Posts Tagged ‘markets’

Markets snub EU pledge to help Greek with debt

Markets snub EU pledge to help Greek with debt
Currency markets on Thursday snubbed European leaders’ vague pledge of support to help Greece avoid defaulting on its debt, sending the euro down against the U.S. dollar and doing little to halt fears of market contagion.

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ECB May Be Forced to Delay Exit as Greece Unnerves Markets

ECB May Be Forced to Delay Exit as Greece Unnerves Markets
Feb. 9 (Bloomberg) — The European Central Bank may be forced to delay the withdrawal of emergency lending measures because it could inflame financial-market concerns about Greece, Spain and Portugal, economists said.

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BC Partner’s Medica Cuts IPO Price by 33% After Markets Drop

BC Partner’s Medica Cuts IPO Price by 33% After Markets Drop
Feb. 8 (Bloomberg) — Medica , the French retirement-home operator owned by BC Partners Ltd., cut the price for shares in an initial public offering by as much as 33 percent after stock markets dropped.

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Lightning trades can tear up markets

Lightning trades can tear up markets
David Roeder: Math geniuses could be the ruin of us all. They’ve been busy at tradingfirms around the country, and especially in Chicago, building computersystems with Frankenstein zeal that analyze prices and execute tradesfaster and faster, beyond the speed of human action or common sense.

Read more on Chicago Sun-Times

Bank Bonds Lure TCW as Stocks Tumble, P&G Sells: Credit Markets

Bank Bonds Lure TCW as Stocks Tumble, P&G Sells: Credit Markets
Feb. 2 (Bloomberg) — President Barack Obama’s proposals to limit the size of U.S. banks helped wipe out $430 billion of financial companies’ stock market value and also made their bonds irresistible to some of the nation’s biggest investors.

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Floating-Rate Note Sales Tumble on Fed Outlook: Credit Markets

Floating-Rate Note Sales Tumble on Fed Outlook: Credit Markets
Jan. 28 (Bloomberg) — Sales of floating-rate corporate bonds are fizzling, falling 68 percent from the start of the year, on growing expectations that central banks will refrain from raising borrowing costs anytime soon.

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Asia Roundup: China credit concerns dog markets

Asia Roundup: China credit concerns dog markets
HONG KONG: Persistent concerns that China will put a cap on its banks’ lending weighed on Asian stock markets yesterday, as a stronger yen overshadowed positive Japanese trade data. With the possibility that loans may be restricted in China, a key export destination for many of the region’s economies, investors are remaining cautious due to fears over revenues. “The market has been plagued by …

Read more on Business Times (Malaysia)

RenCap to hire 200 for emerging markets push

RenCap to hire 200 for emerging markets push
Moscow-based investment bank Renaissance Capital plans to hire between 200 and 250 staff this year as it continues the expansion of its global operations, less than 18 months after becoming one of the financial institutions to be worst hit by the credit crisis.

Read more on eFinancial News

Corporate-Government Spread Widens: Credit Markets (Update3)

Corporate-Government Spread Widens: Credit Markets (Update3)
Jan. 18 (Bloomberg) — The cost to borrow in the corporate bond market is rising for the first time since November as Barclays Plc, Lloyds Banking Group Plc and more than a dozen other European banks sell record amounts of fixed-income securities to refinance $2 trillion of debt due this year.

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Asset-Backed Revival in Europe Led by Ford, BMW: Credit Markets

Asset-Backed Revival in Europe Led by Ford, BMW: Credit Markets
Jan. 14 (Bloomberg) — Europe’s asset-backed bond market, dormant for a year, is coming back to life as Bayerische Motoren Werke AG and Ford Motor Co.

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