AFPSocGen's booming fixed income brightens first-quarter profit hitCNBC.comPARIS (Reuters) – French bank Societe Generale posted a surprise surge in first-quarter bond, currency and commodities revenue on Thursday, boosting confidence in its busine…
BloombergBox office pushes Time Warner past forecastsFinancial TimesBy Matthew Garrahan in Los Angeles Time Warner beat expectations for the first quarter thanks to strong performances from its Warner Brothers movie division and its cable television ne…
Tenneco profit falls 36% on refinancing chargesMarketWatchBy Kristin Jones Tenneco Inc.'s (NYSE:TEN) first-quarter earnings fell 36% as refinancing charges masked a jump in the company's core North American sales. Tenneco, which makes emission-…
Yesterday’s alternate count came to pass, and hopefully readers heeded my warning regarding the red trendline and protected profits. There are certain things I take for granted as “common knowledge” and I sometimes fail to expand upon certain sta…
On Monday, the S&P 500 (SPX) made it into the 1320-1325 target zone I suggested on Friday and reversed; so hopefully the short term wave structures are finally starting to clear up again. There’s been n…
Treasury supply is moderating as a result of a surge in Federal Withholding Tax collections in the second half of December. I suspect that this…
There Is Only One Issue In America
Posted: 12/10/11 12:56 PM ET
I wanted to know how things work? Where’s the power? Who’s pulling the strings?
The economy of the world came down to the unholy trinity of guns, drugs and gasoline — military industr…
For a little more than a week, I’ve been calling a top, and talking about the roughly dozen different indicators which were screaming for this top in the 1250-1270 zone. On Thursday, the market finally honored my inc…
Amazing how responsive and efficient the government is when protecting the profits of the corporatocracy. Not that I’m defending copyright infringement.
Of course this has to be done to protect people from buying fake drugs. I’m wondering if the Fed …
November 26, 2011
Slipping Backward on Swaps
By GRETCHEN MORGENSON
WALL STREET loves to do business in the shadows. Sunshine, after all, is bad for profits.
So it is perhaps unsurprising that players in the derivatives market want to thwart one of t…