Tag Archive for Stz

Stock Market Today: New Rules for Big Banks

Stock market news today, April 9, 2014: The Dow Jones Industrial Average rose 10 points yesterday to finish at 16,256. The Nasdaq increased 33 points to finish at 4,112, while the S&P 500 added 6 points to end the day at 1,851.

Today, the FOMC will release minutes from its March meeting. Investors are seeking clues on when Fed Chair Janet Yellen and the central bank will exercise an increase in interest rates.

The post Stock Market Today: New Rules for Big Banks appeared first on Money Morning – Only the News You Can Profit From.

M&A Deals Alive and Well – and Dishing Out Huge Profits – Money Morning

Deal making is back on Wall Street – in a big way.

Mergers had been nearly non-existent for nearly six years in the wake of the financial crisis as global economic uncertainty, heightened scrutiny of corporate boards, high unemployment and the housing market bust had put a damper on M&A deals.

But 2013 has begun with a flurry of deal making, with $160 billion worth of merger activity thus far, the most at this point in the year since 2005, according to Dealogic.

And the stellar start to the markets this year – the S&P gained 6.6% in January and the Dow is quickly approaching its all-time high – suggests deal making will heat up in the months ahead.

The latest M&A deals come at a time of historically low financing costs, renewed corporate confidence, and companies flush with stockpiles of cash. In this climate, companies are seeking growth through deals and see them as a way to expand while appeasing anxious shareholders.

“The dam is burst. The forces were too powerful to hold back forever,” James B. Lee,
vice chairman of JPMorgan Chase & Co. (NYSE: JPM), told The Wall Street Journal.

To continue reading, please click here…