Monthly Archives: January 2012
Mark Mobius on Where and What to Invest In
Why are Politicians Blaming Fannie and Freddie ?
Is it to take the heat off politicians in general ? Is it just a campaign energizer touching on anger Americans have for the debacle ? Stop blaming two quasi government entities and get tough on the real issue at hand.
Comments »Will Cheap Evaluations Take The Markets Higher ?
This Recovery vs Past Recoveries: Chart Porn For the Bears
Dangerous Complacency: Does the VIX Mean Anything ?
No Surprise: U.S. Geological Chief Says White House Gave Misleading Information on the BP Oil Spill
Obama Steps Up the Pressure by Sanctioning Iran’s Third Largest Bank
VENTI & TONIC: Starbucks to Sell Alcohol in Some U.S. Cafes $SBUX
Starbucks Corp (SBUX.O) plans to begin selling beer, wine and more upscale food in a small number of cafes in Atlanta and Southern California by the end of this year as it explores an expansion beyond morning coffee and afternoon pick-me-ups.
Starbucks is planning to add beer, wine and food such as savory snacks and hot flatbreads to the menus in four to six outlets in both Atlanta and Southern California.
The world’s biggest coffee chain started selling those items at a Seattle cafe in October 2010. Five stores in the Seattle area and one in Portland, Oregon, now offer the extended menu.
Late last year, Starbucks announced similar plans for five to seven Chicago-area cafes by the end of 2012.
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Southwestern Energy (NYSE:SWN): Upgraded
Comments »BMO Capital is upgrading Southwestern Energy (NYSE:SWN) to Outperform from Mkt Perform with a $40 price target calling for Peak in negativity.
Notablecalls: Today is natty day. This comes after Chesapeake (CHK) vowed to curtail Marcellus drilling, sending natural gas prices way higher in minutes. One glimpse at US Natural Gas Fund (UNG) and you see it’s a coiled spring.
NOT JUSTIFIED: MAYOR OF KENTUCKY TOWN SHOT DEAD AS SUSPECT SURRENDERS
The police chief of a western Kentucky city says the mayor has been fatally shot and a man has turned himself in to police.
Hickman Police Chief Tony Grogan said the incident occurred around 1 a.m. CST Monday and took the life of Hickman Mayor Charles Murphy at Murphy’s home, according to WYVY Radio in Union City, Tenn.
Police have charged 30-year-old Tommy Lattus with murder and he is held at the Fulton County Detention Facility. Grogan said Lattus came to the police station after the shooting and told officers he shot Murphy. Grogan did not give a motive.
The victim was in his second term as mayor and had served earlier terms on the city board.
Jail records don’t indicate whether Lattus has an attorney.
Lunch Break: Go Ahead and Run With the Bulls
Face the Facts: Europe’s Debt Crisis is an Unsolvable Circle Jerk
#OWS Brings Their Message to Davos
Diamondback Capital to Settle Insider Trading Charges
Barton Biggs is Worried Over Europe (video)
Nassim Taleb: ‘The Only Candidate I Trust Is Ron Paul’
Stamford Claims He is an Asshat With Memory Loss
Buffet Blames Congress for Romney’s 15% Tax Rate
RAND PAUL IN STANDOFF WITH TSA AGENTS OVER REFUSAL OF PAT-DOWN
Sen. Rand Paul told his communications director this morning he was being detained by TSA at the Nashville airport.
The Twitter account associated with Paul staffer Moira Bagley, @moirabagley, tweeted around 10 a.m., ET, “Just got a call from @senrandpaul. He’s currently being detained by TSA in Nashville.”
A TSA spokesman said the agency was looking into the matter but could not immediately comment.
Paul apparently set off an airport security full-body scanner “on a glitch,” a spokesman in Paul’s office told ABC News.
The Paul staffer said TSA agents would not let Paul walk back through the body scanner and were demanding a full body pat-down.
The Paul spokesman said his office called TSA administrator John Pistole about the incident this morning.
The Senate is back in session today at 2 p.m., with votes scheduled at 4:30 p.m.
The issue of pat-downs has been an important one to Paul, the son of libertarian-leaning Republican presidential candidate Ron Paul. Sen. Paul brought this issue up at a hearing earlier this year.
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