Greek deal looms by November 12; is it just a question of default now or default later?
On Wednesday Greece reached an agreement with the Troika of the International Monetary Fund, the European Commission, and the European Central Bank that should clear the way to approval by the EuroZone’s finance ministers on November 12 for Greece to receive the next 31.5 billion euro payment under the country’s rescue plan.
Stocks aren’t oversold yet–except for technology
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Another sign that growth has started to pick up in China
Today the preliminary reading on the Purchasing Managers Index put together by HSBC and Market Economics showed a reading of 49.1 for October. That was still below the 50 level that divides growth from slowing, but it is a marked improvement from the 47.9 reading in September. It’s good news for China’s economy even though China’s markets may be somewhat disappointed
Will Broadcom’s strong 3rd quarter outweigh its conservative guidance for the 4th quarter?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Why did Apple set the price of the iPad Mini so high?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...I’m picking up some Costco at a discount price on this pull back
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Lowered earnings and revenue guidance send the U.S. market down
This week has picked up where last week left off—with worries about earnings growth turning into surprisingly bad reports on earnings and revenue growth. Last week the bad news came from General Electric (GE), IBM (IBM), and McDonald’s (MCD). So far this week the bad news is from Caterpillar (CAT), yesterday, and 3M (MMM) and DuPont (DD) today.
The correlations are a changin’: Could this be the end (in the short term) of U.S. outperformance?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Australia’s GrainCorp climbs 39% on bid; bidding war expected
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Caterpillar’s lower guidance reinforces worries about earnings
Caterpillar’s post-earnings conference call this morning did nothing for a market spooked on earnings bad news from stalwarts like IBM (IBM), General Electric (GE), and McDonald’s (MCD) last week. Lowered guidance for 2012 and a flat preliminary forecast for 2013 hit the market’s worry zone.