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STEVE WYNN: A Very Well-Connected Source Told Me Something Very Bullish Is In...
Steve Wynn just led and completed the Wynn Resorts earnings webcast. Minutes ago during the Q&A, Wynn shared some details of a conversation he had with a high ranking Chinese official. According...
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Here's What 8 Economic Cycle Theories Say About The World Today
Economic and market phenomena occur in cycles. The basic business cycle can be loosely defined a series of economic expansions and contractions. But how long are these cycles and how can they be...
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MORGAN STANLEY: Here's The Chart That Shows Why Stocks Are Suddenly In A...
Morgan Stanley's Cross-Asset Strategy Team, lead by Gregory Peters, has a bearish note out, explaining why, in their view, the market has become particularly vulnerable. Basically, markets in developed...
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How The Government Spends Your Tax Dollars [CHART]
The Presidential debate on foreign policy recently discussed much about the tax dollars spent on defense. The question of how much to spend on the defense of the United States is always a huge debate....
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Credit Suisse Profits Plunge And Miss Expectations, Management Cranks Up Cost...
Oct. 25 (Bloomberg) -- Credit Suisse Group AG, the second- biggest Swiss bank, increased a target for cost reductions after posting a drop in third-quarter profit that exceeded analysts’ estimates on...
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WHOA: UK GDP Growth Accelerated To A 5-Year High
UK GDP grew 1.0% in Q3. This was much higher than the 0.6% gain forecast by economists. This is the fastest pace of growth since Q3 2007. The service sector grew by 1.3% and industrial output...
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Markets Are Rallying In Europe
Markets are up early in the European trading session. England's FTSE is up 0.5%. France's CAC 40 is up 0.7%. Germany's DAX is up 0.7%. Spain's IBEX is down 0.6%. Italy's FTSE MIB is up 0.6%. Moments...
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EL-ERIAN: Investors Should Expect Central Banks To Remain 'Unusually Active...
Yesterday, PIMCO's Mohamed El-Erian gave the Bagehot lecture at The Economist magazine's Buttonwood gathering. His talk included a tight summary of how the world's central banks were addressing the...
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DAVID ROSENBERG: Always Remember These 13 Rules
David Rosenberg, chief strategist at Gluskin Sheff and the former Chief North American Economist at Merrill Lynch, is without question one of the sharpest economists in finance. So, it's a real treat...
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Ford To Close Its Last Vehicle Production Company In Britain
LONDON, Oct 25 (Reuters) - Ford will announce on Thursday that it is closing its van factory at Southampton, ending more than a century of vehicle production by the company in Britain, trade unionists...
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Greek Finance Minister Admits He Didn't Secure A Debt Repayment Extension
Chaos in the Greek parliament following a row over the country's revised bailout plan brought fresh gloom to the eurozone as figures showed the currency union moving closer to recession. The Greek...
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10 Things You Need To Know Before The Opening Bell (AAPL, PG, ZNGA, CS, SPY,...
Good morning. Here's what you need to know. Asian markets were mostly higher in overnight trading, with the Nikkei hitting a four-week closing high on speculation of Bank of Japan easing. Europe is...
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REPORT: Here's The German-Led Troika Austerity Reform Plan That Has Greece...
There's been an uproar in Greece over labor reforms requested of the country by international troika lenders as part of a package of spending cuts in order to secure more bailout aid. The FT's Peter...
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Colgate Plans To Axe 6% Of Its Workforce By 2016 (CL)
Consumer goods giant Colgate-Palmolive just announced its Q3 earnings, which came in ahead of expectations. "Our growth momentum continued on the top line as well, with organic sales increasing a...
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Apple Has A Wild Card Earnings Report Coming Today (AAPL)
Apple reports earnings after the market closes (around 4 PM eastern), and we'll have the numbers as soon as they hit, so tune in. We're not sure what to expect from Apple this quarter. Apple has missed...
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The 15 Biggest Oil Companies In The World
Platts is out with its annual ranking of the top 250 oil companies, which they rank based on asset worth, revenues, profits, and return on invested capital. As expected ExxonMobil retained its position...
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BARRY RITHOLTZ: Time To Sell Stocks
Barry Ritholtz, who has made some excellent timing calls in the past, says he's paring back on stock holdings. I have cut back on some major holdings, and raised our cash levels to 25% in the asset...
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Personal Income And Spending
The next big economic report will be the September personal and spending figures, which gets released on Monday. Economists estimate that income climbed 0.4% and spending jumped 0.6%. Click Here For...
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GDP BEATS EXPECTATIONS, RISES 2.0%
Q3 GDP is out. The number came in better than expected, rising 2.0 percent versus estimates of a 1.8 percent gain. Personal consumption rose 2.0 percent, missing expectations of a 2.1 percent rise....
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Chesapeake Is Planning To Frack Within A Mile Of A Nuclear Plant (CHK)
Natural gas giant Chesapeake Energy has been given permission to drill for natural gas via hydraulic fracturing, or "fracking," one mile away from the Beaver Valley Nuclear Power Station in...
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