Analyst news

• Volkswagen promises U.S. dealers restitution within a month: WSJ

  17-07-2016 22:49 via news.yahoo.com
  
  (Reuters) - Volkswagen AG executives in the United States have promised restitution within a month for American franchise dealers damaged by the carmaker's diesel scandal, the Wall Street Journal reported on Sunday, citing dealers. A senior American executive from Volkswagen made the pledge at a meeting on Friday with over 150 dealers from the northeast at a hotel in New Jersey, the WSJ said, citing dealers that met with the company.
  
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• BUZZ-Saudi's Almarai climbs on Q2 earnings beat

  17-07-2016 09:51 via news.yahoo.com
  ** Shares in Saudi Arabian dairy firm Almarai climb 2.7 percent to 57.75 riyals in unusually heavy trade ** Testing major technical resistance at 58.50 riyals (peaks in March and April) ** Company reported second-quarter net profit of 628.8 million riyals ($167.7 million), up 18.6 percent year-on-year and exceeding analysts' average forecast of 530.3 million riyals ** Of 17 analysts covering the stock, 13 have "hold" rating, two "buy", one "sell" and one "strong sell", according to Thomson Reute
  
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• GST, corporate results hold key to velocity of Indian equities

  17-07-2016 06:34 via news.yahoo.com
  Mumbai, July 17 (IANS) Despite the volatility and mixed first quarter results from some big corporate entities, key Indian stock market indices ended higher during the trading week that ended on July 15. Future directions, however, will depend on a host of issues, notably the way the monsoon session of parliament deals with key economic bills, analysts maintain. The two key indices -- the sensitive index (Sensex) of the BSE and the Nifty of the National Stock Exchange (NSE) -- gained 2.6 per cen
  
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