Asian Stock Futures Drop After U.S. Rebound as Yen Falls
Equity futures (NKA) from Hong Kong to Australia fell, signaling stocks may extend last week’s global slump, as investors continued to digest the prospect of reduced Federal Reserve stimulus. Standard...
View ArticleBiggest ETF at Steepest Discount Signals July Rally: Muni Credit
The biggest exchange-traded fund tracking the $3.7 trillion U.S. municipal-bond market is selling at the deepest discount to the value of its assets in more than two years. That may be a sign that...
View ArticleLost Decade for Bonds Looms With Growing Return Seen for Equity
U.S. Treasuries are now providing less than half the yield of stocks, giving investors little reason to keep the three-decade bull market in bonds alive as housing starts, consumer confidence and...
View ArticleBest Emerging-Market Stock Pickers Buy Drugmakers to Retail
The only three emerging-market stock pickers who avoided losing money for clients in the worst first-half rout since 1998 say now’s the time to buy Philippine retailers, Chinese Internet companies and...
View ArticleStock Sales Climbing to $78 Billion Highest Since 1996
Public companies are taking advantage of record U.S. equity prices to sell the most stock in 17 years, even as initial offerings slow. Thermo Fisher Scientific Inc., Dollar General Corp. and HCA...
View ArticleApollo Fueled by $9.6 Billion Profit on Debt Beats Peers
Joshua Harris, the marathon-running co-founder of Apollo Global Management LLC (APO), was in a hole. The 2008 collapse of housewares retailer Linens ’n Things Inc. had wiped out most of Apollo’s $430...
View ArticleSTOCK SALES RISE WITH EQUITY PRICES
Public companies are taking advantage of record U.S. equity prices to sell the most stock in 17 years, even as initial offerings slow. Thermo Fisher Scientific, Dollar General and HCA Holdings are...
View ArticleHong Kong Stocks Fail to Lure JPMorgan With Worst Developed Drop
Hong Kong stocks are set for the biggest decline among developed markets this half as concern about China’s economy drives valuations 22 percent below the five-year average. The Hang Seng Index...
View ArticleThree reasons not to panic about the market — yet
NEW YORK (AP) — Stocks dropping across the globe. Six weeks of gains wiped out in the U.S. The biggest drop in the Dow Jones industrial average in 1 ½ years. It's easy to give into panic and sell...
View ArticleThree reasons not to panic about the market _ yet
NEW YORK Stocks dropping across the globe. Six weeks of gains wiped out in the U.S. The biggest drop in the Dow Jones industrial average in 1 1/2 years. It's easy to give into panic and sell along...
View ArticleMen’s Wearhouse Turns Target With Or Without Founder
George Zimmer, the founder of Men’s Wearhouse Inc. (MW) who was ousted after encouraging the company to consider going private, has put the retailer in play -- with or without him. The board of Men’s...
View ArticlePanic or pause? The instinct is to sell with everyone else. But there is a...
NEW YORK — Stocks dropping across the globe. Six weeks of gains wiped out in the U.S. The biggest drop in the Dow Jones industrial average in 1 ½ years. It’s easy to give into panic and sell along...
View ArticleJunk Bonds Drop Below Par as Asia Suffers China: Credit Markets
For the first time since August, junk bonds are trading below par amid speculation that companies will have a harder time meeting debt payments as the Federal Reserve prepares to reduce its...
View ArticleStocks slip on Fed statement
US stocks and Treasuries fell while the dollar rallied as Federal Reserve Chairman Ben S. Bernanke said the central bank may reduce the pace of bond purchases later this year as economic risks...
View ArticleStocks tumble on Fed statement
US stocks and Treasuries fell while the dollar rallied as Federal Reserve Chairman Ben S. Bernanke said the central bank may reduce the pace of bond purchases later this year as economic risks...
View ArticleNowhere to Hide as Dollar Posts Only Gain Amid Rout
The dollar is proving to be investors’ only haven as stocks, commodities, bonds and other currencies fall in unison for the first time since 2011. Concern governments will curtail aid to economies...
View ArticleJapan Futures Drop as Fed Sinks U.S. Stocks; Crude Slides
Japanese equity futures tracked U.S. stocks lower as the dollar surged after Federal Reserve Chairman Ben S. Bernanke said bond purchases may be reduced later this year should risks to the U.S....
View ArticleThais Buy Record Local Stocks as Foreigners Exit: Southeast Asia
Thai institutional investors are picking up stocks at a record pace as an exodus of foreign money sends valuations to a nine-month low. Domestic funds bought a net 32 billion baht ($1.03 billion) of...
View ArticleHD Supply Said to Join CDW in Cutting IPO Price Amid Stock Drop
HD Supply Holdings Inc. (HDS) and CDW Corp., which had sought a combined $1.97 billion in U.S. initial public offerings this week, plan to sell stock for less after markets tumbled, said people with...
View ArticleRatings Ratio Worst Since 2009 as Profits Slow: Credit Markets
Corporate creditworthiness in the U.S. is deteriorating at the fastest pace since 2009 with earnings growth slowing as yields rise from record lows. The ratio of upgrades to downgrades fell to 0.89...
View ArticleU.S. Stock Futures Climb After Largest Selloff Since 2011
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will rebound from the biggest plunge since November 2011. Bank of America Corp. and Citigroup Inc. climbed more than 0.9 percent...
View ArticleChina Out of World 10 Biggest Stocks as PetroChina Ousted by J&J
Chinese companies have dropped out of the ranks of the world’s 10 biggest stocks by market value for the first time since 2006 amid a cash crunch, slower growth and the biggest U.S. stock rally in a...
View ArticleEnd of Easing Spurs S&P 500 Gains of 16% Amid Economic Expansion
More than $500 billion wiped off the value of U.S. stocks is providing opportunities for investors who remember that equities tend to rise when the Federal Reserve begins reducing efforts to stimulate...
View ArticleGlobal Bonds Dive for Second Month as Stocks Lose $2.7 Trillion
Global bonds plunged for a second straight month in June, stocks tumbled and the dollar began to rebound as the Federal Reserve set a timetable for ending the stimulus that drove equities to record...
View ArticleWho Goes to Cash Reveals Extent Bonds Will Turn Into Bear Market
Investors who poured $1.26 trillion into bond funds in the past six years pulled out record amounts of cash last month, leaving the world’s biggest fixed-income managers struggling to stem the flow....
View ArticleIPOs Double to $42 Billion Before Market Reversal Curbs Sales
Initial public offerings more than doubled in the second quarter as companies from Blackstone Group LP (BX) to Banco do Brasil SA (BBAS3) sold businesses before a reversal in stock markets curbed some...
View ArticleGold Traders Seeking Floor After $66 Billion Rout: Commodities
Gold has further to drop in the rout that erased $66 billion from the value of investor holdings and took prices below the level some mines need to break even. The metal fell to a 34-month low of...
View ArticleNintendo May Miss Out on Nikkei 225 Addition, Mizuho Says
Nintendo Co., the world’s biggest maker of game consoles, is probably too big to be included in the Nikkei 225 Stock Average this year, according to analysts at Nomura Holdings Inc. (8604) and Mizuho...
View ArticleU.S. Stocks Advance as Data Show Growth in Manufacturing
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its first monthly loss since October, as reports showing improved manufacturing from Japan to the U.S. bolstered confidence...
View ArticleEuropean Stocks Addicted to Emerging Markets
For the first time ever, European companies are relying on emerging markets for a third of all revenue, stretching equity valuations as Chinese growth slows and protests turn violent from Turkey to...
View ArticleGolden Era Fades for China’s Banks as Crunch Raises Default Risk
Chinese banks’ valuations are close to their lowest on record as the nation’s interbank funding crisis exacerbated investors’ concern that earnings growth will stall and defaults may surge as the...
View ArticleM&A Droops as Stocks Rally Fails to Ignite 2013 Comeback
A healthy stock market and cheap debt have traditionally been two ingredients that helped fueled booms in mergers and acquisitions. The recipe isn’t quite working this year. Instead, the ingredients...
View ArticleU.S. Stocks Drop for Week as Investors Await Fed Signals
U.S. stocks fell for the week, sending benchmark indexes lower for the third time in four weeks, as investors speculated whether the Federal Reserve will signal a reduction of stimulus efforts after...
View ArticleTesla Takeover Turns Tenuous Given Valuation: Real M&A
Tesla Motors Inc., a long-speculated takeover target, just removed a barrier to a deal by paying off a U.S. government loan. The problem for would-be suitors is it’s also become the world’s most...
View ArticleWall Street REIT Success Gives Investors Hangover Part II
Investors in companies buying mortgage bonds are discovering that coming late to the party can still leave them with the biggest hangover. Mortgage real-estate investment trusts raised $7.4 billion in...
View ArticleSuntory in modest debut, may be Japan's last big IPO this year
TOKYO (Reuters) - Suntory Beverage and Food Ltd (2587.T) managed a modest rise in its debut on Wednesday after a $4 billion IPO, as investors shrugged off volatile markets and rich valuations to buy up...
View ArticleEmulex Sale Seen Restoring Lost Stock Value: Real M&A
Emulex Corp. (ELX), the chipmaker whose shares have slumped by more than a quarter since shunning a takeover offer four years ago, is reconsidering a sale to help recoup some of investors’ losses....
View Article>Three reasons not to panic about the market — yet
NEW YORK (AP) — Stocks dropping across the globe. Six weeks of gains wiped out in the U.S. The biggest drop in the Dow Jones industrial average in 1 ½ years. It's easy to give into panic and sell along...
View ArticleShadow Bank Assault Backfires as Rates Lure Cash: China Credit
China’s crackdown on shadow banking is backfiring as a plunge in stocks prompts individual investors to pump increasing amounts of cash into wealth management products that offer yields more than...
View ArticleSamsung Second-Quarter Profit Misses Estimates on S4 Phone Sales
Samsung Electronics Co. (005930), the world’s biggest smartphone maker, posted second-quarter earnings that missed estimates as sales of its flagship Galaxy S4 handset fell short of analyst...
View ArticleGoldman Urges Japan Inc. Share Sales Backed by Foreign Appetite
Goldman Sachs Group Inc. (GS), the third-largest manager of Japanese equity offerings this year, is urging companies to sell shares and meet renewed investor demand for the nation’s stocks under Prime...
View Article
