Archive | June 2015

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Greek crisis stokes bitcoin prices higher

Stefanos Rapanis | Reuters People line up to withdraw cash from an automated teller machine (ATM) outside a Piraeus Bank branch in Iraklio on the island of Crete, Greece June 28, 2015. The price of bitcoin has risen over the past week—just as the Greekdebt talks spiraled out of control. Bitcoin traded at more than […]

Greek crisis: How to trade the volatility

Global markets are being served a heavy dose of uncertainty and turmoil as a crisis in Greece deepens. Analysts told CNBC how savvy investors should navigate the turbulence. “I think you try and position for a bit of the worst right now,” said Richard Kelly, head of global strategy at TD Securities, as European stock […]

Traders’ sleeper picks for the second half

It hasn’t been a great first half of the year for commodities. Precious metals are trading lower, as are industrial metals. Major agricultural commodities like corn, wheat and soybeans are all down, in addition to coffee and sugar. Energy commodities have seen gains in 2015, but haven’t even come close to recapturing the losses incurred […]

These 9 stocks could be the next takeover targets

2015 has been a huge year for deal activity, with world-wide mergers and acquisitions up 36 percent compared with the first 5½ months of 2014, according to Thomson Reuters. And the deal talk has heated up in the past week, with the major health insurance firms clamoring to complete tie-ups, and energy company Williams rejecting […]

Hedge funds unfazed as Greece drama continues

A woman takes a drink in front of the Parthenon temple on Acropolis hill in Athens, June 18, 2015. The small group of hedge funds betting on a Greek recovery remain invested, still hoping that assets like government bonds and bank stocks will rally once a political solution is reached on the nation’s financial obligations. […]

Fast-track trade bill clears key hurdle in Senate

Members of the house depart the U.S. Capitol building, June 12, 2015 in Washington. Legislation that would help President Barack Obama seal a Pacific Rim trade pact cleared a procedural hurdle in the U.S. Senate on Tuesday, setting up a vote on the bill itself on Wednesday. Senators voted 60-37 to limit debate on the […]

After a 26% jump, walk away from this stock: Traders

Shares of Williams Cos. soared 26 percent on news that the energy company rejected a $64 per share takeover offer from Energy Transfer Equity. In a statement, Williams said the proposal “significantly undervalues Williams.” Williams further announced that it has retained Barclays and Lazard to help it review “strategic alternatives, which could include, among other […]