The Top 10 Financial Tweets For Friday, July 26
There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical.
1. Reuters Business
Reuters Business (@ReutersBiz) tweeted an article about UBS's (NYSE: UBS) settlement with Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC). UBS has agreed to pay a whopping $885 million to settle claims.
Banks shiver as UBS swallows $885 million U.S. fine http://t.co/AgL7g8pwsm
— Reuters Business (@ReutersBiz) July 26, 2013
$TSLA Upgraded to Buy at Deutsche Bank, PT Raised to $160
— Benzinga.com (@Benzinga) July 26, 2013
3. Bloomberg Surveillance
The iconic Bloomberg morning program Bloomberg Surveillance (@bsurveillance) hosted by the legendary Tom Keene (@tomkeene) tweeted its daily twitter question of the day. However, this one hit close to home as it brings up the issues in Detroit in the same sentence as the perils at SAC Capital.
— Bloomberg SURV (@bsurveillance) July 26, 2013
4. David Tweed
Bloomberg TV's European Editor David Tweed (@DavidTweed) tweeted this morning the news that Greece was to receive its next bailout tranche from the eurozone. However, he showed some (sarcastic) skepticism related to the IMF's reticence to pay their share.
#Greece gets its 2.5 billion euro tranche ... at last. IMF still to cough up. Next stop debt relief?
— David Tweed (@DavidTweed) July 26, 2013
5. Business Insider
Business Insider (@businessinsider) tweeted an article by Matthew Boesler (@boes_), a reporter for their markets desk, highlighting the recent rush into junk bonds this week. Notably, inflows to junk bonds are bullish for stocks as junk bond prices and stocks are generally correlated.
There was a mad rush into junk bonds this week http://t.co/i7lkqZoDg9
— Business Insider (@businessinsider) July 26, 2013
6. Holger Zschaepitz
Senior editor of the financial and economic desk at Die Welt Holger Zschaepitz (@Schuldensuehner) made it back into the top 10 Friday following this great tweet that shows some recent selling by large macro hedge funds in European sovereign debts.
— Holger Zschaepitz (@Schuldensuehner) July 26, 2013
7. Walt Mossberg
Walt Mossberg (@waltmossberg) of the Wall Street Journal and AllThingsD tweeted an article from AllThingsD this morning that highlighted that Apple (NASDAQ: AAPL) may be losing market share in the smartphone market.
— Walt Mossberg (@waltmossberg) July 26, 2013
8. Christine Harper
Christine Harper (@cr_harper), the Chief Financial Correspondent for Bloomberg News tweeted an article that highlights the one year anniversary of European Central Bank President Mario Draghi's "whatever it takes" speech.
— Christine Harper (@cr_harper) July 26, 2013
9. Financial Times
The Financial Times (@FT) tweeted an article this morning that highlights that congressional leaders may be leaning towards Janet Yellen as the next Fed chairwoman. Recent speculation had been for Larry Summers to be the favored candidate in the White House.
Senate letter supports Janet Yellen to be the next Fed chair: an ominous sign for supporters of Larry Summers http://t.co/Sf0X4LbVVA
— Financial Times (@FT) July 26, 2013
10. The Free Press
The Free Press (@freep_news) tweeted an article Friday morning about the upcoming Michigan Summer Beer Festival. Specifically, they note one local brewery (and personal favorite) is skipping the festival due to the organizers adding a political agenda to the event.
Bell's Brewery to skip beer festival due to politics http://t.co/zSKtfIGPMO
— Freep News (@freep_news) July 26, 2013
Latest Ratings for UBS
|May 2014||Rafferty Capital||Upgrades||Hold||Buy|
|Mar 2014||JP Morgan||Maintains||Overweight|
|Feb 2014||Jefferies||Initiates Coverage on||Hold|
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