Also the Rock Band and video games services did poorly…
Comments »Monthly Archives: February 2012
Sony Moves Into the Red and Slashes Guidance
Pulte Group Reports Their First Profit Since June of 2010
Brazil Says They May Face Limits in Weakening Their Currency
“Brazil’s government faces limits on how much it can do to prevent its currency from strengthening, Trade Minister Fernando Pimentel said.
“Beyond what the central bank already does, there isn’t much more than can be done,” Pimentel said yesterday in an interview in Port-au-Prince as he accompanied President Dilma Rousseff on her state visit to Haiti. “There’s a limit to our capacity to prevent this appreciation of the real.”
Comments »Deustche Bank Sees a 76% Profit Drop From Sovereign Debt Issues
The Euro, Oil, and Gold Trade Down Slightly As a Greek Debt Deal Remains Unresolved
China is Vocally Courteous, But Will They Really Help Europe ?
Asian Markets Maintain Their Rally, While Europe and U.S. Futures Trade Around the Unch Line
BREAKING: JUSTICE DEPARTMENT OFFICIALS ACCEPT CASH BRIBES FROM CORRUPT FINANCE EXECS
By Matthew Boyle
A U.S. Justice Department source has told The Daily Caller that at least two DOJ prosecutors accepted cash bribes from allegedly corrupt finance executives who were indicted under court seal within the past 13 months, but never arrested or prosecuted.
The sitting governor of the U.S. Virgin Islands, his attorney general and an unspecified number of Virgin Islands legislators also accepted bribes, the source said, adding that U.S. Attorney General Eric Holder is aware prosecutors and elected officials were bribed and otherwise compromised, but has not held anyone accountable.
The bribed officials, an attorney with knowledge of the investigation told TheDC, remain on the taxpayers’ payroll at the Justice Department without any accountability. The DOJ source said Holder does not want to admit public officials accepted bribes while under his leadership.
Read the rest here.
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SOVEREIGN BOND YIELDS PLUNGE LOWER
GLOBAL CDS SPREADS PLUMMET
Bill Gates Wants to Annihilate Your Sperm
Pro Romney Superpac Spends More in FL than McCain Spent on His Entire 2008 Ad Campaign
Gary Shilling is Crying Hard Landing for China
U.S. Accuses China of Stealing Trade Secrets From DuPont
JPM Drops $700 Million+ in Claims From LEH
Nikkei Suspends Trading in 241 Issues Due to a Glitch
Demi Moore Hospitalized For Smoking Incense
Comments »In this week’s cover story, the celebrity weekly says Moore was on a party binge when friends called 911 on January 23 saying the actress was having convulsions after smoking an unidentified substance.
TMZ later reported Moore was inhaling nitrous oxide whip-its, a recreational drug most commonly linked to young teens.
Status update: Facebook to go public, raise $5B
Comments »The documents show, as expected, that Facebook is thriving. The company earned $668 million on revenue of $3.7 billion last year, according to the filing. Both figures nearly doubled from 2010.
“The company is a lot more profitable than we thought,” said Kathleen Smith, principal of IPO investment advisory firm Renaissance Capital.
Bull Radar
Comments »Stocks Rising on Unusual Volume:
- AZPN, BCS, MSTR, AIXG, EXPW, STX, MDVN, FTNT, REXX, BVSN, IACI, BRCM, IPXL, AMLN, DNDN, CYT, WHR, IX, KNM, CYT, MAN, AOL, PPO, MTW, TEX, MPC, MYL, HUN, WDC, AVY, MS and HALO
Stocks With Unusual Call Option Activity:
1) UBS 2) WHR 3) GGC 4) HUN 5) STX
