European leaders are taking the aid directly to the banks to stave off any added crisis. The futures in the U.S. are soaring and the markets in Europe are up big. This…
You may not want to care any longer, but the implication is that you have to keep caring. You will probably have to keep caring about this for years as European ratings…
Many analysts said that the Moody’s downgrade of banks reflected circumstances that the capital markers already realized. The downgrades, therefore, were largely useless. But the reaction to the rating changes by Moody’s…
Add one more piece of pessimistic news to that coming from economic research firms in Europe. The Ifo Institute issued its latest data on Germany: The Ifo Business Climate Index for industry and trade…
We had been informed that Moody’s was going to finally release its massive downgrade of the banking system today. The Moody’s warning came back in February that the downgrade was coming, so this…
24/7 Wall St. has been expecting this highly anticipated Moody’s downgrade of the large banks and investment banks for weeks. It appears that the wait is over as the downgrade is set…
A 2014 bond auction in France went off at 0.54% this Thursday, while the same maturity in 2014 went for a yield of 4.70% in Spain. The fear is that long-term borrowing…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $670 target at Argus; Zacks…
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller…
It is never a good thing to see a run on the banks. That is what the fears were recently indicating in Greece. The problem is that Spain is a much larger…
The financial sector was the best performing index out of the S&P 500 during the first quarter. That was when investors were decoupling from the woes of Europe. With European bank shares…
nationsonline.orgThe U.S. stock markets have by and large been decoupled from the woes of Europe most of this year, as well as the slowing of growth in the key markets of China,…
European banks are taking it right on the chin, or maybe the chin and the nose. The reports of a bad Spanish debt auction managed to push up borrowing costs again and…
Solar thermal generation provider BrightSource Energy Inc. has filed an amended Form S-1 with the US Securities and Exchange Commission for an IPO of 6.9 million shares at a price of $21-$23/share.…
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. (Reuters) A…
