HARBOR PANAGORA DYC LCC ETF (INFO) Stock News

US Credit Risk Falls Most in Two Weeks as Trade Tensions Ease

Gauges of perceived US corporate credit risk eased the most on Wednesday since the US first announced a 90-day tariff pause for dozens of countries two weeks ago.

Credit Fear Gauges Worsen as Tariff Concerns Offset Soft CPI

Concerns about corporate credit defaults escalated as investors worry about the economic impact of tariffs, even as US inflation data pointed to some relief for consumers prior to new levies.

Global credit default spreads narrow as markets rally

The cost of insuring against sovereign and corporate defaults on European and Asian debt fell on Thursday as investors breathed a sigh of relief at a pause on some of the heaviest U.S. tariffs. U.S. President Donald Trump on Wednesday stunned markets with an abrupt decision to introduce a 90-day pause on the import tariffs on dozens of countries that were due to come into effect, with the exception of China.

Silverbird Roasting coffee shop to replace closed Kruse Markit in south Minneapolis

Minneapolis' Kruse Markit files for bankruptcy after closing

Asia Credit Gauge Flashes Most Concern Since Early Pandemic

Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened after US President Donald Trump doubled down on his global tariff barrage and following retaliation from China.

US Credit Risk Gauge Shows Fear Rising as Tariffs Loom This Week

(Bloomberg) -- A gauge of credit risk rose on Monday as looming tariffs stoked concerns of an economic slowdown and stock markets fell. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near RecordThe spread on the Markit CDX North American Inves

Mentions: JPM

US Credit Risk Gauge Shows Fear Rising as Tariffs Loom This Week

A gauge of credit risk rose on Monday as looming tariffs stoked concerns of an economic slowdown and stock markets fell.

US Credit Fear Gauge Reaches Highest Since August After Inflation Data

A gauge of credit market fear rose to a fresh seven-month high after economic reports suggested inflation is staying stubbornly high, adding to concerns about how tariffs will affect prices, while consumer spending is showing signs of weakness.

US Credit Risk Gauges Ease Further After Fed Holds Rates Steady

Derivative indexes that track credit default risk eased and stocks edged higher after the Federal Reserve officials held the benchmark interest rate steady for a second straight meeting.

Growing Fears of Corporate Defaults Hit US Credit Markets

Worries about corporate credit defaults rose in the US for a second straight day on Tuesday, after US President Donald Trump threatened to ratchet up tariffs on Canada.

US Credit Risk Rises as Tariffs, Job Cuts Stoke Recession Fears

US gauges are showing their highest levels of credit risk this year Monday morning, as investors exhibit fresh concern about the state of the country’s economy in light of tariffs and cuts to the federal workforce.

Guyana's tax agency to begin dispute resolution with Exxon over expenses

Guyana's Natural Resources ministry has ordered the country's tax agency to begin a dispute resolution with Exxon Mobil over the recovery of some $214 million in expenses registered by the U.S. oil major. Expenses reported by Exxon as part of its operations at the massive Stabroek offshore block are closely monitored because a consortium led by the U.S. major can take and export up to 75% of the crude it produces as "cost oil", while Guyana's government is entitled to half of the remaining barrels. The government has followed mechanisms included in the contract to have the expenses audited by external consultancy firms and determine if they were correctly reported.

Mentions: XOM

Credit Markets Send Some of Their Most Bullish Signals in Weeks

Credit markets were headed for their best day in weeks judging from initial moves in Asia, after Donald Trump took an early lead in the US presidential election.

Credit Risk Gauge Eases as Fed Cuts for First Time in Four Years

A key measure of perceived risk in the US corporate bond market fell Wednesday after the Federal Open Market Committee cut interest rates as it pursues a rare soft landing for the US economy.

Yen-Hedged ETF Suffers Exodus of Cash From Carry-Trade Fiasco

Investors spooked by the yen carry-trade blowup have pulled cash from a Japan-focused stock ETF that strips out moves in the country’s currency.

Mentions: DXJ

Small-Cap ETF Loses Billions as Great Stock Rotation Fizzles

What had been touted as Wall Street’s big rotation into smaller firms sputtered just as quickly as it started.

Mentions: IWM

Investors Debate Credit Risk as Volatility Hits Markets

The spread on the Markit CDX North American Investment Grade Index, which rises as credit risk increases, widened to the highest level since April as a selloff in stocks intensified and Treasury yields tumbled. A weak US jobs report fueled worries that the Federal Reserve’s decision to hold rates at a two-decade high is risking a deeper economic slowdown. Marlborough global bond fund co-manager James Athey and Oaktree global credit strategy portfolio manager Danielle Poli discuss the risk in credit markets. (Source: Bloomberg)

France’s Dominance in Euro Credit Leaves Market at Vote’s Mercy

President Emmanuel Macron’s surprise election call last week has highlighted France’s prominence in European credit markets.

The financial data arms race is hotting up

Finance used to be governed by knowledge, networks and nous. Now, the red-hot commodity in the space is data.

Mentions: BLK

S&P Global Ratings Sees Growth and Innovation Post-IHS Markit Merger: BofA Securities Information and Business Services Conference Summary

Two years following the landmark merger between S&P Global Inc. and IHS Markit, Martina Cheung, President of S&P Global Ratings, reflects on the integration's success and future opportunities at the BofA Securities Information and Business Services Conference.

The Everything Rally Comes to Derivatives Market

Bond fund managers have so much cash they’re turning to the derivatives market to put it to work, pushing down the cost of protection against defaults close to levels that prevailed when central banks were just starting to raise interest rates.

UPDATE 1-S&P Global to buy Visible Alpha; explores options for Fincentric

Data provider S&P Global said on Tuesday it plans to buy financial technology provider Visible Alpha for an undisclosed sum. Founded in 2015, Visible Alpha is a financial technology firm that provides consensus estimates and analytics, and distributes the data through channels including a web-based platform and feeds. S&P Global is also exploring options for its digital solutions provider Fincentric, formerly known as Markit Digital, the company said in a statement.

S&P Global to buy Visible Alpha; explores options for Fincentric

Founded in 2015, Visible Alpha is a financial technology firm that provides consensus estimates and analytics, and distributes the data through channels including a web-based platform and feeds. S&P Global is also exploring options for its digital solutions provider Fincentric, formerly known as Markit Digital, the company said in a statement. The deal for Visible Alpha, expected to close this year, and the consideration of options for Fincentric are part of measures to accelerate focus in key areas of strategic growth, S&P said.

Potential UAW strike presents a near-term headwind for auto insurers - JPM

J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices and put pressure on margins in the personal auto insurance business. UAW is currently in talks with the Detroit Three automakers - Ford Motor, Chrysler parent company Stellantis and General Motors - ahead of the expiration on Sept. 14 of the current four-year labor agreements covering 146,000 workers. The automakers "represent about 40% of light vehicle auto sales (by units) in the U.S., and IHS Markit estimates that a strike would disrupt North American vehicle production by roughly 75%," J.P.Morgan said.

Mentions: JPM F

Fincentric by S&P Global: Markit Digital's New Name, But Goal Remains The Same

Markit Digital, a well-known entity in the financial world, has undergone a significant name change. Following its merger with S&P Global 18 months ago, it will now be recognized as Fincentric by S&P Global. This shift aims to better align the company's identity with the comprehensive offerings under the S&P Global Market Intelligence suite.

S&P Global posts slight Q2 earnings miss, reaffirms 2023 guidance (NYSE:SPGI)

S&P Global (SPGI) stock slid 5.5% in Thursday premarket trading as its earnings for the second quarter missed the average analyst estimate for the first time since the same period a...

Mentions: SPGI

S&P Global nabs Overweight rating, Moody's started at Equal Weight at Wells Fargo (SPGI)

Wells Fargo on Tuesday started coverage of credit rating providers S&P Global (SPGI) with an Overweight rating and Moody's (MCO) with an Equal Weight rating.For S&P Global (SPGI),...

Mentions: WFC SPGI MCO

S&P Global Q1 earnings beat; announces $1B stock buyback (NYSE:SPGI)

S&P Global (SPGI) stock jumped 5.0% in Thursday premarket trading after Q1 earnings and revenue exceeded Wall Street expectations and the company announced an upcoming stock buyback

Mentions: SPGI

Chile's state lithium push emerges as test for Latam resource nationalism

Chilean President Gabriel Boric's pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America's ascendant left but which has proven tough to implement in practice. While the former student protest leader's proposal to give the government a majority stake in all future lithium projects faces an uncertain path in Congress, its mere introduction shook one of the mining industry's most lucrative corners. The push from Boric, 37, also highlights the long-running regional tension between governments' hunger for control of coveted commodities and future profits versus their ongoing need for private sector capital and know-how.

FOCUS-Chile's state lithium push emerges as test for Latam resource nationalism

Chilean President Gabriel Boric's pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America's ascendant left but which has proven tough to implement in practice. While the former student protest leader's proposal to give the government a majority stake in all future lithium projects faces an uncertain path in Congress, its mere introduction shook one of the mining industry's most lucrative corners. The push from Boric, 37, also highlights the long-running regional tension between governments' hunger for control of coveted commodities and future profits versus their ongoing need for private sector capital and know-how.

Small Business Wage Growth Moderates as 2022 Closes

Paychex data also reveals that small business job growth remains steady ROCHESTER, N.Y., Jan. 3, 2023 /PRNewswire/ -- The rate of hourly wage grow...