Monthly Archive:: September 2011

Market News: Eurozone Inflation, Morgan Stanley’s CDS, DOJ Into Chinese Books, Bofa Card Cost, Mortgage Rates, IBM Passes Microsoft

Eurozone inflation picks up. The EU’s statistics office estimates the eurozone’s inflation rate has risen to 3% in September – up from 2.5% in August, ahead of economist expectations for a 2.5% rate, and representing the largest increase in consumer prices since October 2008. The data makes it even less likely the

Market News: German Vote, Amazon Fire, Motorola deal, HP Hires Goldman, AMD trimmed, Short-sale ban, Eastman Kodak fading

Germany backs expanded ESFS. The German parliament approved increasing the size and flexibility of the ESFS. The winning margin in the Bundestag was a comfortable 523 to 85, while three members abstained. The vote marks an important victory for German Chancellor Angela Merkel, as she faces internal and external criticism over Germany’s

Market News: iPhone5, Greek fate, Housing market, Euro banks…

Risk on, then off, then on… Stocks surged Tuesday but gave back half of their gains in the final hour following reports of a split in the eurozone over terms of the next Greece bailout (more below). Treasury prices continued their slide, sending 10-year yields back to 2%. It was risk-on in

Earnings: Titan International, Actuant, Family Dollar, McCormick, AMD

  Inline Guidance Titan International Raises Guidance to be Closer to EstimatesWednesday, September 28, 2011  6:25:00 PM ET   View:   Complete Article | Historical Guidance Titan International Inc. (TWI) said it now expects 2011 revenue of approximately $1.40 billion. The company’s previous guidance was revenue of $1.20 billion to $1.35 billion and the current