with only two more days to go without only retail sales over black friday-weekend due:
Today Peak(Oct-07) Low(Mar-09) 401(K) EQ YTD Change
16084.74 13.56% 148.61% 455 22.73%
4059.886 42.00% 220.81% 569 34.46%
1805.75 15.38% 170.81% 463 26.60%
27.36 -48.84% 7.76% 205 92.00%
Last wk Today Week
16064.77 16084.74 0.12%
3991.65 4059.886 1.71%
1804.76 1805.75 0.05%
25.26 27.36 8.31%
$557 now. Over the top christmas parties all over Silicone Valley ... Gonna be hard to find a table at the pahgcc this year. Twitter, google, Facebook and now HP are rolling in QE dough!
lang, I knew I should have stick with the blonde genre:
It was the first time the blonde was eating Thanksgiving dinner without her family. Trying to replicate the tradition, she prepared a turkey dinner for herself alone. The next day, her mother called to see how everything went.
"Oh, mother, I made myself a lovely dinner, but I had so much trouble trying to eat the turkey!" said the daughter.
"Why... did it taste funny?" her mother asked.
"I don't know," the blonde said. "It wouldn't sit still!"
On the hour
Euro +0.1% vs. dollar.
Crude +1.51% to $93.69.
Gold +1.3% to $1254.
Looks like the trickle down effect is working well for the top 20% of consumers.
At the open
Dow +0.15% to 16122. S&P +0.09% to 1809. Nasdaq +0.31% to 4057.
Treasurys: 30-year -0.34%. 10-yr -0.16%. 5-yr -0.04%.
Commodities: Crude +0.61% to $92.86. Gold +1.12% to $1251.8.
Currencies: Euro -0.01% vs. dollar. Yen 0.%. Pound +0.04%.
Let's hope she doesn't screw it up like Anonymous:
HHS awards HealthCare.gov contract to HP, replacing Verizon 11/27 03:59 PM
U.S. IT giant Hewlett-Packard Co. will take over the troubled HealthCare.gov website from Verizon Communications , The Wall Street Journal reported Wednesday.
The U.S. Department of Health and Human Services won't renew its contract with Terremark Worldwide Inc. of Miami, Verizon's information technology subsidiary, as the Web-hosting provider for the federal health insurance marketplace, which serves 36 states, sources told the newspaper.
Verizon collected a total of $55.4 million for its contract work since 2011, including $9.4 million in November to increase capacity for the website, which has been plagued by crashes and outages at Verizon's (VZ:$49.93,00$-0.12,00-0.24%) data center, the Journal said.
The government solicited new bids for a contract to take over from Verizon, whose headquarters are in New York, as early as this spring, and the $38 million contract given HP, which has its headquarters in Palo Alto, Calif., was awarded this past summer.
An HHS official told the Journal the agency overseeing the marketplace "has begun the necessary activities to transition the data center over to HP. We are working to ensure a smooth transition between the two contractors."
HHS Secretary Kathleen Sebelius said Tuesday the HealthCare.gov website is "vastly improved" as a Saturday deadline for improvement approaches.
blogger, Too much money chasing yields and return. Even a 2 bit harlot looks like a princess for just landed sailors who were gone for a year at sea.
Wednesday November 27, 4:00 PM
At the close
Dow +0.15% to 16097. S&P +0.25% to 1807. Nasdaq +0.67% to 4044.
Treasurys: 30-year -0.27%. 10-yr -0.18%. 5-yr -0.08%.
Commodities: Crude -1.33% to $92.43. Gold -0.28% to $1238.
Currencies: Euro +0.01% vs. dollar. Yen +0.87%. Pound -0.37%.Type message
blogger, after cutting jobs and R&D funding, Meg still have one more trick which is to unload parts of the company to the Chinese or hedge fund barbarians.
rb, you did see the PC profit margin pronounced by Meg yesterday right? What was it again?
Good news is bad or it is different this time as wall street is now accustomed to the QE taper fear.
Initial Jobless Claims dives 10K to 316K
Initial Jobless Claims: -10K to 316K vs. 330K consensus, 326K prior revised (323K prior week).
Continuing claims -91K to 2.77M.
R&D spend fell 20% Y/Y to just $729M (2.7% of revenue). Sales/marketing +4% to $3.35B.
$479M was spent on buybacks, up from a mere $3M in FQ3. H-P, which has lately been focused on paring its debt load, recently said it would ramp its buyback activity
That was when Meg took a $10,000,000,000 charge to earnings ... and announced massive layoffs etc.
Dell's privatization mess probably helped a bit but won't last in mho.
At the close
Dow +0.01% to 16073. S&P +0.05% to 1802. Nasdaq +0.58% to 4017.
Treasurys: 30-year +0.28%. 10-yr +0.22%. 5-yr +0.12%.
Commodities: Crude -0.26% to $93.85. Gold +0.03% to $1241.95.
Currencies: Euro +0.39% vs. dollar. Yen -0.39%. Pound -0.35%.