FLASH: Italian 10 Yr Yields Rise

+2% to 5.7%, clearly in the danger zone.

Not really, but pretty cool.

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Italy 10 yr is at 5.58% and Spanish 10 yr is at 5.35%.

Cut to A, outlook negative.

“The negative outlook reflects Standard & Poor’s view of risks to the Italian government’s fiscal targets over 2011-2014.”

Siemens pulled €500 million and transferred it to the ECB.

$2.25 per half gallon. Someone put the Maybach back in the garage.

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According to sources, Papandreou hopes that the outcome of such a vote would constitute a fresh mandate for his Socialist government to continue with an austerity drive backed by Greece’s international lenders — the European Commission, the European Central Bank and the International Monetary Fund.

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No. Ticker % Change
1 TVIX 11.96
2 EDZ 11.20
3 DPK 9.87
4 FAZ 8.75
5 ERY 8.48
6 EPV 8.25
7 VZZB 8.25
8 YANG 8.09
9 LHB 7.73
10 FXP 7.64
11 TMF 7.56
12 EEV 7.56
13 BZQ 7.36
14 MWN 7.17
15 EFU 7.11
16 SRTY 6.76
17 TZA 6.74
18 DTO 6.70
19 ZSL 6.61
20 SCO 6.43
21 DRV 6.08
22 VIXY 6.00
23 SMN 5.94
24 VIIX 5.91
25 SKF 5.89

He was +22% in August alone. The triple inverse of John Paulson.

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Now +5.25 to $405.75.

Pay your fair share.

Eat your peas.

Millionaires and billionaires don’t make jobs, I do.

Republicans are stupid because they don’t like my plan.

Deposits soared over the past three months by $429 billion to a record $10 trillion, despite zero interest rates.

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FTSE -47
CAC -48
DAX -53

More eurozone drama, just in time for emmys night.

S&P futs open down 16.

FUCKING RIDICULOUS.

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Related: Video of tragic accident

Full Video (fast forward to 39:00)

Price rumored to be $110-125

Research In Motion on conf. call said early results are strong for the BlackBerry 7 launch. Co said in North America, Blackberry 7 smart phones have an excellent reputation and, in the last few weeks, have driven a meaningful increase in sell-through in the last few weeks of the quarter and so far in Sept. Outside of North America, BlackBerry 7 sell-through rose almost 50% in the first two weeks of its Q3, largely due to its Bold 9000. The co’s BlackBerry 7 devices just began to rollout in Latin America with one MAC carrier. Co expects BlackBerry unit growth to help contribute to improved Q3 and Q4 earnings. Co has a number of upcoming programs in place to drive sell-through in PlayBook. Overall, BlackBerry 7 launches are going very well.

Shares of YHOO spiked due to rumors that private equity firms were sniffing around the shitty internet giant.

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