Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
A few weeks ago, NIBC Holding (NIBC, Euronext Amsterdam) completed its IPO as Private Equity firm JC Flowers was finally able to place a substantial part of its shares on the equity markets. Unfortunately, NIBCs first trading day was overshadowed by a turmoil on the financial markets as the fears for a worldwide trade war increased.
Grupo Financiero Santander Mexico (NYSE:BSMX) is the third-largest financial group in Mexico based on total assets. As of September 30, 2016, the company had USD31.0bn in loans (14% market share) and USD30.5bn in deposits (14% market share). The group’s operations are divided through its two principal subsidiaries: Banco Santander Mexico, a commercial bank, and Casa....More>>>
It finally happened. After years of nary a selloff, let alone a significant correction, the floodgates burst open.
On Monday, February 5, the Dow Jones Industrial Average suffered a mid-session 1,600 point death plunge. Buyers quickly entered the fray, with the DJIA closing down just 1,175 points, but the day was still the highest single-day point drop in history. Percentage-wise, the decline....More>>>
PayPal, the electronic payments firm, is entering the robo-advisory business. It has announced a new arrangement with Acorns, a robo-advisory firm focused on small investors, that essentially creates a two-way street for customers with accounts at....More>>>
What the Biggest BDs Are Saying About Trump’s Fiduciary Order
Sen. Warren: Fiduciary Rule Delay Would Hurt Financial Services Firms
The House Financial Services Committee will zero in this Congress on Dodd-Frank Act implementation, with a likely rollback of the law with the reintroduction this week of Rep. Jeb Hensarling’s Financial....More>>>
Galvin Slams SEC’s Piwowar Over Anti-Fiduciary Rule Comments
Wells Fargo & Co. customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them so far into a financial spiral that their vehicles were repossessed.
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson already has a bullish Facebook stock price prediction, and we just received 1.3 billion more reasons to like Facebook Inc. (Nasdaq: FB) stock.
We’re going to get to his bold FB stock price prediction, which shows double-digit gains in the next three years, in just a bit.
Tata Motors (TTM) reported disappointing numbers in Q1FY18 with revenues down 10% YoY to Rs 586.5 bn as poor JLR performance, lower volume growth, higher commodities prices and higher incentives in the US market weighed down on its performance. However, net profit for the quarter was higher by 46% YoY to Rs 37.4 bn as it included a one-time pension benefit of ~Rs 36.1 bn.
Senate prepares to vote on skinny ACA change proposal
Vice President Breaks Health Bill Debate Tie
U.K. regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms.
Shares of Fred’s (FRED) are up more than 3% today after activist investorAlden Global Capital announced a 25% stake in the retailer. But that’s pocket change compared to the 81% rise on Tuesday following the announcement that Fred’s would more than double in size by buying more than 800 stores from Rite Aid (RAD) and Walgreens Boots Alliance (WBA).
Wall Street analysts expect Cornerstone OnDemand (NASDAQ:CSOD) to post earnings per share of $0.06 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Cornerstone OnDemand’s earnings, with the lowest EPS estimate coming in at $0.03 a
A few weeks ago, NIBC Holding (NIBC, Euronext Amsterdam) completed its IPO as Private Equity firm JC Flowers was finally able to place a substantial part of its shares on the equity markets. Unfortunately, NIBCs first trading day was overshadowed by a turmoil on the financial markets as the fea
Sangamo Therapeutics Inc (NASDAQ:SGMO) shares fell 9.6% during trading on Monday . The company traded as low as $17.80 and last traded at $17.90. 3,486,607 shares were traded during trading, an increase of 58% from the average session volume of 2,207,694 shares. The stock had previously closed