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Market News

Location American Market News for 6 February 2016

Argentina Offers Holdout Creditors $6.5 Billion

Wall Street Journal - 6 Feb 2016 02:57
Argentina moved a step closer to ending a 15-year stalemate that has stymied its ability to borrow after it made a formal offer on Friday to U.S. holders of its defaulted government debt.
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Ex-CEO On How His Silicon Valley Cybersecurity Firm Crashed A recent story in Forbes stated that Norse Corp. - which raised more than $40 million in VC funding - looked like it may be shutting down, according to a blog posted by Brian Krebs, a well known investigative reporter w...
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1 Big Oil Dividend To Buy And 3 To Avoid

Forbes - 6 Feb 2016 22:36
At first glance this looks like a terrible time to buy energy stocks. Oil prices are at historic lows, demand has pulled back, inventories are climbing, and global manipulators like OPEC and Iran are doing little to help...
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Iran Sets Crude Export Volumes for Europe

Wall Street Journal - 6 Feb 2016 15:01
Iran plans to sell 300,000 barrels of crude oil a day to European customers now that Western sanctions have been lifted, the country's oil minister told state media
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Ground Shifts Under Wheat Export Market

Wall Street Journal - 6 Feb 2016 14:43
Record harvests, the strong dollar and cheap oil are combining to shake up the multibillion-dollar global wheat market.
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Ponzi Wake Up Call for China and The Rest of Us Never say never, but the news this past week about a major Chinese Ponzi scheme has a “bound to happen” feel about it. Ponzi finance in China is no small matter, and US investors would be wise to keep it on their rad...
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Big Game Economics: What Super Bowl 50 Says About America From ticket price inflation to the supposed stock market indicator, what Super Bowl 50 can tell us about the economy.
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Why a Recession Could Arrive Without a Yield Curve Warning

Wall Street Journal - 6 Feb 2016 12:51
Investors may not be able to count on a once-reliable economic warning bell to ring before the next recession. Ultralow yields on short-term bonds may prevent the yield curve from inverting even if the economy is about t...
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Super Bowl 50 Fans: Join The Huge Social Media Party On Sunday Super Bowl 50's, second screen on social media will be a blast. Here are some pointers for fans and businesses.
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BNP Paribas Admits Reality in Investment Banking

Wall Street Journal - 6 Feb 2016 03:41
The French bank has finally decided to trim its investment bank and bolster its capital base.
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Miners' Rally: 'Bull Trap' or Real?

Wall Street Journal - 6 Feb 2016 00:50
Mining stocks, the market's punching bag of 2015, are the darlings of 2016--so far. The question for investors however, is whether the rally is what traders call a "bull trap"--a brief bounce before another dive into the...
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Tech Stocks Sacked Before The Silicon Valley Super Bowl Sky-high multiples are getting slashed and good results aren't good enough. Mr. Market has changed his mind about tech stocks.
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Dividend-Cut Risk Of The 6 Oil Super Majors Oil prices have collapsed from highs of ~$120 per barrel to lows of ~$30 per barrel.
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