South Park Bank by stewie_g

• Gas Price Spike Has Temporary Offset February 22, 2012
  How much rising gasoline prices will pinch consumers has yet to be seen, but energy savings from the warm winter may have already helped consumers avoid some of the pain.
• HP Earnings Beat Street February 22, 2012
  HP says its net income fell 44 percent in the most recent quarter as revenue dipped in the midst of an attempted turnaround under new leadership.
• 4 Market Tells That Are Better Than The Dow February 22, 2012
  Dow 13,000 makes for a great headline but is was slightly less exciting to those who make their living investing.
• Housing's Dilemma: There's Not Enough to Buy February 22, 2012
  Non-distressed sellers are making up less and less of the overall housing market. That does not a healthy housing market make.
• Obama Seeks Corporate Tax Rate Cut, Loophole Limit February 22, 2012
  President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas.
• Investors Should Cut Risk As Global Woes Add Up: El-Erian February 22, 2012
  Investors are justified for viewing the Greek debt deal with skepticism and should reduce their risk allocation accordingly, Pimco's Mohamed El-Erian said.
• Chris Christie to Warren Buffett: Just 'Shut up' February 22, 2012
  Outspoken New Jersey Gov. Chris Christie had harsh words for billionaire investor Warren Buffett on taxes.
• Tech Bubble 2.0: It's a Private Thing February 22, 2012
  It takes companies an average of nine years to go public. No wonder investors stand to make the big bucks on private exchanges.
• S&P Fails to Break Key Level; Euro Zone Data Weigh February 22, 2012
  U.S. stocks stalled Wednesday with the S&P 500 near a 10-month-old high after weak data on Europe's business activity raised concerns about a recession.
• Japanese Yen: The Key Currency Mover Right Now February 22, 2012
  For all the wrangling, jaw-boning and fretting, the relationship between the U.S. dollar and the Euro has been stuck in a trading range for more than a month, with (EUR/USD) hanging out around $1.30. According to Marc Chandler, head of global currency strategy at Brown Brothers Harriman current levels locked into place is a function [...]

Please let me know what topics are of interest to you.  Thanks for your input.

• Oil stocks up 3.6 million barrels: trade group February 22, 2012
  SAN FRANCISCO (MarketWatch) -- Crude-oil supplies rose 3.6 million barrels on the week ended Feb. 17, a trade group said late Wednesday. The American Petroleum Institute reported its weekly supply data a day later due to Presidents Day holiday. The API said gasoline supplies rose 314,000 barrels, while distillates stockpiles were up 630,000. The Energy Information Administration reports official data Thursday, also a day later than usual. Analysts polled by Platts expect crude-oil supplies up 1.7 million barrels, gasoline stockpiles down 450,000 barrels, and distillates inventories down 1.8 million barrels. Oil futures ended at a nine-month high on Wednesday at $106.28 a barrel on the New York Mercantile Exchange.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• SkullCandy swings to a profit as sales jump February 22, 2012
  SAN FRANCISCO (MarketWatch) -- SkullCandy Inc. said Wednesday afternoon that it swung to a fourth-quarter profit on stronger-than-expected sales of its headphone products and other audio accessories. For the quarter ended Dec. 31, SkullCandy reported net income of $12.3 million, or 44 cents a share, compared to a net loss of $9.7 million, or 69 cents a share, for the same period the previous year. Earnings on a non-GAAP basis would have been $13.2 million, or 47 cents a share, for the recent period. Revenue rose 29% to $83.4 milliion. Analysts were expecting earnings of 48 cents a share on revenue of $662.4 million for the period, according to consensus estimates from FactSet Research. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• U.S. stocks fall for first day in four February 22, 2012
  SAN FRANCISCO (MarketWatch) -- U.S. stocks closed lower Wednesday, breaking three straight days of gains, as investors backed off from a rally that had sent indexes to multiyear highs, and following economic data that showed business activity contracting in China and Europe. The Dow Jones Industrial Average lost 27.02 points, or 0.2%, to 12,938.67, its first down day in four. The S&P 500 fell 4.55 points, or 0.3%, to 1,357.66, also quitting three straight days of gains. The Nasdaq Composite fell 15.40 points, or 0.5%, to 2,933.17; the tech-weighted index has lost ground for three days.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• H-P net falls 44%, beats earnings view February 22, 2012
  SAN FRANCISCO (MarketWatch) - Hewlett-Packard on Wednesday reported a fiscal first-quarter profit of $1.47 billion, or 73 cents a share, compared with a profit of $2.6 billion, or $1.17 a share, for the year-earlier period. Revenue was $30.04 billion, down from $32.3 billion. Adjusted profit was 92 cents a share. Analysts were expecting earnings of 87 cents a share, on revenue of $30.7 billion, according to a consensus survey by FactSet Research. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• Analog Devices earnings fall 37% in first quarter February 22, 2012
  SAN FRANCISCO (MarketWatch) -- Analog Devices said Wednesday afternoon that earnings for the first fiscal quarter slid by 37% as a drop in sales was offset by higher expenses. For the quarter ended Feb. 4, Analog Devices reported net income of $139.4 million, or 46 cents a share, compared to net income of $222.1 million, or 70 cents a share, for the same period the previous year. Revenue fell 11% to $648 milliion. Analysts were expecting earnings of 48 cents a share on revenue of $662.4 million for the period, according to consensus estimates from FactSet Research. The company also raised its regular quarterly dividend by 20% to 30 cents a share. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• Oil inches higher, settles past $106 a barrel February 22, 2012
  SAN FRANCISCO (MarketWatch) -- Crude-oil futures ended marginally higher Wednesday, buoyed by lingering fears of a supply disruption after meetings in Tehran to assess Iran's nuclear program ended in disappointment for the officials with a watchdog nuclear agency. Crude traded in the red in early trading, only to seesaw as the day progressed. The April contract advanced 3 cents to settle at $106.28 a barrel on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• Gold settles at three-month high, above $1,770/oz February 22, 2012
  SAN FRANCISCO (MarketWatch) -- Gold futures shook off initial weakness to settle at a three-month high on Wednesday. Gold for April delivery advanced $12.80, or 0.7%, to end at $1,771.30 an ounce on the Comex division of the New York Mercantile Exchange, the highest for a most-active gold contract since Nov. 16. Early losses were met with vigorous buying, aided as the dollar pared gains slightly during the session, analysts said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• Two shot at Wal-Mart distribution center February 22, 2012
  BOSTON (MarketWatch) -- Local officials have confirmed that two people were shot on Wednesday at a Wal-Mart Stores Inc. distribution center in Dinwiddie County, Va., the Associated Press reported. A spokeswoman for the Dinwiddie County Fire Department told the AP that she didn't know the conditions of the two victims or whether a suspect had been apprehended. State and county police were still at the crime scene as of early afternoon. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• Time Warner's TBS renews "Conan" February 22, 2012
  BOSTON (MarketWatch) -- Time Warner Inc.'s TBS division has renewed Conan O'Brien's show "Conan" for two more years, according to the Associated Press on Wednesday. The show debuted on the cable network in November 2010 and has averaged about 1.1 million viewers per show so far this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
• U.S. sells 5-yr notes at highest yield in 3 months February 22, 2012
  NEW YORK (MarketWatch) -- The Treasury Department sold $35 billion in 5-year notes on Wednesday at a yield of 0.9%, the highest level since November. Bidders offered to buy 2.89 times the amount of debt sold, compared to an average of 3.02 times at the last four sales of 5-year notes, according to CRT Capital Group. Indirect bidders, a group which includes foreign central banks, purchased 41.8%, compared to 47.2% of recent sales. Direct bidders, a class which includes domestic money managers, brought another 12.9%, versus an average of 11.1%. After the auction, the broader bond market held onto gains. Yields on 10-year notes , which move inversely to prices, fell 3 basis points to 2.03%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

• Oil supplies up 3.6 mln barrels on week: API February 22, 2012
• Brainard: G20 boost to IMF comes after EU firewall February 22, 2012
• Brainard: Greece must deliver on commitments February 22, 2012
• Treasury's Brainard: Greece is on sustainable path February 22, 2012
• H-P sees 2012 adjusted EPS of 'at least $4' February 22, 2012
• H-P shares down 2.2% after Q1 results February 22, 2012
• Analog Devices shares off 2.7% after Q1 report February 22, 2012
• H-P sees Q2 adjusted EPS of 88c-91c February 22, 2012
• CORRECT: H-P Q1 revenue $30.04 bln vs $32.3 bln February 22, 2012
• Fluor Q4 revenue $6.25 bln vs $5.27 bln February 22, 2012

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