Dennis Lockhart, Atlanta Fed president, made a speech today trumping up the possibility rate hikes as soon as April. In his speech, Lockhart cited “sufficient momentum evidenced by the economic data to justify a further step at one of the
March 21, 2016
Amid cuts in aid and surging taxes, it appears the market remains less than impressed at Connecticut’s debt sustainability. Following last week’s disappointing bond auction, CT bond risk has spiked to 65bps over the benchmark – a record spread demanded by investors to
123RF Tesla (NASDAQ:TSLA) shares have rallied more than 10% over the past five days after a bullish report about the state of the EV industry in 2016 emerged. According to InsideEVs.com, plug-in sales in the U.S. during the first two months of
Our benchmark S&P 500 opened a hair lower than Friday’s close and sold off to its -0.31% intraday low about 90 minutes later. It then slowly recovered in zigzag fashion to its 0.21% afternoon high before drifting downward to its
Silver showed a little more staying power than gold, which is not all that surprising because gold has been leading all the way up this year, and the gold/silver ratio is at some historic highs. The US dollar gained back
With an uncertain market scenario and speculations rife over a rate hike by the Fed, companies with a low debt level are undoubtedly the safest bets. Upbeat domestic economic data coupled with 242,000 job additions in Feb 2016, easily surpassing
Sherwin-Williams (SHW) announced on Sunday an agreement to acquire its smaller paints and coatings rival Valspar (VAL) for $113 per share in cash. Weighing in on the news, several Wall Street analysts argued today that, beyond generating as much as
Existing home sales as reported by the National Association of Realtors fell 7.1% in February 2016 from the month before. It was a very large decline but followed a two-month surge beginning December 2015; which itself came after an unusually
Photo Credit: Josh Hallett Nike Inc (NKE) Consumer Discretionary – Textiles, Apparel & Luxury Goods | Reports March 22, After Market Closes Key Takeaways The Estimize community is looking for EPS of $0.50 and revenue of $8.20 billion, 2 cents higher than
NEW YORK, March 21, 2016 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Boardvantage, a leading board portal solution provider which also specializes in leadership collaboration and meeting productivity. The
