Archive for Tag: Free Trade Ideas

JPMorgan

Sustainability-linked bond market to swell up to $150 billion: JPMorgan ESG DCM head

JPMorgan (NYSE:JPM) DOWN 4.96% AT 66.71 The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between $120 billion and $150 billion, a senior JP Morgan banker said, as businesses look to tap into booming demand. COVID-19 has boosted interest...

Read More
BANK OF AMERICA

‘Taper tantrum’ worries creeping in, but equity crash not imminent

BANK OF AMERICA DOWN 0.50% AT 37.75 Investors have slightly increased their cash allocation, deeming that inflation and ‘taper tantrums’ could topple the record rally in financial markets, BofA’s March fund manager survey showed on Tuesday. Unprecedented stimulus measures have sparked worries about inflation, driving U.S. 10-year borrowing costs...

Read More
Bank of America

The stimulus money isn’t going to be spent, Bank of America says

Bank of America DOWN 2.18% AT 36.32 Bank of America’s research investment committee say it won’t, and brings some new data to the table. First, it cited data from the Census Bureau showing that of the households who received a $600 stimulus check in the first half of February,...

Read More
Pfizer-BioNTech

Pfizer-BioNTech vaccine neutralizes Brazil COVID-19 variant

Pfizer Inc DOWN 0.12% AT 34.35 The Pfizer coronavirus vaccine is able to neutralize a rapidly spreading virus variant from Brazil, according to a new laboratory study. Researchers developed an engineered version of the COVID-19 mutation and found that blood samples taken from people who received the vaccine were...

Read More

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

General Electric (NYSE:GE)Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totalling more than $1 billion, according to a lawsuit filed on Thursday. GE sued the rival company,...

Read More

J&J MAY NOT MEET U.S. COVID-19 VACCINE SUPPLY TARGET BY SPRING

Johnson & Johnson (NYSE:JNJ) is facing unexpected delays in the manufacturing of its coronavirus vaccine and may not be able to supply the doses it promised the federal government by spring, the New York Times reported on Wednesday. U.S. federal officials have been told that J&J has fallen as...

Read More

EUROPEAN STOCKS UP, INCREASED U.S. COVID-19 VACCINE ROLLOUT RAISE RECOVERY HOPES

Euro stoxx 50 futures fell 0.03%, German DAX futures were up 0.03% and Britain’s FTSE futures were up 0.18%, pointing to a subdued start to European trade. Investors are betting that the incoming Biden administration would ramp up U.S. distribution of coronavirus vaccines and spend big on more stimulus,...

Read More

EUROPEAN STOCKS PAUSE FOR BREATH AS BOND SELLOFF EXTENDS

EURO STOXX 50 futures fell 0.67% and FTSE futures were up. Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave pause, though a selloff in U.S. Treasuries extended as investors reckon on a big spending government. The yield...

Read More