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Press Releases

Cramer's game plan: All eyes on employment, Fed could pull the trigger

Jim Cramer has this number on his radar next week. To say it is important would be an underestimation.


Williams tells Energy Transfer it would consider new offer -sources

May 27- Williams Cos Inc has informed Energy Transfer Equity LP that it is open to considering a new offer that would amend terms of its $20 billion sale to its larger U.S pipeline peer in an effort to end a stalemate between the companies, according to people familiar with the matter. Energy Transfer's proposed acquisition of Williams has been in doubt for months,...

Source: Reuters

UPDATE 1-U.S. natgas speculators switch from net long to net short -CFTC

Speculators in four major NYMEX and ICE markets cut 35,323 contracts, changing their bets from a bullish 30,626 net longs in the week to May 17 to a bearish 4,695 net shorts in the week to May 24, the U.S. Commodity Futures Trading Commission said on Friday. Before April, the market was net short for 66 weeks in a row from December 2014 through the end of March 2016 as...

Source: Reuters

Janet Yellen says Fed could raise rates in coming months

CAMBRIDGE, Mass.— Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving. While economic growth was relatively weak at the end of last year and beginning of this year, it appears to be picking up now based on recent data, Yellen said during a discussion at Harvard University.

Source: The Associated Press

UPDATE 1-Verizon and unions reach tentative deal to end labor strike

NEW YORK, May 27- Verizon Communications Inc and unions representing nearly 40,000 wireline workers have reached a tentative deal to end a strike that has stretched for more than month, U.S. The action was called by the Communications Workers of America and the International Brotherhood of Electrical Workers. Verizon Communications and representatives...

Source: Reuters

Quiet end to European markets for the week

CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB set to begin corporate easing next week.


Market headwinds turn to tailwinds by year end: Pro

Darrell Cronk, Wells Fargo Investment Institute, and Mike Ryan, UBS, share their outlook on the markets.


Data shows rate hike by end of year: Pro

The market is under-pricing the probability of an increase in interest rates, says Jim Cahn, Wealth Enhancement Group sharing his outlook on the markets. Also Cahn explains why energy prices have room to go a little higher.


Pondering ‘terrible force’ unleashed in past: Obama

“The world war that reached its brutal end in Hiroshima and Nagasaki was fought among the wealthiest and most powerful of nations” says U.S. president, Barack Obama at Hiroshima.


Obama remembers Hiroshima

Speaking at Hiroshima, U.S. president, Barack Obama references the mushroom cloud caused by the atomic bombs dropped on Japan at the end of World War II.