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Market Strategists Are Both Right And Wrong At The Same Time
Thursday, July 21, 2016 - 11:16am | 396Read More...Set your clocks back to December 31, 2015. Imagine a futurist accurately tells you Britain will vote to leave the European Union, Donald Trump will win the Republican nomination, terrorism will strike major European cities, Brazil's presidency will spiral into turmoil and a military coup will occur...
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U.S. Rig Count Falls For Ninth Straight Week
Friday, October 30, 2015 - 2:26pm | 464Read More...U.S. oil rig counts fell by 16 this week, the ninth consecutive week of declines. A Reuters survey also indicates that OPEC production declined modestly in the month of October. Crude oil prices are on pace to finish the week higher after two straight weeks of declines. This week’s Baker...
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Why M&A, Buyback-Driven Growth Will Be Eliminated By Higher Interest Rates
Tuesday, August 25, 2015 - 12:10pm | 358Read More...In a new report, analysts at BNP Paribas discuss the disconnect between rising corporate bond yields and the elevated level of M&A deals and buybacks. According to BNP, buyback levels, M&A deals and corporate bond yields cannot all continue to rise for much longer. Ignoring Borrowing...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Read More...Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...
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6881 HK...The Best Way To Play A China A-Share Recovery?
Sunday, July 5, 2015 - 2:25pm | 197Read More...In a report published Friday, BNP Paribas analyst Judy Zhang upgraded the rating on China Galaxy Securities Company Ltd (HKG: 6881)(OTC: CGXYF) from Hold to Buy, while raising the price target from HKD11 to HKD 13.90. China Galaxy Securities' share price has declined by 27 percent from its peak on...
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Baidu Shares Fall On Rumor Of Weak Quarter; Here's What Analysts Dispute
Wednesday, July 1, 2015 - 11:36am | 360Read More...Shares of Baidu Inc (NASDAQ: BIDU) were lower on Wednesday following market chatter that the firm is expected to report a slow quarter. A Baidu spokesperson declined to comment on the rumor of a weak quarter. At least one analyst's recent research report supported the rumor of a weak quarter,...
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BNP Paribas: Alibaba Faces Near-Term Headwinds, 'Further Margin Decline,' But Is Still A Buy
Friday, June 26, 2015 - 8:52am | 275Read More...In a report published Friday, BNP Paribas analyst Vey-Sern Ling maintained a Buy rating on Alibaba Group Holding Ltd (NYSE: BABA), while reducing the price target from $102 to $100. Analyst Vey-Sern Ling expects Alibaba’s top line to come under pressure in the near term due to:...
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BNP Paribas Initiates salesforce.com With Neutral
Wednesday, June 17, 2015 - 8:13am | 64Read More...BNP Paribas initiated coverage on salesforce.com, inc. (NYSE: CRM) with a Neutral rating. The target price for salesforce.com is set to $81. salesforce.com shares have gained 27.08 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period. salesforce.com...
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More Evidence China Is In A Stock Market Bubble
Sunday, June 7, 2015 - 11:53am | 441Read More...A new report by BNP Paribas looks at the extraordinary recent gains in China’s A-share markets and presents the case that China is in the middle of a major equity bubble. BNP lays out the case for “irrational exuberance” in China and discusses the potential global...
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BNP Paribas Upgrades Syngenta To Neutral
Friday, May 15, 2015 - 9:28am | 53Read More...Analysts at BNP Paribas upgraded Syngenta AG (ADR) (NYSE: SYT) from Underperform to Neutral. Syngenta shares have gained 14.91 percent over the past 52 weeks, while the S&P 500 index has surged 12.95 percent in the same period. Syngenta shares fell 3.29 percent to $86.75 in pre-market trading.
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SALT 2015: Boom, Bust Or What? Economists Discuss World Markets
Friday, May 8, 2015 - 3:30pm | 674Read More...Is the market heading for a boom, a bust or something else entirely? Friday's first panel at the 2015 SALT conference consisted of economists from all over the world. Matthew Bishop, globalization editor for the Economist, served as the panel moderator. Panelists included Jose Luis Daza, founder...
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Melco Crown Alert: BNP Paribas Just Downgraded Shares On Multiple Factors
Wednesday, April 15, 2015 - 8:52am | 226Read More...In a report published Wednesday, analysts at BNP Paribas downgraded Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) from Hold to Reduce. The target price has also been revised down from $21.66 to $17.09. Following the smoking ban, Melco lost mass market share in 1Q15, as competitors moved...
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Buy Crude Now That It's Back Above $50?
Thursday, March 26, 2015 - 2:59pm | 344Read More...Crude oil is again trading above $50 on back of the recent airstrikes by Saudi Arabia on Yemen. So, should investors be buying this breakout? Darren Wolfberg from BNP Paribas was on CNBC Thursday to answer that question. Have We Created A Floor? "I think we are in the process of...
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BNP Paribas initiates Intel With Outperform
Monday, February 23, 2015 - 9:20am | 60Read More...Analysts at BNP Paribas initiated coverage on Intel Corporation (NASDAQ: INTC) with a Outperform rating. The target price for Intel is set to $42. Intel shares have gained 39.71% over the past 52 weeks, while the S&P 500 index has surged 14.22% in the same period. Intel shares jumped 0.58% to...
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BNP Paribas Upgrades Fiat Chrysler Automobiles To Outperform
Thursday, February 19, 2015 - 8:44am | 66Read More...BNP Paribas upgraded Fiat Chrysler Automobiles N.V. (NYSE: FCAU) from Neutral to Outperform. The price target for Fiat Chrysler Automobiles has been raised from $15.33 to $17.10. Fiat Chrysler Automobiles shares have gained 40.00% over the past 52 weeks, while the S&P 500 index has surged 14....
