Analyst news

• Donald Trump’s red tape bonfire is a boost to banks

  12-02-2017 22:30 via news.yahoo.com
  
  When Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law in July 2010, he conceded that “passing this Bill was no easy task”. When President Obama had taken office in January 2009, the global financial crisis caused by the near-collapse of the banking system was at its height. Dodd-Frank was his solution for ensuring such a meltdown could never happen again.
  
  Read more

• Yen Could See Major Volatility on Fed Testimony, Bank of Japan Risks

  12-02-2017 21:50
  The Japanese Yen continues to trend higher (USD/JPY lower) through 2017, but JPY traders may see an important test and notable volatility out of major currencies in the days ahead.
  
  Read more

• Macy's could have 50 percent upside in a sale – Barron's

  12-02-2017 20:24 via rocketnews.com
  
  NEW YORK (Reuters) – Macy’s Inc could see its shares rise by 50 percent in a potential sale, as the struggling retailer looks to turn around its business by downsizing its physical-store operations and reinvesting in its online presence, Barron’s said on Sunday.
  The Cincinnati-based company, which in recent years has become the sixth-largest online retailer, is a bargain for investors despite Wall Street’s gloomy outlook with management’s plans to close 100 underpe
  
  Read more

• Macy's could have 50 percent upside in a sale: Barron's

  12-02-2017 20:15 via news.yahoo.com
  
  Macy's Inc could see its shares rise by 50 percent in a potential sale, as the struggling retailer looks to turn around its business by downsizing its physical-store operations and reinvesting in its online presence, Barron's said on Sunday. The Cincinnati-based company, which in recent years has become the sixth-largest online retailer, is a bargain for investors despite Wall Street's gloomy outlook with management's plans to close 100 underperforming stores, which could increase its stock by 2
  
  Read more

• Advertisement

• Insider Q&A: Duke University expert James Cox on SEC future

  12-02-2017 18:19 via news.yahoo.com
  
  WASHINGTON (AP) — President Trump has named Jay Clayton, a Wall Street attorney who worked on mergers and IPOs, to head the Securities and Exchange Commission. Last week Trump ordered a review of the 2010 Dodd-Frank law, which reshaped regulation of the banking industry after the financial crisis. He called the law a "disaster."
  
  Read more

• IMF's Lagarde 'optimistic' about US economy

  12-02-2017 12:39 via news.yahoo.com
  
  DUBAI: International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world. “From the little we know, and I will insist on the little we know, because this is really work in progress... but from the little we hear, we have reasons to be optimistic about economic growth in the United States,” Lagarde said at the annual World Government Summit in Dubai. Lagarde pre
  
  Read more

• Defections by Sears, Kmart cap week of controversy for Trump brands

  12-02-2017 00:56 via news.yahoo.com
  
  (Reuters) - Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom Inc stopped carrying her products. Sears and Kmart disclosed their decision on Saturday, even as the Wall Street Journal reported that Nordstrom sales of Ivanka Trump's brand had dropped sharply before the retailer discontinue
  
  Read more

Follow @news_analyst on Twitter!