The day has started well with the Ira Sohn conference giving a lot of hope to ideas floating around in my head since that jump began last year, but then Jobless claims seem to have kidnapped good news baselines to…
Though David Einhorn has not said so, like the powerful recommendation by the Hoplite Capital CEO for Starbucks which we agree with, David Einhorn is probably considering selling down Amazon after the retailer burst out to $226 almost 10% in…
One instantly thinks up exposure to Europe’s credit markets when one thinks of Wall Street trading this year too and it seems Goldman Sachs has again stepped in it and Q2 earnings estimates are rapidly being downgraded this quarter. For…
Q1 delivered another warning from Asian economies though trade data in China and Japan remained subdued on consumption imports. Japanese GDP growth would positively influence fortunes of Asia in general and in particular, Korea and China and therefore the rest…
After $50 bln of asset sales thru 2009-2011 the bank was unable to satisfy the Treasury of its dividend plans and barely made the stress test parameters in Q1 as its new plans to go global witha strategy look more…
Facebook’s self effacing roadshow trudge seems to have thrown quite a leg with Zuckerberg’s dream project taking off to a larger Capitalisation target ahead of Friday’s open. Earlier the company had upgraded its IPO range to $34-$38 making itss $104…
A battered set of global Financial markets were likely pleasantly surprised by US housing data after Europe could not hang on to gains in the afternoon. That means a better global financial markets opening tomorrow as US Housing starts, holding…
Commodities continued their run down from last year’s “bubble” tops with silver and Copper losing a mile after the Chinese data. Things are complicated for europe even as Spanish banks have recovered most of the required EUR 30 bln internally…
When Citi’s Vikram Pandit tried to crawl out of his $1 pay for 2009 and 2010 with a $14.9 mln package for 2011, the shareholders’ exercissed their say for pay voted with a resounding 55% “No” to the proposals, putting…
| INDU | 0.00 | ||
| NASDAQ | 2813.69 | ||
| S&P 500 | 1304.86 | ||
| AMZN | 218.36 | ||
| AAPL | 530.12 | ||
| GS | 97.08 | ||
| BAC | 6.98 | ||
| JPM | 33.93 | ||
| UAL | 21.90 | ||
| MCD | 89.62 | ||
| KO | 75.12 | ||
| DIS | 44.33 | ||
| DB | 35.84 | ||
| HBC | 41.09 | ||
| PFE | 22.56 | ||
| VMW | 98.95 |