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    MORNING COFFEE

    RLPIA 2012-02-09 07:51
    Chances of Greek Default Increase. After hours of meetings Greek politicians failed to agree on a austerity program and other needed reforms. One of the main sticking points was cuts to pensions.  Greek finance minister Evangelos Venizelos will head to a Brussels summit today without
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    MORNING COFFEE

    RLPIA 2012-02-08 08:13
    Foreclosures Cost Banks $72 Billion. The combined costs of problem mortgages and foreclosure abuse at five banks exceed a combined $72 billion according to Bloomberg analysis. BofA ( BAC) took the largest hit at $41.8 billion. The other banks taking a majority of the hits included Ally Fina
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    MORNING COFFEE

    RLPIA 2012-02-07 08:32
    Coca-Cola Looks To Double Revenue. At a sugar conference in Dubai Coca-Cola ( KO) said that it aims to double net revenues to over $200B by 2020 from $100B in 2010. Coke sited the company’s long-term economic outlook, population growth will contribute to sales. The company said, it expects
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    MORNING COFFEE

    RLPIA 2012-02-06 07:16
    Foreclosure Deal With Banks Near. After leaving the negotiation table for four months California has returned to the table.  Reports say that a $25 billion deal over foreclosure abuse by five banks is near complete.  New York which was another hold-out state, said it could suppor
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    MORNING COFFEE

    RLPIA 2012-02-03 08:35
    Senate Passes Ban On Insider Trading By Congress. Yesterday the Senate  voted 96-3 to pass the Stop Trading On Congressional Knowledge Act, or Stock Act. The Act will ban Congress from trading shares based on insider information they obtained through Capitol Hill. The bill now goes to
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    MORNING COFFEE

    RLPIA 2012-02-02 08:45
    Auto Sales Jump. Sales of autos in the U.S. jumped another +11% in January to a four-year high of 14.18 million vehicles per year. Chrysler (FIATY) +44% , GM's ( GM) -6.1%, Ford (F) +7.3% , Honda (HMC) +8.8% , Toyota (TM) +7.5% , Google’s Mobile Search Doubles. Google's (
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    MORNING COFFEE

    RLPIA 2012-02-01 08:23
    Facebook To File IPO. Reports say Facebook is expected to file a preliminary prospectus for a $5 billion IPO today. Facebook is expected to finalize their listing process by May. California The Next Greece? Like Greece, reports indicate that California may run out of money in Mar
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    MORNING COFFEE

    RLPIA 2012-01-20 09:26
    Fed Questioning QE3. Reports indicate that the Fed policy makers want more insight into the direction of the economy and inflation before deciding on whether to go ahead with QE3. The FOMC is due to meet next week. Upgrades JDS Uniphase (JDSU): Stifel Nicolaus raised
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    MORNING COFFEE

    RLPIA 2012-01-19 08:13
    Apple To Make Big Announcement.   Apple will be hosting an event at the Guggenheim Museum in New York at 10:00am.  Analysts are expecting Apple to make an announcement about school textbooks for the iPad. Reports say that former CEO Steve Jobs prior to his death was working to
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    MORNING COFFEE

    RLPIA 2012-01-17 08:37
    Citigroup Misses EPS Estimates. Citigroup (C) reported EPS of $0.38 missing estimates of $0.61. The bank says it’s the miss was due to lower investment banking income, an accounting charge and a decline in the value of its assets. Upgrades Medtronic (MDT): Wells Far
    32 views|No comments
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