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Crude gains in Asia with weekly U.S. rig count the next data point

Investing com Investing com Crude prices gained in Asia on Friday with the market looking ahead to U S rig count figures On the New York Mercantile Exchange crude futures for August delivery rose 0 23 to 42 84 a barrel while on London s Intercontinental Exchange Brent gained 0 18...
Posted On 23 Jun 2017

Asian shares mixed with Greater China in focus

Investing com Investing com Shares in Asia were mixed on Friday with China in focus after the country s banking regulator sought more information on credit risks linked to loans to major companies that bought major assets abroad Hong Kong s Hang Seng Index rsoe 0 1 in early trade...
Posted On 23 Jun 2017

Carnival (CCL) Tops Q2 Earnings Sales, Updates Guidance

Carnival Corporation CCL reported its second quarter fiscal 2017 results wherein both earnings and revenues beat the Zacks Consensus Estimate In fact this Miami based cruise company s adjusted earnings per share of 52 cents outpaced the Zacks Consensus Estimate of 47 cents by 10...
Posted On 23 Jun 2017

Existing Home Sales Rise in May, Housing Momentum Solid

Existing home sales in the U S rose 1 1 in May after slipping 2 3 in April This reinstates the fact that the U S homebuilding industry is still going strong Existing home sales is a good indicator of demand which tracks both the number and prices of existing single family homes Source
Posted On 23 Jun 2017

Why Is AutoZone (AZO) Down 2.9% Since the Last Earnings Report?

It has been about a month since the last earnings report for AutoZone Inc AZO Shares have lost about 2 9 in that time frame underperforming the market Will the recent negative trend continue leading up to the stock s next earnings release or is it due for a breakout Before we...
Posted On 23 Jun 2017

Back to Back for the NASDAQ

Health care stocks gave the market a boost on Thursday after the Senate s plan was finally unveiled but they weren t able to get the S amp P and the Dow over the finish line Those indices ended 160 slightly in the red by the closing bell while the NASDAQ managed an equally slight...
Posted On 23 Jun 2017

Singapore Consumer Stocks Are Hot

Consumer staples have lagged the broader Singapore stock market this year after finishing at the top of the podium in 2016 But a handful of consumer stocks have far outperformed the 9 gain averaged by the sector this year Consumer staples have lagged the broader Singapore stock...
Posted On 23 Jun 2017

Why Chinas Gas Stocks Are Rising

Shares in China s gas distributors soared after the government announced higher than expected 160 limits on investment returns Shares in China s gas distributors soared after the government announced higher than expected limits on investment returns The National Development and...
Posted On 23 Jun 2017

Determining The Potential Return For Your Covered Call Trades

When setting up a covered call trade it is important to estimate ahead of time what that trade is likely to return Not only will this allow you to evaluate the expected return on your current trade but it will also give you a benchmark for comparing this trade with other Source
Posted On 23 Jun 2017

PBOC sets yuan parity at 6.8238 vs dollar

Investing com Investing com The People s Bank of China set the yuan mid point at 6 8238 against the dollar on Friday compared to the previous close of 6 8368 The China Foreign Exchange Trade System sets the weighted average of prices given by market makers The highest and lowest...
Posted On 23 Jun 2017