The fallout of the merger between American Airlines (AAMRQ.PK) and US Airways (LCC +2.2%) on airline ticket prices is starting to be felt as fares on several major routes jump over 40%. Though routes where the two merging carriers dominate will see the biggest fare jumps, a ripple effect on pricing could be felt in the entire sector. [View news story]
someday they will charge you extra for a seat on an airline...I don´t know what I am paying for now..
The Treasury sells $13B in reopened 30-year bonds at 2.998% - the first sub-3% long bond auction since December. Bid-to-cover ratio of 2.49, vs. a recent average of 2.59; indirect bidders take 31.4%, vs. a recent 37.5%. Direct bidders take a healthy 19.2%, vs. a recent 14.1%. [View news story]
Japanese buying lots of them I bet...don´t know why though...we are just doing what they did 20 years ago....same ending..
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
I have done my research ..I used to be invested in electric motors for over 18 years...since the first GM electric car..so far these are just toys..new toys..in time they will be proven good or not....I think the batteries are not up to the challenge yet...they will not replace my ICE yet...I think hybrids are the way to go.....its seems the best option for a family car..these are not the sole car in the household....short hop cars ..sure....a political statement..absolutly..... luck...I hope your money will be well spent...time will tell...we will know in 3-5 years if they did build a great car...
Greek unemployment rose to yet another record high of 27.2% in January from 25.7% a month earlier as the country's depression continued unabated. Youth unemployment hit 59.3%, up from 51% a year earlier. FTSE/ATHEX 20 -0.15%. [View news story]
they need to heal themselves..its a Socialism issue vs Capitalism..the government can´t take care of everyone forever...they ran out of money..
Chinese regulators pull Quentin Tarantino movie Django Unchained from theaters in the country on its opening day due to "technical" problems. The late action shows the tightrope movie studios face (TWX, LGF, VIA, SNE) in producing movies to clear Chinese censors in the face of growing box office opportunities in the nation. (Previous: Hollywood scripts aim to please Chinese audiences) [View news story]
Pulled it beacuse its a terrible western movie...stupid with bad writing and acting...special effects were bad too
Banks and lobbyists got a look at the latest Fed minutes yesterday afternoon according to a list which shows the 150 e-mail addresses that received the release Tuesday. Among the big banks whose officials got the message: JPMorgan, Goldman Sachs, Nomura, and Citigroup.[View news story]
Dallas Fed chief Richard Fisher reiterates his opposition to "massive QE programs" in a speech in El Paso saying "the ... inflationary consequences [are] as yet unclear, and will depend on how artful the committee will be in unwinding accommodation on a timely basis." Based on a trimmed mean analysis, the Dallas Fed concludes that inflation is indeed at or below 2%, but with regard to employment, Fisher notes "it is not clear that we will achieve a justifiable bang for the trillions of bucks the Fed has flooded the economy with."[View news story]
15% of the population is benefiting from the QE..no more...its all in stock values and bond values...not the Joe on the street values...
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
motor brushes comes to mind right off the bat....and yes these cars have u joints and A/C I assume....things that need work now and then....the batteries will be a nightmare I think...very costly to replace....can´t repair....
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Where do you go when you need a repair or a warranty work....?????..good luck....and you are going to need a lot with these cars....
An industry-backed group raises its estimate of technically recoverable natural gas reserves in the U.S. by 28% to 2,384T cu. ft., more than 90x the amount of gas consumed in the U.S. last year. The report projects the amount of gas that can be recovered with existing technology but does not address whether the gas can be produced at a reasonable cost. [View news story]
It can and will be shut down by the government...they do not like energy....this kind of energy..its not green enough for them...
Petrobras (PBR +2.4%) CEO Maria das Gracas Foster denies that Brazil's government has ordered it to help billionaire Eike Batista's troubled EBX Group out of its financial pickle but confirms PBR has discussed using a liquefied natural gas terminal that could potentially be developed at the Acu port under construction by Batista's LLX Logistica. [View news story]
I think they are a poorly run company...government run and corrupt..
Cyprus will reportedly sell €400M of "excess" gold reserves according to a draft assessment of the country's financing needs reviewed by Reuters. Between now and 2016, the country needs €23B. Cyprus' contribution (around €13B) will be derived from a combination of higher taxes, the Laiki bank wind down, the equity "swap" (sarcasm) with depositors, and the aforementioned sale of the country's gold holdings.[View news story]
when you are drowning..you grab for anything..sad but this will be the worst thing for them.Poverty for years to come..
The Treasury sells $21B in reopened 10-year notes at 1.795%. Bid-to-cover ratio of 2.79, vs. a recent average of 2.76; indirect bidders take 37.3%, vs. a recent 30.1%. Direct bidders take 29%, vs. a recent 24%. [View news story]
With gold prices struggling to shine as a safe haven, Goldman Sachs cuts its gold price forecasts for the second time in two months. Goldman's gold team now sees an average price of $1,545/oz. in 2013 vs. its earlier forecast of $1,610, with prices falling to $1,350 in 2014 from $1,490 expected previously. The move comes a day after Deutsche Bank poured cold water on its own outlook for gold. [View news story]
you can bet Goldman is buying.....they tell you to sell when they want to buy...or need to buy..
The fallout of the merger between American Airlines (AAMRQ.PK) and US Airways (LCC +2.2%) on airline ticket prices is starting to be felt as fares on several major routes jump over 40%. Though routes where the two merging carriers dominate will see the biggest fare jumps, a ripple effect on pricing could be felt in the entire sector. [View news story]
The Treasury sells $13B in reopened 30-year bonds at 2.998% - the first sub-3% long bond auction since December. Bid-to-cover ratio of 2.49, vs. a recent average of 2.59; indirect bidders take 31.4%, vs. a recent 37.5%. Direct bidders take a healthy 19.2%, vs. a recent 14.1%. [View news story]
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Greek unemployment rose to yet another record high of 27.2% in January from 25.7% a month earlier as the country's depression continued unabated. Youth unemployment hit 59.3%, up from 51% a year earlier. FTSE/ATHEX 20 -0.15%. [View news story]
Chinese regulators pull Quentin Tarantino movie Django Unchained from theaters in the country on its opening day due to "technical" problems. The late action shows the tightrope movie studios face (TWX, LGF, VIA, SNE) in producing movies to clear Chinese censors in the face of growing box office opportunities in the nation. (Previous: Hollywood scripts aim to please Chinese audiences) [View news story]
Initial Jobless Claims: -42K to 346K vs. 388K consensus, 385K prior (revised). Continuing claims -12K to 3.08M. [View news story]
Banks and lobbyists got a look at the latest Fed minutes yesterday afternoon according to a list which shows the 150 e-mail addresses that received the release Tuesday. Among the big banks whose officials got the message: JPMorgan, Goldman Sachs, Nomura, and Citigroup. [View news story]
Dallas Fed chief Richard Fisher reiterates his opposition to "massive QE programs" in a speech in El Paso saying "the ... inflationary consequences [are] as yet unclear, and will depend on how artful the committee will be in unwinding accommodation on a timely basis." Based on a trimmed mean analysis, the Dallas Fed concludes that inflation is indeed at or below 2%, but with regard to employment, Fisher notes "it is not clear that we will achieve a justifiable bang for the trillions of bucks the Fed has flooded the economy with." [View news story]
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
An industry-backed group raises its estimate of technically recoverable natural gas reserves in the U.S. by 28% to 2,384T cu. ft., more than 90x the amount of gas consumed in the U.S. last year. The report projects the amount of gas that can be recovered with existing technology but does not address whether the gas can be produced at a reasonable cost. [View news story]
Petrobras (PBR +2.4%) CEO Maria das Gracas Foster denies that Brazil's government has ordered it to help billionaire Eike Batista's troubled EBX Group out of its financial pickle but confirms PBR has discussed using a liquefied natural gas terminal that could potentially be developed at the Acu port under construction by Batista's LLX Logistica. [View news story]
Cyprus will reportedly sell €400M of "excess" gold reserves according to a draft assessment of the country's financing needs reviewed by Reuters. Between now and 2016, the country needs €23B. Cyprus' contribution (around €13B) will be derived from a combination of higher taxes, the Laiki bank wind down, the equity "swap" (sarcasm) with depositors, and the aforementioned sale of the country's gold holdings. [View news story]
The Treasury sells $21B in reopened 10-year notes at 1.795%. Bid-to-cover ratio of 2.79, vs. a recent average of 2.76; indirect bidders take 37.3%, vs. a recent 30.1%. Direct bidders take 29%, vs. a recent 24%. [View news story]
With gold prices struggling to shine as a safe haven, Goldman Sachs cuts its gold price forecasts for the second time in two months. Goldman's gold team now sees an average price of $1,545/oz. in 2013 vs. its earlier forecast of $1,610, with prices falling to $1,350 in 2014 from $1,490 expected previously. The move comes a day after Deutsche Bank poured cold water on its own outlook for gold. [View news story]