Archive for July, 2010

Economic Indicator: Even Cheaper Knockoffs

Saturday, July 31st, 2010

How bad is the economy? Even counterfeiters are shifting down to more ordinary goods. The NYT explains.

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Economic Indicator: Even Cheaper Knockoffs

Week Ahead: Markets Look to Economy After July’s Bounce

Friday, July 30th, 2010

Economic reports on jobs, manufacturing and the consumer could be what trips up stocks in the week ahead, deflating some of July’s 7 percent gain.

The rest is here:
Week Ahead: Markets Look to Economy After July’s Bounce

Fed’s Bullard Calls for ‘Significant’ Easing Plan

Friday, July 30th, 2010

The Fed needs a plan for significant quantitative easing if deflationary expectations in the US continue, St. Jouis Fed President James Bullard said.

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Fed’s Bullard Calls for ‘Significant’ Easing Plan

Letting Bush Tax Cuts Die Would Kill Recovery: Analysts

Thursday, July 29th, 2010

The nascent US economic recovery would be halted in 2011 if Congress fails to extend the Bush tax cuts for the wealthiest Americans, analysts at Deutsche Bank said.

Link:
Letting Bush Tax Cuts Die Would Kill Recovery: Analysts

Solar-Power Industry Starting To Hit the Magic Number

Wednesday, July 28th, 2010

In some places in the U.S. today, roof-rop solar photovoltaic technology already allows residential and commercial users to beat what their local utility charges for electricity generated from coal-fired power plants.

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Solar-Power Industry Starting To Hit the Magic Number

Wednesday: Data, Earnings Will Vie for Market Attention

Tuesday, July 27th, 2010

Durable goods orders for June due Wednesday could have as much directional sway with stocks as the flood of earnings news coming from companies like Boeing, Conoco Phillips and Comcast.

Originally posted here:
Wednesday: Data, Earnings Will Vie for Market Attention

BP Swings to Loss; CEO Hayward to Step Down

Tuesday, July 27th, 2010

BP confirmed Tuesday that embattled CEO Tony Hayward will step down in October, to be succeeded by fellow executive director Robert Dudley.

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BP Swings to Loss; CEO Hayward to Step Down

EU Stress Test Criteria Was Not Realistic, Roubini Says

Monday, July 26th, 2010

The pan-European stress tests on the banking sector were not tough enough to reflect future worsening conditions for the continent’s economy, Nouriel Roubini told CNBC.com.

Excerpt from:
EU Stress Test Criteria Was Not Realistic, Roubini Says

BP Denies Reports That It Plans to Oust CEO Hayward

Sunday, July 25th, 2010

BP denied that CEO Tony Hayward will resign after a weekend report that it was getting ready to oust its embattled chief.

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BP Denies Reports That It Plans to Oust CEO Hayward

Week Ahead: Markets Find Something to Cheer About

Friday, July 23rd, 2010

With the European bank stress tests out of the way, investors may shift their focus to what’s got the stock market perking up in the last couple of days.

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Week Ahead: Markets Find Something to Cheer About