Yearly Archives: 2011
Portugal’s 2 Year Note Spreads Blow Out Above 8.6%
New jobless claims fall 6,000
Government reports show 388,000 initial claims.
This is down from 394,000. However, those numbers were revised up from 382,000 the week before.
So initial unemployement benefits are up 6,000 inside of two weeks…
Comments »Geithner calls for “flexible” currencies
Which is a very weak way of telling the chinese to stop manipulating their currency for advantageous trade positioning.
The G-20 meeting was organized by France, which is holding presidency of the group for this year.
France and China both pushed for the renminbi to be added to the Special Drawing Right account.
Comments »In Play, On The Wires, & Unusual Stock Trades This Morning
Amazon Negotiates With Music Labels on Cloud Storage
Rumor: AU Optronics to Supply Apple’s IPAD 2
AU Optronics’ shares (AUO) are spiking this morning on rumors they may be a key supplier of LCD flat panel screens to Apple for their IPAD 2. However, some feel the story is not very credible.
Comments »“I think the credibility of this news is only at 30-40 percent, mainly because of the patent authorization for the technology,” said Wayne Cheng, an analyst of Primasia Securities.
Farmers Launch Lawsuit Against Monsanto For Unfair Patent Enforcement
Acropolis Up For Sale ?
Traders Expect Oil Prices to Drop Over the Next 2 Quarters
Weekly Jobless Claims: Previous 382k, Market Expects 383k, Actual 388k
Upgrades and Downgrades This morning
ADM, CCL, CAVM, DRYS, GIS, GXP, HP, HES, JNPR, MRVL, NETL, PPG, CRM, STRA, TSLA
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