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S&P500 Update

S&P 500 Index (SPY) Trend Status Neutral click for larger chart Source: FusionIQ > Kevin Lane, CIO of Fusion analytics, observes: “As seen in the chart above the S&P 500 tested support and bounced from the 1,330 area (lower green line) for the second time in the last six days. Yesterday’s low also coincides with...

Citi’s Vikram Pandit: The Best Value on Wall Street

What is the real worth of Wall Street's CEOs. Financial News teamed up with Swiss pay consultancy Obermatt to crunch the numbers. Deal Journal colleague Kit Chellel reports:

Poll Results: More than 80% Believe Microsoft Overpaid for Skype

America has voted, again. This week, we asked you if Microsoft overpaid when it offered to buy Skype, the cheap Internet phone provider, for $8.5 billion. Did MSFT get swindled? That's not clear. However, more than 80% of you thought MSFT's $8.5 billion was too rich. But everyone differed in how much. The largest block of readers,...

NY Fed: U.S. Committed $1 Billion to March Effort to Weaken Yen

U.S. government committed $1 billion to an effort in March to help arrest the appreciation of the Japanese yen in the wake of natural disaster that struck that nation.

Cost Of 2010 Bank Failures Exceeds Estimates By Billions

CHARLOTTE, North Carolina - U.S. bank failures in 2010 cost the Federal Deposit Insurance Corp $2 billion, or 9 percent, more than initially forecast,...

Jim Bianco Interview on China’s Economy

Friday screencast: Cramer then and now

To say Jim Cramer is a polarizing figure is a gross understatement.  People either love him or hate him.  Today that split seems to take place along Main Street-Wall Street lines.  However people forget that Cramer was a key figure in the democratization of financial news and research.  The launch of TheStreet.com was a revelation...

PCs: Goldman Cuts Estimates, Commercial Sales At Risk

Goldman Sachs hardware analyst Bill Shope today cut his outlook on personal computer hardware sales this year to 3.6% growth from a prior 6.4%, and he predicts earnings reports by Dell (DELL) and Hewlett-Packard (HPQ) next week “will show signs of continued PC demand weakness and moderating server unit trends.” HP reports earnings next Wednesday,...

Goldman’s Program to Aid Small Businesses Gets Off to Slow Start

Deal Journal colleague Emily Maltby files this dispatch about the progress of Goldman’s program to help small businesses over at In Charge.

Bipartisan Group Of Senators Targets Mortgage Servicers

WASHINGTON -- Unimpressed by the recent efforts of state and federal regulators to rein in the mortgage servicing industry, a bipartisan group of senators led...

Youku Files For $678M Secondary Offering

Chinese online video site Youku.com (YOKU) this morning said it plans to sell 8 million shares of stock in a secondary offering, and that shareholders plan to sell 4 million American depository shares (ADS), according to a filing with the Securities & Exchange commission. That would be equivalent to a little over 10% of the...

Nippon Telegraph and Telephone’s CEO Discusses F4Q 2011 Results – Earnings Call Transcript

Nippon Telegraph and Telephone Corporation (NTT)

F4Q 2011 Earnings Conference Call

May 13, 2011 5:00 AM EST

Executives

Koji Ito – IR

Satoshi MiuraRepresentative Director, President and CEO

Analysts

Masuno – Nomura Securities

Takahashi – Mizuho Securities

Moriyuki – SMBC Nikko Securities

Tanaka – Morgan Stanley

Oshidari – JP Morgan

Takahashi – Merrill...