Saturday, September 17, 2011

($MACRO) China risks hard landing as global woes spread - Telegraph

($EURUSD, $MACRO) The costs of break-up: After the fall | The Economist

($GLD, $GDX, $NEM, $ABX) Is Gold Cheap? Who Knows? But Gold-Mining Stocks Are -WSJ

($RIMM) Research In Motion's BlackBerry Messenger service was disrupted by an apparent service outage on Friday, adding a further headache as the company reels from a dismal earnings report.
The messaging service, popularly known as BBM, has proved a strong selling point as RIM expands beyond its corporate base to a younger audience and into emerging markets.
The Canadian company said via Twitter that it was aware of some customers in Canada and Latin America reporting issues with the service. Support teams were investigating, it said.
A Reuters correspondent in Bogota received this text message from Colombian operator Comcel: "Esteemed user, BlackBerry informs us that the chat service is unstable at the international level. We will advise you when it has been re-established."

($EURUSD, $MACRO) Geithner presses EU to act; meets resistance | Reuters

($GM) General Motors Co and the United Auto Workers union reached a proposed contract for almost 49,000 production workers that both sides said would create new factory jobs and include profit-sharing bonuses.-Reuters
($SPX, $SPY, $MACRO, $EURUSD) The latest rumor circulating is that investors should expect something “big” from Bernanke and the Fed from the next meeting. Some say this is bigger reason many hedge funds don’t wish to be short in advance of the 21st.