Update May 10th, 2012: JPM is lower by more than 6% after hours after an announcement that they will be taking a $2 billion trading loss from positions in their Chief Investment Office. Putting …
Continue readingCDS
The corporate bond market is significantly underappreciated by the mainstream media. While stocks get all the attention, the U.S. corporate bond market is estimated around $7-9 trillion, by far the largest corporate bond market in …
Continue readingMarketwatch Apple Inc. said on Monday that it will initiate a quarterly dividend of $2.65 a share sometime in the fourth quarter of this year. The firm also said it will set a $10 billion …
Continue readingWSJ $261.98 billion: How much more companies took in than they spent in the third quarter. Companies continue to sit on lots of cash, frustrating those hoping to see it deployed to spark jobs growth. …
Continue readingBespoke While the S&P 500 would still need to drop another 4% to 1,090.89 in order to officially enter bear market territory, global equities led by weakness in Europe and Asia now find themselves in …
Continue readingBloomberg U.S. stocks rose, reversing losses in the last 90 minutes, as concern about Europe’s debt crisis eased following a report that Italy was in talks with China about possible investments. Treasuries fell after the …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +1.1% to 10082. Hong Kong -1.0% to 22518. China -0.2% to 2810. India -0.1% to 18727. In Europe, at midday, London -0.6%. Paris -0.5%. Frankfurt -0.1%. Futures at …
Continue reading