"We believe that Apple (AAPL) will launch the iPhone 5S at China Mobile (CHL) this July, as it launches the next iteration of the iPhone globally," writes Wedge Partners' Brian Blair, without elaborating on his sources. The remarks come a little less than 3 months after Apple and China Mobile signed a confidentiality agreement. Blair sees a 5S model supporting China Mobile's TD-SCDMA 3G network likely entering production in May. (WSJ report) [View news story]
AAPL will launch with CHL, when chinese Gubn't says so.
General Motors (GM -0.2%) says its new slate of pickups will feature the most fuel-efficient V-8 engines in the segment in addition to the highest tow ratings. The bold claims come as the automaker looks to put a major dent into the formidable market share claimed by Ford's line of F-150 pickup models. [View news story]
Size matters.
When it comes to trucks, and towing, there is no replacement for displacement.
Wait 'till those turbos fail under sustained towing service.
They won't be looked at very "ECO Friendly" then. Especially after the warranty has run out.
Gasoline prices this Easter weekend are at their lowest level in recent years, according to AAA; on average, a gallon of gasoline set back U.S. drivers $3.64 Friday, vs. $3.93 last Easter and $3.86 in 2011. Meanwhile, the Obama administration announced new rules Friday meant to reduce sulfur in gasoline and tighten emissions standards for cars and trucks, which could push up prices by as much as $0.09/gallon. [View news story]
We shall have none of that low gas prices problem.
It would not be fair to the rest of the world if we enjoyed lower prices.
Airlines around the world have gone to great lengths in recent years to reduce the weight they carry, with an eye to decreasing fuel requirements and increasing profit. So if weight is such a key concern for airlines' operations, why not charge for overweight passengers as well as overweight baggage? At least one economist thinks it's a great idea. [View news story]
Shipping of almost all items is based on size & weight.
Why should people be any different.
As with everything these days, the responsible are required to subsidize the irresponsible.
Correlations are breaking down as the global rally isn't keeping emerging stocks from their worst Q1 performance since 2008. It's the first time the sector hasn't outperformed during a bull market since 1998. Money managers are cutting exposure first, asking questions later, with a BAML survey showing them selling emerging markets to boost S&P 500 holdings. [View news story]
Cyprus imposes €100 per day limit on ATM withdrawals. Until now, depositors were able to withdraw up to €260 per day at Cyprus Popular Bank. Restriction will remain in place until further notice. [View news story]
Don't worry, it's safe.
"Like Money in the Bank"
All comming from those that said said sub-prime would be contained too.
Cyprus imposes €100 per day limit on ATM withdrawals. Until now, depositors were able to withdraw up to €260 per day at Cyprus Popular Bank. Restriction will remain in place until further notice. [View news story]
Anybody think the banksters would have shared the windfall with the depositors, if the bets they made with depositor's money, had paid off?
Desperate times call for desperate measures. Barnes & Noble (BKS) will make a bold attempt to gain market share by giving away a free e-reader with the purchase of a Nook HD+ tablet. The special limited time offer will be available online and in bookstores from March 24 to March 30. The end game: Though digital content sales rose 13% in Q4 to partially offset falling device sales, Microsoft-backed Nook Media needs explosive growth in the Nook ecosystem to stay relevant. [View news story]
Desperate times call for desperate measures. Barnes & Noble (BKS) will make a bold attempt to gain market share by giving away a free e-reader with the purchase of a Nook HD+ tablet. The special limited time offer will be available online and in bookstores from March 24 to March 30. The end game: Though digital content sales rose 13% in Q4 to partially offset falling device sales, Microsoft-backed Nook Media needs explosive growth in the Nook ecosystem to stay relevant. [View news story]
The IMF will slash its forecast for U.S. economic growth in its next World Economic Outlook report, according to Reuters and Italian news agency ANSA. Investors should expect the U.S. economy to grow at just 1.7% in 2013, well below the historical average and 0.3% less than previously forecast. On the bright side, the IMF said last month it could cut its outlook by as much as 0.5% so, in theory, it could have been worse.[View news story]
A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds.[View news story]
Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
Funny how Merkel Draghi nad BuBa waited for the end of the heating season before dropping the Cyprus bomb.
As expected, the IMF has cut its 2013 GDP growth outlook for the U.S. to 1.7% from 2%. The dollar and euro are called moderately overvalued, and the yuan moderately undervalued. Thanks to Shinzo Abe's efforts, Japan's GDP is now expected to grow 1.5% in 2013, up from a prior 1.2%. [View news story]
Well, that should be bullish.
That should help debt sustainability forecasts too.
Bullish!
Dow Jones reporting Eli Lilly (LLY) to lay off around 30% of its U.S. sales force, which accounts for about 1,000 positions. [View news story]
Stock to rally on.
"We believe that Apple (AAPL) will launch the iPhone 5S at China Mobile (CHL) this July, as it launches the next iteration of the iPhone globally," writes Wedge Partners' Brian Blair, without elaborating on his sources. The remarks come a little less than 3 months after Apple and China Mobile signed a confidentiality agreement. Blair sees a 5S model supporting China Mobile's TD-SCDMA 3G network likely entering production in May. (WSJ report) [View news story]
Right now they are not playing nicely.
Keep dreamin'
General Motors (GM -0.2%) says its new slate of pickups will feature the most fuel-efficient V-8 engines in the segment in addition to the highest tow ratings. The bold claims come as the automaker looks to put a major dent into the formidable market share claimed by Ford's line of F-150 pickup models. [View news story]
When it comes to trucks, and towing, there is no replacement for displacement.
Wait 'till those turbos fail under sustained towing service.
They won't be looked at very "ECO Friendly" then. Especially after the warranty has run out.
Gasoline prices this Easter weekend are at their lowest level in recent years, according to AAA; on average, a gallon of gasoline set back U.S. drivers $3.64 Friday, vs. $3.93 last Easter and $3.86 in 2011. Meanwhile, the Obama administration announced new rules Friday meant to reduce sulfur in gasoline and tighten emissions standards for cars and trucks, which could push up prices by as much as $0.09/gallon. [View news story]
It would not be fair to the rest of the world if we enjoyed lower prices.
New rules should hep reverse the trend.
Airlines around the world have gone to great lengths in recent years to reduce the weight they carry, with an eye to decreasing fuel requirements and increasing profit. So if weight is such a key concern for airlines' operations, why not charge for overweight passengers as well as overweight baggage? At least one economist thinks it's a great idea. [View news story]
Why should people be any different.
As with everything these days, the responsible are required to subsidize the irresponsible.
Correlations are breaking down as the global rally isn't keeping emerging stocks from their worst Q1 performance since 2008. It's the first time the sector hasn't outperformed during a bull market since 1998. Money managers are cutting exposure first, asking questions later, with a BAML survey showing them selling emerging markets to boost S&P 500 holdings. [View news story]
Just US & Japan money printing.
Cyprus imposes €100 per day limit on ATM withdrawals. Until now, depositors were able to withdraw up to €260 per day at Cyprus Popular Bank. Restriction will remain in place until further notice.
[View news story]
"Like Money in the Bank"
All comming from those that said said sub-prime would be contained too.
http://bit.ly/WBFO6P
Cyprus imposes €100 per day limit on ATM withdrawals. Until now, depositors were able to withdraw up to €260 per day at Cyprus Popular Bank. Restriction will remain in place until further notice.
[View news story]
I didn't think so.
Desperate times call for desperate measures. Barnes & Noble (BKS) will make a bold attempt to gain market share by giving away a free e-reader with the purchase of a Nook HD+ tablet. The special limited time offer will be available online and in bookstores from March 24 to March 30. The end game: Though digital content sales rose 13% in Q4 to partially offset falling device sales, Microsoft-backed Nook Media needs explosive growth in the Nook ecosystem to stay relevant. [View news story]
BKS YTD +10%
Only thing that matters.
Desperate times call for desperate measures. Barnes & Noble (BKS) will make a bold attempt to gain market share by giving away a free e-reader with the purchase of a Nook HD+ tablet. The special limited time offer will be available online and in bookstores from March 24 to March 30. The end game: Though digital content sales rose 13% in Q4 to partially offset falling device sales, Microsoft-backed Nook Media needs explosive growth in the Nook ecosystem to stay relevant. [View news story]
BKS 1 yr rate of rtn + 20%
Do the math
The IMF will slash its forecast for U.S. economic growth in its next World Economic Outlook report, according to Reuters and Italian news agency ANSA. Investors should expect the U.S. economy to grow at just 1.7% in 2013, well below the historical average and 0.3% less than previously forecast. On the bright side, the IMF said last month it could cut its outlook by as much as 0.5% so, in theory, it could have been worse. [View news story]
Like all things, just bullish
A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds. [View news story]
Ever hear of " Due Process?"
Be careful what you wish for.
Anybody could be next.
That is how the process of desensitizing works.
Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
http://bit.ly/WBFO6P
Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
They've known this was comming for over 6 months.