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Daily Archives: December 1, 2009

Car Loan Delinquencies Rocket Up

Posted: December 1, 2009 at 7:33 am

TransUnion reports the auto loan delinquency moved up sharply in the third quarter. The national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past ...
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China Economy Surging, But Where Will Goods Go

Posted: December 1, 2009 at 6:13 am

China's manufacturing economy appears to have almost completely recovered. The purchasing managers’ index released by HSBC Holdings Plc rose to a seasonally adjusted 55.7 from 55.4. A second measure, The Purchasing Managers' ...
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CBO: Healthcare Overhaul Does Little To Decrease Premiums

Posted: December 1, 2009 at 6:00 am

One of the most important aspects of the huge healthcare program working its way through Congress is that the $800 billion or more that will be spent to improve the ...
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Commercial Real Estate Defaults Soar

Posted: December 1, 2009 at 5:43 am

There have been warnings for months that commercial real estate defaults would be the next plague to bank earings. Then Dubai indicated that it would default on some of its ...
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The Worst Is Over For Credit Card Companies, Or Maybe Not (BAC)

Posted: December 1, 2009 at 5:10 am

The head of the credit card operations at Bank of America (NYSE:BAC) believes that credit card write-offs will not continue to rise, and that they hit their high point in ...
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The Renaissance Of E-Commerce (M)(JWN)(AMZN)(WMT)(TGT)

Posted: December 1, 2009 at 5:05 am

There are bits of research that say holiday e-commerce sales rose in the double digits over the Thanksgiving weekend and did even better on Monday. E-commerce sales have risen as a ...
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Media Digest 12/1/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Posted: December 1, 2009 at 3:59 am

Reuters:   A $25 billion debt plan for Dubai World helped calm markets. Reuters:   GE (NASDAQ:GE) and Vivendi agreed to value NBCU at a price which gives the French company $5.8 ...
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Asia Market And Europe Open (12/1/2009)

Posted: December 1, 2009 at 3:22 am

Markets in Asia were sharply higher The Nikkei rose 2.4% to 9,572. The Hang Seng was up 1.4% to 22,086. HSBC (NYSE:HBC) rose. The Shanghai Composite was up 1.3% to ...
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