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Benzinga Market Primer, Thursday October 11
Thursday, October 11, 2012 - 5:57am | 861Read More...U.S. equity futures rose in early Thursday trading as comments from the World Bank's President, Dr. Jim Young Kim, indicated that he believes that China will be very aggressive in trying to restore growth once the political transition has taken place within the first half of 2013. The comments from...
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Some Emerging Markets Primed for Higher Credit Ratings
Friday, July 27, 2012 - 1:56pm | 772Read More...As the U.S., Japan and some developed Europe nations come to grips with astronomically higher debt-to-GDP ratios and less-than-perfect credit ratings, investors looking for sound fiscal positions might do well to consider emerging markets. From Latin America to the Middle East to Southeast Asia,...
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Equity Moves on Sell-Side Sentiment for July 19, 2012
Thursday, July 19, 2012 - 2:54pm | 303Read More...Following three days where 20-plus stocks were re-rated into daily Buy- or Sell-equivalent views, sell-side analysts had a light day. Five stocks received new bullish views (upgrades to or initiations with Buy, Overweight or Outperform) and three others were subject to bearish ratings actions (...
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Sterne Agee Maintains Buy, $24 Target on PHH
Friday, December 23, 2011 - 9:54am | 94Read More...Sterne Agee reiterates its Buy rating and $24 target price on PHH (NYSE: PHH) as it lowers estimates to reflect focus on cash generation. Sterne Agee comments, "The crux of S&P's downgrade of the company notes to BB- is tied to the company's ability to raise the required liquidity to pay...
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Standard & Poor's Ratings Services Announces New Organization Structure
Thursday, December 8, 2011 - 6:12pm | 101Read More...Standard & Poor's Ratings Services, a unit of The McGraw-Hill Companies, today announced a new organization structure to accelerate growth through excellence in ratings, service and operations. The changes are effective immediately. "As we look forward to 2012, these organizational changes...
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S&P Places 15 Eurozone Nations on Credit Watch Negative -DJ
Monday, December 5, 2011 - 5:31pm | 234Read More...Long-term ratings on CreditWatch negative Austria (Republic of) Sovereign Credit Rating AAA/Watch Neg/A-1+ AAA/Stable/A-1+ Belgium (Kingdom of) Sovereign Credit Rating AA/Watch Neg/A-1+ AA/Negative/A-1+ Finland (Republic of) Sovereign Credit Rating AAA/Watch Neg/A-1+ AAA/Stable/A-1+...
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Assured Guaranty Rockets Higher Despite Rating Cut
Thursday, December 1, 2011 - 10:58am | 291Read More...Shares of Assured Guaranty (NYSE: AGO) are screaming higher this morning despite S&P lowering its credit rating on the name. currently, shares are higher by 19.59%, trading at $11.60. Shares are expected to find resistance here, given that it is trading at the 50-day moving average. AGO has...
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S&P's Shocking Error: Mistakenly Announces French Downgrade
Friday, November 11, 2011 - 2:22pm | 706Read More...Yesterday, credit ratings agency Standard & Poor's accidentally sent out a message saying that it was downgrading France's AAA rating. In a statement, the firm said that "As a result of a technical error, a message was automatically disseminated today to some subscribers of S&P's Global...
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Bill Ackman Long Calls on Canadian Pacific Railway
Monday, October 31, 2011 - 3:15pm | 203Read More...Shares of Canadian Pacific Railway (NYSE: CP) are trading lower on the session by 2.80%, at $62.76. This comes after Bill Ackman, hedge manager at Pershing Square Capital, reported a 12.2% stake in the railway with the Securities and Exchange Commission. Mr. Ackman has control over 20.6 million...
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S&P Raises Briggs & Stratton Rating to 'BB'; Outlook Stable
Thursday, October 20, 2011 - 4:10pmRead More... -
Mid-Term Technical Analysis on the S&P 500 E-Mini Futures
Tuesday, October 11, 2011 - 1:20pm | 551Read More...What is Technical Analysis? Technical Analysis is a tool that many people on Wall Street utilize to profit in the stock market. It uses past price data and different indicators to predict future price movements. Behavioral economics and quantitative analysis are also included in the umbrella of...
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Why Gold Will See $2,000 An Ounce Sooner Rather Than Later
Wednesday, October 5, 2011 - 1:58pm | 932Read More...So gold did not go to $2,000 an ounce by the end of September as was discussed last month, but that does not mean it will not get there, eventually. Gold gave back almost all of the gain it had in August (12%) in September, as the short term mentality of "return of capital, not return on capital...
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Lean a Little to the Left
Tuesday, September 20, 2011 - 10:03am | 722Read More...Last night, the ratings agency S&P downgraded Italian debt, but equity markets are mostly shrugging it off, with European markets higher. Why? Because it was already baked in, unlike when S&P cut the U.S. debt, sending uncertainty higher, and the financial markets into a tailspin. With...
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Why Gold Is Going To $2,000 An Ounce By The End Of September
Thursday, September 1, 2011 - 1:14pm | 833Read More...We discussed the reasons last month why gold would go to $2,000 an ounce by the end of August. That did not happen, and fell well short of that level, closing at roughly $1,830 an ounce. Still, gold had a spectacular month, gaining 12% during August, thanks in part to worries over the S&P...
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Scapegoat Sharma: Resignation Leading to a Downward Spiral
Wednesday, August 24, 2011 - 12:09pm | 503Read More...First, Standard and Poor's downgrades the U.S. debt. Next, Deven Sharma (S&P's president) announces that he has resigned. Now McGraw-Hill (NYSE: MHP), which owns Standard & Poor's, has roused proposals of splitting up the company. Is this restructuring a result of poor decisions by McGraw...




