Wednesday, September 16, 2015
Starz CEO: What takeover talks really mean
Chris Albrecht did not confirm or deny acquisition rumors but said the company doesn’t need a deal to better position itself.
Here's why the Fed knows better than to hike now
There's one very good reason the Federal Reserve won't vote to raise interest rates: History.
Cramer: FedEx earnings may be bad sign for Fed move
The package-delivery giant posted earnings per share of $2.42, missing estimates.
3, 2, 1 ... Time for Fed blastoff!
Trader Jack Bouroudjian says it's time for the Fed to launch rates—but he makes the case for a "one and done" approach.
Goldman CEO: President Trump idea 'blows my mind'
Lloyd Blankfein says Trump's rise could mean a shift in voter sentiment, according to Dow Jones.
Goldman's Blankfein on Fed hike: 'I wouldn't do it'
Recent economic reports do not give enough reason for the Federal Reserve to increase interest rates, according to Goldman CEO Lloyd Blankfein.
Welcome to the Fed's stock rally
Tuesday's rally could likely be attributed to traders front-running a well-known Wall Street phenomenon: the "Pre-FOMC Announcement Drift.”
Fed should hike rates to 3% all at once: Hedge funder
Mark Yusko, Morgan Creek Capital Management CEO, said Wednesday that the Federal Reserve should raise interest rates to 3 percent in one fell swoop.
When the Fed raises rates, here's what happens
The bull market will stumble, bond yields will climb and the economy will slip into a recession. This we know.
For Fed Chair Yellen, silence is calculated
Has Janet Yellen abdicated leadership or is she exercising a new form of it? What's clear is that the silence is calculated.
Is inflation on its way back to the west?
Shoppers and investors could be hit with higher inflation sooner than they are bargaining for.
Tuesday, September 15, 2015
How fast will the Fed hike rates? Heller weighs in
Former Federal Reserve governor Robert Heller says he "fervently hopes" the U.S. central bank will hit the "lift-off" button this week.
US will get a rate hike tomorrow: UBS Chairman
One former policymaker-turned-bank chairman told CNBC that the U.S's recent positive economic data showed a rate hike was due.
Has the market rallied itself into a rate hike?
The stock market selloff was seen as one reason for the Fed to hold off on a rate hike, but the market is rallying back.
Microsoft raises dividend 16% to 36 cents
Microsoft Corp. last September increased its dividend to 31 cents from 28 cents.
Nine big banks join to form blockchain partnership
Nine of the world's biggest banks have joined forces with tech firm R3 to create a framework for using blockchain technology.
Why's the VIX dropping ahead of the Fed meeting?
Those fears have not gone away. Yet the VIX has been dropping. What does this mean?
Economy on course to grow 1.5% in Q3: Atlanta Fed
According to data on retail sales and industrial output in August, the U.S. is on track to grow 1.5% in the third quarter.
History says stocks can survive Fed rate hike
A Fed hike cycle could cause scares along the way but history says stocks don't go down in a straight line after the Fed moves, USAToday reports.
Fed won't raise rates until Oct or Dec: Insana
Some people think the Fed will start raising rates this week but it's not going to happen, says Ron Insana. Here's why.
Time to retrain? Legal sector faces ‘war for talent’
The legal profession faces a "war for talent" as law firms battle to hire the best staff in the U.K., according to the CEO of the first London-listed British legal company.
China's Citic says GM under investigation
The general manager of CITIC Securities Co Ltd suspected of insider trading.
Can female board members make banks more robust?
Recruiting a greater proportion of women onto boards may lead to more stable banking institutions, a new report from the IMF suggests.
Cramer: How a rate hike could hurt economy
"The areas that are strong in the economy are very rate sensitive," Jim Cramer explains.
Wall Street better prepared for rate hike: Analyst
With the Fed decision looming, most investors are hoping for small ripples in the market. NYT reports.
Why it’s time to go overweight Europe: Markit
Amid a volatile Chinese stock market and fears over a U.S. Fed rate hike, Europe can be great investment, data from Markit shows.
Monday, September 14, 2015
Last look at consumer before Fed meets
After consumer sentiment fell off a cliff, traders are watching to see whether consumers reined in spending in August.
Ex-Wells trader beats SEC insider trading charges
Judge dismisses SEC'S insider trading charges against ex-Wells Fargo trader.
Twitter main website down
Social media platform Twitter's main website was experiencing technical difficulties on Monday afternoon.
Credit Suisse to pay $80M over dark pool: Report
Credit Suisse Group will pay $80 million to settle allegations that it did not disclose how it operated its dark pool, according to a report.
Rate hike to bring relief to Asian markets: Expert
If the Fed raise rates, it will lead to widespread short-covering in the region, JPMorgan's Adrian Mowat says.
Fed 'one and done' is a Wall Street fantasy
This notion that the Fed may hike rates once and then be done for a long time is a Wall Street fantasy, says Michael Pento.
Regulator reaches deal with banks on chat platform
The four major banks in the deal are Goldman Sachs, Deutsche Bank, Credit Suisse and Bank of New York Mellon.
Deutsche Bank to cut workforce by a quarter: Sources
Deutsche Bank aims to cut roughly 23,000 jobs through layoffs and by spinning off its PostBank division.
London is booming, but the FTSE is falling behind
Given how dynamic London has become, it's surprising the stock market is not doing better.
Etsy is about to bring designers and manufacturers closer
Online craft site, Etsy, has unveiled "Etsy Manufacturing": a new service which hopes to connect designers with manufacturers more efficiently.
Five things to know about the Fed raising rates
Here are five things you need to know for when the Fed starts raising rates, which could be this week.
Sunday, September 13, 2015
Here’s what fuelled the China market panic: BIS
The 56 million new trading accounts opened in the first half of 2015 in China will be seen as one of the warning signs of crisis.
Saturday, September 12, 2015
Choosing to leave the U.S. rather than pay taxes
More Americans renounced their citizenship in the first three months of the year than ever before.
Friday, September 11, 2015
Cantor CEO: What really matters to me
"If I didn't have today as Charity Day, I would pull the covers over my head," Howard Lutnick said.
Greek bailout mistakes were made: European FinMins
Greece faces many challenges in implementing its third bailout program, and not all finance ministers agree another bailout is the best solution.
Is tech partying like it's 1999? Not quite
As tech valuations climb, inevitable comparisons to the dot-com bubble are being made. But it's not quite that simple, says PwC's Pierre-Alain Sur.
MtGox founder Karpelès charged with embezzlement
Japanese prosecutors accused Mark Karpelès of misappropriating Y315m ($2.6m) deposited by bitcoin investors, the FT reports.
Big banks in $1.87B swaps price-fixing settlement
The settlement in principle was disclosed at a hearing before U.S. District Judge Denise Cote in Manhattan.
Consumers may have just blocked a Sept rate hike
If there was any doubt beforehand, a key economic number finally may have taken September off the table.
Should you invest like a pension fund?
As investors look for cover in volatile times, opinion about pension fund investment strategies is mixed among experts.
GE seeks sale of asset management arm
GE seeks to sell its asset management arm to an investment management firm, as it continues to make moves to focus on its industrial products.
Thursday, September 10, 2015
Why Fed won't hike in Sept: Strategist
BTIG strategist Dan Greenhaus says he's now changed his mind about a September rate hike by the Federal Reserve. Here's why.
Forget new Apple products—THIS is the issue
These latest Apple products aren't going to be enough to help revenue growth this year, says AlphaOne's Dan Niles.
Bove: Bank of America CEO deserves chairman title
Don't strip Bank of America CEO of chairman title — overhaul the board, says Dick Bove.
Ellen Pao won't appeal in discrimination trial
"I've made an impact. People heard my story. This case has been part of a wave of change that I didn't predict," she said.
Wall St. exec charged with manipulating stocks
Benjamin Wey was arrested Thursday at his Manhattan home. He is the founder and president of New York Global Group.
This market is setting a wild volatility record
A tale of two markets: One that started out 2015 the most boring, transforming to one that has been the most volatile.
GE's Jeff Immelt: China growth fears are overdone
"It used to be easy for everyone in China because it was a macro story; now it's a micro story," Immelt said.
China clamps down on FX deals to stem capital flight
The policy reversal comes after the PBOC drew on its reserves to prevent the yuan falling dramatically, the FT reports.
Lululemon raises forecast as store, web sales rise
Lululemon Athletica reported higher-than-expected quarterly profit and revenue, helped by strong store and online sales.
At your convenience? Store owners working too hard
Rising property prices, the battle with online shopping and long, tough hours are taking their toll on convenience store owners.
Nasdaq chief's IPO boast: Not so fast!
Nasdaq CEO said in July he was delighted to have snared one of the hottest technology IPOs of the year, but the deal was not in the bag.
Wednesday, September 9, 2015
This is what could tip Fed's hand
Traders look past economic reports toward market conditions Thursday in anticipation of a Fed move.
Market volatility is bad for your health
Market turmoil can affect more than your 401K — it can take a toll on your health, says Dr. Florence Comite.
Economist: China situation spells global recession
China has recently experienced excess capacity, two booms, bubbles and busts in housing and stock markets, Citigroup's Willem Buiter says.
Could the market rally its way to a rate increase?
Stock market players are becoming their own worst enemies, buying themselves square into the teeth of a rate increase.
China ripple effect will hurt these currencies
China's yuan has stabilized, but risks remain for China's economy and currencies around the globe, says UBS's Jorge Mariscal.
CFTC probes JPMorgan for alleged client steering
The Commodity Futures Trading Commission is investigating whether JPMorgan is steering its private-banking clients to its own hedge-fund products.
Migrant Crisis: How ordinary people are helping out
Europe’s migrant crisis is intensifying, yet it’s not just politicians calling the shots but everyday people.
Tuesday, September 8, 2015
One eye on China, Street watching the Fed
If stabilization in China holds Wednesday, Wall Street will focus even more on the Federal Reserve's meeting.
Expert: Making an oil call? Wait for this
U.S. crude settled down 11 cents on Tuesday at $45.94 a barrel but has dipped below $40 a barrel in the last month.
Bye-bye branches: Banking hits 'inflection point'
The successful bank of the future will have fewer branches but better branding, according to an analysis.
Buffett: Economy growing steadily but not booming
Berkshire Hathaway's Warren Buffett shares his outlook on the U.S. economy on Tuesday.
Tom Lee: Out of stocks? You may miss out
The best days for U.S. stocks may still be ahead, Fundstrat's Tom Lee says.
Friday, September 4, 2015
Here are 2 potential market movers next week
Big week for China economic data; in the US, analyst conference season begins.
Fed closer to 'monetary Y2K,' but not there yet
Now it's up to the Fed to start sending clear signals to the financial markets regarding its interest rate intentions.
JPM strategist to Fed: Just raise rates
JPMorgan Funds' David Kelly explains why the Fed should just go ahead and raise rates.
Greenspan: The Fed can't solve every problem
If countries don't tackle the problems of fiscal policy, monetary policy will be become irrelevant, Alan Greenspan says.
Fed's Lacker: 'It's time'
"It's time to align our monetary policy with economic progress," the Richmond Fed chief said, adding that the labor market no longer warrants zero rates.
Bridgewater's All Weather Fund slumps in market storm
Ray Dalio's fund slumped in August and some investors blame the strategy of such funds for the volatility that slammed stocks and commodities.
Thursday, September 3, 2015
Most workers actually making LESS than 5 years ago
For all the talk about the 250,000 jobs a month the economy is creating, workers' real wages are going backward.
Stop blaming China—the problem is bigger than that
Everyone is blaming China for the recent stock-market rout. But this is much bigger than that, says trader Brian Kelly.
Why Netflix shouldn't sweat Apple: Analyst
"Netflix has a sustainable competitive advantage that can be defined in two things," Youssef Squali says.
These hedge funds prospered in market tumult
Not all hedge funds are getting crushed in the recent downturn, some are even prospering, the New York Times reports.
Cramer: American companies in trouble again
"This is a level at which American exporters are saying 'Are you kidding me?'" Jim Cramer says about the euro.
Leon Cooperman: This is to blame for market selloff
Omega joined the growing chorus of investors blaming last week's stock market sell-off on trading strategies pioneered by funds like Bridgewater.
China slowdown not a surprise: SocGen CEO
China's recent slowdown is "not a surprise," Frederic Oudea, CEO of Societe Generale, told CNBC on Thursday.
Wednesday, September 2, 2015
Firm part-owned by Jack Ma fined in China stock probe
A Chinese stock trading platform part-owned by Alibaba's Jack Ma was slapped with fines by regulators late Wednesday.
September rate hike not off the table. Here's why
Beige Book report was filled with commentary that is mostly positive on the US economy.
Economist: Why US economy is torn right now
The U.S. economy is being pulled in opposite directions by two factors, Pimco's Joachim Fels said.
Puerto Rico electric utility, bondholders have deal
The Ad Hoc bondholder group, which holds around 35 percent of PREPA's outstanding bonds, agreed to the deal.
Argentina orders HSBC unit to name new president
Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours.
Tuesday, September 1, 2015
Don't blame everything on China
We have what traders call "degrossing," where participants are simply taking down overall exposure a bit.
Volatile market crosses into a 'different world'
A market priced for perfection will start to wilt when investors realize things aren't particularly perfect.
Fed's Rosengren: Job target for hike 'largely' met
The jobs target needed to raise interest rates has "largely been met," but other metrics are unclear, the Fed's Eric Rosengren said.
What to do when the Stock Exchange calls on Rule 48
The NYSE invoked the largely unknown Rule 48 four times in the past week. Here's what the market usually does in response.
China regulators have 'suggestions' for corporations
Four Chinese regulatory agencies have issued a joint statement "encouraging" listed companies to take action to shore up their shares.
Greenlight Capital down 14% for year; Einhorn acts
Einhorn wants to know what his investors think about his hedge fund, the nearly $11 billion Greenlight Capital. NYT reports.
BofA proposal makes mockery of oversight: Mayo
BofA's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.
Calpers, Calstrs oppose CEO-chairman role at BofA
Two public pension funds oppose an amendment of bylaws at Bank of America that would allow Brian Moynihan to continue as both CEO and chairman.
Monday, August 31, 2015
Only the Fed can crash Wall Street
Through its control of American interest rates, the Fed exercises a decisive influence on dollar-denominated asset valuation models.
Tech stock correction stirs growth vs. value debate
With shares of large-cap tech companies in correction territory, value and growth investors debate good buys.
Bullish day traders could signal bad stock omen
Day traders took a decidedly bullish stance through leveraged ETFs last week, and that could point to more volatility.
Strategist: Here's what to do amid this volatility
"The environment we've been in over the past five years has not been normal," David Lebovitz says.
8 market superstitions: Should you be afraid?
As traders brace for September, Turney Duff takes a look at some market superstitions—and whether or not you should be afraid.
September shaping up as Fed's worst nightmare
The date for liftoff will matter, particularly if the central bank moves in a month that's likely to be highly volatile.
Cramer: THIS is not clear to me
“The carnage has been incredible and we keep acting in this ‘wait until you see what happens’ mode," Jim Cramer says.
Here's why the bears haven't left the zoo yet
There are still plenty of bears betting that that rally will have trouble sustaining itself in early September.
Analyst: Bank of America needs to do this
Bank of America shareholders should split the chairman and CEO positions, CLSA analyst Mike Mayo says. Here's why.
Paypal seen rising 40% from lows: Report
PayPal could rise 40 percent to $46 a share if it succeeds with investments tied to payments systems innovation, the Aug. 31 edition of Barron's said.
Fed shouldn't pull trigger in September: Mobius
Veteran fund manager Mark Mobius says the U.S. economic recovery isn't durable enough to warrant a rate risk in September.
Saturday, August 29, 2015
'Good reason' to see higher US prices: Fischer
Inflation pressure in the U.S. economy is likely to rebound, paving the way for tighter rates, a top Fed official said.
Friday, August 28, 2015
CIO: Fed has enough evidence to raise in September
Market volatility aside, the economy is getting stronger and that will give the Fed fodder to hike this year, two strategists said on Friday.
Investors have been making a mad dash to cash
This has been the scariest week in stock market history, at least by one significant measure.
Fed's Fischer: Too early to decide on Sept hike
Fed Vice Chairman Stanley Fischer conceded that the recent market volatility will affect the Fed's decision making.
Are hopes for an oil bounce short lived?
As oil slumps back into the red, analysts suggest this isn't the time to get positive on the sector.
Cramer: If this doesn’t close up, we’re in trouble
CNBC's Jim Cramer explains why investors should keep an eye on this stock.
1MDB sparks political crisis, protests in Malaysia
CNBC looks at what the 1MDB scandal means for the outlook for the ringgit, the economy and the country’s political landscape.
Havas CEO: We are gaining market share in China
CEO of French advertising agency, Havas, has said the group is seeing strong demand in China.
Stock funds post the biggest outflows of 2015
Investors in U.S.-based funds pulled $17.8 billion out of stock funds in the week ended Aug. 26 after a plunge in the stock markets.
Fed's Kocherlakota: 2015 rate rise not appropriate
Forget a 2015 rate hike, policymakers may have to consider further quantitative easing, Minneapolis Fed's president says.
We're not done with volatility: Strategist
The market selloff hasn't run its course, even with two-straight trading sessions ending sharply higher, Jason Trennert warns.
Trichet: THIS is what scares me about the markets
"We are experiencing the new behavior of the highly interconnected global system," said the former ECB head.
Thursday, August 27, 2015
France must accelerate reform pace: Business leaders
Aside from China, European business leaders are also concerned about rumblings in an economy closer to home.
Pisani: Stock rally comes ridiculous drama
Today the Dow went up 2% in the last 45 minutes. THAT is ridiculous.
Protesters ask Fed to delay at Jackson Hole summit
As the Fed's annual policy summit kicked off Thursday, protesters urged the central bank to delay an interest rate hike.
Fed needs to make a move: Ablin
It's not 2008 anymore (when the Fed set its current target for rates). Time for the Fed to normalize rates, says Jack Ablin.
Carnage made these tech stocks cheap, says analyst
Facebook, Amazon and Google are in the top 5, but instead of Netflix, he's eyeing Alibaba and Priceline.
Here's how to trade next time NYSE invokes Rule 48
The NYSE invoked the largely unknown Rule 48 three times this week. Here's what the market usually does in response.
China's 'QT' is the real global economic threat
Investors agonizing over how big a threat China poses to the global economy may be looking in the wrong place.
China's latest counterfeit victim? Goldman Sachs
One Chinese financial leasing company isn't as connected with Goldman Sachs as its name implies, the Financial Times reports.
Strategist: We're making a bottom, but ...
"Nothing's been truly resolved here," Barclays' Hans Olsen says.
Business as usual? How CEOs are coping with China
China might be rattling global markets at the moment, but not all business leaders thinks it's about to drag the world's economy into another crisis.
Wednesday, August 26, 2015
BlackRock buys ‘robo-adviser’ to woo Millennials
BlackRock has bought a "robo-adviser" that crafts automated portfolios in the hope of winning Millennial clients, the FT reports.
5 big stocks thrive in corrections
Each of these stocks have posted average gains in the five corrections prior to the current one. USA Today reports.
BNY Mellon has calculation problems: Report
BNY Mellon has been experiencing problems with how the net asset value of funds is being calculated, according to people familiar with the situation.
The Fed needs to come clean on rates
The Fed needs to stop this cat-and-mouse game and just say it isn't raising rates anytime soon, says Carol Roth.
Seven reasons why the market has gone totally nuts
There have been so many factors influencing the market's twists and turns now that it's easy to lose count.
Stock market just called the Fed's bluff
Look for the Fed to back away from rate hikes in the next few weeks, says Michael Pento.
Fed's Dudley: Sept rate hike looks less compelling
"The decision to begin the normalization process at the September FOMC meeting seems less compelling to me than it was a few weeks ago," he said.
Cramer: Markets should behave now
Despite Tuesday's plunge less than an hour before the closing, Cramer said that a few factors could make for more stable markets on Wednesday.
Why Schlumberger deal works: Analysts
Schlumberger's $14.8 billion acquisition of Cameron International is a good deal for both parties, two analysts say.
The Fed should still hike rates in September
When the market expects the Fed to do something that is inevitable, the Fed should do it ASAP, says former Wells Fargo CEO Richard Kovacevich.
Experts: Here's what happened on Tuesday
"People are fleeing stocks under the 'spook' factor," one expert says.
Betfair and Paddy Power in $7.8B merger talks
Online gambling company Betfair and rival Paddy Power said they had reached an agreement in principle on a merger.
Tuesday, August 25, 2015
Yellen, other big names, no shows in Jackson Hole
The Fed's annual powwow in Jackson Hole, Wyo. is expected to be sparsely attended by monetary policymakers, USAT reports.
Pisani: New factor causing problems for markets
Stocks are in strange, uncharted territory. By every measure of market sentiment we should have had a bounce Tuesday.
'Weeks or months' before volatility settles: Expert
Investors looked for answers after a steep negative stock market reversal, the worst since October 2008.
Traders spooked after head fake rally, eyeing Fed
Wednesday's markets are largely expected to take their cue from China.
How the stock rout could make VC more cautious
Industry veterans weigh in on why the stock market correction could impede young companies.
Market psychology: Smart people make dumb mistakes
People need to take emotions out of decision making during turbulent times, psychologist Jeffrey Nevid cautioned.
Look here: That last hour of trade was a doozy
The Dow not only gave back all of its session gains in the last hour, but it also ended down 204.91 points.
Much of Wall St still believes in Sept rate hike
If it's true that the market hates uncertainty, than the Federal Reserve is on its way to becoming public enemy No. 1.
That currency hedge craze is getting hammered
One of the year's most popular trades is losing steam as the currency landscape suddenly looks a lot different.
Five Fed banks renew calls for discount rate hike
Five Fed banks renewed their calls in July for the central bank to raise the rate it charges commercial banks for emergency loans.
Did stocks hit bottom? Your 8-point checklist
Stocks rallied after a string of brutal sessions, but one strategist believes more pain could come before a bottom.
Expert: China cut means nothing; QE by PBoC coming
John Rutledge of Sanafad said the PBoC's rate cut means nothing for the Chinese economy, and here's why.
Cramer: What China rate cut means
“This may represent a more serious attempt by the Chinese Communist Party to put people to work,” Jim Cramer says.
Fed will ease, not tighten: Bridgewater's Dalio
The "next big Fed move will be to ease via QE rather than to tighten," the Bridgewater Associates founder said.
This Dow Theory 'sell' sign could be trouble
Traders were ready to shake off the detritus of Monday's market plunge, but some worried the good times wouldn't last.
Why the market got over 'Black Monday': UBS
With no fresh economic data to justify the slide, Monday's selloff reeks of automatic trading points being triggered, says UBS's investment chief.
Traders renew bets on US rate hike in 2015
The move by China to cut interest rates may have just reaffirmed trader confidence that a U.S. rate hike is coming in 2015.
Dementia a 'trillion dollar disease' by 2018: Report
Annual economic and societal costs for dementia will rise to $1 trillion by 2018, posing serious challenges for governments.
Nasdaq CEO: Here's the circuit breaker conundrum
As volatility within global equity markets has spiked, the discussion about circuit breakers has taken center stage.
Best Buy shares soar 11% after earnings easily beat
Best Buy delivered quarterly earnings and revenue that topped analysts' expectations on Tuesday.
Bob Doll: 50% chance we’ve hit market bottom
There is a chance the bottom's in. I'm not going to say it's 100 percent but I can say its at least 50," Bob Doll said.
Monday, August 24, 2015
Pisani: Stocks' dramatic slide hits ETFs
There was, for lack of a better word, "pricing havoc" in some ETFs.
CalSTERS CIO: We’re going to ride this out
The market's selloff was "choppy seas" for the long-term investor, the CIO of the nation's 2nd-largest pension fund said Monday.
Anatomy of '1,000 flash crashes': What went wrong
Monday's market action was bound to be messy, but it was made even worse by a major technical pile-up.
Is bearish Apple a buy? Traders weigh in
After CEO Tim Cook says Apple's doing fine in China on Monday, traders explain why they recommend buying the stock.
Trader: Looking for opportunity? Try these
Bill Nygren says there are some big household names that are really attractive today.
What Bill Miller is buying in market selloff
Legendary investor Bill Miller is "definitely" buying right now. Here's what's on his shopping list.
BlackRock's Rieder: 'Window is closing' on Fed
BlackRock's Rick Rieder believes that the window for the U.S. Federal Reserve to raise interest rates is closing.
Turn those presses back on! QE4 talk kicks in
Chatter about what the Fed's next steps will be has shifted from when it will hike to when it will offer stimulus.
Barclays: Fed unlikely to hike before March 2016
The Fed's first rate hike is likely to occur in March amid financial volatility and uncertainty in EM, according to Barclays.
Cuban: China made biggest mistake investor can make
Entrepreneur and investor Mark Cuban explains what's happening, and what investors should do.
Searching for strength in the market? Look no more
As investors digest the market's wild swings, they continue to search for pockets of strength. This might help.
Cramer: We should focus on Apple
A note from Apple's Tim Cook sheds light on just how important China is for the market rout, CNBC's Jim Cramer said.
Bove: Liquidity posing 'massive' market danger
The analyst said he hopes buyers step in to stem the damage. Otherwise, the consequences could be severe.
Here's a brief review of the stock circuit breakers
In 2012, the SEC revised the system-wide circuit breakers that would halt the broad market under times of severe stress.
One of Wall St's biggest bulls throws in the towel
For years, Piper Jaffray has been one of the biggest bulls on Wall Street, and with good reason.
The only thing that can save this market
The Fed can't save this market. Here's the only thing that can, says trader Brian Kelly.
#BlackMonday, market selloff take over Twitter
As the markets continued to suffer losses early on Monday, Twitter has erupted with ominous hashtags that could be a preview of the U.S. open.
Don't get too crazy about this selloff: Analyst
Matrix Asset Advisors' David Katz explains why investors should not be too panicked about this current market meltdown.
US 10-year yield to hit 1.75%: Analyst
Investors will look for a safe haven amid the recent volatility in U.S. bonds, Mark Grant said.
Sunday, August 23, 2015
A perfect storm, but traders eye oversold bounce
Two events have occurred in the last two weeks that have added to the anxiety of traders.
Next euro zone fight: France vs. Germany on tax
Are French Socialists becoming supply-siders, and swapping economic gurus in the process? And how will Germany respond?
Mohamed El-Erian: Selling not over yet
This is what we need for the selling to be over, Mohamed El-Erian said.
Friday, August 21, 2015
Dow hits correction for first time since 2011
The Dow entered correction territory Friday amid global growth concerns and continuous selling in the oil market.
Cramer: We need leadership now
As the market rout continued Friday, CNBC's Jim Cramer said this is the time for American leadership to step up.
Could Russell correction signal more losses ahead?
Two investment strategists are pointing to THIS as a possible canary in the coal mine for U.S. equities.
Why have stocks dived this week?
Everyone is lamenting the global decline in stocks, but much of the damage has occurred in only the last couple weeks.
This Fed failure hurting stock market: BlackRock
Uncertainty about what a Fed rate hike would mean is weighing on the stock market, BlackRock's Peter Fisher tells CNBC.
Here’s oil’s biggest problem: Kilduff
Again Capital's John Kilduff explains what he thinks is the oil market's biggest problem.
Are all millennials scared to own a home?
Buying a house is undoubtedly a big commitment and, until now, seen as an integral part of growing up. However are millennials too apprehensive to buy?
Relax, we're about to hit bottom in stocks: Analyst
The market knifed through the July support Thursday, Jeffrey Saut of Raymond James told CNBC, "so today it feels like capitulation."
Thursday, August 20, 2015
The power of the pop-up
Pop-up comes in all shapes and sizes, yet while each “finite” business may have a fleeting lifespan; the trend is gaining traction on a massive scale.
StanChart led group puts $207M in China's Dianrong
A Standard Chartered-led consortium has invested $207 million in Chinese peer-to-peer lender Dianrong.
A huge market measure is at a 7-year low
One development has loomed as a marked positive: Declining correlation between individual stocks and sectors.
Baby Boomers ready to sell biz to next generation
"We're seeing the most sales activity we have in decades, and a high percentage are baby boomers," the NYT reports.
The Fed rate hike speculation is getting crazy
A growing consensus of market experts believes the central bank will increase rates in September. Traders tell a different story.
Fear and loathing on trading desks
Traders are worried collateral damage from global market weakness.
Cramer: THIS is the stock to watch
CNBC's Jim Cramer explains why investors should watch THIS stock in Thursday trading.
Case for Fed to rip rate Band-Aid: Bond investor
The Fed should increase rates because it won't hurt the economy and the markets are ready, says a credit specialist.
Fed's Williams: Rate hikes to pop bubbles 'costly'
Raising interest rates is an effective way to cool off a housing market that is too hot, a top Federal Reserve official said.
Why the Fed might still hike rates in September: Citi
The Fed’s July minutes might have tweaked expectations for a rate hike but, as they are digested, some argue the Fed is still on track for September.
Co-op Bank won't make profits for some time: chief
UK bank suffered a near trebling of first-half losses amid a major restructuring and a battle with legacy issues, the Financial Times reports.
Wednesday, August 19, 2015
Pisani: Markets hinge on this, not Fed minutes
Volume may have been heavier than normal, but there still wasn't enough to rally the troops significantly.
Chair Yellen, please take your victory lap!
The Fed minutes showed the central bank can and should raise rates in September, says trader Jack Bouroudjian.
Odds of Sept rate hike decline after minutes
The likelihood of an interest rate hike in September fell after Wednesday's release of the latest Fed minutes, RBS said.
Fed may have just gotten a red light for rate hike
The central bank got a little more breathing room Wednesday from the push to raise interest rates in September.
Cramer: No to the Sept. hike for this reason
On Wednesday, CNBC's Jim Cramer stuck to his position that a September interest rate hike is a bad idea due to a still weak recovery.
More signs global commodity slowdown's here to stay
The news in the commodities business is not showing any signs of improving following Glencore's report of a first-half loss.
Citigroup to return $4.5M more in fee overcharges
The Citi unit previously agreed to return $16 million to more than 31,000 customers for overcharges.
Tuesday, August 18, 2015
Gundlach: Rate hike is a 'bad idea'
Jeffrey Gundlach warned that it might be difficult for the Fed to raise interest rates with junk-bond prices near four-year lows.
These four political problems could derail market
Donald Trump's raucous presidential campaign won't be the only thing lighting the political fires this fall.
Retail winners and losers this earnings season
We are in the meat of earnings season for retailers, and there are very clear winners and losers emerging.
Fed official: No evidence QE boosted economy
The central bank is putting some of its post-crisis actions under a magnifying glass and not liking everything it sees.
Cramer on housing: 'We are so back'
Positive U.S. housing data on Tuesday had CNBC's Jim Cramer excited about the future of the sector and retailers that rely on it.
Carlyle considers shutting $4B credit hedge fund
Carlyle is considering shutting its $4bn credit hedge fund Claren Road after investors asked to pull almost half of their money out.
Monday, August 17, 2015
Pet store operator Petco files for new IPO
Petco plans to go public again almost nine years after two private equity firms bought the pet store operator.
What China's yuan move means for emerging markets
China's move to devalue the yuan will impact emerging markets in several ways and investors should beware, says UBS's Jorge Mariscal.
Robert Kaplan named president of Dallas Fed
The Dallas Fed named former Goldman Sachs executive Robert Steven Kaplan its president on Monday, effective in September.
PayPal exec: What overseas shoppers really want
Cross-border shoppers spend twice as much as domestic shoppers, says PayPal VP Dan Leberman. Here's what they want.
US economic growth gauge takes a tumble
The Atlanta Fed's tracking tool, which has been a reliable rule of thumb, indicates Q3 advancement of just 0.7 percent.
Americans waiting longer than ever to buy homes
The typical first-timer now rents for six years before buying a home, up from 2.6 years in the early 1970s.
Cramer: Investors will love Amazon more now
After an NYT article described Amazon as a "bruising place to work," Jim Cramer said investors will love the stock more.
Citi affiliates to pay $180M to settle charges
The SEC announced Monday that two Citigroup affiliates agreed to pay almost $180 million to settle charges they defrauded investors.
Popular case for rate hike is nonsense: Ex-Fed gov
Here's why the Fed may have missed its window for an interest rate hike, according to former Fed Gov. Larry Lindsey.
Airbus secures its biggest deal ever
Airbus has finalized the aerospace company's biggest order after it inked a $26.5 billion deal with India's popular budget airline, IndiGo.
Sunday, August 16, 2015
Could 'boot camps' replace MBA programs one day?
Short-term, skills-based courses offer a new model for students seeking an edge in the business world.
Friday, August 14, 2015
Alleged 'flash crash' trader out on bail
A British court has granted bail to the financial trader accused of contributing to the 2010 Wall Street "flash crash."
Fidel Castro's biggest financial regrets
In the 1980s, the Cuban strongman revealed rare repentance when seeking help for the country from a U.S. banker.
Money flees US stocks at highest level since 1993
The flight of investor money from U.S. stocks has turned into a stampede.
That CEO makes HOW much? Voters want to know
Politicians may not like the new rule requiring disclosure of the gap between executive and employee pay, but voters sure do.
Precious! Architects plan a $2.9B Lord of the Rings city
A group of UK architects hope to raise $2.89 billion to create a life-size replica of the Minas Tirith city, which featured in "Lord of the Rings".
Why Wall Street loves Trump
Wall Street loves a circus and Donald Trump just brought it to town! Turney Duff explains this strange love affair.
China puts Fed in 'awkward' spot: Ex-Fed's Fisher
China's currency devaluation shouldn't be an excuse to delay raising U.S. interest rates, former Fed member Richard Fisher says.
A day later, Tesla raises share offering to $642.5M
Tesla Motors said it was looking to raise about $642.5 million through a share sale, above the $500 million it announced on Thursday.
Thursday, August 13, 2015
Goldman Sachs buying GE unit's deposit platform
Goldman Sachs Bank USA, a unit of Goldman Sachs, has agreed to buy GE Capital Bank's online deposit platform.
The junk bond market 'is having a coronary'
Economist David Rosenberg says high-yield bonds, specifically, are often seen as an effective proxy for movements in the equity market.
Cramer: Retail's growing pains
Though retail sales posted a higher-than-expected number, Jim Cramer isn't impressed with most retail earnings reported this week.
Confessions of an overseas banker
Here's why New York executives will do ANYTHING to snag a trip to Asia, says @GSElevator mastermind John LeFevre.
Why Kohl's problems are typical of retail
Kohl's is emblematic of the problem with retailers: shifting consumer tastes with no clear path to revenue growth.
News Corp profit beats as cost cuts pay off
News Corp. reported a better-than-expected quarterly profit on Wednesday, helped by cost cuts in its news and information services businesses.
Wednesday, August 12, 2015
Why did China weaken the yuan? Our charts explain
The U.S. dollar is up 20 percent over the last year. That's not good for Chinese exporters.
CEOs need 'healthy paranoia' of activist investors
CEOs who aren't already thinking about their companies as potential targets for activism should develop a "healthy paranoia," says Don Duffy.
Market changes mind, again, about rate hike
In the course of just a couple of days, things have gotten a lot more complicated for the Federal Reserve.
Cashin: These are Wall Street's real China concerns
China's decision to devalue the yuan keeps weighing on the markets, and Wall Street is worried, Art Cashin says.
McCulley to Fed: No more excuses, declare victory
The Fed needs to stop looking for reasons to avoid hiking rates, Paul McCulley, ex-Pimco chief economist, tells CNBC.
Cramer: Why China had to devalue the yuan
The yuan’s fall continued to weigh on global investment markets.
Retail sales: You can't blame it all on China
Macy's and Fossil can't blame disappointing earnings and guidance on China or Brazil. But they tried.
Can luxury brands afford a devalued yuan?
As China’s central bank devalues the country’s currency for the second time in two days, one sector is expected to be hit the hardest: luxury.
Earnings miss 'a tough one': Macy's CEO
Macy's delivered quarterly earnings and revenue that fell short of analysts' expectations.
Fed's Dudley: Policy alone can't solve labor market
New York Fed President William Dudley addressed structural U.S. labor problems and China's yuan devaluation Wednesday.
Fidelity National to buy SunGard in $9.1B deal
Payment services provider Fidelity National Information Services said it would buy financial software maker SunGard Data Systems for $9.1 billion.
S&P may cut Buffett's Berkshire on Precision deal
Standard & Poor's said it may downgrade Berkshire because it plans to spend a lot of cash to finance its $32 billion Precision Castparts purchase.
Moody's cuts Brazil rating to near-junk status
Moody's cut Brazil's credit rating to near-junk status on Tuesday but said the country's coveted investment grade status is safe for now.
Tuesday, August 11, 2015
CBA sets $3.7B rights issue as annual earnings rise 5%
CBA set a $3.65 billion rights issue as its annual profit met expectations, completing Australia's "Big Four" lenders' fundraising round.
Wells Fargo may sell crop insurance business
Regulatory challenges may push Wells Fargo to divest its crop insurance business, one of the biggest in the U.S.
Cashin: 2015 hike is still out of the question
Art Cashin of UBS is sticking by his call that the Fed will not raise rates in 2015, after China's currency move.
This is 'more damaging...than the Great Recession'
It's been the economy's dirty little secret even as forecasters project breakout growth that never seems to come.
Analyst: There's concern about Apple, but ...
Roger McNamee explains why Apple's stock remains a good buy despite the negative sentiment surrounding it.
Google/Alphabet crashes into trouble...with BMW?
"We are not planning to sell the domain," said Micaela Sandstede, a BMW spokeswoman in Munich.
Why China has big influence on US stocks
The global economy and global investing are very intertwined.
Gross fund doing well, still seeing outflows
Investors continue to pull money out of Bill Gross' new bond fund, though the exodus slowed somewhat in July.
Commodities hit by China's currency devaluation
Oil, copper and aluminum all sank after China devalued the yuan by almost 2 percent.
Cramer: Here’s why Google’s reorganization matters
CNBC's Jim Cramer likes Google's reorganization plans.
‘Britain’s only desert’ is up for sale for $2.3M
For the country where it always rains, it may seem bizarre to many that the U.K. even has a desert, let alone that it’s up for sale.
Symantec to sell Veritas unit to The Carlyle Group
Symantec on Tuesday announced plans to sell its information management business, to an investor group led by The Carlyle Group for $8 billion.
Co-Op Bank escapes fine for past failings
Co-operative Bank will not be fined for failings which helped push the bank to the brink of collapse before it was bailed out.
Monday, August 10, 2015
Behind the surge in products for millennials
There's a lot more likely IPOs on the way for the fall that want to get in on this trend.
It's on! Silicon Valley going after Wall Street
Silicon Valley is taking on Wall Street right where it lives: in financial services.
Apple bears beware, iPhone sales may grow: Analyst
Sanford C. Bernstein tech analyst Toni Sacconaghi explained why he remains bullish on iPhone sales.
Lockhart: Fed 'close' to hiking interest rates
Economic conditions in the United States have largely returned to normal, a top Fed official said.
Europe cries over spilled milk as low prices hit farmers
Cheap milk in the supermarket may be a bonus for consumers, but farmers aren’t thrilled.
Why China rallied despite dismal economic news
Stocks sank in Hong Kong because the market reacts to economic news. The mainland China market reacts to news and rumors of additional stimulus.
Cramer: Here's what I think about NFL-Twitter deal
“There are a lot of reasons to own Twitter that have to do with what could possibly go right," CNBC's Jim Cramer said.
Friday, August 7, 2015
Why long-term interest rates are falling
The solid jobs report boosted expectations of a Sept. rate hike. Yet long-term rates are...falling? "Fast Money" trader Brian Kelly explains why.
Executives need to start taking maternity leave
High five to Netflix for 1-year paid maternity leave! But now, executives need to start taking it—to set an example, says Jennifer Owens.
Europe lower; US jobs post solid gains
European markets continued to trade lower on Friday as investors digested the latest U.S. jobs report for July.
Futures move to September rate hike
Futures are now pointing to a 55 percent chance of a September interest rate hike, RBS said on Friday.
‘No value left’ in high yield market
There’s ‘no value left’ in the ‘totally illiquid’ high-yield market, one investor has told CNBC.
Does the Coke bottler deal mean inversion's back?
A crackdown to stop U.S. businesses pursuing takeovers to avoid tax was dealt a rebuke following two deals, the FT report.
Thursday, August 6, 2015
Startup founders demonstrate their worth
Startup founders met hundreds of potential investors at Singapore's Demo Day, the finale of a 3-month "boot camp" for new financial technology companies.
Cramer explains what happened to Fitbit stock
CNBC's Jim Cramer discusses why Fitbit's stock sank despite a beat on the top and bottom line on Wednesday.
JPMorgan to move 2,150 jobs to NJ from NY: Report
JPMorgan Chase will move more than 2,100 jobs from Manhattan to New Jersey to benefit from an incentive program offered by the state of New Jersey.
Wednesday, August 5, 2015
ANZ unveils $2.2B raising to meet tougher capital rules
ANZ said it will raise $2.2 billion in a share sale, the latest move by Australia's big lenders to boost capital ratios in the wake of tougher regulation.
He said what? Challenging stereotypes at work
If you think it's difficult for women at work, it's even harder for multicultural women, says Subha Barry.
An emerging market star loses some of its shine
Growing political uncertainty is taking a toll on Turkey's economy, making investors increasingly cautious.
Amplify IPO: $1 billion popcorn company
Of course, the popcorn matters, but it's really more about the branding and the relationship of the customer to the product.
Italy’s luxury firms set their sights on China
Two of Italy's leading consumer brands have set their sights on China after revealing strong first-half figures for 2015.
Apple in rare territory. Time for a bounce?
Apple has only fallen to its current range seven times since 1990. Each of those instances was followed by a move higher.
Fed's Powell: Not decided on September rate increase
The Fed governor said the labor market is strong, but he has not made up his mind yet on whether interest rates should be raised next month.
Standard Chartered halves dividend, may hike capital
Standard Chartered halved its dividend and said it would raise capital from investors if needed..
Tuesday, August 4, 2015
Does Apple's weakness spell market trouble?
The world's most well-known tech name, Apple, is in a short-term downtrend.
Taxing Wall Street won't work. Here's why
Free college tuition for all is an admirable goal, but taxing Wall Street for it won't work, says this HFT advocate.
Nasdaq reports dark pool trading facility outage
Nasdaq has reported two outages of its Trade Reporting Facility (TRF) Tuesday.
Fed's Lockhart: September rate hike 'appropriate'
The Fed's Dennis Lockhart says only a "significant deterioration" in momentum could persuade him to vote to wait longer for a rate hike.
How big data is transforming real estate
Here's how big data is changing the real estate industry, from finance and insurance to daily transactions.
HSBC names new global chief economist
HSBC said Stephen King had decided to take the role of senior economic adviser after 17 years with the bank.
Cramer: There is hope for Coach
It's not all doom and gloom for luxury goods maker Coach, CNBC's Jim Cramer says.
Monday, August 3, 2015
'Should be more consolidation in banking': Thain
CIT Group CEO John Thain discusses acquiring OneWest Bank and what that might signal for consolidation in banking.
Luxury stocks, already cheap, get even cheaper
The luxury markets worldwide are under pressure again.
AIG raises dividend as earnings beat estimates
AIG reported second-quarter earnings of $1.39 a share on Monday, beating estimates of $1.22 a share.
RBS sale means privatization, taxpayer loss
The sale of Royal Bank of Scotland shares marks the UK's biggest privatization move, The Financial Times reports.
Cramer: Ford's stock needs int'l boost to move
Despite Ford's strong auto sales in July, the stock will not move because of the company's international markets, CNBC's Jim Cramer said on Monday.
Don't blame regulation for bond market woes: Powell
Fed Governor Powell spoke at a panel on US bond market structure at the Brookings Institute in Washington.
Odds of a September Fed rate hike at 55%: JPMorgan
"I think the Fed is going in September," JPMorgan economist Bruce Kasman tells CNBC, but bonds may signal a later move.
Goldman raises top range for potential legal costs
Goldman Sachs raised the estimated upper end of the range of possible legal costs to $5.9 billion from $3.8 billion in a filing with the U.S. SEC.
Goldman tentatively agrees to settle suit: Source
Goldman Sachs has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.
Sunday, August 2, 2015
Under-fire Noble brings forward Q2s amid stock rout
Noble said it has been approached for financing and investment options and refuted rumors it would not be able to fund a $735M bond redemption.
Saturday, August 1, 2015
Einhorn's Greenlight sees red in July
David Einhorn struggled in July, with his flagship Greenlight Capital LP fund dropping 6.1 percent, according to a source.
Third Point's Loeb: We're the good guys!
Amid solid July returns, Third Point's chief defended shareholder activism.
Friday, July 31, 2015
Bullard: Fed 'in good shape' for Sept rate hike
New data has St. Louis Fed President James Bullard confident in a September hike, according to the Wall Street Journal.
Possible Bloomberg 'slayer,' but CEO resists label
Symphony's CEO David Gurle plays down talk that his company could be the one to topple "The Bloomberg."
Facebook: Drone ready for testing later this year
The plane will weigh about 880 pounds (400 kg), said Yael Maguire, the company's engineering director of connectivity.
Here’s the big problem with LinkedIn: Analysts
Evercore's Ken Sena and Citi's Mark May explain why LinkedIn's stock is down despite its latest earnings beat.
Fed's trillions haven't helped worker paychecks
The central bank printed $4.5 trillion and all we got was a lousy 0.2 percent wage increase.
Oil prices could be as low as $50 by 2020: Goldman
The price of oil could be stuck firmly at around $50 a barrel by 2020, a Goldman Sachs analyst told CNBC.
High-end cycling chain Soulcycle files to go public
SoulCycle, the high-end indoor cycling chain, is gearing up for Wall Street.
China stocks post worst monthly loss in 6 years
After more than doubling in a year, China's stock markets fell into a savage correction in mid-June.
Thursday, July 30, 2015
How this Fintech startup is plugging the SME funding gap
Singapore-based Fintech start-up ApexPeak is set on resolving the funding gap faced by SMEs worldwide.
Odds of rate hike this year very slim: Gartman
Dennis Gartman says the odds of a rate hike this year are very slim.
This one word could hold key for Fed's rate move
Investors hungry for clues about when the Federal Reserve is going to raise rates are looking for, well, anything.
There is no liquidity problem in bonds: Volcker
Former Fed Chairman Paul Volcker shared his thoughts on the liquidity of the bond market.
GDP mediocre, but Fed will raise anyway: Boockvar
The Lindsey Group's Peter Boockvar shares his views on the Fed and the latest GDP data.
Gross: Low rates are the problem, not the solution
"Money for nothing" interest rate policies have failed, the bond guru said in a broadside against global central banks.
Cramer: Fed is right to hold firm on rates
Cramer says consistently mixed data, in addition to weak global growth, are good reasons why the Fed is holding firm.
'Misguided' banks need internal reforms: Report
A group of influential financial minds is calling on banks to reform their internal culture and meaningfully punish wrongdoing.
Lufthansa profits take off despite strikes and crash
Deutsche Lufthansa AG post better-than-expected Q2 earnings, in spite of the Germanwings crash and labor disputes.
Wednesday, July 29, 2015
Dear, Janet: What's the hurry?
What's the harm in waiting six months to raise rates? asks "Fast Money" trader Brian Kelly.
Yelp: The 'unicorn bubble' hurts our business
This is the first time that a public company has said the unicorn bubble is impacting its business, Re/code reports.
Pisani: Fed signals Sept hike still on the table
The Federal Reserve upgraded its assessment of the U.S. economy.
Oil stocks rally after inventory data
A large draw down in crude inventories has taken everyone by surprise.
Not yet: Fed keeps interest rate pedal on zero
The Federal Reserve both declined to raise interest rates and provide any clues about when a hike is on the way.
Here's what changed in the new Fed statement
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on June 17.
No green light for Fed yet: Former Fed gov
Former Fed Governor Mark Olson says a zero-rate environment is not something the central bank should continue to maintain.
Dick Bove: BofA price to double, here's why
Despite its myriad troubles and doubters on Wall Street, Bank of America has a friend in Dick Bove.
Bove: Moynihan is right guy for Bank of America
Despite recent management changes, Brian Moynihan is the right guy and Bank of America is the right stock, says Dick Bove.
Cramer: Twitter had an ‘existential crisis’ quarter
Cramer made his remarks after the company reported quarterly profits and revenues.
Poll: When will the Fed raise rates?
The Fed meets Wednesday, with the market pricing in zero chance of a rate hike. What do you think?
Chemicals firm Cytec snapped up for $5.5B
Belgian chemical group Solvay will buy U.S. peer Cytec for $5.5 billion to boost its presence in lightweight composites for planes and cars.
Tuesday, July 28, 2015
Pressure mounts on India state lenders as bad loans pile up
Three of India's leading state-run lenders reported a drop in their first quarter net profits, weighed down by rise in provision for bad loans.
I’m investing here, avoiding this: Leon Cooperman
Leon Cooperman wouldn't be buying energy stocks aggressively, but here is where he is putting his money.
Pisani: Shark Tank's Kevin O'Leary's new ETF
O'Leary's ETF invests in quality stocks that pay dividends
China not a major factor for Fed: Richard Fisher
Here's why former Dallas Fed President Richard Fisher doesn't think China is a major factor in the Fed's rate hike timing.
Welcome to the Fed's silly season for rate guesses
Some of the recent speculation about where rates are going seems to have gotten at least a bit overdone.
Puerto Rico default Q&A: 'Sell right now'
As another key debt payment date closes in, here's a primer on what you should know.
What does sudden CFO exit mean for BofA?
The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.
3 charts explaining the Chinese stock market
The Chinese stock market is moved by retail investors, and behaves much differently than other major markets. Here's a look.
Markets oversold, but these leaders still holding up
There is a lot of money hiding out in a few sub-groups, including banks, biotech, and Internet names like Google and Facebook.
Here's why jobs growth is picking up steam
Job growth across the nation is making up for the losses oil states saw after a year of low crude prices.
Cramer: Don't worry about China stocks
Here's why CNBC's Jim Cramer thinks China's volatile stock market will stabilize.
ATM workers forget bag, man drives off with $150K
Police say a man drove off with a bag containing $150,000 after two employees who were replenishing ATMs mistakenly left it on a lawn in New Jersey.
Monday, July 27, 2015
China needs to loosen its grip on markets: UBS
China's market controls have fueled panic. If it wants more international investment, it should limit further intervention, says UBS's Jorge Mariscal.
Postcards from China: What US investors can learn
Think about the Chinese economy and stock market as basically being a fun-house mirror view of its American counterpart.
Battle lines drawn over Export-Import Bank renewal
The fight over the Export-Import Bank, a key source of loans for smaller companies that do business abroad, now moves to the House.
Many sectors oversold, but still no bounce in sight
Materials, energy and industrials are very stretched on the downside. A typical quant would look at this as a potential buy signal.
Cramer: FANG is bad, here’s why
CNBC's Jim Cramer explains how the recent performance in FANG stocks actually points to a dire market situation.
Roller coaster crash set to cost owner $73M
A popular UK attractions operator has issued a profit warning ahead of its interim results, after a rollercoaster incident at one of its theme parks.
McGraw Hill to buy SNL Financial for about $2.225B
McGraw Hill Financial announced plans to acquire SNL Financial in a cash deal valued at approximately $2.225 billion.
Sunday, July 26, 2015
UBS releases results early: Net profit up 53%
Swiss bank releases results one day early following a Swiss newspaper report on the figures on Sunday.
DBS posts 15% rise in profit, flags uncertainty in H2
DBS Group, Singapore's biggest bank, on Monday posted a better-than-expected 15 percent rise in second-quarter net profit.
Consumers, economy better off after reform: Frank
The principal author of financial reform tells CNBC that, five years later, the country is better off.
Friday, July 24, 2015
Facebook defeats shareholder litigation over IPO
An court upheld the dismissal of litigation by Facebook shareholders who accused the firm of deceiving them about its prospects.
The Dow just broke a pretty dubious record
The latest record to fall is for not doing much of anything at all.
Dodd-Frank's effect on community banks, in 3 charts
FDIC data show that smaller banks have been suffering for decades both in falling numbers and a declining share of total assets.
The Fed's economic forecasts leaked early
The Fed inadvertently posted its confidential economic projections earlier than expected back in June.
Why analysts are upping the numbers on Amazon
Expectations for Amazon's full-year profit surged 220 percent following its blockbuster earnings report.
Cramer: Starbucks wants to take over the world
Starbucks' latest earnings report shows the coffee giant's true master plan, CNBC's Jim Cramer says.
CNBC Conversation: Angel Gurria
Secretary-General of the OECD, Angel Gurría, talks to CNBC's Louisa Bojesen, on the CNBC Conversation.
Japan's Meiji Yasuda to buy US insurer StanCorp
Japan's Meiji Yasuda Life Insurance said it has agreed to buy U.S.-based StanCorp Financial for $5 billion, the latest deal by Japanese insurers.
Sitting pretty on Amazon? Don’t be a fool: Munster
Amazon's strong earnings report sent its stock zooming, but analyst Gene Munster warns that investors shouldn't be complacent.
22 banks accused of Treasury auction manipulation
Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday.
Health insurer Anthem to buy Cigna in $54.2B deal
Anthem said on Friday it would buy Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer.
Thursday, July 23, 2015
Sectors to watch as market weakness spreads
The slowing economies are leading to declines in commodity prices and a slowdown in capital spending.
Here's why ETFs are overtaking hedge funds
The active versus passive debate just got a new wrinkle, and one analyst thinks he knows why.
What you need to know about jobless claims drop
A near 42-year low in claims is going to get lots of investor attention. This time it probably should get a little less.
Cramer: What’s wrong with Caterpillar? Everything
"They’ve bought back a lot of stock incorrectly. They’re in all the wrong markets," CNBC's Jim Cramer says.
Federal judge upholds hedge fund founder conviction
A federal judge on Wednesday rejected hedge fund manager Doug Whitman's effort to throw out his insider trading conviction.
Wednesday, July 22, 2015
India banks get creative to collect $49B in bad debts
India's state-owned banks are reversing years of lax recovery efforts with creative collection tactics to cut a $49 billion bad-debt pile.
Bank of America CFO Thompson leaving
Paul Donofrio will take over as the bank's chief financial officer on Aug. 1.
Credit Suisse signals potential in asset management
Credit Suisse's new chief executive told investors about expanding its asset management operations, The Financial Times Reports.
Falling gas prices not doing much for the economy
Americans are not spending much of the money they're saving at the pump.
Pet-food maker Blue Buffalo shares soar in debut
Shares of Blue Buffalo Pet Products rose as much as 36 percent in their debut, valuing the company at $5.34 billion.
Bart Chilton: Dodd-Frank is alive at five
Former US trading commissioner Bart Chilton channels his inner Dr. Seuss in talking about Dodd-Frank five years later.
Why Apple is one of many buyback monsters
The stock buyback craze has continued into the second quarter, and the cumulative effect of that craze is really mounting.
Cramer: Microsoft had a good quarter, but …
CNBC's Jim Cramer explains why he thinks Microsoft shares dropped despite reporting a good fourth quarter.
Ashley Madison faces 'doomsday scenario' after hack
AshleyMadison.com can kiss goodbye plans for a listing on the London Stock Exchange this year, banking sources said.
Arrests made in schemes tied to JPMorgan breach
A huge computer attack against JPMorgan Chase last summer may have been more of an attempt to fuel an ongoing pump-and-dump stock scheme.
Tuesday, July 21, 2015
Philippines remittances: under threat
The Philippines depends on remittances for around 10 percent of GDP, but changes in where workers are headed may see that dry up. The FT reports.
Authorities make arrests tied to JPM hack: Report
Four people involved in a securities fraud scheme tied to the computer hackings of JPMorgan Chase were arrested, Bloomberg reported.
5 years later, 5 things to know about Dodd-Frank
In all, the anniversary of the landmark banking legislation brings as many questions as answers.
PayPal CEO: We need financial democracy
Too many people around the globe have no access to financial services. Here's how we fix it, says PayPal CEO Dan Schulman.
Citibank to pay $700M over credit card practices
A US consumer watchdog said about 7 million customer accounts were affected by Citibank's "deceptive marketing" practices.
Will the dollar foil the Fed's rate-hike plans?
The Fed is signaling that a rate hike could be coming soon. But will the dollar put a glitch in the plan?
Cramer: Here’s IBM’s biggest problem
CNBC's Jim Cramer explains what he thinks is IBM's biggest problem.
Is Wall Street pay too high?
Five years after Dodd-Frank, we’re still waiting for Wall Street pay reform, says Sarah Anderson.
Travelers profit boosted by lower catastrophe losses
Travelers reported a stronger-than-expected profit as catastrophe losses almost halved and it recorded a gain from the resolution of tax issues.
Banks back rival to Bloomberg messaging system
A messaging service for business is being launched by some of the world's biggest banks in a bid to challenge Bloomberg's dominance of the market.
$500K to save Neil Armstrong’s spacesuit
Smithsonian has launched a crowdfunding campaign, hoping fans will help save a piece of space memorabilia.
Monday, July 20, 2015
What change at the top means for Europe's banks
Europe’s big banks have been witnessing a management shake-up that could help boost the long-term prospects of the banking sector, analysts say.
BOJ members ponder QE's diminishing returns
Several BOJ members said the impact of the bank's massive stimulus might be fading, June meeting minutes show.
Obama nominates academic Dominguez to Fed board
President Barack Obama plans to nominate academic and economist Kathryn Dominguez to the Federal Reserve board of governors.
Street pros: Despite 'crashes,' market works fine
Take all your Flash Crashes and "Knightmares" and trading "glitches" and, well, chill out.
Ignore Microsoft earnings, buy the stock: Analysts
Last quarter may have been weak for Microsoft, but the stock remains a good long-term buy, analysts say.
Bove: Time to 'aggressively' buy big banks
The cloud has lifted over banks and Dick Bove says it's time to "aggressively" buy some of the big names.
Forget about Google; buy Facebook: Analyst
Investors should focus their attention on Facebook shares rather than eyeing Google's stock, Scott Kessler said.
Windfall: GOP candidates’ huge score already
There's now a clearer picture of which candidates are dominating in the money race, NBC News reports.
Cramer: Here's the key to Google’s recent success
CNBC's Jim Cramer explains why he thinks Ruth Porat holds the key to Google's recent success.
Pearson to explore Financial Times sale: Report
Pearson is exploring the sale of its financial newspaper, The Financial Times, Bloomberg reported.
The tech breakout is suspect, and here's why
A small group of tech stocks are pushing the Nasdaq higher. And that is worrisome.
Morgan Stanley earnings, revenue top estimates
Morgan Stanley delivered quarterly earnings and revenue that topped analysts' expectations on Monday.
Film studio Miramax explores sale: Sources
Miramax is exploring strategic alternatives including a potential sale, according to people familiar with the matter.
Friday, July 17, 2015
Earnings should grab attention, but watch commodities
About a quarter of all S&P 500 companies will report earnings in the coming week, which could be a boost for stocks.
Here’s another chance to buy oil stocks: Analyst
The markets have provided another buying opportunity within the oil space, analyst Mike Kelly said
Inflation? Real American wages went DOWN in June
Every time it looks like the economic field of vision is clearing, something seems to happen to blur it up again.
Five years on, bank regulation still a work in progress
Five years after the financial crisis, a battle is still being fought over Dodd-Frank, reforms designed to prevent a recurrence.
Why the Fed really wants to raise rates: Analyst
Here's the real reason why the Federal Reserve wants to tighten monetary policy, Jim Bianco said.
Fed's Fischer against limits to emergency lending
Fed Vice Chair Stanley Fischer is against further limits put on the U.S. central bank's emergency lending powers.
Honeywell: Poster child for multinational problems
The strong dollar is really hurting multinationals, even Honeywell, one of the most-praised of the bunch.
Corporate matchmakers cash in on M&A boom
As many firms look to snap up businesses in the hot M&A market, one entrepreneur has founded a corporate matchmaking start-up.
Six classic mistakes young traders make
How to become a great trader? Avoid these six classic mistakes, says trading mentor Raj Malhotra.
GE earnings top expectations
General Electric delivered quarterly earnings that topped analysts' expectations on Friday.
Thursday, July 16, 2015
Stocks near new highs, but don't celebrate yet
Even as major indices approach historic highs, the field is littered with the corpses of those on the wrong end of the global growth slowdown.
Active US funds suffer worst outflows ever
Active fund managers may be having their best year since the financial crisis, but investors don't seem to care.
Gundlach’s right about Apple: Analyst
Sanford Bernstein's Toni Sacconaghi explains why the assessment of Apple by Jeffrey Gundlach of DoubleLine is accurate.
Ollie's Bargain shares spike in market debut
Shares of U.S. deep discount retailer Ollie's Bargain Outlet Holdings rose as much as 43.7 percent in their debut.
Cramer: Netflix earnings ‘took my breath away’
Here's why CNBC's Jim Cramer liked Netflix's earnings report so much.
Revenue recession's real, and the trend isn't good
Earnings season is in full swing, and once again there are considerable worries about what some are calling a "revenue recession."
Goldman Sachs earnings hit by litigation costs
Goldman Sachs on Thursday posted quarterly earnings that fell sharply from the previous year, hit by a large litigation charge.
Greek cleaners out of work after Tsipras U-turn
Public sector workers in Greece are decrying the government's bailout deal, the FT reports.
Wednesday, July 15, 2015
Fed's Williams: Sept rate hike 'very plausible'
Federal Reserve Bank of San Francisco President John Williams said September is a "very plausible" time to begin raising interest rates.
Beige Book: Economy expands, dollar hurts spending
The assessment comes just hours after Fed Chair Janet Yellen said the central bank was on track to raise rates this year.
Congressman screams at Yellen: You did nothing!
Rep. Sean Duffy accuses the Federal Reserve and Janet Yellen of willfully quashing a congressional leak probe.
James Bond’s next mission? Protecting the BBC
Nearly 30 celebrities have called on politicians to help preserve one of the U.K.'s national treasures: BBC.
Traders don't want to hear this problem with banks
Net interest margin and income is down at banks, but most traders believe interest rates will lift financials by the end of the year.
Hundreds of employees laid off before NYSE outage
Last week's glitch at the NYSE that prevented hours of trading draws attention to layoffs, The New York Times reports.
Yellen: Remain on track to raise rates this year
Fed Chair Janet Yellen says the Fed remains on track to raise rates this year—as long as the economy evolves as expected.
Bove: What Jamie Dimon may be signaling
Jamie Dimon unexpectedly said he might sit out future investor calls. Here's what Dick Bove thinks the JPM chief meant.
Live: All eyes on activists at Delivering Alpha
The fifth annual Delivering Alpha conference will kick off in New York City with several investing giants on tap.
Tuesday, July 14, 2015
White House lowers budget deficit estimate
The White House predicts this year's budget deficit will be less than it forecast in February.
Foiled again! Economy not cooperating with the Fed
The consistently inconsistent consumer is the gift that keeps on giving for doves at the Federal Reserve.
Jamie Dimon: Don’t read too much into this
JPMorgan Chase's earnings conference call concluded in unexpected fashion.
Cramer: Selling Wells Fargo now would be stupid
CNBC's Jim Cramer explains why investors should not sell their Wells Fargo shares.
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