Market News
Is BNY Mellon's Custody Banking Growth Slowing?
Forbes - 15 May 2013 20:48
Bank of New York Mellon may be the leader in the global custody banking industry by a good margin, but when it comes to growth in the size of its assets under custody, things haven't really looked too good in the recent ...
Volcker: Government Makes Up 35% Of GDP, Mortgage Markets Are Now A State 'Subsidiary'
Forbes - 15 May 2013 20:31
Former Fed Chairman Paul Volcker warned of the risks of an asset bubble forming given the incredible amount of liquidity the Bernanke Fed has injected into the market, even though he said banks are substantially stronger...
Forbes Earnings Preview: Dell
Forbes - 15 May 2013 19:31
Leading up to Dell's (DELL) announcement of its first quarter earnings on Thursday, May 16, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of 34 cents per share from earni...
Effects of QE - Bernanke's Quantitative Easing
Forbes - 15 May 2013 17:23
Bernanke's Federal Reserve Enacted A Policy Of QE: How Has It Affected Oil, Gold, Equities, Emerging Markets And Treasuries?
Activist Hedge Fund Jumps Into Toxic Twins Groupon And Zynga
Forbes - 15 May 2013 16:50
Before Facebook's IPO flop last year, the two disappointing poster children for tech IPOs of recent vintage were daily deal service Groupon and gaming company Zynga. Now, a hedge fund known to call for change at its port...
Dollar Bulls On The Rise
Forbes - 15 May 2013 16:26
The recent outperformance of the U.S. economy has the dollar appreciating against most currencies over the past week. Some of the current price levels have a percentage of the market beginning to price in expectations of...
The 'Smart Money' Hedge Funds Don't Look So Smart Anymore
Forbes - 15 May 2013 16:24
Not long ago it seemed that the ?smart money? was invested in hedge funds which generated outsized returns for investors. When broad markets fell by 40% in the crash of 2008 and 2009, hedgies like John Paulson, who bet a...
Deere Profit Strong To Start 2013, But Weather Could Dampen Later Results
Forbes - 15 May 2013 14:51
While John Deere's profit slightly rose to begin the year, the company warned that global financial pressure and cool, wet weather in North America could reduce future sales growth.
A.M. Kitco Metals Roundup: Gold Solidly Lower On Bearish Outside Markets, Weak Raw Commodity Sector
Forbes - 15 May 2013 14:37
(Kitco News) - Comex gold futures prices are posting solid losses and hit a three-week low in early trading Wednesday. Bearish outside market forces?a stronger U.S. dollar index and weaker crude oil prices, are combining...
Hedge Funds Bet on Freddie, Fannie Rise
Wall Street Journal - 15 May 2013 05:46
Some of the hedge funds that made fortunes in the housing-market crash are now betting on the recovery of Fannie Mae and Freddie Mac, the government-controlled mortgage giants.
Greece Bulls Charge Into Corporate Bonds
Wall Street Journal - 15 May 2013 04:15
Months of relative calm in Europe has investors taking another look.
Performance Slows With Age at Cisco
Wall Street Journal - 15 May 2013 00:24
Ahead of the Tape: Cisco is no kid any more. The company that briefly was the most valuable on the planet 13 years ago now looks positively geriatric by comparison.