• M&A Advisory Fees For Largest U.S. Banks Crossed $2.7 Billion In Q2

    18 days ago - By Forbes

    The five largest U.S investment banks reported more than $2.7 billion in M&A advisory fees in Q2 2018 - a sharp increase from the figure of $2.2 billion in the previous quarter, and well ahead of the $2.5 billion figure reported a year ago.
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  • Global stocks mixed as techs get boost but trade war fears hound markets

    18 days ago - By Reuters

    World stocks were mixed on Wednesday, with fears of an imminent escalation in the tariff war between the U.S. and China holding back gains, though robust results form technology giant Apple Inc boosted a key index on Wall Street.
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  • US construction spending fell 1.1 percent in June

    18 days ago - By Chron

    WASHINGTON - Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years.
    The decline in June brought total construction spending to a seasonally-adjusted $1.32 trillion, 6.1 percent higher than a year ago, the Commerce Department said. June's decline was partly offset by an upward revision of May's figure to 1.3 percent from 0.4 percent.
    Despite the June declines, analysts expect construction spending to contribute to overall growth in the economy this year...
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  • Banks: global business boosts BNP, profits jump at Lloyds

    18 days ago - By Reuters

    France's largest listed bank, BNP Paribas, beats Q2 forecasts after its global business offset a sharp fixed income trading fall and domestic weakness. And Britain's Lloyds sees its shares surge on a 23 per cent jump in the first half - despite another hefty provision for insurance mis-selling. Lea Jakobiak reports.
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  • High-Yield Corporate Bonds Are Looking Good

    High-Yield Corporate Bonds Are Looking Good

    18 days ago - By ETF Daily News

    From Franklin Templeton Investments : In 2018, rising inflation, higher US interest rates and escalating trade tensions have led to concerns about global economic growth and bouts of equity-market volatility.
    However, Ed Perks, CIO of Franklin Templeton Multi-Asset Solutions, says corporate credit has been a bright spot for fixed income investors. He gives his outlook for the global economy and explains why he still sees value in select high-yield bonds.
    As we head into the latter half of 2018, rising inflation and higher US interest rates?against a backdrop of intensifying global trade...
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  • Apple's Solid Results Will Help The Dow Jones Industrial Average

    18 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis recaps Tuesday's trading action and updates the important technical levels to watch for the major U.S. averages.
    Equities opened higher on Tuesday, after several weak sessions. Economic reports came in as expected and there was a hint that Trade talks may be improving. The Nasdaq 100 , which has been getting slammed because of the FANG and big Techs, met some important support on Monday PM. The NDX bounced off this support and Industrials were moving up on the Trade optimism to move all indices higher.
    The major indices hit...
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  • Five Largest U.S. Banks Capture A 42% Wallet Share In Global Equity Capital Markets In Q2

    18 days ago - By Forbes

    The five largest U.S investment banks pocketed more than $2.2 billion in equity underwriting fees in Q2 2018 - the best performance in that regard in three years.
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