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Greek Debt Talks Nearing An End
Wednesday, April 1, 2015 - 9:34am | 416After months of negotiations between the EU and Greek officials, it seems that the talks regarding Greece's bailout package are nearing their end, for better or worse. Although it has been a bumpy road, most believe that the two sides will reach an agreement before April 20, when Athens is...
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Benzinga Market Primer: Monday, August 12: Futures Lower After Weak Japan Data
Monday, August 12, 2013 - 6:27am | 998Futures Lower After Weak Japan Data U.S. equity futures traded lower in early pre-market trade following a much weaker than expected GDP report out of Japan. With little data out today in the U.S. and thin trading volumes due to the time of the year, volatile trading could be on tap. Top News In...
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Benzinga Market Primer: Monday, July 8: Earnings Season Begins!
Monday, July 8, 2013 - 6:33am | 877Futures Gain Into Earnings Season U.S. equity futures rose in early pre-market trade heading into the unofficial start of earnings season after the bell as Alcoa (NYSE: AA) is expected to report second quarter results. Top News In other news around the markets: The Troika finished its review of...
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Benzinga Market Primer: Tuesday, July 2: Futures Gain Into Fed Speak
Tuesday, July 2, 2013 - 6:27am | 1191Futures Gain Into Fed Speak U.S. equity futures rose in early pre-market trade ahead of key speeches from FOMC voting members. New York Fed President William Dudley, who is a permanent voting member and is in charge of the open market operations for the Fed, is set to speak this morning followed...
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Benzinga Market Primer: Monday, April 29
Monday, April 29, 2013 - 6:20am | 1114Futures Rise on Stimulus Hopes Despite Weak GDP U.S. equity futures rose in early pre-market trade following gains in Europe on hopes of a rate cut from the European Central Bank this Thursday as markets shrugged off the weak GDP report from last Friday. The ECB is expected to cut the benchmark...
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Benzinga Market Primer: Tuesday, March 12
Tuesday, March 12, 2013 - 6:49am | 989Futures Slide on Asian Weakness U.S. equity futures slid in early pre-market trade after Asian shares reversed early gains to close lower. The Japanese Nikkei Index broke an eight-day winning streak to close lower after opening higher and raising hopes of a record nine-day winning streak. Top...
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Benzinga Market Primer, Tuesday, December 4
Tuesday, December 4, 2012 - 7:21am | 928Futures Flat Following Wall Street Sell Off U.S. equity futures were flat in pre-market trading Tuesday following Monday's late day sell off. Stocks teetered around flat for most of the day Monday but sold off into the close on fears that a Fiscal Cliff deal is still a long ways away. Also, the...
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Benzinga Market Primer, Monday, December 3
Monday, December 3, 2012 - 7:56am | 780Futures Rise on Chinese Data U.S. equity futures rose slightly in early Monday trade following a slew of Chinese data over the weekend. The Chinese Manufacturing PMI rose to 50.6 in November from 50.2 in October, showing a continued recovery in the sector. In addition, the official Services PMI...
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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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Futures Flat Monday Despite Better Economic Data from U.S.
Monday, November 5, 2012 - 7:10am | 1040U.S. equity futures were flat in early Monday trading as positive sentiment from better economic data in the U.S. was offset by bad news out of Spain. Over the weekend, German paper Die Welt reported that the European Central Bank may have broken its own rules in collateralized financing operations...
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Rest In Peace, Greece
Monday, September 12, 2011 - 10:07am | 841According to the Wall Street Journal, Greece's creditors are expected to release another tranche of money to the debt-ridden country, after the country announced additional taxes to cover a €2 billion shortfall in revenues. You know what? It does not matter. Greece is going to fail soon anyway...
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Did Germany's Supreme Court Ruling Start The End Of The Euro?
Wednesday, September 7, 2011 - 11:12am | 813We got news out of Germany this morning that the German constitutional court approved the Euro Financial Stability Fund, and the first Greek bailout. While this was expected, the court did make sure to note that the ruling was tight, which could be a sign for next time that things will not go as...
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Benzinga's Political Roundup July 21, 2011
Thursday, July 21, 2011 - 11:55am | 86A legal battle over a potential hack by a News Corp (NASDA: NWSA) subsidiary has been referred to the FBI. The Federal Reserve is preparing for the possibility that the United States could default. Greece is getting closer to being rescued, as German and French leaders have agreed to plans to...
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Zings Of The Day July 8, 2011
Friday, July 8, 2011 - 3:44pm | 85President Barack Obama and Congress are going to work over the weekend to try to reach a deal about deficit reduction and raising the debt ceiling. Since this requires real leadership, I want to know one thing. Why are our politicians involved? The IMF approved sending more than 3 billion euros...
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Benzinga's Political Roundup July 6, 2011
Wednesday, July 6, 2011 - 11:57am | 185President Barack Obama asked Congress yesterday to get a deal done on raising the debt ceiling, as opposed to a makeshift, short-term solution. Obama also wants tax hikes included in the deficit reduction deal. Yesterday, Moody's cut Portugal's credit standing to junk, warning the country may...