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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....
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BNP Paribas Initiates NetSuite At Underperform
Tuesday, February 17, 2015 - 10:39am | 60Read More...Analysts at BNP Paribas initiated coverage on NetSuite Inc. (NYSE: N) with a Underperform rating. The target price for NetSuite is set to $87. NetSuite shares have dropped 10.54% over the past 52 weeks, while the S&P 500 index has surged 13.92% in the same period. NetSuite shares rose 3.44% to...
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#PreMarket Primer: Tuesday, July 1: Poroshenko To End The Ceasefire In Ukraine
Tuesday, July 1, 2014 - 6:59am | 1011Read More...Despite growing pressure from the West and at home to extend the one week ceasefire, Ukrainian President Petro Poroshenko said on Tuesday that he is planning to continue the government’s battle against pro-Moscow separatists with a renewed offensive. Poroshenko has said he would be open...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316Read More...U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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#PreMarket Primer: Monday, June 30: U.S. Data To Confirm Second Quarter Recovery
Monday, June 30, 2014 - 6:50am | 1120Read More...This week, economic data is expected to confirm once and for all that the US economy is back on solid ground after a shaky first quarter. After first quarter GDP was revised down last week to show the nation’s largest decline in five years, investors are looking forward to a spate of data...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073Read More...U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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#PreMarket Primer: Wednesday, June 25: US To Begin Exporting Oil After Almost 40 Years
Wednesday, June 25, 2014 - 7:24am | 1176Read More...The US Commerce Department took the first step to do away with a near forty year old ban on selling unrefined US oil abroad when it approved requests from both Pioneer Natural Resources Co. and Enterprise Products Partners LP to begin selling condensate oil to foreigners. Permission has only...
