Market Currents

• Thursday, December 31, 2009

• 10:10 AM AT&T (T) becomes the latest company to drop its sponsorship deal with Tiger Woods. ((DJ)) Comment!

• Wednesday, May 13, 2009

• 17:14 PM The measure to cap credit card rates at 15% fails in Senate (33/60). "Though it did not pass, the measure is a testament to a shift against the industry as the financial crisis has hurt household finances and stoked public anger over bank bailouts." ((DJ)) 1 Comment

• Monday, May 4, 2009

• 12:53 PM Ferro (FOE) is +30%, on no news. Longbow research notes Ferro, a producer of specialty materials and chemicals sold to manufacturers, is considered an early-cycle stock, and may be getting a boost from better than expected housing and construction data. ((DJ)) Comment!

• Thursday, March 19, 2009

• 13:45 PM Ford (F) says it does not need to participate in the new auto-supplier aid plan, as it expects no issues in paying suppliers. F +0.8%. ((DJ)) Comment!

• Wednesday, March 18, 2009

• 14:41 PM The massive rally in Treasurys after Fed announces long-end Treasury buying "takes your breath away," UBS's Chris Ahrens says. Like most, Ahrens thought Fed would keep the option open, but not actually announce purchasing. "It's a very impressive and significant move," and $300B is a "very significant number." ((DJ)) Comment!

• Monday, November 3, 2008

• 07:07 AM Brazil's Banco Itau (ITU) and Unibanco (UBB) agree to merge their operations, creating Brazil's largest financial group. (DJ) Comment!

• Tuesday, July 29, 2008

• 16:05 PM Vonage (VG) to name former AT&T (T) executive Marc Lefar as CEO. (DJ) Comment!