Bloomberg Updates

[Vinayak 10]

Barclays, Goldman Sachs Among Recipients of Early Fed Release

 

Deutsche Telekom Said To Ready Sweetened Bid for MetroPCS Today

[Larry1234 10]

More updates -

 

Fitch cuts key rating for Chinese debt

 

Mexico sells $2.09B of euro-bonds at lowest yield in history

 

Japan's Central banks' stimulus unlikely to boost inflation, IMF says

[Vinayak 10]

Toyota to recall 1.73M cars worldwide due to fears airbag inflator could malfunction and catch fire, company says.

 

Honda Recalls About 1.14M Vehicles Globally to Fix Airbags

 

U.S. Initial Jobless Claims Fell 42,000 Last Week to 346,000. Estimates Called for a Drop to 360,000.

[Vinayak 10]

More updates -

 

Fitch cuts key rating for Chinese debt

 

Mexico sells $2.09B of euro-bonds at lowest yield in history

 

Japan's Central banks' stimulus unlikely to boost inflation, IMF says

 

Great stuff Larry! Thanks for your input on this thread.

[Vinayak 10]

IMF Draft Report Cuts U.S. 2013 Growth Outlook to 1.7% From 2%

 

BOJ Said to Mull Raising Inflation Forecast Showing Confidence in 2% Goal

 

Infosys Shares Plunge After Fourth-Quarter Sales Miss Estimates

 

Singapore First-Quarter GDP Shrinks 1.4%; Economists Estimated 1.7% Gain

[Vinayak 10]

Futures signal lower Wall St open

 

Stock futures pointed to a weaker open on Wall Street on Friday after four straight days of gains, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.1 to 0.2 percent.

 

BOJ's Kuroda: have taken all steps needed for inflation goal

 

The Bank of Japan has taken all necessary steps to meet its 2 percent inflation target in two years and will try to minimize the market disruption from its massive bond buying, Governor Haruhiko Kuroda said on Friday.

 

Analysis: Yuan speculators muddle China's exports, complicating reform

 

Companies gambling on yuan appreciation are distorting Chinese trade statistics, creating a monetary policy headache for Beijing officials and complicating government plans to liberalize the capital account.

[Vinayak 10]

Wholesale Prices in US Drop 0.6% in March, Estimate was for a Drop of 0.2%

 

Retail Sales in US Dropped in March by 0.4%, the Most in Nine Months

 

Wells Fargo Earns $0.92 a Share in Q1 Beating Estimates of $0.89 a Share

 

JP Morgan Earns $1.59 per share for Q1, Beating Estimates of $1.39; Intends to Raise Q2 Dividend to $0.38 Per Share.

[Vinayak 10]

Troika concludes Greek bailout review, next aid tranche soon

 

An inspection team of international lenders has finished its review of Greece's reform progress, paving the way for another 10 billion euros aid payment, a source with knowledge of the talks said on Saturday.

 

Analysis: JPMorgan's lukewarm results put Dimon under more pressure

 

JPMorgan Chase & Co Chairman and CEO Jamie Dimon, who came through the financial crisis relatively unscathed, is suddenly looking a little less secure.

 

The top U.S. bank by assets reported tepid first-quarter results on Friday. Income in its biggest businesses - investment banking and consumer lending - fell, excluding accounting adjustments. Outstanding loans grew by just 1 percent, and profit margins on lending narrowed. Stock and bond trading revenue fell.

 

United States puts Japan on notice in currency report

 

The Obama administration on Friday put Japan on notice that it was watching its economic policies to ensure they were not aimed at devaluing the yen to gain a competitive advantage.

[Larry1234 10]

 

Infosys Shares Plunge After Fourth-Quarter Sales Miss Estimates

 

 

IMO One of the major reason for the decrease in share price of Infosys share is they did not announce the next year the EPS Guidance for FY 14 (which they used to provide till Q3) . They only provided revenue guidance, a growth of 6-10 %, very less (conservative) compared to Industry average growth of 12-14% provided by Nasscom.

[Larry1234 10]

More updates on Economy -

 

Initial unemployment claims decrease more than expected in US

 

Australian unemployment hits 3½-year high

 

Greek joblessness reaches a record 27.2%

[Vinayak 10]

Gold Futures Fall $100 an Ounce to $1,401 in New York Trading

 

Thermo Fisher Said to Be in Talks to Buy Life Technologies for more than $70 a share.

 

China's economy grew less-than-estimated 7.7% in Q1

[Vinayak 10]

Citigroup Earns Adj. $1.29 a Share in Q1, Beating Estimate of $1.17

 

Thermo Said to Agree to Buy Life With Cash Bid of $76 per Share

 

Kuroda Says BOJ Has Made All Possible Monetary Moves For Now

 

Stocks Climb With S&P 500 Futures as Yen Pares Drop

 

Obama Proposes $3.77 Trillion Budget to Revive Debt Talks

 

Dish Offers to Buy Sprint Nextel for $25.5 Billion in Cash, Stock

[Vinayak 10]

Here are some big Bloomberg updates that would be important for investors in US markets and abroad:

 

Sweden's Riksbank Sees No Increases in Repo Rate Until Second Half of 2014

 

Yahoo Q1 Adj. EPS $0.38, Est. $0.25; Shares Rise

 

ING Seeks Up To $1.5B in IPO of US Unit

 

Intel Sees Q2 Revenue $12.4B-$13.4B, Est. $12.8B

 

SAC's Record $602M SEC Settlement Approved by Judge

 

Dells Says Billionaire Investor Carl Icahn Won't Take More Than a 10% Stake in the Company

 

Goldman Sachs Tops Q1 Estimates Earning $4.29 a Share vs Estimates of $3.87. Revenue Tops Estimates at $10.09B.

 

Coca-Cola Earns $0.46 a Share in Q1 vs. Estimates of $0.44.

 

Glencore-Xstrata Deal Said to Win China Regulator Approval

 

Siena Prosecutors Seizing $2.4B From Nomura in Paschi Investigation

[Larry1234 10]

More updates -

 

Financial services could be part of EU-U.S. free trade deal

 

Blackstone reportedly withdraws bid for Dell

 

U.S. consumer sentiment continues to improve

 

BNP Paribas debuts 38-month close-end fund in India

[Vinayak 10]

Great stuff Larry! Thanks again for sharing your insights on this thread. Much appreciated!

[Vinayak 10]

US March Existing-Home Sales Fall 0.6% to 4.92M Rate

[Vinayak 10]

Bank of Spain Estimates Economy Shrank 0.5% in Q1

 

Italian 10-Year Bond Yield Falls Below 4% for First Time Since November 2010

 

Jon Corzine is Sued by Trustee Louis Freeh Over the Collapse of MF Global

 

US March New-Home Sales Rise 1.5% to 417,000 Annual Rate

 

Stoxx Europe 600 Index Rises 2.4% for Biggest Gain in Eight Months

 

Apple Boosts Buyback By $50 Billion

 

FedEx in New $10.5B Pact With US Postal Service

 

Apple Shares Gain, Rising 4.9% as Post-Market Trading Resumes

 

Apple Q2 EPS $10.09, Est. $9.98; Q2 Revenue $43.6B, Est. $42.3B

[Larry1234 10]

More updates -

 

China's weak factory data send Asian-Pacific markets sliding

 

Yield on Italy's 2-year note drops to historic low

 

China sees slowdown in manufacturing expansion

 

Speculation increases about Bernanke departure

[Vinayak 10]

Amazon Said to Plan TV Set-Top Box for Streaming Internet Video

 

MetroPCS Shareholders Approve T-Mobile USA Deal

 

Orders for US Durable Goods Decline by Most Since August

 

Bank of England Extends Small-Business Lending Plan by One Year

 

Credit Suisse Q1 Net CHF 1.3B vs CHF 1.27B Estimate

 

Australia Set to Invest 5% of Foreign Currency Reserves in China, RBA's Lowe Says

 

Australia CPI Rises 0.4% vs 0.7% Estimate; Currency Declines

[Larry1234 10]

Banks expect ECB to reduce main interest rate

 

Report notes high default rate in mortgage-modification program

 

Kuroda: Volatility won't shake BoJ from 2% inflation target

 

Fubon plans 2 yuan-denominated bond funds in Taiwan

[Larry1234 10]

Updates from other Sources

 

Initial unemployment claims approach 5-year low - First-time jobless claims in the U.S. declined to 339,000 last week, close to a five-year low, the Labor Department says.

 

U.K. posts 0.3% economic growth, dodging triple-dip recession

 

U.S. regulator wants market pricing for Libor

 

SSgA ETF focuses on emerging-market inflation-linked bonds

[Vinayak 10]

Important Updates to keep in mind as we start a new week

 

The Governor of the Bank of Greece George Provopoulos says market stabilization suggests the ECB won't need bond buying

 

BOJ keeps pledge to double monetary base in 2 years

 

Valeant Merger talks with Actavis said to stall on price

 

Deutsche Bank to sell up to 90M new shares to raise $3.55B

[Vinayak 10]

Apple Said To Offer $17B of Bonds in Record US Sale

 

Apple Order Book for Six-Part Deal Said to be $50B

[Vinayak 10]

Some big stock updates

 

Soros Reports passive JC Penney stake equal to 7.91%

 

Amazon Q1 EPS $0.18; Est. $0.10

 

Deutsche Bank to Sell up to 90M new shares to raise $3.66B

 

UBS Q1 Net Income CHF988 Million vs CHF 412M Estimate

 

Lloyds Banking Posts Q1 Pretax 1.48B Pounds, beating estimates

 

IBM Boosts Share Buyback by $5B, Increases Dividend 12%

[Vinayak 10]

Obama Said to Choose Congressman Mel Watt for Fannie Mae Regulator

 

China Manufacturing Expands at Weaker Pace as Economy Grows

 

ADP Employer Services Says the US Added 119,000 Jobs in April, Estimates were for a Gain of 150,000

 

Treasury Says It May Gradually Decrease Coupon Auction Sizes

 

Fed Says It's 'Prepared to Increase or Reduce' Purchases; Maintains $85B Monthly Pace of Bond Buying

 

Facebook Q1 Rev. of $1.46B, Est. $1.44B; Q1 Monthly Active Users Up 23%

 

ING US Prices 65.2M Shares at $19.5 Each in IPO