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Markit Raises $1.3 Billion, To Begin Trading Thursday
Thursday, June 19, 2014 - 8:25am | 105Read More...Financial data powerhouse, Markit (NASDAQ: MRKT), is in high demand by investors. Markit priced and upsized its IPO Wednesday night, raising $1.3 billion. An additional 17 percent of shares will be available to the market, for a total of 53.5 million. The offering priced right in the middle of...
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Eurozone PMI Steady, France Continues To Lag
Friday, May 23, 2014 - 7:04am | 334Read More...The euro remained below $1.37 after the dollar was lifted by promising US housing and factory activity data. The common currency traded at $1.3647, weighed down by expectations of further easing from the European Central Bank. Reuters reported that Markit’s Composite Purchasing Managers’...
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#PreMarket Primer: Thursday, January 2: Asia Struggling To Get Back On Track Despite Western Rebound
Thursday, January 2, 2014 - 8:36am | 1380Read More...Although several Asian nations including China and India are hoping that the rebound in both the US and Europe will help their own economies get back on track, data out on Thursday showed that Western demand is playing less of a role in Asia. Purchasing Managers' data out on Thursday showed...
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Eurozone PMI Positive, But Uneven
Tuesday, December 17, 2013 - 8:38am | 301Read More...The euro climbed closer to $1.38 on Tuesday after positive PMI data confirmed that business activity in the eurozone picked up in December. The common currency traded at $1.3771 at 5:15 GMT on Tuesday morning. The Wall Street Journalreported that Markit's composite Purchasing Managers Index...
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Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting
Monday, December 16, 2013 - 5:55pm | 2347Read More...U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...
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Market Primer: Tuesday, October 8: US Treasury Yields Climb As Markets Succumb To Default Fears
Tuesday, October 8, 2013 - 6:34am | 954Read More...Yields for one month US Treasury bills spiked as investors backed away in fear of a default. On Tuesday, the T-bills traded near 0.16 percent, up 14 basis points from last week. With the US government in its second week of a shutdown, markets are becoming increasingly worried about the...
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Euro Strong Above $1.36 On Improving Economic Data
Friday, October 4, 2013 - 7:08am | 269Read More...According to the Wall Street Journal, the European Union's statistics agency Eurostat released data on Thursday which showed that eurozone sales volumes increased 0.7 percent in August; 0.2 percent higher than estimates but still 0.3 percent below last year's figure in August. The agency also...
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Euro Strong On Positive Data
Thursday, September 5, 2013 - 7:23am | 354Read More...The euro strengthened against the dollar on Thursday morning after stronger than expected economic data confirmed that the region's recovery was growing. The common currency traded at $1.32 following the release of better than expected GDP data which indicated that the 17 nation bloc's recovery...
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ETFs For Emerging Markets Dividend Growth
Thursday, August 8, 2013 - 1:27pm | 1037Read More...As U.S. stocks have been leaders this year, it is not surprising that ETF issuers have rolled out a steady stream of new dividend funds. The strategy makes sense as data indicates investors love income-oriented ETFs. As of the end of May, year-to-date inflows to dividend, preferred stock and REIT...
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Global Service Sector Data Showing Encouraging Signs
Tuesday, March 5, 2013 - 7:39am | 540Read More...A slew of Non-Manufacturing (otherwise known as services) Purchasing Manager's Indices released overnight indicated that the global economy may not be in as bad of shape as investors had feared early Monday. Global shares rallied on the services strength. In China, the HSBC China Services PMI...
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Global Manufacturing PMIs Bounce In January
Friday, February 1, 2013 - 8:32am | 437Read More...Manufacturing PMIs around the world bounced higher in January as the outlook for the global economy continued to improve. Manufacturing data from China to England showed improvement in the global manufacturing sector in the month, a positive sign for the global economy. In China, the official...
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Benzinga Market Primer, Friday, December 14
Friday, December 14, 2012 - 7:46am | 728Read More...Futures Rise on Chinese Manufacturing Data U.S. equity futures rose in pre-market trade following strong manufacturing data out of China overnight. The preliminary HSBC China Manufacturing PMI for December rose to 50.9 from the final November reading of 50.5, showing a continued improvement in...
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3 ETFs for Countries With Solid PMI Data
Tuesday, September 11, 2012 - 12:24pm | 675Read More...When investing in a country-specific ETF, be it one that tracks a developing or emerging economy, it is often safer to bet one those countries with rising economic growth. Gross domestic product (GDP) is one number that can investors assess the strength of a country's economy. Another is the...
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IMF Bailout Rumor Sinks Bank of Ireland (IRE)
Friday, September 17, 2010 - 12:45pm | 274Read More...Bank of Ireland (NYSE: IRE) is down more than 6% Friday, after a newspaper report announced the possibility of an International Monetary Fund bailout. Ireland's finance ministry and the IMF are fighting to calm down jittery markets. Ireland's Department of Finance slammed an article that ran in the...













