Feb 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points on Wednesday, according to financial bookmakers.* The blue-chip FTSE index .FTSE closed down 0.3 percent at 7,274.83 points on Tuesday, dragged down by banking stocks as a week of full-year earnings releases for major listed banks began with a profit slump for HSBC. ANGLO AMERICAN: Anglo American (LON:AAL) AA.L said on...Read More
(Adds futures, company news items)Feb 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points on Wednesday, according to financial bookmakers, with futures FFIc1 up about 0.1 percent ahead of the cash market open.* The blue-chip FTSE index .FTSE closed down 0.3 percent at 7,274.83 points on Tuesday, dragged down by banking stocks as a week of full-year earnings releases for major...Read More
SHANGHAI, Feb 22 (SMM) –Copper: While LME copper rebounded and hit a high at $7,144.5/mt overnight, a possibly stronger US dollar poses risks following the Federal Reserve Board’s hint of interest rates increase. We expect LME copper to trade at $7,050-7,160/mt today with SHFE copper at 52,500-53,500 yuan/mt today. In the physical market, spot discounts are seen smaller at 200-150 yuan...Read More
Not long ago, growth was the big thing. Listed oil and gas companies set aggressive production targets to woo investors, though few succeeded in hitting them. Value then usurped volume as the industry's Holy Grail. This results season suggests growth targets are making a come back.Pioneer has set a production target that fractures conventional wisdom. The US tight oil specialist estimates that its...Read More
Not long ago, growth was the big thing. Listed oil and gas companies set aggressive production targets to woo investors, though few succeeded in hitting them. Value then usurped volume as the industry's Holy Grail. This results season suggests growth targets are making a come back.Pioneer has set a production target that fractures conventional wisdom. The US tight oil specialist estimates that its...Read More
Not long ago, growth was the big thing. Listed oil and gas companies set aggressive production targets to woo investors, though few succeeded in hitting them. Value then usurped volume as the industry's Holy Grail. This results season suggests growth targets are making a come back.Pioneer has set a production target that fractures conventional wisdom. The US tight oil specialist estimates that its...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Not long ago, growth was the big thing. Listed oil and gas companies set aggressive production targets to woo investors, though few succeeded in hitting them. Value then usurped volume as the industry's Holy Grail. This results season...Read More
World's largest miner BHP Billiton (ASX, NYSE:BHP) injected fresh optimism into the mining industry Tuesday after announcing it had swung from loss to profit for the first half of the 2017 financial year, adding it was rewarding shareholders with a bigger than expected payout.A welcome surge in the price of commodities such as iron ore and copper due to renewed appetite in China for imported raw...Read More
* Wal-Mart (NYSE:WMT), Home Depot, Macy's rise after results* Popeyes up after Restaurant Brands agrees to buy company* Indexes up: Dow 0.45 pct, S&P 0.47 pct, Nasdaq 0.26 pct (Updates to early afternoon)By Yashaswini SwamynathanFeb 21 (Reuters) - U.S. stocks hit record intraday highs on Tuesday amid gains across sectors as strong earnings from top retailers underscored the strength of the U.S. ec...Read More
* Wal-Mart (NYSE:WMT), Home Depot, Macy's rise after results* Dollar up on rate hike comments from Fed officials* Popeyes up after Restaurant Brands agrees to buy company* Futures up: Dow 61 pts, S&P 4.5 pts, Nasdaq 9 pts (Adds details, comment, updates prices)By Yashaswini SwamynathanFeb 21 (Reuters) - U.S. stocks looked set to open near record-highs on Tuesday as oil prices rose and investors ch...Read More
* Futures up: Dow 66 pts, S&P 5.5 pts, Nasdaq 13.75 ptsBy Yashaswini SwamynathanFeb 21 (Reuters) - U.S. stock index futures rose to record intraday highs on Tuesday as oil prices surged and investors assessed earnings from top U.S. retailers.* Wal-Mart (NYSE:WMT)'s WMT.N shares were up 1.5 percent at $70.42 in premarket trading after the world's largest brick-and-mortar retailer reported a higher-...Read More
Investing.com - Gold prices edged lower during European morning hours on Tuesday, amid a rise in the dollar as market players awaited further hints on the timing of the next U.S. rate hike.Gold for April delivery on the Comex division of the New York Mercantile Exchange shed $4.95, or about 0.4%, to $1,234.15 a troy ounce by 3:10AM ET (08:10GMT).There was no settlement in Comex gold prices on Mon...Read More
(Adds futures, company news items)Feb 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 2 points at 7298 on Tuesday, according to financial bookmakers, with futures down 0.1 percent ahead of the cash market open.* The blue-chip FTSE 100 index closed flat in percentage terms at 7,299.86 points after climbing to an intra-day high of 7,329.56, the highest level since the middle of Ja...Read More
Feb 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 2 points at 7298 on Tuesday, according to financial bookmakers.* The blue-chip FTSE 100 index closed flat in percentage terms at 7,299.86 points after climbing to an intra-day high of 7,329.56, the highest level since the middle of January. BHP: Mining giant BHP Billiton BHP.AX BLT.L rewarded shareholders with a bigger-than-exp...Read More
Feb 21 (Reuters) - Bhp Billiton (LON:BLT) Ltd BHP.AX* HY net profit $3.20 billion versus loss of $5.67 billion year ago* World economic growth is likely to remain within range of three to three and a half per cent in 2017 calendar year* HY revenue up 20% to $18.80 billion* Interim dividend of 40 US cents per share* HY underlying attributable profit from continuing operations $3.244 billion versu...Read More
In New York on Monday copper for delivery in March jumped 1.6% to $2.7515 per pound or $6,066 a tonne after listed copper miner Freeport McMoRan said negotiations with the Indonesian government to restart exports from its Grasberg mine in Papua province has stalled. Copper is trading at levels last seen late May 2015 with year-to-date gains of just under 9%.Phoenix-Arizona-based Freeport said...Read More
* Stocks rise in Europe and Asia, driven by merger activity* Unilever falls as Kraft walks away; Deutsche Telekom up* French bond yield gap over Germany hits widest since late 2012* Dollar falls with U.S. yields lower; U.S. markets shut* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, Feb 20 (Reuters) - European stocks rose on Monday, with gains in telecoms and...Read More
Investing.com - Gold prices edged lower during European morning hours on Monday, as market players awaited further hints on the timing of the next U.S. rate hike.Gold for April delivery on the Comex division of the New York Mercantile Exchange shed $3.35, or about 0.3%, to $1,235.75 a troy ounce by 3:15AM ET (08:15GMT).Trading activity was likely to stay light as markets in the U.S. remain closed...Read More
(Adds futures, company news items)Feb 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 11 points at 7,310 on Monday, according to financial bookmakers, with futures 0.3 percent higher ahead of the cash market open.* The benchmark FTSE 100 .FTSE index finished 0.3 percent higher on Friday and gained 0.6 percent for the week. The index, dominated by companies that trade international...Read More