SunGard's hottest stocks
06 May 2015 Global
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SunGard’s Astec Analytics has compiled the hottest stocks from around the globe for the week beginning 27 April 2015—one that has seen earnings numbers holding sway over market behaviour.
Finnish telecoms company Nokia Oyj (NOK1V.HE) is Astec’s top pick for Europe, the Middle East and Africa (EMEA) after it reported its latest batch of earnings numbers, which sent its share price tumbling after it showed disappointing profits for the quarter.
On the securities lending front, though there is growing interest ahead of its upcoming dividend, data from Astec has hinted at increased attention from short sellers as well, with borrowing volumes having climbed 67 percent in the past three weeks.
Elsewhere in the EMEA, CNH Industrial NV (CNHI) has held its position as it posts its Q1 numbers, which showed larger than expected declines in revenue and earnings, hit particularly by falling demand for agricultural equipment in North America.
On the borrowing front, Astec’s data has suggested short sellers are continuing to hold onto their positions, with volumes 13 percent higher than this time in March.
Oil giant Exxon Mobil (XOM) is Astec’s top pick for the Americas after it too posted latest earnings numbers.
These came in slightly better than expected despite profits falling 46 percent compared to 2014 on the back of its oil and gas business, which itself saw earnings at their lowest level since 2008.
As its share price edged higher in the cash market Astec's figures have shown short sellers to be covering positions, in which time the number of shares being borrowed has fallen 26 percent.
Also holding its place in the list, Ariad Pharmaceuticals (ARIA) has seen fresh focus after news that it has agreed a pact with Sarissa Capital, whose founder Alex Denner sits on Ariad's board, allowing Sarissa to lead the search for its new CEO after the current chairman Harvey Berger retires before the end of the year.
Astec commented: “Its stock saw some fairly volatile trading action on the back of the news, while on the sec lending front volumes started to pull back from the previous week's gains—falling 21 percent from 28 April.”
In the Asia Pacific region, South Korean phone-maker Samsung Electronics Company (005930.KS) has been picked after its mobile division saw sales falling 20 percent year-on-year, though the division's operating profit climbed 40 percent compared to the previous quarter.
While its stock made decent gains on the back of the news, the securities lending numbers suggests short sellers have been closing positions—borrowing volumes falling 10 percent over the past two weeks.
Finally, Japanese mobile phone game-maker Colopl (3668) has seen focus after it posted better than expected earnings numbers for the first half of the year, though its share price had been suffering ahead of the results, as investors were seemingly taking a negative view.
The stock managed to gain back most of this lost ground, though on the borrowing front Astec's data has hinted at continued interest from short sellers, with the number of Colopl share being borrowed 15 percent higher than this time last month.
Finnish telecoms company Nokia Oyj (NOK1V.HE) is Astec’s top pick for Europe, the Middle East and Africa (EMEA) after it reported its latest batch of earnings numbers, which sent its share price tumbling after it showed disappointing profits for the quarter.
On the securities lending front, though there is growing interest ahead of its upcoming dividend, data from Astec has hinted at increased attention from short sellers as well, with borrowing volumes having climbed 67 percent in the past three weeks.
Elsewhere in the EMEA, CNH Industrial NV (CNHI) has held its position as it posts its Q1 numbers, which showed larger than expected declines in revenue and earnings, hit particularly by falling demand for agricultural equipment in North America.
On the borrowing front, Astec’s data has suggested short sellers are continuing to hold onto their positions, with volumes 13 percent higher than this time in March.
Oil giant Exxon Mobil (XOM) is Astec’s top pick for the Americas after it too posted latest earnings numbers.
These came in slightly better than expected despite profits falling 46 percent compared to 2014 on the back of its oil and gas business, which itself saw earnings at their lowest level since 2008.
As its share price edged higher in the cash market Astec's figures have shown short sellers to be covering positions, in which time the number of shares being borrowed has fallen 26 percent.
Also holding its place in the list, Ariad Pharmaceuticals (ARIA) has seen fresh focus after news that it has agreed a pact with Sarissa Capital, whose founder Alex Denner sits on Ariad's board, allowing Sarissa to lead the search for its new CEO after the current chairman Harvey Berger retires before the end of the year.
Astec commented: “Its stock saw some fairly volatile trading action on the back of the news, while on the sec lending front volumes started to pull back from the previous week's gains—falling 21 percent from 28 April.”
In the Asia Pacific region, South Korean phone-maker Samsung Electronics Company (005930.KS) has been picked after its mobile division saw sales falling 20 percent year-on-year, though the division's operating profit climbed 40 percent compared to the previous quarter.
While its stock made decent gains on the back of the news, the securities lending numbers suggests short sellers have been closing positions—borrowing volumes falling 10 percent over the past two weeks.
Finally, Japanese mobile phone game-maker Colopl (3668) has seen focus after it posted better than expected earnings numbers for the first half of the year, though its share price had been suffering ahead of the results, as investors were seemingly taking a negative view.
The stock managed to gain back most of this lost ground, though on the borrowing front Astec's data has hinted at continued interest from short sellers, with the number of Colopl share being borrowed 15 percent higher than this time last month.
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