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Daily Highlights: 4.16.10
- Asian stock markets were lower Friday with Japanese tech stocks weighed by the strong yen.
- China has raised down-payment requirements for certain home buyers.
- China sold U.S. Treasurys for the fourth consecutive in February; holdings down $11.5B.
- Emerging bond inflows of $10.4B surpass 2005.
- EU Finance Chiefs meet as Greece moves on bailout.
- Fed's Yellen says she's growing more confident economy is on 'right track'.
- Ireland asks church to pay half 1.4B Euro abuse bill.
- Oil drops below $85 in Asia as stock markets slide, led by Japan, China.
- US Manufacturing output rose 0.9% in March as factories continued to lead recovery.
- Yuan forwards fall as BRIC talks steer clear of currency policy.
- Advanced Micro CEO: Demand for chips still outpacing supply.
- AMD swings to profit, posts gain of $257M as revs rose 34% to $1.57B.
- Bain predicts sales of luxury goods will rise 4% globally in 2010, to €158B.
- Boston Scientific cleared by FDA to resume U.S. heart defibrillator sales.
- Carrefour's sales rose 5.5% in Q1 to €23.96B, lifted by an improvement in France.
- Charles Schwab's earnings declined 45% amid a 19% drop in trading revenue.
- Citic Securities halts trading on 'important' talks.
- Commerce Bancshares' Q1 net up 43%, helped by 5.6% rise in revs, smaller loan-loss prov.
- GE faces SEC review after Paulson's account of talks.
- Google's Q1 earnings jumped 37% to $1.96B as revenue rose 23%.
- Intuitive Surgical's Q1 net surges to $85.3M from year-ago's $28.1M. Revs at $328.6M.
- Lions Gate Entertainment will review Mr. Icahn's revised offer of $7/sh.
- Macarthur Coal to start talks with Peabody after major shareholders said its $3.8B offer is worth considering.
- Mobile phone maker Sony Ericsson posts a $29M profit in Q1, helped by product launches, cost savings.
- QBE Insurance to acquire NAU Country, US provider of crop insurance, for $565M.
- Swire Pacific Ltd. plans $3B property spin-off via Hong Kong IPO.
- Toyota is conducting safety tests on all of its SUVs.
- UAL seeks to combine with US Airways, but retain lucrative partnership with Continental.
- Valmont Industries Q1 profit down 54% to $16.5M on 19% dip in revs, higher costs.
Economic Calendar: Data on Building Permits, Housing Starts, Mich Sentiment to be released today.
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Fed's Yellen says she's growing more confident economy is on 'right track'.
OK Ms. Yellin - let's test that theory. Why don't we cancel the rest of the unspent spendulus money and the $18B (that we, of course, don't have) extension to Funemployment Lord Barry just signed and see what happens with the "right track" of the economy.
There are many online stores carry a large selection of dresses like short cocktail dresses, wedding guest dresses, and so on and so forth. if you are looking for a dress right now, maybe you can also try online purchase.