Katrina survivors speak to New York, see blog
Comments »Monthly Archives: November 2012
Picture from Staten Island: 3 Days No Help
Comments »As cleanup on Staten Island’s waterfront continued painfully slowly Friday, some residents expressed their frustration with the city’s relief effort- or the lack of it – by using their storm-ravaged homes as billboards to express their discontent
‘IF POLICE WEREN’T HERE SOMEBODY WOULD BE DEAD
Comments »“If the police wasn’t here somebody would be dead,” she said, noting the desperation of people in the aftermath of Sandy. “People would be shooting.”
Michael Wasilewski, 48, of the Bronx, also drove around for two hours before coming across the Harlem gas station.
“I’ve been driving around for hours,” he said as he got $75 worth of gas just after midnight on Friday. He filled up his car, and also picked up some extra gas for his wife’s car.
“I’ve never been so happy in my life,” he said. “It’s the little things that you take for granted. My wife is a nurse, and I gotta take her to work in the morning.”
Livery cab driver Rich Loza, 33, was in line at W. 130th St. and Adam Clayton Powell Jr. Blvd., but he decided he would take his chances elsewhere.
“It’s horrible,” the Bronx native said. “The city should have been ready for this.”
CNN puts death toll from Sandy at 106
News and video here, from CNN
Comments »Twitter to launch Instagram like feature
Comments »In the coming months, Twitter plans to update its mobile applications to introduce filters for photos that will allow people to share altered images on Twitter and bypass Instagram, the popular mobilecentric photo-sharing network, according to people who work at the company but asked not to be named as they are not allowed to discuss unannounced projects.
Documentary: Commanding Heights
Was out all day doing stuff. Sorry for no updates. I see the markets did not follow through after yesterday’s rally. NOT GOOD.
At any rate, cheers on your weekend.
Commanding Heights
[youtube://http://www.youtube.com/watch?v=yYKEA-ds8p0&feature=relmfu 450 300] [youtube://http://www.youtube.com/watch?v=jEReH2HDUWs&feature=relmfu 450 300] [youtube://http://www.youtube.com/watch?v=KubaKsWmiNY&feature=relmfu 450 300] Comments »Looters Brag of Exploits on Twitter
Breaking: Oil Settles Below $85
The Most Disturbing Headline On Drudge Report Thus Far
WNBC: Woman interviewed in high-rise city project says deteriorating conditions; People shitting in hallways…
Comments »The Fastest Growing Jobs for Your Future
Top 10 fastest growing job opportunities for those willing to change or for those college students racking up debt…
Comments »U.S. Equities Will Attempt Follow Through After Yesterday’s Monster Rally
S&P futures are up 7 bones following a better than expected employment report….
Comments »Upgrades and Downgrades This Morning
ACTV, BX, EAT, CHTR, CNO, DF, EGO, ELX, EPD, EXC, FSLR, GM, GES, MNKD, NBR, UBS, VRTX,
Comments »Gapping Up and Down This Morning
Gapping up
TRIP +19%, ROVI +15%, MX +11.3%, PCLN +9.4%, LNKD +8.6%,
JCOM +8.3%, BGFV +7.6%, SBUX +7.3%, QTM +5.9%, ZAGG +4.2%,
EQIX +3.8%, JOE +3%, YELP +1.7%, ARR +1.3%, MNKD +4.2%, GMCR +1.7%
Gapping down
ALSK -13.4%, GLUU -11%, MNST -8.9%, GMED -8.3%, ALU -8.1%,
PSEC -6.5%, MELI -6.4%, SWKS -6.1%, GES -5%, FSLR -5%, FLR -4.6%,
GMLP -4.5%, VRTX -4.3%, BEBE -3.9%, PBI -3.7%, SYX -3.6%, IPHI -3.6%,
OPEN -2.9%, CHK -2.6%, MTZ -2.6%, DB -1.7%, AIG -1.5%, CACC -1.5%,
LYB -2.5%, GES -5%, MNST -8.9%,
Comments »In Play and On the Wires
$CVX Reports a Drop in Net Income
“The second-largest U.S. oil company said its third-quarter net income fell to $5.25 billion, or $2.69 per share, from $7.83 billion, or $3.92 per share, in the year-ago quarter”
Comments »$LNKD Beats and Raises Guidance
“Following the earnings release, the company’s shares [LNKD 106.85 -0.08 (-0.07%) ] rose more than 7 percent in trading after the closing bell. (Click here to get the latest quotes for LinkedIn.)
LinkedIn said it posted net income of $2.3 million, or 2 cents a share, during the three months ended Sept. 30, compared with a net loss of $1.6 million, or 2 cents a share, in the year-ago period.
Excluding certain items, LinkedIn said it earned 22 cents a share in the third quarter, above the 11 cents expected by analysts polled by Thomson Reuters.
Revenue in the third quarter was $252 million, up 81 percent year-over-year and ahead of the average analyst expectation of $244.2 million.
LinkedIn said it now expects total revenue for 2012 to range between $939 million and $944 million, compared with its prior range of $915 million to $925 million.”
Comments »$SBUX Ups Guidance and Raises Dividend
“After the earnings announcement, the company’s shares [SBUX 46.6197 0.7197 (+1.57%) ] rose more than 6 percent in trading after the closing bell. (Click here to get the latest quotes for Starbucks.)
The world’s biggest coffee chain’s net income was $359 million, or 46 cents per share, for the fiscal fourth-quarter ended Sept. 30, slightly up from $358.5 million, or 47 cents per share a year earlier.
Excluding gains that included the sale of corporate real estate, the company posted fiscal fourth-quarter earnings of 46 cents per share, up from 37 cents a share in the year-earlier period.
Revenue increased 11 percent to $3.36 billion from $3.03 billion a year ago.
Analysts had expected the company to report earnings excluding items of 45 cents a share on $3.38 billion in revenue, according to a consensus estimate from Thomson Reuters.”
Comments »$AIG Beats the Street
“Higher prices in the insurer’s property-casualty division and gains on investments in its life and retirement division reportedly led to a sharp rise in operating income.
The insurance company’s shares [AIG 35.20 0.27 (+0.77%) ] dropped 2 percent following the news after the closing bell. (Click here to get real-time quotes for AIG.)
Earnings excluding items rose to $1.00 per share from a loss of $1.58 per share in the year-earlier period .
Third quarter net income came in at $1.9 billion, compared with a net loss of $4 billion in the same period last year.
Revenue eased 3.3 percent to $8.75 billion from $9.04 billion a year ago.”
Comments »Non Farm Payrolls: Prior 114k, Market Expects 125k, Actual 171k …Unemployment Rate at 7.9%, Futures Rise
Global Regulators Suggest The World’s Largest Banks Raise More Capital
“Citigroup [C 37.95 0.57 (+1.52%) ], Deutsche Bank [DB 46.59 0.88 (+1.93%) ], HSBC [HSBA-LN 621.60 -3.40 (-0.54%) ] and JPMorgan Chase [JPM 42.84 1.16 (+2.78%) ] will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses, global regulators said on Thursday.
The four global banks will be required to hold an extra 2.5 percent of common equity as a percentage of risk-weighted assets on top of a 7 percent minimum being phased in from January, according to the Financial Stability Board, a regulatory task force for the group of 20 top economies.”
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