FA Notes Tuesday December 28, 2010
NFLX – According to AdWeek Netflix is talking to several ad agencies about potential international assignments. Link
Bill Gross says the Feds will bail out the states and local governments in 2011, so buy CA and NY munis now he says. Link
Fortune is reporting Groupon is in talks to raise another $950M in VC funding. Link
Short interest in SP500 the lowest level since December 2007. Link
AOL spent $300M on those annoying 1990s marketing CDs. Link
Reuters on China cutting rare earth quotes again. Link
Digitimes reports Apple expects to ship Wi-Fi, UMTS, and CDMA versions of the iPad 2 in a 3:4:3 ratio. 500-530K units are expected in January with 60-65% of the units 3G versions. Supply chain checks estimate 16M iPads in 2010. Link
December consumer confidence 52.5 vs. 57.4 est., November was 54.1
ECB didn’t fully sterilize their bond buying, which means it is QE-ing. Link
October Case-Shiller housing index -0.8% y/y vs. +0.1% est., prior revised to +0.44% vs. 0.59%
China issued 2011 export quotes for rare earths to 14,446 metric tons vs. 16,304 this year
SHLD – Sears/Kmart partners with Roxio to start an online movie download service called Alphaline Entertainment. Link
APKT – Boston.com article on the founding of Acme Packet. Link