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Market News

Location American Market News for 11 July 2015
Greece news live: Germans tout plans for five-year temporary Grexit after Europeans warn reforms are 'too little, too late' Wolfgang Schauble reportedly rejects Greece's new austerity measures, favouring a "temporary" Grexit as creditors demand even more austerity from Greece
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Can General Electric Salvage Two Big Deals?

Wall Street Journal - 11 Jul 2015 22:53
Just as General Electric is ready to trumpet operational improvements in its industrial businesses, two deals central to Chief Executive Jeff Immelt's strategy are imperiled by regulatory hurdles.
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Stock Market's Fake Out Looks Like Start Of New Bull Market Leg Market's midweek plummet met resistance, then support, then outright buying. This evidence of underlying strength means next move could be up.
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Greece news live: Europeans warn Greeks have lost creditors' trust as crunch summit begins European finance ministers bemoan lost trust and lack of commitment from Athens in implementing austerity measures
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Greece news live: Creditors set to demand more austerity from Greece ahead of crunch finance ministers meeting Agreement in today's Eurogroup could finally pave the way to secure Greece's euro future after Greek parliament backs Tsipras
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The Week Ahead: Should You Trust Thus Rally? The stock market finished the week on a positive note after a very wild week as the S&P futures had around a 35 point range every day of the week. They did manage to close the week just barely higher and the Dow Industri...
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Greece news live: Eurozone finance ministers prepare to gather to decide Greece's fate Agreement in today's Eurogroup could finally pave the way to secure Greece's euro future after Greek parliament backs Tsipras
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In a plot with more twists and turns than King Minos' mythical labyrinth, Greece is set to sign a deal with its creditors that promises more austerity than the proposal rejected by Sunday's referendum.
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Royal Bank of Scotland (RBS.L) is winding down its Greek operation and is putting its $5 billion shipping loans portfolio up for sale as the group scales back non-core activities, finance sources familiar with the plans ...
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Investment Bank Houlihan Lokey Discloses Plans for IPO

Wall Street Journal - 11 Jul 2015 01:26
Houlihan Lokey disclosed plans for an initial public offering, in a filing that reveals it is one of the biggest independent advisers in terms of revenue and number of senior bankers.
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