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  • AMC Networks (AMCX) says Executive Chairman Charles Dolan sold 1.75M shares for liquidity and tax planning purposes. [View news story]
    SA having a tough time swallowing that empire st number eh?
    Aug 15 08:55 AM | Likes Like |Link to Comment
  • July Consumer Price Index: 0.0% vs. +0.2% expected, 0.0% prior. Core CPI +0.1% vs. +0.2% expected, +0.2% prior. [View news story]
    He hath no clue.
    Aug 15 08:54 AM | Likes Like |Link to Comment
  • July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]
    Click the link brainiac.
    Aug 14 11:10 AM | Likes Like |Link to Comment
  • July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]
    This is the flawed program responsible for all the "beats".

    This has to be one of the weakest programs i have seen.
    MUNG doesn't begin to describe it.

    http://1.usa.gov/Nn55iL
    Aug 14 09:49 AM | Likes Like |Link to Comment
  • China plans to release corn and rice from state reserves to cool inflation and ease import needs. The amount isn't yet known, but is estimated to be around 2M tons (the country consumes 10-15M tons monthly). The grains were sharply lower today as traders mostly sell Friday's news of a short crop. Corn -2.2%, Beans -3.1%, Wheat -3.2%[View news story]
    So much for the Chinese easing theory.

    That's going to get worse before it gets better.

    Better.. LOL!!!
    Aug 13 09:39 PM | Likes Like |Link to Comment
  • Conspicuous for what BP (BP -0.4%) didn't mention in the $2.5B sale of its Carson refinery: the huge Texas City refinery it hasn’t sold. Many thought Carson would be the more attractive of the two refineries BP put up for sale last year; seeing how the Carson sale represented more than half the combined $4B BP wanted for the two, a Texas City sale could be a bargain basement. [View news story]
    Bargain basement contractor deathtrap.

    All u need to know.
    Aug 13 10:39 AM | Likes Like |Link to Comment
  • Some of the air comes out of the post-earnings resurgence of Green Mountain Coffee Roasters (GMCR -4.4%) as shares fall off to $21.77 on heavy trading. A lot of the action this week on GMCR has been tied to a battle to force out late-charging shorts, according to some traders. On the Street, Janney Capital is back to its bullish vibe, saying fair market value for the coffee stock is a lofty $60. [View news story]
    But, just yesterday the shorts were getting blow torched.
    In a down market.

    Today, the longs are getting blow torched.
    In an up market.

    Nothing to see here, move along. LOL!!
    Aug 3 11:03 AM | Likes Like |Link to Comment
  • If the U.K. government - contemplating the full nationalization of RBS in order to get it to lend more - thinks shoveling out below market-rate credit to citizens who probably don't qualify, the U.S. has a Fannie and Freddie to sell it, writes Sober Look. Surely, the government can think of other ways to stimulate the economy.  [View news story]
    No, they can't, or they would have done it by now ya think?
    Aug 2 03:07 PM | 2 Likes Like |Link to Comment
  • How alarming is DirecTV's (DTV -1.9%) first-ever decline in U.S. subscribers? The drop of 52K subscribers wasn't gigantic in the context of the 19.91M customers it still retained, but with streaming options continuing to draw interest it is of note that the company is increasingly relying on Latin America to hammer out results. [View news story]
    How do you have bandwidth in air?
    Aug 2 02:40 PM | Likes Like |Link to Comment
  • The aftermath of the USPS defaulting on a $5.5B payment to the U.S. Treasury is relatively muted as jittery politicians prefer to stay out of any action that could cut jobs in their district. Things could get rather interesting in October though, when the USPS could actually run out of money to fund ongoing operations and force companies to improvise. On watch: FedEx (FDX -1.0%), UPS (UPS -0.5%). [View news story]
    those guy's are equipped to deliver mail, USPS is not.

    Im waiting until i can get rid of the mail box out on the street, as it is pretty much useless, since our mail only comes every other day if we're lucky.
    Aug 2 09:46 AM | Likes Like |Link to Comment
  • Draghi: Responding to a question, he says the Governing Council discussed a reduction in interest rates, but decided now was not the time. Does the ECB read the newspapers?  [View news story]
    Eurotards don't read. They spend.
    Aug 2 08:54 AM | Likes Like |Link to Comment
  • AT&T (T) has reportedly been instructing store managers to discourage customers from buying iPhones (AAPL), and instead steer them towards Android and Windows Phone devices. The iPhone's higher subsidies, and AT&T's efforts to reduce subsidy expenses, could be the reason. Verizon has also been trying to lower iPhone sales, reportedly in order to migrate users to its 4G network. AT&T's iPhone sales fell 14% Q/Q in Q2 to 3.7M.  [View news story]
    I like the HTC, and Samsungs, for me it's display size. I've had the iphone for 4 years, im bored with it, ready for a change. I haven't experienced any steering to other devices, if anything it's the opposite.
    Aug 1 12:17 PM | 3 Likes Like |Link to Comment
  • AT&T (T) has reportedly been instructing store managers to discourage customers from buying iPhones (AAPL), and instead steer them towards Android and Windows Phone devices. The iPhone's higher subsidies, and AT&T's efforts to reduce subsidy expenses, could be the reason. Verizon has also been trying to lower iPhone sales, reportedly in order to migrate users to its 4G network. AT&T's iPhone sales fell 14% Q/Q in Q2 to 3.7M.  [View news story]
    I submit, that is bullshit. iFatigue has set in along with the sickening iBill that comes with it. Im downgrading to something bigger that i can see, that's cheaper to own. The fad is over, practicality is where it's at right now.
    Aug 1 11:53 AM | 1 Like Like |Link to Comment
  • Hedge fund giant Louis Bacon is set to return $2B, about 15% of AUM, back to investors following more than a year of poor returns. With tightly correlated markets swinging together based on what some politician or central banker utters, what's a global macro player to do? "The political involvement is so extreme - we have not seen this (in) the post-war era."  [View news story]
    Pretty soon the only player left in the market will be only the govt.

    They can have it, in all it's false glory.
    Aug 1 11:04 AM | 4 Likes Like |Link to Comment
  • More on Chicago PMI: Order backlogs jumped to 52.8 from 42.2, but supplier deliveries continued to fall (to 53.3 from 54.2) - a lower number means faster deliveries, meaning, presumably, slower business. Comments: "Business is getting extremely quiet! Summer vacations? Election year? Euro crisis? I wish we knew." (full report)  [View news story]
    Sorry, QE hopium addicts. Aint happenin with that number.
    Jul 31 10:30 AM | Likes Like |Link to Comment
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