Destruction Continues in South Lebanon as Israel Again Stalls on Drawdown

Samsung Unleashes $80 Billion Shareholder Return After SK Hynix's "Buyback Bazooka" To Revive Memory Trade Days after SK Hynix unveiled a staggering 40 trillion won, or $28.6 billion, "buyback bazooka" aimed at putting a floor under its shares following a sharp six-week selloff, Samsung Electronics joined the capital-return push. The world's largest memory-chip maker said Friday that it plans to return as much as 110 trillion won, or $80 billion, to investors this year. The twin announcements suggest the world's top memory companies are trying to support higher valuations and reward...

The Low VIX Hides Fierce Undercurrents Via RealInvestmentAdvice.com, Goldman Sachs’ volatility desk made the following comment: “With the VIX back to its lowest levels in more than a month, our Vol desk is focused on hedging opportunities as 1-month S&P implied correlation is near its lowest level in 20 years.”  Simply, a low VIX can convey a sense of market calm on the surface, yet implied correlation tells a different story. The VIX, based on option trading data, measures the implied volatility of the S&P 500 index. A low VIX means traders expect the market...

At least five people have been killed and an unknown number of others wounded Monday in various Israeli strikes on southern Lebanon. At least one of the slain was a woman, targeted outside the women’s Islamic center in Zefta. Zefta appeared to be the main site of casualties so far on Monday, with at least […]