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Daily Highlights: 5.6.09

Tyler Durden's picture




 
  • Crude oil little changed after falling to six-week low on stronger dollar
  • Nigerian President Umaru Yar'Adua Dies, Aged 58
  • Oil spill threatens price for jumbo crab cakes at top-ranked U.S. eateries
  • U.S. retailers may report smallest monthly sales increase since November after shutting it because of a leakage on May 2.
  • Alcatel-Lucent shares plunge after quarter's loss is double estimates
  • BNP Paribas 1Q net rises 47% on fortis assets and lower provision
  • BP plans to lower containment dome on to seabed of gulf of Mexico
  • Commerzbank's March net income rose from a $861M loss last year to a $708M gain this year.
  • Diageo Plc reported 3Q sales on growth in emerging markets
  • Dubai World to stop paying interest on outstanding loans as of May 1
  • GM names Ewanick marketing head to replace Docherty after two-month tenure
  • Goldman gets a 250-fold return as Hepalink shares surge in debut in China
  • Hermes sales rise 19% on leather-goods demand in Asia
  • Morrison sales growth slows as price inflation eases
  • Nike CEO Parker Plans to Explore Acquisitions, Boost Revenue 41% by 2015
  • Nintendo forecasts annual profit will drop to lowest level in four years
  • Nokia shareholders lose patience in third year without response to IPhone
  • Prudential delays start of $21B rights offer amid talks on capital
  • Sara Lee's EPS rose from 22 cents last year to 29 cents this year.
  • Titanium Metals' net income stable at $27M.
  • Washington Post Co. puts Newsweek magazine up for sale
  • Zurich profit increases 76% on sales of life insurance

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Thu, 05/06/2010 - 08:32 | 334167 hedgeless_horseman
hedgeless_horseman's picture

Nothing about Asian markets, especially chi.com, getting crushed last night?

CSI 300 INDEX                                         2,896.86        -139.54               -4.60%         03:01

SHANGHAI SE A SHARE INDX                     2,872.48        -123.23               -4.11%         03:15

SHANGHAI SE B SHARE INDX                     230.43           -8.37                  -3.51%         03:15

SHENZHEN SE A SHARE INDX                     1,142.23        -43.28                -3.65%         03:00

SHENZHEN SE B SHARE INDX                     579.24           -20.08                -3.35%         03:00

SHANGHAI SE COMPOSITE                         2,739.70        -117.45               -4.11%         03:15

SHENZHEN SE COMPOSITE IX                     1,088.31        -41.18                -3.65%         03:00

SHANGHAI SE 180 A SHR IX                       6,283.58        -306.68               -4.65%         03:15

SHANGHAI SE 50 A-SHR IDX                      2,007.01        -103.03               -4.88%         03:15

SHENZHEN G-SHARES                               4,829.05        -190.17               -3.79%         03:00

SHANGHAI G-SHARES                               2,319.84        -99.76                -4.12%         03:15

SSE COMPONENT STOCK IX                        10,422.56       -581.17               -5.28%         03:00

 

 

Thu, 05/06/2010 - 08:26 | 334170 JacksCompleteLa...
JacksCompleteLackOfSuprise's picture

same store sales are loosing against easy comps ... looks like the green shoots were just mold growing on the zombie banks.

 

I said it before, and I will say it now ... this is the 'Weekend at Bernies' recovery, pure psy-ops and looking to be a total fail.

 

Turns out sheeple arent as stupid as the garchy think?

Thu, 05/06/2010 - 08:28 | 334175 Bodhi
Bodhi's picture

The tax returns are gone and it's tougher to max out that last Visa at %29.99

 

Thu, 05/06/2010 - 09:11 | 334248 Sisyphus
Sisyphus's picture

 

This is how AP is reporting today.

<AP>

Retailers report more modest April shopping

Americans eased back in April from their March shopping spree, partly because Easter came earlier. But the spring selling season is ending up respectable, an encouraging sign for the economy.

</AP>

 

This is how AP will report in the future

<AP>

Retailers report more modest April shopping

Americans eased back in April from their March shopping spree, partly because of premature ejaculation. But the spring selling season is ending up respectable, an encouraging sign for the economy.

</AP>

 


Thu, 05/06/2010 - 09:24 | 334276 Mitchman
Mitchman's picture

LMAO!

Thu, 05/06/2010 - 08:28 | 334174 Sudden Debt
Sudden Debt's picture

OH MY GOD!

  • GM names Ewanick marketing head to replace Docherty after two-month tenure
  •  

    What's all the rest about actually? 

    Thu, 05/06/2010 - 08:29 | 334177 What_Me_Worry
    What_Me_Worry's picture

    Dubai World to stop paying interest on outstanding loans as of May 1

    Wait, what?  They are defaulting for real, this time?

    Maybe this is old news.  I rarely change the channel from the 24-hour Euro Meltdown Countdown lately.

    Thu, 05/06/2010 - 08:30 | 334179 JacksCompleteLa...
    JacksCompleteLackOfSuprise's picture

    news to me.

    Thu, 05/06/2010 - 09:26 | 334280 duo
    duo's picture

    I thought crab came from up North (Bering Sea).  Did they have an oil spill there?

     

    Price gouging.  Salmon is not affected, nor is Chilean Sea Bass.  If prices for those go up, you know there is profiteering going on.

    Thu, 05/06/2010 - 09:36 | 334301 jkruffin
    jkruffin's picture

    Ooooh,  they just said the oil leak is now reaching the major shipping lanes in the Gulf.  It's going to get ugly folks.

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