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  • Russia To Ban Several McDonalds Burgers Including Royal And Filet-O-Fish

    Think only the US can engage in the farce known as "sanctions" (why theater, because until Obama sanctions Gazprom, yeah right... crickets... it is nothing but populist theater)? Think again. Overnight Russia's consumer protection agency, filed a lawsuit in a... Read More >>

    Starbucks Sales In Americas Region Up Slightly More Than Expected

    Starbucks Corp on Thursday said quarterly sales at established stores in its dominant Americas region grew a somewhat stronger-than-expected 6 percent, including a 7 percent rise for the United States that was helped by food sales. The third fiscal quarter... Read More >>

    Futures Dragged Down By Visa, Amazon Despite USDJPY Levitation

    Following yesterday's disappointing results by Visa, which is the largest DJIA component accounting for 8% of the index and which dropped nearly 3%, while AMZN's 10% tumble has weighed heavily on NASDAQ futures, it has been up to the USDJPY to push US equity... Read More >>

    CEO Of Russia’s 2nd Largest Gold Producer Is ‘Horrified’ At Market Manipulation

    The ongoing transition of gold price manipulation from conspiracy theory to conspiracy fact just escalated as Bloomberg reports, Peter Hambro, chairman of Russia's 2nd largest gold producer Petropavlovsk Plc, said he was "horrified" by the manipulation of the... Read More >>

    Creation Of S&P 500 ETFs Rises To All Time High

    As if trying to figure out the impact of the central banks' balance sheets and China's record debt creation on stocks wasn't enough of a complexity (actually it really isn't that complex) for a market where fundamentals haven't mattered in 5 years, there is... Read More >>

    Barclays Thinks Its Dark Pool Is Fine

    A while back I used a Barclays presentation to teach a lesson in the grammar of financial presentations. That presentation featured this chart of "Sample liquidity landscape by category," with a bunch of bubbles showing the various sorts of traders that... Read More >>

    Are You A .Ninja Or A .Guru?

    The Internet is quietly exploding. More than 300 new top-level domains -- the extension of the Internet address after the dot, such as .com or .net -- were created in recent months by the Internet Corporation for Assigned Names and Numbers, including... Read More >>

    GM Recalls Far From Calamity For Some Dealers Who Find New Customers, Business

    The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond... Read More >>

    Stock Futures Dip On Weak Results; Durable Goods Data Due

    The S&P 500 closed Thursday at a record high and was within 0.5 percent of hitting 2,000. Data on orders for long-lasting U.S. manufactured goods for June was due at 8:30 a.m. EDT. Amazon shares tumbled more than 10 percent in premarket trading... Read More >>

    Russian Consumer Watchdog Seeks Ban On Some McDonalds’ Products

    Russia's consumer protection agency has filed a lawsuit in a Moscow court seeking to ban some of McDonald's Corp's burgers along with its milk shakes and ice cream, a court spokeswoman said on Friday. A regional branch of the consumer protection agency... Read More >>

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