Eagle Eye Opener
Eagle Eye Opener: World Markets Confident U.S. Averts Fiscal Cliff: Obama Hints at Deal
Investors worldwide demonstrated confidence that the United States would find a way to avert an fiscal-cliff driven economic catastrophe by driving stocks to a three-week high.
Eagle Eye Opener: Student Debt Rises; Oil Prices Sink; Costco Announces Special Dividend
The Federal Reserve Bank of New York released its Quarterly Report on Household Debt and Credit, which showed that overall U.S. consumer debt fell again, as it has for four consecutive years.
Eagle Eye Opener: Global Economic Growth Forecast Cut; Europe Reaches Greek Debt Deal
Investors wondering about the outlook for 2013 corporate earnings should pay attention to this morning’s report from the Organization for Economic Cooperation and Development (OECD) that reduced its global economic growth forecast for next year from 4.2% to 3.4%.
Eagle Eye Opener: ‘Cyber Monday’ Sales to Top $1.5B; U.S. Futures Rise
Data to be released by comScore Inc, will indicate spending on “Cyber Monday’ (the Monday following Black Friday ) will top $1.5 billion for the first time, exceeding 2011’s $1.25 billion in sales by some 20%.
Eagle Eye Opener: HP Shares Swoon; Fed Chairman Cools Market with Comments; Watching Greek Tragedy
Shares of Hewlett-Packard (HPQ) hit a 10-year low yesterday of $11.71, after the company announced it was taking an $8.8 billion write-down.
Eagle Eye Opener: French Debt; Homebuilder Update; World Bank and Global Warming
Strike Two for French Debt (CNBC.com) European debt buyers took it in the shorts yesterday when Moody’s Investors Service followed sister-business Standard & Poor’s move last January by stripping France of its sparkling triple-A credit rating. Fitch remains the only agency of the “Big3”not to reduce France’s rating. Yet all three have a “negative” outlook […]