Analyst news

• Markets pause after surge as earnings season heats up

  26-01-2017 23:40 via news.yahoo.com
  
  One day after the Dow's historic surge above 20,000 points, global markets mostly treaded water Thursday as corporate earnings took center stage.
  
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• TransCanada submits new application for Keystone XL pipeline

  26-01-2017 23:39 via news.yahoo.com
  
  TransCanada Corp. said Thursday it has submitted a new presidential permit application to the U.S. Department of State for approval of the Keystone XL pipeline. In a release issued after the close of stock market trading, TransCanada president and CEO Russ Girling said Keystone XL will help the U.S. meet its growing energy needs. The company's application comes just days after new U.S. President Donald Trump signed executive actions to move forward on construction of two
  
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• Stocks near record high, dollar up on optimism, earnings

  26-01-2017 23:00 via news.yahoo.com
  
  Oil prices and the U.S. dollar were boosted by the ongoing rally in stocks. Crude prices rose 2 percent and the greenback rebounded from a seven-week low. The S&P 500 and the Nasdaq Composite edged higher at the open to hit record levels but finished the day little changed.
  
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• Global stocks near record high, dollar up on optimism, earnings

  26-01-2017 22:59 via news.yahoo.com
  
  Oil prices and the U.S. dollar were boosted by the ongoing rally in stocks. Crude prices rose 2 percent and the greenback rebounded from a seven-week low. The S&P 500 and the Nasdaq Composite edged higher at the open to hit record levels but finished the day little changed.
  
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• Wall Street ends flat after 2-day run; Dow stays above 20,000

  26-01-2017 22:21 via news.yahoo.com
  
  Qualcomm weighed on both the S&P 500 and Nasdaq as the chipmaker fell 5.0 percent to $54.05 after posting a lower-than-expected rise in quarterly revenue. The post-election rally reignited this week following a solid start to earnings season and optimism over U.S. President Donald Trump's pro-growth initiatives, giving the benchmark S&P 500 its best two-day performance in seven weeks and catapulting the Dow above 20,000 for the first time. Early fourth-quarter earnings have also boosted
  
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• Gold Prices Back Below 1200- Here’s the Game Plan

  26-01-2017 20:49
  An outside weekly reversal off key structural resistance shifts the focus lower in gold. Here are the updated targets & invalidation levels that matter.
  
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• Wall Street little changed after two-day run; Dow holds 20K

  26-01-2017 20:30 via news.yahoo.com
  
  (Reuters) - U.S. stocks were little changed on Thursday in the wake of a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, as investors grappled with the latest round of earnings.
  
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• Dow holds above 20,000; Qualcomm weighs on S&P, Nasdaq

  26-01-2017 19:12 via rocketnews.com
  
  By Tanya Agrawal
  (Reuters) – The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, but losses in Qualcomm’s shares weighed on the S&P 500 and the Nasdaq Composite indexes.
  Qualcomm <QCOM.O> fell 5.4 percent to $53.82 after the chipmaker reported a lower-than-expected rise in quarterly revenue.
  The post-election rally roared back to life this week following solid earnings and optimism over U.S. President Donald
  
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• EUR/USD Eyes 1.0580 Support Ahead of 4Q GDP

  26-01-2017 19:08
  A reversal off slope resistance shifts our focus lower with the decline now eyeing initial support objectives. Here are the updated targets & invalidation levels that matter.
  
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• Oil up two percent on stock market, but U.S. supply caps gains

  26-01-2017 18:41 via news.yahoo.com
  
  LONDON/NEW YORK (Reuters) - Oil prices were driven 2 percent higher by an ongoing rally in the U.S. stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. U.S. light crude futures were up $1.22 to $53.97 a barrel, a gain of 2.2 percent, while Brent crude rose $1.25, or 2.3 percent, to $56.33 by 10:49 a.m. ET (1549 GMT). Oil popped with U.S. crude hitting $54.0, its highest level in more than three weeks,
  
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• Markets take breather after Wall Street's Trump rally

  26-01-2017 18:29 via news.yahoo.com
  
  London (AFP) - European stocks were mixed at the close on Thursday, as Wall Street held on to the previous day's gains which had taken it to a record closing high, dealers said.
  
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• USD/JPY Initiates Higher Highs & Lows as Risk Appetite Picks Up

  26-01-2017 18:15
  The pickup in risk appetite may open up the topside targets for USD/JPY as it starts to carve a near-term series of higher highs & lows.
  
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• Weapons maker Northrop forecasts 2017 earnings below estimates

  26-01-2017 18:11 via news.yahoo.com
  
  Northrop Grumman Corp, a supplier of parts to the F-35 jets, forecast 2017 earnings per share below Street estimates due to lower segment operating margins, which some analysts attributed to costs related to certain of its new programs. Northrop, which also makes the Global Hawk surveillance planes, forecast 2017 segment operating margin in the mid-11 percent range, lower than last year's 12 percent. Northrop in 2015 won the contract to produce the "Raider", the U.S. Air Force's new B-21 long-ra
  
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• Stocks near record highs, dollar up on optimism, earnings

  26-01-2017 18:02 via news.yahoo.com
  
  On Wall Street, the Dow Jones Industrial Average held well above the 20,000 level after breaching the milestone on Wednesday, buoyed by optimism over U.S. President Donald Trump's pro-growth initiatives and solid earnings. The S&P 500 and the Nasdaq Composite hit record levels immediately after the open, before easing off their highs to trade little changed on the day. The Dow Jones Industrial Average rose 46.78 points, or 0.23 percent, to 20,115.29, the S&P 500 gained 0.09 points, or 0.
  
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• Global stocks near record highs, dollar up on optimism, earnings

  26-01-2017 17:58 via news.yahoo.com
  
  On Wall Street, the Dow Jones Industrial Average held well above the 20,000 level after breaching the milestone on Wednesday, buoyed by optimism over U.S. President Donald Trump's pro-growth initiatives and solid earnings. The S&P 500 and the Nasdaq Composite hit record levels immediately after the open, before easing off their highs to trade little changed on the day. The Dow Jones Industrial Average rose 46.78 points, or 0.23 percent, to 20,115.29, the S&P 500 gained 0.09 points, or 0.
  
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• Oil up 2 percent on stock market, but U.S. supply caps gains

  26-01-2017 17:45 via news.yahoo.com
  
  By Christopher Johnson LONDON/NEW YORK (Reuters) - Oil prices were driven 2 percent higher by an ongoing rally in the U.S. stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. U.S. light crude futures were up $1.22 to $53.97 a barrel, a gain of 2.2 percent, while Brent crude rose $1.25, or 2.3 percent, to $56.33 by 10:49 a.m. ET (1549 GMT). Oil popped with U.S. crude hitting $54.0, its highest level in
  
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• Oil up 2 pct on stock market, but U.S. supply caps gains

  26-01-2017 17:44 via news.yahoo.com
  
  By Christopher Johnson LONDON/NEW YORK (Reuters) - Oil prices were driven 2 percent higher by an ongoing rally in the U.S. stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. U.S. light crude futures were up $1.22 to $53.97 a barrel, a gain of 2.2 percent, while Brent crude rose $1.25, or 2.3 percent, to $56.33 by 10:49 a.m. ET (1549 GMT). Oil popped with U.S. crude hitting $54.0, its highest level in
  
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• Speculation builds on a Verizon-Charter tie-up, no offer made

  26-01-2017 17:41 via news.yahoo.com
  
  U.S. cable company Charter Communication Inc shares rose as much as 10 percent on Thursday after the Wall Street Journal reported a preliminary approach by Verizon Communications Inc about a tie-up, but Reuters sources said no proposal was made. Speculation over a combination of the two companies has been building steadily since last month, when Verizon Chief Executive Officer Lowell McAdam told Wall Street analysts that such a deal would make "industrial sense." Analysts and investors have pred
  
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• Dow holds above 20,000 as investors focus on earnings

  26-01-2017 17:36 via news.yahoo.com
  
  The S&P technology index's 0.47 fall led the decliners, weighed down by Qualcomm and Alphabet . Qualcomm fell 5.1 percent to $54.04 after the chipmaker reported a lower-than-expected rise in quarterly revenue. The post-election rally roared back to life this week following optimism over U.S. President Donald Trump's pro-growth initiatives and solid earnings, catapulting the Dow above the historic mark.
  
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• TSX edges lower as materials stocks weigh, earnings in focus

  26-01-2017 17:12 via news.yahoo.com
  
  Canada's main stock index edged lower on Thursday but stayed close to its all-time high as a retreat among materials stocks weighed and investors reacted to a string of earnings reports. The most influential movers on the index included cable and wireless company Rogers Communications Inc, which rose 3.7 percent to C$54.52 after reporting better-than-expected adjusted profit on solid wireless growth. Methanex Corp jumped 5.5 percent to C$64.71 after the methanol supplier posted a sharp jump in p
  
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• Mexican Peso Slumps After Trump Threatens No Show

  26-01-2017 17:00
  The Mexican Peso moves back towards its multi-year lows against the US Dollar after President Donald Trump gets tough on border wall costs.
  
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• Northrop forecasts 2017 earnings below estimates

  26-01-2017 16:40 via news.yahoo.com
  
  REUTERS - U.S. weapons maker Northrop Grumman Corp reported a 14.4 percent rise in quarterly profit on Thursday, but forecast 2017 earnings per share below analysts' estimates. Northrop, which makes the center sections for F-35 fighter jets, forecast 2017 earnings of $11.30-$11.60 per share and sales of about $25 billion. Analysts on average had expected earnings of $12.23 per share and revenue of $25.03 billion, according to Thomson Reuters I/B/E/S. ...
  
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• Global stocks firmer after Wall Street opens higher

  26-01-2017 16:24 via news.yahoo.com
  
  London (AFP) - Global stocks were firmer on Thursday, buoyed by optimism on Wall Street about the policies of new US President Donald Trump which already pushed the market up to a record closing high the day before, dealers said.
  
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• Verizon has not proposed an acquisition to Charter: sources

  26-01-2017 16:20 via news.yahoo.com
  
  NEW YORK (Reuters) - Verizon Communications Inc, the No. 1 U.S. wireless carrier, has not proposed an acquisition to Charter Communications Inc, according to sources. Earlier on Thursday, the Wall Street Journal reported that Verizon was exploring a combination with the cable company, citing sources familiar with the situation. (Reporting by Greg Roumeliotis, Anjali Athavaley and Pamela Barbaglia; Editing by Chizu Nomiyama)
  
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• Southwest Airlines profit slips on lower fares, higher costs

  26-01-2017 15:55 via news.yahoo.com
  
  Southwest Airlines Co.'s fourth-quarter profit slipped on lower average fares and higher fuel spending, but the results still topped Wall Street expectations. CEO Gary Kelly said Thursday that travel demand ...
  
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• Verizon exploring deal with cable company Charter: WSJ

  26-01-2017 15:28 via rocketnews.com
  
  (Reuters) – Verizon Communications Inc, the No. 1 U.S. wireless carrier, is exploring a combination with cable company Charter Communications Inc, the Wall Street Journal reported, citing people familiar with the matter.
  Verizon Chief Executive Lowell McAdam made a preliminary approach to officials close to Charter and the company is working with advisers to study a potential transaction, the Journal said.
  The WSJ added that it was unclear if Charter’s executives would be open to a
  
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• Dow Crosses 20k; But What’s In a Psychological Price Point?

  26-01-2017 15:14
  Psychological price points are technical events on the chart that can end up becoming drivers in and of themselves. With the Dow Jones finally above the 20,000 level, will investor optimism begin to wane?
  
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• CAC 40 Advances For Third Session

  26-01-2017 15:13
  The CAC 40 advances for the third session, after finding support above 4,800.00.
  
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• Dollar plays catch-up after stock market surge

  26-01-2017 14:43 via news.yahoo.com
  
  While equities and Treasury yields have continued to rise in the past week, fueled by U.S. President Donald Trump's signals of new public spending, the effect on the dollar has been offset by concerns about other sections of his policy mix. "Obviously there has been this oscillation between euphoria over the macro data and trade protectionism fears," said Kamal Sharma, a strategist with Bank of America Merrill Lynch in London. Treasury yields have risen quite sharply." Currency market players ha
  
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• Stocks bask in Dow's afterglow, dollar perks up

  26-01-2017 14:16 via news.yahoo.com
  
  World stock markets climbed strongly on Thursday, with investors basking in the afterglow of a break past 20,000 points for Wall Street's record high Dow Jones index. MSCI's 46-country All World index was within touching distance of its lifetime high as European stocks [.EU] rose to their highest since Dec. 2015, completing a global loop after Asia's main bourses also saw a bumper session. The Dow's record run looked set to continue later [.N] and the curious outlier of recent weeks, the dollar
  
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• Global stocks bask in Dow's afterglow, dollar perks up

  26-01-2017 14:15 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - World stock markets climbed strongly on Thursday, with investors basking in the afterglow of a break past 20,000 points for Wall Street's record high Dow Jones index. MSCI's 46-country All World index was within touching distance of its lifetime high as European stocks rose to their highest since Dec. 2015, completing a global loop after Asia's main bourses also saw a bumper session. The Dow's record run looked set to continue later and the curious outlier of rec
  
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• Global stocks bask in afterglow of Dow breaking past 20,000

  26-01-2017 12:44 via news.yahoo.com
  
  By Marc Jones LONDON (Reuters) - World stock markets climbed strongly on Thursday, with investors basking in the afterglow of a break past 20,000 points for Wall Street’s record high Dow Jones index. MSCI's 46-country All World index was within touching distance of its lifetime high as European stocks rose 0.5 percent to their highest since Dec. 2015, completing a global loop after Asia's main bourses also saw a bumper session. The 'Trump trade', based on hopes of U.S. stimulus reflating g
  
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• Crude Oil Prices Mark Time as All Eyes Stay on the White House

  26-01-2017 12:36
  Crude oil prices remain stuck in familiar territory as markets continue to fish for clues about the direction of the Trump administration’s fiscal policy.
  
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• Kier Group expects half-year earnings to meet its expectations

  26-01-2017 12:07 via news.yahoo.com
  
  Construction contractor Kier Group says it expects trading in the six months ended 31 December period to meet its expectations. In a trading statement, the company said its results for the 2016 calendar year would be weighted towards the second half. Kier said its residential division had continued to benefit from high demand for housing in the UK.
  
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• Stocks bask in afterglow of Dow breaking past 20,000

  26-01-2017 11:29 via news.yahoo.com
  
  World stock markets climbed strongly on Thursday, with investors basking in the afterglow of a break past 20,000 points for Wall Street’s record high Dow Jones index. MSCI's 46-country All World index was within touching distance of its lifetime high as European stocks rose 0.5 percent [.EU] to their highest since Dec. 2015, completing a global loop after Asia's main bourses also saw a bumper session. The 'Trump trade', based on hopes of U.S. stimulus reflating growth, would appear to be b
  
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• British Pound Stays Near One-Month High on Better-Than-Expected UK Q4 GDP

  26-01-2017 11:22
  The UK economy ended the year in rude health with fourth-quarter growth beating expectations, underpinning the recent move higher in the British Pound.
  
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• DAX Challenging 2015 Levels, CAC 40 Correction Looks Over

  26-01-2017 10:26
  DAX breaks out, CAC 40 ends what appears to have been a corrective decline; path of least resistance is higher.
  
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• Asian Stocks Track the Dow Higher, US Dollar Follows

  26-01-2017 09:53
  Asian stocks got an all-too-predictable lift from the Dow Jones Industrial Average’s historic crossing of the 20,000 line. The US Dollar managed gains too.
  
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• Trump Policy Guessing Game Continues, Pound to Look Past UK GDP

  26-01-2017 09:26
  Guessing where President Trump will steer US fiscal policy continues to preoccupy the financial markets. The British Pound will probably look past UK GDP data.
  
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• For most Americans, Dow 20,000 carries little benefit

  26-01-2017 09:09 via news.yahoo.com
  
  WASHINGTON (AP) — While Wall Street celebrates yet another stock market record — surpassing 20,000 on the Dow Jones industrial average — many Americans have little reason to cheer.
  
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• Sasol sees lower H1 headline earnings on currency, mine strike

  26-01-2017 08:18 via news.yahoo.com
  
  JOHANNESBURG (Reuters) - South African petrochemicals group Sasol Ltd said on Thursday it expected H1 headline earnings to fall between 34 and 44 percent because of late year gains by the rand currency, strike at a coal mine and one-off items. [nJseZ0005a] * The company said headline earnings per share, which stripout certain one-off items and are the main profit gauge in SouthAfrica, could fall to as much as 13.60 rand from 24.28 rand inthe same period in 2015. * "Although the average rand/US d
  
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• Asian markets rally extends after Wall St records

  26-01-2017 08:18 via news.yahoo.com
  
  The global rally in stocks pushed into another day, with Tokyo leading a surge in Asian markets Thursday following another record close on Wall Street that saw the Dow hit a historic milestone. After weeks of unease across trading floors, investors around the world have refound the optimism that fuelled a surge in the two months after Donald Trump was elected president. The latest lease of life comes after the tycoon signed a series of executive orders pushing his pro-growth agenda, including gi
  
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• Asian shares follow Wall Street higher amid Trump's pro-business decisions

  26-01-2017 06:24 via news.yahoo.com
  
  Stock markets across Asia saw gains on 26 January following a positive overnight session on Wall Street. Tokyo's benchmark Nikkei share average was up by 1.6% at 19,355.93 points in the afternoon session after official data showed Japan's producer price index rose 0.4% from the previous month in December. Investor sentiment in the US was high, with the Dow Jones Industrial Average closing above the 20,000 mark for the first time after a raft of pro-business executive decisions were signed by Pre
  
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• Dow 20,000: What does it mean and where does it go?

  26-01-2017 06:20 via news.yahoo.com
  
  With the Dow Jones industrials above 20,000, it's natural to ask what's going on and what, if anything, investors should do. Here are some answers to common questions that people have about the stock market.
  
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• Australian Dollar Dips On China Profit Pullback

  26-01-2017 05:11
  The Australian Dollar wasn’t stymied for long by news of a deceleration in Chinese industrial profits as 2016 bowed out. The focus remains on Washington, DC.
  
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• Asian markets rally further after Wall St records

  26-01-2017 03:58 via news.yahoo.com
  
  The global rally in stocks extended into Thursday, with Tokyo leading a surge in Asian markets following another record close on Wall Street that saw the Dow hit a historic milestone. After weeks of unease across trading floors, investors around the world have refound the optimism that fuelled a surge in the two months after Donald Trump was elected president. The latest lease of life comes after the tycoon signed a series of executive orders pushing his pro-growth agenda, including giving the g
  
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• Global stocks extend rally after Wall Street smashes record

  26-01-2017 01:54 via news.yahoo.com
  
  Global stocks rallied higher Thursday after Wall Street bulldozed its way to another record peak, as investors rediscovered their fervour for US President Donald Trump's pro-spending policies, dealers said.
  
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• New Zealand Dollar Gains as CPI Data Boosts RBNZ Rate Hike Bets

  26-01-2017 00:59
  The New Zealand Dollar rallied against its major counterparts after better than expected CPI data helped increase RBNZ rate hike expectations.
  
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• Little holiday-season joy for toy maker Mattel

  26-01-2017 00:39 via news.yahoo.com
  
  It was not a happy holiday season for toy maker Mattel. The El Segundo, California, company on Wednesday reported fourth-quarter results that fell well short of Wall Street expectations and its stock took ...
  
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• Dow tops 20,000 on revitalised Trump trade, earnings

  26-01-2017 00:05 via news.yahoo.com
  
  (Reuters) - U.S. stocks climbed on Wednesday and the Dow Jones Industrial Average closed atop the 20,000 mark for the first time as solid earnings and optimism over President Donald Trump's pro-growth initiatives revitalised a post-election rally. Trump has made several business-friendly decisions since taking office on Friday, including signing executive orders to reduce regulatory burden on domestic manufacturers and clearing the way for the construction of two oil pipelines. The S&P 500 a
  
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