Archive for July, 2011

FA Notes July 26, 2011

July 26th, 2011 No comments

LCD TV sales still weak. Link
”The economies in Europe and US continue to struggle in their recoveries causing the consumption of TVs to be weak…The price of TVs has been falling rapidly with gross margins getting smaller, said industry sources”

Italian and Spanish debt yields rise. Link

Case-Shiller Housing Composite 20 May -4.51% y/y vs. -4.50% est., -3.96% prior

Soros returns outsider investor money. Link

Consumer confidence 59.5 vs. 57 est, 58.5 prior
New home sales 312K vs. 321K est, 319K prior

PIMCO on the potential of QE3 using the 2 year Treasury. Link

Goldman COO graduation speech. Link

Spotify playlists of the rich and famous. Link

Categories: News

FA Notes July 25, 2011

July 25th, 2011 No comments

AMTD ETFC – TDAmeritrade considering a take-out of E*Trade. Link

NFLX DWA – Dreamworks in talks with Netflix about exclusive streaming rights. Link

Spotify has about 70,000 paid subs after 1 week in the U.S. Link

HFTs using machines to trade news feeds. Link

MU SNDK – Flash and DRAM memory prices continue to fall. Link

Categories: News

FA Notes July 22, 2011

July 22nd, 2011 No comments

S&P latest press release on the debt ceiling. Link

Fitch says role of private sector in the Greek bailout plan would constitute a “restrictive default”

Euro zone 440B euro fund will now be able to buy bonds on the secondary market and lend directly to countries/banks

July Munich Ifo Institute German business confidence 112.9 vs. 114.5 in June

John Paulson calls BAC a disappointment. He is shorting the euro. Link

ISDA says EU’s aid package shouldn’t trigger Greece CDS. Link

AAPL NFLX – Apple considering a Hulu bid. Link

Greece private creditors agree to 21% loss on their bond holdings. Link

CAT in FT – Mr Oberhelman added that China, a significant end market for the company, was doing “a good job of balancing growth and inflation, and our expectations for China remain positive,” despite a softening of growth during the quarter.

Categories: News

FA Notes July 21, 2011

July 21st, 2011 No comments

Jobless claims 418K vs. 415K est., 405K prior

Interview with Frank Quattrone. Link

Draft of the EU Greece proposal document. Link

John Paulson is short the euro and lowering net exposure. He is also going to get redemptions in August. Link

Categories: News

FA Notes July 20, 2011

July 20th, 2011 No comments

EU considering enabling the $626B rescue fund to lend to banks. Link

Categories: News

FA Notes July 19, 2011

July 19th, 2011 No comments

Housing starts 629K vs. 575K est, 560K prior

German ZEW Economic Sentiment –15.1 vs. –11.8 est.

EU considering French plan of taxing banks to pay for Greece bailout. Link

Soros fund 75% in cash as they hit –6% YTD. Link

The difference between 5 and 7 hours of sleep. Link

Merkel dampens expectations for Thursday’s EU meeting. Link

Categories: News

FA Notes July 18, 2011

July 18th, 2011 No comments

ECB didn’t buy bonds last week. Link

Interview with Carson Block, founder of Muddy Waters. Link

BAC – Needs to build $50B capital cushion. Link

Interview with Twitter co-founder Biz Stone. Link

New Yorker article on Ray Dalio. Link

AAPL – Apple testing iPad 3 Retina like displays. Link

Latest update on the euro-zone crisis. Link

Categories: News

FA Notes July 16, 2011

July 16th, 2011 No comments

Washington Post on Obama’s frantic campaign to protect our AAA rating. Link

NFLX – Report the company will enter UK and Spain in Q1-2012. Link

Categories: News

FA Notes July 15, 2011

July 15th, 2011 No comments

University of Michigan consumer sentiment 63.8 vs. 71 est., 71.5 prior

European Banking Authority 2011 EU-Wide Stress Test Link Link2

Corporate America will miss Munger. Link

Categories: News

FA Notes July 14, 2011

July 14th, 2011 No comments

Jobless claims 405K vs. 405K est., 418K prior
PPI –0.4% vs. –0.3% est. m/m, ex food energy 0.3% vs. 0.2% est.

Europe PC sales not good. Link

MU – DRAM prices down another 7% in 1H July. Link

Latest update on the debt ceiling talks. Link

Software AG, Germany’s second large enterprise software company, misses sales estimates 256M-258M vs. 280M est. Link

Awesome interview with Chris Sacca. Must watch. Link

Categories: News