Zerohedge

ZeroHedge reported that firms have stopped doing business with Knight Capital after the trading company lost hundreds of millions of dollars on Wednesday as the result of an out of control algorithm. According to ZeroHedge, Fidelity Investments and Sterne Agee have stopped routing orders through...

David Einhorn's siege on Herbalife (NYSE: HLF) during the company's May 1st earnings call sent shares tanking. In the ensuing three trading sessions, HLF shed 34 percent of the previous closing price, and haven't recovered much since. The stock's movement prompted research firms covering the...

In recent years, bloggers, traders, and other market participants have made repeated accusations about manipulative trading practices by JP Morgan (NYSE: JPM) in the precious metals futures markets.The persistent rumors and allegations have resulted in an investigation by the Commodities Futures...

As Zerohedge notes, Greece's 1-year paper is currently having its single day largest jump, and is currently trading just above 625%. The move may be due to ongoing developments in Greece. Earlier today, it was reported that the ECB had completed its exchange of Greek bonds. This weekend could also...

As the debt crisis in Europe has exacerbated in severity, speculation has grown that Japan could soon find itself in the same situation as the indebted euro nations. That is, facing extraordinary interest rates and the prospect of default. Kyle Bass of Hayman Capital has spearheaded this thesis,...

With the EUR/USD surging 1.60% to $1.3748 on Friday, ZeroHedge reports that Morgan Stanley (NYSE: MS) has gone short the pair. According to the report, Morgan Stanley released a note saying that, "Today we entered a short EUR/USD trade at 1.3750. While Italian 10-year bond yields have tightened...

Nomura's Bob "The Bear" Janjuah is out with a note today calling for the S&P 500 to hit a low of 800 to 900 in 2012. He also argues that the recent October lows in the S&P may not be the lows of the year. Below is a portion of his note, which was taken from ZeroHedge. "No change. Deeply...

ZeroHedge found an interesting liability in MF Global's (NYSE: MF) bankruptcy filing: The second largest unsecured creditor of the firm is CNBC, which MF Global owes $845,397. It is unclear what the nature of this particular liability is, but it is likely related to advertising of some sort. MF's...

ZeroHedge is reporting that the EU is considering a ban on naked sovereign credit default swaps in an effort to stabilize sovereign debt markets in the Eurozone. Credit default swaps are a form of insurance, which pay out in case of a default. Speculators can also use them to make bearish bets on...

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Is Ben Bernanke a magician? Gluskin-Sheff's David Rosenberg was on CNBC a while ago, and discussed a wide variety of economic topics, including Greece, the financial markets, and the housing sector. What is even more interesting is comments he wrote last week about a potential shock and awe move...

Last night, in the Wall Street Journal, journalist Jon Hilsenrath essentially told us what we already know. The Federal Reserve is going to act with additional easing. Hilsenrath has long been the preferred mouthpiece of the Bernanke Fed, and to have him write an article like this is not...

When Goldman Sachs called for QE3 to be announced, many expected it would be hinted at, or perhaps even announced at Jackson Hole. Obviously that was not the case, with Federal Reserve Chairman Ben Bernanke not announcing any plans. Bernanke did leave the door open at Jackson Hole, but nothing...