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Ford turns bearish on concerns of decline in sales
Since mid-December, the stock of Ford Motor Company (NYSE: F) has fallen by about 6% to $12.46 as of yesterday’s close. Still, the stock is nearly 13% higher compared with February’s low of $11.02. In fact, considering the investments being
Read MoreLSE Offers To Sell Its French Clearing House To Rival Euronext
In a bid to eliminate concerns about competition from its proposed merger with Deutsche Boerse, the London Stock Exchange (LSE) is in talks with rival Euronext for the sale of its French clearing house. The European Commission is currently reviewing
Read MoreF5 Networks signals downtrend on lackluster Q1 view
The stock of content management solutions provider F5 Networks, Inc. (NASDAQ: FFIV) had a remarkable run up this year. Since February 11th , the stock has appreciated by about 69% to $146.56 (as of Tuesday’s close). The company reported a
Read MoreUK FCA To Conduct A Full Review Of The Mortgage Industry
Britain's financial regulator Financial Conduct Authority (FCA) is kicking off a full-fledged review of the country’s 1.3 trillion pound mortgage market to examine if customers are getting fair treatment. Rising housing prices along with a shortage in inventory is affecting
Read MoreBaidu remains weak on anticipation of poor Q4 performance
On November 8th , we had recommended purchasing a one touch put option in Baidu Inc (NASDAQ: BIDU) on the basis of poor fourth-quarter guidance and regulatory issues faced by the company. We had suggested target price of $163 or
Read MoreHigher table revenue keeps Wynn Resorts bullish
The stock of casino operator Wynn Resorts (NASDAQ: WYNN) was hammered after it reported lower than anticipated fiscal 2016 third-quarter results in the first-week of November. Wynn Palace, which was opened recently, generated $42,117 per day from its VIP tables.
Read MoreFinancial Experts Indicate Possibility of Interest Rate Cut In India
Financial experts believe that a rate cut is imminent in India after indicators suggest that the demonetization exercise has left the economy battered. The announcement is expected after country’s central bank, the Reserve Bank of India (RBI) holds its bi-monthly
Read MoreFord turns attractive on cheap valuations
The stock of Ford Motor Company (NYSE: F) continues to remain range bound between 11.90 and 12 for the past three months. Ironically, the stock was unable to move up even after reporting fiscal 2016 third-quarter results that beat the
Read MoreBoE To Release Stress Test Results By End Of Week
The Bank of England (BOE) is expected to release the results of the latest round of stress tests it has carried out on top British banks before the end of this week. The tests were carried out to check the
Read MoreGeneral Motors turn bullish as Q3 results beat estimates
In spite of reporting 104% y-o-y increase in the net income, concerns about overheating of automotive sector kept the investors away from the stock of General Motors Company (NYSE: GM). The analysts’ also attributed the slowdown in sales growth for
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