Trouble in Emerging-Market Currencies Spreads, Stocks Fall (SPY)
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
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
