Sell off in global equities continues; oil dives 4%
The bloodbath continued across global equities markets on Tuesday. The FTSE closed down 0.7% in a better showing than its European peers, thanks in part to a weaker pound.
The bloodbath continued across global equities markets on Tuesday. The FTSE closed down 0.7% in a better showing than its European peers, thanks in part to a weaker pound.
The rout in equities and oil is “costing” gold in a peculiar way.
Samsung Electro-Mechanics showed the highest improvement in profits among MLCC makers and will maintain momentum in the fourth quarter, said Kiwoom Securities on Nov. 20.
NEW YORK — A company doesn’t need to be as big as Amazon (AMZN[NGS] – $1,512.29 Trade ) to get a good deal on real estate.
Among the S&P 500’s biggest fallers on Monday November 19 was Applied Materials Inc. (AMAT). The stock experienced a 2.77% decline to $34.42 with 14.8 million shares changing hands.
Among the S&P 500’s biggest fallers on Monday November 19 was Apple Inc. (AAPL). The stock experienced a 3.96% decline to $185.86 with 41.38 million shares changing hands.
Wheaton Precious Metals Corp (TSE:WPM) – Equities researchers at National Bank Financial lifted their FY2018 EPS estimates for Wheaton Precious Metals in a research note issued to investors on Wednesday, November 14th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.65 per share for the year, up from their prior forecast of $0.62. National Bank Financial also issued estimates for Wheaton Precious Metals’ Q4 2018 earnings at $0.12 EPS, FY2019 earnings at $0.54 EPS and FY2020 earnings at $0.69 EPS.
LG Household and Health Care’s earnings will continue to improve next year on the back of solid sales in China and duty-free sector, said Meritz Securities on Nov. 19 maintaining a “buy” recommendation and 1.60 million won (US$1,419) target price.
Hyundai HCN’s profits have improved, said Korea Investment and Securities on Nov. 19 upgrading it to a buy” from “hold” and suggesting 5,600 won (US$4.97) target price.
Loblaw Companies Ltd (TSE:L) – Equities researchers at Desjardins raised their FY2018 earnings estimates for shares of Loblaw Companies in a note issued to investors on Thursday, November 15th. Desjardins analyst K. Howlett now anticipates that the company will post earnings of $4.55 per share for the year, up from their prior estimate of $4.38. Desjardins currently has a “Buy” rating and a $66.00 price target on the stock. Desjardins also issued estimates for Loblaw Companies’ Q4 2018 earnings at $1.01 EPS and FY2019 earnings at $4.19 EPS.