Rumor Mill: Is a Spain Downgrade Coming? (EWP, STD, BBVA, TEF)
The market has not proven to be a price stability mechanism nor has it proven effective in being a price discovery mechanism. In a world where headlines out of lands of the…
The market has not proven to be a price stability mechanism nor has it proven effective in being a price discovery mechanism. In a world where headlines out of lands of the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Alcatel-Lucent (NYSE: ALU) Cut to Sell at S&P Equity Research. Altria…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) Started as Neutral at…
nationsonline.orgIf you are surprised about the newest crash scenario boiling up outside of Greece, this is something we have been covering routinely. While the beastly pace is surprising, how big of a…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Apple Inc. (NASDAQ: AAPL) Raised to Outperform as the Bull of the…
Yesterday was Portugal helping out, today is Spain… Debt sales that is. A debt sale in Spain is so far being hailed as a minor success and this comes on the heels…
Moody’s is at it again with yet another debt rating downgrade in the lands of the PIIGS. Today came a debt rating cut to four Irish banks and an Irish insurer, and…
Moody’s has been on a warpath this week downgrading the PIIGS. The calls are late. Very late. These should have been about as telegraphed as a replay of a World War II…
The woes of Europe continue, again… Get used to it. The markets are soft this morning on news that Moody’s is warning Spain of a downgrade to its Aa1 rating due to…
Tracking European banks, particularly those in the lands of the PIIGS, often requires looking at individual national sovereign debt issues on top of banking-related news. That is the case in Spain today…
The banks in the lands of the PIIGS are seeing some bids yet again today. That makes three in a row of big moves in Ireland, and now we have Greece and…
The markets may be headed lower on Friday morning after a sell-off in China, but the stocks of some of Europe’s troubled banks in the lands of the PIIGS are bucking the…
Nearly every stock and ADR/ADS of European banking stocks are lower so far on Tuesday over concerns over debt levels and downside levels of recent stress tests not factoring in the right…
Chances are good that you have heard of trading theories such as “The January Effect,” “The Super Bowl Effect,” and even the “Sell in May and Go Away!” trading strategies. What about…
ADR investors have probably made money this year only if they were writing call options or if they were shorting the stocks. The added currency component has greatly magnified the losses on…