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TSX set for further gains as investors wonder if energy sell-off overdone
2014-11-09 19:49:30| Energy - Topix.net
The Toronto stock market could be in for further gains this week, feeding off last week's fourth consecutive advance on the TSX amid economic data that showed steady employment growth in the United States and a rebound in oil prices off three-year lows. Otherwise, it looks to be a relatively quiet week for economic data as Canada's quarterly earnings season also starts to wind down after a string of well-received reports that helped the Toronto market claw itself partway back from the worst of the October sell-off.
Tags: set
energy
investors
gains
Lock in huge gains from these 14 stocks
2014-11-07 10:54:24| Food - Topix.net
There are 14 stocks in the Standard & Poor's, including single-cup coffee company Keurig Green Mountain , health insurer Humana and Dr Pepper Snapple that are up 30% or more this year - but are starting to look a bit rich - according to analysts who cover them, according to a USA TODAY analysis of data from S&P Capital IQ. Each of these stocks have blown past analysts' average 18-month price targets - a big sign it might be time to lock in some profits.
Telecom Italia slows sales fall to 4.5% in Q3 on fibre gains
2014-11-07 08:41:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a 4.5 percent year-on-year fall in third-quarter revenues to EUR 5.4 billion, hurt by a slowdown at its Brazil unit and a recession-hit domestic market. However, the operator welcomed the result as a reversal of its recent revenue decline compared to falls of 11.9 percent and 11.2 percent in the previous two quarters. "There are concrete signs of recovery in the domestic market," said Telecom Italia CEO Patuano in a statement, adding that "we have overcome the price war." EBITDA declined 8 percent to EUR 2.24 billion, and EBITDA margin fell to 41.4 percent from 41.4 percent a year ago. Net profit for the first nine months of the year came in at EUR 985 million compared to a EUR 902 million loss in the same period of 2013, reflecting the impairment loss on goodwill. Capex for the quarter fell to EUR 933 million from EUR 1.4 billion in the year-earlier period, which the company attributed to the abandonment of certain platforms and the simplification of industrial processes, adding that the savings were partly redirected to developing its 4G and fibre networks, which saw a EUR 102 million year-on-year increase in investment. "We're keeping our promises on investments in ultra fast broadband infrastructures and have already covered 100 cities with optical fibre and over 2,500 municipalities with LTE," said the company's chairman Giuseppe Recchi.
Tags: sales
fall
italia
telecom
Lock in huge gains from these 14 stocks
2014-11-06 22:21:27| Beverages - Topix.net
There are 14 stocks in the Standard & Poor's, including single-cup coffee company Keurig Green Mountain , health insurer Humana and Dr Pepper Snapple that are up 30% or more this year - but are starting to look a bit rich - according to analysts who cover them, according to a USA TODAY analysis of data from S&P Capital IQ. Each of these stocks have blown past analysts' average 18-month price targets - a big sign it might be time to lock in some profits.
Stocks Cling To Modest Gains; Advance Auto Rebounds
2014-11-06 22:16:27| Auto Parts - Topix.net
The Dow Jones industrial average led with a 0.3% gain, while the S&P 500 was up 0.2%. But the Nasdaq lagged with a 0.1% gain amid weakness in solar and chips.
Tags: auto
advance
stocks
gains
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