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Posts related to ‘24/7 Wall St. Wire’

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Germany Dodges Recession, Sentiment Rises

Posted: May 24, 2013 at 7:10 am

Today, Germany confirmed that its first-quarter gross domestic product (GDP) rose by a mere 0.1%. There was some excitement that the largest economy in Europe had dodged a recession, which ...
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Retailers Sue Visa, MasterCard over Fees

Posted: May 24, 2013 at 7:00 am

Several large retailers accuse MasterCard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) of setting unfair fees that damage the retailers' sales prospects and margins while enriching the credit card ...
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Google Faces FTC Antitrust Probe

Posted: May 24, 2013 at 6:50 am

Just as Google Inc.'s (NASDAQ: GOOG) battle with European Union regulators has died down, the United States may bring antitrust charges against the company. According to Reuters: U.S. regulators are ...
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Can Sears Sales Overcome Its Old Stores Problem?

Posted: May 24, 2013 at 6:30 am

Earnings from Sears Holdings Corp. (NASDAQ: SHLD) were so awful that Wall Street pushed its stock price down close to 10%. The question is whether the company can overcome the ...
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Can New P&G CEO Change Global Economy?

Posted: May 24, 2013 at 6:30 am

Old Procter & Gamble Co. (NYSE: PG) chief executive A.G. Lafley will rejoin the company he used to run and replace CEO Bob McDonald. For Lafley to turn P&G around, he ...
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AT&T’s Brilliant Move to Increase Customer Revenue

Posted: May 24, 2013 at 6:30 am

AT&T Inc. (NYSE: T) has come up with a brilliant way to increase revenue in its wireless unit. Its explanation of the new fees is almost too complicated to understand. ...
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What Is Important: Germany Dodges Recession, Google Antitrust Probe

Posted: May 24, 2013 at 6:29 am

Germany Misses Recession Germany confirmed that its first-quarter gross domestic product rose only 0.1%. There was some excitement that the largest economy in Europe had dodged a recession, something its ...
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Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 24, 2013 at 6:29 am

Procter & Gamble Co. (NYSE: PG) fires CEO Bob McDonald and brings back A. G. Lafley. (Reuters) Google Inc. (NASDAQ: GOOG) may face antitrust investigations by the U.S. government. (Reuters) Carl ...
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Closing Bell for Thursday on Wall Street: Markets Stall on Japan Losses

Posted: May 23, 2013 at 4:05 pm

U.S. equity markets opened sharply lower this morning, taking a lead from Japan’s Nikkei, which fell more than 7% for the day. Japan’s government bond yields spiked until the Bank ...
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Treasury Still Selling Inflation-Protection TIPS at Negative Yields

Posted: May 23, 2013 at 1:24 pm

Imagine not just loaning the government money for free, but at negative nominal rates. Another fresh Treasury auction of 10-year inflation-protection TIPS just went off yet again at negative interest ...
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Goldman Sachs Calls For Higher Bond Yields… What It Really Means To Your Money

Posted: May 23, 2013 at 12:40 pm

It has been hard to ignore the rise in bond yields on the longer end of the Treasury curve in recent days. The market keeps looking for clues from Federal ...
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New Car Sales to Rise in May, Led by Ford, Nissan, Volkswagen

Posted: May 23, 2013 at 12:19 pm

Sales of new cars in May are forecast to rise as much as 8% year-over-year in the U.S. and bounce back to a seasonally adjusted annual rate of more than ...
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New York Fed Sees Stronger 2014 for Growth and Even Inflation

Posted: May 23, 2013 at 12:10 pm

The New York Federal Reserve branch's Liberty Street Economics latest blog posting indicates that the New York Fed staff is targeting stronger growth and perhaps better prices ahead. The change ...
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KC Fed Manufacturing: Finally Positive After Seven Months of Contraction

Posted: May 23, 2013 at 11:25 am

The Federal Reserve Bank of Kansas City is headed by President Esther George, and she is the current policy hawk of 2013, after Richmond's Jeff Lacker had been the big ...
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Bullish Sentiment Swings Wildly Higher

Posted: May 23, 2013 at 10:53 am

Bullish sentiment is up, just in time for a good correction. The latest poll from the American Association of Individual Investors reportedly showed that the bullish sentiment from investors had ...
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