Bats Global Markets (Pending:BATS) expects to raise ~$200 million in its upcoming IPO. Based in Lenexa, Kansas, Bats Global Markets is the largest U.S. equities market operator with four exchanges: t...
From the National Federation of Independent Business The Index of Small Business Optimism fell 0.3 points from February, falling to 92.6. Statistically, no change. Four of the 10 Index components post...
The notion that value outperforms in the long run is a staple in the financial literature, and for an obvious reason: the historical record tells us so. But the last nine years tell a different story,...
The yen continues to move markets. After hitting a 17-month high of 107.63 per dollar Monday , it looked set to weaken Tuesday for the first time in eight sessions, sending Asian markets rallying. Jap...
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 +0.29%) are up +0.34% and European stocks are up +0.37% as a +0.50% rally in crude oil to a 2-1/2 week high boosts energy producers. Mining stoc...
In recent days, we have observed a distinct trading pattern: a ramp early in the US morning, usually triggered by some aggressive momentum ignition, such as today’s unexplained pump then dump in...
Since its shotgun marriage with Merrill Lynch back in 2008, Bank of America (BAC:NYSE) has struggled to deliver positive results to shareholders as it lumbers forward under the burden of legacy disput...
No wonder the Red Ponzi consumed more cement during three years (2011-2013) than did the US during the entire twentieth century. Enabled by an endless $30 trillion flow of credit from its state co...
AUD/USD: Having the pair extended its upside pressure to close higher on Monday and was seen following through higher on Tuesday, further strength is envisaged. On the downside, support resides at the...
There are three highlights to the foreign exchange market today. First, the yen is marginally softer. The yen’s strength this month has been the main development. After making a marginal new hi...