• EconMatters
    04/27/2015 - 14:18
    If the DOJ and CFTC is going to be consistent, then they have to indict the entire financial community from the CME, Exchanges, Brokers, Institutions, Investment Banks, Hedge Funds, Management Funds...

Twitter

Tyler Durden's picture

Twitter Confirms Leak: Results Are A Disaster, Company Cuts Outlook





Well, the leak (which ironically came out on Twitter only, and not Facebook) was right, and the full story is even worse than Selerity reported:TWITTER 1Q LOSS PER SHARE 25C; TWITTER INC 1Q ADJ. EPS 7C , EST. 4C.
That much we knew. Here is where it gets worse:

  • TWITTER 1Q REV. $ 435.9M, EST. $456.2M
  • TWITTER SEES 2Q REV. $470M TO $485M, EST. $538.1M
  • TWTR SEES YR REV $2.170B-$2.270B, SAW $2.3B-$2.35B, EST $2.37B

And now perhaps someone will ask how much of Facebook's 1.4 billion "users" are actually real.

 
Tyler Durden's picture

Twitter Results Leaked? Revenue, Mobile Users Miss





It had been a relatively good quarter so far when it comes to leaked earnings... until moments ago when website scouring service Selerity managed to sniff out Twitter results, and they are not pretty.

 
Tyler Durden's picture

The Baltimore Riots: The Stunning Comments By Orioles Owner's Son





"...my greater source of personal concern, outrage... is focused upon an American political elite that have shipped middle class and working class jobs away from Baltimore and cities and towns around the US... plunged tens of millions of good hard-working Americans into economic devastation... in order to control an unfairly impoverished population living under an ever-declining standard of living and suffering at the butt end of an ever-more militarized and aggressive surveillance state."

 
Tyler Durden's picture

Iran Forces Open Fire On, Seize "Trespassing"US Cargo Ship With 34 People On Board, Arabiya Reports





Update 2: Curiously, while we were confident Iran would deny the report first, it was in fact the US: US NAVY DENIES CONFRONTATION WITH IRANIAN MILITARY: CNBC

Update: WHITE HOUSE REFERS COMMENT ON IRAN SHIP CAPTURE TO DEFENSE DEPT

Moments ago according to Saudi-owned Arabiya news, Iranian forces have seized a US cargo ship, which has some 34 American sailors, which they have taken to the port of Bandar Abbas. Iran's Farsnews confirms the Arabiya report, stating that "a US cargo ship with 34 crew was stopped and seized by Iranian Navy warships on Tuesday. The Iranian Navy has confiscated the American trade vessel with all its 34 crew for trespassing on Iran's territorial waters in the Persian Gulf."

 
EconMatters's picture

2010 Flash Crash Arrest Motivated By Greed





If the DOJ and CFTC is going to be consistent, then they have to indict the entire financial community from the CME, Exchanges, Brokers, Institutions, Investment Banks, Hedge Funds, Management Funds and High Frequency Trading Firms.

 
Tyler Durden's picture

Baltimore PD Warns: Gangs Are 'Teaming-Up' To "Take Out Cops" After Freddie Gray Funeral





Following violent protests over the weekend, Freddie Gray's funeral today has reignited tensions with Baltimore Police issuing a "credible threat" from gangs seeking to team up (the Black Guerilla Family, the Bloods and the Crips,) to "take-out" law enforcement officers.

 
Tyler Durden's picture

Frontrunning: April 27





  • Nepal earthquake toll crosses 3700 (Reuters)
  • Greeks Add Pressure on Tsipras to Compromise as Talks Resume (BBG)
  • With No Deal on Greek Bailout Aid in Sight, Some in Europe Suggest ‘Plan B’ (WSJ)
  • BOJ Shouldn’t Ease Further; Yen Fell Enough: Business Lobby Head (BBG)
  • Clinton Foundation admits making mistakes on taxes (Reuters)
  • Here’s the Old Nemesis Starting to Spook Bond Traders Again (BBG)
  • Deutsche Bank to Trim Investment Banking (WSJ)
  • China’s Stocks Rise to Seven-Year High on SOE Merger Speculation (BBG)
 
Tyler Durden's picture

China Considers Launching QE; Shanghai Stocks Soar





Nearly two months ago we explained "How Beijing Is Responding To A Soaring Dollar, And Why QE In China Is Now Inevitable" in which we said that "once China, that final quasi-Western nation, proceeds to engage in outright monetization of its debt, then and only then will the terminal phase of the global currency wars start." We may not have long to wait because just hours ago, MarketNews first among the wire services hinted at what we suggested was the endgame: PBOC DISCUSSING DIRECT PURCHASES OF LOCAL GOVT BONDS: MNI

 
Tyler Durden's picture

Russia Deploys Tactical Drones In The Arctic, Exposes Rarely-Seen US Spy Satellite Images





While the USA is busy killing US civilians and terrorists with its drone program, Russia is set to deploy its own Orlan-10 drones in the oil- and gas-rich Arctic region (reportedly to monitor the climate situation). As SputnikNews reports, Colonel Aleksandr Gordeev stated "the drones' task is to maintain impartial control of the situation in the Russian sector of the Arctic." So, passive-agressive? However, Russia also chose this week to release rarely-seen images of a US intelligence satellite which as one analyst notes is provocative (but obscure in its intent other than the growing recognition of US space-based surveillance assets).

 
Secular Investor's picture

Negative Interest Rates: The Black Hole of The Financial System





It feels like not a single soul is worried about the increasing amount of negative interest rates around the world. Ignorance or indifference?

 
Tyler Durden's picture

Hundreds Dead After Devastating Nepal Earthquake Topples Structures, Starts Avalanches





A little over four years after the devastating Japanese earthquake led to a tsunami that triggered the biggest nuclear disaster since Chernobyl, overnight Asia was once again the epicenter of a massive, 7.9 magnitude earthquake, this time not on the Pacific Rim but deep in the Himalayan mountain range, striking the small country of Nepal and sending tremors deep in Northern India, resulting in at least 449 deaths, countless injured, toppling a 19th-century tower in the capital Kathmandu and triggering avalanches on Mount Everest.

 
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