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If China's highly indebted property company China Evergrande Group (OTC: EGRN.Y) has a hard default on its more than $300 billion debt load, and the ripple effect sweeps through the global economy, all bets are off. But it's likely there will be some intervention: a managed default,...
Shares of Bank of America (NYSE: BAC) and Citigroup (NYSE: C) were trading nearly 4% higher in the final hour of trading Thursday as the broader market rallied from what has been a difficult few weeks. Like a lot of the market, bank stocks got hit hard on the news ab...
Shares of Chinese companies named "Evergrande" are having a topsy-turvy day today. On the one hand, China Evergrande Group (OTC: EGRN.F) , the real estate giant that's been making headlines over the past year, was down 10% by 10:15 a.m. EDT on Thursday. On the other hand, sh...
Shares of Chinese property behemoth China Evergrande Group (OTC: EGRN.F) , as well as shares of the China Evergrande Group (OTC: EGRN.Y) American depositary receipts, exploded higher in Wednesday morning trading, rising 40.1% and 47.5% respectively, through 10:25 a.m. ED...
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Shares of China Evergrande Group (OTC: EGRN.F) were heading lower today even as the S&P 500 moved higher and Chinese stocks were generally flat on the day. The culprit seemed to be yet another report showing big-money investors are steering clear of the Chinese real ...
Shares of massive Chinese property developer China Evergrande Group (OTC: EGRN.F) had rocketed 61% higher as of 1:30 p.m. ET Monday. The saga of Evergrande's blowup and potential bankruptcy has been going on since last summer, when Chinese authorities were making efforts to tigh...
Shares of China Evergrande Group (OTC: EGRN.F) had a wild ride on Friday. The penny stock soared in the morning and was up by 27% at 1:02 p.m. ET to nearly $0.16. Then it fell precipitously in the afternoon, and by the closing bell, it was back down to $0.11 per share -- down 10.93%...