This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

BlackRock

June 14, 2019

Notes From The Road: An Equity Investor’s Lens On China

Headlines over the U.S.-China trade dispute have been practically inescapable. On the heels of a recent visit to China, I can say this is as true there as it is in the U.S. If timing is everything, ours was very good (or bad), as our visit came just as high hopes for a trade deal had collapsed to a deep mutual mistrust.

Read More
Blue Line Futures

June 14, 2019

Morning Express

U.S benchmarks notched a fundamentally and technically constructive session yesterday. Although it felt price action shrugged off soft CPI data on Wednesday, we believe this to have overall kept bidders glued to a tiring rally. First and foremost, there is absolutely nothing wrong for a rally to consolidate after running 6.7% (S&P) from low to high in just about a week.

Read More
Edison

June 14, 2019

UK Sparks: Reassure Group Confirms Intention To Float

Reassure Group, the closed life insurance consolidator owned by reinsurer Swiss Re, has confirmed that it intends to list on the London Stock Exchange. The company says it will stage an initial public offering in July, with Swiss Re selling enough shares to provide a free float of at least 25%. No new funds are being raised for Reassure in the float, which is expected to make the company eligible for inclusion in the FTSE UK indices. Reassure says the flotation will increase its “flexibility and appetite for growth” and widen its future access to capital, as well as providing a partial exit for Swiss Re.

Read More
BMO Global Asset Management

June 13, 2019

A Global Economy Far From “Normal”

Election fever hit India and Australia in May. The former, the largest democratic election in the world, resulted in a comfortable win for the incumbent – Narendra Modi and his Hindu Nationalist Party (Bharatiya Janata Party). Mr. Modi comes from a humble background and this appears to have resonated with millions of voters aspiring to a similar uplift in fortunes.

Read More
Briefing.com

June 13, 2019

Oil Rebounds, Futures Tick Higher

The S&P 500 futures trade 11 points, or 0.4%, above fair value, supported by a bounce in oil and by lingering optimism for the Fed’s policy decision next week. Many of the energy stocks are up in pre-market action following the sharp increase in the price of oil ($53.04/bbl, +$1.90, +3.7%), which fell over 4% yesterday.

Read More
Finimize

June 13, 2019

Dassault, Folks

French tech titan Dassault Systèmes announced a $6 billion acquisition of American software company Medidata Solutions on Wednesday, shining a light on previously announced major marriages…

Read More
The Hammerstone Group

June 13, 2019

Early Look: Thursday, June 13, 2019

U.S. futures point to a bounce after slipping for a second straight session on Wednesday, dragged down by weaker energy and financial stocks (on lower oil and rising interest cut expectations), but look to steady ahead of jobless claims and import data later this morning. Oil prices surged today after reports of an attack on two tankers near Iran, boosting the region’s oil stocks.

Read More
Edison

June 12, 2019

UK Sparks: Boohoo Bucks Gloom On High Street

Online fashion retailer Boohoo Group has again bucked the gloom on the High Street, reporting in a trading update that sales increased by 39% to £254m in the three months to May 31. Sales at the company’s PrettyLittleThing brand soared by 42% to £112m, while its Nasty Gal business more than doubled sales to £18.2m. The Boohoo brand itself increased revenues by 27% to £124m and the group’s gross margin remained stable at 55%.

Read More
KraneShares Advisors

June 11, 2019

China Last Night – Multiple Catalysts as Mainland Volumes Surge

The State Council announced local governments will be allowed to issue bonds to fund infrastructure projects such as railway, highway and energy projects. This activity had been curtailed as tax cuts limited funds available. Infrastructure related names had a very strong day on the news as brokers estimate it could raise GDP by 20 to 50bps. Policy makers willingness to support the economy was broadly seen as a positive by the market as it should be!

Read More
Finimize

June 11, 2019

Salesforce Gains Force

Silicon Valley software darling Salesforce announced a $16 billion acquisition of data analytics firm Tableau on Monday – its biggest purchase to date.

Read More
Edison

June 11, 2019

UK Sparks: Another Profits Warning From Ted Baker

Retailer Ted Baker has issued another profits warning, stating that consumer uncertainty and “elevated levels of promotional activity” have resulted in “extremely difficult” trading conditions. The company now expects full-year underlying pre-tax profits of between £50m-£60m. Reported sales in the 19 weeks to June 8 were up 3.8%, while constant-currency sales were ahead 1.9%. However, like-for-like sales were down by 1.1% on a reported basis and by 2.9% at constant currency rates. Both retail and wholesale gross margins are lower than last year.

Read More
Finimize

June 10, 2019

Zooming To Infinity And Beyond

Shares of recent stock market debutants Beyond Meat and Zoom Video Communications rose on Friday after both companies’ maiden updates surpassed forecasts.

Read More
The Hammerstone Group

June 10, 2019

What’s on Tap Weekly Calendar

Monday June 10th – Economic Calendar;10:00 AM EST, JOLTs Job openings for April Earnings Calendar: Earnings Before the Open: FGP, SHLO, THO; Earnings After the Close: ADXS, ASNA, CASY, ENZ, LAKE, LOVE

Read More
Finimize

June 7, 2019

Hong Kong Pops A Pill

China’s Hansoh Pharmaceutical raised $1 billion from its initial public offering on Thursday – Hong Kong’s second-biggest this year – valuing the company at over $10 billion.

Read More
Eurex Exchange & MNI

June 7, 2019

UK Sparks: FCA Targets Bank Overdrafts; Ferrexpo Sees Higher Earnings

British banks and building societies will be forced to change their fee structures for overdrafts after the Financial Conduct Authority found the lucrative market to be “dysfunctional.” The UK regulator says that its overhauling the overdrafts markets to make it simpler and fairer for consumers.

Read More
The Fly

June 6, 2019

#Socialstocks: U.S. Regulators To Probe Tech Companies, Google Suffers Outage

On June 3, House Antitrust Subcommittee Chairman David Cicilline announced a bipartisan investigation into competition in digital markets. The investigation will include a series of hearings held by the Subcommittee on Antitrust, Commercial and Administrative Law on the rise of market power online, as well as requests for information that are relevant to the investigation.

Read More
Page 1 of 8
1 2 3 4 5 6 7 8
trading top