This page has been archived and commenting is disabled.

Frontrunning: August 22

Tyler Durden's picture




 
  • Majority of Swiss Polled Back SNB Currency Operations (Bloomberg)
  • Merkel, Van Rompuy Caution Against Euro Bonds (Bloomberg)
  • Italy’s Debt May Swell as Austerity Chokes Growth (Bloomberg)
  • Jackson Hole Build Up (FT)
  • China Previews Rising Leadership (WSJ)
  • Gaddafi Regime Collapsing (FT)
  • Prosecutor to drop Strauss-Kahn case: report (Reuters)
  • Inflation a danger for safe havens (FT)
  • Syria Revolt Fueled by Roof Fires and Tweets (WSJ)
  • Smithers Sees ‘Significant’ S&P 500 Rally (Bloomberg)
  • Layoffs sweep Wall Street, along with low morale (Reuters)
  • Japan July Supermarket Sales Post 2nd Y/Y Rise on Heat Waves (Market News)
  • Balanced Budget Acts as Dumb in Europe as in U.S. (Bloomberg)

Global highlights courtesy of Egan-Jones:

  • Brent oil falls near $105 as Libyan rebels overrun most of Tripoli, threaten to topple Gadhafi.
  • German economy still on course for 3% growth rate in 2011.
  • Osram files new complaints in lighting patent battles with South Korean companies.
  • South Africa speaks of compromise and incremental progress ahead of
    climate change talks.
  • Symbol of inter-Korean cooperation faces demise as North vows to scrap
    Seoul resort assets.
  • Thailand's economy shrank in 2Q to 0.2% as auto production falls in aftermath
    of Japan tsunami.
  • World stock markets mixed amid fears US economy is slipping back into recession.
  • Yen, Franc weaken amid speculation Japan, Switzerland ready to intervene.
  • Amlin swings into loss of $250M in 1H on 'unprecedented' catastrophe losses.
  • Bain Capital LLC agreed to buy MYOB Pty. Ltd., deal worth about $1.2B.
  • BlueScope Steel sheds 1,000 jobs to turn around $1.1B annual loss.
  • China Construction Bank 1H profit up 31% to $14.5B on higher fee, interest income.
  • China Windpower reports 1H net income of HK$237M.
  • Gazit-Globe Ltd Q2 profit grew to $70M, rental income higher.
  • GTC posts loss in Q2 of 36.5M Euros on revaluation of assets due to slowdown in
    the region.
  • Hollywood's Legendary, China's Huayi Bros raise $220.5M for co-production venture. n    Jyske Bank profit falls below consensus hurt by adjustments to its investments and
    nearly flat income.
  • Kenya's Standard Group 1H profits rise 6.5% to $2.48M due to sharply weakened
    local currency and high oil prices.
  • Maybank Q4 profit up 27% helped by robust regional loans growth but sees
    pressure on margins.
  • Micro Focus International Plc ends takeover talks with private-equity firms, resumes
    buyback.
  • Renesola adopts Rights Plan to defend shareholders if bid made. n    Verizon strikers return to work.
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 08/22/2011 - 08:27 | 1585415 Careless Whisper
Careless Whisper's picture

The Morning Careless Whisper Report

YouTube Ranter "drinkingwithbob": There's Only One Candidate Who Cares About You

http://www.youtube.com/watch?v=JLdZxDjFsYI

1/3 Of Florida-Based Banks Under FDIC Severe Enforcement Actions

http://www.miamiherald.com/2011/08/21/2369351/south-florida-banks-under-...

Livin' Large: Romney To Tear Down $12 Mill Mansion To Build Bigger One

http://www.signonsandiego.com/news/2011/aug/20/romney-home-in-la-jolla-t...

NYC Home Sales Down 40%

http://therealdeal.com/newyork/articles/new-york-city-home-sales-40-perc...

Scientists: Ecstacy (MDMA) Makes Cancer Cells Disappear

http://www.ibtimes.com/articles/201131/20110820/ecstasy-drug-cure-cancer...

Bank Of "We Will Help You" America Forecloses On Granny For Making Mortgage Payment One Month Early And "Not In Month It Was Due"

http://www.dailymail.co.uk/news/article-2028281/Woman-70-faces-losing-ho...

Law And Order On DVD - Box Set To Contain 104 Discs

http://www.observer.com/2011/08/law-order-now-on-dvd-all-of-law-order/

Rick Perry: Abstinence Works In My Life

http://www.youtube.com/watch?v=ngiJhmoFKkw

Betty White On Happiness

http://www.youtube.com/watch?v=xoDsUZCGZfs

 

Mon, 08/22/2011 - 08:45 | 1585434 the not so migh...
the not so mighty maximiza's picture

Time too whip out the glow sticks and take some E

Mon, 08/22/2011 - 09:41 | 1585632 tip e. canoe
tip e. canoe's picture

"tripping on e does sound a lot better than chemo." 

Mon, 08/22/2011 - 09:47 | 1585650 tip e. canoe
tip e. canoe's picture

bDoA : 'While this may not be the response you were hoping for, I trust I have addressed your concerns.'

Mrs Bullington said: 'I just don't understand why they're doing this. It looks like they're out to get us.'

indeed they are, dear Mrs. Burlington, indeed they are.

Mon, 08/22/2011 - 08:32 | 1585426 Sudden Debt
Sudden Debt's picture

Merkel, Van Rompuy Caution Against Euro Bonds

To funny! :)

First they promote it and than they bash it :)

He who doesn't understand it will never be politician material!

 

Mon, 08/22/2011 - 08:36 | 1585441 Sudden Debt
Sudden Debt's picture

Frontrunning August 22 PART DEUX!

Attack on PM's starts 1 hour before the opening bell and continue untill friday!

Mon, 08/22/2011 - 08:47 | 1585478 lolmao500
Mon, 08/22/2011 - 08:51 | 1585495 Sudden Debt
Sudden Debt's picture

Maybe if everybody went to M. vineyard on vacation at taxpayers expense, everybody would also be as optimistic?

 

Mon, 08/22/2011 - 08:59 | 1585522 somethingelse
somethingelse's picture

gold and silver smack down commencing...oh it it must be monday morning on Wall Street

Mon, 08/22/2011 - 09:19 | 1585567 lolmao500
lolmao500's picture

Jack Layton is dead... RIP

Do NOT follow this link or you will be banned from the site!