-
S&P Cuts Russia To Junk Status, Ruble And Shares Fall
Monday, January 26, 2015 - 4:51pm | 179Read More...Russia’s credit rating was cut by S&P Monday from BBB- to BB+, the first tier of the non-investment grade, ‘junk’ ratings. It was the first time in more than 10 years the country was rated below investment-grade. S&P also maintained a negative outlook, which could...
-
Twitter Tagged At 'Junk' Status By Standard & Poor's
Thursday, November 13, 2014 - 4:50pm | 223Read More...Twitter Inc (NYSE: TWTR) shares fell more than 5 percent Thursday after a major ratings agency tagged its debt at junk status. Twitter traded recently at $40.32, down 5.2 percent. Standard & Poor's said its rating indicates "major ongoing uncertainties" regarding potentially...
-
Noncommittal Bulls, Lazy Bears: Options Outlook For The Week Of August 18
Monday, August 18, 2014 - 9:13am | 424Read More...The strong open last Friday quickly faded to redness, with the Nasdaq holding strongest. Though a disappointment for the bulls, Friday capped a week that should comfort them -- traders peeked at a whoosh down and survived. This Week's Outlook The bulls hit the sell button as headlines of...
-
Markets Little Changed Ahead Of 4th Of July Break
Wednesday, July 2, 2014 - 4:34pm | 2100Read More...U.S. stocks were little changed despite an ADP jobs report showing better-than-expected numbers. The ADP report comes ahead of the non-farm payrolls due on Thursday. Analysts are expecting the payrolls to confirm 212,000 jobs were added in June. The markets will close at 1:00 p.m. on Thursday...
-
Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530Read More...U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
-
Carl Icahn Buys More Apple Shares After Saying He Would Be Better Off If Apple Didn't Take His Advice
Tuesday, January 28, 2014 - 5:09pm | 616Read More...Activist investor Carl Icahn in a CNBC interview last week said that in some ways he would be better off if Apple (NASDAQ: AAPL) chose not to take his advice and increase its stock buyback. "As far as I'm concerned,” Icahn said, “I'm actually better off with them doing...
-
Is Best Buy a Buy, Hold or Sell?
Friday, January 17, 2014 - 11:14am | 593Read More...According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....
-
S&P Report: Charter Communications Talks Merger With TWC Shareholders
Wednesday, January 15, 2014 - 4:02pm | 429Read More...Two days ago, Charter Communications (NASDAQ: CHTR) released a copy of its letter to Time Warner Cable (NYSE: TWC) proposing discussions to merge the two companies, and outlining general financial terms of the transaction. Charter also announced that because--in its view--TWC did not intend to...
-
Market Wrap for October 29: Dow, S&P 500 Hit New Highs on Hopes Fed Won't Taper Bond-Buying
Tuesday, October 29, 2013 - 5:00pm | 1367Read More...Stocks pushed higher Tuesday in a rally that sent the Dow Jones industrials and the Standard & Poor's 500 Index to new highs. The Nasdaq Composite Index finished at a 13-year high. The rally was built on expectations the Federal Reserve will leave its current bond-buying program in place...
-
S&P's Marie Cavanaugh Answers 'How Likely Is A Debt Downgrade?'
Friday, October 4, 2013 - 10:04am | 255Read More...Rating analyst and managing director for S&P's sovereign-ratings group Marie Cavanaugh appeared on CNBC's Squawk Box Friday morning where she talked about the chances of downgrading the United States' debt. "We changed the outlook to stable earlier this year for, because of the improvement in...
-
S&P Takes the Axe To Banks; Shares Drop (CS, DB, BCS)
Wednesday, July 3, 2013 - 8:26am | 651Read More...S&P cut the debt ratings of three of Europe's largest banks late Tuesday as new rules and "uncertain market conditions" threaten business across the continent. Barclays (NYSE: BCS), Credit Suisse (NYSE: CS), and Deutsche Bank (NYSE: DB) all had their credit ratings cut one notch. Downgrades...
-
JP Morgan Chase's Thomas Lee On Undervalued Markets
Monday, May 20, 2013 - 11:52am | 586Read More...Thomas Lee, JPMorgan Chase (NYSE: JPM) Chief U.S. Equity Strategist, spoke on CNBC's Squawk Box on Monday morning, where he discussed where investors should put their money to work and why, as well as the place of the Fed in today's and tomorrow's market. "I think investors who have't put money...
-
Benzinga Market Primer, Thursday, December 6
Thursday, December 6, 2012 - 7:15am | 916Read More...Join Marketfy's Sang Lucci for a FREE webinar today at 4:15 pm EST to discuss different ways to successfully trade Options & large cap equities in the midst of consistent interruptions via Fiscal Cliff news. Seats are limited, sign up now! Futures Rise on Budget Deal Hopes U.S. equity futures...
-
Stocks Drop Following Obama's Re-election
Wednesday, November 7, 2012 - 6:10pm | 254Read More...Evidently, President Obama had no time to bask in the glory of victory, amidst a looming fiscal showdown and a divided Congress capable of thwarting his efforts. Republicans will be in a position to block Obama's ambitions -– including immigration and tax reforms -– as they maintained a majority in...












