This page has been archived and commenting is disabled.
Daily Highlights: 9.2.09
- Asian stocks fall as Seven & I, Sekisui House lower earnings forecasts.
- Australia’s GDP unexpectedly accelerated in Q2 by 0.6% on consumer spending.
- China will increase gasoline and diesel prices by $43.92 a metric ton.
- China’s high price for emission cuts; $438bn a year estimate by 2030.
- Business group says China raising curbs on foreign companies amid global crisis.
- Euro largely steady at $1.4211 in European morning trading.
- German officials bid farewell to scrap-a-wreck program.
- Japanese stocks tumble in wake of Dow's drop; strong yen hurts exporters like Nissan.
- Retail sales fell in August as back-to-school sales hit a sour note.
- US govt hands out $502M in grants for wind, solar-power projects.
- Yen rises to 6-week high against Euro after US financial shares drop.
- AK Steel announces price increases for carbon steel products by $40 per ton.
- American Air plans to cut 921 flight-attendant jobs amid a slump in air traffic.
- America's Car-Mart Q1 net up 33% on 11% rise in sales, lower charge-offs.
- BP announces `giant' oil discovery in Gulf of Mexico.
- Deutsche Bank to close the $426M PowerShares DB Crude Oil Double Long ETN.
- Donaldson Q4 profit drops 52%, issues FY view below cons estimates.
- EBay will sell Skype stake to Silver Lake-led group for about $2B.
- EMC Corp. to acquire pvt held Kazeon Systems, which develops identification software.
- Morgan Stanley plans to contribute its Van Kampen mutual-fund business into a JV.
- News Corp. is in talks with Prince Alwaleed bin Talal to take a stake in Rotana Media.
- OAO Rosneft's Q2 net drops 63% to $1.61B as global oil prices slumped.
- RHJ offers €25M more for GM’s Opel, reduces loan guarantee request.
- San Miguel's Q2 net rose sixfold to $1.08B on sale of real estate, beer assets.
- Sony's is using Google's Web browser in its Vaio PCs.
- Take-Two Interactive swung to Q3 loss of $55.5M as revs dipped 68% to $138.6M.
- Verifone Hldgs swung to Q3 loss of $21.9M; revs fall 18.3% to $211.2M.
- Wells Fargo & Co to return $25B to US govt without stock sale.
- Wynn Resorts reportedly plans $1B Hong Kong IPO for Sept. 25.
Economic Calendar: Data on ADP Employment Change, Factory Orders, Crude Inventories.
Earnings Calendar: ABM, BRLI, CWST, GEF, HOV, OXM, PSS, SAI, ZLC.
Recent Egan-Jones Ratings Actions
INTERNATIONAL LEASE FINANCE CORP (ILFC)
PLAINS ALL AMERICAN PIPELINE LP (PAA)
APACHE CORP (APA)
AMERICAN FINANCIAL GROUP INC/OH (AFG)
UNITED PARCEL SERVICE INC (UPS)
KIMBERLY-CLARK CORP (KMB)
CON-WAY INC (CNW)
MASCO CORP (MAS)
YRC WORLDWIDE INC (YRCW)
ROCK-TENN CO (RKT)
RAYONIER INC (RYN)
MEADWESTVACO CORP (MWV)
BELO CORP (BLC)
Data provided by Egan-Jones Ratings and Analytics
»
- 2682 reads
- Printer-friendly version
- Send to friend
- advertisements -
Niall Ferguson: A serious Fiscal crisis (as a direct consequence of the actions that allowed us to narrowly avert GD 2.0) is the next threat that faces the economy.
The market is going to pretend to be conflicted.
Don't look at gold prices. It'll confuse you.
All this great gobbling up under the geise of capacity reduction. Will be repeated next year with different suckers.
Oh heavens to betsy....
Did TD miss the BIG story?
hmmm....
Well? What it be?
I'm not droppin anyones panties for them but word on the grapevine is that someone is liquidating some hefty positions...
you know sir... you too can be TD for us. .. . . . .
I suspect that it may be Berkshire given the bad chatter regarding WFC.
gold is going back to its flight to safety role...
can someone shed light on why manufacturing wages per hour have gone up yoy in today's productivity report
http://www.reuters.com/article/newsOne/idUSTRE5810O320090902
uNBELIEVABLE BUT TRUE.
Anyone have any additional input on "Deutsche Bank to close the $426M PowerShares DB Crude Oil Double Long ETN"?