-
Fragmented Markets To Unified Solutions: How Tokenization Could Reshape Finance
Tuesday, December 3, 2024 - 2:10pm | 628Tokenization could redefine institutional investing, but there are obstacles to adoption, according to Franklin Templeton‘s David Alderman. During a panel discussion at Benzinga’s Future of Digital Assets Alderman joined Jennifer O'Rourke of DTCC Digital Assets to discuss the...
-
'Policy Formation Will Be Critical': Experts Weigh In On Stablecoin Adoption
Tuesday, December 3, 2024 - 1:21pm | 575At the recent Benzinga Future of Digital Assets event, industry leaders tackled how stablecoins are reshaping finance, spurring adoption among institutional investors, and addressing operational hurdles in digital markets. The panel, moderated by BlackRock's Kyle Braden, featured Jennifer O'Rourke...
-
Trump's Red Wave Pushes Emerging Market Stocks To 2-Month Lows: Volatility 'Expected To Remain Elevated'
Thursday, November 14, 2024 - 2:54pm | 992Emerging market stocks have dropped to levels last seen in mid-September, with the downturn exacerbated by Donald Trump's victory and a Republican sweep of the U.S. Congress. The iShares MSCI Emerging Markets ETF (NYSE:EEM) has slumped 7% over the past month, with the iShares MSCI China ETF (NYSE:...
-
Boeing's Q3 Earnings Face Turbulence: Strikes, Layoffs, Safety Woes Ahead
Monday, October 14, 2024 - 2:05pm | 967Boeing Company (NYSE:BA) added large-scale layoffs to its list of troubles in 2024 as the company faces an ongoing strike of its unionized factory workers, government investigations, executive churn and mounting financial losses. Boeing To Cut 17,000 Jobs: The aerospace giant announced Friday...
-
Tether Slapped With 'Constrained' Stability Assessment Over Transparency Concerns
Tuesday, December 12, 2023 - 6:06pm | 469S&P Global Ratings assigned a "constrained" stability assessment to stablecoin issuer Tether (CRYPTO: USDT), raising concerns due to limited transparency in its reserve management and asset composition. What Happened: The firm's assessment of '4' reflects concerns over the...
-
S&P Slashes Ratings Of 5 US Regional Banks Facing Growing Challenges
Tuesday, August 22, 2023 - 8:50am | 829S&P Global Ratings has cast a spotlight on the challenges faced by several U.S. regional banks, resulting in a series of downgrades that have reverberated through the financial sector. According to the renowned rating agency, the Federal Reserve’s tight grip on monetary policy is now...
-
Tesla Gets Debt Ratings Upgrade From S&P, A Day Ahead Of Inclusion
Thursday, December 17, 2020 - 11:42pm | 437Tesla Inc (NASDAQ: TSLA) debt has got a rating boost from S&P Global Ratings on the basis of the electric vehicle maker's “mounting liquidity” significantly reducing financial risk. What Happened: The agency said in a statement it was raising its ratings on Tesla to “...
-
Daseke Turnaround Nets 'Positive Outlook' From Ratings Agency
Thursday, December 3, 2020 - 7:22pm | 703Following a significant third-quarter earnings beat, flatbed carrier Daseke (NASDAQ: DSKE) has received a "positive outlook" from S&P Global Ratings (NYSE: SPGI). Citing recent improvement in the company's operating performance and credit profile, the ratings agency raised its outlook on...
-
Illinois Stumbles In Effort To Better Bond Rating: 'Deadbeat Of The Country'
Thursday, March 7, 2019 - 5:02pm | 918When J.B. Pritzker, Illinois' new Democratic governor, proposed his first budget, he warned that getting the state’s troubled finances in order would be a long-term project. “It took decades to get us into this mess. It will take at least several years to get us out of it,” he...
-
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...
-
Deutsche Bank Shares Down 60% Over Last 3 Years: Everything You Need To Know About The Decline
Tuesday, March 7, 2017 - 4:45pm | 993Deutsche Bank AG (USA) (NYSE: DB)'s recovery since late September may prove to be short lived, as the shares are heading southward once again. The latest catalyst being an announcement from the company concerning a capital raising plan. Stock On Down Move Since 2014 For those not keyed-in...
-
Turkish Blend: Turkey ETF Gets Some Support As Fitch Doesn't Downgrade
Monday, August 22, 2016 - 2:10pm | 607Among emerging markets single-country exchange-traded funds, few have grabbed as many headlines or been the center of as much controversy in recent weeks as the Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR). Turkey And Ratings Immediately following last month's failed coup attempt against...
-
More Talk On The Turkey ETF
Friday, July 22, 2016 - 1:45pm | 570The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) fell almost 3 percent Thursday, bringing the five-day loss for the only exchange-traded fund dedicated to Turkish equities to almost 18 percent. Since last Friday's failed coup attempt against President Recep Tayyip Erdoğan, TUR has been...