- Asian stocks rise as China industrial output, US jobs boost confidence.
- Bank of Korea raises 2010 GDP growth forecast to 4.6% - fastest pace in three yrs.
- Chain-stores are holding bigger markdowns in reserve trying to gauge how long shoppers will wait for better deals to emerge.
- China industrial output rises 19.2% - more than estimated as recovery strengthens.
- China new loans top economists' forecasts, money supply rises by record.
- EU leaders say stimulus should stay in place until the “recovery is fully secured.”
- India’s industrial production increased 10.3% in October from a year earlier.
- Iron Ore imports by China rise 12% in November as steel mills expand output.
- Obama administration plans to channel money from the government financial bailout fund to small businesses—report.
- Oil rises toward $71 a barrel on China demand, ample US supplies weigh.
- Tankan survey may show Japanese recovery is 'slipping into a standstill'.
- U.S. taxpayers may collect $1.1B to $1.3B for BofA warrants demanded by the Treasury Department in exchange for bailout money.
- Aiful Corp. said to plan Goldman loan repayment in push to salvage debt talks.
- Boeing plans to fly its new 787 Dreamliner for the first time as early as next Tuesday.
- Citadel Broadcasting Corp. is preparing to file for bankruptcy by the end of the year.
- Costco posted flat Q1 profit of $266M despite a 7.9% rise in revs to $17.3B.
- CVS chosen for $1B pharmacy benefits contract by Texas Pension Fund.
- GE won a $1.4B contract to supply turbines and services for an Oregon wind farm.
- Goldman said its top 30 executives will receive no cash bonuses for 2009.
- Hanesbrands reaffirms 2010 revs growth of 5% ($200M) from net shelf-space gains.
- ING Groep to repay Dutch govt $8.3B of state aid including a premium and interest.
- Kia Motors's US unit to raise $300M from the first kimchi bond sale in more than 2 years.
- Lehman Brothers to announce sale of two real estate private-equity funds to PCCP.
- Owens & Minor issues in-line view; sees FY10 EPS at $2.90-3.05 on a4-6% rev growth.
- Panasonic Corp. to buy 50.19% stake in Sanyo Electric Co. for about $4.6B.
- Sinopec expects its overseas crude oil output to rise this year after acquiring Addax.
- United Tech sees FY10 EPS of $4.40-4.65 (cons $4.53); revs of $54-55B (cons $53.3B).
Economic Calendar: Data on Export-Import Prices, Retail Sales to be released today.
Recent Egan-Jones Rating Actions
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Data provided by Egan-Jones Ratings and Analytics