PHOENIX, January 26, 2015 /PRNewswire/ -- EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Apple (NASDAQ:AAPL), Alibaba (NYSE:BABA), FXCM (NYSE:FXCM), Gilead Sciences (NASDAQ:GILD), Freeport-McMoRan (NYSE:FCX), and Bank of America (NYSE:BAC).
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Report Highlights:
Apple Inc. (NASDAQ:AAPL): The share of Apple (NASDAQ:AAPL) began the trading session with a price of US$112.30. When day-trade ended, the stock price earned 0.52% to US$112.98 by the end of last trading session with 46.46 million shares exchanged hands, compared to daily average volume of 50.95 million. Apple is expected to say this week that it has sold more iPhones in China than on its home turf in the US for the first time last year. Back in 2013, the company CEO, Tim Cook, expected China to eventually overtake the US as Apple's single largest source of revenue. While China's mobile market is larger and growing faster than in the increasingly saturated US, Apple faces challenges there too, from new competition to run-ins with the Chinese government. The latest iPhones' Chinese release was delayed by almost a month after a protracted regulatory review process. The industry of Electronic Equipment lifted about 1.38%, the competitor BlackBerry earned about 1.86% to the price of US$10.70. Do you think Apple will go on? Do you think now is a good time to buy the stock? Investors could check AAPL earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/012615A/AAPL/Apple.pdf
Alibaba Group Holding Ltd (NYSE:BABA): The share of Alibaba (NYSE:BABA) began the trading session with a price of US$104.02. When day-trade ended, the stock price slid 0.86% to US$103.11 by the end of last trading session with 9.87 million shares exchanged hands, compared to daily average volume of 13.76 million. With the recent slowdown of China's economic growth, there was a concern that Alibaba's e-commerce platforms might perform below the precedent set in past quarters. But Jack Ma seemed unfazed at the deceleration of China's GDP growth, with his long-term plans geared more toward expansion beyond mainland China. Online shopping constitutes around 8% of the total consumption in China. The industry of Specialty Retail, Other rose about 0.65%, the competitor Amazon lifted about 0.67% to the price of US$312.39. Do you think Alibaba will go on? Do you think now is a good time to buy the stock? Investors could check BABA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/012615A/BABA/Alibaba.pdf
FXCM Inc (NYSE:FXCM): The share of FXCM (NYSE:FXCM) began the trading session with a price of US$2.62. When day-trade ended, the stock price plunged 23.55% to US$2.37 by the end of last trading session with 104.90 million shares exchanged hands, compared to daily average volume of 15.62 million. Last week, FXFM released an update on its business for "Strong Operating Metrics". But what the company failed to disclose was that in the Form 8-K filed at the same time, they amend their original letter agreement's major terms for their bailout money. The industry of Investment Brokerage - National lifted about 0.67%, the competitor GAIN Capital Holdings earened about 0.41% to the price of US$7.33. Do you think FXCM will go on? Do you think now is a good time to buy the stock? Investors could check FXCM earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/012615A/FXCM/FXCM.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Gilead Sciences, Inc. (NASDAQ:GILD):
Read Full Report: http://www.earningforecast.com/PR/012615A/GILD/GileadSciences.pdf
Freeport-McMoRan Inc (NYSE:FCX):
Read Full Report: http://www.earningforecast.com/PR/012615A/FCX/FreeportMcMoRan.pdf
Bank of America Corp (NYSE:BAC):
Read Full Report: http://www.earningforecast.com/PR/012615A/BAC/BankofAmerica.pdf
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