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Thursday, June 28, 2012

Financial news 06/28/2012

Reuters: Orders for manufactured goods unsustainable per Commerce Dept.
Business Insider: USDA has spent $3 million marketing food stamps
Daily Finance: Ethical misconduct costs economy more than Madoff Ponzi
HGTV: Texas woman wins HGTV green home grand prize worth near $800,000
InvestorPlace: Surge in Q2 home buying difficult to sustain in joblessness
DOL:  Jobless claims for week ending 06/23, 386,000, mvng avrg 386,750
IBD: Low Q2 revenue & earnings guidance, and stock-split lower retail stocks
NYT: JP Morgan Chase loss mount up to as high as $9 billion
Bloomberg: Monetary and fiscal tightening in Europe match events from 1931 
MarketWatch: May Japanese retail sales decline .9% year over year
CNNMoney: Euro summit believed to be a cul de sac for economic resolution
AP: Barclay's bank to pay $453 million to settle interest manipulation charges
BBC: Joblessness and post-marriage issues "causing" many suicides in India

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