Wednesday, February 11, 2015

THURSDAY 2/12/15; Greece Talks Fail; Sweden Announces QE; IMF Provides Ukraine Financial Aid; Ukraine Ceasefire Creates Global Market Rally; APA; K; VG; Retail Sales; Business Inventories; AAPL All-Time Record High; COMPQ 15 Year Record High; 30-Year Bond Auction; AIG; GRPN; KRFT; ZNGA

The euro zone finance ministers meet well into the night and early morning discussing a potential resolution to Greece but the talks fail after six hours. The meetings will resume on Monday. Greece FM Varoufakis paints a rosy picture saying both sides are seeking common ground in civil discussions. Germany’s Schaeuble thought an agreement was reached and was departing the meeting when Varoufakis back pedaled after talking with Greece PM Tsipras. It is now apparent that Varoufakis will need approval of any deal he develops adding an extra step of drama and













[Text is Redacted: Purchase February 2015-02 to Read the Complete Chronology]
































drops -1.7% after reporting earnings and changes at the executive level. Ag giant CAG drags -3% lower after reporting earnings and cutting forecasts.

SFLY beats on the top and bottom lines. ZNGA, the Words with Friends videogame maker, misses on earnings and is punished -15%. KING, the Candy Crush videogame provider, beats on earnings rising +21%.

President Obama hams it up like a high school adolescent in a promotional video skit to urge healthcare sign-ups under the ACA (Obamacare) law. The president uses a ‘camera on a stick’ to take ’stick selfies’ of himself carrying-on like an over-active school boy (a selfie is a photo or video you take of yourself with a smartphone camera). As would be expected, detractors of the president are displeased at the unpresidential behavior, however, even those supportive of the president wince at the display of immaturity. The president films the self-absorbed video after confirmation that Kayla Mueller was murdered by the ISIS Islamist radicals in Iraq.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.