Month: December 2009

Links and Reading for December 9th

Some of the more interesting and important items for December 9th :

Wynn Execs Take Money Off the Table – Barrons.com – Marc D. Schorr, Wynn's chief operating officer, sold 298,723 shares for an average price of $66.67 on Dec. 3. After the sale, he held 275,000 unvested restricted shares and...

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Links and Reading for December 8th

Some of the more interesting and important items for December 8th :

Dubious distinction – Greece becomes first euro-zone country to see its debt rating cut below single-A as worries mount about Athens' capacity to fix deteriorating finances, weighing on the single European currency.
Shhhh, Dubai Has Another Little $20 Billion...

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Retail Sales – November’s Best and Worst on One Page

Same store sales numbers for November were a bit of a disappointment. Down 3% on a year over year basis, when it should have been an easy comparison, is not victory for the sector…even if they have become masters at cost cutting.

We watch these to see the trend and to...

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ISM Services – CONTRACTION – (No, Not “Less Good”)

Contrary to spinster belief, not everything is going gangbusters in the U.S. Sure, we saw a nice employment number last Friday, but there are many reasons to believe that that was more of an aberration that a trend that will continue.

To clarify, the jobs situation IS getting better. There is...

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Shhhh, Dubai Has Another Little $20 Billion Problem

When we first learned about Dubai’s debt woes a couple of weeks ago, it was estimated that $46 billion plus was in danger of default. The world markets sold off hard as there was concern that this level of sovereign default could not be absorbed by the system. Soon after,...

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