Sunday, March 18, 2018

Urban Outfitters rises as Street cheers executive appointment

Urban Outfitters rises as Street cheers executive appointment Stock Market Predictions(Global Markets) - Shares of Urban Outfitters Inc (URBN.O) rose as much as 7 percent, after the women's apparel retailer said Tedford Marlow will return to the company as the chief executive of its namesake brand. "We like the idea of putting executives back in roles in which they were previously successful, and we think this story is lining up well for 2012," Barclays Capital analyst Stacy Pak wrote in a client note.Analyst Pak, who raised her price target on...

Saturday, March 17, 2018

Samsung says third-quarter to top consensus as phones boom

Samsung says third-quarter to top consensus as phones boom Stock Market PredictionsSEOUL (Global Markets) - Samsung Electronics said its quarterly profit should top the most bullish market forecasts, with smartphones becoming its main profit engine despite intense competition from bigger rival Apple. Indeed, analysts expect Samsung to report record profit from handset sales in the third quarter and overtake Apple as the world's biggest smartphone vendor in unit terms.The South Korean firm estimated its quarterly operating profit at 4.2 trillion...

Ubiquiti rises in debut, breaks U.S. IPO drought

Ubiquiti rises in debut, breaks U.S. IPO drought Stock Market Predictions(Global Markets) - Shares of wireless equipment maker Ubiquiti Networks Inc (UBNT.O) closed up 16.7 percent in their stock market debut on Friday after the company broke a two-month drought in the U.S. IPO market. Investors shrugged off concerns over a U.S. government review of the company's sales into Iran to send its shares 16.7 percent above the $15 IPO price in their first day of trading on the Nasdaq. The shares closed at $17.50 after going as high as $19.00, up 26.7...

Friday, March 16, 2018

Fiat share plan seen easing route to Chrysler merger

Fiat share plan seen easing route to Chrysler merger Stock Market PredictionsMILAN (Global Markets) - A plan by Fiat Spa (FIA.MI) to convert preference and savings shares into ordinary shares will reduce the cost of equity and remove a potential hurdle to a merger with Chrysler, which is now majority owned by the Italian carmaker. Fiat and its sister company Fiat Industrial (FI.MI) said late on Thursday the proposed conversion would streamline the capital structure and simplify governance for both groups.Analysts said the plan was moderately earnings-enhancing...

UBS shares rise on pledge to restart dividends

UBS shares rise on pledge to restart dividends Stock Market PredictionsZURICH (Global Markets) - Shares in Swiss bank UBS (UBSN.VX) rose on Friday as investors welcomed its pledge to start paying dividends again, though its plans to trim its scandal-hit investment bank failed to go as far as some had hoped. At an investor event in New York on Thursday, UBS said it would cut investment bank risk-weighted assets by almost half and shift focus back to its core business of managing the assets of the rich as it pared its profitability targets.UBS said...

Thursday, March 15, 2018

Chico's shares rise on possible PE buyout report

Chico's shares rise on possible PE buyout report Stock Market Predictions(Global Markets) - Shares of Chico's FAS Inc (CHS.N) rose as much as 7 percent on Friday after a report in an online publication about possible private equity interest in the women's clothing retailer. A dealReporter.com story suggested that Chico's may be an attractive target for private equity firms, Interactive Brokers Group options analyst Caitlin Duffy wrote in a report on Friday.Global Markets, however, could not access the report.Tiburon Research Group analyst Rob Wilson...

Stock Market Predictions – Should you Be in The Market Right Now?

Stock market prediction is an secret art joined with the best of computer science. With the recent performance of the stock market and economic performance, it is an idea we all need to take seriously.The newspapers, radio and TV all review how our personal portfolios have taken a beating. While things have recovered some recently, many investment portfolios have been hit dramatically. Credit card balances have leaped and foreclosures have skyrocketed.Talking heads often admit that the economy has an important influence on the stock market price....