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.
Wells Fargo may pay a $1 billion penalty for forcing customers into car insurance and charging mortgage borrowers unfair fees.
The beleaguered bank warned on Friday that it may revise its first quarter earnings results because of the fine. The bank says that the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency have offered to resolve their investigations....More>>>
Related CAFD Mid-Afternoon Market Update: Hooker Furniture Climbs After Strong Q4 Results; Resources Connection Shares Slide 12 Biggest Mid-Day Losers For Thursday The Vetr community has downgraded $CAFD to 4-Stars (Vetr)
Related FSLR Both 8point3, First Solar Should See Further Downside Amid Divestiture News ....More>>>
Asymchem Laboratories (Tianjin) (SHZ: OO2821) completed a $125 million IPO in Shenzhen. Asymchem is contract manufacturer of APIs, cGMP intermediates and finished drugs, all from its manufacturing facilities in China. Most of the proceeds will be used to build its R&D facilities and additional manufacturing facilities in Tianjin, which is also the company’s....More>>>
At the end of last week, our Elite Opportunity Pronewsletter suggested that it might be time to go long on commodities:
What’s the takeaway here today? When you take a big step back and assess everything that has happened over the last several years, how on earth can we expect commodity prices to remain around recent historical lows forever? Although playing the commodity game has been....More>>>
Gold rose modestly Monday, holding near a six-week high, as global markets absorbed weekend terrorist attacks in London that quieted a risk-on attitude that had driven stocks to fresh records last week.
President Trump’s executive order rolling back energy regulations is unlikely to spawn a surge of jobs or a quick reduction offuel prices, as the basic rules of economics maintain a powerful hold on the industry.
Will coal jobs suddenly come roaring back? Dont bet on it. Will the price of electricity go into reverse? Not likely. Will increased federal land rights for oil and natural....More>>>
I have recently started to regularly write for Seeking Alpha, and being a deep value investor, I end up commenting a lot on either energy stocks or retailers. And Guess? (NYSE:GES) is one of my best picks out of the retailers that I have recently commented on.
Like a lot of retailers, it is struggling in this downturn and it is highly cyclical. Nevertheless, at the....More>>>
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
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.