Search Results for: Bank of America
European Stimulus Sparks Bond Blitz
March 5th, 2015
French utility GDF is the first company in over 14 years to issue euro bonds bearing no regular payments for investors Investors snapped up a half-billion euros of French utility bonds that will pay them no interest, a groundbreaking ...
Gold may take a shine to $1,700 an oz. by 2016
March 2nd, 2015
Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016. Gold futures prices on Comex closed at $1,210.10 ...
Saudis’ Oil Price War Is Paying Off
February 27th, 2015
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
‘Currency war’ to be ‘lose-lose’ game: Strategist (video)
February 4th, 2015
With each fresh headline of a central bank cutting interest rates comes rising concerns over the global race to the bottom. As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterparts are heading in the ...
What Draghi’s Bond Buying in Europe Means for U.S. Debt Markets
January 23rd, 2015
The European Central Bank’s resolve to funnel more than a trillion dollars into the region’s capital markets may be a boon for borrowers across the Atlantic. ECB President Mario Draghi unveiled a bond-purchase program to ward off signs of ...
Investors fear global economy slowdown
January 16th, 2015
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...
Earnings Reports 2015: 10 largest U.S. companies
January 14th, 2015
Earnings Reports 2015 The beginning of January marks the start of Q4 earnings season. Among the first ones up this year include an aluminum producer, a tech giant, and a few massive banking firms. Here’s a look at six ...
HSBC, RBS Expected to Cut Bonuses After FX Fines
January 12th, 2015
HSBC Holdings Plc and Royal Bank of Scotland Group Plc are expected to reduce bonus pools after deducting part of the fines paid for foreign-exchange manipulation, the Financial Times reported. Bonus pools at banks including Deutsche Bank AG (DBK) and Barclays Plc (BARC) were also ...
Markets advance as oil rebounds
January 8th, 2015
Markets rebounded and oil rose on Wednesday. US stocks recorded solid gains, with the S&P 500 index snapping a five-day losing streak and recording its first gain in 2015. Investor optimism was boosted as oil markets stabilized and better ...
