Archive for September, 2011

FA Notes September 21, 2011

September 21st, 2011 No comments

AllThingsD says Apple to announce iPhone 5 on October 4th. Link

RIMM cuts Playbook production lines. Link

Categories: News

FA Notes September 20, 2011

September 20th, 2011 No comments

Reuters reports China bank stops FX swaps, forwards with some European banks. Link

A Little Inflation Can Be a Dangerous Thing by Paul Volcker Link

S&P cuts Italy’s rating by one notch. Link

Categories: News

FA Notes September 16, 2011

September 16th, 2011 No comments

Dealbook on potential buyers of Yahoo. Link
SilverLake looking at Yahoo. Link

Freeport assesses impact of copper mine strike. Link

Carson Block of Muddy Waters say China consumer consumption story “overblown.” Link

PragCap on 6 signs of capitulation? Link

RIMM sell-side earnings reaction. Link

Euro ministers spar on Greek collateral for loans. Link

NYTimes on China consolidating rare earth companies. Link

UBS didn’t notice the rogue trader’s $2 billion loss. Link

Geithner pushes Europe to act decisively. Link

BofA to keep Countrywide bankruptcy option open. Link

Categories: News

FA Notes September 14, 2011

September 14th, 2011 No comments

PPI 0.0% vs. –0.1% est., 0.2% prior
ex-food and energy 0.1% vs. 0.2% est., 0.4% prior

August retail sales 0.0% vs. 0.2% est., 0.5% prior
ex-auto 0.1% vs. 0.3% est., 0.5% prior

Moody’s cut credit ratings of 2 French banks by one notch. Link

Categories: News

FA Notes September 12, 2011

September 12th, 2011 No comments

NVDA – Jim Cramer’s Mad Money hypes Nvidia. Link

Greece has enough cash till October. Link

Bloomberg says Moody’s may downgrade French banks this week. Link

Germany may give up on Greece. Link

Bronte Capital’s old notes on Northern Rock. Link

AMZN – Amazon in talks with book publishers to start a Netflix for books. Link

BRCM NETL – Broadcom buys NetLogic for $50/share. Link

Berkshire’s newest investment manager, Ted Weschler. Link

Categories: News

FA Notes September 9, 2011

September 9th, 2011 No comments

AMD NVDA TSM AAPL – SemiAccurate reports TSMC is raising prices by 15-25% on 28nm products. Link

ThirdPoint’s letter to the Yahoo Board of Directors. Link

Best and worst performing assets and stocks in the last 10 years. Link

Scaramucci, the fund of funds schmoozer. Link

Categories: News

FA Notes September 8, 2011

September 8th, 2011 No comments

ECB keeps rate unchanged.
Jobless claims 414K vs. 408K est., 409K prior

RIMM – New Blackberries selling well with enterprise, but not with consumers. Link

Rick Sherlund initiates on MSFT, ORCL, CRM, SAP at Buy and VMW at Neutral. Link

Bloomberg article’s on Bridgewater’s Ray Dalio. Link

Categories: News

FA Notes September 7, 2011

September 7th, 2011 No comments

German industrial production 4.0% vs. 0.6% est., –1.0% prior

German courts give parliament a bigger say over euro-zone bailouts. Link

YHOO – Yahoo fires Caro Bartz as CEO and may put itself up for sale. Link

Categories: News

FA September 6, 2011

September 6th, 2011 No comments

ISM non-manufacturing index 53.3 vs. 51.0 est., 52.7 prior
Germany factory orders –2.8% vs. –1.4% est., 1.8% prior

Merkel tells her party member Greece must meet rescue conditions to get aid payment later this month. Link

Swiss Nation Bank intervenes with 1.20 Euro peg. Fiat currency bears get crushed with 8-9% FX moves against them. Link

EB- FCS Link
Sell-side Goldman initiates Dunkin’ Brands DNKN at Sell Link

Categories: News

FA Notes September 2, 2011

September 2nd, 2011 No comments

Nonfarm Payrolls 0 vs. 60K est., 117K prior
Private Payrolls 17K vs. 75K est., 154K prior
Unemployment rate 9.1% vs. 9.1% est., 9.1% prior
Average hourly earnings –0.1% vs. 0.2% est., 0.4% prior
Average workweek 34.2 vs. 34.3 est., 34.3 prior

BAC – Fed asks Bank of America for contingency plans if things get worse. Link

BAC JPM GS DB – U.S. government is about to sue a dozen big banks over mortgage security losses at Fannie and Freddie. Link

NFLX LSTZA – Starz ends streaming negotiation renewal with Netflix. Link
LA Times reports Netflix offered over $300 million a year. Link

Why QE 3.0 would be a total disaster. Link

August hedge-fund performance: SAC –3%, Third Point –3%, Greenlight –1.4%, Tilson –13.7%, Renaissance Institutional Equities +5.4%, Citadel +1% Link

Regulators want HFT algo computer code. Link

TSM – TSM retracts their 20% revenue guidance for the year. Link

Categories: News