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HONG KONG (MarketWatch) -- China's gross domestic product expanded by 7.9% in the three months ended June 30 from the year-ago period, driven by domestic consumption and a strong increase in industrial activity, Chinese government data showed Thursday. The growth rate was higher than the 7.7%...

About Litton LITTON LOAN SERVICING LP—A PROUD HISTORY Great ideas are often developed in times of adversity. During the difficult Texas real estate market of the 1980s, Larry B. Litton, Sr. pioneered an innovative approach to mortgage loan servicing that is recognized today as a national...

Morgan Stanley chief John Mack recently made a new friend, he told shareholders in April -- a Southern woman who had benefited from the big bank's stepped-up efforts to modify loans under a new federal program aimed at keeping borrowers in their homes. "I'm now invited -- if I ever visit...

A default by CIT, the troubled US commercial lender, could trigger widespread losses for investors in the $600bn market for synthetic collateralised debt obligations. CIT is the second most widely referenced company in synthetic CDOs after Volkswagen, with almost two-thirds of those rated by...

There is an old saying : follow the money. If GS has full boat of CDS like discussed here : Jim Bianco has a fascinating post at The Big Picture, asking what is Goldman Sachs? His answer: one big credit portfolio. And he has some convincing charts, including this one, showing the...

http://www.marketwatch.com/investing/stock/cit

Short 928.75. My last Fibonacci bastion. :D

LOL ! :D :p :)

NEW YORK (MarketWatch) -- U.S. financial stocks rose Wednesday after Capital One Financial Corp. announced better-than-expected charge-off and delinquency rates, making it the leading sector gainer in morning trade. COF disclosed in a regulatory filing with the U.S. Securities and Exchange...

June industrial output down 12.1% on year.. NEW YORK (MarketWatch) -- Russia's June industrial production declined by 12.1% year-on-year after its record-high 17.1% drop in May, according to media reports on Wednesday. On a month-to-month basis, non-seasonally adjusted industrial output rose...

1) Resistance 920.25 2) 938.25 3) Macroeconomic data to come in next month "better then expected"...

4863.50, 15 min SMA...

Hum...we shot over my target...proceeds go into European session...FDAX, FTSE, CAC 40, Eurostoxx crying for some further upward movement, although we ready for some pullback...:)

China’s steel industry has been hit with sharply higher spot prices for iron ore as mills scramble for imports ahead of expected import curbs linked to an inquiry involving spying charges against Rio Tinto, the Anglo-Australian miner. Steel Business Briefing, the consultancy in Shanghai...

There are two clear takeaways from the analyst reaction to Goldman’s blow-out second-quarter results on Tuesday. Firstly, while the results were pretty impressive, there’s a lot of uncertainty about where future profits will be coming from. Secondly, there’s some concern about the bank...

4887.50 next resistance...

I am not up to date with Lee Iacocca, but I remember reading his autobiography 20 years ago. Iacocca: An Autobiography is Lee Iacocca's best selling autobiography, co-authored with William Novak and originally published in 1984. Most of the book is taken up with reminiscences of Iacocca's...

1000 lot 901 sellers meeting 900.25 1000 lot buyers ( increments of 250 lots )

I had the same "thought", but then recalling Whitney´s recommendation and Merrill´s I bought some more shares this morning...

Suri, excellent call. :)