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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213Read More...U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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#PreMarket Primer: Monday, June 23: BNP Expected To Pay $9 Billion For Sanctions Violations
Monday, June 23, 2014 - 7:27am | 1139Read More...US prosecutors and BNP Paribas SA are likely to reach an agreement which will force the bank to pay between $8 and $9 billion in penalties for violating US sanctions. The Wall Street Journal reported that the two sides have agreed to broad terms which include the bank's admission of guilt...
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#PreMarket Primer: Thursday, June 12: ISIS Takes A Second City, Baghdad At Risk
Thursday, June 12, 2014 - 7:35am | 1116Read More...An Islamic militant group that has been linked to Al-Qaeda took over a second city in as many days this week, posing a direct threat to Baghdad and prompting the Iraqi government to ask for US military support. The group, called the Islamic State of Iraq and al-Sham (ISIS), overran Tikrit and...
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#PreMarket Primer: Thursday, June 5: ECB Meeting To Be The Main Event
Thursday, June 5, 2014 - 7:09am | 1279Read More...Since last month’s European Central Bank policy meeting, investors have been on high alert as ECB President Mario Draghi all but promised that the bank would ease at June’s meeting. The bank is widely expected to cut its main interest rate to 0.10 percent and take its deposit rate...
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#PreMarket Primer: Tuesday, June 3: Bidding On Hillshire Ramps Up
Tuesday, June 3, 2014 - 7:08am | 1071Read More...The bidding war over Chicago-based meats and desserts company Hillshire Brands Co. heated up after Pilgrim’s Pride Corp increased its acquisition offer by $1 billion. The new offer values Hillshire at $55 per share, a step up from Tyson Foods $50 a share offer on Thursday. If Hillshire...
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#PreMarket Primer: Wednesday, May 21: Russian Troops Leave Ukrainian Border
Wednesday, May 21, 2014 - 7:15am | 1239Read More...The crisis in Ukraine took a new turn on Wednesday after Russian news agency RIA reported that the Defense Ministry announced that troops had begun to move away from the Ukrainian border. On Monday, Russian President Vladimir Putin claimed that he had ordered his troops to withdraw, but US...
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Barron's Recap: The Changing World Of MLPs
Sunday, August 11, 2013 - 1:00pm | 831Read More...This weekend in Barron's online: a roundtable discussion of the changing landscape of master limited partnerships, and the prospects for the Washington Post, BNP Paribas, HD Supply, Isis Pharmaceuticals and Redbox. Cover Story "MLP Boom or Bust?" by Dimitra DeFotis. Master limited partnerships (...
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S&P Takes the Axe To Banks; Shares Drop (CS, DB, BCS)
Wednesday, July 3, 2013 - 8:26am | 651Read More...S&P cut the debt ratings of three of Europe's largest banks late Tuesday as new rules and "uncertain market conditions" threaten business across the continent. Barclays (NYSE: BCS), Credit Suisse (NYSE: CS), and Deutsche Bank (NYSE: DB) all had their credit ratings cut one notch. Downgrades...
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Italian, German Financials Rally on Deposits Data, Spain Mixed
Monday, January 28, 2013 - 9:56am | 476Read More...Deposits in peripheral European nations' ailing banks recovered nicely in December as lessening concerns over the health of the Eurozone increased confidence in the financial sector. Since the onset of the crisis, capital has flowed out of peripheral banks and into those of core nations, mainly...
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Benzinga Market Primer, Friday, October 26
Friday, October 26, 2012 - 6:15am | 918Read More...U.S. equity futures fell in early Friday trading as large companies including Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) reported earnings Thursday that missed analyst estimates. Apple reported sales that beat expectations but earnings missed and Amazon reported its first quarterly loss in...
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Goldman Sachs, JP Morgan, Other Big Banks Deciding Fate of Greek CDS's
Thursday, March 1, 2012 - 12:19pm | 523Read More...The International Swaps and Derivatives Association (ISDA) ruled today that the latest debt swap arrangement, which imposes a 53.3% haircut on the Greek bonds, is not a "credit event" that will trigger the credit default swap contracts. Essentially, this means that the investors, who had bought...
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How to Trade End of France and Belgium Short Selling Bans
Monday, February 13, 2012 - 4:42pm | 781Read More...France and Belgium have both lifted restrictions on the short selling of financial stocks that were put in place last year after several major European financial institutions saw their stock prices fall dramatically. Stock prices for French banking giants BNP Paribas, Credit Agricole and Societe...
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How to Profit From China's Decision to Limit FOREX Swaps with Top European Banks
Tuesday, September 20, 2011 - 9:37am | 644Read More...It was reported on Tuesday morning that the state-run Bank of China has halted FOREX swaps with several top European banks. The banks included Societe Generale and Credit Agricole, which were downgraded by Moody's Investors Service last week, and BNP Paribas, which Moody's said it will need more...
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How to Profit from Moody's Downgrade of French Banks
Wednesday, September 14, 2011 - 8:54am | 536Read More...The markets were dealt another blow on Wednesday when Moody's Investors Service downgraded two of France's biggest banks and placed a third on review. Societe Generale and Credit Agricole were downgraded, while Moody's said that it would take more time to review BNP Paribas. There had been...
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How to Profit from French Banking Crisis
Tuesday, September 13, 2011 - 9:08am | 489Read More...European stocks were near a two year low as French banking stocks took a beating during trading in Europe on Tuesday. There are growing concerns that French banks are facing a liquidity crisis that will worsen if Greece defaults on its national debt. French and German financial institutions are...











