Read Larry Connors' blog – Short Term Trading Strategies
"The economy is beginning to stabilize and CEO confidence is returning. We are still planning for a gradual increase in traditional M&A activity, reaching the prior period highs in about four years," said Steven J. Golub, interim Chief Executive Officer of Lazard. "We also believe that corporate defaults will remain at high levels, on a more global scale than during the last cycle, and therefore, we expect that our restructuring business will continue to be very active."
Write to Chip Brian at cbrian@tradethetrend.com
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