BofA’s HY credit strategist Michael Contopoulos, whose work we have recently presented on several occasions, has been rather dour over the past year on the future of HY debt, as…
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum), Control, Tax, Confiscate Harvard economist Larry Summers is a reliable source of claptrap. And a frequent spokesman…
On Thursday, we revealed something truly shocking: ISIS is no longer handing out free Snickers bars and Gatorade to its fighters. Apparently, the cash crunch created by Russia’s unrelenting assault…
Having successfully called the market’s retreat in the fall of 2015, Universa’s Mark Spitznagel is not taking a victory lap as he warns Bloomberg TV that “the crash has only…
Come on… stocks are up large… everything must be awesome!! This was S&P and Dow Transports best week of the year… (Dow Industrials best week in 3 months, Nasdaq and…
Nigerian stocks ended the week on a positive, as the All Share Index (ASI), was up 0.70% to close at 24,432.51. Consumer goods stocks – NESTLE, TIGER BRANDS, and GLAXOSMITHKLINE…
The ongoing battle between MTN and the Federal Government over the $3.9 billion fine imposed by the Nigerian Communications Commission (NCC) may soon be resolved according to Reuters. The report…
Following the start of price modulation that led to the review of petrol pricing template in January, a new review would likely begin by March 15, according to Mr. Farouk…
On 25 January 2016, GlaxoSmithKline Consumer Nigeria Plc (GSK Nigeria) received a non-binding offer from Suntory Beverages & Foods Ltd (Suntory) to acquire GSK Nigeria’s drinks business. Although we are…
First Bank of Nigeria Limited led the list of commercial banks receiving foreign exchange from the Central Bank of Nigeria (CBN) in the latest published returns. The bank led others…