The number of foreclosures has gone up 14% between the second and third quarter of this year. These are the cities where foreclosures are skyrocketing.
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 AAP, AMZN, BUD, CARB, CSCO, CSC, DF, EPD, HSP, KFT, LOGI, NOK, PCG, SD, SPRD, SRDX and VRTX. Here are the top rumors of the day. The most important financial developments that will affect the day ahead (Walmart Deals, Airbus Delays, Italy Bond Auction).  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.
China’s export problem is about to become an import one.  Greece has named a market-friendly banker as prime minister, sending NBG up 9% and the FXE (Euro ETF) up as well.  We want to know what you think in a poll. It is simple with only three answers… Does the Euro survive?
Airbus, like Boeing, cannot launch new products on time. The industry is still allowed to mislead customers and investors.
Walmart says it is not moving more deeply into the health care business. Its actions say otherwise.
This Alabama municipal bankruptcy of Jefferson County is the biggest muni bankruptcy in U.S. history. Meredith Whitney’s revenge!
A short seller gets revenge against Green Mountain Coffee (GMCR).
Have a great day!
JON C. OGG
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