From the Securities Lending Trading Desk

In the US, Sessions, who had been vehemently against marijuana legalization, announced his resignation on Wednesday. Shares in Toshiba Corp surged in Tokyo trading after it announced plans to reinstate its dividend and exit a troubled LNG investment. Potential M&A activity is heating up in the UK.

Continue reading “From the Securities Lending Trading Desk”

From the Securities Lending Trading Desk

In the US, Redfin’s stock price has been declining in spurts over the past year as the share price is now half of what it was at the start of 2018. The auto sector is facing its first decline in more than two decades on a slowdown in the Chinese economy and as the effects of the trade war are now starting to take effect. In Europe, Aryzta, a popular lending name, had its shares suspended this week following a vote on a rights offering to ensure the bakery’s survival.

Continue reading “From the Securities Lending Trading Desk”

From the Securities Lending Trading Desk

In the US, one industry expert stated that Ballard has a long way to go before it can proclaim success in proving the fuel-cell business can be profitable. In Asia, we have seen moderate securities lending demand for Cathay Pacific since the revelation of the hack, with its shares down 16% in 2018 and now trading at a low not seen since June 2009. In Europe, problems are compounding for Spanish supermarket chain Distribuidora.

Continue reading “From the Securities Lending Trading Desk”