Trouble in Emerging-Market Currencies Spreads, Stocks Fall (SPY)
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Analyst Comments on Movement in Avon (AVP) CDS Spreads
January 24, 2014 11:40 AM ESTDeutsche Bank maintained a Buy rating on Avon Products (NYSE: AVP) with a price target of $25.00. Analyst Bill Schmitz Jr said action in CDS spreads indicates further pressure ahead for Avon.
"Avon's 5 year CDS spreads have widened considerably year to date, with spreads up almost 40% from December 3, 2013 level... More

