The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
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R. Alexander Acosta, President Donald Trump’s nominee to be secretary of Labor, said Wednesday that if confirmed, he would follow the president’s Feb. 3 executive order directing Labor to review....More>>>
Snapchat is a great product with strong engagement levels. However, SNAP stock is overvalued at thecurrent level. Flickr
Yesterday, the self-described “camera company” Snap Inc (NYSE:SNAP) went public in what was one of the most successful IPO listings in the past few years. Pushing aside all the valuation concerns, Snap shares listed on NYSE at a price of $24, more than....More>>>
The September U.S. Dollar Index is trading at 96.17, up 0.07.
The U.S. dollar index is trading choppy and just under the highs of the session.
The U.S. Bureau of Labor Statistics reported that year over year Core CPI (consumer price index) for June rose to 2.3 percent versus 2.2 percent May. Year over year CPI was 1.0 percent versus 1.0 percent in May. On the month CPI in June....More>>>
Freestanding net-lease retail real estate investment trust Realty Income (NYSE:O) is a favorite stock among income investors and growth seekers alike. However, there is concern among many people about the retail sector as a long-term investment, especially with increasing online competition and several high-profile retail bankruptcies in recent years. Here’s why this logic doesn’t apply....More>>>
Shares of retailer Sears Holdings (NASDAQ:SHLD) tumbled 54.8% in 2016, according to data provided byS&P Global Market Intelligence. The company, which operates Sears and Kmart stores, suffered from significant declines in comparable sales throughout 2016. With sales collapsing and losses mounting, investors left the stock for dead last....More>>>
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist