Tag: usa
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Wall Street stands with two Fed-hike outlook for 2017: Reuters poll
Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace of monetary policy tightening, a Reuters poll showed on Friday. The poll of primary dealers – the 23 banks that do business directly…
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Yahoo exploring sale of $1 billion-$3 billion in ‘non-core assets’: CFO
By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc is exploring the sale of $1 billion to $3 billion of patents, property and other “non-core assets,” its chief financial officer said on Thursday. Yahoo CFO Ken Goldman told the Morgan Stanley Technology, Media and Telecom Conference that a committee created to explore alternatives to…
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Wall Street veterans say rate-hike past is not prologue for markets
By Trevor Hunnicutt NEW YORK (Reuters) – It has only been six years since the U.S. stock market rout brought on by the financial crisis, but as far as Deena Katz's clients are concerned, that might as well be ancient history. “People have a thirty-second memory,” said Katz, 65, co-chairman at Evensky & Katz/Foldes Financial…