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Tuesday, July 24, 2012

Financial news 07/24/2012

CNBC: Companies with strong regulatory compliance prove fraudulent
CNNMoney: Federal gridlock over tax cut expirations cost $1.3 billion
Business Insider: All four components of GDP "are in trouble"
AOL: Survey says 26% of financial service professionals "do wrong" 
NASDAQ: U.S. manufacturing index slowed to 51.8, lowest since 12/10
Reuters: Cisco Systems to cut 1,300 jobs in corporate restructuring
Bloomberg: Public pensions $4.6 trillion short of assets, or 41% funded
AP: Fears are spreading that Spain will need an unaffordable bailout
KEYC-TV: Moody's puts German AAA credit rating on negative watch 
BBC: Spanish regulator banned short-selling to slow market decline
MarkteWatch: Spanish 10-Yr bond yields recently surged to 7.44%

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