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1 min read

5 Important Economic Reports Coming Today, Including An Update On Deleveraging

Here's a quick preview with some commentary from High Frequency Economics Jim O'Sullivan:bitzcelt /…

Sam Ro   


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3 mins read

Carl Icahn criticizes petroleum giant Occidental's recent mega-merger, says Warren Buffett took its CEO 'to the cleaners'

"Mr. Icahn's own statements demonstrate that he does not understand or support the strategic and fi…

Carmen Reinicke   


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3 mins read

Ray Dalio revealed to us the one key investing strategy he's used to build his $18 billion fortune

Starting from scratch, Dalio was able to create the world's largest hedge fund, Bridgewater Associa…

Christopher Competiello,Richa…   


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2 mins read

L Brands crushes earnings despite the ongoing collapse at Victoria's Secret

Revenue of $2.6 billion was in line with analyst estimates, though virtually flat from the first qu…

Arjun Reddy   


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1 min read

Citi Earnings Beat Expectations, But The Consumer Is Still Deleveraging

North America GCB revenues declined 1% to $5.1 billion driven mainly by lower retail banking revenu…

Sam Ro   


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3 mins read

JPMorgan quant guru Marko Kolanovic shared with us the often-overlooked force dictating market returns - and revealed what it's saying about the future

"Fundamentals haven't been overwhelmingly positive over the last two months, yet the market has bee…

Joe Ciolli   


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3 mins read

Goldman Sachs flagged 5 'pockets of risk' that could spark a recession

The second of Karoui's five "pockets of concern" is the $1.1 trillion leveraged loan market, which …

Theron Mohamed   


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2 mins read

China's decision to re-leverage its economy is a major U-turn, and could have serious consequences

It suggests that investors are buying the boom in stock prices that have come about on greater trad…

Callum Burroughs   


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3 mins read

General Electric is soaring after announcing plans to sell its biopharma business, has gained nearly 70% since December

"The key aspect here, to us, is more clarity on de-leveraging around where the 'value' of the asset…

Ethel Jiang   


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2 mins read

Beer giant Molson Coors slides after missing on sales and saying it made accounting errors

"We accomplished much in 2018, delivering strong free cash flow and meeting our deleverage commitme…

Ethel Jiang   


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3 mins read

China's hopes of becoming the world's largest economy are hitting a major roadblock

It could also become increasingly difficult to stave off a slowdown as an ongoing trade war between…

Gina Heeb   


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3 mins read

We just got the latest indication that Wall Street loves GE's restructuring plan

"We think GE is on track to make significant progress towards the 2.5x net debt/ EBITDA target for …

Ethel Jiang   


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2 mins read

General Electric spikes 8% after saying it's shrinking its debt and agreeing to a settlement over its obsolete subprime-mortgage business

"The GE story is about a transfer of asset value away from the equity holder - more of a salvage si…

Jonathan Garber   


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3 mins read

Joe Ciolli,Henry Blodget   


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5 mins read

The world's record-shattering debt load was the talk of Davos. Here's what the biggest experts from around the globe had to say.

Specific commentary: "The government has ramped up efforts to deleverage the economy. Through a wid…

Joe Ciolli   


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3 mins read

Joe Ciolli   


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2 mins read

A growing number of companies are flashing a warning sign on China's economy

To be sure, not all corporations are struggling in China. Nike, for instance, saw double-digit perc…

Gina Heeb   


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2 mins read

Apple sounds the alarm on a slowdown in China

"As the climate of mounting uncertainty weighed on financial markets, the effects appeared to reach…

Gina Heeb   


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3 mins read

General Electric slumps after Deutsche Bank slashes its price target

In order to increase investor confidence, GE management has been speeding up efforts to reduce debt…

Ethel Jiang   


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2 mins read

JD.com shares tank after missing on revenue as China's economic growth slows

JD.com's disappointing revenue growth came as the world's second-largest economy cools down amid de…

Ethel Jiang  Â