- FAMILIES OF DECEASED SEAL TEAM 6 MEMBERS ARE MAKING SERIOUS ALLEGATIONS AGAINST THE GOVERNMENTPosted 9 days ago
- European Commission to Criminalize Nearly all Seeds and Plants not Registered with GovernmentPosted 10 days ago
- After the Tragedy in Boston, More Government Surveillance is Not the AnswerPosted 11 days ago
- Video: Obama To Ohio State Grads-Reject Voices That Warn About Government TyrannyPosted 11 days ago
- AMERICANS FEAR GOVERNMENT MORE THAN TERRORPosted 18 days ago
- The Art of Catching Government False Flags in Real TimePosted 19 days ago
- SECRET GOVERNMENT DOCUMENTS REVEAL VACCINES TO BE A TOTAL HOAXPosted 24 days ago
- WIKILEAKS: THE GOVERNMENT IS SPYING ON YOU THROUGH YOUR IPHONEPosted 34 days ago
- Poll: Close to 1 in 3 Americans Believe in World Government and a New World OrderPosted 44 days ago
- US Government Sued For Pesticides Killing Millions Of BeesPosted 52 days ago
10 Things You Need To Know Before The Opening Bell (YHOO, GOOG, GM, GS, KO, JNJ)
By admin on July 17, 2012
Good morning. Here’s what you need to know.
- Asian markets rallied in overnight trade, with Hong Kong’s Hang Seng gaining 1.8 percent. Shares in Europe are mostly higher and U.S. futures point to a positive open.
- Yahoo named Google’s Marissa Mayer its new chief executive in a surprise announcement yesterday. Mayer led Google’s search operations for years, before managing its launch in local. EXCLUSIVE: Marc Andreessen tells us what he thinks of Yahoo’s choice >
- Business conditions in Germany worsened for the third straight month, but may have hit bottom, the Zew institute said today. The key expectations index fell to -19.6 in July from -16.9 a month earlier.
- Moody’s downgraded 13 Italian banks yesterday after cutting Italy’s sovereign rating last week. Ratings were lowered one level for seven of the institutions, and by two notches for the remaining six.
- Spain sold €3.56 billion in 12- and 18-month bills, exceeding targets as borrowing costs fell. One-year notes sold at a yield of 3.918 percent, below the 5.074 percent recorded at the last auction in June. The world is experiencing the opposite of a sovereign debt crisis >
- Bank of England Governor Mervyn King told a parliamentary panel they have no evidence that banks were deliberately misreporting borrowing costs at the height of the financial crisis. Here’s the LIBOR scandal explained in under 90 seconds >
- Goldman Sachs plans to increase lending to wealthy individuals and companies as it grows its private bank, Liz Rappaport of the Wall Street Journal reports. Executives hope to lend at least $ 100 billion, up from $ 12 billion at the end of the first quarter.
- General Motors is expected to post a “substantial” loss in Europe during the second quarter, sources tell the Wall Street Journal’s Sharon Terlep. However, GM does not plan to sell it’s Opel unit.
- U.S. economic announcements kick off at 8:30 a.m. with the June Consumer Price report, which is expected to show a 1.6 percent increase from the year ago period. U.S. industrial production hits at 9:15 a.m. Economists project production improved 0.3 percent in June from a month earlier. Follow both live on Money Game >
- Earnings announcements are expected from Johnson & Johnson, Coca-Cola, and Goldman Sachs before the opening bell. Consensus is for Johnson to report earnings per share of $ 1.29 while Coca-Cola posts net income of $ 1.19 a share. Investment banking giant Goldman Sachs is projected to earn $ 1.17 a share.