Archive

Tesco Corp Resumes Downtrend on Low Crude Prices

  Shares of Tesco Corporation (NASDAQ:TESO), a technology based solution provider for the upstream energy industry, had risen by more than 60% from a 52-week low of $5.13, in just the past two months. The share price currently hovers between

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Disney Shares High on Strong Growth Prospects

  The shares of diversified American media and entertainment conglomerate company Walt Disney Company (NYSE:DIS) closed at $97.22, after hitting a high of $98.46 on Monday. The company reported an impressive fiscal 2016 first-quarter results. The market participants anticipate a

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Rand Turns Bullish as Commodities Recover

  In March 2015, a South African tourist carrying 10,000 Rand to USA would have received about $813. On the other hand, the same traveler would receive only about $646 today. This reflects a depreciation of about 20% in the

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BHP Remains Bearish on Weak Demand

  In the past two months, the shares of diversified miner BHP Billiton (NYSE:BHP) have appreciated about 50% to $26. The rally was supported by the announcement of Chinese stimulus measures, which took the price of iron ore to a

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AIG Bearish on Poor Q4 2015 Performance

  The shares of American International Group (NYSE:AIG) climbed back above the 50-day moving average of $53.60 to close at $53.70 on Monday. The market is buzzing about the possibility of AIG going up sharply in the next few days.

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Sugar Turns Bullish on Supply Deficit Concerns

  The price of sugar hit yet another high of 16.32 cents per Lb (pound) yesterday. After remaining bearish for nearly five years, the sugar price has started going up firmly. For many reasons, analysts believe that the uptrend has

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Safe Haven Demand to Strengthen CHF Against GBP

  Following the announcement of interest rate confirmation by the BoE, the Pound strengthened against the Swiss Franc on Friday. The shrinking probability of a Britain’s exit from the European Union also aided the uptrend in the GBPCHF pair. However,

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Low Subscriber Revenue & Debts turn Netflix Bearish

  Streaming movie and television serial provider Netflix (NASDAQ:NFLX) saw its share price decline about 50% to $58.46 in the second week of February. The main reason for the decline in the share price is that the company added only

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eBay Turns Bullish on Impressive Revamp Measures

  The shares of eBay Inc (NASDAQ:EBAY) hit a 52-week low of $21.52 in February, following a fiscal 2016 guidance, which missed analyst estimates. Since then, eBay’s share price continues to hover around the $25 levels. There are three main

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Citigroup Bullish as Energy Portfolio Risk Declines

  Following the Fed rate hike in December 2015, the banking behemoth Citigroup (NYSE:C) lost more than 30.1% of its share value to hit a new yearly low of $34.52 in February, 2016. In fact, Citigrop is the worst performer

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