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excellent read b cat...ACTC raising eyebrows...
what a day, what a day for the b-stone felines wise cat....
gm ga catsss....what's purrin?
purrrrin mad cat....
sheeeeeet... what's poppin off on brownstone cat!...ROAR!!
what's playin today stock cat?
ACTC catsss...0.17...decent pick up still
well said cola cat...fuck em....purrrrr
gm stock doc cat and surgeon cats...Before the bell: Futures higher ahead of housing, inflation, manufacturing data
Posted Jun 16th 2009 7:45AM by Melly Alazraki
Filed under: Before the bell, International markets, China, Russia, Market matters, Economic data, Oil
U.S. stock futures advanced Tuesday morning following Monday's sharp sell-off that had stocks return to negative territory for the year as commodity prices fell. The question, ahead of the barrage of data investors await to be released this morning, whether this is the beginning of a new down cycle as some subscribe to the second dip recession school of thought, or a one-day profit-taking, healthy correction.
A slew of economic indicators might help investors get a better idea of where the economy is headed and direct markets more clearly:
At 8:30 AM, May housing starts and building permits are due out, both expected to be higher than April's rates
At the same time, inflation at the wholesale level, or PPI is expected to have risen 0.6% in May, according to Briefing.com, compared to an increase of 0.3% in April. Core CPI, which excludes the volatile food and energy prices, is expected to edge up 0.1%, same as in April. Inflation has been in focus lately as some fear it could spike.
Finally, at 9:15 AM, two manufacturing indicators are due out: May industrial production and capacity utilization.
PDMI on the dip...ACTC keeeping it close catsss...
morning breakout catsss...Before the bell: Futures higher ahead of housing, inflation, manufacturing data
Posted Jun 16th 2009 7:45AM by Melly Alazraki
Filed under: Before the bell, International markets, China, Russia, Market matters, Economic data, Oil
U.S. stock futures advanced Tuesday morning following Monday's sharp sell-off that had stocks return to negative territory for the year as commodity prices fell. The question, ahead of the barrage of data investors await to be released this morning, whether this is the beginning of a new down cycle as some subscribe to the second dip recession school of thought, or a one-day profit-taking, healthy correction.
A slew of economic indicators might help investors get a better idea of where the economy is headed and direct markets more clearly:
At 8:30 AM, May housing starts and building permits are due out, both expected to be higher than April's rates
At the same time, inflation at the wholesale level, or PPI is expected to have risen 0.6% in May, according to Briefing.com, compared to an increase of 0.3% in April. Core CPI, which excludes the volatile food and energy prices, is expected to edge up 0.1%, same as in April. Inflation has been in focus lately as some fear it could spike.
Finally, at 9:15 AM, two manufacturing indicators are due out: May industrial production and capacity utilization.
cc cat....
morning ga catssss....purrrr
gm NY cat...Obama's got a long haul ahead of him with that crowd!!
morning cash cow cats....
NTRO 6's starting things off catsss...
another feeding frenzy wise cat....purrrr
that magellan really coming into its own cola cat...nice
gm T cat....purrrrrr
morning 007 cat...Before the bell: Stocks to open sharply lower on economic concerns
Posted Jun 15th 2009 7:36AM by Melly Alazraki
Filed under: Before the bell, International markets, Market matters, Economic data, Commodities, Oil
U.S. stock futures declined significantly Monday morning, pointing to a sharply lower open on Wall Street. Investors were concerned about falling commodity prices and the rising dollar as well as economic worries. That's after over the weekend G-8 finance ministers discussed ending, or even reversing stimulus as rebound signs grow.
Meanwhile, President Barack Obama is ready to roll out an overhaul of the rules of the financial system, proposing the most ambitious revision since the Great Depression of the 1930s. The goal is to prevent a recurrence of the latest economic crisis.The regulatory changes are set to be announced Wednesday and are designed to be permanent.
gm forum cats...greenbacks lookin good...Stocks, Commodities Retreat; Dollar, Treasuries Rise on Kudrin
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By Daniel Hauck
June 15 (Bloomberg) -- Stocks fell, sending the MSCI World Index lower for a second day, and commodities dropped after the Group of Eight finance ministers signaled they may start to withdraw stimulus spending. The dollar rose as Finance Minister Alexei Kudrin said Russia has confidence in the U.S. currency.
The MSCI index of 23 developed nations slid 1 percent at 12:10 p.m. in London, led by raw-materials producers. Futures on the Standard & Poor’s 500 Index decreased 1.3 percent and Russia’s Micex Index slumped 4.3 percent. Oil declined as much as 1.9 percent in New York, while copper tumbled 3.2 percent in London. The dollar strengthened 1.1 percent against the euro and Treasuries climbed for a third day.
Group of Eight finance ministers meeting in Lecce, Italy, this weekend began planning to reduce budget deficits after signs of economic recovery sent the MSCI to a three-month, 43 percent gain and spurred concern that inflation will accelerate. Kudrin’s support for the dollar echoed that of Japanese Finance Minister Kaoru Yosano, who said last week that his government is confident in Treasuries.
“At some point, governments will have to map out their exit strategy in a coordinated fashion,” said David Keeble, the London-based head of fixed income strategy at Calyon. “But that won’t happen until at least next year.”
MSCI Rebound
The MSCI has rebounded from a 13-year low in March on speculation the $12.8 trillion pledged by the U.S. government and Federal Reserve will end the deepest economic contraction since the Great Depression. The rally pushed the index’s value to 18.2 times the earnings of its 1,655 companies, the most expensive level since December 2004, weekly data compiled by Bloomberg show.
Europe’s Dow Jones Stoxx 600 Index slumped 1.4 percent today and trades at 25.4 times the earnings of its companies, the most in five years, weekly data show.
Melbourne-based BHP Billiton Ltd., the world’s largest mining company, lost 2 percent in London. The Hague-based Royal Dutch Shell Plc, Europe’s biggest energy producer, fell 2.6 percent. Chevron Corp. of San Ramon, California, the second- largest U.S. energy company, slid 2.1 percent in German trading.
Copper led declines on the London Metal Exchange on speculation stockpiles in China, the world’s largest consumer, may be excessive. The country’s stores are the highest since March 2008 after four consecutive monthly import records. Copper for delivery in three months fell 3.2 percent to $5,070 a metric ton. Aluminum dropped 1.8 percent to $1,615 a ton and nickel 3.9 percent to $15,080 a ton.
Micex, Lats Fall
The slump in commodity prices sent Russian shares lower. The Micex dropped 4.3 percent to 1,089.62, a level not seen since May 28. Steelmakers led the retreat, with OAO Novolipetsk falling 5.5 percent and OAO Severstal declining 5.3 percent.
The MSCI Emerging Markets Index, a benchmark for equities in 22 developing nations, sank 1.8 percent.
Latvia’s lats depreciated 0.9 percent, the biggest decline since February 2007, as the country attempts to obtain the next installment of a 7.5 billion euro ($10.4 billion) international bailout. Latvia’s recession, the deepest in the European Union, threatens Sweden’s banks, the biggest lenders in the Baltic region. The Swedish krona weakened 0.6 percent versus the euro.
The dollar rose against all 16 of the most traded currencies except for the yen. Kudrin said after the G-8 meeting that “it’s too early to speak of an alternative” to the world’s reserve currency.
Kudrin, Medvedev
The comments reassured investors after Kudrin’s boss, President Dmitry Medvedev, questioned the dollar’s global status, joining China’s central bank Governor Zhou Xiaochuan in suggesting the world may need another benchmark for settling international debts.
Kudrin’s comments underscore the dependence of Brazil, China, Russia, and India on the currency of the U.S., the world’s largest economy and a $2.5 trillion export market. The four nations increased foreign reserves by more than $60 billion in May to limit their currencies’ gains and support their exports. They now have combined reserves of $2.8 trillion and are among the largest holders of Treasuries.
Oil and gold fell as the dollar strengthened. Crude declined as much as 1.9 percent to $70.71 a barrel on the New York Mercantile Exchange amid speculation last week’s rally to a seven-month high outpaced prospects for a recovery in fuel demand. Gold for immediate delivery retreated 0.7 percent to $932.58 an ounce, dropping for a fourth day, the longest stretch of declines since March.
Exit Strategies
G-8 officials said it’s prudent to consider what exit strategies to deploy once global growth is secured and asked the Washington-based International Monetary Fund to examine how to do so without reigniting the two-year financial crisis.
“Once exit strategies start to be implemented they will have a considerable impact on the currency market, as currencies most at risk from debasement fears have earned a reprieve,” Jennifer Underwood, a strategist at Europe Arab Bank Plc in London, wrote in a note. “The U.S. dollar so far has been one of the key beneficiaries.”
The yield on the 10-year Treasury fell four basis points to 3.75 percent. The two-year note yield slid six basis points to 1.21 percent. A basis point is 0.01 percentage point.
Britain plans to sell as much as 5 billion pounds ($8.2 billion) of bonds through banks as soon as tomorrow, according to the U.K. Debt Management Office. The debt office hired Barclays Plc, Goldman Sachs Group Inc., HSBC Holdings Plc and Royal Bank of Scotland Group Plc to offer the 4.50 percent gilt maturing in September 2034.
McLean, Virginia-based mortgage agency Freddie Mac began a tender offer to repurchase debt with a face value of 8.1 billion euros ($11.2 billion) today.
GERS....NTRO....ACTC for the hat trick catsss...i hope ;)
morning armani "slick" cat....lol
cc cat...what's poppin?
ACTC. GERS. NTRO. triple feline threat catssss....
greetings from the feline crew cash cows....
GERS. NTRO. feline watch....purrrrr
morning bt catssss....
monday updatesss felinessss...Before the bell: Stocks to open sharply lower on economic concerns
Posted Jun 15th 2009 7:36AM by Melly Alazraki
Filed under: Before the bell, International markets, Market matters, Economic data, Commodities, Oil
U.S. stock futures declined significantly Monday morning, pointing to a sharply lower open on Wall Street. Investors were concerned about falling commodity prices and the rising dollar as well as economic worries. That's after over the weekend G-8 finance ministers discussed ending, or even reversing stimulus as rebound signs grow.
Meanwhile, President Barack Obama is ready to roll out an overhaul of the rules of the financial system, proposing the most ambitious revision since the Great Depression of the 1930s. The goal is to prevent a recurrence of the latest economic crisis.The regulatory changes are set to be announced Wednesday and are designed to be permanent.
green catssss....
purrrrrrrr.....felines love frenziessss
hahahaha! grab the green wherever you can eh t cat?
you knew it was gonna happen...look at european football wise cat.....sheeeeeeeeet
AGEN...KERX...purrrrrring...
morning cash cow cats....
good news for greenbacks catssss...Treasuries, Dollar Gain as Japan Backs U.S.; Oil, Copper Drop
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By Mark Gilbert
June 12 (Bloomberg) -- Treasuries rose for a second day and the dollar gained after Japanese Finance Minister Kaoru Yosano said his nation’s confidence in U.S. debt is “unshakable” and that the currency’s global status is safe.
The 10-year note rose, driving its yield down six basis points to 3.80 percent as of 11:25 a.m. in London, after reaching 4 percent earlier this week. The dollar strengthened 0.3 percent to $1.4067 per euro and advanced 0.4 percent to 98.05 yen. Crude oil fell from a seven-month high and copper declined for the first time in a week.
“There was clearly a fear that foreign central banks may diversify out of U.S. assets and Yosano’s comments ease those concerns,” said Nick Stamenkovic, a strategist in Edinburgh at RIA Capital Markets Ltd., a securities broker for banks and investors. “Yields near 4 percent represented a great buying opportunity.”
Treasuries and the dollar were buoyed by Yosano’s remarks, two days after Russia said it may reduce holdings of U.S. debt, and by speculation Treasury Secretary Timothy Geithner will reiterate support for a strong dollar at today’s Group of Eight finance ministers meeting in Lecce, Italy. The highest yields on 10-year Treasuries since October drew investors betting that rising unemployment will temper a U.S. economic recovery.
“The U.S. dollar’s position as the world’s reserve currency isn’t under threat,” Yosano, 70, said in an interview in Tokyo on June 10 before leaving for the G-8. “Our trust in U.S. Treasuries is absolutely unshakable.”
Brazil, Russia, China
Brazil and Russia joined China this week in saying they would shift as much as $70 billion of reserves into multicurrency bonds issued by the International Monetary Fund. China is the largest U.S. creditor, holding $767.9 billion of U.S. debt as of March, according to Treasury Department figures. Japan is second with $686.7 billion.
Signs that consumer spending is improving helped push Asian stocks higher for a third day. The MSCI Asia Pacific Index climbed 0.3 percent after government reports showed China’s retail sales jumped 15.2 percent last month and Japan’s household sentiment rose to a 14-month high. China’s central bank said lending doubled in May to 664.5 billion yuan ($97 billion) from a year earlier.
Li & Fung Ltd., the biggest supplier of clothes and toys to Wal-Mart Stores Inc., jumped 6.2 percent to HK$23.20.
Stocks Fluctuate
Europe’s Dow Jones Stoxx 600 Index fluctuated between gains and losses as the gauge traded at 25.5 times earnings, the most expensive level since 2004, according to weekly data compiled by Bloomberg. U.S. stock-index futures were little changed before a report that may show confidence among U.S. consumers rose for a fourth straight month in June.
Latvia’s OMX Riga stock index rose 2 percent to 235.68, the highest in three and a half months. The government is preparing spending cuts to avoid a currency devaluation, after the worst recession since at least 1995 undermined investor confidence in the nation’s ability to qualify for the euro and stoked concern loans made by Swedish banks might not be repaid.
Crude oil for July delivery fell as much as 1.61 percent to $71.71 a barrel on the New York Mercantile Exchange, on speculation that crude’s advance to a seven-month high isn’t justified by global demand. Copper for delivery in three months dropped 1.7 percent to $5,285 a metric ton on the London Metal Exchange, leading a decline in industrial metals.
The U.S. currency pared a weekly decline after the Wall Street Journal reported that the Federal Reserve will resist pressure to increase bond purchases, avoiding adding to the supply of dollars.
‘Geithner Support’
“The G-8 meeting may provide some temporary support for the U.S. dollar,” said Andrew Milligan, head of global strategy at Standard Life Investments in Edinburgh, which oversees the equivalent of $165 billion. “Geithner has been careful to express his support for the U.S. currency.”
Overseas demand rose at a 30-year U.S. Treasury auction yesterday. Indirect bidders, a class of investors that includes foreign central banks, bought 49 percent of the bonds on offer, the biggest percentage since the Treasury reintroduced the 30- year security in 2006.
“It was particularly telling that strong foreign interest for U.S. bonds came at a time when Brazil and Russia announced plans to buy $20 billion of bonds from the IMF,” Mitul Kotecha, head of global foreign-exchange strategy in Hong Kong at Calyon, the investment banking arm of Credit Agricole SA, wrote in a research note today.
cool read catssss...NFL to sell billboard space- on player's backs
Posted Jun 11th 2009 5:50PM by Tom Barlow
Filed under: Boeing Co (BA), CIT Group (CIT), Hershey Co (HSY), Visa Inc. (V)
Soccer and professional bicycle racing fans are accustomed to advertising on team wear, but the big three U.S. pro sports have kept theirs as pure as the driven fastball. The National Football League (NFL), however, looking for new revenue streams, is about to take the first step down that slippery slope by selling ad space on team practice jerseys.
This spring the league agreed to allow teams to sell rights to a 3 1/2" x 4 1/2" space (slightly smaller than a paperback book) on their practice jerseys. One can only imagine the sponsors that would like up for such a billboard. The Boeing Company (NYSE: BA) for the New York Jets? The Hershey Company (NYSE: HSY) for the Cleveland Browns? Visa Inc. (NYSE: V) for the San Diego Chargers? Cancun Resorts for the Redskins? Quicken for the Bills? The Dollar Store for the Buccaneers?
Pro sports have also worked very hard to distance themselves from gambling, so I was surprised to learn that the league has also granted teams the right to license their brand for use on state lottery game tickets. Somehow, I don't see the logo of a perennial loser (a tip of the helmet to the Detroit Lions) would cause anyone to anticipate a winning ticket.
In case any ad agencies are still looking, I'm prepared to sell advertising space on my writing robe, or lend my image to a lottery game. It's a close as I'll ever get to playing pro ball.
gm fellow felinessss....
morning breakout cats....
guessss this was inevitable...NFL to sell billboard space- on player's backs
Posted Jun 11th 2009 5:50PM by Tom Barlow
Filed under: Boeing Co (BA), CIT Group (CIT), Hershey Co (HSY), Visa Inc. (V)
Soccer and professional bicycle racing fans are accustomed to advertising on team wear, but the big three U.S. pro sports have kept theirs as pure as the driven fastball. The National Football League (NFL), however, looking for new revenue streams, is about to take the first step down that slippery slope by selling ad space on team practice jerseys.
This spring the league agreed to allow teams to sell rights to a 3 1/2" x 4 1/2" space (slightly smaller than a paperback book) on their practice jerseys. One can only imagine the sponsors that would like up for such a billboard. The Boeing Company (NYSE: BA) for the New York Jets? The Hershey Company (NYSE: HSY) for the Cleveland Browns? Visa Inc. (NYSE: V) for the San Diego Chargers? Cancun Resorts for the Redskins? Quicken for the Bills? The Dollar Store for the Buccaneers?
Pro sports have also worked very hard to distance themselves from gambling, so I was surprised to learn that the league has also granted teams the right to license their brand for use on state lottery game tickets. Somehow, I don't see the logo of a perennial loser (a tip of the helmet to the Detroit Lions) would cause anyone to anticipate a winning ticket.
In case any ad agencies are still looking, I'm prepared to sell advertising space on my writing robe, or lend my image to a lottery game. It's a close as I'll ever get to playing pro ball.