13 November, 2017 by The TZ Newswire Staff Comments Off on CME Group to launch Black Sea corn and wheat FOB futures
CME Group to launch Black Sea corn and wheat FOB futures
B3 reported 3Q17 adj EPS of R$0.218 (-6% q/q, -14% y/y), in line with our estimate. IFRS EPS was R$0.165 (+106% q/q, 0% y/y). Net revenues were R$1.06b (+9% q/q, +90% y/y), and adj OpEx was (R$252m +1% q/q, +62% y/y). B3 guided 2017 adj OpEx at R$1.05b-R$1.10b (+5% y/y), and 2017 CapEx of R$230m-R$250m, down from R$322m in 2016 for the combined company. B3 paid down R$500m in debentures in September, and expects to decrease financial leverage from 2.2x to 1.0x by 4Q19.
13 November, 2017 by The TZ Newswire Staff Comments Off on Sterling Slips After Theresa May’s Power Struggle
Sterling Slips After Theresa May’s Power Struggle
13 November, 2017 by The TZ Newswire Staff Comments Off on Dollar Climbs On US Tax Reform Hopes Market update
Dollar Climbs On US Tax Reform Hopes Market update
13 November, 2017 by The TZ Newswire Staff Comments Off on U.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels
U.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels
Last month, S&P warned that UK lenders could incur £30 billion of losses on their consumer lending portfolios consisting of credit cards, personal and auto loans if interest rates and unemployment rose sharply. Much like in the U.S., S&P warned that “loose monetary policy, cheap central bank term funding schemes and benign economic conditions” had fueled an “unsustainable” yet massive expansion of consumer credit that will inevitably end badly. Per The Guardian:
13 November, 2017 by The TZ Newswire Staff Comments Off on CHX Bidding Group Changes Shape, Ownership Stakes Too
CHX Bidding Group Changes Shape, Ownership Stakes Too
There has been a shakeup in the bidding group that is attempting to by the Chicago Stock Exchange.
13 November, 2017 by The TZ Newswire Staff Comments Off on SEC Forms Fixed Income Market Structure Advisory Committee
SEC Forms Fixed Income Market Structure Advisory Committee
The Securities and Exchange Commission announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
13 November, 2017 by The TZ Newswire Staff Comments Off on Key Words: ‘We need a breakthrough in Alzheimer’s,’ says Bill Gates as he puts $50 million in fund
Key Words: ‘We need a breakthrough in Alzheimer’s,’ says Bill Gates as he puts $50 million in fund
Bill Gates on Monday announces a $50 million investment in the Dementia Discovery Fund, saying the private fund targets Alzheimer’s and that disease is a unique threat as people live longer.
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