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  • Encouraging data on the labor front today - ADP’s better-than-expected monthly report, falling jobless claims and planned layoffs falling to a 13-month low - prompted Goldman to up its forecast for tomorrow's nonfarm payrolls report. Along that vein, a number of other economists have decided to tweak their expectations as well. Tea-readers on average are now expecting a gain of 100K new jobs, up from the 95K job gain they were calling for prior to today's numbers.  [View news story]
    The same HarryWanger from the Zero Hedge board?
    Jul 5, 2012. 08:26 PM | Likes Like |Link to Comment
  • Greek business leaders optimistically launch ad campaigns - including the website - to trumpet the need for international support. The gist: "All we are saying is give Greece a chance." [View news story]
    Brought to you by your local local i mean global overlords...
    Feb 24, 2012. 08:21 AM | 1 Like Like |Link to Comment
  • In a WSJ interview, Vanguard founder John Bogle defends the benefits of buying and holding, and diversification vs. those who have taken shots against traditional portfolio management and favor more speculative investing. The math works against them, he says; betting on long odds "doesn't pay off very often."  [View news story]
    Bogle's business model depens on sheeple, enuff said. What's he going to say, the truth, and hurt his business?

    Common sense is not so common anymore.
    Sep 11, 2011. 07:10 AM | Likes Like |Link to Comment
  • Panasonic (PC) will sell Android (GOOG)-based smartphones in Japan by 2011, where it will play catch-up with the iPhone (AAPL) and Samsung's (SSNLF.PK) Galaxy S. Panasonic "misjudged the speed" of smartphone adoption in Japan, says an exec.  [View news story]
    The Cell phone market in Japan has traditionally been very different from the rest of the world.
    Nov 16, 2010. 11:06 AM | Likes Like |Link to Comment
  • GM confirms rumors that it has increased the price range for its IPO to $32-33/share, and increased the size of its convertible preferred stock offering by $1B to $4B.  [View news story]
    MarketGuy I like your comments!
    Nov 16, 2010. 08:18 AM | 2 Likes Like |Link to Comment
  • Just a modest proposal from Max Keiser: Buy a silver coin, crash JPMorgan (JPM). If everyone in America bought just one coin, he figures, margin calls could take down the bank accused of manipulating the market through shorts. (previously)  [View news story]
    Woo hoo!!!... I"m all for that...america will not return until wall st corruption and the tentacles that it has at every level of society is put to bay.
    Nov 12, 2010. 03:18 PM | 2 Likes Like |Link to Comment
  • Ron Paul, likely to chair a House committee on monetary policy, sees the Fed "self-destructing" through its easing: "People are going to desert the dollar. I think the Chinese are hinting that already. They're not wanting our dollars as much as they want raw materials... There is no evidence that creating money creates economic growth."  [View news story]
    Ron Paul FTW...he's got common sense, morality, and ethics, all 3 qualities that are non existent our government as a whole for longer than I can remember.
    Nov 8, 2010. 07:25 PM | 8 Likes Like |Link to Comment
  • Wall Street likes the upbeat message from Medco (MHS +10.3%) CEO David Snow that 2012 will be a "monster" year, 2014 "large" and 2018 the third-biggest in the pharmacy benefit manager's new decade-long outlook - much more positive than earlier forecasts. Shares of rival Express Scripts (EXRS +6.3%) also are up sharply.  [View news story]
    Wasn't this kind of cheer-leading that Ken Lay was doing back in his heyday.
    Nov 2, 2010. 07:25 PM | Likes Like |Link to Comment
  • 2% GDP growth doesn't sway David Rosenberg's view that a double-dip is coming - it's been delayed but not derailed. "At 60 basis points above zero, real final sales are just a shock away from double-dipping," in the form of looming tax hikes, cutbacks in state and local governments, or the millions of "99ers" about to fall off the jobless benefit rolls.  [View news story]
    This time he's right...i just know it...

    "I gotta feeling"

    like the black eyed peas...
    Oct 29, 2010. 03:42 PM | Likes Like |Link to Comment
  • After a number of sweeps of UPS planes and vehicles earlier, FedEx (FDX) reports a suspicious package at its Dubai facility that originated from Yemen, and has halted all shipments from the country.  [View news story]
    Terror alert conveniently right before they have to be so obvious about it.
    Oct 29, 2010. 01:39 PM | 1 Like Like |Link to Comment
  • China reportedly ends its unofficial embargo of exports of rare earth minerals to the U.S., Europe and Japan, although shipments to Japan still encountered some difficulties, industry sources tell NYT. REE -9.6%, MCP -9.8%.  [View news story]
    I'm envious...looked at it all day..didn't have the balls to pull the trigger w/ the POMO train staring me in the face. Congrats!
    Oct 28, 2010. 02:08 PM | Likes Like |Link to Comment
  • Even though just one quarter of S&P 500 companies have reported Q3 earnings - with 86% trumping EPS estimates, and 64% producing positive revenue surprises - Credit Suisse warns that the earnings season pop could soon fizzle: "The bulk of the impact of earnings on market performance seems to occur in the first two weeks of earnings season, which ends today," firm notes.  [View news story]
    If the market fizzles... don't worry helicopter Ben will save the day.
    Oct 22, 2010. 09:06 AM | 3 Likes Like |Link to Comment
  • Major U.S. lenders, including JPMorgan (JPM) and BofA (BAC), are said to be in talks with state attorneys general to resolve the nationwide probe into foreclosure practices. JPMorgan and BofA couldn't be reached for comment.  [View news story]
    It's all about perception...and when you're a big bank that has unlimited access to cash, you have the ability shape any perception you want. The population is rife w/ idiots... Big ups to the lazy French for fighting for something.
    Oct 22, 2010. 08:13 AM | 3 Likes Like |Link to Comment
  • Major U.S. lenders, including JPMorgan (JPM) and BofA (BAC), are said to be in talks with state attorneys general to resolve the nationwide probe into foreclosure practices. JPMorgan and BofA couldn't be reached for comment.  [View news story]
    It will be brushed under the carpet just like everything else. Nothing to see here move along...
    Oct 22, 2010. 07:50 AM | 3 Likes Like |Link to Comment
  • The currency war "will not be fought for territory but for markets and wealth," John Taylor says, "and when tariff walls are raised the destruction of livelihoods and property will be almost as dramatic as in the old fashioned shooting wars. With the loss of economic value, the global debt structure must collapse and entitlement promises will not survive."  [View news story]
    We NEED the system to collapse...too many people rich poor, young old have gotten too fat, and too comfortable, it's only natural for things to want to shift back to the median.
    Oct 21, 2010. 02:45 PM | Likes Like |Link to Comment