Monthly Archives: September 2022
Boeing to Pay $200 Million to Settle SEC Charges that it Misled Investors about the 737 MAX
(HedgeCo.Net) The Securities and Exchange Commission has charged The Boeing Company and its former CEO, Dennis A. Muilenburg, with making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019. The crashes involved Boeing’s 737 MAX airplane […]
Australia stocks slide 2%; Asian markets drop as investors weigh Fed hike
(CNBC) Asia-Pacific shares fell on Friday as investors continue to weigh the Federal Reserve’s aggressive stance. In Australia, the S&P/ASX 200 fell 2.28% on its return to trade after a holiday on Thursday. South Korea’s Kospi dipped 1.82% and the […]
Hedge funds up bets against US treasuries ahead of FOMC announcement
(Hedgeweek) With an interest rate announcement from the US Federal Open Market Committee looming large on Wednesday, hedge funds have ramped up their short bets against US Treasuries, according to a report by Bloomberg. To read this article:
C Capital targeting $500m to invest in crypto and private equity
(Hedgeweek) C Capital is planning to raise $500 million for investments in blockchain assets as well as the credit and private equity spaces on the assumption that the prices of both digital assets and private companies are bottoming out, according […]
FedEx’s bleak warning could reflect global economy ? and company’s own shortcomings
(CNBC) FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company shortcomings or a broader economic diagnosis. To read this article:
Salesforce aims for 25% operating margin in 2026 with more efficient spending
(CNBC) Salesforce stock rose almost 3% in extended trading on Wednesday after the enterprise software maker announced a new long-range profitability goal that showed the company’s determination to operate more efficiently. Several cloud software companies, including Salesforce, have become less […]
Stock futures fall as traders weigh another large rate hike from Federal Reserve
(CNBC) U.S. stock futures fell on Thursday morning following a volatile session in the major averages as traders weighed another large rate hike from the Federal Reserve. Dow Jones Industrial Average futures declined by 109 points, or 0.36%. S&P 500 […]
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
(CNBC) The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring down inflation running near its highest levels […]
2-year Treasury yield surges above 4.1% after Fed hike, highest level since 2007
(CNBC) The yield on the 2-year Treasury note topped 4.1% after the Federal Reserve raised interest rates by another 0.75 percentage point, and surged to its highest level since 2007. The policy-sensitive 2-year Treasury rose 15 basis points to 4.113%, […]
Morgan Stanley Smith Barney to Pay $35 Million for Extensive Failures to Safeguard Personal Information of Millions of Customers
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Morgan Stanley Smith Barney LLC (MSSB) stemming from the firm’s extensive failures, over a five-year period, to protect the personal identifying information, or PII, of approximately 15 million customers. MSSB […]
Emerging markets hedge funds battle surging inflation and currency risks
(Hedgeweek) Emerging Markets hedge funds extended Q2 declines through August, with losses again driven by exposure to Russian assets as well as the acceleration of global inflation, rising US interest rates and slowing economic growth, according to the latest data […]
Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most
(CNBC) It’s not what the Federal Reserve does, but what it says it could do in the future that will be most crucial when the central bank ends its two-day meeting Wednesday. The Fed is expected to fire off another […]
