Here’s a look at Friday’s hybrid movers, click here for charts.
Comments »Monthly Archives: May 2012
Futures Up On Greece Hopes
NEW YORK (MarketWatch)—U.S. stock-index futures climbed Monday as Greece’s pro-austerity party topped polls ahead of June elections, raising hopes the country can adopt measures needed to stay in the euro.
Comments »VFW Seeks Apology After MSNBC Host’s ‘Reprehensible and Disgusting’ Comments
Comments »Over the weekend, MSNBC host Chris Hayes told his viewers that he’s “uncomfortable” with calling “war dead and the fallen … ‘heroes.'” Now, the Veterans of Foreign Wars group have responded by saying that Hayes’s comments “are reprehensible and disgusting” and are asking for the MSNBC host to apologize.
“Chris Hayes’ recent remarks on MSNBC regarding our fallen service members are reprehensible and disgusting,” Richard DeNoyer, a VFW official, told Fox News in a statement. “His words reflect his obvious disregard for the service and sacrifice of the men and women who have paid the ultimate price while defending our nation. His insipid statement is particularly callous because it comes at a time when our entire nation pauses to reflect and honor the memory of our nations’ fallen heroes.”
Iraq Stock Exchange Seeks Broader Investor, Add Liquidity
Comments »The Iraqi bourse is asking local companies to list shares and depositary receipts in London andNew York to attract investors and increase volumes, the bourse’s chief executive officer said.
“We are encouraging our companies” to list on the London Stock Exchange (LSE) or the Nasdaq Stock Market “to allow shareholders to turn some of their shares into global depositary receipts or American depositary receipts,” CEO Taha Ahmed Abdul Salam al-Rubaye said in Baghdad yesterday. Exchange officials held meetings with Bank of New York Mellon regarding ADRs, he said.
The Iraq Stock Exchange (BBOB) General Index has tumbled 21 percent since reaching the highest in at least two years on Oct. 4. It was little changed today at 116.20. There are 86 listed companies on the exchange, from industries including banking, agriculture, tourism and insurance. Financial companies made up 70 percent of the bourse’s $4 billion market value at the end of 2011, al-Rubaye said.
Powerful “Flame” cyber weapon found in Iran
Comments »(Reuters) – Security experts have discovered a highly sophisticated computer virus in Iran and the Middle East that they believe was deployed at least five years ago to engage in state-sponsored cyber espionage.
Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation or nations that commissioned the Stuxnet worm that attacked Iran’s nuclear program in 2010, according to Kaspersky Lab, the Russian cyber security software maker that claimed responsibility for discovering the virus.
Bieber Attacks A Photographer
This is just plain stupid, and so is “Beiber Fever”
Comments »Teen idol Justin Bieber is wanted for questioning by Los Angeles County Sheriff’s investigators – after a paparazzo complained of being roughed up by the young pop star at a shopping center.
The scuffle allegedly happened when the photographer tried to snap pictures of the 18-year-old and his girlfriend Selena Gomez, after they walked out of a theater at The Commons at Calabasas today.
Sheriff Lt. Robert Wiard says the photographer in question called 911 on Sunday and complained of pain to his chest.
No BBQ in Miami This Weekend; Naked Man Eats Another Man’s Face Carpaccio Style(video)
For real zombie action in Miami. The man cuaght eating another man’s face took at least 6 bullets b4 giving up.
[youtube://http://www.youtube.com/watch?v=2X39f_frNJk 450 300] Comments »Analysts: Expect Volatility, But Gold Will Return to Safe Heaven Status
Top Fed Official Says U.S. is Ready to Handle a European Fall Out
I think were already in a fallout, but what about a melt down ?
“There’s absolutely no reason for people in the United States to get all in a dither,” Federal Reserve Bank of Philadelphia President Charles Plosser said in an interview with The Wall Street Journal.”
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Spanish Yields Hit Nose Bleed Territory as Bankia Gets Over $28 Billion in Bailouts
Spain’s largest bank got massive bailouts last week. It started off with $11 billion, then climbed to $18b, then $23b by Friday. What many did not know was they also received a state bailout of of $4.5 billion bringing the grand total to $28.3 billion.
Law makers were sure to slowly increase the bailout during the week to lessen the blow or surprise of so much money being needed. Despite all the cash injections yields are racing back to 7%; traditionally an area that give the markets serious jitters.
Comments »Oil Takes a Dead Cat Bounce on Greek Party Hopes and Iran Tensions
Oil makes a bounce play into the $92 per barrel range on Iran tensions and the hopes Greece will have a successful election with a democratic party that favors bailouts.
Comments »The Euro Pops Early On Against the Dollar, But Pares Gains Quickly
The Euro bounced from last weeks lows to hit near 1.28 to teh dollar, but them fell back into the 1.25 area to go negative.
Comments »Greek Banks Get a Capital Injection of $23 Billion
The Hellenic Stability Fund has turned over $23 billion to Greek banks to position them to stay in the Euro and hopefully get help from the EU shortly.
Comments »Risk On Trades Show Up in the Aussie and Kiwi Dollar
Hopes of a pro bailout party winning in Greece have arisen after the took a high ranking in a recent poll in Greece. That has led to a risk on trade in is the east and sets up trade for tomorrow.
Comments »U.S. Futures Remain Positive by 0.51% on Pro Bailout Democratic Greek Party
A pro bailout party in Greece hit the top of the polls today helping U.S. futures to stay in the green.
Comments »Greek Stocks Close Higher by Almost 7%
European Markets Reverse Off 1%+ Gains to Close Near the Lows
9 Weird Home Remedies
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Didgeridoo for Sleep Apnea
Biting on a Pencil for Headache Relief
Listerine for Blisters
Lemon Balm Tea for Cold Sores
Duct Tape for Warts
Ginger for Motion Sickness
Papaya for Smoother Skin
Banana Bonanza
Mustard for Minor Burns
Ex-Apple engineers building Facebook phone
Comments »Interesting how the very week Google became a hardware makerwith the closing of its acquisition of Motorola Mobility, there’s talk of another Internet giant doing the same.
The New York Time’s Nick Bilton reports today, citing unnamed sources, that Facebook is hoping to release its own smartphone by next year.
