Eagle Eye Opener
Vodafone Looks to Unload Verizon Wireless for $130 Billion; Pump-and-Dump Stocks Hit Medical Marijuana; Spreadsheet Is Smoking Gun in JPMorgan Probe
Telecom investors awoke Thursday to signs of renewed talks between U.K. giant Vodafone and Verizon Communications (VC) about their join ownership of Verizon Wireless.
The Great Recession Five Years Later; United States is on Course to Hit Budget Limits in October; U.S. Auto Industry Trailing the Herd
Lehman Brothers, Holdings, Inc., seemed to spur government policies aimed at stimulating the economy after the company filed bankruptcy and sought protection from creditors five years ago this coming Sept. 15.
21st Century Biotech: Buy the Pipeline; 70 Years of Oil Pipelines Need to be Reversed; Nuclear Industry Takes another Hit in Japan
With the cost in man hours and research spinning out of control, biotechnology companies are looking for faster, more inexpensive ways to bring new drugs to market.
German Domestic Demand Powers Q2 Growth; American Dream Slipping into Nightmare; East Asian Markets Mixed after Fed’s Whiff on Tapering Start Date
German domestic purchases in the second quarter were the strongest in a year, lending credence to the idea that Europe’s clawing its way out of its 18-month recession.
Fed Keeps ’em Guessing as to When Tapering will Start; Fed’s Non-Event Deflates Emerging Market Currencies and Shares; Developed Nations Rise on Good News out of China and Europe
Although the minutes from the Federal Reserve’s recent meeting indicate broad support for reducing the Fed’s $85 billion a month stimulus program this year, no specific start date has been determined.
Sign of the Apocalypse? Beer Sales Down in Europe; More Beer Bashing: Carlsberg Fingers Russia for Declining Sales; The Calm before the Storm: Fed Minutes Go out at 2:00 p.m.
Heineken claims that poor spring weather, combined with Europeans trying to rein in spending, caused its weak second quarter results.