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August, 2015

Morning MoneyBeat Europe: More Weakness Expected As Markets Mull Greek …

Please feel free to send this email to friends and colleagues and include this link so they can sign up to receive it for free too http://on.wsj.com/MoneyBeatEuropeSignup Follow us on Twitter @WSJMoneyBeat.  The Breakfast Briefing Good morning Europe. Stocks are expected to slide again from the open thanks to the additional uncertainty generated by Greeces referendum on its […]

China currency move may unsettle global markets

Figures released on Saturday show Chinese exports tumbled 8.3 per cent in July from a year earlier, reversing a 2.8 per cent gain the previous month. Imports also suffered an 8.1 per cent decline, reflecting feeble Chinese domestic demand and weaker commodity prices. Chinas exports to the European Union and Japan were particularly hard hit, […]

Do You Have Change for a Bowie? The Advent of Artisanal Cash

LONDON — Though paper money here typically bears the visage of Queen Elizabeth, the Brixton district of the city last month released a new 5-pound note designed by Jeremy Deller, an artist who won the prestigious Turner Prize in 2004. It features a fuzzy, psychedelic image of an androgynous face surrounded by rainbow clouds and […]

Shares of Group 1 Automotive, Inc. (NYSE:GPI) Drops by -4.41%

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The officer (SVP CFO) of Group 1 Automotive Inc, Rickel John C sold 9,280 shares at $96 on July 29, 2015. The Insider selling transaction had a total value worth of $890,880. The Insider information was disclosed with the […]

Tunisian firms prepare to issue Islamic bonds

n>Aug 3 Tunisian firms are preparing to issue Islamic bonds as the government finalises rules covering the sector, creating a new funding option for companies in an economy buffeted by labour unrest and militant attacks. Islamic finance – which bars interest payments in accordance with Islamic, or sharia, law – accounts for just 2.5 percent […]

Zacks Upgrades Autobytel to "Hold" (ABTL)

Autobytel (NASDAQ:ABTL) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.07. The business earned $30.40 million during the quarter, compared to the consensus estimate of $27.71 million. The businesss quarterly revenue was up […]

Ansell sees currency headwinds

A weaker-than-expected outlook from Ansell has sparked the sharpest fall in the company’s shares in nearly three decades, withthe condom and glove manufacturer forecasting continued adverse currency movements willweigh on the group. Investors savaged Ansell shares at the opening of trade, pushing the stock to its biggest fall in 27 years. By the end of […]

Banks’ view of subprime financing looking back 10 years

WASHINGTON, DC – Along with taking their usual look at activity during the past three months, Federal Reserve officials also asked participants in the latest Senior Loan Officer Opinion Survey on Bank Lending Practices to examine trends going back 10 years. Specifically, the Fed wanted a description of the current level of lending standards at […]

Analyst Rating Update on Asbury Automotive Group Inc

Shares of Asbury Automotive Group Inc (NYSE:ABG) ended Thursday session in red amid volatile trading. The shares closed down 0.59 points or 0.69% at $85.21 with 396,596 shares getting traded. Post opening the session at $86.22, the shares hit an intraday low of $83.87 and an intraday high of $86.23 and the price vacillated in […]

SunTrust Robinson Humphrey Recommendation on CarMax Inc (NYSE:KMX)

Shares of CarMax Inc (NYSE:KMX) ended Thursday session in red amid volatile trading. The shares closed down 0.37 points or 0.55% at $66.67 with 1,064,529 shares getting traded. Post opening the session at $67.34, the shares hit an intraday low of $66.54 and an intraday high of $67.52 and the price vacillated in this range […]

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