Big Time launches "Midweek Madness" event, with a 50% bonus on leaderboard points
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After doubling their stock prices this year, Valero Energy (VLO.US) and Marathon Petroleum (MPC.US) have been downgraded by Jefferies: Their valuations are now considered too high.
Jefferies downgraded refiners Valero Energy (VLO.US) and Marathon Petroleum (MPC.US) from "Buy" to "Hold," with target prices of $401 and $413, respectively.
Goldman Sachs Bets on 'Rising Stocks and Bullish Bonds': S&P 500 Targeted at 8,700 Points, 10-Year US Treasury Yield Falls to 4.5%
Goldman Sachs expects the S&P 500 index to rise by 13.7% over the next 12 months, with the 10-year US Treasury yield falling from the current 5% to 4.5%. The bank's 12-month target for the S&P 500 is 8,700 points.
Up 14% since July! Forex options traders bet the Korean won rally will continue
Forex options traders are betting that the Korean won, which has been leading the Asian forex market since July, will continue its strong momentum.
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