Monday, June 3, 2013

04-Jun-2013 08:40

Euro-Area Manufacturing Activity Shrinks Less Than Estimated - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/euro-area-manufacturing-activity-shrinks-less-than-estimated-1-.html

Council identifies non-bank financial companies for additional supervision - Washington Post :: http://www.washingtonpost.com/business/economy/council-identifies-non-bank-financial-companies-for-additional-supervision/2013/06/03/b4754d6a-cc63-11e2-9f1a-1a7cdee20287_story.html

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

US manufacturing index for April unexpectedly declines - Washington Post :: http://www.washingtonpost.com/business/economy/us-manufacturing-index-for-april-unexpectedly-declines/2013/06/03/6aa12ce6-cc8a-11e2-8845-d970ccb04497_story.html

Billabong Loses Third of Market Value as Takeover Talks End - Bloomberg :: http://www.bloomberg.com/news/2013-06-04/billabong-takeover-talks-end-as-it-turns-to-refinancing-plans.html

New York Hilton's plan to end room service could gain following - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-new-york-hiltons-plan-to-end-room-service-could-gain-following-20130603,0,6340448.story

Four years after bankruptcy, GM set to rejoin S&P 500 - The Detroit News :: http://www.detroitnews.com/article/20130604/AUTO0103/306030043/1148/auto01/Four-years-after-bankruptcy-GM-set-rejoin-S-P-500

RBA Sees Further Rate-Cut Scope as Aussie Remains High: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-06-04/rba-holds-key-rate-at-record-low-2-75-after-currency-weakens.html

Europe Futures, Asian Stocks Gain With Won as Fed Concern Eases - Bloomberg :: http://www.bloomberg.com/news/2013-06-04/asian-stocks-drop-as-topix-slumps-won-strengthens-oil-declines.html

Zynga may be shutting OMGPOP game studio that it bought for $180M - VentureBeat :: http://venturebeat.com/2013/06/03/zynga-may-be-shutting-omgpop-game-studio-that-it-bought-for-180m/
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04-Jun-2013 07:39

Stocks End Near Session Highs, All S&P Sectors Higher; ZNGA Skids 12% - CNBC.com :: http://www.cnbc.com/id/100784440

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

Japan total cash earnings slightly up as 'Abenomics' has limited impact on wages - Reuters :: http://www.reuters.com/article/2013/06/04/us-japan-economy-wages-idUSBRE95301S20130604

US manufacturing index for April unexpectedly declines - Washington Post :: http://www.washingtonpost.com/business/economy/us-manufacturing-index-for-april-unexpectedly-declines/2013/06/03/6aa12ce6-cc8a-11e2-8845-d970ccb04497_story.html

Zynga lays off 18% of staff - CNN :: http://money.cnn.com/2013/06/03/technology/social/zynga-layoffs/index.html

Billabong Loses Third of Market Value as Takeover Talks End - Bloomberg :: http://www.bloomberg.com/news/2013-06-04/billabong-takeover-talks-end-as-it-turns-to-refinancing-plans.html

US officials decide which nonbanks to term threats - The Guardian :: http://www.guardian.co.uk/world/feedarticle/10822157

New York Hilton's plan to end room service could gain following - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-new-york-hiltons-plan-to-end-room-service-could-gain-following-20130603,0,6340448.story

RBA Holds Key Rate at Record-Low 2.75% After Aussie Weakens - Bloomberg :: http://www.bloomberg.com/news/2013-06-04/rba-holds-key-rate-at-record-low-2-75-after-currency-weakens.html

Blue Chips Reclaim Some Lost Ground - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-244628/
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04-Jun-2013 06:38

Yen Has Fallen Too Far, Study Says - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-244540/

AIG, GM rejoin S&P 500 nearly five years after bailout - Reuters :: http://www.reuters.com/article/2013/06/04/us-gm-sp-idUSBRE95300B20130604

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

US manufacturing index for April unexpectedly declines - Washington Post :: http://www.washingtonpost.com/business/economy/us-manufacturing-index-for-april-unexpectedly-declines/2013/06/03/6aa12ce6-cc8a-11e2-8845-d970ccb04497_story.html

Zynga lays off 18% of staff - CNN :: http://money.cnn.com/2013/06/03/technology/social/zynga-layoffs/index.html

Asian shares capped, weak data support Fed stimulus hopes - Reuters :: http://www.reuters.com/article/2013/06/04/us-markets-global-idUSBRE88901C20130604

Billabong shares crater as takeover talks end - CNNMoney :: http://money.cnn.com/2013/06/04/investing/billabong/

US officials decide which nonbanks to term threats - The Guardian :: http://www.guardian.co.uk/world/feedarticle/10822157

Business highlights for Tuesday, June 4 - The Desert Sun :: http://www.mydesert.com/viewart/20130603/BUSINESS/306030018/Business-highlights-Tuesday-June-4

New York Hilton's plan to end room service could gain following - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-new-york-hiltons-plan-to-end-room-service-could-gain-following-20130603,0,6340448.story
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04-Jun-2013 05:37

Yen Has Fallen Too Far, Study Says - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-244540/

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

United Continental to Offer Annual Subscription Plans for Economy-Plus ... - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-707789.html?mod%3Dgooglenews_wsj

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

General Motors S&P 500 Inclusion Marks Another Step in Recovery - Businessweek :: http://www.businessweek.com/news/2013-06-03/general-motors-s-and-p-500-inclusion-marks-another-step-in-recovery

Stocks Gain as Weak Economic Data Bolsters Fed Stimulus - TheStreet.com :: http://www.thestreet.com/story/11939474/1/stocks-rise-on-prospects-stimulus-to-continue.html?cm_ven%3DGOOGLEN

US manufacturing index for April unexpectedly declines - Washington Post :: http://www.washingtonpost.com/business/economy/us-manufacturing-index-for-april-unexpectedly-declines/2013/06/03/6aa12ce6-cc8a-11e2-8845-d970ccb04497_story.html

Key details still unknown for insurance exchange - Coshocton Tribune :: http://www.coshoctontribune.com/article/20130603/NEWS01/306030009/Key-details-still-unknown-insurance-exchange

Zynga announces more job cuts and expects wider losses - BBC News :: http://www.bbc.co.uk/news/business-22763332

Asian shares edge up, weak data support Fed stimulus hopes - Reuters :: http://www.reuters.com/article/2013/06/04/us-markets-global-idUSBRE88901C20130604
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04-Jun-2013 04:36

Wall Street extends gains; Nasdaq turns positive - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-stocks-idUSBRE9520HU20130603

First US Floating Wind Turbine Deployed in Maine - SustainableBusiness.com :: http://www.sustainablebusiness.com/index.cfm/go/news.display/id/24941

Zynga slashes work force by a fifth, shares dive - Reuters :: http://www.reuters.com/article/2013/06/03/us-zynga-cuts-idUSBRE95211320130603

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

General Motors S&P 500 Inclusion Marks Another Step in Recovery - Businessweek :: http://www.businessweek.com/news/2013-06-03/general-motors-s-and-p-500-inclusion-marks-another-step-in-recovery

Obamacare nullification bill on SC Senate agenda - Hilton Head Island Packet :: http://www.islandpacket.com/2013/06/03/2527589/obamacare-nullification-bill-on.html

Regulators pick non-bank firms for more oversight - USA TODAY :: http://www.usatoday.com/story/money/business/2013/06/03/regulators-firms-oversight/2385855/

Dunkin' Donuts launches bacon, egg and glazed doughnut sandwich - Boston Herald :: http://bostonherald.com/news_opinion/local_coverage/2013/06/dunkin_donuts_launches_bacon_egg_and_glazed_doughnut_sandwich

US car sales up in May as demand surges for pickup trucks, SUVs - Gant Daily :: http://gantdaily.com/2013/06/03/u-s-car-sales-up-in-may-as-demand-surges-for-pickup-trucks-suvs/

US manufacturing index for April unexpectedly declines - Washington Post :: http://www.washingtonpost.com/business/economy/us-manufacturing-index-for-april-unexpectedly-declines/2013/06/03/6aa12ce6-cc8a-11e2-8845-d970ccb04497_story.html
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04-Jun-2013 03:35

Democrats ' New Argument : It's A Good Thing That Obamacare Doubles ... - Forbes :: http://www.forbes.com/sites/theapothecary/2013/06/03/democrats-new-argument-its-a-good-thing-that-obamacare-doubles-individual-health-insurance-premiums/

A measure of US manufacturing fell in May to lowest level since June 2009 - Washington Post :: http://www.washingtonpost.com/politics/a-measure-of-us-manufacturing-fell-in-may-to-lowest-level-since-june-2009/2013/06/03/45699a26-cc58-11e2-8573-3baeea6a2647_story.html

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

ECB backs away from use of 'big bazooka' to boost credit - Financial Times :: http://www.ft.com/cms/s/0/b43f0962-cc63-11e2-9cf7-00144feab7de.html

Stocks Reclaim Some Ground - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-244628/

Nissan May US Sales Rise 25%, Triple Industrywide Gain - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/nissan-may-u-s-sales-rise-25-triple-industrywide-gain.html

Would End of Fannie, Freddie Be Bad for Housing? - Fox Business :: http://video.foxbusiness.com/v/2431270892001/would-end-fannie-freddie-be-bad-for-housing

AIG, Prudential Named Systemically Important by Panel - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/u-s-regulators-vote-to-label-some-non-banks-systemically-risky.html

General Motors S&P 500 Inclusion Marks Another Step in Recovery - Businessweek :: http://www.businessweek.com/news/2013-06-03/general-motors-s-and-p-500-inclusion-marks-another-step-in-recovery

More Details On Why Zynga Laid Off 18% Of Its Workforce And How It's Shifting ... - TechCrunch :: http://techcrunch.com/2013/06/03/more-on-zynga-layoffs/
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04-Jun-2013 02:34

Affordable Care Act's challenge: getting young adults enrolled - Los Angeles Times :: http://www.latimes.com/news/local/la-me-young-adult-insure-20130603,0,3134348.story

The Crazy Global Bailed Out Financial Firm Recovery Trade - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/the-crazy-global-bailed-out-financial-firm-recovery-trade/

A measure of US manufacturing fell in May to lowest level since June 2009 - Washington Post :: http://www.washingtonpost.com/politics/a-measure-of-us-manufacturing-fell-in-may-to-lowest-level-since-june-2009/2013/06/03/45699a26-cc58-11e2-8573-3baeea6a2647_story.html

Ray of Light in European Economic Data - New York Times :: http://www.nytimes.com/2013/06/04/business/global/04iht-ecb04.html

UPDATE 3-Zynga slashes work force by a fifth, shares dive - Reuters :: http://www.reuters.com/article/2013/06/03/zynga-cuts-idUSL1N0EF1MX20130603

Stocks up despite weak manufacturing data - Newsday :: http://www.newsday.com/business/stocks-up-despite-weak-manufacturing-data-1.5393538?qr%3D1

The Lower Calorie Doughnut, Egg and Bacon Sandwich - ABC News :: http://abcnews.go.com/WNT/video/instant-index-lower-calorie-doughnut-egg-bacon-sandwich-19316457

Dollar bulls stampeded by data, Aussie eyes rate decision - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-forex-idUSBRE93E00320130603

Regulators propose new oversight of AIG, Prudential - Reuters :: http://www.reuters.com/article/2013/06/03/us-financial-regulation-fsoc-idUSBRE95217Y20130603

AIG, GM rejoin S&P 500 nearly five years after bailout - Reuters :: http://www.reuters.com/article/2013/06/04/us-gm-sp-idUSBRE95300B20130604
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04-Jun-2013 01:33

Japan Capital Spending Falls in Challenge for Abe's Campaign - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/japanese-capital-spending-slides-in-challenge-for-abe-s-campaign.html

The Crazy Global Bailed Out Financial Firm Recovery Trade - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/the-crazy-global-bailed-out-financial-firm-recovery-trade/

Treasurys Rose After US Manufacturing Sector Shrank in May - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-709715.html

Stocks Reclaim Some Ground - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-244628/

Dunkin' taking doughnut bacon sandwich national - Houston Chronicle :: http://www.chron.com/news/us/article/Dunkin-taking-doughnut-bacon-sandwich-national-4571260.php

Photo of Taco Bell worker licking shells sends shudders - USA TODAY :: http://www.usatoday.com/story/money/business/2013/06/03/taco-bell--gross-employee-action-public-relations-nightmare/2385919/

General Motors returning to S&P 500 - CNNMoney :: http://money.cnn.com/2013/06/03/investing/general-motors-sp-500/

UPDATE 3-Zynga slashes work force by a fifth, shares dive - Reuters :: http://www.reuters.com/article/2013/06/03/zynga-cuts-idUSL1N0EF1MX20130603

ObamaCare Bait and Switch - Wall Street Journal- India :: http://online.wsj.com/article/SB10001424127887323469804578523623272958456.html

AIG Among Non-Banks US Council Labels Systemically Important - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/u-s-regulators-vote-to-label-some-non-banks-systemically-risky.html
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04-Jun-2013 00:32

Hilton Kills Room Service in New York. It's About Time - Businessweek :: http://www.businessweek.com/articles/2013-06-03/hilton-kills-room-service-in-new-york-dot-its-about-time

Are Consumers, Businesses Expecting Lower Prices? - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-245083/

The Massachusetts (health care) experiment - CNNMoney :: http://money.cnn.com/2013/06/01/pf/massachusetts-health-care.moneymag/

Stocks Reclaim Some Ground - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-244628/

General Motors Rejoins S&P 500 After Four Years, Replacing Heinz - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/general-motors-rejoins-s-p-500-after-four-years-replacing-heinz.html

Photo of Taco Bell worker licking shells sends shudders - USA TODAY :: http://www.usatoday.com/story/money/business/2013/06/03/taco-bell--gross-employee-action-public-relations-nightmare/2385919/

UPDATE 5-Strong pickup truck sales boosted US autos in May - Reuters :: http://www.reuters.com/article/2013/06/03/usa-autosales-idUSL1N0EF0CV20130603

Zynga to Cut 18% of Workforce to Pre-IPO Level - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324563004578523532398972450.html

Bruce Berkowitz Places Bet on Fannie, Freddie - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-245140/
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03-Jun-2013 23:31

SEC suspends trading of 61 firms 'ripe' for fraud - MarketWatch :: http://www.marketwatch.com/story/sec-suspends-trading-of-61-firms-ripe-for-fraud-2013-06-03?link%3DMW_home_latest_news

Fairholme reports stake in Fannie, Freddie; wants restructuring - Reuters :: http://www.reuters.com/article/2013/06/03/usa-fanniefreddie-shares-idUSL1N0EF0QW20130603

Interior approves 3 renewable energy sites in West - Hilton Head Island Packet :: http://www.islandpacket.com/2013/06/03/2527241/interior-approves-3-renewable.html

Treasurys Rose After US Manufacturing Sector Shrank in May - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-709715.html

Stocks gain, dollar down; US manufacturing slips - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-global-idUSBRE88901C20130603

News Summary: US auto sales up 8 pct in May - Philly.com :: http://www.philly.com/philly/wires/ap/business/20130603_ap_newssummaryusautosalesup8pctinmay.html

The Donut Sandwich Is Here, So...Are Weight-Loss Costs Tax Deductible? - Forbes :: http://www.forbes.com/sites/anthonynitti/2013/06/03/the-donut-sandwich-is-here-so-are-weight-loss-costs-tax-deductible/

Twitter goes down for some users, says working on fix - Reuters :: http://www.reuters.com/article/2013/06/03/net-us-twitter-outage-idUSBRE95215E20130603

UPDATE 2-Zynga slashes work force by a fifth, shares dive - Reuters :: http://www.reuters.com/article/2013/06/03/zynga-cuts-idUSL1N0EF1MX20130603

New York Hilton Midtown, the largest hotel in NYC, is ending its room service - Crain's New York Business :: http://www.crainsnewyork.com/article/20130531/HOSPITALITY_TOURISM/130539976
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03-Jun-2013 22:30

Democrats ' New Argument : It's A Good Thing That Obamacare Doubles ... - Forbes :: http://www.forbes.com/sites/theapothecary/2013/06/03/democrats-new-argument-its-a-good-thing-that-obamacare-doubles-individual-health-insurance-premiums/

MONEY MARKETS-Bets ditched on negative deposit rate before ECB - Reuters :: http://www.reuters.com/article/2013/06/03/markets-money-idUSL5N0EF2YJ20130603

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

Treasury Yields at Almost 14-Month Highs Amid Fed Speculation - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/treasuries-erase-gains-as-fed-s-lockhart-raises-tapering-concern.html

UPDATE 3-Strong pickup truck sales boosted US autos in May - Reuters :: http://www.reuters.com/article/2013/06/03/usa-autosales-idUSL1N0EF0CV20130603

Walmart Announces New Grocery Focus - CSNews Online :: http://www.csnews.com/top-story-business_focus-walmart_announces_new_grocery_focus-63760.html

US manufacturing gauge sinks to June 2009 level - The Guardian :: http://www.guardian.co.uk/world/feedarticle/10821686

Zynga's Shares Get Crushed As Mark Pincus Tries Another Reboot - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/zyngas-shares-get-crushed-as-mark-pincus-tries-another-reboot/

Is end of room service in sight? New York Hilton Midtown closes in-room dining - Toronto Star :: http://www.thestar.com/business/2013/06/03/is_end_of_room_service_in_sight_new_york_hilton_midtown_closes_inroom_dining.html

Stocks gain, dollar down; US manufacturing slips - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-global-idUSBRE88901C20130603
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03-Jun-2013 21:29

The Crazy Global Bailed Out Financial Firm Recovery Trade - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/the-crazy-global-bailed-out-financial-firm-recovery-trade/

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

Wal-Mart adds money-back guarantee on produce - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-walmart-produce-guarantee-20130603,0,1828178.story

ECB backs away from use of 'big bazooka' to boost credit - Financial Times :: http://www.ft.com/cms/s/0/b43f0962-cc63-11e2-9cf7-00144feab7de.html

A tale of a two-speed economy - Financial Times :: http://www.ft.com/cms/s/0/e0cf8d26-cc6d-11e2-9cf7-00144feab7de.html

UPDATE 3-Strong pickup truck sales boosted US autos in May - Reuters :: http://www.reuters.com/article/2013/06/03/usa-autosales-idUSL1N0EF0CV20130603

'Room Service' No Longer Heard at NYC's Largest Hotel - CNBC.com :: http://www.cnbc.com/id/100785190

Stocks struggle, dollar down; US manufacturing slips - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-global-idUSBRE88901C20130603

Surprise Factory Downturn Holds Back US Growth: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/may-ism-manufacturing-index-decreased-to-49-from-50-7-in-april.html

Zynga announces more layoffs - USA TODAY :: http://www.usatoday.com/story/tech/gaming/2013/06/03/zynga-layoffs/2385291/
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03-Jun-2013 20:28

Freddie Mac, Fannie Mae and FHLB 2013 note calendar - Reuters :: http://www.reuters.com/article/2013/06/03/idUSL1N0EF0LC20130603

TREASURIES-US bond prices rebound as factory sector weakens - Reuters :: http://www.reuters.com/article/2013/06/03/markets-usa-bonds-idUSL1N0EF0VL20130603

MARKET COMMENT: European Stocks Drop on China, US Data - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-707709.html

Hilton Kills Room Service in New York. It's About Time - Businessweek :: http://www.businessweek.com/articles/2013-06-03/hilton-kills-room-service-in-new-york-dot-its-about-time

Surprise Manufacturing Downturn Holds Back US Growth: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/may-ism-manufacturing-index-decreased-to-49-from-50-7-in-april.html

Dunkin' Donuts' Doughnut Bacon Sandwich Isn't As Bad As You Think - TIME :: http://newsfeed.time.com/2013/06/03/dunkin-donuts-doughnut-bacon-sandwich-isnt-as-bad-as-you-think/

IMF halves German growth forecast for 2013 - BBC News :: http://www.bbc.co.uk/news/business-22755018

Wal-Mart adds money-back guarantee on produce - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-walmart-produce-guarantee-20130603,0,1828178.story

Stocks mixed on weak manufacturing data - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/06/03/stocks-monday-6-3/2383535/

UPDATE 3-Strong pickup truck sales boosted US autos in May - Reuters :: http://www.reuters.com/article/2013/06/03/usa-autosales-idUSL1N0EF0CV20130603
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03-Jun-2013 19:27

The Crazy Global Bailed Out Financial Firm Recovery Trade - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/the-crazy-global-bailed-out-financial-firm-recovery-trade/

Cadillac's 40 percent jump lifts GM sales in May - Lansing State Journal :: http://www.lansingstatejournal.com/article/20130603/BUSINESS01/306030035/Cadillac-s-40-percent-jump-lifts-GM-sales-May

US construction spending up slightly, supported by businesses - Reuters :: http://www.reuters.com/article/2013/06/03/usa-economy-construction-idUSL2N0EC21H20130603

SEC Suspends Trading In 61 Penny Stocks - TheStreet.com :: http://www.thestreet.com/story/11939741/1/sec-suspends-trading-in-61-penny-stocks.html?cm_ven%3DGOOGLEN

Heinz says it has regulatory approvals for deal - Houston Chronicle :: http://www.chron.com/business/article/Heinz-says-it-has-regulatory-approvals-for-deal-4571478.php?World_Business_News%3D

Global stocks, dollar fall as US manufacturing contracts - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-global-idUSBRE88901C20130603

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

MARKET COMMENT: European Stocks Drop on China, US Data - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-707709.html

Hilton Kills Room Service in New York. It's About Time - Businessweek :: http://www.businessweek.com/articles/2013-06-03/hilton-kills-room-service-in-new-york-dot-its-about-time

Surprise Manufacturing Downturn Holds Back US Growth: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/may-ism-manufacturing-index-decreased-to-49-from-50-7-in-april.html
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03-Jun-2013 18:26

The Crazy Global Bailed Out Financial Firm Recovery Trade - Forbes :: http://www.forbes.com/sites/nathanvardi/2013/06/03/the-crazy-global-bailed-out-financial-firm-recovery-trade/

TREASURIES-US bond prices rise as factory sector weakens - Reuters :: http://www.reuters.com/article/2013/06/03/markets-usa-bonds-idUSL1N0EF0P720130603

US construction spending up slightly, supported by businesses - Reuters :: http://www.reuters.com/article/2013/06/03/usa-economy-construction-idUSL2N0EC21H20130603

ISM manufacturing gauge worst in 4 years - MarketWatch :: http://www.marketwatch.com/story/ism-manufacturing-gauge-worst-in-four-years-2013-06-03

Heinz says it has regulatory approvals for deal - Houston Chronicle :: http://www.chron.com/business/article/Heinz-says-it-has-regulatory-approvals-for-deal-4571478.php?World_Business_News%3D

GLOBAL MARKETS-Stocks, dollar fall as US manufacturing contracts - Reuters :: http://www.reuters.com/article/2013/06/03/markets-global-idUSL1N0EF0TT20130603

Car sales continue to gain in May - CNNMoney :: http://money.cnn.com/2013/06/03/news/companies/car-sales-may/

Dunkin' to introduce bacon, egg, doughnut sandwich - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-dunkin-donuts-bacon-doughnut-sandwich-20130603,0,2917882.story

GLOBAL ECONOMY-US, Chinese manufacturing shrink, stoking growth fears - Reuters :: http://www.reuters.com/article/2013/06/03/global-economy-pmi-idUSL1N0EF0F920130603

Chrysler, Ford, GM See Big Sales Upswing in May - CNBC.com :: http://www.cnbc.com/id/100783683
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03-Jun-2013 17:25

Bidding begins for lunch with Warren Buffett - CNN :: http://money.cnn.com/2013/06/03/investing/buffett-charity-lunch-auction/

Construction Spending in US Increases on Private Building - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/construction-spending-in-u-s-increases-on-private-building.html

GM says May sales strongest since Sept. of 2008 - Boston.com :: http://www.boston.com/cars/news-and-reviews/2013/06/03/says-may-sales-strongest-since-sept/MWRLu2QtJjCgTGmrn2U1hL/story.html

Fed's Williams Says Sees Potential QE Taper This 'Summer' - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/fed-s-williams-says-sees-potential-qe-taper-by-summer-.html

IMF Halves German GDP Growth Forecast to 0.3% for 2013 - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-706449.html?mod%3Dgooglenews_wsj

Manufacturing activity sinks to 4-year low - USA TODAY :: http://www.usatoday.com/story/money/business/2013/06/03/manufacturing-index-may-lowest-level-since-june-2009/2384163/

GLOBAL ECONOMY-US, Chinese manufacturing shrink, stoking growth fears - Reuters :: http://www.reuters.com/article/2013/06/03/global-economy-pmi-idUSL1N0EF0F920130603

Ford, Chrysler sales best in years; Caddy powers GM - USA TODAY :: http://www.usatoday.com/story/money/cars/2013/06/03/chrysler-general-motors-ford-sales/2378505/

Stocks start mixed; automakers rise - Boston.com :: http://www.boston.com/business/markets/2013/06/03/stocks-start-mixed-automakers-rise/CtR0cBrghuwBkPviFAeuBL/story.html

Wheat Futures Rise; Crop Delays Overshadow GMO Wheat Concerns - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-706501.html
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03-Jun-2013 16:24

UPDATE 1-Rio draws up shortlist for Canada iron ore sale-sources - Reuters :: http://www.reuters.com/article/2013/06/03/riotinto-canada-idUSL5N0EF29M20130603

Bidding begins for lunch with Warren Buffett - CNN :: http://money.cnn.com/2013/06/03/investing/buffett-charity-lunch-auction/

Shooting at South African Lonmin mine kills 1 shop steward in union rivalry - Fox News :: http://www.foxnews.com/world/2013/06/03/shooting-at-south-african-lonmin-mine-kills-1-shop-steward-in-union-rivalry/

UPDATE 2-Fed bond buying could slow, inflation needs watching -Williams - Reuters :: http://www.reuters.com/article/2013/06/03/usa-fed-williams-idUSL5N0EF1W920130603

Singapore PMI rises in May on stronger orders - Reuters :: http://www.reuters.com/article/2013/06/03/singapore-economy-pmi-idUSL3N0EF23H20130603

Ford recalling 465K cars for fuel leak - CNNMoney :: http://money.cnn.com/2013/06/03/autos/ford-recall/

US Stocks Mixed to Kick Off June - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-705740.html

Construction Spending in US Increases on Private Building - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/construction-spending-in-u-s-increases-on-private-building.html

manufacturing contracts for 1st time in 6 months - CNN :: http://money.cnn.com/2013/06/03/news/economy/ism-manufacturing/

Caddy powers GM; Chrysler May is best since 2007 - USA TODAY :: http://www.usatoday.com/story/money/cars/2013/06/03/chrysler-general-motors-ford-sales/2378505/
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03-Jun-2013 15:23

Monsanto tells EU scientists how to test for rogue GMO wheat - Reuters :: http://www.reuters.com/article/2013/06/03/us-wheat-europe-idUSL5N0EF1R320130603

China Growth Limited by Struggling Small Manufacturers - Bloomberg :: http://www.bloomberg.com/news/2013-06-02/china-sees-economy-stabilizing-as-manufacturers-signal-expansion.html

World stock markets fall on Fed uncertainty - The Guardian :: http://www.guardian.co.uk/world/feedarticle/10821268

Three Bullets for Draghi as ECB Set to Downgrade Growth - CNBC.com :: http://www.cnbc.com/id/100784086

Iata upgrades airline profit forecast - Financial Times :: http://www.ft.com/cms/s/0/ecbfa3ba-cc35-11e2-bb22-00144feab7de.html

German Bunds Drop on Williams Comments as Spanish Bonds Decline - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/germany-s-bonds-little-changed-before-euro-area-pmi-output-data.html

Miner shot dead at Lonmin mine in South Africa - Reuters :: http://www.reuters.com/article/2013/06/03/us-safrica-strikes-lonmin-idUSBRE9520EZ20130603

Solar Impulse Airplane Leaves Texas, Bound for St. Louis - NBC Bay Area :: http://www.nbcbayarea.com/news/local/Solar-Impulse-Airplane-Leaves-Texas-Bound-for-St-Louis-209911551.html

Chrysler May Sales Soar, Hinting at Auto Sector Rebound - CNBC.com :: http://www.cnbc.com/id/100783683

Greece's Alpha Bank Raises Capital to Avoid Full Nationalization - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-704704.html
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03-Jun-2013 14:22

Germany to help Spain with credit for growth, jobs - San Bernardino Sun :: http://www.sbsun.com/business/ci_23376246/germany-help-spain-credit-growth-jobs

Airline Chiefs Back Common Approach to CO2 Curbs at IATA AGM - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/airline-chiefs-back-common-approach-to-co2-curbs-at-iata-agm.html

Solar Impulse leaves Dallas for St Louis in trans-America bid - BBC News :: http://www.bbc.co.uk/news/science-environment-22754126

Ahead of the bell: Adviser supports Sprint deal - News 12 Westchester :: http://westchester.news12.com/business/ahead-of-the-bell-adviser-supports-sprint-deal-1.5393480

South Africa Mining Union Says Member Shot Dead - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324063304578522892452607134.html

China Growth Limited by Struggling Small Manufacturers - Bloomberg :: http://www.bloomberg.com/news/2013-06-02/china-sees-economy-stabilizing-as-manufacturers-signal-expansion.html

Stock futures up as focus shifts to US data from China - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-stocks-idUSBRE9520HU20130603

Euro Little Changed After Manufacturing Shrinks at Slower Pace - Businessweek :: http://www.businessweek.com/news/2013-06-02/euro-holds-losses-before-manufacturing-data-aussie-rises

World stock markets fall on Fed uncertainty - The Guardian :: http://www.guardian.co.uk/world/feedarticle/10821268

Stock Futures Rebound After Friday's Retreat - Fox Business :: http://www.foxbusiness.com/markets/2013/06/03/stock-futures-rebound-after-friday-retreat/
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03-Jun-2013 13:21

SAC Capital braces for $3.5 bln in redemptions -WSJ - Reuters :: http://www.reuters.com/article/2013/06/02/sac-redemptions-idUSL1N0EE07O20130602

Oil below $92 as China factory output stays slow - Bloomington Pantagraph :: http://www.pantagraph.com/news/world/asia/oil-below-as-china-factory-output-stays-slow/article_b176d6f8-6d5a-57eb-9a3f-67e9d7e4ff2a.html?comment_form%3Dtrue

Amazon Germany Workers Consider Multiday Walkouts, Union Says - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/amazon-germany-workers-consider-multiday-walkouts-union-says.html

Abenomics: Forecast and effects on Korean & Global economy - Arirang News :: http://www.arirang.co.kr/News/News_View.asp?nseq%3D147818

Greece's Alpha Bank avoids nationalization - Beatrice Daily Sun :: http://beatricedailysun.com/news/world/europe/greece-s-alpha-bank-avoids-nationalization/article_207c6c1c-707d-5c0e-b2c3-bfecc2aedc46.html?comment_form%3Dtrue

WRAPUP 1-PMI shows CEE still weak but much of it improving - Reuters :: http://www.reuters.com/article/2013/06/03/centraleurope-pmi-idUSL5N0EF1CK20130603

European Manufacturing Gauges Climb as Outlook Improves - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/u-k-factory-index-rises-to-14-month-high-in-may-on-new-orders.html

Solar Impulse leaves Dallas for St Louis in trans-America bid - BBC News :: http://www.bbc.co.uk/news/science-environment-22754126

Fed uncertainty keeps weighing on markets - News 12 Westchester :: http://westchester.news12.com/business/fed-uncertainty-keeps-weighing-on-markets-1.5392775

Ahead of the bell: Adviser supports Sprint deal - Hilton Head Island Packet :: http://www.islandpacket.com/2013/06/03/2526757/ahead-of-the-bell-adviser-supports.html
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03-Jun-2013 12:20

SAC Sees Investors Pulling Out $3.5 Billion - Wall Street Journal (India) :: http://online.wsj.com/article/SB10001424127887324563004578521531904015220.html

Japan Capital Spending Falls in Challenge for Abe's Campaign - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/japanese-capital-spending-slides-in-challenge-for-abe-s-campaign.html

Bernanke jokes about own future in Princeton commencement speech - Reuters :: http://www.reuters.com/article/2013/06/03/us-usa-fed-bernanke-idUSBRE9510C020130603

Oil below $92 as China factory output stays slow - STLtoday.com :: http://www.stltoday.com/news/oil-below-as-china-factory-output-stays-slow/article_542991f4-5a26-55cd-8bb3-6f004570919e.html

German workers at Amazon retailer resume strike action 03.06.2013 - Deutsche Welle :: http://www.dw.de/german-workers-at-amazon-retailer-resume-strike-action/a-16854801

Hong Kong, China shares extend losing streaks in anemic June kick-off - Reuters :: http://www.reuters.com/article/2013/06/03/markets-hongkong-china-stocks-idUSL3N0EF1FI20130603

CORRECTED-ECB's Draghi says proposal for resolution mechanism expected ... - Reuters :: http://www.reuters.com/article/2013/06/03/ecb-draghi-idUSL3N0EF23L20130603

Greece's Alpha Bank raises private capital to avoid state control - Reuters :: http://www.reuters.com/article/2013/06/03/greece-alphabank-capital-idUSL5N0EF16W20130603

GLOBAL ECONOMY-Euro zone factory slump eases, Asia's momentum slides - Reuters :: http://www.reuters.com/article/2013/06/03/global-economy-pmi-idUSL5N0EF0XG20130603

Treasuries Decline Will Be Volatile on Stimulus Exit, BIS Says - Bloomberg :: http://www.bloomberg.com/news/2013-06-02/treasuries-decline-will-be-volatile-on-stimulus-exit-bis-says.html
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03-Jun-2013 11:19

SAC Capital braces for $3.5 bln in redemptions -WSJ - Reuters :: http://www.reuters.com/article/2013/06/02/sac-redemptions-idUSL1N0EE07O20130602

Oil below $92 as China factory output stays slow - WHIO Radio :: http://www.newstalkradiowhio.com/ap/ap/top-news/oil-below-92-as-china-factory-output-stays-slow/nX9Mr/

UK manufacturing growth picks up pace in May - PMI - Reuters :: http://www.reuters.com/article/2013/06/03/pmi-manufacturing-britain-idUSL5N0EC2OJ20130603

UPDATE 1-Freeport Indonesia accident probe may last 3 months -govt - Reuters :: http://www.reuters.com/article/2013/06/03/indonesia-freeport-probe-idUSL3N0EF1PQ20130603

Amazon Germany Workers Consider Multiday Walkouts, Union Says - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/amazon-germany-workers-consider-multiday-walkouts-union-says.html

Euro Up, Stocks Down - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-244577/

Draghi Defends Bond Program Ahead of... - ABC News :: http://abcnews.go.com/International/wireStory/draghi-defends-bond-program-ahead-court-hearing-19310197

China Shares Little Changed After Conflicting Data - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130603-701916.html?mod%3Dgooglenews_wsj

Building of new US-Mexico border crossing stalls - Omaha World-Herald :: http://www.omaha.com/article/20130603/AP09/306039969

BIS lays out "simple" plan for how to handle bank failures - Reuters :: http://www.reuters.com/article/2013/06/02/us-banks-recapitalisation-bis-idUSBRE9510CO20130602
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03-Jun-2013 10:18

Central bank group warns markets 'under a spell' - 9NEWS.com :: http://www.9news.com/money/339510/344/Central-bank-group-warns-markets-under-a-spell-

SAC Sees Investors Pulling Out $3.5 Billion - Wall Street Journal (India) :: http://online.wsj.com/article/SB10001424127887324563004578521531904015220.html

Draghi Defends Bond Program Ahead of Court Hearing - ABC News :: http://abcnews.go.com/International/wireStory/draghi-defends-bond-program-ahead-court-hearing-19310197

Bernanke jokes about own future in Princeton commencement speech - Reuters :: http://www.reuters.com/article/2013/06/03/us-usa-fed-bernanke-idUSBRE9510C020130603

Oil below $92 as China factory output stays slow - Bloomington Pantagraph :: http://www.pantagraph.com/news/world/asia/oil-below-as-china-factory-output-stays-slow/article_b176d6f8-6d5a-57eb-9a3f-67e9d7e4ff2a.html?comment_form%3Dtrue

Aussie Dollar Rebounds With Bond Yields as China Concern Eases - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/aussie-dollar-rebounds-on-china-manufacturing-after-monthly-drop.html

Yen Holds Three-Day Gain as Stocks Fall; Aussie Dollar Rises - Bloomberg :: http://www.bloomberg.com/news/2013-06-02/euro-holds-losses-before-manufacturing-data-aussie-rises.html

German workers at Amazon retailer resume strike action - Deutsche Welle :: http://www.dw.de/german-workers-at-amazon-retailer-resume-strike-action/a-16854801

German manufacturing shows signs of stabilising in May-PMI - Reuters :: http://www.reuters.com/article/2013/06/03/manufacturing-pmi-germany-idUSL5N0EC3TH20130603

3-D printing goes from sci-fi fantasy to reality - Newsday :: http://www.newsday.com/news/3-d-printing-goes-from-sci-fi-fantasy-to-reality-1.5389062
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03-Jun-2013 09:17

Central bank group warns markets 'under a spell' - 9NEWS.com :: http://www.9news.com/money/339510/344/Central-bank-group-warns-markets-under-a-spell-

SAC Sees Investors Pulling Out $3.5 Billion - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-244361/

Draghi Sees Signs of Stabilization in 'Challenging' Economy - Bloomberg :: http://www.bloomberg.com/news/2013-06-03/draghi-sees-signs-of-stabilization-in-challenging-economy.html

Bernanke jokes about own future in Princeton commencement speech - Reuters :: http://www.reuters.com/article/2013/06/03/us-usa-fed-bernanke-idUSBRE9510C020130603

Oil below $92 as China factory output stays slow - WHIO Radio :: http://www.newstalkradiowhio.com/ap/ap/top-news/oil-below-92-as-china-factory-output-stays-slow/nX9Mr/

Aussie dollar holds gains, investors see China data's bright side - Reuters :: http://www.reuters.com/article/2013/06/03/us-markets-forex-idUSBRE93E00320130603

Asian factories cool as export orders slide - Reuters :: http://www.reuters.com/article/2013/06/03/us-global-economy-pmi-idUSBRE95206420130603

South Korea says finds no GMO in initial tests of US wheat - Reuters :: http://www.reuters.com/article/2013/06/03/us-wheat-korea-usa-idUSBRE95201R20130603

Union calls 1-day strike at Amazon Germany - The Olympian :: http://www.theolympian.com/2013/06/03/2569431/union-calls-1-day-strike-at-amazon.html

3-D printing goes from sci-fi fantasy to reality - WFTV Orlando :: http://www.wftv.com/news/ap/aerospace/3-d-printing-goes-from-sci-fi-fantasy-to-reality/nX9CX/
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