Search results for "HIT"



About 2515 results. Sort By: Date | Relevance
Why mini-boom for utilities is suspicious

Utilities are one of the hottest sectors this year, but investors may want to be suspicious about the climb.
Source: | By: Bob Pisani
FOREX-U.S. dollar falls with oil, equities as markets seek safety

NEW YORK, Feb 9- The U.S. dollar fell sharply on Tuesday to its lowest level in nearly four months, as measured by an index of major currencies, with fears of a global economic slowdown pushing investors into safe-haven currencies like the Japanese yen and Swiss franc. The U.S. dollar index, which measures the greenback against a basket of world currencies, fell to...
Source: Reuters | By: Dion Rabouin
Negative U.S. rates possible, but no panacea for economic woes

Feb 9- As interest rates turn negative around the world and Federal Reserve Chair Janet Yellen prepares to testify before Congress on Wednesday, investors are wondering how the Fed will respond and how far it could go. Some investors believe that should market conditions worsen, the Fed will be forced to join central bankers in Japan, the euro zone and others in...
Source: Reuters | By: Dion Rabouin
PRECIOUS-Gold nears 7-1/2-month high as stocks remain volatile

*Stops short of $1,200 an ounce on Tuesday. NEW YORK/ LONDON, Feb 9- Gold turned higher on Tuesday but hovered beneath the previous session's 7-1/ 2- month high of $1,200 an ounce, buoyed by risk aversion as equities remained volatile and the dollar extended losses. Spot gold was up 0.1 percent at $1,192.30 an ounce at 2:12 p.m. EST, below the session high of $1,198.90...
Source: Reuters | By: Mark Potter, David Evans and Andrew Hay)
UPDATE 2-UniCredit's board backs CEO after reporting surprise profit

MILAN, Feb 9- UniCredit, Italy's biggest bank, reported better than expected results on Tuesday, with the board reiterating its support for Chief Executive Federico Ghizzoni, despite growing disquiet among some influential shareholders. UniCredit posted a net profit of 153 million euros in the fourth quarter, whereas analysts had on average been expecting a...
Source: Reuters | By: Silvia Aloisi
WRAPUP 1-More Americans quitting jobs as labor market strengthens

WASHINGTON, Feb 9- U.S. job openings surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labor market strength despite a slowdown in economic growth. said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. Job openings, a measure of labor demand, increased 261,000 to a...
Source: Reuters
Trading the unheard-of fall in yields to zero

CNBC Pro asked top Wall Street strategists and money managers how investors should position their portfolios as the Japan 10-year bond yield goes negative.
Source: | By: Tae Kim
UPDATE 1-Banks eye more cost cuts amid global growth concerns

Feb 9- Goldman Sachs Group Inc and other U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have sent the sector's shares down sharply. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," Goldman Chief...
Source: Reuters | By: Olivia Oran
Viacom shares plunge 15% as revenue misses

Viacom reported a steeper-than-expected drop in quarterly revenue, hurt by lower advertising sales in the United States and few hit movie releases.
Source: Reuters
Portuguese yields jump as markets look for weak links again

LONDON, Feb 9- Portuguese 10- year yields hit their highest since October 2014 on Tuesday as investors concerned about global growth and the health of the financial sector moved their money out of lower-rated markets. Growth concerns sparked by a slowdown in China have raised questions about banks, pushing the stress indicators in interbank markets in Europe...
Source: Reuters | By: Marius Zaharia