July 2012 Blog Posts (4)

MKM Partners notes central bankers are center-stage this week, with the FOMC statement coming at 2:15pm ET tomorrow and both the BOE and ECB set to announce policy decisions Thursday morning. Interspersed among these events will be important U.S. economic data for July, including ADP employment and ISM Wednesday and the employment report Friday. Firm says with obvious event risk into week's end, they believe there is demand for short-term hedges and long…

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They lowered their iPhone build assumptions for June as they now believe legacy build of iPhone 4S will now be below 20M units, which is well below expectations. The firm cut these at the beginning of the quarter to 25M (street was at 35M) and now street expectations have come down to ~25M. But now Avian thinks builds will be much lower. Slowdown of legacy 4S into a 5 release has already been considered. While they cut their estimated units to reflect…

Infosys (NASDAQ: INFY) Announces Results for the Quarter ended June 30, 2012. Q1 Revenues grew by 4.8% Year on Year.

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Highlights

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Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended June 30,…