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India's Manufacturing PMI Inches Up To 54.9, Output Increases At Slowest Pace...
India's PMI number ticked up to 54.9 from 54.7 in March. "Activity in the manufacturing sector expanded at a slightly faster pace in April," said economist Leif Eskesen. "While output growth moderated,...
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HUGE MISS: UBS Q1 Profits Plummet 55%
GENEVA (AP) — Swiss bank UBS AG has reported a 55 percent drop in first-quarter net profit for 2012 due to writedowns and difficult market conditions. Switzerland's biggest bank said Wednesday its...
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There May Be A Surprisingly Rational Explanation Behind This Monster Market...
Investors are a bunch of irrational, short-sighted idiots, right? Well, maybe not so much. Lately, one of the unusual phenomenon in the markets is the rally in stocks while near-term earnings growth...
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Here's What 11,065 Stock Pickers Are Saying About The Stock Market
When it comes to the outlook for the S&P 500, we typically hear from equity strategists who provide a top-down call. Basically, one person considers all of the factors (e.g. EPS estimates, GDP,...
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Markets Are Surging In Asia, Shanghai Composite Up 2%
Markets are extending the rally we saw on Tuesday during the U.S. trading session. Countries around the world have been releasing their PMI numbers. Japan's Nikkei up 0.5%. Korea's Kospi up 0.9%...
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Turkey's PMI Climbs To 52.3, The First Increase In Three Months
Turkey's manufacturing PMI came in at 52.3. “After remaining in contraction territory for two months, business conditions in Turkey improved in April," said economist Murat Ulgen. "The PMI index rose...
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LIVE: THOUSANDS OF COMPANIES AROUND THE WORLD REVEAL THE STATE OF BUSINESS
At the beginning of each month, Markit, HSBC, RBC, JP Morgan, and other data gathering institutions publish the latest local readings of the purchasing managers index (PMI). Each reading is based on...
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OUCH: SPAIN PMI FALLS TO 43.5, LOWEST SINCE 2009
Spain's manufacturing PMI is out. Click Here For LIVE Coverage Of The World's PMI Reports > Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
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JP Morgan's Tom Lee: This Is Why I'm Not Worried About The 'Fiscal Cliff'
Tom Lee, J.P. Morgan's top U.S. equity strategist was on Bloomberg's In The Loop with Betty Liu this morning. Lee, who is widely recognized as one of the more bullish strategists on the street, isn't...
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Ecuador's 'Oil For Forests' Scheme Seems To Be Failing
Ecuador in South America holds what many would see as a gold mine: one billion barrels in untapped oil reserves. But the reserves have remained unmined for years now in an attempt to preserve the...
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UBS Explains Why You Should Be Worried About This Weekend's Greek Election
There are four European elections you need to be watching this Sunday and the fragmentation of party political support in the past six months is showing that Greece may be the country you need to worry...
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This Must Be The Generational Bottom In Natural Gas
The news just broke that famous natural gas investor John Arnold is quitting the game. According to CNBC he's now going to spend time for charitable endeavors and so on. Meanwhile at the same time,...
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PREVIEW: Tomorrow's Big ECB Decision Could Move Markets In A Very Unusual Way...
The European Central Bank will make its May monetary policy decision after a meeting of governing council members in Barcelona tomorrow. Analysts do not predict any change in rates from the current...
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PRESENTING: Business Insider's Official Prediction For Friday's Big Jobs Report
Wall Street is keenly focused on the big datapoint of the month — the U.S. Nonfarm Payrolls Report. The announcement will help characterize how the economy is performing, and more importantly, if the...
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MORGAN STANLEY: Selling Cigarettes Will Be HUGE For Family Dollar (FDO)
Family Dollar is going to start selling cigarettes and it's expected to be a big boon for business. Morgan Stanley's Joseph Parkhill writes about it in a note to clients today: We believe the rollout...
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CHART OF THE DAY: American Youth Will Have Nothing To Complain About Once...
Spanish youth unemployment climbed to 51.1 percent in March, from 50.9 percent the previous month. This number was 6.2 percentage points higher than the 44.9 percent youth unemployment rate a year ago....
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STOCKS MAKE HUGE COMEBACK: Here's What You Need To Know (DIA, SPY, QQQ, CHK)
Tons of economic data from around the world. The Dow was down as much as 100 points this morning. First the scoreboard: Dow: 13,268, -10.7, -0.0%S&P 500: 1,402, -3.5, -0.2%NASDAQ: 3,059, +9.4,...
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YELP Delivers Strong Revenue In Its First Ever Earnings Report (YELP)
Yelp's numbers are out! Looks pretty good at first glance. Revenue is up nicely year-over-year, but its loss is even worse. Revenue was $27.4 million, up 66 percent, versus analysts expectations of...
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Zillow Spends $40 Million On Startup That Helps Landlords (Z)
Zillow is paying $40 million in cash to buy RentJuice, a San Francisco based startup that provides software to manage rental listings. Zillow has been trying to branch out beyond its roots as a...
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GREEN MOUNTAIN SLASHES GUIDANCE AND SHARES COLLAPSE (GMCR)
Green Mountain Coffee Roasters, the owner of Keurig coffee machines and the coffee packs that fill them, reported in line quarterly results today, but slashed both its top and bottom line guidance as...
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