News 

Disney halts share repurchases amid Fox acquisition

“Disney expects to resume repurchases after improving its cash-to-debt ratio, McCarthy said, as the Fox acquisition’s cash outlay will increase Disney’s leverage” writes Jeremy C for marketwatch.com. Disney shares, which were down 2% in late trading after the release of the results, returned to near break-even during Tuesday’s call.DIS, +0.53% will cease repurchasing its shares while executing the acquisition of certain assets from 21st Century Fox FOX, -0.46% Chief Financial Officer Christine McCarthy said in a conference call Tuesday. Source: marketwatch.com Share This:

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Brokers News 

Leverage in retail FX: The banks pulled it down a year ago, so what’s new?

“FX hedge funds are investment firms that manage capital on behalf of high net worth individuals and institutional investors” reports financefeeds.com. FX hedge funds trade frequently in financial markets and are therefore important for secondary market liquidity and price discovery.Hedge funds obtain financial leverage from their prime brokers in the form of securities lending, margin loans, repo and derivatives agreements.For example, in the summer of 2017, Deutsche Bank’s prime finance division began plans to reduce its leverage exposure by a quarter, roughly €50 billion (£43 billion).They can invest using complex strategies…

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Crypto News 

Japan’s Self-Regulating Cryptocurrency Body…

“Although margin trading is an integral part of cryptocurrency trading, introducing hard limits is a smart decision” writes Jp Buntinx for livebitcoinnews.com. A new proposal has been put forward to curb margin trading and reduce the risk due to volatile price swings.This rule on margin trading isn’t set in stone, but it appears that the self-regulating body will go through with it.Users who partake in cryptocurrency margin trading expose themselves to even bigger risks.Do you agree with putting limits on margin trading?.  Source: livebitcoinnews.com Share This:

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News 

We have leverage over Iran — and it’s time to use it

“When Trump pulled out of the Iran deal earlier this year, there were warnings that it would split the Western alliance, prompt an Iranian nuclear break-out or leave the US isolated and unable to effectively sanction Iran on its own” writes unknown author for nypost.com. Iran wasn’t in position to take economic advantage of the windfall of the nuclear deal.Instead, Iran is in the midst of an economic crisis, before the United States has truly ratcheted up the pressure. Source: nypost.com Share This:

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News 

Ben Sasse to White House: Stop using border family separation as leverage

“There are other options available to them,” wrote Sasse, although he acknowledged those options might be technically difficult to pull off” reports washingtonexaminer.com. The Trump administration has said federal law requires immigrant children to be separated from their families when they cross into the U.S. outside of a border checkpoint, since officials aren’t allowed to detain children for long. Source: washingtonexaminer.com Share This:

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News 

Kellyanne Conway on White House leaker: ‘I want that person to say it to my face, I really do’

“In the Post report, the White House source discussed President Trump’s thinking behind the hardline approach to immigration” reports washingtonexaminer.com. President Trump is set to meet with the entire Republican caucus on Capitol Hill Tuesday to push the caucus toward passing the two immigration bills in the coming days.White House counselor Kellyanne Conway wants an anonymous Trump administration source to come forward after the individual was cited in a report that said the Trump administration is using the issue of asylum-seeker families being separated at the U.S. border as leverage…

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Markets News 

Wall Street experts are crying foul on an overlooked yet dangerous signal that a market meltdown is near

“A private equity meltdown isn’t his base case, but rather a mounting risk that, in certain scenarios, could come out of nowhere to surprise investors” writes Aol Staff for aol.com. The connective tissue between the arguments made by Harvey and Fredericks is two-fold: they involve private equity firms, and focus on exorbitant leverage.It seems like every time Joseph Harvey opens the Wall Street Journal, he’s presented with a fresh batch of signals that the current market cycle is nearing its conclusion. Source: aol.com Share This:

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News Stocks 

First Data stock gains after BTIG raises price target on debt reduction

“FDC, +0.76% are up 0.5% in Friday trading after BTIG analyst Mark Palmer raised his price target on the stock to $27 from $23” writes Emily Bary for marketwatch.com. “We continue to view deleveraging as the primary driver of shareholder value for FDC in the medium-term as the company’s ample free cash flow should enable it to meet management’s target of reducing its net leverage ratio from 5.8x at March 31, a level more in line with its peers’ leverage ratios,” Palmer wrote. Source: marketwatch.com Share This:

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Brokers News 

Breaking: New European Retail Broker Leverage Rules Kick Off in August

“Today the pan-European financial regulator announced that the measures against binary options and CFDs brokers have been published in the Official Journal of the European Union” reports financemagnates.com. The binary options product will be fully prohibited, while CFDs are going to get restricted for retail investors.In addition, brokers will need to adhere to a 50 percent margin closeout rule and provide negative balance protection. Source: financemagnates.com Share This:

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News 

Triple Crown hopeful Justify’s owners tap Leverage Agency for deals

“The assignment from Winstar Farm horse breeders, to be announced on Thursday, marks the third time the New York agency has served a Triple Crown contender” reports nypost.com. The agency also lined up sponsorships with Skechers and Breathe Right for California Chrome — a popular but unsuccessful contender in 2014.American Pharoah won the three-race trophy in 2015, after Leverage cut high-profile deals with Monster Energy and Wheels Up. Source: nypost.com Share This:

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