lol looks like i killed this thread
09:15 am : S&P futures vs fair value: -8.10. Nasdaq futures vs fair value: -9.00. According to futures, stocks look as if they will extend last week's loss, which was worsened by a disappointing jobs report last Thursday. Disappointment related to the jobs report has also led to selling in foreign markets as concerns regarding the pace of a global economic recovery threaten confidence among global participants. In turn, many of the major markets in Europe and Asia have lost at least 1% Monday; India's Sensex sank nearly 6% as reports that the country's deficit could be stretched to an even greater percentage of the country's GDP exasperated selling pressure. A disappointinting June ISM Service Index (10:00 AM ET) could further undermine investor sentiment. Concern over economic conditions is also hampering commodities prices this morning -- a stronger U.S. dollar isn't helping the case for commodities either, though. The greenback's gain comes amid reports that its status as a primary global reserve currency will likely remain intact for years to come.
Good morning everyone.
weeeeeeeee..
General Motors' sale plan approved -- is it worth it?
from BloggingStocks by Mark Fightmaster
Filed under: General Motors (GM)
Reportedly, a bankruptcy judge has given General Motors (OTC: GMGMQ) the okay to sell a majority of its assets to a new company. This move could open the path for General Motors to "quickly emerge from bankruptcy protection," the AP wrote. U.S. Judge Robert Gerber said in his ruling late Sunday that the sale "was in the best interests of both GM and its creditors," who would get nothing otherwise.
In his ruling, Gerber wrote, "As nobody can seriously dispute, the only alternative to an immediate sale is liquidation - a disastrous result for GM's creditors, its employees, the suppliers who depend on GM for their own existence, and the communities in which GM operates."
With crude down 3.9% to $64.11, today’s Ahead of the Tape column seems almost clairvoyant. In a note this morning, Jefferies shipping analysts said they prefer dry-bulk shippers to crude tankers, given the weakened global economy and the resulting crude inventory build-up.
from SeekingAlpha.com: Market Currents by SeekingAlpha
With crude down 3.9% to $64.11, today’s Ahead of the Tape column seems almost clairvoyant. In a note this morning, Jefferies shipping analysts said they prefer dry-bulk shippers to crude tankers, given the weakened global economy and the resulting crude inventory build-up. Post your comment!
Wow..
Robert McNamara, ex-defense secretary, dies
from CNN.com
Former Defense Secretary Robert McNamara, architect of the U.S. war in Vietnam under presidents John F. Kennedy and Lyndon Johnson, has died at age 93, according to his family. McNamara became a public lightning rod for the war, sometimes dubbed "McNamara's War." He later said both administrations were "terribly wrong" to have pursued military action beyond 1963.
EMC raises Data Domain offer to $33.50 a share
from MarketWatch.com - Real-time Headlines
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Best Buy (BBY) tries to build itself a new niche in selling green vehicles, offering electric-powered scooters, bicycles and Segways at 19 test locations.
from SeekingAlpha.com: Market Currents by SeekingAlpha
Best Buy (BBY) tries to build itself a new niche in selling green vehicles, offering electric-powered scooters, bicycles and Segways at 19 test locations. 1 comment!
wadup fam? hope everyone's weekend was a good one..
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
mmmmpsi?
CHASE ->>> WHAT MATTERS
does that stand for mmmmpuussi?
CHASE ->>> WHAT MATTERS
did you come to the A slow?
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
yezzir
was down there all day sat.
sorry man... hope you had fun though..
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
Chevy Confirms Camaro Will Go On Sale In Europe
from AutoGuide.com Auto News by Colum Wood
Chevy Confirms Camaro Will Go On Sale In Europe Chevy Confirms Camaro Will Go On Sale In Europe
General Motors can barely keep up with demand for the new 2010 Chevrolet Camaro, but that won’t stop the American automaker from bringing the car to less traditional markets. According to German car magazine Auto Motor und Sport, which cites and executive at Chevrolet Germany, the Camaro will go on sale in Europe in the [...] more
i did dude....wish i would have stayed the night and partied.....chattanooga was LAMEEEEEEEEEEEEEEEEOriginally Posted by DriVaH
Marshals seize Madoff’s $7 million penthouse
from msnbc.com: Business
The building in midtown Manhattan where Bernard Madoff and wife Ruth own a penthouse apartment is seen in this aerial view.The U.S. Marshals Service on Thursday took possession of disgraced financier Bernard Madoff's $7 million Manhattan penthouse, an action that forced his wife to move elsewhere.
It seems like just yesterday — excess was in and celebrities lived it up, buying lavish cars, expensive toys and over-the-top homes. Now, they're losing it like everyone else.
Victoria Gotti, daughter of deceased Gambino family crime boss John Gotti, let audiences into her lavish $4.2 million Long Island estate for her reality TV show, Growing Up Gotti. But now, the mafia princess turned New York Post columnist is behind by $650,000 on her mortgage and will likely lose her home.
Part of the problem for some celebrities is that they were allowed to borrow huge amounts of money because of their sizable paychecks during boom times. But Hollywood is fickle, and now some VIPs are struggling with smaller income streams and mortgages worth more than what their homes are currently worth.
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Some of them could still manage payments but quit paying because they didn't see enough upside. Former baseball slugger Jose Conseco admitted to simply walking away from his $2.5 million, 7,300-square-foot pad because its value is falling but his mortgage payment isn't. "It didn't make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else," the steroid snitch and reality TV star said last May when he announced plans to quit his mortgage contract
im bored...
Originally Posted by mmmmpsi
NICE
bill............ ill be at IA dog... we going to meet?