FA Notes May 24, 2011
May 24th, 2011
Tepco admits fuel rods in reactor 2 and 3 had meltdowns. Link
SJM – J.M. Smucker raises coffee product prices by 11%. Link
Euro – Moody’s says a Greek debt restructuring would affect the credit ratings of other European countries. Link
Yandex, Russia’s leading search engine, will sell 52.2M shares to raise $1.3 billion. Link
Goldman is once again bullish on commodities and oil after saying sell last month. Link Link2
Euro – ECB governing council member rules out restructuring of Greece debt. Link
Tiger Asia is down 16% as of mid-May due to its short exposure. Link
Fusion-io wants to go public at a $1.2 billion valuation. Link
Mutual fund cash balances are at record lows. Link
Today’s POMO $5-7 billion
Categories: FA Observations