The Q4 2016 earnings report for small cap coffee manufacturer, wholesaler and distributor Farmer Brothers Co (NASDAQ: FARM) is scheduled for after the market closes on Monday (September 12th). Last Wednesday, our Elite Opportunity Pro�newsletter suggested going long on the iPath Bloomberg Coffee Subindex Total Return SM Index ETN (NYSEARCA: JO) and shorting Starbucks Corporation (NASDAQ: SBUX) in anticipation of further upside ahead for coffee as a commodity:
��Just yesterday, the price of coffee popped on a number of what I believe to be very questionable and highly speculative financial headlines. However, our context for today's trade is simple. Coffee consumption continues to rise, while the price of coffee finally hit a new multi-year low earlier this year.��
And:
Top 10 Financial Stocks To Invest In 2017: CBOE Holdings Inc.(CBOE)
Advisors' Opinion:- [By CNNMoney Staff]
Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.
- [By Saumya Vaishampayan var popups = $(".socialByline .popC"); ]
Those who dabble in derivatives tied to the CBOE (CBOE) Volatility Index are placing bets that pay out if the stock market keeps swinging, and especially if it drops.
Top 10 Financial Stocks To Invest In 2017: The NASDAQ OMX Group Inc.(NDAQ)
Advisors' Opinion:- [By Maureen Farrell]
Twitter will try not to mimic Facebook's mistakes on IPO day.
NEW YORK (CNNMoney) At the start of last year, Nasdaq (NDAQ) and Morgan Stanley (MS, Fortune 500) were on top of the tech world. Both landed key roles in Facebook's hotly anticipated initial public offering.But Facebook's IPO changed that. Both companies were widely criticized for Facebook's face plant of a debut. The problems that marred Facebook's IPO clearly hurt the image of Nasdaq and Morgan Stanley.
- [By CNNMoney Staff]
Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.
- [By Jake Zamansky]
The Securities and Exchange Commission said on Wednesday afternoon it was in contact with the NASDAQ OMX Group (NDAQ) after the brief outage in the system that was at the heart of the three hour shutdown in August, according to a report by Reuters.
- [By Hibah Yousuf]
In a report outlining the growing operational risks at trading exchanges, S&P said the noticeable increase in technical snafus could trigger ratings downgrades for major operators like NYSE Euronext (NYX), Nasdaq OMX (NDAQ) and BATS Global Markets over the next few years.
Top 10 Financial Stocks To Invest In 2017: eHealth Inc.(EHTH)
Advisors' Opinion:- [By Lisa Levin]
eHealth, Inc. (NASDAQ: EHTH) was down, falling around 32 percent to $9.53. eHealth reported a Q2 net loss of $0.5 million, versus a year-ago net income of $5.8 million. The company also reported weak quarterly revenue.
Top 10 Financial Stocks To Invest In 2017: KKR(KKR)
Advisors' Opinion:- [By Monica Gerson]
KKR & Co. L.P. (NYSE: KKR) is projected to report a quarterly loss at $0.33 per share on revenue of $276.90 million.
Allison Transmission Holdings Inc (NYSE: ALSN) is estimated to post its quarterly earnings at $0.58 per share on revenue of $445.39 million.
Top 10 Financial Stocks To Invest In 2017: Aon Corporation(AON)
Advisors' Opinion:- [By WWW.THESTREET.COM]
We're seeing the exact same price pattern playing out in shares of $29 billion risk and insurance consultancy firm Aon plc (AON) . Aon has been a strong performer for all of 2016, up 20% since the calendar flipped to January. But don't worry if you've missed the move - an ascending triangle pattern is signaling a second leg higher here. For Aon, the breakout level to watch is resistance up at $113.
- [By Javier Hasse]
In other news, Aon plc Class A Ordinary Shares (UK) (NYSE: AON) boosted its quarterly dividend from $0.30 per share to $0.33 per share, and McGraw Hill Financial Inc (NYSE: MHFI) said it would sell its unit J.D. Power to investment firm XIO Group for $1.1 billion.
- [By Reuters]
Wendy Maeda/The Boston Globe via Getty Images NEW YORK -- Walgreen is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The pharmacy chain will join 17 other large employers on the Aon Hewitt Corporate Health Exchange as part of a growing movement to offer employees fixed dollar amounts to purchase their own plans on such exchanges. The end-cost to employees depends on the plan chosen, but they typically get more options than under traditional arrangements. Private exchanges mimic the coverage mandated as part of the Affordable Care Act. Enrollment in the public exchanges starts Oct. 1. "What happens to employer contributions over time? Will they put in as much as they put in the past? These are unanswered questions but potential negatives," says Paul Fronstin, a senior research associate with the Employee Benefit Research Institute. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings aren't clear. Of the 180,000 Walgreen (WAG) employees eligible for health care insurance, 120,000 opted for coverage for themselves and 40,000 family members. Another 60,000 employees, many of them working part-time, weren't eligible for health insurance. Aon Hewitt (AON) says other participants in its program include retailer Sears Holding (SHLD) and Darden Restaurants (DRI). These new additions raise enrollment to 330,000 from 100,000 last year, and Aon Hewitt estimates enrollment will jump to 600,000 next year, a fivefold increase from 2012. By 2017, nearly 20 percent of employees nationwide could get their health insurance through a private exchange, according to Accenture Research (ACN). A recent report by the National Business Group on Health said that 30 percent of large employers are considering moving active employees to exchanges by 2015. Other major providers of private exchanges include Mercer, a division of Marsh & Mc
Top 10 Financial Stocks To Invest In 2017: American International Group Inc.(AIG)
Advisors' Opinion:- [By Diane Alter]
The last time a Dow shake-up caused such a stir was in April 2004, when AT&T (NYSE: T), Eastman Kodak (currently in bankruptcy proceedings), and International Paper Co. (NYSE: IP) were removed and replaced with American International Group Inc. (NYSE: AIG), Pfizer Inc. (NYSE: PFE), and Verizon Communications Inc. (NYSE: VZ).�
- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
- [By Ben Levisohn]
Citigroup’s Todd Bault and Erik Bass argue that “there are likely more good things that can happen compared to bad” for American International Group (AIG). They explain:
Top 10 Financial Stocks To Invest In 2017: Credit Suisse Group(CS)
Advisors' Opinion:- [By David Zeiler]
The federal government's largesse isn't restricted to U.S.-based companies, either. Foreign companies, including foreign banks, are also welcome. Credit Suisse Group AG (NYSE ADR: CS) got $225.1 billion, and UBS Group AG (NYSE: UBS) got $249.1 billion.
- [By Wayne Duggan] Related DB Deutsche Bank In The Tank Mike Khouw Sees Unusual Options Activity In Deutsche Bank 33 Large Banks On The Federal Reserve's Radar In 2016 (Seeking Alpha) Related CS Earnings Scheduled For February 4, 2016 Blockchain Moves Forward In The Financial Industry Credit Suisse Group AG (CS) Tidjane Thiam on Q4 2015 Results - Earnings Call Transcript (Seeking Alpha)
The latest credit default swap (CDS) data from BMO Capital Markets indicate a number of investors are growing increasingly concerned about the one-year outlook for capital markets. In a new report, analyst Mark Steele discussed the recent surge in one-year CDS activity, and what it means for the market.
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He's shorting all three.
- [By Diane Alter]
The head underwriters for the ZTO IPO are Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS). Also working on the deal are China Renaissance, Citigroup Inc. (NYSE: C), Credit Suisse Group AG (NYSE ADR: CS), and JPMorgan Chase & Co. (NYSE: JPM).
Top 10 Financial Stocks To Invest In 2017: Deutsche Bank AG(DB)
Advisors' Opinion:- [By Paul Ausick]
Deutsche Bank AG (NYSE: DB) dropped 9% on Thursday to post a new 52-week low of $11.19 after closing at $12.30 on Wednesday. The stock’s 52-week high is $30.82. Volume was more than 8 times the daily average of around 5.9 million shares. The German government is showing now signs of softening its position that the big bank won’t get any government assistance.
- [By Ben Levisohn]
Just about every bank’s capital plan was given the go ahead, though a few with qualifications. M&T Bank (MTB) , for instance, “met minimum capital requirements on a post-stress basis after submitting an adjusted capital action,” according to the Federal Reserve’s press release, while Morgan Stanley (MS) will be required to “submit a new capital plan by the end of the fourth quarter of 2016 to address certain weaknesses in its capital planning processes.” The Fed “objected” to the plans submitted by�Deutsche Bank (DB) and Banco Santander’s (SAN) US units.
- [By Ben Levisohn]
…global markets continue to stumble around in a tight band, unable to break out or just plain break, it seems. Yesterday we saw a nice rally driven by bullish oil inventories and talk of an OPEC meeting before the meeting next week. That was undone by chatter that the German government was seeking ��discreet talks�� with the U.S. authorities on Deutsche Bank (DB). That��s code for they need to fix that before everyone gets sick, and fixing things means short term pain.
- [By Lisa Levin]
Deutsche Bank AG (USA) (NYSE: DB) was down, falling around 10 percent to $13.35 after the German-based bank was slapped with a $14 billion penalty from the U.S. Justice Department. The Wall Street Journal, citing "people familiar with the matter," reported that the $14 billion fee would settle a series of high-profile mortgage-securities probes during the financial crisis. Deutsche Bank was quoted by the Wall Street Journal as saying in a statement that it has "no intent" of paying a fee that is "anywhere near the number cited."
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He's shorting all three.
Top 10 Financial Stocks To Invest In 2017: Euro/Yen(EJ)
Advisors' Opinion:- [By Belinda Cao]
E-House China Holdings Ltd. (EJ), a real estate brokerage, gained 9.2 percent to $9.70, extending it advance to a third week. Its American depositary receipts retreated 3.1 percent Sept. 20 from the highest level since May 2011.
Top 10 Financial Stocks To Invest In 2017: Protective Life Corporation(PL)
Advisors' Opinion:- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
