- Bonds ( 43 feeds / 2 sources )
- Misys To Add DTCC's Loan Reconciliation Service to Its Loan IQ Solution (Business Wire)
NEW YORK & LONDON----The Depository Trust & Clearing Corporation announced today that Misys plc, a global supplier of technology solutions to the banking and the financial services industry, will link its Loan IQ Solution to DTCCâs Loan/SERV Reconciliation Service this September, enabling clients to view and reconcile loan positions on a daily basis. - Treasurys ease ahead of auction (CNNMoney.com)
Treasury price fell Thursday ahead of a $15 billion auction of 30-year bonds as well as economic reports on retail sales and weekly unemployment claims. - Walmart Second Quarter Earnings Exceed Consensus Estimates (PR Newswire)
Wal-Mart Stores, Inc. today reported diluted earnings per share from continuing operations for the second quarter of fiscal year 2010 of $0.88, at the top of the company's guidance of $0.83 to $0.88. - Do You Have a Job-Loss Safety Net? (Morningstar.com)
Be pre-emptive if you're concerned about job security. - Germany and France exit recession (Reuters)
Germany and France achieved a shock return to economic growth in the second quarter of the year, ending their recessions earlier than many policymakers and economists expected, but failed to drag the euro zone with them. - Stocks, commodities rally on brighter Fed view (Reuters)
Asian stocks and commodities rose on Thursday after the Federal Reserve said it spotted stability in the U.S. economy, spurring investors to buy back shares and other riskier assets and sell U.S. dollars. - AEGON Improves Underlying Earnings and Capital Position in Q2 2009 (PR Newswire)
- - Internet Gold Reports Second Quarter 2009 Financial Results (PR Newswire)
Internet Gold Golden Lines Ltd., today reported its financial results for the second quarter of 2009. - Fitch Revises Rating Watch on Assured Guaranty-Insured Muni Bonds to Negative (Business Wire)
NEW YORK----In conjunction with Fitch Ratings' revision of the 'AA' Insurer Financial Strength rating of Assured Guaranty Corp. to Rating Watch Negative from Evolving on Aug. 10, 2009, Fitch revises Assured Guaranty-insured municipal bonds with no Fitch unenhanced ratings, as well as those Assured Guaranty-insured municipal bonds with unenhanced ratings of below 'AA' to Rating Watch Negative. - Fitch Downgrades $1B Bon Secours Health System's Bonds to 'A-' (Business Wire)
NEW YORK----Fitch Ratings has downgraded the underlying rating on approximately $1 billion outstanding bonds issued on behalf of Bon Secours Health System, Inc. to 'A-'. The Outlook is Stable. - ... more feeds
- Business ( 125 feeds / 4 sources )
- Damaged blowout preventer raised to Gulf surface - USA Today
- Koch brothers give $1M to back Proposition 23 - The Associated Press
- Jobs Data Provide Hope - Wall Street Journal
- As Pay Falls, Borrowers Lose Ground - New York Times
- Expiring tax cuts pose dilemma for US lawmakers - Economic Times
- Travel Q&A: Keep an eye on changing international flight baggage allowance - San Jose Mercury News
- IMF's Lipsky Says Moderate World Recovery Underway - ABC News
- Egg farmers: Good managing can help control salmonella - USA Today
- UN calls special meeting to address food shortages amid predictions of riots - The Guardian
- Review & Outlook: The Diviner of System Risk - Wall Street Journal
- ... more feeds
- Commodities ( 51 feeds / 2 sources )
- U.S. Showing No Signs of Reducing Dependence on Foreign Oil (Business Wire)
DENVER----Speaking as a special guest at the Project New West Summit, energy expert T. Boone Pickens updated Western senators, governors and state leaders on the level of foreign oil imported by the United States in July 2009. - Oil rises above $71 as stock markets rally (AP)
Oil prices rose above $71 a barrel Thursday as stock markets rallied and after the International Energy Agency boosted its global crude demand forecast. - MarkWest Energy Partners Announces Pricing of Upsized Public Offering of Common Units (Business Wire)
DENVER----MarkWest Energy Partners, L.P. announced today that it priced an upsized public offering of 5,200,000 primary common units at $20.95 per common unit. In addition, an entity controlled by a director of the general partner of the Partnership is selling an additional 300,000 secondary common units at the same public offering price. - ADA-ES Reports Second Quarter Results (Business Wire)
LITTLETON, Colo.----ADA-ES, Inc. today announced financial results for the second quarter ended June 30, 2009. - Wheat production outlook improves in ND (AP)
The outlook for North Dakota's wheat has improved dramatically over the past month, with cool weather and timely rain. The state could see its highest spring wheat production in more than a decade. - 2nd-largest corn, record soybean crop predicted (AP)
U.S. farmers weathered soggy summer conditions to produce what is expected to be the second-largest corn crop on record and the biggest soybean crop in history, the U.S. Department of Agriculture announced Wednesday. - Royal Gold Reports Record Revenue and Free Cash Flow for Fiscal 2009 and Fourth Quarter (Business Wire)
DENVER----ROYAL GOLD, INC. , a leading precious metals royalty company, today announced record royalty revenue of $73.8 million for fiscal 2009 , an 11% increase over revenues of $66.3 million in fiscal 2008. - Clayton Williams Energy Provides Financial Guidance for 2009 (Business Wire)
MIDLAND, Texas----Clayton Williams Energy, Inc. today filed a Form 8-K with the Securities and Exchange Commission to provide financial guidance disclosures for the year ending December 31, 2009. - Research and Markets: Global Gamma Camera Clinical Trial Analysis: Detailed Analysis Pertaining to Product Clinical Trials Being Carried out by Gamma Camera Manufacturers (Business Wire)
DUBLIN----Research and Markets has announced the addition of Global Markets Direct's new report "Gamma Camera Clinical Trial Analysis" to their offering. - Alibaba.com Reports Strong Customer Net Additions With Paying Members Surpassing Half a Million in Q2 2009 (Business Wire)
HONG KONG----Alibaba.com Limited : - ... more feeds
- Economy ( 78 feeds / 2 sources )
- Obama's economy boost - just don't call it stimulus
President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.  - Where the jobs are now, and where they'll be next
U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.  - Signs of life in the job market
Businesses are hiring, but not enough to make up for the massive losses of temporary government jobs.  - Should US government debt be rated junk?
A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.  - How trader Dick morphed into banker CEO Dick Fuld
The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.  - Family insurance costs skyrocket 14%
American workers are taking yet another blow to their wallets this year -- a whopping 14% jump in costs to insure their families.  - Harrisburg, Penn., defaulting on its bonds
The capital city Pennsylvania is broke and will be skipping this month's multi-million dollar bond payment.  - Back to school sales get an A
Retailers reported surprisingly strong August same-store sales as many consumers braved scorching summer temperatures to bag juicy discounts on school-related products.  - Strongest jobs recovery in decades. Seriously
A jobless recovery? Hardly.  - Jobless claims decline, but not enough
The number of first-time filers for unemployment insurance fell for a second straight week last week, but the level suggests that the labor market remains sluggish.  - ... more feeds
- Forex ( 181 feeds / 2 sources )
- Currency Majors Technical Perspective
EUR/USD Current price: 1.4155 Pair remains trapped in the 1.4105/1.4200 range it has been for the past 24 hours, and consolidation will likely extend ahead of Wednesday afternoon FOMC Minutes. Nikkei 225 opened 0.9% down, yet flat indicators in the hourly gave no clear clues; bigger time frames are slightly bullish at this point thus the pair will need to clearly break above 1.4200 to confirm some upside continuation. At this point sentiment remains mixed across the board. Support levels:


- Traders lock in profits ahead of event risk
The longs have finally been convinced to take some of their profits off of the table. Despite what might have occurred given the dramatic gains, the selling pressure was moderate at best. Investors are looking forward to the Fed's comments regarding the state of the economy. Oh yeah, and they also might be interested in the interest rate decision. We have been suggesting that the rally has gotten away from what may be the reality, and the Fed's wording could have a large impact on whether the


- Warming up with the 3-year auction
After a slow start to the news week, traders were able to gnaw their teeth on this afternoons 3-year note auction. However, with the 10 and 30-year auctions and the FOMC interest rate decision looming, the market is bracing itself for volatility. Today's auction went relatively well; $37 billion in 3-year notes were met with a bid to cover of 2.89 and a lower than expected yield of 1.78%. Additionally, foreign buyers stepped up their game; the indirect bidder participation was 62.5%. Much of


- Treasury Futures Rally on Increased Auction Demand
Today’s Treasury auction saw great demand which helped drive up the price of September Treasury Bonds. Investors were encouraged to buy the 3-year Notes at the auction because of the attractive yield and the weakness in the equity markets. Overseas demand was particularly stronger compared to the last three months. This could be an indication that foreign central banks are regaining confidence in the U.S. ability to pay back its debt obligations. U.S. equity


- USD JPY Plunges on Stock Market Weakness
Japanese Yen traders shrugged off discouraging news by the Bank of Japan and instead focused on the U.S. equity markets for direction. The BoJ offered no support for the Yen following a rather pessimistic outlook for the Japanese economy. Japanese interest rates were kept at historically low levels while the BoJ felt that a turn around in the global economy would not have a significantly strong effect on the Japanese economy. The commentary from the BoJ was


- Forex: Majors consolidate ahead of FOMC
FXstreet.com (Buenos Aires) - Considering the risk of the event, European majors will likely spend the Asian session consolidating in past Tuesday’s range ahead of FOMC Minutes. Market players will be focusing in QE and if the FED plans either to extend it, or plan an exit, as rates are widely expect to remain unchanged. For next session however, and adding thin trading flows due to summer holidays and the lack of cues ahead of FED’s announcements, EUR/USD will likely remain between 1.4110/1.4200 as well as GBP/USD between 1.6430/1.6520 range. Different scenario for Japanese yen, as Nikkei 225 is expected to fall following Wall Street; the currency is hovering around the 96.00 level against greenback and is likely to continue strengthening, thus the movement will remain limited also ahead of FOMC. For more information, read our latest forex news.


- Wall Street falls ahead of FOMC; Yen rockets
FXstreet.com (Córdoba) – Markets in the US fell the day before the FED’s decision. Crude-oil futures ended below $70 a barrel. The Yen was the main winner of the day among currencies, rising across the board. Dollar finished mix practically unchanged against EUR and GBP. USD/JPY tumbled for the second day in a row. The pair fell from 97.05 to 95.75, from there rebounded but is having difficulties to get back above 96.00. After reaching a one-month high on Friday at 97.80, the Dollar weakened and has accumulated a decline of more than 180 pips. The Yen rose across the board. Against European currencies completed the second day with sharp gains. GBP/JPY plunged below 160.00 to 157.80. Currently the pair is back above 158.25 but far from Friday’s high at 163.05. EUR/JPY fell from 137.45 to 135.20 and currently is attempting to reach levels on top of 136.00. Dollar ended mix. EUR/USD finished Tuesday at the same levels it had at the begging of the day. Same situation applies to GBP/USD. Cable ended only a few pips below the opening price. It was the fourth consecutive day with losses for the pair. For more information, read our latest forex news.


- Q2 Productivity Surge is Temporary
Q2 Productivity Surge is Temporary Productivity of the U.S economy rose 6.4% in the second quarter after a 0.3% increase in the prior quarter. Although output declined, hours worked fell more sharply and led to an increase in productivity. Productivity gains toward the end of a recession and the beginning of recovery are typical (see chart 1) and they reflect cost cutting strategies of firms. The surge in productivity registered in the second quarter is not representative of the long-term


- USD Edges Up, Eyes FOMC
8/11/2009 3:20 PM: EUR/$..1.4146 $/JPY..96.00 GBP/$..1.6478 $/CHF..1.0816 AUD/$..0.8296 $/CAD..1.1012 USD Edges Up, Eyes FOMC The dollar and yen were higher in Tuesday trading amid renewed declines in the equity bourses. The Nasdaq and the S&P 500 were lower by 1% and the Dow Jones softer by 0.75% in afternoon trading. Earlier US economic reports were mixed with Q2 labor costs falling by more than expected to -5.8%, compared with a negative revised Q1 figure at -2.7% and a sharply higher


- New York Session
Weaker data out of China overnight continued to weigh on risk trades during the NY session, with commodity currencies (AUD, CAD, and NZD) coming under pressure. Slower Chinese exports and imports suggest waning demand for commodities and thus diminished appeal of holding long AUD or CAD positions, in particular. Negative banking analyst comments hurt financial shares in the US, which led broader markets lower by more than 1%, sending JPY-crosses (carry trades) lower in


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- Stocks ( 85 feeds / 2 sources )
- Stocks edge lower after jobs, retail data (AP)
Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors' optimism about the economy. - LDK shares fall on 2Q loss, analyst rates "Sell" (AP)
Shares of solar cell wafer maker LDK Solar Co. Ltd. tumbled on Thursday, the morning after the company posted a second-quarter loss as it wrote down the plummeting value of its inventory. - Walmart results lift Wall Street at open (Reuters)
U.S. stocks opened slightly higher on Thursday after Wal-Mart Stores Inc reported quarterly results that beat expectations. - Ahead of the Bell: Ticketmaster to give 2Q results (AP)
Ticketmaster Entertainment Inc.'s second quarter results, due out Thursday, may give a sense of how well the company can keep its dominant grip on ticket selling. - Ahead of the Bell: Advance Auto Parts decline (AP)
Shares of Advance Auto Parts Inc. fell in premarket trading Thursday as two analysts described its do-it-yourself business as soft and lackluster despite an increase in second-quarter profit and revenue. - Ahead of the Bell: Semiconductor stocks (AP)
Semiconductor companies are seeing orders pick up in August, pointing to a strong third quarter for a hard-hit industry, a Robert W. Baird analyst said Thursday. - Ahead of the Bell: 'Buy' rating on URS reiterated (AP)
An analyst on Thursday reiterated his "Buy" rating on shares of URS Corp., saying the engineering and construction contractor's increasingly diverse end markets and global presence should boost its value. - Ahead of the Bell: J. Crew upgraded (AP)
Preppy retailer J. Crew Group Inc.'s trendy merchandise, strong customer traffic and top-notch management were among the reasons that led an analyst to upgrade the stock on Thursday. - Ahead of the Bell: U-Store-It offering (AP)
U-Store-It Trust, which provides business and personal self-storage facilities, is on the right track as it seeks to reduce its debt, but refinancing costs could cut into earnings, an analyst said Thursday. - Ahead of the Bell: Interpublic upgraded (AP)
Interpublic Group of Cos. is set to restore its profit margins as the economy recovers, a Deutsche Bank analyst said Thursday, upgrading shares to "Buy" from "Hold." - ... more feeds
- Top Stories ( 75 feeds / 3 sources )
- Obama says his economic policies halted "bleeding"
WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.


 - Earl fizzles as it sweeps through Maritime Canada
HALIFAX, Canada (Reuters) - Hurricane Earl made landfall in Canada on Saturday and fizzled after a series of scares along the U.S. East Coast, flooding roads, felling trees and cutting power to tens of thousands in the Atlantic province of Nova Scotia.


 - Taxpayers likely to face initial loss on GM IPO: sources
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.


 - Thousands protest French clampdown against Roma
PARIS (Reuters) - Tens of thousands protested across France on Saturday against a clampdown on immigrants, launching a week of action over policies on which President Nicolas Sarkozy has staked his political reputation.


 - Gales, aftershocks shake quake hit New Zealand city
WELLINGTON (Reuters) - Strong aftershocks and gale-force winds buffeted a clean-up of New Zealand's second biggest city on Sunday following the country's most damaging earthquake in 80 years.


 - Venezuela OKs payment for French retailer Casino
CARACAS (Reuters) - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.


 - Minister says Pakistani militants stoking sectarian rift
ISLAMABAD (Reuters) - Pro-Taliban Pakistani militants are trying to create a sectarian rift, Interior Minister Rehman Malik said on Saturday, as a new wave of violence piled pressure on a government already struggling with a flood crisis.


 - Mexican judge orders drug lord held 40 more days
MEXICO CITY (Reuters) - A Mexican judge ordered Edgar "La Barbie" Valdez, believed to be one of the country's top drug bosses, held for 40 more days of investigation, the federal prosecutor's office said on Saturday.


 - BP Gulf well "secured," awaiting final kill: U.S.
HOUSTON (Reuters) - BP Plc's ruptured Gulf of Mexico oil well is secure with no threat of spewing crude again, the top U.S. official overseeing the spill response said


 - Karzai announces "peace council" to push Taliban talks
KABUL (Reuters) - An Afghan peace council to pursue talks with the Taliban has been set up, President Hamid Karzai said on Saturday, the latest step in a gradual move toward reconciliation with the Islamist insurgents.


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