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With Many Financials Out Of Favor, Northern Trust Corporation Upgraded By Citi
Tuesday, June 28, 2016 - 11:40am | 258Read More...Following the Brexit vote, financials have been under excessive pressure as the future for Britain's trade relations and the European Union's future remains uncertain. As a result, many financials have been downgraded within the last few days. Citi's Take Despite the new trend in financials, Citi's...
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The Strong Dollar Could Keep Greif Inc From Hitting Its Targets
Tuesday, June 28, 2016 - 8:28am | 262Read More...Greif, Inc. (NYSE: GEF) faces a downside risk to targets if the U.S. dollar continues to strengthen. The dollar gained 0.59 percent against the euro to 1.1087. However, the pound gained for the first time since the U.K.'s vote to leave the European Union and rose 0.92 percent against the dollar to...
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Canaccord: Brexit Vote Not A Major Headwind For Aerospace, Defense Sector
Monday, June 27, 2016 - 3:13pm | 577Read More...Canaccord analysts said the surprise vote by the U.K. to leave the European Union in the long term should have minimal impact on the global aerospace and defense sector. The brokerage noted that stocks with more defense and commercial AM exposure will benefit, while the sentiment on the commercial...
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How The Brexit Will Affect Fintech On A Global Scale
Saturday, June 25, 2016 - 4:22pm | 245Read More...Financial technology is a key player in the larger financial market in 2016. It has taken leaps and bounds in regards to the emergence of apps and platforms that make banking and investing more accessible to the average user. The Brexit has taken the finance world by storm, with the pound losing...
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Now That Brexit Happened, Experts Are Worried About Earnings And Jobs
Friday, June 24, 2016 - 3:19pm | 638Read More...Well, much to everyone's surprise, we actually got a Brexit. The market reacted as expected following a big shock, and finance Twitter Inc (NSYE: TWTR) had a field day. But now that the initial wave is over, Benzinga're turning attention to what's next. Will the market bounce all the...
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What Analysts Think Central Banks Will Do Following Brexit
Friday, June 24, 2016 - 11:35am | 398Read More...Now that Britain has officially voted to leave the eurozone, central banks are left to decide what (if anything) they will need to do to stabilize global markets. Several Wall Street analysts have already given their takes on the issue. Capital Economics believes the rhetoric about the dangers of a...
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Will Today Become Britain's Black Friday? Stock Panic Through The Years
Friday, June 24, 2016 - 11:09am | 319Read More...With market mayhem widespread on both sides of the pond following a referendum vote for Britain to leave the European Union (EU), the full extent of the carnage remains to be seen. The widespread hysteria and effect on the British pound solicits comparisons to Britain’s so-called “Black...
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After Brexit: Dexit, Nexit Or Swexit Could Be Next
Friday, June 24, 2016 - 9:16am | 639Read More...British voters voted in favor of leaving the European Union Thursday, sending global equity futures and the British pound into a downward spiral. In the essence of keeping things real, do not bet on the iShares MSCI United Kingdom ETF (iShares Trust (NYSE: EWU)) or the Guggenheim CurrencyShares...
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Has The Market Already Decided Brexit Isn't Happening?
Thursday, June 23, 2016 - 2:21pm | 459Read More...Voters in Britain are deciding the fate of the country's membership within the European Union in a vote dubbed "Brexit" Thursday. Billionaire investor George Soros cautioned against a vote to leave the European Union, a view that was also shared by BlackRock's CEO Larry Fink and even the British-...
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Everything You Need To Know About The Brexit
Thursday, June 23, 2016 - 10:46am | 627Read More...If your eyes have glossed over every time the financial media has discussed “Brexit” in 2016, it may finally be time to understand what is at stake and how a British vote could impact your portfolio of fine American stocks. Here’s a breakdown of everything you need to know...
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CNN Money Reports Brits Hoarding Cash Ahead Of Brexit Vote
Wednesday, June 22, 2016 - 4:06pm | 171Read More...In an article Wednesday, CNNMoney said currency dealers and foreign exchange companies noted a surge in people stocking up on euros and dollars, expecting a vote to leave the European Union (EU) would crash the pound. FairFX, which sells prepaid foreign currency debit cards, said that the amount of...
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Brexit Campaigning Suspended Out Of Respect For Slain Parliament Member
Thursday, June 16, 2016 - 2:37pm | 128Read More...Reuters reported that after British lawmaker Jo Cox was shot dead in the street in her constituency on Thursday, the campaign to keep Britain from leaving the European Union said it would suspend its activities this weekend. Related Link: Is Brexit Breaking The Markets? Lots Of Fear Flood Global...
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Prepping For An All-Nighter: London Bankers Anticipate Volatility On Brexit Night
Wednesday, June 15, 2016 - 10:36am | 658Read More...The world's biggest banks are planning on pulling an all-nighter June 23–24 as they are expected to draft in senior traders to work after Britain's EU membership referendum, the long-awaited "Brexit" vote. According to a Reuters report, Wednesday into Thursday is "set to be among the most...
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LifeVantage To Commence Sales In Netherlands In June
Friday, May 27, 2016 - 3:02pm | 174Read More...LifeVantage Corporation (NASDAQ: LFVN), disclosed its continued expansion into the European Union. As part of that move, the company will commence sales activities in the Netherlands officially beginning June 1. The company quoted the estimation of World Federation of Direct Selling Associations (...
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Why Is The Market Rallying? UBS's Art Cashin Offers His Take
Wednesday, May 25, 2016 - 2:50pm | 295Read More...UBS's Art Cashin is no stranger to investors and is a frequent guest on CNBC. He offered his take on the ongoing stock market rally. Cashin pointed out that U.S. stocks took the lead from European stocks which surged higher. He noted that European stocks gained during their trading session on...
















