Thursday, May 17, 2012

17-May-2012 15:23

Say It Ain't So, Jamie: The JPMorgan Chase Crisis Is Not About Money - Forbes :: http://www.forbes.com/sites/richardlevick/2012/05/17/say-it-aint-so-jamie-the-jpmorgan-chase-crisis-is-not-about-money/

Rakuten Leads $100 Million Investment in Social Network Service - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/rakuten-leads-100-million-investment-in-social-network-service.html

Analysis: Greeks not alone in bank savings exodus - Reuters :: http://www.reuters.com/article/2012/05/17/us-banks-deposits-idUSBRE84G0MG20120517

US Stock Futures Slip Ahead Of Jobless Claims Data - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-706551.html

Japan's economic growth nearly doubles US - CNN :: http://money.cnn.com/rssclick/2012/05/17/news/economy/japan-gdp/index.htm?section%3Dmoney_topstories%26utm_source%3Dfeedburner%26utm_medium%3Dfeed%26utm_campaign%3DFeed%253A%2Brss%252Fmoney_topstories%2B(Top%2BStories)

Wal-Mart 1Q Net Rises 10%; US Same-Store Sales Up - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-706798.html

Weekly Claims Hold Steady as Jobs Picture Still Murky - CNBC.com :: http://www.cnbc.com/id/47458345

Berkshire To Buy Most Media General Papers, Continuing Investment In Publishing - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-707184.html

Foreclosure-wracked states see sharp drop in April - MarketWatch :: http://www.marketwatch.com/story/foreclosure-wracked-states-see-sharp-drop-in-april-2012-05-17

Spain Auctions $3.2 Billion in Medium Term Debt - ABC News :: http://abcnews.go.com/Business/wireStory/spain-auctions-32-billion-medium-term-debt-16365858

17-May-2012 14:22

Several on FOMC Said Easing May Be Needed on Faltering - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/several-on-fomc-said-easing-may-be-needed-on-faltering.html

Bankia customers pull out over 1 billion euros: report - Reuters :: http://www.reuters.com/article/2012/05/17/us-bankia-idUSBRE84G0JA20120517

European Stocks Fall - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303448404577409372125575672.html?mod%3Dgooglenews_wsj

OIL FUTURES: Crude Mixed As Euro, Oil Stocks Counter Asia Data - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-705357.html

Sears Posts 1Q Profit; To Spin-Off Part Of Canada Unit - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-705594.html

Say It Ain't So, Jamie: The JPMorgan Chase Crisis Is Not About Money - Forbes :: http://www.forbes.com/sites/richardlevick/2012/05/17/say-it-aint-so-jamie-the-jpmorgan-chase-crisis-is-not-about-money/

Wal-Mart 1Q Net Rises 10%; US Same-Store Sales Up For 3rd Straight Quarter - Fox Business :: http://www.foxbusiness.com/news/2012/05/17/wal-mart-1q-net-rises-10-us-same-store-sales-up-for-3rd-straight-quarter/

Stock Futures Tick Lower Ahead of Jobs Data - Fox Business :: http://www.foxbusiness.com/markets/2012/05/17/stock-futures-tick-lower-ahead-jobs-data/

U.S. Foreclosures Down 14% Over Last Year, Filings Shifting to the East - World Property Channel :: http://www.worldpropertychannel.com/north-america-residential-news/realtytrac-us-foreclosure-market-report-for-april-2012-foreclosure-filings-default-notices-scheduled-auctions-bank-repossessions-condo-foreclosures-bank-reo-sales-distressed-sales-5654.php

Canadian Pacific CEO and Five Directors Step Down - New York Times :: http://dealbook.nytimes.com/2012/05/17/canadian-pacific-c-e-o-and-five-directors-step-down/

17-May-2012 13:21

Several on FOMC Said Easing May Be Needed on Faltering - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/several-on-fomc-said-easing-may-be-needed-on-faltering.html

Japan GDP Is Best of a Bad Bunch - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303448404577409420975403572.html?mod%3Dgooglenews_wsj

The Hubris of Jamie Dimon - BusinessWeek :: http://www.businessweek.com/articles/2012-05-16/the-hubris-of-jamie-dimon

Foreclosures reach lowest level since 2007 - CBS News :: http://www.cbsnews.com/8301-505145_162-57435679/foreclosures-reach-lowest-level-since-2007/

US Stock Futures Inch Up - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303448404577409713113150318.html?mod%3Dgooglenews_wsj

Berlin New Airport to Open Nine Months Late on Fire-Safety Delay - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/berlin-new-airport-to-open-nine-months-late-on-fire-safety-delay.html

Spain beset by bank crisis, recession, bond pressure - Reuters :: http://www.reuters.com/article/2012/05/17/us-spain-economy-idUSBRE84G0CK20120517?feedType%3DRSS%26feedName%3DtopNews%26rpc%3D71

Sears Swings To 1Q Profit On Asset Sales; To Seek Partial Spin-Off Of Sears Canada - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-704880.html

Refunds coming for Skechers shoe owners following $40M lawsuit - WRGB :: http://www.cbs6albany.com/news/top-stories/stories/vid_1008.shtml

17-May-2012 12:20

Skechers agrees to pay $50 million to settle toning-shoe cases - Los Angeles Times :: http://www.latimes.com/business/la-fi-ftc-skechers-20120517,0,6335080.story

Southern California housing data signal turnaround - Los Angeles Times :: http://www.latimes.com/business/realestate/la-fi-home-sales-20120517,0,4538120.story

Several on FOMC Said Easing May Be Needed on Faltering - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/several-on-fomc-said-easing-may-be-needed-on-faltering.html

Foreclosures fall to lowest level since 2007 - CNNMoney :: http://money.cnn.com/2012/05/17/real_estate/foreclosures/

Asian Shares Stabilize As Europe Jitters Subside - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-703667.html

U.S. Stock Futures Rise Before Jobs, Manufacturing Data - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/u-s-stock-futures-rise-before-jobs-manufacturing-data.html

Spanish Yields Rise on Euro Fears - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303448404577409612688724718.html?mod%3Dgooglenews_wsj

JC Penney price strategy confuses NJ shoppers - Dailyrecord.com :: http://www.dailyrecord.com/viewart/20120516/NJBIZ/305160030/J-C-Penney-price-strategy-confuses-NJ-shoppers

European Stocks Fall Slightly - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303448404577409372125575672.html?mod%3Dgooglenews_wsj

The Hubris of Jamie Dimon - BusinessWeek :: http://www.businessweek.com/articles/2012-05-16/the-hubris-of-jamie-dimon

17-May-2012 11:19

Southern California housing data signal turnaround - Los Angeles Times :: http://www.latimes.com/business/realestate/la-fi-home-sales-20120517,0,4538120.story

Several on FOMC Said Easing May Be Needed on Faltering - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/several-on-fomc-said-easing-may-be-needed-on-faltering.html

Republicans reject Dems' calls for stricter oversight of Wall Street - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS07/205170621/Republicans-reject-Dems-calls-for-stricter-oversight-of-Wall-Street?odyssey%3Dnav%257Chead

Asian Shares Mostly Higher As Europe Jitters Subside - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-700545.html

US stock index futures signal slight bounce - Reuters :: http://www.reuters.com/article/2012/05/17/markets-stocks-us-europe-idUSL5E8GH3EB20120517

GLOBAL MARKETS: European Stocks Slightly Lower; Spanish Auction Eyed - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120517-702946.html

HSBC turnaround on target, sees revenue boost - Reuters :: http://www.reuters.com/article/2012/05/17/hsbc-idUSL4E8GG8MS20120517

JC Penney's shares in free-fall after 1Q loss - Rochester Democrat and Chronicle :: http://www.democratandchronicle.com/usatoday/article/39269217?odyssey%3Dmod%257Cnewswell%257Ctext%257CBusiness%257Cs

Foreclosures fall to lowest level since 2007 - CNNMoney :: http://money.cnn.com/2012/05/17/real_estate/foreclosures/

Oil rises to above $93 as traders mull Europe - Fox News :: http://www.foxnews.com/world/2012/05/16/oil-rises-above-3-as-traders-mull-europe-turmoil/

17-May-2012 10:18

Southern California housing data signal turnaround - Los Angeles Times :: http://www.latimes.com/business/realestate/la-fi-home-sales-20120517,0,4538120.story

European Stocks Drop as ECB Pauses Greek Bank Lending - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/european-stock-index-futures-rise-as-fed-signals-easing.html

Europe's Central Bank Cuts Off 4 Banks in Greece - CNBC.com :: http://www.cnbc.com/id/47424014

JC Penney shares take huge hit: It's biggest drop in more than 3 decades ... - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS07/205170627/J-C-Penney-shares-take-huge-hit-It-s-biggest-drop-in-more-than-3-decades-sales-decline-exceeds-analyst-projections?odyssey%3Dtab%257Cmostpopular%257Ctext%257CFRONTPAGE

Foreclosure filings up in Philadelphia region - Philadelphia Inquirer :: http://www.philly.com/philly/entertainment/151752325.html

Fed says several members could support further easing - Boston Globe :: http://bostonglobe.com/business/2012/05/16/fed-says-several-members-could-support-further-easing/ktpN1PE7kPqLAdXKKeH6qO/story.html

HSBC says getting bank in shape, euro zone a worry - Chicago Tribune :: http://www.chicagotribune.com/business/sns-rt-us-hsbc-strategy-ceobre84g0br-20120517,0,5703964.story

GLOBAL MARKETS-Greek fears pressure shares, Spanish debt sale eyed - Reuters :: http://www.reuters.com/article/2012/05/17/markets-global-idUSL5E8GH18020120517

Republicans reject Dems' calls for stricter oversight of Wall Street - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS07/205170621/Republicans-reject-Dems-calls-for-stricter-oversight-of-Wall-Street?odyssey%3Dnav%257Chead

Global demand for gold grows 16pc - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9271556/Global-demand-for-gold-grows-16pc.html

17-May-2012 09:17

Several on FOMC Said Easing May Be Needed on Faltering - Bloomberg :: http://www.bloomberg.com/news/2012-05-17/several-on-fomc-said-easing-may-be-needed-on-faltering.html

Investors Shun Gold—Demand Falls in First Quarter - CNBC.com :: http://www.cnbc.com/id/47456044

'Shape-ups' shoemaker fined $40 million - CNN :: http://www.cnn.com/2012/05/16/us/ftc-skechers-fine/?hpt%3Dus_c2

Japan's economy grows 4.1 percent amid recovery - The Associated Press :: http://www.google.com/hostednews/ap/article/ALeqM5jl130mbl4QsxKfyXjxj2PiTaR-Jw?docId%3D19ab9ea7789c41b38a6e0fcd41db9ad0

Buffett's firm's investment gives GM stock a boost - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS01/205170647/Buffett-s-firm-s-investment-gives-GM-stock-a-boost

Republicans reject Dems' calls for stricter oversight of Wall Street - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS07/205170621/Republicans-reject-Dems-calls-for-stricter-oversight-of-Wall-Street

EURO GOVT-Bunds little changed before Spanish debt auction - Reuters :: http://www.reuters.com/article/2012/05/17/markets-bonds-euro-idUSL5E8GH0H220120517

Asian shares recover slightly, but Greece fears remain - Reuters India :: http://in.reuters.com/article/2012/05/17/markets-global-idINDEE84G03S20120517

JC Penney shares take huge hit: It's biggest drop in more than 3 decades ... - Detroit Free Press :: http://www.freep.com/article/20120517/BUSINESS07/205170627/J-C-Penney-shares-take-huge-hit-It-s-biggest-drop-in-more-than-3-decades-sales-decline-exceeds-analyst-projections?odyssey%3Dtab%257Cmostpopular%257Ctext%257CFRONTPAGE

Foreclosure filings up in Philadelphia region - Philadelphia Inquirer :: http://www.philly.com/philly/entertainment/151752325.html