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surfnspy

surfnspy
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  • Cullen Roche's three bearish signs in a sea of negativity: U.S. rail traffic is grinding to a halt; U.S. manufacturers' new orders have turned sharply negative; and Suez Canal traffic is turning negative. (But things could be worse: three bullish signs.) [View news story]
    Bbro,
    I agree with wyostocks. It irks me when you post "riddles!" C'mon, man... edumacate us :)
    Dec 8, 2012. 01:01 PM | 5 Likes Like |Link to Comment
  • As A Frustrated Owner Of Vringo Stock, What Should I Do? [View article]
    Cliff,
    I feel for you man. Ouch!
    Dec 8, 2012. 11:34 AM | Likes Like |Link to Comment
  • More on Nonfarm payrolls: The guts aren't as pretty as the headline. Revisions downward to the Sept. and Oct. numbers total 49K, about equal to the 53K beat. The improvement in the unemployment rate comes as the labor force participation rate falls to 63.6% from 63.8. The employment-population ratio falls to 58.7% from 58.8%. The average workweek is flat at 34.4 hours. [View news story]
    "The biggest gain in the jobs report was in the 55-69 demographic at +359K"

    Walmart greeters?
    Dec 7, 2012. 02:41 PM | Likes Like |Link to Comment
  • As A Frustrated Owner Of Vringo Stock, What Should I Do? [View article]
    Just picked up an additional 1,215 shares at 3.07. I intend to ride until the wheels fall off or we make some $$$. Long.
    Dec 7, 2012. 02:31 PM | 5 Likes Like |Link to Comment
  • Jobless Claims Settle Back Down [View article]
    Enjoy yourself, DH.
    Dec 6, 2012. 03:52 PM | 2 Likes Like |Link to Comment
  • Household net worth rose $1.7T to $64.8T in Q3, according the Fed's Flow of Funds report (if you like data dumps, this one is for you). Domestic nonfinancial debt grew 2.4% in Q3, with households continuing to deleverage, but businesses (+4.4%) and the federal government (+6.2%) picking up the slack. From 2002-2006, households added to debt levels at double-digit rates. [View news story]
    Amen Tom!
    Dec 6, 2012. 01:04 PM | Likes Like |Link to Comment
  • More on ADP jobs: Now included with the reports are the insights of Mark Zandi, and he blames Sandy for "slicing" 86K from payrolls. By this calculation, November would have seen a gain of 204K vs. October's 157K. Economy fixed. [View news story]
    Thank you.
    Dec 5, 2012. 03:49 PM | Likes Like |Link to Comment
  • More on ADP jobs: Now included with the reports are the insights of Mark Zandi, and he blames Sandy for "slicing" 86K from payrolls. By this calculation, November would have seen a gain of 204K vs. October's 157K. Economy fixed. [View news story]
    bbro,
    At what point will Sandy no longer a factor for the jobs report? I'm being serious and not a wiseacre.
    Dec 5, 2012. 12:23 PM | Likes Like |Link to Comment
  • More from the Citigroup (C) job cuts: The bank will take a pre-tax charge of $1b in Q4 and about $100M in H1 2013 as a result of the "repositioning." One wonders how that might look to the Fed when the bank submits its 2013 capital return request. (PR[View news story]
    weav,
    NO SH*T!
    I'm sure Corzo the Clown is laying low and will start managing $ for all his 1%er pals in washington. After all, BHO refers to him affectionally as "our wall st guy."

    Nice.
    Dec 5, 2012. 12:20 PM | Likes Like |Link to Comment
  • Many U.S. firms are cash rich abroad but cash poor at home, and the SEC worries they aren’t presenting investors with an honest appraisal of their liquidity. “That doesn’t mean they could suddenly run out of money to pay their bills," WSJ's Kate Linebaugh writes. "But it does mean there could be unseen limits on their ability to pay dividends and buy back shares." [View news story]
    gdavidson,

    Incorrect. It's Idi Amin's legacy.
    Dec 4, 2012. 04:29 PM | Likes Like |Link to Comment
  • Exxon Mobil (XOM -0.2%) CEO Rex Tillerson will receive a bonus of $4.59M in cash and shares, up 5% Y/Y, with half paid in cash by year-end and the other half linked to the company's earnings, according to an SEC filing. Tillerson also will receive 225K restricted XOM shares, worth nearly $19.7M at today's price. XOM has gained ~3% YTD. [View news story]
    MDH,
    Tell us, how much do YOU think the person responsible for world's largest company (by revenue) and one of the largest market caps in the world should be paid? Do you even own XOM?
    Dec 4, 2012. 02:40 PM | Likes Like |Link to Comment
  • On The Road To The Endgame: The Farcical Cliff [View article]
    Thank you, Tomas.
    Dec 3, 2012. 06:32 PM | 9 Likes Like |Link to Comment
  • Politically Driven Market [View article]
    I'm convinced the BHO WH doesn't give a sh*t about business or markets. There. I said it.

    I look forward to the abuse from some of you :-)
    Nov 29, 2012. 07:44 PM | 5 Likes Like |Link to Comment
  • Zynga (ZNGA) -11.1% AH after disclosing it has amended its agreement with Facebook (FB). The most worrisome line: "Facebook will no longer be prohibited from developing its own games." Facebook has said it's not interested in being a game developer, but as of March 31, 2013, it won't be legally obligated on that count. The amendment also frees Zynga of the obligation to display Facebook ads or use Facebook credits on Zynga.com and other company properties, and of having Facebook be its "exclusive social platform." [View news story]
    Oh wow! Yikes. Hard to defend those side-by-side comparisons.
    Nov 29, 2012. 07:36 PM | Likes Like |Link to Comment
  • Here's the White House math behind why "tax reform" can't replace all the income from letting the Bush tax cuts for the rich expire: Limiting a cap in deductions to incomes over $250K leaves only $800B in revenue; phasing in a cap to avoid a "cliff" reduces revenues to $650B; excluding the charitable deduction reduces it to $450B. That's why the likeliest outcome is a hybrid approach that combines an increase in marginal tax rates with a cap in deductions. [View news story]
    This is not going to end well I have a feeling.
    Nov 29, 2012. 07:26 PM | 8 Likes Like |Link to Comment
COMMENTS STATS
415 Comments
457 Likes