Pound Has No Will To Rise
At the beginning of the last November week, the British Pound reached stability, but chances for a new decline are still very high.
At the beginning of the last November week, the British Pound reached stability, but chances for a new decline are still very high.
Among the biggest risers on the S&P 500 on Monday November 26 was Ameriprise Financial Inc. ($AMP), popping some 3.53% to a price of $127.97 a share with some 1.26 million shares trading hands.
BB&T Co. (NYSE:BBT) – Equities researchers at Jefferies Financial Group raised their Q4 2018 EPS estimates for shares of BB&T in a note issued to investors on Thursday, November 15th, Zacks Investment Research reports. Jefferies Financial Group analyst K. Usdin now forecasts that the insurance provider will earn $1.07 per share for the quarter, up from their prior forecast of $1.06. Jefferies Financial Group also issued estimates for BB&T’s Q4 2019 earnings at $1.14 EPS, FY2019 earnings at $4.37 EPS and FY2020 earnings at $4.60 EPS.
KUALA LUMPUR: The local stock exchange slid in morning trade as the rout in oil prices continued with Brent slipping below US$60 a barrel.
LG Chem’s earnings will improve next year as the battery sector’s profits increase significantly, said Kyobo Securities on Nov. 26 maintaining a “buy” recommendation and 530,000 won (US$468.74) target price.
If there is one predictable outcome from the recent equity rout, it is that the behavioural theme has played out to plan.
The CEO of Guggenheim Partners and his business associates are pledging more than $20 billion of their personal wealth to backstop insurers associated with the firm should they experience financial troubles, according to a Wall Street Journal report.
The U.S. economy will not head into a recession in the next two years despite fears in the market that one may be on the horizon, Goldman Sachs’ Peter Oppenheimer told in an interview on Wednesday.
Consumer sentiment for November fell more than anticipated in the final reading of the month, although the index remained near record highs.
Amid prolonged trade disputes and rising interest rates, the global economy will continue to slow down next year, according to the latest forecasts from the Organization for Economic Cooperation and Development.