Russian police detain opposition leader Navalny at Moscow protest
MOSCOW, March 26 Russian police detained opposition leader Alexei Navalny in central Moscow on Sunday at a rally which Navalny had called to protest against corruption.
Analysts at JPMorgan Securities led by Saúl Martínez updated their earnings estimates for Brazilian bank Itaú Unibanco Holding SA following the lender's release of second-quarter results. JPMorgan increased its local-currency earnings estimate for 2013 by 2.4 percent to 15.066 billion reais ($6.5 billion), or the equivalent to 3.03 reais a share, from a prior estimate of 14.706 billion reais, or 2.96 reais a share. "This is mainly as a result of higher net interest income and fees," Martínez wrote in a client note on Wednesday.
For 2014, JPMorgan's estimates for Itaú rose 0.1 percent to 16.336 billion reais, or 3.29 reais per share, from a prior 16.313 billion reais, or 3.28 reais a share. The analysts maintained the "overweight" recommendation on preferred shares of Itaú and the 2013 year-end price target of 34 reais per share, or $15 per U.S. traded share.
DUBAI, March 26 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.