Reuters Euro zone leaders and banks are close to reaching a deal on a 50 percent writedown for private bondholders on their Greek debt, an EU source said on Thursday. Negotiations at a summit meeting …
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WSJ Microsoft reported third-quarter earnings of 68 cents per share, on $17.37 billion in revenue. That meets Wall Street analysts’ forecasts on the EPS side and beats on the revenue side, but investors may have …
Continue readingNext Week’s Tape: Hoping for Hiring (WSJ) Monday Eurozone manufacturing PMI for September ISM manufacturing for September September auto sales Construction spending for August Tuesday Fed Governor Sarah Bloom Raskin speaks Fed Chairman Ben Bernanke …
Continue readingHere’s an update on upcoming events in the Eurozone mess, from Dow Jones: –Thursday, Sept. 29: The EU/ECB/IMF troika returns to Athens to continue assessing Greece’s progress in cutting its budget deficit. The talks are …
Continue readingHere are some bullet points on the rumors out of Europe. First off, if you are hearing about this ESFS for the first time today, here’s what it is. Remember these are rumors and could …
Continue readingTomorrow’s Tape: Confidence Builder Economics: 9:00 a.m. ET: Case-Shiller home-price index for July. Slight improvement seen, from “awful” to “slightly less awful.” 10:00 a.m.: Conference Board consumer-confidence index for September. Slight improvement seen, from “depressed” …
Continue readingTomorrow’s Tape: All About the Benjamin (Bernanke) Economics: 10:00 a.m. ET: The nation’s realtors let us know about existing home sales in August. Economists expect a small gain, reversing a decline in July. 2:15 p.m.: …
Continue readingNext Week’s Tape: Fed Up Economics/FedSpeak: Monday NAHB housing index for September Tuesday Weekly ICSC-Goldman chain-store sales August housing starts and building permits Weekly Redbook retail sales Day One, FOMC policy meeting Wednesday Weekly MBA …
Continue readingTomorrow’s Tape: This Is a Call Economics: 7:00 a.m. ET: We get MBA mortgage-application data for the week. Perhaps dozens of Americans qualified for mortgages last week. 8:30 a.m.: We get retail sales data for …
Continue readingBloomberg U.S. stocks rose, reversing losses in the last 90 minutes, as concern about Europe’s debt crisis eased following a report that Italy was in talks with China about possible investments. Treasuries fell after the …
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