Analyst news

• US stocks rebound on strong company earnings; oil rises

  18-10-2016 23:08 via news.yahoo.com
  
  Surprisingly strong earnings from Netflix, UnitedHealth Group and other companies put investors in a buying mood Tuesday, driving U.S. stocks solidly higher.
  
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• Global stocks gain on corporate results, rising commodities

  18-10-2016 22:34 via news.yahoo.com
  
  By Dion Rabouin and Herbert Lash NEW YORK (Reuters) - A gauge of global equity markets climbed to a one-week high on Tuesday, lifted by rising commodity prices and a strong bounce in Europe, while solid corporate earnings helped drive share prices higher. Wall Street rose after a raft of stronger-than-expected results from UnitedHealth Group Inc , Netflix Inc and Goldman Sachs Group Inc , among others. UnitedHealth gained 6.9 percent, Netflix soared 19 percent and Goldman Sachs rose 2.2 percent.
  
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• GLOBAL MARKETS-Stocks gain on corporate results, rising commodities

  18-10-2016 22:29 via news.yahoo.com
  
  NEW YORK, Oct (HKSE: 3366-OL.HK - news) 18 (Reuters) - A gauge of global equity markets climbed to a one-week high on Tuesday, lifted by rising commodity prices and a strong bounce in Europe, while solid corporate earnings helped drive share prices higher. Wall Street rose after a raft of stronger-than-expected results from UnitedHealth Group Inc, Netflix Inc and Goldman Sachs Group Inc, among others.
  
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• Wall Street climbs on earnings improvement

  18-10-2016 22:23 via news.yahoo.com
  
  By Chuck Mikolajczak NEW YORK (Reuters) - Wall Street advanced on Tuesday to give the S&P 500 its best day this month on the heels of solid earnings reports from names such as UnitedHealth and Netflix that put corporate profits on track to snap a four-quarter streak of declines. Of the 52 S&P 500 companies that have reported results to date for the third quarter, 81 percent have reported earnings that topped average analyst estimates, according to Thomson Reuters I/B/E/S. Third-quarter e
  
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• Wall St. climbs on earnings improvement

  18-10-2016 22:19 via news.yahoo.com
  
  NEW YORK (Reuters) - Wall Street advanced on Tuesday to give the S&P 500 its best day this month on the heels of solid earnings reports from names such as UnitedHealth and Netflix that put corporate profits on track to snap a four-quarter streak of declines.
  
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• US STOCKS-Wall St climbs on earnings improvement

  18-10-2016 22:17 via news.yahoo.com
  
  Wall Street advanced on Tuesday to give the S&P 500 its best day this month on the heels of solid earnings reports from names such as UnitedHealth and Netflix that put corporate profits on track to snap ...
  
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• GLOBAL MARKETS-Stocks rise on corporate results, rising commodities

  18-10-2016 21:09 via news.yahoo.com
  
  NEW YORK, Oct (HKSE: 3366-OL.HK - news) 18 (Reuters) - A gauge of global equity markets climbed to a one-week high on Tuesday, lifted by rising commodity prices and a strong bounce in Europe, while solid corporate earnings helped drive share prices higher. Wall Street rose after a raft of stronger-than-expected results from UnitedHealth Group Inc, Netflix Inc and Goldman Sachs Group Inc, among others.
  
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• US STOCKS-Wall St rallies on earnings optimism

  18-10-2016 20:54 via news.yahoo.com
  
  Wall Street rallied on Tuesday in the wake of a host of solid earnings reports that put corporate profits on track to snap a four-quarter streak of declines. Of the 52 S&P 500 companies that have reported ...
  
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• China’s Market News: Yuan Faces Pressure from Currency Basket Re-Balancing

  18-10-2016 20:37
  Despite losses against the U.S. Dollar, the Yuan has gained more than +0.6% to a basket of currencies over the past week.
  
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• US stocks up in afternoon trading on strong company earnings

  18-10-2016 20:36 via news.yahoo.com
  
  Solid earnings from Netflix, UnitedHealth Group and other companies helped lift U.S. stocks in afternoon trading Tuesday. Health care, technology and utilities companies were among the big gainers. The ...
  
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• DiCaprio foundation would return gifts if from Malaysian fund in probe

  18-10-2016 20:34 via news.yahoo.com
  
  Oscar-winner Leonardo DiCaprio's charitable foundation would return gifts or donations made to him or his ventures if they were found to have come from Malaysian wealth fund 1MDB, which is being investigated on money laundering allegations, his representatives said on Tuesday. In his first comment on the multinational probe into the fund, DiCaprio said he was cooperating with U.S. authorities to determine if money had come from questionable sources, according to the statement. In July a Hollywoo
  
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• Equities trading stings Wall Street banks as investors embrace bonds

  18-10-2016 20:32 via news.yahoo.com
  
  In earnings reports over the past several days, Bank of America and Citigroup saw massive slides in equities trading revenue, while Goldman Sachs Group Inc and JPMorgan Chase & Co posted small increases. The downturn appears to be a short-term blip related to market conditions and is unlikely to affect business strategies, analysts said. Banks have invested in equities trading, even though it has relatively slim profit margins, because new capital requirements are generally more lenient on e
  
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• Wall Street rallies as S&P seen snapping earnings decline

  18-10-2016 20:17 via news.yahoo.com
  
  Wall Street rallied on Tuesday, following a slew of market-beating results from marquee companies that led to the possibility that Corporate America could snap a four-quarter streak of declining profits. Of the 52 S&P 500 companies that have reported results to date for the third quarter, 81 percent have reported earnings that have topped analysts average estimate, according to Thomson Reuters I/B/E/S. Now analysts estimate earnings at S&P 500 companies rose 0.2 percent in the quarter, c
  
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• USD/CAD at Risk for Further Losses on Wait-and-See BoC

  18-10-2016 19:14
  USDCAD has broken back below the monthly open, leaving the pair vulnerable ahead of the BoC tomorrow. Here are the updated targets & invalidation levels that matter.
  
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• Wall St. rallies as S&P seen snapping earnings decline

  18-10-2016 19:08 via news.yahoo.com
  
  Of the 52 S&P 500 companies that have reported results to date for the third quarter, 81 percent have reported earnings that have topped analysts average estimate, according to Thomson Reuters I/B/E/S. Now analysts estimate earnings at S&P 500 companies rose 0.2 percent in the quarter, compared with their estimate of a 0.7 percent drop at the start of the earnings season. Analysts also expect the latest third quarter will be the first since 2014 in which both earnings and revenue of S&am
  
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• Oil Price Supported by Volatile Dollar, Gold Price at 1-Week High

  18-10-2016 18:50
  Gold prices are moving higher toward $1,260/oz., and LT charts are showing the makings of a breakout. Oil prices continue sideways above support, which may precede a breakout.
  
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• S&P 500 earnings now expected to show growth for third quarter

  18-10-2016 18:28 via news.yahoo.com
  
  S&P 500 earnings are now expected have increased slightly in the third quarter, reversing forecasts for another quarter of profit declines, Thomson Reuters data shows. The improvement in earnings projections follows mostly stronger-than-expected results from Bank of America and other financials, though reports so far are in from just 52 of the S&P 500 companies. Based on those results and estimates for the rest of the companies as of Tuesday, S&P 500 earnings are projected to have in
  
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• GBP/USD Advance Reaches Critical Resistance

  18-10-2016 18:15
  The GBP/USD has traded higher intraday, and is now testing resistance near current daily highs.
  
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• DiCaprio says he's cooperating with DOJ in Malaysian scandal

  18-10-2016 18:07 via news.yahoo.com
  
  LOS ANGELES (AP) — Leonardo DiCaprio says he is awaiting direction from the U.S. Justice Department regarding any ill-gotten funds that may have supported his environmental foundation or 2013 film "The Wolf of Wall Street."
  
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• US stocks rise in midday trading on strong company earnings

  18-10-2016 17:44 via news.yahoo.com
  
  U.S. stocks moved broadly higher in morning trading Tuesday as investors welcomed strong earnings reports from Netflix, UnitedHealth Group and other companies. Health care, technology and materials companies ...
  
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• 7 Big Risks That Could Derail the Stock Market’s Rally

  18-10-2016 17:40 via news.yahoo.com
  
  The big news in recent weeks has been the weakness hitting long-term U.S. Treasury bonds, which in turn, is pushing up long-term interest rates. A strong debate performance this week, or further revelations about Clinton’s emails or those of her campaign staff, could force the market to reevaluate Trump’s chances.
  
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• Wall Street rallies as strong earnings reports boost optimism

  18-10-2016 17:35 via news.yahoo.com
  
  The S&P and the Nasdaq were on track for their best day this month on Tuesday as a slew of market-beating results from marquee companies boosted optimism about Corporate America's health. The spotlight was on the healthcare sector, which rose 1.04 percent, the most in more than one month, after UnitedHealth's upbeat forecast. UnitedHealth rose 6.3 percent and boosted its fellow health insurers.
  
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• Wall St. rallies as strong earnings reports boost optimism

  18-10-2016 17:35 via news.yahoo.com
  
  The spotlight was on the healthcare sector , which rose 1.04 percent, the most in more than one month, after UnitedHealth's upbeat forecast. UnitedHealth rose 6.3 percent and boosted its fellow health insurers. Netflix , which dragged on the market on Monday ahead of its results, was the biggest gainer on the S&P 500 on Tuesday, rising nearly 19 percent after posting much higher-than-expected subscriber growth.
  
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• UnitedHealth sees more growth in 2017 when it exits Obamacare

  18-10-2016 17:25 via news.yahoo.com
  
  The company said losses in that business were within expectations in the third quarter, news that boosted the recently weak shares of competitors like Anthem Inc , which plan to stay in those markets next year. Shares of UnitedHealth, which beat Wall Street third-quarter earnings estimates, raised its full-year outlook and signaled 2017 earnings could also top analyst expectations, surged over 7 percent. Earlier this year UnitedHealth said it would pull out of most of the individual insurance bu
  
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• Goldman Sachs profit soars on bond trading and curtailed costs

  18-10-2016 17:12 via news.yahoo.com
  
  Goldman Sachs Group Inc reported a 58 percent jump in third-quarter profit on Tuesday as bond trading rebounded and the Wall Street bank managed to keep a lid on expenses. Goldman reported nearly $2 billion (1.63 billion pounds) in revenue from trading fixed income, currency and commodities, making it the biggest contributor to overall revenue. Strong bond issuance and better conditions in credit and mortgage markets helped the bottom line, Chief Financial Officer Harvey Schwartz said on a confe
  
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• Bump in commodity shares, solid earnings lift world stocks

  18-10-2016 16:56 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - A gauge of major equity markets around the globe rose to a one-week high on Tuesday as rising commodity prices and solid earnings reports helped pull shares in Asia, Europe, and the United States higher. "The markets are expecting an inflection point as we move from the third to the fourth quarter, and so what they will be parsing in management guidance is for a view that earnings turn positive in the fourth quarter," said David Donabedian, chief investment o
  
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• Bump in commodity shares, solid earnings lift stocks

  18-10-2016 16:56 via news.yahoo.com
  
  By Dion Rabouin NEW YORK (Reuters) - A gauge of major equity markets around the globe rose to a one-week high on Tuesday as rising commodity prices and solid earnings reports helped pull shares in Asia, Europe, and the United States higher. "The markets are expecting an inflection point as we move from the third to the fourth quarter, and so what they will be parsing in management guidance is for a view that earnings turn positive in the fourth quarter," said David Donabedian, chief investment o
  
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• GLOBAL MARKETS-Bump in commodity shares, solid earnings lift stocks

  18-10-2016 16:54 via news.yahoo.com
  
  NEW YORK, Oct (HKSE: 3366-OL.HK - news) 18 (Reuters) - A gauge of major equity markets around the globe rose to a one-week high on Tuesday as rising commodity prices and solid earnings reports helped pull shares in Asia, Europe, and the United States higher. Wall Street stocks rose, led by a slew of stronger-than-expected quarterly reports, including those from Netflix (Xetra: 552484 - news) and UnitedHealth. The STOXX Europe 600 Basic Resources (Frankfurt: W8Z.F - news) index was the top sector
  
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• Wall Street rallies on strong corporate earnings reports

  18-10-2016 16:49 via news.yahoo.com
  
  Wall Street rallied broadly on Tuesday, as a slew of better-than-expected quarterly reports, including those from Netflix and UnitedHealth, buoyed investor sentiment. All of the 11 major S&P 500 sectors were higher, led by an 1.13 percent rise in the healthcare index. UnitedHealth rose 6 percent after the health insurer said it expect the strong growth seen in 2016 to continue into 2017.
  
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• USD/JPY Outlook Hinges on Fed Rhetoric; 104.20 Hurdle Remains Intact

  18-10-2016 16:45
  Fresh rhetoric from Fed officials may keep USD/JPY afloat over the coming days as the central bank appears to be following a similar path to 2015.
  
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• US stocks climb in early trading on strong company earnings

  18-10-2016 16:23 via news.yahoo.com
  
  U.S. stocks moved higher in early trading Tuesday as investors welcomed strong earnings reports from Netflix, UnitedHealth Group and other companies. Health care, financial and consumer-focused companies were among the big gainers, while telecom and utilities stocks lagged the market.
  
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• Goldman Sachs profit beats expectations on bond-trading surge

  18-10-2016 16:10 via rocketnews.com
  
  By Olivia Oran and Sruthi Shankar
  (Reuters) – Goldman Sachs Group Inc reported much bigger profits on Tuesday than Wall Street had been expecting, helped by a substantial rebound in bond trading.
  Goldman, the fifth-largest U.S. bank by assets, has historically been more reliant on bond trading than its peers, but the business has been suffering for years from weak volumes and costly financial reform rules.
  However, the third quarter was a good one for bond trading revenue across Wall Stre
  
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• Wall St. rallies on strong corporate earnings reports

  18-10-2016 16:00 via news.yahoo.com
  
  All of the 11 major S&P 500 sectors were higher, led by an 1.13 percent rise in the healthcare index . UnitedHealth rose 6 percent after the health insurer said it expect the strong growth seen in 2016 to continue into 2017. Netflix was the top boost and biggest gainer on the S&P 500, rising 17.5 percent to $117.41 after the video streaming website added many more subscribers in the third quarter than expected.
  
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• UnitedHealth sees earnings growth continuing in 2017

  18-10-2016 15:49 via news.yahoo.com
  
  The company had previously said it was losing money this year on the individual insurance business created under U.S. President Barack Obama's national healthcare reform law, which it sells in about two dozen states, and that it would pull out of most of the market next year. UnitedHealth Chief Executive Stephen Hemsley said 2017 earnings could beat Wall Street expectations if the company ends 2016 with strong financial growth. Analysts expect 2017 earnings of $9.07 per share, according to Thoms
  
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• Stocks Pop Higher as U.S., U.K. Inflation Pose Gains

  18-10-2016 15:45
  The U.S. Dollar and British Pound are both higher on the morning after gains on inflationary prints out of the U.S. and U.K., but stocks are also driving higher. Which of these observations may be signaling the 'next theme' for global markets?
  
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• UnitedHealth CEO sees earnings growth continuing into 2017

  18-10-2016 15:16 via news.yahoo.com
  
  NEW YORK (Reuters) - UnitedHealth Group Inc Chief Executive Officer Stephen Hemsley said on Tuesday during a conference call with analysts that he expects the strong growth the company has seen in 2016 to continue into 2017.
  
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• Goldman Sachs sees profits jump as trading activity surges

  18-10-2016 15:05 via news.yahoo.com
  
  US financial giant Goldman Sachs posted a jump in quarterly profits as its investment banking activity revenue surged. The Wall Street bank was driven by a 34% increase in revenue from its key fixed income, currency and commodities unit to $1.96bn. Goldman Sachs chairman and chief executive Lloyd Blankfein said: "We saw solid performance across the franchise that helped counter typical seasonal weakness.
  
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• Headline CPI Surges On Rising Energy Prices, Fueling Fed Debate

  18-10-2016 15:01
  The US Consumer Price Index jumped in its headline reading on the backs of energy prices while Core CPI was slightly lower.
  
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• Wall Street set to open higher on Goldman, Netflix results

  18-10-2016 14:55 via news.yahoo.com
  
  Wall Street was set for a higher open on Tuesday, buoyed by a slew of better-than-expected quarterly reports, including from Netflix and Goldman Sachs. Shares of Netflix surged 18 percent to $117.86 in heavy premarket trading after the video streaming website added many more subscribers in the third quarter than expected. Goldman rose 1.2 percent and lifted shares of other banks after the company's third-quarter results blew past Wall Street estimates as it raked in higher trading revenue.
  
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• Wall St. set to open higher on Goldman, Netflix results

  18-10-2016 14:53 via news.yahoo.com
  
  Shares of Netflix surged 18 percent to $117.86 in heavy premarket trading after the video streaming website added many more subscribers in the third quarter than expected. Goldman rose 1.2 percent and lifted shares of other banks after the company's third-quarter results blew past Wall Street estimates as it raked in higher trading revenue. Of the 37 S&P 500 companies that have reported results until Monday, 78 percent have reported earnings that have topped analysts average estimate, accord
  
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• UK regulator cuts proposed earnings cap for Norway power link

  18-10-2016 14:53 via news.yahoo.com
  
  (Reuters) - British energy regulator Ofgem said on Tuesday it has revised down provisional upper and lower levels for National Grid's annual revenues from a planned electricity interconnector to Norway by around 30 percent, meaning British consumers were likely to benefit more than previously expected. The revisions mean that National Grid's revenues from the cable operations under the cap and floor regime will be lower, while consumers were more likely to get a reduction in high voltage grid ch
  
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• Crude Oil Prices Brace for a Breakout

  18-10-2016 14:41
  Crude Oil prices are lingering under the yearly high of $51.64, leaving traders to wait for the markets next big breakout.
  
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• J&J revenue, profit edge past estimates on robust drug sales

  18-10-2016 14:37 via news.yahoo.com
  
  (Reuters) - Johnson & Johnson , the world's largest maker of healthcare products, reported third-quarter revenue and profit just ahead of Wall Street estimates, fuelled by strong sales in its prescription drugs business. J&J, the first major U.S. drugmaker to report quarterly results, said pharmaceutical drug sales jumped 9.2 percent to $8.40 billion (£6.86 billion), buoyed by demand for its cancer medicines, Imbruvica and Darzalex, as well as its blood thinner Xarelto. The company
  
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• GBP Selloff May Have Hit Pause; Watch Oil’s Next Move

  18-10-2016 14:00
  Energy prices have rallied in the last few weeks, setting up for a 'base effect' boost in upcoming US inflation data.
  
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• J&J quarterly revenue, profit edge past Street

  18-10-2016 13:13 via news.yahoo.com
  
  (Reuters) - Johnson & Johnson , the world's largest maker of healthcare products, reported third-quarter revenue and profit just ahead of Wall Street estimates, fueled by strong sales in its prescription drugs business.
  
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• S&P 500: Tight-roping Support, Time Is Running Thin

  18-10-2016 12:55
  The S&P 500 is teetering on support, it needs to turn higher soon as risk is rising of a breakdown.
  
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• UK watchdog lowers proposed earnings cap for North Sea power link

  18-10-2016 11:38 via news.yahoo.com
  
  (Reuters) - UK energy regulator Ofgem has put forward a reduced provisional cap on developers' earnings from a planned 1.4 gigawatt power cable between Norway and Britain, saying that the new limit would benefit consumers. In its final assessment of the North Sea Link, Ofgem has set a provisional annual earnings cap of 94 million pounds, with a floor price of 53 million pounds a year, it said on Tuesday. The reduction was because construction costs have fallen, Ofgem said.
  
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• FTSE 100: Finding its Footing at Prior Peaks, Trend-line

  18-10-2016 10:58
  The UK index is finding good support at a key area, as long as it holds the trend remains pointed higher.
  
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• MIDEAST STOCKS-Saudi weighed down by weak Q3 earnings

  18-10-2016 10:45 via news.yahoo.com
  
  DUBAI, Oct 18 (Reuters) - Several disappointing third-quarter results from large Saudi companies dragged on the kingdom's stock index in morning trade on Tuesday, while other Gulf markets edged up in modest trade. Riyadh's index was down 0.8 percent after 70 minutes. Saudi Arabian Mining Co (Ma'aden) fell 2.7 percent after it posted a 4.6 percent rise in third-quarter net profit to 83.6 million riyals ($22.3 million) but missed analysts' average forecast of 122.7 million riyals. National Industr
  
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• Asian stock markets rise amid belief that US Fed would go slow on increasing interest rates

  18-10-2016 10:16 via news.yahoo.com
  
  All Asian stock market indices were trading higher on Tuesday (18 October) with the Shanghai Composite up 1.17% at 3,076.80 as of 6.24am GMT. This followed comments by Fed vice-chair Stanley Fischer which led traders to believe that the US central bank would go slow on increasing interest rates. On Monday (17 October), Fischer said that the US was facing an aging population, poor investment and slower foreign growth.
  
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