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ConvergEx Inc. news

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'Hissy Fit' Risk to Markets Seen If Hawks Prevail in Fed
While the Fed didn't quantify what it meant by �many,� a poll from ConvergEx Inc. gives a rough sense of how many in the financial industry agree with that sentiment: 59 percent of respondents said the Fed was �behind the curve/interest rates should be ...
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US STOCKS-Wall St gains, on track for strong week
"While no one is discounting the possibility that these issues could get worse next week, there hasn't been anything untoward yet with the inspections or in Iraq, and that's a positive," said Nicholas Colas, chief market strategist at the ConvergEx ...
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US Used Car Prices Are Falling, Which Could Drag On New Vehicle Sales
Manheim Inc. �We see an alignment of forces that could drive the largest decline in used-car prices in history,� Morgan Stanley autos analyst Adam Jonas said.
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Year's Gains In Utilities Are Fading Away
Part of the weakness is just a normal cooling off following a hot first half of the year for utilities, says Nick Colas, chief market strategist at ConvergEx Group, a brokerage and trading service firm based in New York. "It was a crowded trade in (the ...
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This week in securities litigation (week ending August 8, 2014)
2:14-cv-04962 (D. N.J. Filed August 7, 2014) is an action against Anthony Blumberg, former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC. For a five ... Offering fraud: In the Matter of Huston American Energy Corp., Adm ...
Job market makes Fed hesitant
Nicholas Colas, chief market strategist at the investment firm ConvergEx, said Yellen's speech did nothing to change his expectation that the Fed will begin to raise short-term rates in the second quarter of 2015.
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News Analysis: Tepid retail industry poses challenge for U.S. economic growth
A number of American retailers posted their lackluster quarterly results recently, including the world's largest retailer Wal-Mart Stores Inc., whose performance is seen as a bellwether for the retail industry as a whole. Early Thursday, Wal-Mart ...
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Mishcon de Reya | Mishcon Fraud Watch - August 2014
The Department of Justice announced charges against Anthony Blumberg, former CEO of ConvergEx Global Markets Limited, and Craig Marshall, a former senior vice president with ConvergEx, for concealing fees fraudulently charged to clients for the ... The ...
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Is a correction near? Wall Street on edge
Nick Colas, chief market strategist at ConvergEx Group, a global brokerage in New York, says "there is no way to right now if this is the beginning of a larger sell-off" or just a temporary blip.
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MARKET SNAPSHOT: US Stocks Fall; Dow In Triple-digit Loss
Nichoalas Colas, market strategists at ConvergEx Group, a global brokerage company based in New York, said it was eerie to see investors start worrying about a possible full-blown war between Ukraine and Russia on the 100th anniversary of the start of ...
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