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…

10 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…

10 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…

10 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…

10 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…

10 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:…

10 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)…

10 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’…

10 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…

10 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…

10 years ago