The Next Stop on the Facebook RoadShow
Today Facebook IPO team will be having breakfast with Boston base fund managers but they are likely to be in for a disappointment right at the start with a no show of Facebook CEO Mark Zuckerberg.
Curve Ahead Market Strategies
Analyst Downgrades
May 7th Analyst Downgrades
Breaking News – Markets Open Lower
Stocks opened lower Monday following elections in France and Greece over the weekend.
Breaking News – Non-Farm Payrolls (NFP)
Non-Farm Payrolls rise less than expected.
Breaking News – U.S. Service Sector
U.S. Service Sector shows
Analysis Upgrades for May 3, 2012
Before the bell analysis upgrades:
Lower Eurozone Producer Prices Fail to Stimulate Euro Volatility
THE TAKEAWAY: PPI numbers come in lower than expected -> high energy prices continue to affect producers -> Euro trades within tight range Producer price inflation in the 17-nation Eurozone increased less than expected in March, representing the sixth consecutive monthly drop in the gauge. The month-on-month number came in at 0.6% vs. the 0.5% predicted by economists, while the yearly number was 3.3% versus the expected 3.4%. The numbers
Breaking News – From the ECB’s Draghi
ECB’s Draghi:
Breaking News – Labor Department Weekly Release
Labor Department Weekly Release out – are they forecasting the Friday’s Non-Farm Payroll release?
Breaking News – ADP Numbers Out
Payrolls processor Automatic Data Processing says private-sector jobs