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What do you think will happen to the amazon com amzn share price come christmas earnings report?



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ABN Newswire - Australian Market Report of October 13: US Investors Confident about Earnings

Dow Jones Industrial Average edged higher overnight towards the 10000 points psychological level, helped by a market confidence on corporate earnings of blue chip companies. Energy stocks were also up on the back of a jump in crude oil prices. The Australian market yesterday retreated from its early gains, dragged by financial stocks. The benchmark S&P/ASX200 index fell 13.



.1 points, or 0.28 per cent, to 4739.8, while the broader All Ordinaries was nine points, or 0.19 per cent lower, to 4745.5. Most major Asian stock markets also ended lower Monday, as investors locked in profits ahead of a string of key US corporate results. Key Economic Facts and Figures Australian Treasurer Wayne Swan says it was possible the economy could continue to "surprise on the upside". He also said there is uncertainty in a sustained global recovery. Although last week's unexpected fall in the unemployment rate in Australia was "remarkable", the number of jobless people will continue its rise. Australian Bureau of Statistics lending finance data for August is another sign of improving consumer confidence. ABS said that total lending finance commitments rose 10.2 per cent to in the 12 months to August, marking the largest annual increase since January last year. The value of lending finance commitments, including finance leases, also rose by 2.8 per cent in seasonally adjusted terms in August. National Australia Bank today releases its monthly business survey for September. M&A News Gold Aura ...


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Australian Market Report of October 12: Watching the US Earnings Results

Dow index hit a fresh 2009 high on Friday after the earnings season kicked off. Upbeat forecasts on IT giants IBM and Intel fueled the market's growing expectations over a profit recovery. S&P's 500 and Nasdaq both gained more than 4.5 per cent for the week.



. The Australian market closed slightly lower on Friday as investors remained cautious to the US corporate results. Uncertainty may continue to weigh on the local market as more major US companies are scheduled to release their earnings this week. The benchmark S&P/ASX200 index Friday dropped 15.7 points, or 0.33 per cent, to 4752.9. For the week, the ASX200 rose 3.3 per cent. The broader All Ordinaries index lost 8.8 points, or 0.18 per cent, to 4754.5 on Friday. Key Economic Facts and Figures Australia's major banks have tipped that they will increase mortgage rates by more than the official Reserve Bank rises in the coming months because they are facing higher costs of raising money in the wholesale markets. But Treasurer Wayne Swan says the big four banks cannot justify raising interest rates by more than the Reserve Bank of Australia's 25-basis-point increase. Today the Australian Bureau of Statistics will release lending finance data for August. M&A News Felix Resources (ASX:FLX) said China's Yanzhou Coal Mining (SHA:600188) today will resubmit the application for its A$3.54 billion bid for Felix to Australia's Foreign Investment Review Board (FIRB) for a second time. Yanzhou withdrew and resubmitted its ...



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