Trading

Do trade deficits make the US a global weakling? Not so fast

FILE – In this Thursday, July 13, 2017, file photo, a crane transporting vehicles operates on a container ship at the Port of Oakland, in Oakland, Calif. U.S. President Donald Trump and his economic advisers see the country’s trade deficits as a sign of economic weakness. They point to 41 straight years of U.S. trade deficits as evidence that America ...

Read More »

MLBTR Mailbag: Camargo, Ellsbury, – MLB Trade Rumors

Thanks for sending your questions in this week. Remember, you can also throw inquiries at our writers in our weekly chats. I host mine at 2pm CST on Tuesdays, Jason Martinez goes at 6:30pm CST on Wednesdays, and you’ll find Jeff Todd at 2pm CST on Thursdays. “Coming up through the Braves system Johan Camargo was primarily known solely for ...

Read More »

Rupee little changed against US dollar in opening trade

The 10-year bond yield was at 6.436%, compared to its previous close of 6.43%. Bond yields and prices move in opposite directions. Photo: HT Mumbai: The Indian rupee was trading little changed in opening trade against the US dollar before the US payrolls data due later on Friday. The rupee opened at 63.67 a dollar. At 9.15am, the rupee was ...

Read More »

Convicted ex-Shaw executive testifies against brother-in-law at insider trading trial | Courts

A convicted former Shaw Group executive testified Thursday he tipped off his brother-in-law about Shaw’s impending 2012 acquisition by Chicago Bridge & Iron Co. and that both men traded on and profited from the inside information. Federal prosecutors say Scott David Zeringue’s brother-in-law, Ruston dentist Jesse H. Roberts III, turned a $25,000 stock option investment into a $700,000 return thanks ...

Read More »

Overseas Shipholding: Trading At Discount To Asset Valuation With Emerging Tailwinds – Overseas Shipholding Group, Inc. (NYSE:OSG)

Initiation Overview Overseas Shipholding (OSG) owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum. The stock has been in my coverage radar since August 19, 2015 when my coverage focused on the company emerging from bankruptcy and moving in the right direction. On May 23, 2016, I re-initiated coverage on the ...

Read More »

Virtu Financial closes KCG’s European prop trading business

August 3, 2017 by: Philip Stafford in London and Nicole Bullock in New York Virtu Financial is closing the London proprietary trading businesses of KCG Holdings following its $1.4bn takeover of its rival, but will retain a team in the City to build more customer business. The New York group confirmed it was committed to keeping an operation in the ...

Read More »

Fake names, drug lords, suspicious trading and CBA

After spending a fortune on a campaign designed to improve its tarnished image and ward off a royal commission, the banking sector must have done a collective face palm as news swirled that Commonwealth Bank was at the centre of shocking allegations of “serious and systemic non compliance” under the Anti Money Laundering and Counter Terrorism Financing Act. If it ...

Read More »

US-China trade war risk grows over IP theft

News that US President Donald Trump is preparing to crack down on China’s rampant theft of intellectual property from American businesses has reignited warnings of a potential trade war between Australia’s two most important economic partners. US trade analysts appear unanimous in their belief that China’s industrial policy has failed to stop pilfering of commercial secrets, worth hundreds of billions ...

Read More »

Tigers place Justin Verlander on revocable trade waivers

CLOSE Tigers general manager Al Avila answers questions after the trade deadline on July 31, 2017, in New York. Video by Anthony Fenech/DFP Tigers starting pitcher Justin Verlander against the Astros, Sunday, July 30, 2017 in Detroit.(Photo: Carlos Osorio, AP) NEW YORK – It’s part of the process. Every August, the vast majority of players are placed on revocable trade ...

Read More »