Saxo Capital Markets Australia

Facebook tops US equity picks: Saxo Bank Head of Equity Strategy Peter Garnry. Saxo Bank's top equity picks in North America has been expanded to cover 20 stocks, with Facebook still toping the competition with one year returns of 19 per cent prior to its Q2 earnings release this week. Facebook... Show More

Jay Soloff

Somewhat obscured behind big earnings news from Apple and Amazon, Facebook posted big numbers exceeding analyst projections on both the top and bottom lines. The company generated $2.5 billion in revenues and adjusted earnings of $0.34 per share. Analysts had projected $2.36 billion in revenue and $0.24 a share in... Show More