Investing

Morning Market Roundup (7/31/2012)

Subject: 13 Awesome Sports the Olympics Killed

Since the modern Summer Olympics began in Athens in 1896, the sporting events have changed with every game. As popularity of sports change, new ones are added and old ones are phased out. In London, athletes will compete in hundreds of events in 32 different sports. Of those 32, only five — track and field, archery, swimming, gymnastics and fencing — have been consistently offered since the 1896 Games. Here are 13 awesome sports the Olympics killed.

As always, here are the top major media headline summaries from WSJ, FT, and more. Today’s top analyst upgrades and downgrades were in shares of BSFT, PRSS, CBI, CMCSA, DNDN, DOW, FB, FGP, GSK, LVS, PMCS, RYAAY, STO, TSRA, TWC and VRTX.  Here are the top rumors of the day and the most important financial news affecting the markets today.

As we just found the September 12 launch of the iPhone 5, we cannot help but wonder if Apple Inc. (NASDAQ: AAPL) is becoming tied too tightly to Wall St.

Meredith Whitney is out bashing the big banks again … to downsize their business models.

America’s current population of young people has been described as an economic “lost generation.” These people just do not want to take tough, blue-collar jobs.

Why fight over the value of Manchester United? Owning shares in the Green Bay Packers is just the same. It’s a piece of sports history.

Six hundred million people in India are without power. That, among other reasons, is why developed nations do business in China, but not in India.

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Have a great day!

JON C. OGG

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