Markets News

Low cost deposits, rising interest rate keeps BoA bullish

The Bank of America (NYSE: BAC), the second largest bank by assets in the US, reported lower than anticipated fiscal…

8 years ago

Overbought F5 Networks signals reversal ahead of results

The stock of internet traffic and content management solutions provider F5 Networks Inc. (NASDAQ: FFIV) recorded a yearly high of…

8 years ago

Citigroup remains bullish on attractive valuations

The stock of Citigroup Inc (NYSE: C) recorded a 12-month high of $60.91 last week. Several funds, including HGK Asset…

8 years ago

General Motors turn bullish on expansion plans

The news of a possible fine by the Chinese authorities, on an unnamed US automobile manufacturer for monopolistic attitude, dragged…

8 years ago

Sears signals downtrend as hope of turnaround fades

Last week, Sears Holding Corporation (NASDAQ: SHLD), the owner of Sears and Kmart, reported its fifth consecutive quarter of dismal…

8 years ago

Citi turns weak on Jefferies downgrade

The impressive fiscal 2016 third-quarter results that topped the analysts’ estimates enabled the banking and finance institution Citigroup Inc (NYSE:…

8 years ago

IBM turns weak as Australian authorities slap $30M fine

Following the impressive third-quarter results that beat the analysts estimates, last week, the stock of International Business Machines (NYSE: IBM)…

8 years ago

BP tops Q3 estimates, aims $7 billion in cost savings

On November 1, the oil and gas company BP Plc (NYSE: BP) reported fiscal 2016 third-quarter results that beat analysts’…

8 years ago

Decline in Q3 revenue turns AMEX weak

Following the report of fiscal 2016 third-quarter results that went past the analysts’ estimates, the share price of American Express…

8 years ago

AIG turns bearish on missing Q3 earnings estimates

Anticipating a turnaround in the operations, on October 10, we had suggested purchasing a one touch call option in the…

8 years ago