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APR 28, 2016 - Zero Hedge

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Global Stocks Plunge After Bank Of Japan "Shock"

It is very fitting that on today's April 28th anniversary of the bull market, the day that officially makes this the second-longest "bull market" in history, the market got a stark reminder of just how it got there: through constant and relentless central bank intervention, which has been "beneficial" to stocks for the most part, however last night was anything ...

Tags: Global Stocks Plunge After Bank Of Japan "Shock",  Samsung Group Latest News

APR 27, 2016 - Zero Hedge

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Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over 7 hours until the FOMC reveals its April statement, futures are practically unchanged, even though the Nasdaq ...

Tags: Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms,  Samsung Group Latest News

APR 27, 2016 - Zero Hedge

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Futures Ignore Apple Plunge; Oil Rises Above $45 As Fed Announcement Looms

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over 7 hours until the FOMC reveals its April statement, futures are practically unchanged, even though the Nasdaq ...

Tags: Futures Ignore Apple Plunge; Oil Rises Above $45 As Fed Announcement Looms,  Samsung Group Latest News

APR 25, 2016 - Business Insider

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Things are so bleak in the oil industry that an offshore-drilling company got a 90% discount on a $700 million rig (USO, OIL)

If you want a perfect encapsulation of just how bad it is for the energy industry, we've got a story for you. Ocean Rig, an offshore oil-drilling company, just got an incredible "going out of business" deal on a deep-ocean drillship. According to maritime-industry blog gCaptain, Ocean Rig got a sixth-generation drillship that was worth up to an estimated $700 ...

Tags: Things are so bleak in the oil industry that an offshore-drilling company got a 90% discount on a $700 million rig (USO, OIL),  Samsung Group Latest News

APR 25, 2016 - Business Insider

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Things are so bleak in the oil industry an offshore drilling company got a 90% discount on a $700 million rig (USO, OIL)

If you want a perfect encapsulation of just how bad it is for the energy industry, we've got a story for you. Ocean Rig, an offshore oil drilling company, just got an incredible "going out of business" deal on a deep-ocean drillship. According to maritime industry blog gCaptain, Ocean Rig got a sixth-generation drillship that was worth up to an ...

Tags: Things are so bleak in the oil industry an offshore drilling company got a 90% discount on a $700 million rig (USO, OIL),  Samsung Group Latest News