Kia Motors’ third-quarter operating profit has been low but its earnings are likely to rebound, said Korea Investment and Securities on Oct. 29 maintaining a “buy” recommendation and 46,000 won (US$40.35) target price.

Yuan likely watched after sharpest fall in 22 months

Hotel Shilla’s stock will be able to rebound when concerns over sustainability of revenue from private shuttle traders ease, said KB Investment and Securities on Oct. 29 lowering the target price to 117,000 won (US$102.85) from 144,000 won.

Ameris Bancorp (NASDAQ:ABCB) – FIG Partners reduced their FY2018 earnings estimates for shares of Ameris Bancorp in a note issued to investors on Tuesday, October 23rd. FIG Partners analyst C. Marinac now forecasts that the bank will earn $3.30 per share for the year, down from their prior forecast of $3.32. FIG Partners also issued estimates for Ameris Bancorp’s Q4 2018 earnings at $0.93 EPS, Q1 2019 earnings at $0.94 EPS, Q1 2020 earnings at $1.12 EPS, Q2 2020 earnings at $1.16 EPS, Q3 2020 earnings at $1.20 EPS and FY2020 earnings at $4.70 EPS.

Lockheed Martin Co. (NYSE:LMT) – Analysts at Jefferies Financial Group dropped their Q4 2018 EPS estimates for shares of Lockheed Martin in a report released on Tuesday, October 23rd. Jefferies Financial Group analyst S. Kahyaoglu now expects that the aerospace company will post earnings per share of $4.29 for the quarter, down from their prior estimate of $4.58. Jefferies Financial Group also issued estimates for Lockheed Martin’s FY2020 earnings at $24.00 EPS.

Amazon.com, Inc. (NASDAQ:AMZN) – Stock analysts at Jefferies Financial Group decreased their FY2018 earnings estimates for Amazon.com in a research report issued to clients and investors on Tuesday, October 23rd. Jefferies Financial Group analyst B. Thill now anticipates that the e-commerce giant will earn $17.60 per share for the year, down from their prior estimate of $18.35. Jefferies Financial Group currently has a “Buy” rating and a $2,260.00 target price on the stock. Jefferies Financial Group also issued estimates for Amazon.com’s Q4 2018 earnings at $6.05 EPS and FY2019 earnings at $23.49 EPS.

It has taken a while, but gold is now doing exactly what it is supposed to do as the metal ends the week near a three-month high as U.S. equity markets continue to melt down and bond yields drop.

There’s a trend in China that rewards equity traders with a relatively calmer session on Fridays. But the yuan is always ready to take the spotlight and keep everyone busy.

Hyundai Motor’s third-quarter earnings were a major disappointment, said KTB Investment and Securities on Oct. 26 lowering the target price to 150,000 won (US$131.93) from 180,000 won.

Gold prices rose on Thursday towards a more than three-month high hit earlier this week, as a selloff in global equities triggered safe-haven bids for the metal amid rising political and economic uncertainties.