George Soros: “Germany headed into depression within six months”
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Tags: George Soros: "Germany headed into depression within six months"
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27AugMovers & Shakers, breaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, free stock info, free stock tips, market analysis, market facts, stock market, stockmarket analysis, stocks, trading, trading ideas, trend No Comments
In 1929 market top out on September 3rd but did not crash till October 24th.
DJ-30 will need to take out the high of 13,330.76 and S&P will need to take out the 1422 level.
Both highs were made on August 21st.
Last year market formed bottom on October 4th.We may see buying continue into the labor day weekend before selling starts into October, then rally into the election.
Tags: In 1929 market top out on September 3rd but did not crash till October 24th., Markets topping?
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27AugFinancial transaction, Movers & Shakers, breaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, daily stock picks, daily stock tips, deals, financial settlement, free stock info, free stock tips, market analysis, market facts, markets, money, stock market, stockmarket analysis, stocks, structured settlements, trading, trading ideas No Comments
Hertz to acquire Dollar Thrifty for about $2.3 billion in cash
Tags: Hertz to acquire Dollar Thrifty for about $2.3 billion in cash, Hertz to aquire Dollar Thrifty for about $2.3 billion in cash, Hertz to buy Dollar Thrifty for about $2.3 billion in cash
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South Korean court has ruled that rivals Apple Inc. and Samsung Electronics Co. both infringed on each other’s patents in making their mobile devices.The court also ordered a limited ban on sales of some of Apple’s iPads and iPhones as well as some Galaxy devices in South Korea.
Tags: Court Rules on Apple and Samsung patent matter, Court Rules on Apple and Samsung patent rift
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22Augbreaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, free stock info, global economy, market facts, stock market, stockmarket analysis, stocks, trading, trading ideas No Comments
Japan’s exports fell another -8.1% year over year in July
Asian markets are pulling back after recent gains.
Tags: Japan's exports fell another -8.1% year over year in July
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08Aug
Standard & Poor’s Ratings Services on Tuesday lowered its outlook on Greece’s long-term credit rating, saying that the financially troubled nation will likely need further aid from its international lenders amid a worsening economy and delays implementing harsh austerity measures.
The ratings firm downgraded Greece’s long-term sovereign credit rating outlook to “negative” from “stable.” Its rating remained at “CCC,” well into “junk” status.
Greece’s economy is worsening, so it will likely need as much as €7 billion ($8.7 billion) in additional financing, or 3.7 percent of its gross domestic product, from the European Union and the International Monetary Fund, S&P said.
The move to lower the outlook reflects the possibility that S&P will downgrade Greece’s rating if the nation fails to get additional funding from other euro zone countries and the IMF.
The country has been relying on such loans since high interest rates pushed it out of bond markets in 2010. In return, it has imposed harsh austerity, slashing pensions and salaries, repeatedly hiking taxes and increasing the retirement age.
The firm projects that Greece’s gross domestic product will shrink by 10 or 11 percent over this year and next. The European Union and IMF have assumed GDP will slow only between 4 percent and 5 percent during that period.
Greece has received two bailouts totaling €240 billion from other euro zone governments and the International Monetary Fund after bond investors would no longer lend it money at affordable rates. In return for the money, Greece is supposed to cut its budget deficit and reform its economy. However, the economy has continued to contract and the new government of Prime Minister Antonis Samaras has said it wants more time to meet some of the conditions.
Even so, S&P anticipates that Greece’s government will find it difficult to make the additional cuts required to satisfy the conditions to get its next slate of funding from the EU and IMF.
“We see the likelihood of shortfalls, owing to election-related delays in the implementation of budgetary consolidation measures for the current year, as well as the worsening trajectory of the Greek economy,” S&P said.
A cutoff of bailout money could lead to Greece defaulting on its remaining obligations and possibly leaving the euro currency.
International bailout creditors are closely scrutinizing the country’s lagging austerity and reform program, and a negative report next month would likely lead to the vital rescue loans being halted. That would leave the government unable to pay pensions, salaries and service its debts, which in turn could force Greece to leave the 17-member euro zone, a move that would reverberate throughout global financial markets.
Tags: BREAKING NEWS: Standard and Poor's lowers Greece ratings outlook to negative, credit, debt, euro, global economy, outlook, rating
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07AugMovers & Shakers, breaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, daily stock picks, daily stock tips, earnings, free stock info, free stock picks, free stock tips, market analysis, market facts, short term investments, stock market, stockmarket analysis, trading, trading ideas, trend No Comments
Priceline (PCLN) shares tumble -13% late after online-travel company’s forecast misses targets
Tags: Priceline (PCLN) shares tumble -13% late after online-travel company's forecast misses targets
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31Julbreaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, market facts, market projections, stock market, stockmarket analysis, stocks, trading, trading ideas, trend, usa economics No Comments
Microsoft Surface to arrive on Oct. 26, says SEC filing
If you happened to peruse the annual report Microsoft filed with the U.S. Securities and Exchange Commission (SEC) this week, you may notice that a rather obvious little bit of news was confirmed in the documents: That the Redmond-based company’s Surface tablets will hit shelves on Oct. 26, along with Windows 8.
The detail is mentioned quite casually in the report:
The next version of our operating system, Windows 8, will be generally available on October 26, 2012. At that time, we will begin selling the Surface, a series of Microsoft-designed and manufactured hardware devices.
CNET’s Brooke Crothers was among the first to call attention to the line in the SEC report. As he points out, the time frame has been suggested before, though not confirmed to the exact day. And what’s frustrating is, it’s still not confirmed.
When Microsoft announced the device last month in L.A., they indicated that “Surface for Windows RT will release with the general availability of Windows 8, and the Windows 8 Pro model will be available about 90 days later.”
Why confirm it in investment documentation, but not confirm it directly to reporters? Regardless, whether it hits on Oct. 26 or just after, we’re looking forward to testing it out.
Tags: Microsoft Surface to arrive on Oct. 26, says SEC filing
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31Jul
US Postal Service bracing for 1st-ever default on billions in payments due to Treasury
Tags: US Postal Service bracing for 1st-ever default on billions in payments due to Treasury
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11JulMovers & Shakers, breaking market news, breaking news, breaking stock market news, breaking stock news, breaking wall street news, daily stock tips, free stock info, free stock tips, market facts, markets, short term investments, stock market, stockmarket analysis, stocks No Comments
Coca-Cola Announces 2-for-1 Stock Split
Coca-Cola share owners approved a two-for-one stock split on Tuesday that will double the company’s common stock shares to 11.2 billion.
July 27, 2012,KO 77.98
The split will be the first in 16 years and the 11th in the stock’s 92-year history.
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