Analyst news

• Facebook trounces Wall Street estimates with sharp ad sales growth

  27-07-2016 23:19 via news.yahoo.com
  
  Facebook Inc's quarterly profit and revenue blew past Wall Street estimates on Wednesday, sending its shares to a record high, as the social media company's popular mobile app and push into video attracted new advertisers and encouraged existing ones to spend more. Facebook shares rose 6.5 percent in after-hours trading to $131.40, their highest since the company went public in 2012. Total advertising revenue surged 63 percent to $6.24 billion, beating the average analyst estimate of $5.80 billi
  
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• Facebook beats 2Q forecasts, user numbers grow, stock soars

  27-07-2016 23:18 via news.yahoo.com
  
  NEW YORK (AP) — Facebook's stock is trading higher after the world's biggest social media company handily surpassed Wall Street's expectations for the second quarter, barreling ahead on mobile advertisements, user growth and the next frontier — video.
  
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• USD/CAD Stalls Before Getting Out of the Driveway

  27-07-2016 23:15
  USD/CAD has broken the range but can't follow through higher. There is a confluence of resistance near 1.3304-1.3381 that will make it challenging for further gains.
  
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• Facebook trumps estimates on blistering ad sales growth

  27-07-2016 22:35
  (Reuters) – Facebook Inc’s quarterly profit and revenue blew past Wall Street estimates as the company’s hugely popular mobile app and a push into video attracted new advertisers and encouraged existing ones to spend more.
  Facebook shares rose 6.7 percent in after hours trading on Wednesday.
  Mobile advertising revenue accounted for 84 percent of the company’s total advertising revenue, compared with 76 percent a year earlier.
  Total advertising revenue surged 63 percent to
  
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• Wall St. ends lower after Fed keeps rates unchanged

  27-07-2016 22:33 via news.yahoo.com
  
  Wall Street ended lower on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a possible rate increase later this year. The Fed had not been expected to move interest rates at its two-day meeting, ended on Wednesday, but investors have been anxious for hints about when an increase might come in light of concerns about fallout from Britain's vote in June to leave the European Union. "A rate increase is warranted this year, most likely at the end of the year,
  
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• USD/JPY Technical Analysis: Bulls Still Haven’t Broken Resistance

  27-07-2016 22:04
  The next 24-36 hours may see some volatile price swings for USD/JPY. Tuesday's break above 105.42 creates overlap with the July 21 low and allows for a medium term bullish bias.
  
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• UniCredit to ask authorities to investigate possible market abuse

  27-07-2016 21:40 via news.yahoo.com
  
  UniCredit will ask authorities to investigate possible market abuse in relation to media reports over its upcoming strategic review, which on Wednesday affected its share price and that of two of its units, the Italian bank said in a statement. UniCredit said that, if necessary, it would "pursue other available means to ensure that its rights and reputation are protected." The bank said its shares and those of its units FinecoBank and Bank Pekao had experienced "unusual ... price movements." Sha
  
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• WTI Crude Oil Price Rebounds as FOMC Keeps Rates Flat

  27-07-2016 21:00
  The price of WTI Crude Oil has temporarily found support after the FOMC keeps rates flat at 0.50%.
  
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• AUD/USD Drops on Optimistic July FOMC Statement

  27-07-2016 21:00
  The Federal Reserve held rates steady at its July meeting but mentioned a strong labor market and improved growth conditions, lending immediate strength to the dollar.
  
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• Wall Street recovers after Fed keeps rates steady

  27-07-2016 20:29 via news.yahoo.com
  
  Wall Street cut losses on Wednesday after Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed had not been expected to move interest rates at its two-day meeting but investors have been anxious for hints about when a hike might come following concerns about potential fallout from Britain's vote in June to leave the European Union. "It sounded a reasonably upbeat tone, not a big difference from last time, but a reasona
  
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• Wall St. recovers after Fed keeps rates steady

  27-07-2016 20:28 via news.yahoo.com
  
  (Reuters) - Wall Street cut losses on Wednesday after Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year.
  
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• US stock indexes slip; Apple jumps on strong earnings

  27-07-2016 20:16 via news.yahoo.com
  
  NEW YORK (AP) — Stocks were moving slightly lower in afternoon trading Wednesday as gains in technology stocks like Apple were offset by declines in consumer staples makers including Coca-Cola. Energy companies fell along with the price of crude oil. Investors are also working through the Federal Reserve's latest policy statement. The Fed didn't make any changes to interest rates but left the door open for increases later this year.
  
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• China’s Market News: Chinese Equities Plunge on Fear of Tightened Wealth Management Rules

  27-07-2016 19:39
  While Yuan rates steadied, Chinese equities plunged on Wednesday.
  
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• As Wall Street hits highs, some investors await transport catch-up

  27-07-2016 19:13 via news.yahoo.com
  With the Dow industrials and S&P 500 indexes setting new all-time records in the past month, some investors are waiting for a key group of transportation stocks to hit fresh highs as well before becoming more confident the rally will keep chugging along. Long seen as a barometer of the U.S. economy, the Dow Jones transport average is closely watched as part of the "Dow Theory," which tracks performance of both the industrials and the transports to confirm major trends in the stock market. Th
  
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• AUD/NZD Correction Underway Ahead of RBA- Look to Buy the Dip

  27-07-2016 19:04
  Failure to hold above the 2016 open has AUDNZD on the defensive ahead of the RBA rate decision next week. Here are the updated targets & invalidation levels that matter.
  
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• Will The EUR/CHF Seek The Upper Line Of Its Yearly Channel?

  27-07-2016 19:00
  Second best trading day for EUR against CHF in July. EUR/CHF trading within consolidation levels. Long-term Ascending Channel prevails.
  
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• European shares rise helped by good earnings; Deutsche Bank slips

  27-07-2016 18:56 via news.yahoo.com
  European shares rose on Wednesday with the market underpinned by well-received earning updates from companies including Peugeot and LVMH, while Deutsche Bank fell after a poor update. The pan-European ...
  
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• Wall Street gives up gains as Coke, weak oil drag

  27-07-2016 17:38 via news.yahoo.com
  
  Wall Street gave up early gains after disappointing earnings from Coca-Cola and weak oil prices offset a boost from Apple. Coke's revenue miss and forecast cut sent its stock down 3.4 percent, making it the biggest drag on the S&P and the Dow. Investors are also awaiting the U.S. Federal Reserve's decision on interest rate hikes later in the day.
  
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• Resource shares, earnings beats lead TSX higher

  27-07-2016 16:38 via news.yahoo.com
  
  TORONTO (Reuters) - Canada's main stock index rose on Wednesday as gold miners and other resource issues gained and investors bought shares of companies that reported stronger-than-expected results. The most influential gainers included grocery chain Loblaw Cos Ltd , which rose 3.4 percent to C$73.28, and technology company CGI Group Inc , which advanced 3.5 percent to C$60.86, after both beat earnings expectations. But Toronto Star publisher Torstar Corp fell 3.6 percent to C$1.60 after reporti
  
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• Global stocks jump on Tokyo stimulus, UK growth

  27-07-2016 16:19 via news.yahoo.com
  
  Global shares mostly rallied Wednesday after Tokyo launched a massive stimulus package with sentiment also cheered by accelerating economic growth in Britain and upbeat company results. Awaiting the US Federal Reserve's interest rate decision later, Wall Street won an opening boost from Apple, whose third-quarter earnings topped expectations. London stocks drove 0.7 percent higher as data showed the British economy grew by 0.6 percent in the second quarter, after 0.4 percent expansion in the pre
  
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• Apple powers Wall Street; all eyes on Fed

  27-07-2016 15:56 via news.yahoo.com
  
  Wall Street was trading higher on Wednesday morning, bolstered by strong results from Apple, and ahead of the Federal Reserve's decision on interest rate hikes. Apple shares soared 7.4 percent to $104.47 after the company sold more iPhones than expected in the third-quarter and gave an upbeat current-quarter forecast. The stock boosted all three major indexes and helped the S&P 500's information technology index rise 1.1 percent, outpacing the other 10 major sectors.
  
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• The CAC 40 Breaks Higher Ending Consolidation

  27-07-2016 15:35
  The CAC 40 is Trading Up +1.65% and Testing Resistance at 4,458.
  
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• Wall Street opens higher on Apple earnings, Fed eyed

  27-07-2016 15:33 via news.yahoo.com
  
  REUTERS - U.S. stocks opened higher on Wednesday, bolstered by strong results from Apple, and ahead of the Federal Reserve's decision on interest rate hikes. The Dow Jones industrial average was up 58.41 points, or 0.32 percent, at 18,532.16, the S&P 500 was up 5.79 points, or 0.27 percent, at 2,174.97 and the Nasdaq composite was up 33.57 points, or 0.66 percent, at 5,143.62. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D'Silva)
  
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• Analytical review of the stocks of United Technologies Corporation for 27.07.2016

  27-07-2016 15:15 via liteforex.com
  Forex analytics: United Technologies Corporation, #UTX [NYSE] Industrial goods Spacecrafts, USA Financial performance of the company: Index – DJIA, S&P 500; Beta – 1.15;Capitalization – 80.39 В; Return on asset – 12.90%;Income - 7.60 B; Average volume – 7.48 М;P/E - 22.58; ATR – 2.50. Analytical review: The company ranks the fourth on capitalization in the sector of ...
  
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• Preview for July FOMC Meeting and Outlook for US Dollar

  27-07-2016 15:10
  The FOMC meets later today - let's see what they have to say about hiking rates this year.
  
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• Saudi's SABIC extends earnings slump as Q2 net profit falls 23.2 pct

  27-07-2016 15:08 via news.yahoo.com
  Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, reported a 23.2 percent drop in second-quarter net profit on Wednesday, extending a earnings slump as lower sales prices continued to weigh. SABIC made a net profit of 4.74 billion riyals ($1.26 billion) in the three months to June 30, down from 6.17 billion riyals in the year-earlier period, the company said in a bourse statement. SABIC, which is 70 percent state-owned, attributed the profit fall to lower ave
  
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• Gold, Stocks and USD are Primed for FOMC

  27-07-2016 15:02
  The biggest driver in global markets this year has been expectations around Central Bank policy. And now with U.S. stock prices sitting hear all-time-highs, the question is whether the Fed will continue to feed equity markets with even more dovishness, or whether they'll talk up the prospect of 'normalization,' again.
  
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• EUR/USD Risks Larger Recovery on Wait-and-See FOMC

  27-07-2016 14:55
  EUR/USD may mount a larger rebound over the coming days should the Federal Open Market Committee (FOMC) endorse a wait-and-see approach for monetary policy.
  
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• UAE bank NBAD expects low single-digit revenue, earnings growth in 2016

  27-07-2016 14:49 via news.yahoo.com
  National Bank of Abu Dhabi , the emirate's largest lender by assets, expects low single-digit revenue and earnings growth for 2016, Chief Financial Officer James Burdett said on a conference call on Wednesday. NBAD Chief Executive Alex Thursby said on the same call he would not be part of the leadership of the bank created after the merger of NBAD and rival First Gulf Bank (FGB). Merging NBAD and FGB, as recommended by the boards of the two lenders, would create one of the largest banks by asset
  
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• S&P 500: Looking to the FOMC to Spring It Free

  27-07-2016 14:16
  Can the FOMC outcome today finally break the recent trading range?
  
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• EUR/USD: the pair is at the level of 1.1000. Technical analysis for 27/07/2016

  27-07-2016 14:06 via liteforex.com
  Forex analytics: Review and dynamics In anticipation of the important decisions, activity in the financial markets has been decreasing since the beginning of European session. The pair EUR/USD went back up to the level of 1.1000 and is now at the lower limit of the ascending channel on the weekly chart, which is close to the level of 1.0970. Our opinion On the weekly chart the indicators OsMA and Stochastic ...
  
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• European stocks rise, Asia lifted by Japan stimulus

  27-07-2016 13:45 via news.yahoo.com
  By Nigel Stephenson LONDON (Reuters) - Stocks rose in Europe and Asia on Wednesday while the yen sank against the dollar, after Prime Minister Shinzo Abe said his government would present a $265 billion stimulus package to reflate the Japanese economy. It was unclear how much would be spent to boost growth directly but analysts said the package put pressure on the Bank of Japan, meeting on Friday, to take steps to ease monetary policy. Wall Street looked set to open higher, with Dow Jones and S&
  
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• EUR/USD: Interest rate decision by the US Fed. Fundamental analysis for 27.07.2016

  27-07-2016 13:37 via liteforex.com
  Forex analytics: Since the opening of today’s session the pair EUR/USD has slightly grown reaching the level of 1.1000 due to the positive German and Italian macro-economic statistics. It became known that German consumer confidence index was at the level of 10.0 in August (against the forecast of 9.9 and 10.1 in July). Italian consumer price index in July is at the level of 111.3 (against the forecast of 109.2 ...
  
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• FOREX-Yen hit by scale of fiscal plan, new bond issue talk

  27-07-2016 13:34 via news.yahoo.com
  Signs of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on Wednesday, as investors bet the Bank of Japan (BOJ) would match that with a new bout of money-printing aimed at weakening its currency. Yen volatility has neared record highs in the past month on speculation, repeatedly denied by officials, that the BOJ will take the next step in eight years of emergency policymaking by handing money directly to the government with no strings attached.
  
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• Comcast profit drops on film sales, beats Wall Street estimates

  27-07-2016 13:13 via news.yahoo.com
  
  By Malathi Nayak NEW YORK (Reuters) - Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. The largest U.S. cable operator posted total revenue of $19.27 billion in the quarter ended June 30, up 2.8 percent from a year ago and slightly surpassing analysts' consensus estimate of $18.99 billion, according to Thomson Reuters I/B/E/
  
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• DAX: Upon a Busy Intersection, How it Reacts Could Be Important Long-term

  27-07-2016 12:53
  In the short-term the DAX faces pretty stiff resistance, but long-term developments could lead to much higher prices.
  
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• UPDATE 2-Air France-KLM says attacks hitting revenue

  27-07-2016 11:52
  
  * Shares rise after Q2 earnings beat expectations(Adds shares, CFO comments, analyst comment)
  
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• USD/JPY: The pair is at the resistance levels of 105.60 and 106.50. Technical analysis for 27.07.2016

  27-07-2016 11:28 via liteforex.com
  Forex analytics: Review and dynamics After the statements made of Japanese Prime Minister Mr. Shinzo Abe' about introduction of the new economic stimulus program for 28 trillion yen, the Yen fell sharply in the market, while the pair USD/JPY soared up to 106.50. However, later the pair fell and at the beginning of the European session was at the resistance level of 105.60 (ЕМА50 on the daily chart and ...
  
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• UPDATE 2-Deutsche Bank CEO warns of deeper cuts after quarterly revenue drop

  27-07-2016 11:26
  
  * Shares fall 4.2 percent, biggest DAX decliner(Adds CEO, CFO, analyst comments)
  
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• UPDATE 2-Airbus Group takes $1.5 bln hit for troop plane, A350 problems

  27-07-2016 11:18
  
  * Shares up 4 percent as group keeps full-year targets(Recasts after analysts' call, adds quotes, shares)
  
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• GBP/USD Slightly Lower After UK’s 2Q GDP Figures Beat Expectations

  27-07-2016 11:15
  The British Pound traded lower versus other majors after today’s 2Q’16 GDP figures as Pre-Brexit data continues to be brushed off
  
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• FTSE hits highest in nearly a year, ITV soars

  27-07-2016 11:13
  
  LONDON, July 27 (Reuters) - Britain's top share index
  climbed to its highest level in nearly a year on Wednesday, led
  higher by miners, with ITV soaring after a well-received
  trading update.
  
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• UPDATE 2-ITV says better prepared to cope with any Brexit slowdown

  27-07-2016 11:05
  
  LONDON, July 27 (Reuters) - British broadcaster ITVsaid it was on a much stronger footing to cope with economic
  uncertainty sparked by last month's vote to leave the EU, as
  advertisers return to...
  
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• Analytical review of the currency pair AUD/USD for 27.07.2016

  27-07-2016 10:41 via liteforex.com
  Forex analytics: Technical data of the currency pair:Previous closing: 0.7503; Daily range: 0.7459-0.7565;Opening: 0.7503; 52- week range: 0.6824-0.7836;Annual revenue: +3.32%; Change in % for the previous day: +0.43.Analytical review:​Since the mid-July the AUD went up by 150 points against the USD. In the past few sessions the AUD is traded in the range of ...
  
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• Peugeot posts record earnings despite sales dip

  27-07-2016 10:38 via news.yahoo.com
  
  By Laurence Frost and Gilles Guillaume PARIS (Reuters) - French automaker PSA Group shrugged off a drop in Chinese sales and an ageing lineup to deliver record first-half profit, as Chief Executive Carlos Tavares made progress on his turnaround plan for the maker of Peugeot, Citroen and DS cars. "This was a very strong result, and Tavares continues to make significant headway in transforming the company," said Evercore ISI analyst Arndt Ellinghorst, who has a "sell" rating on the stock.
  
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• FOREX-Yen hit by scale of reported fiscal plan, new bond talk

  27-07-2016 10:31 via news.yahoo.com
  Reports of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on Wednesday, as investors bet the Bank of Japan (BOJ) would match that with a new bout of money-printing aimed at weakening its currency. The yen has been buffeted by speculation, repeatedly denied by officials, that the BOJ will take the next step in eight years of emergency policymaking globally by handing money directly to the government with no strings attached. The latest volley in
  
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• UPDATE 1-Peugeot posts record earnings despite sales dip

  27-07-2016 10:29
  
  * Pledges extra 200 mln euros of savings(Adds company, analyst comments, detail, background)
  
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• USD/JPY: The Yen is under pressure. Fundamental analysis for 27.07.2016

  27-07-2016 10:21 via liteforex.com
  Forex analytics: After the press about the plan of the Japanese Prime-Minister to launch economic stimulus program for 28 trillion yen on 2 August, the pair USD/JPY soared up to the level of 106.50. Japanese stock index Nikkei Stock Average rose by 1.7% up to 16664.00 points at the end of the Asian session. This is going to be one of the most extensive measures to stimulate economy of the country over three and ...
  
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• FTSE 100 Technical Analysis: Ascending Wedge Nearly Complete

  27-07-2016 10:19
  The FTSE remains choppy, but a short-term ascending wedge could help determine direction soon.
  
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• UPDATE 1-Tullow returns to profit as cost cuts, hedging pay off

  27-07-2016 10:15
  
  * Shares open up more than 4 pct(Adds detail, background, CEO, CFO and analyst comments,
  shares)
  
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