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.
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
It looks like Herbalife (HLF) has won a battle, at least the latest one, in its years-long fight with activist Bill Ackman.
The companyreached a settlement with the FTCtoday that has it paying a $200 million fine and will force the company to improve disclosures about its distributors and change its compensation structure. The settlement also will require Herbalife....More>>>
RenaissanceRe Holdings (RNR) is a global provider of reinsurance, as well as various types of insurance and related services. The company was founded in 1993 and is headquartered in Bermuda, notes Jack Adamo, editor of Insiders Plus.
The company operates through three segments: Catastrophe Reinsurance, Specialty Reinsurance, and Lloyd’s segments (Lloyd’s of London).
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
Mid cap pet stock Blue Buffalo Pet Products Inc (NASDAQ: BUFF)reportedQ1 2017 earnings after the market closed Tuesday.Net sales increased 7.9% to $302.0 million driven primarily by volume growth. Net sales of Dry Foods increased 6.4% to $245.2 million while net sales of Wet Foods, Treats and Other Products increased15.1% to $56.8 million. Net income increased 18.1% to $44.1 million and....More>>>
American Express (NYSE: AXP) is a bank holding company and one of the world’s largest financial services companies, and is known for its affluent customer base, high-spending customers, and premium network pricing. AXP provides credit, prepaid, and gift card products to customers and serves as issuer, card brand, merchant acquirer, and issuer processor on its proprietary closed loop network.....More>>>
Wall Street Analysts Continue To Jump Onto the Bullish AMD Bandwagon.
Shares of Sunnyvale, California-based Advanced Micro Devices, Inc. (NSDQ:AMD) have been on a run this year. Starting this year at $2.87, AMD stock closed the last trading session at $11.51, having more than quadrupled investors money in the year to date. Wall Street Analysts have been jumping onto the bullish bandwagon....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