of 0.25 percent to 0
  
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• A day after credit downgrade by S&P, Exxon hikes dividend

  27-04-2016 20:40 via news.yahoo.com
  NEW YORK (AP) — A day after losing its cherished AAA credit rating partly due to billions paid to shareholders, Exxon Mobil is raising its dividend again.
  
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• FOMC Holds Rates at April Meeting, Focus Moves to June

  27-04-2016 20:20
  The Federal Reserve held interest rates at today's meeting, but did remove a key phrase indicating that we might not be waiting for long for that next hike.
  
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• USD/JPY Technical Analysis: Signs of Hope for JPY Bears?

  27-04-2016 19:55
  USD/JPY Has Moved Aggressively Higher Off LT Channel Support. After Price Struggled To Push Below Support, A Larger Reversal May Be Nigh.
  
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• World stocks, US dollar down as markets await Fed

  27-04-2016 19:48 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - Stocks on major markets rose slightly from session lows in early afternoon trading on Wednesday after disappointing earnings from Apple and Twitter late Tuesday, while the U.S. dollar weakened ahead of a policy announcement by the Federal Reserve and oil prices rose to 2016 highs. Twitter tumbled more than 15 percent after first-quarter revenue lagged expectations. Gains in Boston Scientific , Boeing and Mondelez helped limit the losses with Wall Street stock
  
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• As Valeant’s CEO Apologizes, the Rest of the Industry Keeps Hiking Drug Prices

  27-04-2016 19:46 via news.yahoo.com
  
  The outgoing CEO of embattled Valeant Pharmaceutical delivered a mea culpa to members of Congress on Wednesday morning, saying that he and his company had been “too aggressive” in acquiring drugs and shamelessly jacking up their prices at the expense of consumers, insurers and government health care agencies. “Let me state plainly that it was a mistake to pursue, and in hindsight I regret pursuing, transactions where a central premise was a planned increase in the prices of the
  
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• NZD/USD Risks Further Losses on Bets for Imminent RBNZ Rate-Cut

  27-04-2016 19:42
  NZD/USD may continue to give back the advance from earlier this year should the RBNZ keep the door open to implement additional rate-cuts over the coming months.
  
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• Anthem trumps Street 1Q forecasts, reaffirms 2016 guidance

  27-04-2016 19:34 via rocketnews.com
  FILE – In this Thursday, Feb. 5, 2015, file photo, the Anthem logo hangs at the health insurer’s corporate headquarters in Indianapolis. Anthem reports financial results on Wednesday, April 27, 2016. (AP Photo/Michael Conroy, File)MoreINDIANAPOLIS (AP) — Growing government business fueled Anthem in the first quarter, as earnings for the nation’s second-largest health insurer easily topped Wall Street expectations.
  The Blue Cross-Blue Shield insurer said Wednesday that ope
  
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• Wall Street off its lows 30 minutes before Fed decision

  27-04-2016 19:31 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange (NYSE) April 6, 2016. REUTERS/Brendan McDermidMoreBy Tanya Agrawal
  (Reuters) – U.S. stocks were off their lows 30 minutes before the Federal Reserve’s interest rates announcement on Wednesday, as Apple clawed back some of its steep losses.
  Apple’s <AAPL.O> shares were down 6.2 percent at $97.91, making it the biggest drag on the three major indexes. They had fallen as much as 8.3 percent after the company reported i
  
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• China’s Market News: Regulators Warn of Excessive Speculation in Commodities

  27-04-2016 18:49
  Iron ore price saw spikes over the past few days; as have other major commodities. What is driving this aggressive price action?
  
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• USD/CAD Technical Analysis: Will Yellen Stop or Strengthen CAD’s Run?

  27-04-2016 18:45
  The Canadian Dollar is higher against the US Dollar in April more than two times the second strongest currency. Will this strength hold?
  
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• Wall Street pares losses as investors await Fed decision

  27-04-2016 18:42 via news.yahoo.com
  
  U.S. stocks were off their lows in early afternoon trading on Wednesday as Apple pared some losses, ahead of a policy decision by the U.S. Federal Reserve. Apple's shares were down 5.7 percent at $98.44. No change in rates is expected but the Fed may signal its intention to tighten policy this year.
  
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• Comcast beats Street 1Q forecasts, adds subscribers

  27-04-2016 18:30 via rocketnews.com
  PHILADELPHIA (AP) — Comcast Corp. on Wednesday reported first-quarter earnings of $2.13 billion, surpassing Wall Street’s expectations with help from an increase in subscriber numbers.
  The company added 53,000 video subscribers during the quarter, appeasing fears about “cord-cutters” who get rid of cable subscription in favor of video streaming services like Netflix and Hulu. In all, Comcast added 269,000 subscribers during the quarter, up nearly 36 percent from the same
  
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• WTI Crude Oil Price Forecast: China Optimism Pushes Oil Past $45/bbl

  27-04-2016 18:25
  WTI Crude Oil (CFD: US Oil) Has Risen to levels previously thought unimaginable. However, there is a stirring in the market that shows bulls may need not worry.
  
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• Britain's FTSE rises after Glaxo boost

  27-04-2016 17:58
  * Tesco hit by broker comment(ADVISORY- Reuters plans to replace intra-day European and UK
  stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
  ...
  
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• Wall Street upgrades U.S. GDP view after trade data

  27-04-2016 17:54 via news.yahoo.com
  NEW YORK (Reuters) - Some of Wall Street's top firms on Wednesday raised their forecasts on the pace of U.S. economic growth in first quarter after the advance data on goods trade deficit shrank in March, posing a smaller drag on overall business activity.
  
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• Tech companies drag US stocks lower following Apple earnings

  27-04-2016 17:30 via rocketnews.com
  Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, April 27, 2016. Stocks indexes are mostly lower in early trading as weakness in the technology sector pulls the broader market lower. (AP Photo/Richard Drew)MoreNEW YORK (AP) — U.S. stocks are falling Wednesday morning trading as tech stocks post sharp declines following weak results from Apple and Twitter. Utility companies are rising as bond yields fall.
  KEEPING SCORE: The Dow Jones industrial average dippe
  
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• Apple drags Wall Street lower ahead of Fed decision

  27-04-2016 17:22 via news.yahoo.com
  
  Wall Street was dragged lower on Wednesday, ahead of a policy decision by the U.S. Federal Reserve, after Apple's first revenue decline in over a decade aroused worries about the health of corporate earnings. Apple's shares were down 7 percent at $96.93 and were set for their biggest one-day fall in more than two years. No change in rates is expected but the Fed may signal its intention to tighten policy this year.
  
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• UPDATE 1-Crunch time for Twitter as ad dollars remain elusive

  27-04-2016 17:11
  
  April 27 (Reuters) - Twitter Inc's race against the
  clock is intensifying.
  
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• US stocks slip as tech slumps following Apple earnings

  27-04-2016 16:24 via news.yahoo.com
  NEW YORK (AP) — U.S. stocks are slightly lower in Wednesday morning trading as tech stocks are hammered following weak results from Apple and Twitter. Energy companies continue to rise as the price of oil reached its highest price since November.
  
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• CORRECTED-Twitter seen fighting losing battle for users, ad dollars

  27-04-2016 16:20
  April 27 (Reuters) - Twitter Inc's race against the
  clock is intensifying.
  
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• The FOMC Tightrope is Set to Continue

  27-04-2016 16:03
  The word to watch for this afternoon is 'balance.' If the Fed transmits that they feel risks are balanced in the American economy, we may be nearer to a rate hike than many are expecting.
  
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• Apple drags Nasdaq lower; S&P, Dow little changed

  27-04-2016 16:00 via rocketnews.com
  Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York April 12, 2016. REUTERS/Lucas JacksonMoreBy Tanya Agrawal
  REUTERS – Nasdaq was lower at the open on Wednesday, dragged down by Apple, while the Dow and S&P 500 were little changed ahead of a policy decision by the U.S. Federal Reserve.
  Apple’s shares were down 7 percent at $97.09 after its first revenue decline in 13 years, while Twitter slumped 16 percent to $14.91 after its reven
  
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• UPDATE 1-Kinnevik's Global Fashion Group cut sparks Rocket Internet fall

  27-04-2016 15:59
  * Rocket shares fall 14.34 pct as cuts own GFG valuation(Adds details on fashion group valuation; market comparisons)
  
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• Britain's FTSE edges up after Glaxo boost

  27-04-2016 15:56
  * Tesco hit by broker comment(ADVISORY- Reuters plans to replace intra-day European and UK
  stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
  ...
  
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• UPDATE 2-Tire maker Goodyear's revenue falls short of estimate

  27-04-2016 15:31
  
  * Shares down 9.6 pct in early trading(Adds details, updates shares)
  
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• Oreo maker Mondelez's earnings jump on higher volumes, prices

  27-04-2016 15:26 via news.yahoo.com
  
  Volumes rose in some of its biggest markets such as North America and Asia Pacific, where it also raised prices. Total revenue, however, declined for the tenth straight quarter, hit by the strong dollar and as consumers increasingly avoid high-calorie or sugary food in favor of healthier food. Profit attributable to Mondelez rose 71 percent to $554 million, or 35 cents per share, in the first quarter ended March 31.
  
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• Twitter seen fighting losing battle for users, ad dollars

  27-04-2016 15:15
  
  April 27 (Reuters) - Twitter Inc's race against the
  clock is intensifying.
  
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• UPDATE 2-GlaxoSmithKline rebound gathering pace, says outgoing CEO

  27-04-2016 14:51
  
  * Shares up 2.7 pct at 1230 GMT(Adds more on CEO succession, analyst comment)
  
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• Pakistan stocks end higher; rupee weaker, o/n overnight rate up

  27-04-2016 14:48
  KARACHI, April 27 (Reuters) - Pakistani shares ended higher
  on Wednesday, helped by rising international crude prices and
  the corporate earnings season, dealers said.
  
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• EUR/USD Advance Vulnerable to Growing Dissent Within FOMC

  27-04-2016 14:35
  A greater dissent within the Federal Open Market Committee (FOMC) may drag on the near-term advance in EUR/USD as it boosts bets for a June rate-hike.
  
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• CAC 40 Channels Ahead of FOMC

  27-04-2016 14:20
  The CAC 40 is little changed this morning, trading up .19%, as international markets await todays FOMC rate decision.
  
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• Silver Prices Turned Higher, FOMC on Tap

  27-04-2016 13:57
  Yesterday, silver prices took a leap higher and breached the narrow range of $16.76 and $17.13, a range which had kept the price trapped in recent days.
  
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• UAE bank NBAD confident of 2016 earnings growth despite Q1 profit drop – CFO

  27-04-2016 13:52 via rocketnews.com
  ABU DHABI, April 27 (Reuters) – National Bank of Abu Dhabi (NBAD), the emirate’s largest lender by assets, is confident of its ability to deliver single-digit earnings growth in 2016, said the bank’s chief financial officer on Wednesday.
  James Burdett was speaking on a media conference call after the bank posted a 10.7 percent fall in first-quarter net profit as revenues dropped and impairment charges for bad loans rose.
  Chief Executive Alex Thursby had said in January that the
  
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• Carlyle first-quarter earnings beat forecasts

  27-04-2016 13:48 via rocketnews.com
  A general view of the lobby outside of the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan ErnstMoreNEW YORK (Reuters) – Private equity firm Carlyle Group LP <CG.O> posted better-than-expected first-quarter earnings on Wednesday as gains in its buyout and real estate investments offset losses in other areas including the energy market.
  Carlyle earned an economic net income (ENI) of $89 million before taxes, down 68 percent compared with a year earlier but still bea
  
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• US pre-open: Stocks seen lower after Apple results, ahead of Fed

  27-04-2016 12:57 via news.yahoo.com
  (ShareCast News) - US futures pointed to a weaker open on Wall Street on Wednesday, with the tech-heavy Nasdaq under the cosh following disappointing results from Apple, as investors looked to the Federal ...
  
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• Britain's FTSE steady, with mixed bank results in focus

  27-04-2016 12:57
  * Barclays gains, with traders encouraged by results(ADVISORY- Reuters plans to replace intra-day European and UK
  stock market reports with a Live Markets blog on Eikon - see...
  
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• UPDATE 1-Munich Re's CEO warns of drop in first-quarter profits

  27-04-2016 12:49
  * Share price 4 percent lower, biggest Dax index decliner(Adds CEO and analyst quotes, context, shares)
  
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• Hilton's profit more than doubles on tax boost, higher rates

  27-04-2016 12:40 via news.yahoo.com
  
  The company's earnings per share and revenue also handily beat Wall Street's estimates. The company, which said in February it would spin off most of its assets into a real estate investment trust, reiterated its forecast for full-year earnings and revenue per available room (RevPAR). Hilton said it expected 2016 RevPAR to increase by 3-5 percent, excluding the impact of exchange rates, and forecast earnings of 92 cents to 98 cents per share.
  
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• Investment group Kinnevik cuts value of its assets in first quarter

  27-04-2016 12:38
  STOCKHOLM, April 27 (Reuters) - Sweden's Kinnevik
  , a major investor in digital consumer businesses,
  said a big drop in the value of its biggest unlisted holding,
  Global Fashion Group (GFG), had...
  
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• Four Reasons Apple's Earnings Miss Is Such a Big Deal

  27-04-2016 12:15 via news.yahoo.com
  
  Apple was down more than 8 percent in after-hours trading on those earnings that came in at $1.90 per share (vs. $1.97 expected), an 18.5 percent decline from last year. As the U.S. market's single biggest stock by market cap, the Apple result is bad news for a few reasons. Fourth, by virtue of its market capitalization, Apple has an outsized influence on the major stock averages (mainly, the S&P 500 and the Nasdaq Composite) and thus will drag down overall S&P 500 earnings growth for th
  
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• Changes in trading hours concerning CFD_RU, EURRUB and USDRUB pairs

  27-04-2016 12:00 via liteforex.com
  
  LiteForex's News: Dear clients,Please be aware that due to the official holidays in Russia the Moscow exchange will not operate and CFD_RU (contracts for difference in the value of the most important Russian shares), USDRUB, and EURRUB instruments won't be traded on the following dates:2 May 2016 3 May 2016 9 May 2016Please consider this information when making trading decisions. Best regards, LiteForex ...
  
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• DAX 30: Corrective Phase or the Beginning of a Downturn?

  27-04-2016 11:59
  The price maintained its short-term downtrend, which has been in place since last week following a rise to 10,490.
  
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