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A Look At The Legacy Of Fed's Janet Yellen During What May Be Her Final Jackson Hole Meeting
Sunday, August 27, 2017 - 8:46pm | 1513All roads led to Jackson Hole, Wyoming, this weekend, as central bankers, chief executives of banks, finance ministers, U.S. government representatives and academics all converged at this scenic location to air their views, both formally and informally, on various economic issues. This two-day...
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Did Subprime Auto Loans Just Claim Their First Victim In Ally Financial?
Thursday, March 23, 2017 - 11:03am | 744Auto lender Ally Financial Inc (NYSE: ALLY) on Tuesday let out a hint that exposure to subprime loans could be hurting it, as used car prices continue southward. Toned Down Adjusted EPS Expectation For 2017 In its financial outlook update issued Tuesday, the company lowered its 2017 adjusted...
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The Best Parts Of Rolling Stone's Takedown Of Goldman Sachs Amid Trump's Appointment Of Gary Cohn
Wednesday, December 21, 2016 - 10:29am | 723During his campaign, President-elect Donald Trump dissed about half of the United States’ major corporations, and Goldman Sachs Group Inc (NYSE: GS) was not exempt from his rage – pretty much the opposite. Trump repeatedly promised to “drain the swamp,” making reference to...
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Deutsche Bank Is Having A Disastrous Year
Thursday, September 29, 2016 - 5:08pm | 446Deutsche Bank AG (USA) (NYSE: DB) shares fell 6.6 percent Thursday following reports that a small number of hedge funds are reducing their positions in Europe’s largest investment bank. Deutsche Bank shares are now down 52.3 percent in 2016 and are threatening to dip into the single-digits...
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6 Simple Rules For Your Investment Strategy
Monday, August 29, 2016 - 3:03pm | 2182The 21st century has provided the human race with a previously unthinkable amount of technology and, by extension, data, information and productivity tools. One has to ask, however, if on balance, this explosion of technology has been beneficial to the human race. Many significant developments...
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How Morbid Are Big Banks' New 'Living Wills'?
Thursday, July 9, 2015 - 1:28pm | 453In the event of another severe financial crisis, three U.S. banking giants could end up going the way of the dodo, or at least the way of Lehman Brothers. According to the public portion of the large U.S. banks’ “living wills,” a new post-crisis regulatory requirement, Goldman...
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Deutsche Bank Stock Is Dropping More Than Other Peers After Greek News
Monday, July 6, 2015 - 11:51am | 660Shares of Deutsche Bank AG (USA) (NYSE: DB) were among the worst performers in the financial sector on Monday morning. Shares of the German-based bank were trading lower by around 4.5 percent at $30.10 shortly after the opening bell. According to a Bloomberg report on June 29, Deutsche Bank...
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Has Greece Had Its 'Lehman Moment'?
Tuesday, June 30, 2015 - 10:40am | 375In a report published Monday, MKM Partners Chief Economist and Market Strategist Michael Darda discussed the possibility of a Greece exit from the euro and if so, is this Eurozone's "Lehman" moment. Darda noted that it's "too soon to tell" if Greece will leave the...
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Ron Paul On Impending Economic Crisis: 'Just Look At The Chaos'
Wednesday, April 15, 2015 - 1:02pm | 363Not even a decade has passed since the financial crisis of 2007-2008, but according to former Congressman Ron Paul, the world should start preparing itself for the next financial crisis, which will see the collapse of paper money. Paul was on CNBC recently to explain why he thinks the next...
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Have Big Banks Fully Recovered From The Financial Crisis?
Tuesday, March 10, 2015 - 11:44am | 675The current bull market turned six years old on Monday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six...
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IPO Outlook: Inotek's Vision For The Future
Wednesday, February 4, 2015 - 3:28pm | 1080Inotek Pharmaceuticals Corp (NASDAQ: ITEK), founded in 1999, is a clinical-stage biopharmaceutical company centered on the discovery, development and commercialization of therapies to treat glaucoma. Glaucoma is condition where the eye is unable to properly drain fluid, which leads to a buildup...
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Turney Duff, Author Of 'The Buy Side' Talks Insider Trading, Galleon Group & The White House
Wednesday, May 28, 2014 - 1:20pm | 968Turney Duff is the author of the New York Times bestseller The Buy Side: A Wall Street Trader's Tale of Spectacular Excess. Recently, Sony Pictures purchased the rights to develop the book in to a TV show or movie. Duff was a special guest on Benzinga's #PreMarket Prep show on May 23 to talk...
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Benzinga Market Primer: Friday, September 6: Companies And Investors Are Back Into Borrowing
Friday, September 6, 2013 - 6:34am | 1074After excessive debt caused the collapse of Lehman Brothers at the start of the US financial crisis, US companies shied away from taking new loans and focused on lowering their debt. However, five years later, it seems more and more companies are using corporate bonds to grow. The Federal Reserve...
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Forbes Columnist Gordon Chang Predicts Chinese Economy's Catastrophic Failure
Monday, June 24, 2013 - 10:45am | 575Gordon Chang, author and Forbes Columnist known for his book The Coming Collapse of China, sees China on a decline that's becoming increasingly steeper. He explained his views on CNBC's Squawk Box Monday morning. Chang began by noting his comments that this is China's "Lehman moment," referring...
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Einhorn Wins Big on Chipotle Short
Friday, October 19, 2012 - 4:00pm | 422Shares of Chipotle (NYSE: CMG) traded sharply lower on Friday, falling over 15 percent to trade at a new 52-week low near $241 per share. The popular burrito-maker reported earnings Thursday afternoon that evidently disappointed investors. Earnings came in just slightly lower than expected at $2....