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Friday, July 27, 2012

Financial news 07/27/2012

The Street: Paper-gold to bullion ratio in NY & London markets is 100:1
Bloomberg: Less than 200 people donated 80% of super-PAC funds
NYT: Treasury Secretary vows criminal investigations of interest-rate fraud
CNBC: Corporate earnings expectations for Q3, 2012 in negative territory
BEA: GDP for Q2, 2012 was 1.5%, down from 2% in Q1, 2012
AP: Fewer business orders & weak R.E. data point to slower economy
InvestorPlace: Some recently bullish small-caps are set to "cool off"
Reuters: Facebook shares drop after lacking forward revenue guidance
MW: Some retiree destinations restrict Americans from buying real-estate
Zero Hedge: Equity index margins on CME lowered by 20-25%
BBC: French lawmakers throw out bill legislating audit of their expenses

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