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ArchiveDon’t Look Now, But Financials Are Back (PSUN, BTH, LSI, C, GS, YONG, MUX)Posted by Geoff Seiler at 4:46PM on March 14th
Stocks traded near breakeven following yesterday’s strong rally. The big news was the announcement of the bank stress tests after the close yesterday, which revealed that four of the 19 of the largest U.S. financial services firms failed. A scathing…  China Trumps Europe (C, WFC, FRX, PVX, USU, CBRX)Posted by Geoff Seiler at 4:47PM on January 17th
Despite the numerous EU sovereign debt downgrades that were officially announced after the market closed on Friday, stocks rallied following the long holiday weekend on optimism that China could be set for a soft landing. GDP slowed to a two-and-a-half-year… European Dreams Not Coming True (HAL, C, BEXP, STO, GMCR, SNDA, EFOI)Posted by Geoff Seiler at 4:39PM on October 17th
Stocks tumbled as headlines out of Europe put a damper on last week’s rally. Comments from German officials downplaying an upcoming meeting of EU leaders this weekend were the main cause of the market weakness. A spokesman for German Chancellor… This Week in Billionaires: Soros Says Goodbye, Paulson Admits Mistake (BAC, C, WFC, AAPL, DNDN, MON)Posted by Eric Monte at 2:37PM on July 28th
Chastened by the declines in some financial services stocks, hedge fund legend John Paulson told investors last Thursday that he was “too aggressive” with some of his bets on the sector in his flagship funds and that he was reducing… Afternoon Spy: Strong Earnings Propel Some Stocks (GMCR, BGS, RGR, CYTX, GNC, IRE, GS, C, CS, MSFT)Posted by Eric Monte at 1:44PM on July 28th
The markets continue to trade higher on Thursday. Investors may be reacting to the initial jobless claims report, which showed claims fell below 400,000 for the first time since April 1. Today’s Top tickerspy Indexes: Coffee Stocks (up 14.5%, see graph): Shares… Morning Spy: Coffee Stocks Soar (GMCR, PEET, REE, RGR, GNC, GS, C, CS)Posted by Eric Monte at 10:23AM on July 28th
The markets are trading fractionally higher on Thursday. Investors may be reacting to the initial jobless claims report, which showed claims fell below 400,000 for the first time since April 1. Today’s Top tickerspy Indexes: Coffee Stocks (up 11.9%, see graph): Shares… Soros Calls It A Day, Will Return Money To Investors (AAPL, C, DHR, WFC, WFT, EM, MON, TEVA)Posted by Todd Shriber at 11:25AM on July 26th
Legendary investor George Soros is hanging up his hedge fund spikes, ending an illustrious career that has lasted over four decades. Soros’ $25.5 billion firm will return less than $1 billion to outside investors by the end of this year… Paulson Scales Back On Financials (BAC, C, COF, HIG, WFC, SNOFF, ANR, APC, LZ, RIG)Posted by Todd Shriber at 11:51AM on July 22nd
Chastened by the declines in some financial services stocks, hedge fund legend John Paulson told investors on Thursday that he was “too aggressive” with some of his bets on the sector in his flagship funds and that he was reducing… Soros Fund Maintains Big Cash Position As Markets Remain Choppy (AAPL, C, EM, TEVA, WFT, CVS, DHR, MON, WFC)Posted by Todd Shriber at 12:07PM on July 19th
The $25.5 billion Quantum Endowment Fund is taking a step back from risk, paring the number of trades it commits to and is now about 75% in cash as it waits for better opportunities to come along, Bloomberg News reported, citing… Is Tech the Weak Link for the Upcoming Earnings Season? (GOOG, C, MAT, HK, BHP, CIS)Posted by Geoff Seiler at 4:38PM on July 15th
Despite the threat of a U.S. default if the debt ceiling isn’t raised, eight European banks flunking a stress test, and some lackluster economic data, stocks rose on the day, powered by strong results out of bellwether Google (GOOG). We continue…  |
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