Search results

A free fall in tax revenue is driving more state lawmakers to turn to broad-based tax increases in a bid to close widening budget gaps. At least 10 states are considering some kind of major increase in sales or income taxes: Arizona, Connecticut, Delaware, Illinois, Massachusetts, Minnesota...

German Industrial Production for February -21.7 % yoy, -3% mom. ... Sell ! And yes, still short.

April 9 (Bloomberg) -- Hong Kong plans to be the first city outside mainland China to start settling trade in yuan, expanding use of the currency in a city whose exchange rate is pegged to the dollar, Chief Executive Donald Tsang said. “It will reduce foreign-exchange risks for companies...

Hospitality Properties Trust (NYSE: HPT) today announced that it has suspended its regular quarterly distributions to common shareholders for the remainder of 2009. The suspension of common share distributions is the result of current conditions in the capital markets. HPT currently expects...

Japanese private-sector core machinery orders chalked up a seasonally adjusted 1.4% rise in February from the previous month, the Cabinet Office reported Thursday, marking a much better-than-expected showing for the leading indicator. A Kyodo News survey had yielded an average market...

I am sure statistical arbitrage desks are preparing "uptick" patterns, just to short stocks in question 10 milliseconds later...:D

Most banking stocks in Brazil fell Thursday after the country's president ousted the head of a federally run bank, spiking fears of greater government control of the sector. ... Consumers who took out personal loans paid an average annual rate of 52.7% in 2008, according to data...

Goldman Sachs is expected to kick off earnings season on April 14 and return to profit after its first quarterly loss as a public company.

240 min SMA 4358.50

The pound’s slide against the euro has begun to trigger concerns on the continent that the UK is seeking to gain a competitive advantage over its European Union partners, the FT reported. Sterling has fallen by more than 25 per cent on a trade-weighted basis since the autumn of 2007, raising...

Short 4376.00

Daimler upgraded to buy from neutral at Goldman Sachs... Tomorrow Daimler shall be a short:) You bet their investment banking arm is looking for some "consultancy business":D

Last time you posted, it occured to be an excellent short opprtunity. Went from 100 down to below 80. Shouldn´t be different this time.

Once upon a time there was a princess called Sheila. Sheila was in charge of a small but important slice of the Kingdom, known as FDIC. All was well in Sheila’s fiefdom. Since the Glass-Steagal Revolution she had ruled over FDIC, charged with insuring the resources of the land and...

:)

German exports dropped for a fifth month in February, pushing Europe’s largest economy deeper into recession. Sales abroad, adjusted for working days and seasonal changes, fell 0.7 percent from January, when they slipped a revised 7.4 percent, the Federal Statistics Office in Wiesbaden...

German exports dropped for a fifth month in February, pushing Europe’s largest economy deeper into recession. Sales abroad, adjusted for working days and seasonal changes, fell 0.7 percent from January, when they slipped a revised 7.4 percent, the Federal Statistics Office in Wiesbaden...

Interesting piece of history... FDAX daily SMA 4230.00...

April 7 (Bloomberg) -- Ireland’s government cut its economic outlook, increased taxes and said it will take control of banks’ toxic real estate loans to protect the country and its financial industry from the worst global recession since World War II. “Our confidence, our finances, our...

While March saw equity markets rallying - the experience of the corporate credit sector was somewhat different. RBC Capital has a summary of Moody’s March default report, released late Monday. Moody’s released its default report for March which saw a pick-up in the default rate from...