Latest Articles

German ZEW Investor Confidence Rises to 17.6 From 17.0

German ZEW Investor Confidence Rises to 17.6 From 17.0

German ZEW investor confidence rose to 17.6 from 17.0, less than anticipated, but the second consecutive rise finally lifted the three months trend rate, if just slightly, for the first time since June. The current conditions indicator fell back to 87.0 from 87.9. Confidence for banks and insurance companies dipped, while investors are less pessimistic about the automobile industry. Expectations […]

October 19, 2017 ×
BMO Capital Lowers Merck & Company PT to $70 vs $72

BMO Capital Lowers Merck & Company PT to $70 vs $72

BMO Capital said it has lowered Merck & Company’s (MRK) price target to $70 from $72 while reiterating an outperform rating. Analyst Alex Arfaei said in a note to clients that he acknowledges that his thesis has been weakened following lower expectations in Hepatitis-C, and increased competitive pressure for key franchises. BMO said Merck is primarily dependent on Keytruda for […]

October 17, 2017 ×
ECB Doesn’t See Sufficient Progress on Wages

ECB Doesn’t See Sufficient Progress on Wages

European Central Bank President Mario Draghi said the central bank is “looking very closely at the labor market and wage bargaining,”adding that it sees some progress, but not enough. Action Economics said that as they highlighted in their report last week, since the crisis, official unemployment measure seem to be understating the degree of slack in the labor market and […]

October 17, 2017 ×
Domino’s Pizza Third Quarter Revenue

Domino’s Pizza Third Quarter Revenue

Domino’s Pizza (DPZ) posted better-than-expected earnings and sales in its third quarter on Thursday helped by higher supply chain revenues from increased volumes despite a slow-down in same store sales growth. The company, which operates more than 14,400 stores, generated total revenue of $643.6 million in the three months ended September 10, up 13.6% from the corresponding quarter of the […]

October 17, 2017 ×
Eurozone Investor Sentiment Hits Decade High in October – Sentix

Eurozone Investor Sentiment Hits Decade High in October – Sentix

A closely-watched gauge of investor sentiment in the Eurozone surged to a decade high in October, boding well for a region which has been struggling to shake off the shackles of a protracted period of slow economic growth since the financial crisis. The Sentix Economic Index, which is based on a survey of 992 investors, rose by 1.5 points to […]

October 11, 2017 ×