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How Will Americans Heat Their Homes This Winter? Concern Growing Over Decades-Low Inventory Of Heating Oil
Monday, August 15, 2022 - 4:02pm | 569Global disruptions in the energy supply chain are becoming a cause of concern for households and industry. Supply shortages in energy used for heating, specifically, could become a problem for the winter ahead in the U.S. and Europe. Prices for heating oil are down 30% since March, according...
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Fintech Focus For May 3, 2021
Sunday, May 2, 2021 - 7:25pm | 1759Quote To Start The Day: “In three words I can sum up everything I've learned about life: it goes on.” Source: Robert Frost One Big Thing In Fintech: Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Deutsche Bank, Commerzbank Call Off Merger Talks On Regulatory Risks, Capital Requirements
Thursday, April 25, 2019 - 8:19am | 407Although it initially surged 4 percent on the news, Deutsche Bank AG (NYSE: DB) shares traded down 2 percent Thursday after the firm called off merger talks with Commerzbank. What Happened After six weeks of negotiations, the pair abandoned a potential deal after regulators and investors expressed...
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Deutsche Bank Trades Higher After Confirming Merger Talks With Commerzbank
Monday, March 18, 2019 - 8:33am | 369Shares of Deutsche Bank AG (NYSE: DB) gained 5 percent Monday morning after confirming it's in merger talks with fellow German-based bank Commerzbank. What Happened Deutsche Bank and Commerzbank, the two largest German banks, each confirmed in statements over the weekend they're discussing...
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The Latest In Deutsche Bank's Woes: Is A Merger In The Works?
Wednesday, December 12, 2018 - 12:31pm | 422German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...
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So Much For The OPEC Deal: Oil Trading Near Multiweek Lows
Thursday, June 1, 2017 - 9:50am | 334The Organization of the Petroleum Exporting Countries extended a 2016 agreement which calls on most of its members and several non-members to collectively lower their oil output to help support oil prices. One week later, the price of oil is flirting with a multiweek low — causing some...
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Gold Surges To Multi-Year High On A 'Perfect Storm' Of Factors
Wednesday, July 6, 2016 - 8:39am | 396The price of an ounce of gold continued to rise Wednesday morning and is now trading at its highest levels since 2014. An ounce of gold for August delivery was trading at $1,358.70, while the most commonly used exchange-traded fund that tracks the price of gold, the SPDR Gold Trust (ETF) (NYSE: GLD...
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Top Trending Tickers On StockTwits For February 14
Friday, February 14, 2014 - 12:06pm | 902Here's a look at the top tickers trending on StockTwits.com Tesla: Robust sales in California According to Bloomberg, Tesla Motors' (NASDAQ: TSLA) Model S sedan ranks third place among luxury cars in California in 2013. According to a market report from the California New Car Dealers...
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European Banks Feeling The Effects of Detroit Bankruptcy
Thursday, October 3, 2013 - 1:52pm | 382Detroit is not the only place affected by its current bankruptcy filings. According to The Detroit News, several European banks are on pace to lose millions of dollars Banks in Germany, Belgium and Luxembourg are among those that purchased the city of Detroit's debt. The institutions are now...
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FX Technicals: Where Are We Now?
Tuesday, June 11, 2013 - 10:28am | 628Currency pairs have been on the move over the past few weeks, most notably with the yen regaining some ground and the dollar's gains stalling. However, the moves in currencies have actually led those of stocks, so traders would be wise to take note of where currencies are heading from here. Yen...
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Benzinga Market Primer, Friday November 30
Friday, November 30, 2012 - 8:09am | 839Futures Flat on Budget Negotiations U.S. equity futures were flat in pre-market trading Friday as Congressional leaders continue to search for a resolution to the fiscal cliff. Republican leaders rejected a plan submitted by President Obama, citing it as a rehash of former plans, but Treasury...
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EUR/USD is Likely to Trend Downwards Over Coming Days, According to Commerzbank Analyst
Friday, July 29, 2011 - 2:55pm | 104Questions which remained unanswered following the EU summit are more disconcerting for the markets than the controversy regarding the debt ceiling in the US. The EUR/USD is likely to trend downwards over the coming days, according to Antje Praefcke analyst at Commerzbank. "On this backdrop, despite...
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Strong Dollar Pushes Down Spot Gold
Friday, January 15, 2010 - 8:14am | 131Spot gold prices fell as demand remained subdued and the dollar reached a one-week high against the euro. Analysts point out that mixed economic data and uncertainty regarding the dollar’s movement are confining gold prices to a narrow range. Spot gold traded 0.8% lower at $1,132.45 per troy ounce...