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Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 7:20pm | 1714Read More...Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...
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Here's What Was Missing From The Fed Rate Decision That Should Have Sent Off Alarm Bells
Monday, September 21, 2015 - 8:07am | 520Read More...Michael Hewson is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. In the wake of the Federal Reserve's rate decision last Thursday, the SPDR S&P 500 ETF Trust (NYSE: SPY) declined 2.35 percent, while the Guggenheim...
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CMC Markets Analyst On FXCM: The Industry Will Change How It Regulates Leverage
Friday, January 16, 2015 - 4:52pm | 270Read More...Speaking to Benzinga, CMC Markets Chief Market Analyst Michael Hewson said that the losses FXCM Inc (NYSE: FXCM) has suffered following the Swiss National Bank’s move will probably cause the forex industry to change how it regulates leverage. “A lot of the damage that’s been...
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Should Hershey And Other Candy Makers Be Frightened This Halloween?
Wednesday, October 29, 2014 - 4:23pm | 691Read More...In theory, Halloween is a sweet season for candy makers. In practice, for Hershey Co (NYSE: HSY) last quarter, not so much. The company reported an almost 4 percent drop in Q3 net income Wednesday. According to Hershey, the high cost of dairy was a prime reason for the Q3 income...
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CMC Markets Analyst Michael Hewson On Stunted German Growth, Why The Fed Is Watching Europe
Friday, October 10, 2014 - 11:26am | 562Read More...CMC Markets Chief Analyst Michael Hewson thinks that even though Germany has a budget surplus right now, its economic growth is stalling out. Hewson joined Benzinga’s #Premarket Prep broadcast to talk about what’s moving the markets in both the eurozone and the United States....
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Inversion Crackdown Leaves Several Deals In Limbo
Tuesday, September 23, 2014 - 11:41am | 340Read More...A federal crackdown on so-called tax inversions left roughly a dozen companies in limbo Tuesday as share prices wavered. Analysts were divided on whether pending deals will get derailed. Tax consultant Robert Willens said various inversion transactions will get completed "without missing...
