Guest View
User: Pass: | become a member


Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Daily Highlights: 1.12.10

Courtesy of Tyler Durden

  • Asian stocks fall, Dollar rises on China rate, earnings concern.
  • China may be forced to shut 11% of power generators because of coal shortages.
  • China One-year yields rise for first time since August as credit tightens.
  • China raises bill yields in sale for second time, presaging higher rates
  • Corporate bond returns rising at fastest pace since 1998
  • Crude Oil drops a second day on forecasts for warmer weather.
  • India’s industrial output growth rises 11.7% in Nov – fastest pace in 25 months.
  • Japan’s current account surplus widens for fourth month on export rebound.
  • Obama said to weigh fee on financial-services firms to trim budget deficit.
  • AK Steel hikes prices for carbon steel products by $60 per ton.
  • Alcoa posts $277M loss on restructuring, taxes. Revs fell 4.5% to $5.43B (cons $4.82B).
  • American Airlines, TPG raised an offer to invest in Japan Airlines Corp. to $1.4B.
  • AOL started laying off employees and said it would close some European offices.
  • Bell Micro sees Q4 revs at $830-840M ($807.24M cons), prev view $796-819M.
  • BP Plc unseated Royal Dutch Shell Plc as Europe’s largest oil company by market value
  • Bright Food offers $1.4B in cash to purchase CSR’s sugar business
  • Cadbury again rejects Kraft bid, as the confectioner reports strong growth.
  • Chevron in its interim update sees Q4 2009 earnings to be lower than in Q3 2009.
  • China’s Bright Food to buy CSR Ltd’s sugar & renewable units for $1.4B.
  • Daimler plans Mercedes `attack’ on BMW with environmentally-friendly cars
  • Dozen Hollywood, other names make offers for MGM, but in the $2B range, below the $3.7B it owes its lenders.
  • Ford, Geely said to be close to agreement on shielding Volvo trade secrets.
  • GameStop announces capital allocation strategy incl $300M share repurchase plan.
  • Japan Air plunges by 45% daily limit on speculation of bankruptcy filing.
  • Kodak, Samsung enter pact giving access to the other’s patent portfolio.
  • Regulators have ordered structural inspections of more than 130 Boeing jetliners.
  • Swiss Life Jumps Most in 8 months on report Allianz Is preparing a bid
  • Telefónica: Devaluation of Venezuelan bolivar erased more than $1B in profits it has locked up in the country.

Economic Calendar: Data on Trade Balance to be released today.

RECENT RATING ACTIONS
TIMKEN CO (TKR)
SWIFT ENERGY CO (SFY)
ACUITY BRANDS INC (AYI)
HILL-ROM HOLDINGS INC (HRC)
GENERAL MILLS INC (GIS)
MCMORAN EXPLORATION CO (MMR)
VULCAN MATERIALS CO (VMC)
COLGATE-PALMOLIVE CO (CL)
SINCLAIR BROADCAST GROUP (SBGI)
BOYD GAMING CORP (BYD)
MARTIN MARIETTA MATERIALS (MLM)
LABORATORY CORP OF AMERICA (LH)
OWENS-ILLINOIS INC (OI)

Data provided by Egan-Jones Ratings and Analytics


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a free SWW trial or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Dashboard

 Sector Performances (Today)

 Thermal Imaging