KKR is currently managing more than $98 billion for its various clients spread around the globe.
US Treasury yields have stayed low due to soft global growth. Yields have been driven down since the financial crisis due to the Fed’s bond buying program.
The key to the Freescale–NXP merger is the timing. The companies are guiding to a 2H15 close, likely in the fourth quarter.
Renaissance Technologies’ portfolio increased to $41.42 billion in the fourth quarter, compared to $36.52 billion in the third quarter.
Lower crude oil prices could hurt the growth of oil-rich economies. Russia’s fortunes are heavily linked to oil prices. A slump in oil prices is negative for Russia’s economy.
After the separation of eBay and PayPal, eBay management plans to pursue an IPO (initial public offering) or sale of eBay Enterprise.
On March 4, 2015, the April gold futures settled near the day’s low—down by 0.29%. Gold prices are in a deep downward trend from the highs of August 2011.
The EIA reported that crude oil inventories increased by 10.3 MMbbls for the week ending February 27, 2015. Crude oil prices settled 2% up for the day.
The April natural gas futures increased on March 4, 2015, due to the estimation of extended cold weather in major parts of the US.
Currently, the coal industry is going through heightened volatility. As a result, it makes even more sense for us to cover the short-term indicators.
Natural gas inventory levels have a direct bearing on natural gas prices, which in turn affect the profitability of natural gas producers.
Two ETFs that track the casino industry underperformed SPY last month, perhaps due to some profit booking on major casino shares.
The S&P 500 remained above 2,100, but ended lower for the week, while the DJIA was marginally down from its previous week’s closing level.
Caxton Associates’ portfolio fell from $3.04 billion in 3Q14 to $1.29 billion in 4Q14.
AIG reported a net income dip from $2.0 billion in 4Q13 to $655 million in 4Q14, due to an after-tax charge of ~$800 million for debt retirement activities.
In the last year, the total US rig count has dropped by 502, or 28%. The number of oil rigs decreased by 444, or 31%.
This series covers the latest action in natural gas prices. Natural gas prices were under pressure due to bearish inventory withdrawals and oversupply.
Crude oil prices settled higher on March 3, 2015, led by supply disruptions in Libya and Iraq as well as an improving demand outlook.
Gold prices are trading almost 37% lower than they were in August 2011. The drop in gold prices was due to the strong US dollar.
Yields on Treasuries fell across the yield curve last week, primarily driven by Janet Yellen’s congressional testimony on monetary policy.