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The Secret To Making Money In The FX Market Can Be Found On...Twitter?
Monday, April 10, 2017 - 12:38pm | 392Ask any successful trader what their "secret" is and they will likely answer there is no magical formula to guarantee a profit. This was the commonly held belief, but apparently, this isn't the case, according to an academic paper published last month by Vahid Gholampour and Eric van Wincoop....
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A Currency Trade On A Trump Win
Wednesday, November 9, 2016 - 9:18am | 366Investors across the world are waking up to the new reality that President Elect Donald Trump will succeed President Barack Obama. Once it became apparent that Trump secured the victory, the futures market tumbled and many currency pairs saw heavy activity. Precious metals, including gold, also...
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Avon Products Tumbles Following Q4 Print, Co. Cites Currency Woes
Thursday, February 11, 2016 - 11:58am | 274Shares of Avon Products, Inc. (NYSE: AVP) tumbled more than 15 percent on Thursday after the company reported its fourth-quarter results. Avon Products said that it earned $0.00 per share on revenue of $1.6 billion. Wall Street analysts were expecting the company to earn $0.08 per share on...
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Hasbro Reports Q4 Earnings Beat, Raises Dividend
Monday, February 8, 2016 - 8:50am | 262Hasbro, Inc. (NASDAQ: HAS) reported its fourth quarter results early Monday morning. The company earned $1.39 per share in the quarter on revenue of $1.47 billion. Wall Street analysts were expecting the company to earn $1.30 per share on revenue of $1.37 billion. Hasbro noted that its...
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FXCM Falls 15% Following Release Of Trading Metrics
Wednesday, January 13, 2016 - 11:34am | 268Shares of FXCM Inc (NYSE: FXCM) plummeted by more than 14 percent Wednesday morning after the company released disappointing trading metrics. FXCM reported its retail customer trading volume of $323 billion was 8 percent higher than November's volume, but 9 percent lower than December 2014...
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NY Attorney General Investigating Possible Manipulation In Foreign-Exchange Trading
Monday, November 23, 2015 - 3:29pm | 374The New York Attorney General's office is investing possible foreign-exchange manipulation. Brokers are suspected to be engaged in "spoofing," whereby orders to buy or sell are entered into the market with the intent of being canceled prior to filled. Subpoenas have been...
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5 Stocks Barclays Just Downgraded (And One It Upgraded)
Monday, October 5, 2015 - 1:57pm | 1005Scott Davis of Barclays maintained a Neutral rating on the entire multi-industry sector. Davis did however initiate the largest estimate cut since 2008 by downgrading five names within the sector. Davis added that his base case assumes "we are in the midst of an industrial recession." Scott...
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Cybersecurity Sector Mixed Following FXCM Cyberattack
Thursday, October 1, 2015 - 10:09am | 593FXCM Inc (NYSE: FXCM) disclosed it was a victim of a criminal cybersecurity hack. FXCM's stock plummeted nearly 8 percent during Thursday's morning session. Cybersecurity names were mixed following FXCM's disclosure. FXCM, an online provider of foreign exchange trading and...
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What Has Wall Street Been Saying About Google?
Thursday, July 16, 2015 - 12:03pm | 921Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its second quarter results after Thursday's close. Estimize, the crowd-sourcing earnings and economic platform, is predicting Google will earn $6.77 per share in the second quarter (based on 126 estimates) on revenue of $14....
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LinkedIn's Armageddon And Wall Street's Reaction
Friday, May 1, 2015 - 9:51am | 651Shares of LinkedIn Corp (NYSE: LNKD) were trading lower by nearly 20 percent Friday morning after the company reported its first quarter results along with a disappointing outlook. Here are how some of Wall Street's top analysts reacted to the print. Wunderlich: Lowering Estimates But Metrics Still...
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3D Systems Tumbles Following Poor Guidance, Company Says It Needs To Reevaluate Year
Friday, April 24, 2015 - 8:44am | 404Shares of 3D Systems Corporation (NYSE: DDD) on Friday were trading lower by more than 12 percent after the company released preliminary first quarter results and some commentary for the entire fiscal year. 3D Systems now expects its first quarter revenue to be in the range of $158 million to $150...
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Will Xerox Beat The Market?
Tuesday, April 21, 2015 - 2:23pm | 405In a report published Monday, BMO Capital Markets analyst Keith Bachman offered some thoughts on Xerox Corp (NYSE: XRX), noting that his "scorecard" for calendar year 2015 includes more positives than negatives. The Positives According to Bachman, Xerox's printing business has...
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6 Internet Stocks Morgan Stanley Is Watching Amid Earnings Season
Tuesday, April 21, 2015 - 12:21pm | 617In a report published Tuesday, Morgan Stanley analysts led by Benjamin Swinburne previewed several Internet stocks ahead of quarterly prints. "Internet stocks face foreign exchange headwinds and trade at generally lofty valuations – particularly when incorporating non-cash comp,...
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SunTrust's Bob Peck: Investor Concerns Over Google Are 'Valid' But 'Baked In'
Tuesday, April 21, 2015 - 9:13am | 436In a report published Tuesday, SunTrust Robinson Humphrey analyst Bob Peck previewed Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s upcoming earnings report, noting the company is investing "ahead of the curve" in many sectors and shares represent a positive risk to reward profile at...
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JP Morgan: We're Slashing Tesla Estimates Because Of These 2 Factors
Monday, April 20, 2015 - 10:24am | 307In a report published Monday, JP Morgan analyst Ryan Brinkman reiterated an Underperform rating on shares of Tesla Motors Inc (NASDAQ: TSLA) with a price target lowered to $165 from a previous $175 due to higher expenses and a slower Model X ramp. Brinkman stated that he revised first quarter...