March 30, 2021
“Global banks may lose more than $6 billion from the downfall of Archegos Capital, sources familiar with trades involving the U.S. investment firm said on Monday, and regulators and investors fear the episode could reverberate more widely. Japan’s Nomura and… Continue Reading…
March 30, 2021
“Investment banks Credit Suisse and Nomura said they would incur significant losses after the U.S.-based hedge fund was forced into a fire sale of assets and defaulted on its margin calls. “The estimated amount of the claim against the client… Continue Reading…
March 29, 2021
“Boeing – Shares of the aircraft maker gained more than 2%, becoming the biggest outperformer in the Dow Jones Industrial Average in midday trading. The advance came after news that Southwest Airlines had added 100 orders for the airliner’s 737 Max jet.… Continue Reading…
March 29, 2021
“The forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm is drawing attention to the covert financial instruments he used to build large stakes in companies. Much of the leverage used by Hwang’s Archegos… Continue Reading…
March 26, 2021
“Recently, Reddit investors have been heavily focusing on trading penny stocks. Why are so many of these social media investors buying penny stocks?… The story of starting small and making it big is ages old. But in 2020 and 2021,… Continue Reading…
March 26, 2021
“BorgWarner, Inc. (BWA)… Brinkman is not an outlier in his bullish stance, but there is some division on Wall Street regarding BWA. The analyst consensus view is a Moderate Buy, based on 14 recent reviews breaking down to 8 Buys, 5… Continue Reading…
March 25, 2021
“Oncolytics Biotech (ONCY)… Turning now to the rest of the Street, other analysts are on the same page. With 5 Buys and no Holds or Sells, the word on the Street is that ONCY is a Strong Buy. Given its… Continue Reading…
March 25, 2021
“First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday. Claims totaled 684,000 for the week ended March 20, the first time the number… Continue Reading…
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