Morning Market Roundup (11/9/2011)
November 9, 2011 by Stuart StelzerEurope stocks are lower today because of Italy, a far larger problem than Greece because of its size. The drop in the major European stocks in New York trading shows just how bad it is getting all over again.
As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Today’s top analyst upgrades and downgrades were in shares of ALSK, ADSK, AVP, NILE, CAAS, DWA, EQR, HRB, PCLN, RAD, ROVI, SPPI, TGH, WAG and WPO. Here are the top rumors of the day. The most important financial developments that will affect the day ahead (Adobe Layoffs, Christine Lagarde’s Warning).
One of the reasons that capital markets investors should be worried about the financial future of Italy is it has had 38 prime ministers since WWII.
Here is an economic calendar along with select earnings previews including PCLN, AONE, ATVI, PAAS, TM, CSCO, CSC, GM, GMCR, M, SLW, MCP, JWN, NVDA and DIS.
The Labor Department’s figures on job openings seems good until it is compared to 2007. American mobility is another factor that casts a shadow.
The financial world will come to an end on November 23, according to a new report.
The underwater mortgage problem has worsened in the areas that can least afford it.
The future of WiFi is not bright.
Have a great day!
JON C. OGG
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