July 19, 2017 12:12 pm
Johnson & Johnsons (JNJ) second-quarter earnings exceeded market expectations, supported by strong demand for the newer additions to the companys product range, such as the Darzalex cancer drug. J&J also revised up its full-year earnings forecast. Johnson & Johnson shares closed higher for a third time in the past seven trading sessions on Tuesday. It […]
Read moreJuly 19, 2017 7:29 am
Lockheed Martin Corporations (LMT) quarterly earnings exceeded market expectations, supported by higher sales of the companys F-35 fighter aircraft. In addition, Lockheed revised up its full-year earnings forecast. Lockheed Martin shares closed lower for the first time in the past four trading sessions on Tuesday. It has also been the biggest daily retreat since June […]
Read moreJuly 18, 2017 11:32 am
Barclays has reportedly revised down its price target for IBM to $132 from $141, while maintaining an Underweight rating on the stock. According to analyst Mark Moskowitz, the tech firm should lower its full-year earnings guidance to under $13 per share. IBM shares closed lower for a third time in the past seven trading sessions […]
Read moreJuly 18, 2017 7:26 am
According to a report by Economic Daily News, production of all models of Apple Incs (AAPL) upcoming iPhones will probably be delayed. Mass production of the lower end iPhone 7 and iPhone 7s is to start in August, which would be a one-month delay from the companys normal schedule. Apple shares closed higher for a […]
Read moreJuly 18, 2017 6:17 am
USD/CHF R1 – 0.9632 R2 – 0.9638 R3 (Range Resistance – Sell) – 0.9644 R4 (Long Breakout) – 0.9662 R5 (Breakout Target 1) – 0.9683 R6 (Breakout Target 2) – 0.9692 S1 – 0.9620 S2 – 0.9614 S3 (Range Support – Buy) – 0.9608 S4 (Short Breakout) – 0.9590 S5 (Breakout Target 1) – 0.9569 […]
Read moreJuly 17, 2017 9:59 am
On Friday JP Morgan Chase & Co (JPM) posted higher-than-anticipated second-quarter revenue and earnings, supported by sound loan growth and higher interest rates, which initially sent its shares up by over 1% at some point during pre-market trade. However, the bank also said that its net interest income for the full year would be below […]
Read moreJuly 17, 2017 7:42 am
Citigroup Incs (C) second-quarter earnings came in above the median analyst estimate, as trading revenue shrank at a lesser rate than initially expected and lending gained new momentum. Citigroup shares closed lower for the third time in the past five trading sessions on Friday. The stock went down 0.45% ($0.30) to $66.72, after touching an […]
Read moreJuly 17, 2017 6:35 am
Silver (SI) for September delivery (1 Troy Ounce) R1 – $15.978 R2 – $16.024 R3 (Range Resistance – Sell) – $16.069 R4 (Long Breakout) – $16.205 R5 (Breakout Target 1) – $16.364 R6 (Breakout Target 2) – $16.439 S1 – $15.888 S2 – $15.842 S3 (Range Support – Buy) – $15.797 S4 (Short Breakout) – […]
Read moreJuly 14, 2017 12:59 pm
The latest forecast by Target Corporation (TGT) reportedly points to an increase in sales for the first time in five quarters due to higher customer traffic and improved sales trends. Target shares closed higher for a third consecutive trading session on Thursday. It has also been the sharpest daily surge since November 16th 2016. The […]
Read moreJuly 14, 2017 8:31 am
Facebook Inc (FB) was reported to be planning the release of a $200 wireless Oculus Virtual Reality headset in 2018. Code-named “Pacific”, this new headset will not require a smart phone or a personal computer and will be available at a competitive price compared to untethered VR headsets. Facebook shares closed higher for a fifth […]
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