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.
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