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Back in April, I wrote that Annaly Capital Management (NYSE:NLY) looked well positioned for when the MBS market turns. From a total return perspective, the stock is up about 5% since then. Let’s take a closer look. Company Profile As a quick reminder, NLY is mortgage REIT that invests in…

Commerzbank is hoping to announce a second, larger share buyback after its half-year results at the start of August, the bank’s chief financial officer has told the Financial Times.Germany’s second-largest listed lender more than tripled net profit to €1.4bn last year and in June began the first buyback in its…

The S&P 500 index is in a bull market, volatility is very low, and more stocks are rising than in recent months. There must be nothing going on to worry investors, huh? Not a thing, apparently. The S&P 500 added 0.4% this past week; the Dow Jones Industrial Average, 0.3%;…

© Reuters. FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly// WASHINGTON (Reuters) -Texas won the latest round in its antitrust lawsuit against Alphabet (NASDAQ:)’s Google on Monday as a U.S. judicial panel ordered…

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest oil consumer and jobs data fueled hopes for a possible pause in Federal Reserve interest rate hikes. The focus…

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