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June 19, 2024
Investors turning sour on it. Why in were continuing to watch facebook. Second day in a row to the downside. After the numbers, a little disappointing, but they still have the users, the mobile ad growth. Keep an eye, but under the 30 mark. David a big drop for facebook on this day. Liz blackberry debuts under bbry today. Theres a big rally as they ring the closing bell at the nasdaq. We need cookies around here. David we do on a day like today. Not a great way to start the week sessions. All in...
June 19, 2024
Ice for 8. 2 billion in cash and stock. David is here to break it down. Go through some of the numbers four. The deal itself having been officially announced in the last half hour or so board signing off, call it about 8 a. M. Eastern time. My sources tell me this all began a couple of months back when jeffrey spraker, the ceo of ice approached duncan niederauer, the ceo of the Stock Exchange about a potential deal. Looking forward hearing from both men later in the program. As for the deal itse...
June 19, 2024
The trend higher. Are you still skeptical . Im definitely still skeptical. Okay. I think the risk is to the down side. If we get a 5 pullback, which would not be bad for the market, are people going to put their money to work. Putting it into work when times are good. When times are bad, markets back off and thats where markets seem to accelerate. Going out neither highs of the day with the dow up about 5. 25 points here, and the s p up a fraction right now. Stand by. A lot of earnings news comi...
June 17, 2024
Youre starting to get a litigate cautious here . A little cautious. Im not seeing the steam i saw two weeks ago. Theres some indications its not as strong right now. We have pointed out, all the attentions gone to the dow, the s p is what traders keep an eye on. Its getting closer to that alltime high of 15. 65. Could that be a resistance level as they like to say for traders . I would think so. I think a lot of people will be ol sell side at that level. Theres nothing in the horizon i see to fo...
June 17, 2024
Capital requirements and the like. Bank of america was the good news. That really held strong all day long on the dow jones industrials. Jpmorgan on the other hand not so much obviously with those fed findings coupled with the fact theyre in washington facing all the questions about the london whale. A tough day for jpmorgan. Sandra happy friday, to you, nicole. Were seeing groupon seeing a huge rally. Up 7 . Investor bill miller say he is very bullish on the name right now. Right. We saw that E...
June 17, 2024
Get great values on your favorite lexus models, during the command performance sales event. This is the pursuit of perfection. Transit fares as in the 37 billion transit fares we help collect each year. No . Oh, right. Youre thinking of the 1. 6 million daily Customer Care interactions xerox handles. Or the 900 Million Health insurance claims we process. So, its no surprise to you that companies depend on todays xerox for services that simplify how work gets done. Which is. Pretty much what weve...
June 17, 2024
And the New York Times runs . What are the distributional consequences . Will the rich be paying more . What about the middle class . Shouldnt we be having that same discussion in the conduct of Monetary Policy . If you think about this Monetary Policy, if youve got the freedom, like ken and stan, to devote huge amounts of money into liquid assets, to play the risk game, youre going to be a huge beneficiary. So this is in some sense a policy where we also need to think about the distributional c...
June 17, 2024
Banks passed the feds stress test and many of them have way more capital than required for basl and 21 capital rules so were looking at excess cap it will and will give it back to shareholders. I dont know if you could hear, more dividend increases in light of the stress test. When you consider the role the financial stocks played in the downswing, they have been leaders the last few years here. Go cothat be higher next week if we get decent dividend increases . No doubt. Definitely could see th...
May 3, 2024
Inflows into US equities rose to £1.5bn in Q1 2024, almost double from the previous quarter, according data from the Investment Association.
April 30, 2024
At a time when overseas capital flows have been firm, foreign lenders have requested the banking regulator for flexibility in compliance with the central banks Large Exposures Framework (LEF), particularly in handling certain types of accounts that facilitate global transactions.