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Investors Reduce 2023 Rate Cut Bets Ahead Of FOMC: Analysts Now Expect Fed On Hawkish-Hold Mode For Longer
Tuesday, May 2, 2023 - 12:59pm | 459Speculators' bets on Federal Reserve rate cuts in the second half of 2023 have been dwindling lately, as economists predict policymakers to stay in a hawkish-hold mode for longer than expected owing to sticky inflation and diminished recessionary risks. As a rate hike of 25 basis points at...
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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
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Three Foreign Bank Stocks Analysts Are Keen On (ING, LYG, SMFG)
Thursday, September 6, 2012 - 6:19am | 566Here is a quick look three top-performing financial stocks based overseas and with a consensus recommendation of analysts of Strong Buy. They are ING Groep (NYSE: ING), Lloyds Banking (NYSE: LYG) and Sumitomo Mitsui Financial (NYSE: SMFG). ING Groep This Amsterdam-based financial services company...
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Yahoo!, Radio Shack and Other Stocks Insiders Are Buying
Monday, July 30, 2012 - 2:29pm | 779Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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KKR Eyes Minority Stake in ING Direct USA
Thursday, June 9, 2011 - 9:11am | 213Leveraged-buyout company KKR (NYSE: KKR) is reportedly interested in acquiring a minority stake in Dutch lender ING Groep's (NYSE: ING) U.S. online bank, ING Direct USA. General Electric (NYSE: GE) and Capital One Financial (NYSE: COF) submitted their bids for the U.S. unit last week. GE has made...