Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Mizuho Americas"


24 mentions found


An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | ReutersU.S. crude oil edged higher on Thursday after selling off to a seven-week low on a surge in petroleum inventories on softening demand. Here are today's energy prices: West Texas IntermediateBrentRBOB Gasoline June: $2.59 a gallon, up 0.57%. Natural Gas Oil prices tumbled more than 3% on Wednesday after U.S. commercial crude inventories, which exclude the strategic petroleum reserves, surged by 7.3 million barrels to 461 million barrels total last week. The rate at which refiners process crude and the average demand for gasoline is lower than the year-ago period despite summer driving season rapidly approaching.
Persons: Liz Hampton, Brent Those, Bob Yawger, Tamas Varga Organizations: Reuters, West Texas Intermediate Brent, Natural Gas, Mizuho Americas, Federal Reserve Locations: Loco Hills, New Mexico, U.S
Mounting geopolitical tensions stemming from conflict in the Middle East and Eastern Europe have helped drive oil prices to five month highs, challenging the Federal Reserve's fight against inflation. U.S. crude oil gained 4.5% this week, touching $87 a barrel on Friday before settling at $86.91. Rising energy prices may affect the timing or magnitude of interest rate cuts, he said. The Federal Reserve is focused on bringing down core inflation, which excludes volatile energy and food prices. Escalating attacks are coming against a backdrop of an already tightening global crude market.
Persons: Brent, Bart Melek, Andy Lipow, Lipow, Bob Yawger, Yawger, Netanyahu, Manish Raj, White, Biden, John Kilduff, Kilduff, Melek, Saudi Arabia doesn't Organizations: Federal, American Automobile Association, West Texas, TD Securities, Lipow Oil Associates, Mizuho Americas, Valero, Philips, Marathon Petroleum, Velandera Energy Partners, Kyiv, JPMorgan, Financial Times, Again Capital, Bank of America, Saudi Locations: East, Eastern Europe, Iran, Israel, Ukraine, Damascus, Kyiv, Ukrainian, Russia, Saudi Arabia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese ADRs are still 'far away' from drawing investor confidence: Mizuho AmericasFarzin Azarm, managing director of equities trading at Mizuho Americas, discusses the outlook for Chinese markets and state intervention.
Persons: Azarm Organizations: Mizuho, Mizuho Americas
Diamondback Energy took one of the last major, privately held operators in the Permian off the table this week when it agreed to buy Endeavor Energy Resources for $26 billion. The deal is poised to catapult Diamondback into the top tier in the Permian, the most prolific oil patch in the U.S. that stretches from western Texas into southeastern New Mexico. The top six companies in the Permian are set to own 62% of the basin's remaining oil reserves, according to Rystad Energy. The stubborn holdouts After the Diamondback-Endeavor and Occidental-CrownRock deals, the only other major privately held producers left in the Permian are Continental Resources and Mewbourne Oil. Conoco could potentially seek to acquire Permian Resources , Civitas , Coterra, Vital Energy or Ovintiv , Bernstein said.
Persons: Matthew Bernstein, Bernstein, Hess, Andy Lipow, Neal Dingmann, Mewbourne, Dingmann, Ovintiv, Enerplus, Bob Yawger, Yawger, weren't, Ryan Lance, Lance, Conoco, EOG Organizations: Diamondback Energy, Endeavor Energy Resources, Diamondback, Exxon Mobil, Chevron, Rystad Energy, Truist Securities, CRFA Research, Endeavor, CNBC, Exxon, Natural Resources, Occidental, Lipow Oil Associates, Resources, Mewbourne, Continental, Publicly, Civitas, Coterra, Vital Energy, Devon Energy, Marathon Oil, Bloomberg News, Marathon, Reuters, CFRA, ConocoPhillips, Mizuho Locations: U.S, Texas, New Mexico, Guyana, Devon, Bakken, North Dakota, Occidental, Mizuho Americas, Marathon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase rally is setting itself up for a bigger fall when it reports, says Mizuho’s Dan DolevDan Dolev, Mizuho Americas managing director, joins 'Fast Money' to talk what to expect from Coinbase earnings, the state of the crypto space and more.
Persons: Dan Dolev Dan Dolev Organizations: Mizuho Locations: Mizuho Americas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. tech and AI trade needs to crack for money to rotate back into Chinese stocksFarzin Azarm of Mizuho Americas says money has been sticking with U.S. tech and artificial intelligence related stocks given their continuous climb; but when these trades unwind, cheaper valuation companies such as Chinese stocks will look attractive.
Organizations: Mizuho Locations: Mizuho Americas
Occidental Petroleum and Diamondback Energy may be poised to rally after U.S. crude oil prices broke above a key resistance level on Friday, according to the chief market strategist at Miller Tabak. "That paves the way for higher prices," said Bob Yawger, managing director and energy futures strategist at Mizuho Americas. "If crude oil rolls back over, breaks below that level — that's going to tell you that I'm wrong. "And that tells me that if he's buying a stock that's highly leveraged to the price of oil, he believes oil prices are going higher." Just on Friday, Houthi militants claimed responsibility for a missile attack on an oil tanker, while a Ukrainian drone attack on a Russian fuel terminal on the Baltic Sea helped push oil prices higher earlier in the week.
Persons: Miller Tabak, Miller, Matt Maley, Bob Yawger, Yawger, WTI, Maley, It's, Diamondback, Buffett, Warren Buffett, Berkshire Hathaway, Friday's, Houthi Organizations: Occidental Petroleum, Diamondback Energy, West Texas, CNBC, Mizuho Americas, Occidental, Diamondback, United States Oil ETF, Berkshire, Wall Street Locations: Miller Tabak ., China, Occidental, Occidental's, Houston, FactSet, U.S, Russia, Ukraine, Ukrainian, Baltic
CNN —From NFL quarterback greats locking horns to clashes between golf’s most notorious rivals, Capital One’s The Match series has delivered on a unique approach to entertainment in recent years. Next month, the ninth and latest edition is set to make even more history: for the first time, the series will include female participants. ET (11:30 p.m. GMT) on February 26, Capital One’s The Match will take place under lights across a 12-hole event at The Park course in West Palm Beach, Florida. Warren Little/Getty ImagesAt 28, Thompson is already a seasoned champion, boasting a major title – the 2014 Chevron Championship – among her 11 LPGA Tour victories. In October, she became just the seventh woman to compete on the PGA Tour.
Persons: Rory McIlroy, Lexi Thompson, Rose Zhang, Max Homa, Michael Reaves, , Jay Monahan, ’ McIlroy, Tiger Woods, Justin Thomas, Jordan Spieth, Jordan, , McIlroy, ” McIlroy, “ It’ll, Thompson, Zhang, Warren Little, Jennifer Kupcho, “ It’s, Homa Organizations: CNN, NFL, Capital, TNT Sports, USA, Golf, Hawaii, PGA, JT, Hero Dubai, LPGA, Northern Ireland, Emirates Golf Club, Chevron, , Stanford, Mizuho, Team Europe, Ryder, Turner Sports, Warner Bros, Discovery, Warner Bros . Locations: West Palm Beach , Florida, United States, Florida, American, Rome
Supply is forecast to grow by 1.5 million barrels per day to a new high of 103.5 million barrels per day, according to the IEA. Demand will grow by 1.2 million barrels daily, down from 2.3 million in 2023, with the post-pandemic recovery over and major economies set to slow. WTI and Brent closed out 2023 down more than 10% and OPEC+ production cuts have so far failed to lift prices. Goldman Sachs, for example, says oil prices could double if there is a prolonged disruption to shipments through the Strait of Hormuz. 'Golden era' Stronger U.S. oil production in 2023 surprised even oil industry CEOs such as Chevron's Wirth and Occidental's Vicki Hollub, they told CNBC in recent interviews.
Persons: Michael Wirth, Wirth, CNBC's Brian Sullivan, Goldman Sachs, Walt Chancellor, Daniel Yergin, Brent, Adi Imsirovic, Imsirovic, Yergin, Bob Yawger, Yawger, Matt Smith, Smith, Chevron's Wirth, Occidental's Vicki Hollub, I'm, Macquarie, Chancellor, Hollub, Organizations: P, Energy Information Agency, Chevron, P Global, CNBC, Economic, West Texas, Center for Strategic, International Studies, OPEC, Bank of America, Oil, International Energy Agency, IEA, Brent, Mizuho, Gulf, Americas, Western Hemisphere Locations: East, U.S, Macquarie, Davos, Switzerland, Canada, United States, United Kingdom, OPEC, Brazil, Guyana, Americas, Europe, Red, Kpler, Iran, Hormuz
"We're definitely seeing a bit of a soft open in the IPO market", said Lizzie Reed, global head of the ECM syndicate desk at Goldman Sachs. Arm and Instacart shares briefly fell below their issue price, suggesting there is still some way before the IPO market fully recovers. Medical glass producer Schott Pharma (1SXP.F) debuted on the Frankfurt Stock Exchange on Thursday, with shares closing 16% above the IPO price. Klaviyo's shares are now trading at a 21% premium to their IPO price. "For the IPO market to open more broadly in the first quarter in 2024 ... we need the 2023 IPO cohort to continue to perform well," said Josh Weismer, head of U.S. ECM, Mizuho Americas.
Persons: Lizzie Reed, Goldman Sachs, IPOs, Robert Stowe ,, Suneel Hargunani, Schott, ThyssenKrupp, Hidrolectrica, Ross Devor, , Samir A, Gandhi, Stephane Gruffat, SoftBank, Josh Weismer, Echo Wang, Pablo Mayo, Anousha Sakoui, David Holmes Organizations: Bankers, ECM, Arm Holdings, Barclays, Citigroup, Schott Pharma, Frankfurt Stock Exchange, Thoma Bravo, Deutsche Bank, Nvidia, Apple, Qatar Investment Authority, U.S, Mizuho, Pablo Mayo Cerqueiro, Thomson Locations: United States, Europe, British, New York, U.S, IPOs, East, Africa, Romanian, Qatar, Mizuho Americas, London
A seventh grader at Thomas Starr King Middle School in California, Soong was granted absence time to compete in the grueling two round, 36-hole event dubbed “Golf’s Longest Day”. Soong became the youngest ever to reach the final round of US Open qualifying after edging through a three-way first stage playoff at Brentwood Country Club in California last month, securing his passage with a 12-foot putt. Zhang in action at the 2012 US Open at The Olympic Club in San Francisco, California. Neither Block stamped their ticket to the major next week, with the youngest finishing three shots behind Soong. His father missed out in agonizing fashion, finishing just two shots behind the highest scoring qualifier at Ontario’s Lambton Golf and Country Club and just one shy of making it on to the alternate list.
Persons: Jaden Soong, Thomas Starr, Soong, Brendan Steele, Dylan Block, Michael Block, Andy Zhang, Zhang, Harry, Bella Simões, Lexi Thompson, Rose Zhang Organizations: CNN, US, Hillcrest Country Club, Thomas Starr King Middle School, Los Angeles Country Club, Hillcrest, Brentwood Country Club, Olympic Club, Stanford University, Mizuho, Ontario’s, Country Club Locations: Los Angeles, California, Toronto, Canada, San Francisco , California, Brazilian, Ontario’s Lambton
But Sunday’s final round shaped up to be a roller coaster for the two-time NCAA women’s golf national champion. With a win in sight, Zhang missed a would-be victory clinching putt to send the tournament into a sudden death playoff with Kupcho. Rose Zhang at the first tee during the final round of the LPGA Mizuho Americas Open on Sunday. Following her maiden LPGA Tour victory, Woods congratulated Zhang on Twitter saying, “Incredible few weeks for Rose Zhang, defends her NCAA title and then wins in her Pro debut. Despite the busy school schedule, Zhang says fans can expect to see a lot more of her on the LPGA Tour.
Persons: Rose Zhang, Jennifer Kupcho, Zhang, Atthaya Thitikul, Aditi Ashok, Beverley Hanson, it’s, I’ve, ” Zhang, , I’m, , Rich Graessle, Lorena Ochoa, Tiger Woods, Woods, what’s, I’ll Organizations: CNN, Mizuho, Liberty National Golf Club, Kupcho, Stanford, NCAA, LPGA, LPGA Mizuho, NCAA National, CS Locations: New Jersey, Cheyenne Knight, Arizona
Zhang displays her trophy after winning the Mizuho Americas Open in a playoff over Jennifer Kupcho during the final round Sunday. “Incredible few weeks for Rose Zhang, defends her NCAA title and then wins in her Pro debut,” tweeted Tiger Woods, who forged his own legacy as a Stanford Cardinal golf player. Join us on Twitter and FacebookIt would be wise, sport fans, to pay attention, even if golf isn’t your thing. With Rose Zhang, the LPGA has a star who is not just the most touted athlete to hit women’s golf in a long time, but golf writ large. Indeed, Zhang might be one of those athletes, like Woods, who could transcend her sport, creating the start of something special for all of us.
Persons: Amy Bass, Read, Rose Zhang, Beverly Hanson, Amy Bass Rodney Bedsole I’m, , Julene Caulfield, Zhang, Jennifer Kupcho, Elsa, ” Zhang, , Woods, , Zhang —, Rafael Nadal, Novak Djokovic, Carlos Alcaraz Organizations: Manhattanville College, CNN, Mizuho, Stanford University, NCAA, Student, Manhattanville, Division III, Liberty, Stanford, Kupcho, Twitter, Stanley, Golden Knights, Celtics, Denver Nuggets, NBA Locations: Jersey City , New Jersey, Vegas, Florida
Zhang triumphs in playoff to win in pro debut on LPGA Tour
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, June 4 (Reuters) - American Rose Zhang prevailed in a tense playoff against compatriot Jennifer Kupcho to claim at the Mizuho Americas Open title and become first woman in more than 70 years to win on her professional debut at an LPGA Tour event on Sunday. "It was just last week that I won NCAAs with my team mates and to turn pro and come out here, it's just been amazing." Got a taste of the pressure, got a taste of the wind and I tried to stay composed as always," said Zhang. Zhang, who won the Augusta National Women's Amateur in April, is the second woman to win in her pro debut on the tour after Beverly Hanson in 1951. Reporting by Amy Tennery; Additional reporting by Nick Mulvenney in Sydney; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
Persons: Rose Zhang, Jennifer Kupcho, it's, Zhang, Beverly Hanson, Amy Tennery, Nick Mulvenney, Christopher Cushing Organizations: YORK, Mizuho, Liberty, Augusta National, Amateur, Thomson Locations: Sydney
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are buying China tech stocks 'very cautiously,' says Mizuho AmericasFarzin Azarm of Mizuho Americas says there is confusion and uncertainty in China's tech market.
Not long before Rose Zhang clutched a microphone on Tuesday, Michelle Wie West laughingly made an observation: Zhang might have logged more weeks as the world’s No. 1 amateur women’s golfer than Wie West spent as an amateur, period. It was an exaggeration — even though Wie West became a professional at 15 years old and Zhang spent more than 140 weeks in the top spot — but it also wryly underscored how Zhang’s rise in women’s golf is playing out differently from how other ascending stars built their careers. In Zhang, who will make her professional debut this week at the Mizuho Americas Open in Jersey City, N.J., women’s golf is getting the rare prodigy who has played for an American college. “So I wanted to see how I fared in college golf, and it turned out well.”
Persons: Rose Zhang clutched, Michelle Wie West laughingly, Zhang, Wie, you’re, ” Zhang, Organizations: Mizuho Locations: Jersey City, N.J
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI am 'baffled' by the behavior of Chinese ADRs and the market: Mizuho Americas managing directorFarzin Azarm of Mizuho Americas discusses the sequence of events that preceded their "abnormal" behavior.
Here's how 3M's growing legal battle is impacting its stock
  + stars: | 2023-03-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how 3M's growing legal battle is impacting its stockBrett Linzey, Mizuho Americas executive director, joins ‘Power Lunch’ to discuss 3M's growing legal battle over combat-grade earplugs and the issue's impact on the stock.
To stave off the latter, the Fed offered a solution that seemingly contradicted its hawkish flight path: looser purse-strings. That means the Fed can still fight the battle against inflation even while it shores up the banking sector. Although the Fed’s new program is an extraordinary action to ensure bank stability, the Fed is engaged in the lending business every day, Brusuelas noted. “The Fed buys and sells government securities each day to maintain the range of its policy rate — the federal funds rate — between 4.5% and 4.75%,” he said. Once that returns, the central bank can shift its focus back to restoring price stability, he said.
Finance chiefs are coming into the year grappling with a variety of challenges, from rising interest rates and inflation to managing labor disruptions, pricing and inventory. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. “But…there’s more and more of a belief that any kind of downturn will be short and shallow, frankly. Some finance chiefs, meanwhile, are finding opportunities to expand in the volatile economy. You can’t take everything that your vendors are sending you.”Labor woes persistHiring, however, remains a challenge for finance chiefs.
This is why we have seen less activity," said Dirk Albersmeier, co-head of global M&A at JPMorgan. In the fourth quarter, there has been a 56% contraction in global M&A to $641.2 billion, partly caused by a 66% drop in private equity activity. Top rainmakers expect a pickup in cross-border M&A activity. Going forward, private equity funds are expected to kickstart the recovery as they seek assets at a discount. We were probably more optimistic a year ago," said David DeNunzio, global head of M&A at Wells Fargo.
The market has turned decidedly bearish — as can be seen in a lack of activity among long-only hedge funds, said Wall Street veteran Farzin Azarm. Instead, he's seeing a lot of short selling in the market, particularly in the growth sector. Three stocks he loves Azarm could well be one of the few bulls in an otherwise bearish market right now. Unsurprisingly, he's a fan of growth names. If there's going to be a risk to the upside, it's going to be those names," he said.
The number of job openings dropped to just under 10.1 million, down from 11.2 million in July, according to data released Tuesday by the Bureau of Labor Statistics. Jay Powell is fist pumping at that job openings number. — Nick Bunker (@nick_bunker) October 4, 2022Economists were expecting job openings to fall to just 10.8 million, according to estimates on Refinitiv. Practically every industry saw a decline in job openings, indicating a broader slowdown, he said. “The key concern for the medium-term US inflation outlook is the extreme imbalance in the labor market,” he wrote.
Some highly rated companies are turning to term loans instead of bonds for their financing needs, taking advantage of cheaper pricing as banks have been slower to adjust to rising interest rates than the credit markets. Highly rated companies raised $998.8 billion in bonds in the U.S. this year through Monday, compared with $177.9 billion in term loans, according to Refinitiv, a data provider. For all of last year, fundraising through bonds amounted to $1.46 trillion versus $236.7 billion for term loans for investment-grade-rated companies. Term loans often have a shorter duration than bonds, with many of them ranging from three to five years. Term loans tend to be secured,” Mr. Holtz said, pointing to the mixture of bonds and term loans that make up the company’s capital structure.
Total: 24