AFFY, DNDN, EA, FN, FOSL, RAIL, LOPE, MAKO, RAX, VVUS, WYNN
Comments »Monthly Archives: May 2012
FLASH: U.S. Futures Double Down on Losses Suddenly
No news as to why. Europe seems to be recovering on bailout news and that one of Spain’s worst banks would be nationalized…developing
Comments »Upgrades and Downgrades This Morning
ACM, ALNY, BIIB, BP, COF, SNP, CTSH, EA, EPB, ERJ, F, LPX, MFC, MM, RAX, SYNC, VRTX, WYNN
Comments »In Play and On the Wires
Dividend Stocks Get Sold as Taxes are Expected to Rise
Small Business Optimism Rises According to the NFIB
“WASHINGTON (Reuters) – An index of confidence at small U.S. businesses rose in April to its highest in over a year as companies stepped up plans for hiring and investing, a survey released on Tuesday showed.
The National Federation of Independent Business said its Small Business Optimism Index rose 2 percentage points to 94.5, its highest since February 2011.”
Comments »Law Makers to Squabble Over Student Loan Debt
All moves made in government will be for the benefit of upcoming elections as opposed to what should be done.
Comments »Saudi Arabia’s Oil Minister Says Oil Prices are Still to High; Oil Drops
Italian Banks Borrow a Record $352 Billion in April
German Industrial Output Rises Three Times Faster Than Estimates
“German industrial output rose more than three times as much as economists forecast in March, adding to signs Europe’s largest economy may have avoided recession.
Production jumped 2.8 percent from February, when it dropped 0.3 percent, the Economy Ministry in Berlin said today. February output was revised up from a 1.3 percent decline. Economists forecast a March gain of 0.8 percent, the median of 38 estimates in a Bloomberg News survey shows. In the year, production advanced 1.6 percent when adjusted for working days.”
Comments »Imports Crush Export Growth in Australia; Widest Margin in 5 Years
“Australia’s trade deficit widened in March to the biggest in almost 2 1/2 years as a 5 percent rise in imports outpaced export growth in an economy driven by the mining industry.
Imports outpaced exports by A$1.587 billion ($1.6 billion), from a revised A$754 million deficit in February, the Bureau of Statistics said in a report in Sydney today. The gap was the widest since a A$1.595 billion shortfall in October 2009 and exceeded the A$1.3 billion median estimate in a Bloomberg News survey of 20 economists.”
Comments »HSBC Posts a 26% Increase in Profits
The New Grecian Formula Resembles the Old; Euro Falls
Greek politicians made scrambled eggs of their new government. Amid the confusion European markets and the Euro are falling.
Comments »Asia Bounces, Europe Falls, and U.S. Futures are Weak
RICK-ROLLED! Rick Santorum Endorses Mitt Romney for President
BREAKING: THE JOHN TRAVOLTA ‘REVERSE MASSAGE’ SEX SUIT–FULL EXPOSURE
{VIDEO} GARY VAYNERCHUK: HERE IS WHY WAL-MART & TARGET ARE DEAD $TGT $WMT
Hat Tip: @getshawn on Twitter for the link:
Comments »CHINA IS THE DEVIL: SOUTH KOREA CRACKS DOWN ON ‘STAMINA PILLS’ MADE FROM FLESH OF HUMAN BABIES–SMUGGLED IN FROM CHINA
South Korea – South Korea has seized thousands of smuggled drug capsules filled with powdered flesh from dead babies, which some people believe can cure disease, officials said Monday.
The capsules were made in northeastern China from babies whose bodies were chopped into small pieces and dried on stoves before being turned into powder, the Korea Customs Service said.
Customs officials refused to say where the dead babies came from or who made the capsules, citing possible diplomatic friction with Beijing. Chinese officials ordered an investigation into the production of drugs made from dead fetuses or newborns last year.
The customs office has discovered 35 smuggling attempts since August of about 17,450 capsules disguised as stamina boosters, and some people believe them to be a panacea for disease, the customs service said in a statement. The capsules of human flesh, however, contained bacteria and other harmful ingredients.
Comments »Want to Hear an Incredibly Bullish Conference Call for a $2 Stock? $JMBA
Why Can’t Obama Bring Wall Street to Justice?
Despite his populist posturing, the president has failed to pin a single top finance exec on criminal charges since the economic collapse. Are the banks too big to jail—or is Washington’s revolving door at to blame? Peter J. Boyer and Peter Schweizer investigate:
Read the article here.
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