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Terex Stock Hammered Pre-Market on Fears of Technical Default





Terex, the maker of heavy duty off-road and mining trucks, announced earnings last night of $0.62 which actually bear street consensus of $0.54, however this morning the stock is down about 30% premarket on this ominous disclosure in the 8K filed:

 
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Russia About to Default On Sovereign Debt Again





Developing Story:

 
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Russia About to Default On Sovereign Debt Again





Developing Story:

 
Tyler Durden's picture

Russia About to Default On Sovereign Debt Again





Developing Story:

 
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Overview Of Implied Default Rates and Probabilities





It is always entertaining to listen to Mark "Hogan's Bottom" Haines speculate about implied defaults, recoveries and what not... So we decided to dispel some ambiguity and speculation by presenting a brief overview of what the implied bankruptcy rate is, at least mathematically.

 
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Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
Tyler Durden's picture

Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
Tyler Durden's picture

Death Watch: Greece, and What Its Default Could Mean





The biggest threat to the U.S. Obama rally and the miracle recovery proposed by Democrats in the $825 billion bail out package may possibly reside about 6,000 miles away in Greece.

 
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