Reported by Zero Hedge
Yesterday afternoon, following the rout in the US stock market, we made a spurious preview of the true main event:
So selloff in JGBs tonight?
— zerohedge (@zerohedge) May 22, 2013
We had no idea how right we would be because the second Japan opened, its.. »more
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|GAS PRICES »|
Natural Gas Prices Rise Slightly on Modest Addition to Stocks
Filed under: Oil & Gas IndustryDailyFinance 2 hours ago
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 89 billion cubic feet last week, at the lower end of a range of an expected build of between 87 and 100 billion cubic feet anticipated by analysts...
Ralph Lauren Company Earnings Weighed Down by Margin Forecast
Filed under: EarningsDailyFinance 4 hours ago
Ralph Lauren Corp. (NYSE: RL) reported fourth-quarter and fiscal-year 2013 company earnings before markets opened this morning.
For the quarter, the apparel company posted adjusted diluted earnings per share (EPS) of $1.41 on revenues of $1.64 billion. In..
As Ford Exits Australia, a Lesson for U.S. Car Company Plans in Europe
Filed under: Automotive IndustryDailyFinance 6 hours ago
Ford Motor Co. (NYSE: F) did the right thing in Australia, at least financially. It will stop building cars there. Its business in the country cannot work financially, the company says. It is a lesson to the American car companies that do business in..
Will Chinese "Recession" Join Europe's Contraction?
Filed under: Global EconomyDailyFinance 6 hours ago
Manufacturing in China contracted this month, according to the HSBC Purchasing Managers' Index (PMI), a preliminary reading of manufacturing activity. The figure came in at 49.6. Any number below 50 means activity is shrinking. At about the same time, research..
Yahoo! Stock Is Hitting New Highs
Filed under: InvestingDailyFinance 17 hours ago
It seems a terrible understatement to say *Yahoo!* CEO Marissa Mayer has been busy over the past year.
Of course, earlier this week Yahoo! stock touched the highest levels investors have seen in nearly five years, so apparently she's been doing something..
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