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UPDATE: Downgraded Apple faces 'saturated market' for iPhones -- analysts react to earnings That said, the report prompted a downgrade from analysts at KeyBanc Capital Markets, who cut Apple to sector weight from overweight Friday. They said a big cash return should help support the stock, but they still see little upside for the tech giant's shares. "While we hesitate to downgrade the shares of ...
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Can finance cure cancer? How do you drive investors to spend money on cutting-edge cancer treatments? One idea, according to economist Andrew Lo, is to sell securities in a megafund of research projects. Economics correspondent Paul Solman explores how financial engineering could be the starting point for curing cancer.
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BMO Capital Markets partners with Trade Informatics BMO Capital Markets (BMO), a subsidiary of BMO Financial Group, has partnered with Trade Informatics (TI). The agreement means BMO will have access to TI's transaction cost analysis (TCA) tools to enhance the execution of algorithmic trades. The partnership will allow BMO to measure and evaluate ...
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USD/JPY – Yen Subdued, Markets Await US Nonfarm Payrolls The Japanese yen is trading sideways in the Thursday session and continues to have a quiet week. In North American trade, USD/JPY is trading at 109.28, up 0.08% on the day. On the release front, Japanese Final Manufacturing PMI improved to 54.8, above the estimate of 54.4 points. In the US, key ...
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Deutsche Bank in the red again following Trump tax reform It's a crucial benchmark in global financial markets that plays no small role in determining the values of trillions of dollars in interest-rate swaps and other financial instruments. CFTC officials said abuses occurred between 2007 and 2012. "There is no room in our markets for manipulation," CFTC Director ...
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