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Thursday's Market Minute: Earnings Outlook: S&P Futures Slip As Technicals Turn Over
Thursday, August 19, 2021 - 10:13am | 283S&P 500 futures saw a 1.8% slide during the last two days, as Tuesday and Wednesday’s downward price action on heavy volume was like a bucket of ice water on a sleepy summer market. All the gains of the lethargic grind upward during the past few weeks were wiped away, but the /ES was...
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Thursday's Market Minute: S&P Churns Above 4200 On Waning Momentum
Thursday, April 29, 2021 - 10:09am | 229S&P 500 futures broke above 4200 in the overnight session, continuing their almost relentless march upward with new all-time highs. Except for last week’s volatile and range-bound price movement, the /ES has scarcely paused for a breather since March 24; it notched only 7 red candles...
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Fintech Focus For January 26, 2021
Monday, January 25, 2021 - 7:54pm | 2086Quote To Start The Day: The greatest wealth is to live content with little. Source: Plato One Big Thing In Fintech: In financial services, the concept of “know your customer” (KYC) is at the heart of establishing trusted relationships with clientele and strategic partners, while...
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Fintech Focus For December 4, 2020
Thursday, December 3, 2020 - 8:49pm | 2010Quote To Start The Day: One can look at a SPAC as the reverse of a traditional IPO. A SPAC goes public first—usually with a highly regarded executive team able to raise money from large institutional investors—with the intent to acquire a private company to put in its shell within...
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Fintech Focus For September 21, 2020
Sunday, September 20, 2020 - 8:39pm | 1712Quote Of The Day: In a time of deceit telling the truth is a revolutionary act. - George Orwell Fintech Movers: The European Union (EU) will release a new set of rules by 2024 — with the aim to streamline cross-border payments — by leveraging blockchain and crypto-assets such as...
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Fintech Focus For August 3, 2020
Monday, August 3, 2020 - 11:46am | 1830Daily Perspective: Stay hungry, stay foolish. - Steve Jobs Fintech Movers: The ECB says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats. - Finextra US fintech funding on pace to excel. Tradeweb calls on Nasdaq tech. Cuban-backed...
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S&P Says The YRCW Situation Is Good Enough For An Increase In The Company's Debt Rating
Friday, July 10, 2020 - 11:56am | 713A day after Moody's kept the debt ratings of less-than-truckload (LTL) carrier YRC Worldwide, Inc. (NASDAQ: YRCW) mostly steady, S&P Global Ratings raised a key rating. The rating agency increased its issuer credit rating on YRCW to CCC+ from CCC. The positive aspects it cited for the move are...
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S&P Sees 'Intense Credit Pressure' From COVID-19
Wednesday, March 18, 2020 - 1:51pm | 489One of the primary concerns about the near-term impact of the COVID-19 outbreak is that the economic disruption could freeze up the credit market. On Tuesday, credit rating agency S&P Global warned investors the coronavirus fallout will trigger a global recession and create “intense...
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This Company Was Surprisingly Named S&P Global's Most Sustainable Brand In Cannabis
Friday, February 7, 2020 - 9:45am | 407Avicanna Inc (OTC: AVCNF)(TSE:AVCN), a biopharmaceutical company focused on organic and sustainable plant-derived cannabinoid-based products, has been rated highest amongst global cannabis companies participating in the SAM Corporate Sustainability Assessment (CSA). The SAM Corporate Sustainability...
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Friday's Market Minute: Breakout For The Bulls
Friday, September 6, 2019 - 9:09am | 284Equity index futures seem to have finally ended a month of range-bound trading yesterday with an upside breakout. S&P Futures closed solidly above both the persistent resistance zone near 2,940 as well as the 50-day SMA. For the /ES, technically-minded traders likely will be watching for a push...
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This Day In Market History: The S&P 500 Closes Above $400
Tuesday, December 26, 2017 - 1:02pm | 245Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On Dec. 26, 26 years ago in 1991, the Standard & Poor's 500-stock index closed above the 400 level. Where Was The Market? The Dow Jones Industrial Average closed at...
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A New ETF Finds Truly Sustainable Dividends
Wednesday, December 20, 2017 - 10:15am | 530The name of the game when it comes to dividend investing is not just collecting payouts — it's finding companies that are consistent growers of their dividends. While S&P 500 dividend action, broadly speaking, has been largely positive in recent years, there remain cases of dividend...
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Mattel's Bad Holiday Guidance Plunges Credit Rating To 'Junk'
Tuesday, December 12, 2017 - 4:50pm | 400Struggling toymaker Mattel, Inc. (NASDAQ: MAT) was dealt another blow with credit downgrades from S&P Global and Moody's. The Analyst Jefferies' Stephanie Wissink maintains a Hold rating on Mattel's stock with an unchanged $14 price target. The Thesis S&P's downgrade of...
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How To Dampen Volatility With High-Yield Bonds
Monday, December 11, 2017 - 10:51am | 510The low volatility factor is popular in equity investment. Just look at the scores of exchange traded funds that emphasize low volatility stocks. Many of those products are hits with investors, but this factor can also be applied to the fixed income landscape. The IQ S&P High Yield Low...
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A Dependable Dividend ETF
Monday, December 4, 2017 - 10:45am | 543Higher beta sectors have been in favor for much of this year, but investors should not turn their backs on dividend strategies. While fears of rising interest rates coupled with leadership from the technology sector have weighed on some dividend exchange traded funds, returns from this group are...