Search results

Expect earnings downgrades to impact equities short-term We expect consensus numbers to be revised down in all regions as companies get hit by higher costs and lower top-line growth. This should cap near-term upside in the US, Europe and Asia.

UBS AG, the European bank with the highest losses from the U.S. subprime crisis, said it will cut as many as 12 percent of jobs at the securities unit after an 11.5 billion-franc ($10.9 billion) first-quarter loss. UBS will eliminate as many as 2,600 jobs at the division by the end of the...

The Federal Reserve said the share of banks making it tougher for companies and consumers to borrow approached a record after the subprime-mortgage collapse made them more reluctant to lend. The quarterly Senior Loan Officers' Survey, published in Washington today, underscores the Fed's...

Deutsche Telekom AG is weighing a bid to acquire Sprint Nextel Corp. that could catapult the German telecommunications giant's wireless arm, T-Mobile USA, to the No. 1 position in the U.S., according to people familiar with the matter...

Finance ministers from 13 Asian nations agreed to create a pool at least $80 billion in foreign- exchange reserves to be tapped by nations in case they need to protect currencies. Contributions from Japan, China and South Korea will total 80 percent of the pool, while the 10-member...

The Federal Reserve along with the European Central Bank and the Swiss National Bank announced a fresh expansion of their liquidity measures. The Federal Reserve announced an increase in the amounts auctioned to eligible depository institutions under its biweekly Term Auction Facility from $50...

Iran, OPEC's second-largest oil producer, more than doubled the fuel it stores in tankers idling in the Persian Gulf because of falling demand for its sulfur- rich crude, people familiar with the situation said. The increase has contributed to a surge in tanker leasing rates, with prices...

On average you get a 30 % higher salary as a MBA graduate... I would take it from there : risk / reward ratio to obtain MBA ? Is it a "good" trade ? If you want to improve your intellectual skills, I suggest there may be "efficient" ways do so.... :)

You want to say DB is finally becoming a "smart" investor ? :p :p :p

Allianz SE, Europe's biggest insurer, said first-quarter profit fell 66 percent after writedowns at the Dresdner Bank unit tied to the credit-market collapse. Net income fell to about 1.1 billion euros ($1.7 billion) from 3.2 billion euros a year earlier, the Munich-based insurer said in a...

Invest 4.400 USD Initial Margin for 1 Mini S&P contract. Sell at 1396.50 buy back at 1396.00. 25 USD should be enough to offset inflationary tendencies....Provided you can invest 4.000 USD and you are an ET expert trading member....:D :D :D I suppose we all are....:D

U.S. banks' earnings may fall 26 percent this year and a further 15 percent in 2009, as credit continues to deteriorate and trim profit, according to analysts at Morgan Stanley. Bank earnings will decline by $17 billion this year and a further $13 billion in 2009, driven by higher borrowing...

Jim Rogers vocabular ends with the expression "bounce" regarding bank stocks ....:D :D :D

Short 1399.50 ready to enter some more...

Short FDAX 6973.00...

NEW YORK (MarketWatch) -- Jerome Kerviel, the trader accused of causing record losses at his former employer Societe Generale SA, has moved over to information technology in a new job at French software firm LCA, according to reports. The manager of LCA, Jean-Raymond Lemaire, told Reuters...

Very simple answer : dynamic hedge in place, go long, stay long, rest will follow. It`s simple as that. That`s why every serious "hedgefund manager" carries the expression "hedge" within his job title... :)

THREAT 1: International organized criminals have penetrated the energy and other strategic sectors of the economy. International organized criminals and their associates control significant positions in the global energy and strategic materials markets that are vital to U.S. national security...

US bank failures could rise above “historical norms” as a weakening economy puts pressure on badly underwritten loans, particularly in commercial real estate, according to John Dugan, who oversees about 1,700 national banks as comptroller of the currency. His comments, in an FT interview...

NEW YORK (MarketWatch) -- The Bank of Canada on Tuesday said it is lowering its target for the overnight rate by 50 basis points to 3%, with the bank projecting a "deeper and more protracted slowdown in the U.S. economy." The bank forecast the Canadian economic would grow by 1.4% this year, and...