Ziggo To Raise €745 Million In IPO On March 21
Dutch cable company, Ziggo said that it will be filing for an initial public offering to try to raise 745 million euros ($989 million) which would be the largest... Read More
Quest Software Being Taken Private By PE Firm, Venture Partners
Corporate IT and database applicant, Quest Software has agreed to be taken private by private equity firm, Insight Venture Partners. The offer would value $2 billion and would give... Read More
Trade Deficit at 50.4 billion After Analysts Predict $48 billion.
The Census Bureau along with the United States Commerce Department’s Bureau of Economic Analysis today released the monthly trade deficit report. The deficit for January is pinned at $50.4... Read More
Unemployment Figures Released, 8.3%
The United States Bureau of Labor statistics released employment figures for February today, Friday. The report says that the number of employed has increased by 227k and that employment... Read More
Greek Bond Holders Agree to Swap: Morning News
Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Action US: Dow Futures: 12837.00 (0.71%), S&P 500 Futures:... Read More
Massive Solar Storm Hits Earth, No Impact Reported
Did you wear sunscreen today? We normally don’t take care of our skin because we don’t mind the sunlight or the mighty sun can do to us as we... Read More
Wells Fargo Announce To Charge A $7 Fee For Checking Accounts
On Thursday, Wells Fargo (WFC) announced that six additional states will now charge a $7 fee on checking accounts. So much for a revolt against checking account fees. In a move... Read More
Oil Rises For The Second Day – Market Update
Market Action US: Dow: 12905.29 (0.53%), S&P 500: 1364.90 (0.91%), NASDAQ: 2968.28 (1.11%) Europe: CAC: 3478.36 (2.47%), DAX: 6834.54 (2.39%), FTSE: 5859.73 (1.17%). Asia-Pacific:Australia: 4171.00 (0.66%),China: 2420.28 (1.05%),Hong Kong: 20900.73 (1.31%),India: 5220.45... Read More
BNP Paribas To Sell Share In Real Estate Company For $2 Billion
BNP Paribas, based in France, announced they will be selling their stake in a French real estate company for 1.5 billion euros (approx $2 billion) as the bank looks... Read More
Hedge Funds Look to Continue Strong Start
When hedge fund managers look back on 2011, they will not be pleased by the unflattering losses that were accumulated throughout the year. On the contrary, 2012 is different,... Read More
Google Celebrates International Women's Day With A Colorful Doodle
The International Women’s Day (IWD) was originally called International Working Women’s Day, is celebrated on March 8th of every year. It is an international holiday that was first celebrated... Read More
No Smiles for McDonald's: February Sales Numbers Miss the Mark
On Thursday, McDonald's reported its monthly report and said that it missed its February global sales number. McDonald's (NYSE:MCD) saw a 7.5 percent rise in February sales at its global restaurants (open... Read More
ECB Keeps Key Interest Rate at One Percent: Market News
Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Action US: Dow Futures: 12915.00 (0.58%), S&P 500 Futures:... Read More
Initial Jobless Claims at 362k, Analysts had Expected 355k
The Employment and Training Division of the Department of Labor Released their initial claims report today, Thursday. The report showed a rise of 8k with 362k in claims, analysts... Read More
Consumer Credit Report Released By Fed: Borrowing Increased by $17.8 bn.
The Federal Reserve released it’s report on the State on Consumer credit today. The report noted an increase in borrowing by consumers of $17.8 bn in January, much less... Read More
Greek (GREK) Bond Swap Edges Closer to Approval: Market News
Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news. Market Action US: Dow: 12824.39 (0.51%), S&P 500: 1351.09 (0.59%), NASDAQ: 2934.61 (0.83%) Europe: CAC: 3392.33 (0.88%), DAX:... Read More
Molson Coors (TAP) Turns to Unique Flavors to Increase Profitability
It is no secret that North American brewers are going through a rough patch of their own. Sales have been is a downtrend for some time now and it... Read More
Pandora's Shares (P) Tank After Earnings Miss and Unfavorable Report
After Pandora Media (NYSE:P) announced a poor fiscal 4Q report on Tuesday, market participants responded on Wednesday but selling off the stock. At midday, shares of Pandora had lost over... Read More
Netflix (NFLX) Secretly Meeting with Large Cable Companies
Netflix (NASDAQ:NFLX) was once a high flying growth stock that seemed as if it would rise and continue to rise. Then, CEO Reed Hastings made the critical error of... Read More
Oops: Wall Street and Prostitution
There is news daily on Wall Street. Most of the time it is “Dow rose x amount of points”, “Dow fell”, etc. What you may not be used to... Read More
HSBC (HBC) Sells Global Insurance Business for $914 Million
HSBC (NYSE:HBC) announced on Wednesday that it will be selling its insurance businesses in Asia and Latin America for $914 million. This move comes after management has been trying to... Read More
Consumer Price Index (CPI): Comprehensive In-Depth Analysis
Federal Reserve Chairmain, Ben Bernanke, recently stated an explicit target of 2% inflation per year. Bernanke has a dual mandate of controlling inflation and supporting job growth. Bloomberg has... Read More
