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Don't Bet On A Rebound For The Turkey ETF
Thursday, December 10, 2015 - 11:04am | 557Read More...The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) is off just 0.8 percent this quarter, a showing far superior to the 3.4 percent lost by iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM). However, investors might want to curb their enthusiasm for Turkish stocks and TUR. Judging by the...
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American Airlines CEO On Inclusion In The S&P 500
Tuesday, March 17, 2015 - 2:01pm | 344Read More...Shares of American Airlines Group Inc (NASDAQ: AAL) spiked during Tuesday's opening on news that the company will be added to the Standard & Poor's 500 Index. Doug Parker, American Airlines CEO, was on CNBC following the announcement to weigh in on the airliner's addition to the S...
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Best And Worst ETFs Of The Week Amid Renewed Breakout
Friday, February 13, 2015 - 4:30pm | 495Read More...Stocks were hard on the gas this week as major indices such as the SPDR S&P 500 ETF Trust (NYSE: SPY) broke out to new highs. This breakout was preceded by a multi-week sideways price trend that ultimately resolved to the upside in favor of the bulls. One of the more notable areas of the...
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S&P Cuts Russia To Junk Status, Ruble And Shares Fall
Monday, January 26, 2015 - 4:51pm | 179Read More...Russia’s credit rating was cut by S&P Monday from BBB- to BB+, the first tier of the non-investment grade, ‘junk’ ratings. It was the first time in more than 10 years the country was rated below investment-grade. S&P also maintained a negative outlook, which could...
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Euro Steady Above $1.26 With Battle Over French Budget On The Horizon
Wednesday, October 15, 2014 - 7:45am | 334Read More...The euro traded steadily at $1.2659 at 7:00 GMT, weighed down by more poor economic data from the region. The common currency has been under pressure as recent figures have indicated that the region’s economy is falling off the path to recovery and may be headed for a recession. On...
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#PreMarket Primer: Tuesday, March 25: Group Of Seven Calls For Tougher Sanctions
Tuesday, March 25, 2014 - 7:10am | 1065Read More...Two decades after integrating Russia into international decision making, world leaders gathered at an emergency meeting and decided to remove Russia from the Group of Eight until the nation changes course in Ukraine. In a joint statement following the meeting, the Group of Seven leaders...
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The Womack Strategy: Buy, Sell And Go Back To The Farm
Friday, October 4, 2013 - 11:27am | 773Read More...Most investors suffer from a short-term 'get rich quick' focus. Virtually all of the studies that investigate individual investor results find that individuals badly lag the market and one of the biggest culprits is over trading. Other studies show that less than 10 percent even turn a profit,...
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S&P Takes the Axe To Banks; Shares Drop (CS, DB, BCS)
Wednesday, July 3, 2013 - 8:26am | 651Read More...S&P cut the debt ratings of three of Europe's largest banks late Tuesday as new rules and "uncertain market conditions" threaten business across the continent. Barclays (NYSE: BCS), Credit Suisse (NYSE: CS), and Deutsche Bank (NYSE: DB) all had their credit ratings cut one notch. Downgrades...
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The Week Ahead: Earnings from McGraw-Hill, Cisco, Pepsi; Chinese New Year
Friday, February 8, 2013 - 5:04pm | 990Read More...Earnings season is beginning to wind down, but the second full week of February will still be full of earnings reports from a variety of companies. Companies as diverse as McGraw-Hill (NYSE: MHP), Michael Kors (NYSE: KORS), Goodyear Tire (NASDAQ: GT), Cisco (NASDAQ: CSCO), Zillow (NASDAQ: Z),...
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Benzinga Market Primer, Tuesday October 16
Tuesday, October 16, 2012 - 6:12am | 1085Read More...U.S. equity futures rose slightly in early Tuesday trading as reports surfaced indicating that Spain may be closer to submitting to a Troika program in exchange for debt support from the ECB. Recently, it appeared as though Spain was reluctant to ask for a bailout, as the country did not want to...
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Spanish Bailout Rumored for November
Monday, October 15, 2012 - 7:18am | 266Read More...The euro started off the week on Monday morning at 1.2944. The currency held level even after controversial news out of the eurozone last week. Standard & Poor's decision to downgrade Spain and a gloomy forecast from the International Monetary Fund weighed on the euro, but did not cause a...
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S&P Lowers Qantas Ratings
Friday, September 7, 2012 - 5:02am | 32Read More...Standard & Poor's lowered credit ratings of Qantas Airways Ltd (OTC: QUBSF) by a notch to BBB-. Qantas Airways shares gained 2.54% to close at $1.21 yesterday.
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MSCI: South Korea Still Emerging, Greece Could Be On Its Way (EWY, EWT, GREK)
Wednesday, June 20, 2012 - 7:01pm | 837Read More...MSCI (NYSE: MSCI), a firm with indexes tracked by dozens of developed and emerging market ETFs, said that its MSCI Greece Index has been added to the review list for potential reclassification to emerging markets status. In the report, MSCI stated, "[t]he MSCI Greece Index is structurally no...
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S&P Lowers India Outlook To Negative
Wednesday, April 25, 2012 - 3:55am | 29Read More...Ratings agency Standard & Poor's lowered India's outlook from “stable” to “negative.” India's 10-year bond yield climbed 4 basis points to 8.63%. Indian stock markets also dropped, with the BSE index down 0.9%.
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Is France About to be Downgraded?
Friday, January 13, 2012 - 10:28am | 309Read More...Rumors are circulating that S&P is planning a widespread downgrade of Eurozone economies in a move that could shake up European economies and spook global markets as a whole. According to unnamed EU sources cited by Dow Jones, S&P could be planning to downgrade "multiple" Eurozone...










