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The stock market has been getting slammed. As of Tuesday’s close, the S&P 500 was down 12.5% from its all-time high of 2,134, which it set on May 20.But there’s some good news for investors with cash to allocate: valuations have gotten a lot more attractive.The price-to-earnings (PE) ratio — the price of the S&P 500 divided by the […]
Europe slips lower, Deutsche Bank surges up to 5% – CNBCThe bank said it will appoint John Cryan to become co-chief executive effective July 1, 2015 to replace Anshu Jain who steps down on June 30, 2015.Read MoreDeutsche Bank: Why the dual-CEO system failedThe lender also said co-CEO Juergen Fitschen to remain in his current role until conclusion of annual […]
Stock markets around the world have been on an extended bull run for a long time now, but economists are getting increasingly worried that it could soon be coming to an end.Two new charts, from Deutsche Bank and Bank of America Merrill Lynch, show that shares are in too-good-to-be-true territory and that if history is anything to go by, they’re […]
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The eye-popping volatility and explosive nature of China’s stock market lately has the world’s traders watching in awe.Business Insider’s David Scutt noted that China’s Shanghai Composite index crashed a breath-taking 11% in the past two days before recovering some of its losses.Still, the index is up 43% since the beginning of the year and up 134% from a year […]
Shares of Sagent Pharmaceuticals Inc (NASDAQ: SGNT) and Impax Laboratories Inc (NASDAQ: IPXL) were up on Wednesday, after analysts at Deutsche Bank initiated coverage on Tuesday.
Sagent Pharmaceuticals
The analysts initiated coverage of Sagent with a Buy rating and a $29 price target. They say they have always liked the biotech company’s “focus on the attractive generic injectables segment but now believe […]
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This six year old bull market has been marked by both low volatility and declining trading volumes.The trading volumes story is a somewhat complex. Some argued that it was a sign of “low confirmation,” meaning investors didn’t have a lot of conviction in their purchases as reflected by small bets.Some argued that because prices were actually higher, the dollar […]
Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) jumped more than 15 percent in the current trading session following the news that Regency Energy Partners is acquiring midstream business of Eagle Rock in a deal valued at about$1.3 billion. EROC shares are trading in the range of $5.34 to $6.14 today. The company has a market capitalization of $973.51 million.Rite Aid Corporation […]
The current stock market rally has been a pretty smooth, upward ride for investors.But it’s been a whopping 553 days since we’ve been in a healthy 10%+ sell-off.Are we past due for a correction?”A correction is not past due,” writes David Bianco in his 2014 outlook.Bianco runs us through the history of corrections in his note:S&P 500 corrections of […]
One reason why stock market trading volumes have trended higher is because the cost of trading has come down sharply.Deustche Bank’s David Bianco included this chart in his 2014 outlook for the stock market.”Transaction costs related to owning large cap stocks have plummeted in the past few decades and remain low relative to most other assets,” wrote Bianco. “We […]
One reason why stock market trading volumes have trended higher is because the cost of trading has come down sharply.Deustche Bank’s David Bianco included this chart in his 2014 outlook for the stock market.”Transaction costs related to owning large cap stocks have plummeted in the past few decades and remain low relative to most other assets,” wrote Bianco. “We […]
