Credit Suisse to borrow up to $54B to calm investor fears
From Newsmax Credit Suisse on Thursday said it was taking “decisive action” to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit…
Credit Suisse unease sparks world stock sell-off
From Newsmax U.S. stocks dropped Wednesday as turbulence at Credit Suisse revived fears of a banking crisis, eclipsing bets of a smaller interest rate hike in March following weak economic data. Troubles at Credit Suisse have piled more pressure on…
JPMorgan Chase, Credit Suisse support Golden Entertainment acquisition of American Casino & Entertainment Properties
From ABL Advisor Golden Entertainment Inc. announced that it completed its previously announced acquisition of American Casino & Entertainment Properties LLC, for $850 million from Whitehall Street Real Estate Partners 2007 in a cash and stock transaction. The acquisition of…
CREDIT SUISSE: Hedge funds are dumping these 11 big-name stocks
By Seth Archer It’s easy to be distracted by a high market capitalization. Companies that have worked their way to the top of their fields must have made some right moves along the way. But past returns are not necessarily…
Growth, Value, and Dividend Aristocrats
By: Ashley Kindergan From The Financialist There are numerous reasons to be optimistic about global equities in the coming year. Capital is plentiful; central banks in Europe, the United Kingdom, and some Asian economies have an easing bias; and the…
What to make of the Japanese market
By: Ashley Kindergan From The Financialist What’s next for Japanese corporate earnings? Well, that depends. Consider the April-to-June Japanese earnings season, which can be considered a pleasant surprise or a bleak portend based on which numbers you choose to accentuate….
A blueprint for Brazil’s fiscal reforms
By Ashley Kindergan From The Financialist Golden globe with emphasis on Brazil and its economy. It went down to the wire, but the stadiums are complete, the brand-new metro line is up and running, and the 2016 Olympic Games in…
The great new era of Bitcoin isn’t happening
By Kim Iskyan, Truewealth Publishing From Business Insider The big new thing isn’t going to replace the boring old thing that’s been around forever. Ever. Market bubbles are often based on “new paradigm” thinking – like a new concept or technology…
Why Aren’t Businesses Investing?
By Ashley Kindergan From The Financialist Interest rates in developed economies have been declining for the past 40 years. At this point, 60 percent of global GDP is generated in countries that have negative or near-zero interest rates. Germany and…
Gusto for gold mines
By Alice Gomstyn From The Financialist It’s been a good year for gold. Gold spot prices hit $1,360 per ounce in early August, up 28% percent since the beginning of the year, buoyed by low interest rates and more recently,…