CNBC’s David Faber has the latest news on CIT Group.
Goldman Sachs plans to trim the rescue loan it arranged for CIT Group by $875 million to $2.125 billion, CIT said on Friday.
Source – http://www.cnbc.com/id/33547832
Phil Weiss, energy analyst at the Argus Research Company, shares his reaction to Chevron’s quarterly results.
James Paulsen, of Wells Capital Management, and David Rosenberg, of Gluskin Sheff & Associates, debate whether the market has gone too far too fast.
Most investors follow the same strategy of borrowing in dollars and investing in assets across the world and when the greenback’s downward trend will reverse, there may be a crash in global assets, Nouriel Roubini, Chairman, RGE Monitor, told CNBC Monday.
Source – http://www.cnbc.com/id/33477456
More earnings news, an update on GDP growth and key developments in Washington’s health-care debate will dominate investor attention in the week to come. MarketWatch’s Chris Noble reports from San Francisco.
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