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Caterpillar turns bearish on trimming fiscal 2016 outlook

Construction and engineering equipment manufacturer Caterpillar (CAT) reported its fiscal 2016 first-quarter earnings, which fell short of analysts’ estimates by a narrow margin. However, the first-quarter revenue was above the consensus estimate. A trader can expect the share price, which

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ArcelorMittal signals uptrend on turnaround plan

Following the news of the sale of Scunthorpe division of Tata steel (UK) to Greybull Capital, the share price of ArcelorMittal (MT) increased about 20% or $1 in a week to end at $5.50 on Friday. A close look at

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Yahoo signals bearish reversal on lower revenue guidance

The last day to submit bids to acquire the search engine company Yahoo (YHOO) is on April 11th, 2016. However, considering the complex issues faced by the company, potential bidders are quite nervous, according to the report by the technology

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Facebook signals breakout on strong fundamentals

On March 30th, 2016, the shares of social networking service Facebook, Inc. (FB) touched a high of $116.99, which was only $0.60 away from the 52-week high of $117.59. Merely looking at the PE ratio of about 88, a trader

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