Russia’s GDP Is Back to Positive Territory
The recovery of oil prices in the second half of 2016 has helped the Russian economy recover from negative growth in 4Q16.
ADP Payrolls come in lower than expected
The ADP National Employment Report is a monthly preview of the Labor Department’s Jobs Report Automatic Data Processing (ADP) is a global provider of business outsourcing. They provide a range of services from human resources to payroll. The ADP National Employment Report is published monthly by the ADP Research Institute. It provides a snapshot of […]
Why ADP and Moody’s numbers suggest a weak jobs report
Private sector employment increased by 139,000 in February. January’s numbers were revised downward from 175,000 to 127,000.
Must-know: Eton Park sells stake in Moody’s
Eton Park exited a position in Moody’s Corp (MCO) that accounted for 2.7% of the fund’s first quarter portfolio.
Brookfield Renewable Energy: Biggest Yieldco by Asset Base
With over 6,700 MW of hydro and wind capacity under operation, Brookfield Renewable Energy Partners (BEP) dwarfs all other yieldcos we’ve looked at.
Why knowledge is important for sovereign risk assessments
Sovereign bonds may be issued by governments of developed market (EFA), emerging market (EEM), and frontier market economies. Countries are classified as developed, emerging, or frontier markets depending on their stage of economic and financial sector development.
Warren Buffett’s Berkshire Hathaway Lost $25.4 Billion in Q4 2018
On Saturday, February 23, Warren Buffett’s Berkshire Hathaway (BRK-B) released its fourth-quarter earnings report.
Warren Buffett and the Problem with Elephants
In the annual shareholder letter, Buffett lamented the lack of big acquisition opportunities, which he called “elephants.”
Buffett Banking Too Much on the Banking Sector with J.P. Morgan?
As we discussed in the last three parts of this series, renowned billionaire investor Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) has increased its bets on the banking sector.
Moody’s Downgraded Three Offshore Drillers
Moody’s downgraded Diamond Offshore (DO) to Ba3 from Ba2. It also changed the outlook to “negative” from “stable.”
Factors Impacting Brazil’s Economic Growth in 1Q17
Brazil’s (EWZ) economy improved in 1Q17, mostly due to the manufacturing sector, exports, and business confidence. However, recent political scandals have undermined its growth and credit rating.
Why Did Moody’s Downgrade Deutsche Bank?
In a worrying move for investors, Moody’s Investor Service (MCO) cut Deutsche Bank’s debt and deposit ratings.
Brazil’s Downgrade: What It Means for Investors
On September 9, Standard & Poor’s downgraded Brazil’s sovereign credit rating to “junk” status. Brazilian stocks fell at the close of trade on September 9.
Lone Pine Lowers Its Stake in McGraw-Hill Financial
McGraw-Hill Financial’s profits grew 22% to $264 million, and adjusted diluted earnings per share from continuing operations increased 23% to $0.95.
ADP jobs report: Why large firms added the least number of jobs
The ADP-NER for the month of May, released on Wednesday, June 4.