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.
The objective of the liquidity operations conducted by the Reserve Bank of India (RBI) is not to manage the price of bonds, but to drive its monetary policy goals to manage money supply in the system, said the central banks Deputy Governor Viral Acharya, dampening expectations of bond purchases by RBI.
In the third consecutive pause, RBI kept its main repo rate unchanged at 6.00 percent....More>>>
Russia’s President Vladimir Putin (R) and ExxonMobil Chairman and CEO Rex Tillerson (L) attend at the ceremony of the signing of an agreement between state-controlled Russian oil company Rosneft and ExxonMobil in the Black Sea port of Tuapse back in June 2012. A joint venture with Rosneft has been on hold because of sanctions against Russia. (Photo by MIKHAIL KLIMENTYEV/AFP/Getty....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Welcome to the latest issue of the PRO Weekly Digest. Every Saturday for Seeking Alpha PRO subscribers and Sunday for all other Seeking Alpha users, we publish highlights from our PRO coverage as well as feature interviews and other notable goings-on with SA PRO. Comment below or email us at pro-editors at seekingalpha.com to let us know what you think. Find past editions here.
Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods’ shares is an opportunity to buy more of the stock since there are tangible improvements being witnessed across Whole Foods’ operations....More>>>
We listened to Cempra (NASDAQ: CEMP) management’s investor conference call after receiving the Complete Response Letter (CRL) from the FDA regarding regulatory application for Solithromycin’s approval for the treatment of adult community-acquired bacterial pneumonia (CABP). The management plans to meet with the FDA to discuss FDA’s request for a comparative safety trial to study....More>>>
On Friday, January 20, Donald J. Trump will be sworn in as the 45th President of the United States. Here’s what you need to know about the history, tradition, and rules surrounding Inauguration Day, including who picks up the tab.
Despite all of the pomp and circumstance of modern inaugurations, there’s only one thing that actually has to happen on Inauguration Day. The Constitution....More>>>
The U.S. economy is expected to strengthen next year, in part because of the government stimulus proposed at by President-elect Donald Trump, but job growth is likely to slow as the recovery approaches its eighth anniversary, according to a recent survey of economists.
The economy is projected to grow at a 2.3% annual rate in 2017, up from an estimated 1.6% this year, according to the average....More>>>
Picking stocks in a bull market is so easy the GEICO caveman could do it. After all, when the broader market indices, like the S&P 500, trade at average price-to-earnings (P/E) and price-to-sales ratios (P/S) of 24.4 and 2.2, respectively, just about every stock in the index is rising.
DFSCoin (CURRENCY:DFS) traded 6.4% higher against the US dollar during the one day period ending at 9:00 AM Eastern on April 21st. One DFSCoin coin can currently be purchased for about $0.0488 or 0.00000560 BTC on cryptocurrency exchanges including CoinExchange and Cryptopia. In the last seven
The allure of the largest U.S. technology companies is understandable given significant returns last year, but their sheer size is the reason for their eventual downfall and long-term stock underperformance, according to Rob Arnott, founder of Research Affiliates.