Translate

Search This Blog

Search Tool




Dec 11, 2015

The Guardian | Environment | Climate Change | Cop 21: UN Climate Change Conference | Paris - December 11, 2015: Australia Belatedly Joins 'Coalition of Ambition' at Paris Climate Talks

theguardian.com

Australia belatedly joins 'coalition of ambition' at Paris climate talks

Lenore Taylor
 
Australia has belatedly joined a “coalition of ambition” in the Paris climate talks – a loose grouping of more than 100 developed and developing countries including the US, EU, Canada and Brazil – aimed at countering a push by China, India and Saudi Arabia to water down aspects of the climate pact as negotiations run overtime.

WSJ | Major Indexes Closing on December 11, 2015.

The Wall Street Journal Major Indexes Closing
Major Indexes 5:43 p.m. EST 12/11/15

WSJ | Forex Closing on December 11, 2015.

The Wall Street Journal Forex Closing
Major Currencies
Friday, December 11, 2015

SEC Press Release - December 11, 2015: Sports Team Offering Is A Penny Stock Fraud.

SEC Seal

The Securities and Exchange Commission today announced fraud charges and a court-ordered asset freeze obtained against a Florida-based penny stock company falsely touting itself as “the largest publicly traded diversified portfolio of professional sports teams in the world.”

WSJ | Biggest Decliners Closing on December 11, 2015.

NYSE Biggest Percentage Decliners | Nasdaq | Arca | Composite

WSJ | Biggest Gainers Closing on December 11, 2015.

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:46 pm ET 12/11/2015
NYSE

WSJ | Most Actives Closing on December 11, 2015.

The Wall Street Journal Most Actives Closing
Most Active Stocks by Volume
4:32 pm ET 12/11/2015
NYSE

SEC | Press Release - December : SEC Proposes Rules for Resource Extraction Issuers Under Dodd-Frank Act

SEC Seal

The Securities and Exchange Commission today voted to propose rules that would require resource extraction issuers to disclose payments made to the U.S. federal government or foreign governments for the commercial development of oil, natural gas or minerals.  The proposed rules, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, are intended to further the statutory objective to advance U.S. policy interests by promoting greater transparency about payments related to resource extraction.

GATA | THE GATA DISPATCH - December 11, 2015: Articles: Zero Hedge: China's Devaluation Is Plan Is Warning to Fed Against Raising Rates | China Signals Aim To Loosen Yuan's Peg to Dollar and Use Currency Basket Instead | Austria Repatriates 15 Tonnes of Gold From London.

 

CMI Spot Prices as of Close of Trading in New York on December 11, 2015.



CMI Gold & Sliver




Spot Prices as of traditional New York closing times

Friday, December 11, 2015


Gold

Today Change Week Ago Month Ago Year Ago
$1,077.20 +$3.50 $1,085.90 $1,090.00 $1,223.40

Silver

Today Change Week Ago Month Ago Year Ago
$13.93 -$0.21 $14.56 $14.39 $17.11

Platinum

Today Change Week Ago Month Ago Year Ago
$845.50 -$13.10 $883.70 $901.70 $1,233.20

Palladium

Today Change Week Ago Month Ago Year Ago
$546.15 +$1.10 $568.40 $599.15 $816.55

Gold/Silver Ratio

77.33

Wall Street at Close Report by CNBC on December 11, 2015: Dow Closes Down 300, S&POff Nearly 2% as Oil Slumps.

cnbc.com

Dow closes down about 300, S&P off nearly 2% as oil slumps

Evelyn Cheng
 
U.S. stocks closed out a volatile week with sharp losses Friday, as oil hit near-seven-year lows and news of another corporate merger weighed ahead of the Fed's highly anticipated decision on rates next week. News of a roughly $800 million junk bond fund preventing withdrawals also unnerved markets.

The S&P 500 had its worst week since the middle of August, while the Dow Jones industrial average and the Nasdaq composite had their worst week in a month. The major averages ended the week with losses of more than 3 percent, with the Nasdaq composite the worst performer, off about 4 percent for the week.

European Markets at Close Report on December 11, 2015: Europe Closes Sharply Lower After IEA Warning Weighs on Oil.

cnbc.com

Europe closes sharply lower after IEA warning weighs on oil

Alexandra Gibbs, Arjun Kharpal, Holly Ellyatt
European markets closed sharply lower on Friday as investor sentiment was curbed by more declines in the oil price.



 


FTSE FTSE 100 Index 5971.05
-117.00 -1.92% 558671846
DAX DAX Index 10377.04
-221.89 -2.09% 78690483
CAC 40 CAC 40 Index 4562.98
-72.08 -1.56% 123466407
IBEX 35 IBEX 35 Idx 9652.90
-125.80 -1.29% 155796060
The pan-European STOXX 600 closed down 1.6 percent provisionally with stocks also under previous in the United States. The benchmark finished the session with a weekly loss of around 4 percent. All major indices were in negative territory with the German DAX finishing close to 2 percent lower.

Bits | The Business of Technology - December 11, 2015: Machines Outdo Humans in Identifying Characters

 The New York Times
 
Friday, December 11, 2015
Daily Report
Machines Outdo Humans in Identifying Characters | Researchers say they have created artificial intelligence that in some cases can do a better job of learning and identifying characters than humans.
While we're still a long way from the Terminator or the female automaton Ava in "Ex Machina," the development is a significant leap in A.I. technology. So-called computer-vision technology is already used in a wide array of products, from cars to video-game controls.

FTC | Consumer Updates - December 11, 2015: And Then a Light Bulb Went Off In Your Head.


Federal Trade Commission Consumer Informationby Pablo Zylberglait
 
Senior Attorney, Division of Litigation Technology and Analysis, FTC
The days are suddenly getting shorter and you want to add some brightness without spinning the electricity meter like a dreidel.  But you haven’t bought light bulbs in a very long time and the light bulb aisle at the store seems, well, different.

ESA | Manufacturing and Trade: Inventories and Sales - December 11, 2015: October 2015 Business Inventories Were Unchanged From September and Up 2.0 % From October 2014...more

ESA Overlay Banner

October 2015 business inventories were $1,814.5 billion, virtually unchanged from September and up 2.0 percent from October 2014.  Sales were $1,317.7 billion, down 0.2 percent from the previous month and down 2.7 percent from one year earlier.


Economics & Statistics Administration

Reuters || Deals - December 11, 2015: Dow and DuPont to Merge in Deal to Create $130 Billion Chemical Giant.

reuters.com

Dow and DuPont to merge in deal to create $130 billion chemical giant

By Swetha Gopinath
 
Chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion in a win for activist investors that could spark further consolidation in the farm chemicals industry.The deal to combine two of the biggest and oldest U.S. chemical producers is a prelude to an eventual split-up of the combined company into three discrete businesses, Dow and DuPont said on Friday.
But it is likely to face intense regulatory scrutiny, given an extensive overlap of their agriculture businesses.

U.S. Stock Market Futures Indications Update by CNBC: Futures hold lower after retail sales; oil weighs

cnbc.com

Futures hold lower after retail sales; oil weighs

CNBC.com staff
 
U.S. stock index futures indicated a lower open on Friday as oil continued to decline and traders eyed data that will provide one last look at the mood of consumers before the Fed meets next week to consider the first rate hike in nine years.
November retail sales rose 0.2 percent. Ex-autos, retail sales rose 0.4 percent. Taking out autos, gasoline, building materials and food services, retail sales increased 0.6 percent after an unrevised 0.2 percent gain in October.

BLS News Release - December 11, 2015: PPI for final demand increases 0.3% in November; services advance 0.5%, goods fall 0.1%.

Bureau of Labor Statistics

PPI for final demand increases 0.3% in November; services advance 0.5%, goods fall 0.1%

12/11/2015

The Producer Price Index for final demand increased 0.3 percent in November. Final demand prices decreased 0.4 percent in October and 0.5 percent in September. In November, prices for final demand services advanced 0.5 percent and the index for final demand goods declined 0.1 percent.
HTML | PDF | RSS

NYT First Draft on Politics - December 11, 2015: Outcries and Criticism Fail to Yank Trump From Catbird Seat, Polls Say .

Friday, December 11, 2015

The New York Times

NYTimes.com/FirstDraft »

The New York Times

Friday, December 11, 2015


Donald J. Trump in Spencer, Iowa, last week.
Donald J. Trump in Spencer, Iowa, last week. Mark Kauzlarich/Reuters

By MAGGIE HABERMAN
Good Friday morning. As he has done multiple times in this campaign, Donald J. Trump has shown that the criticism and controversy that chase his often inflammatory statements, do not follow him into the polls. Several new surveys show that his calls to bar Muslims from the United States have not damaged his support.

The Guardian | Business | Markets | Stock Markets - December 11(11:46GMT) - IMF Chief Lagarde Highlights Brexit Referendum as Risk to Strong UK Economy

theguardian.com

IMF chief Lagarde highlights Brexit referendum as risk to strong UK economy - live

Julia Kollewe
Aprox

Reuters | Global Climate Talks: Global Climate Talks Stumble Near Finish Line; Obama and Xi Talk.

reuters.com

Global climate talks stumble near finish line; Obama and Xi talk

By Emmanuel Jarry and David Stanway
 
PARIS Efforts to craft a global accord to combat climate change stumbled on Friday with China and many other nations refusing to yield ground, forcing host France to extend the U.N. summit by a day to overcome stubborn divisions.

Bloomberg View - December 11, 2015: Disappearances in China Highlight Ruling Party Detention System.

bloomberg.com

Disappearances in China Highlight Ruling Party Detention System

Bloomberg News
 
The baffling disappearance of Chinese executives in recent weeks has drawn attention to the ruling Communist Party’s practice of holding people incommunicado either as targets of investigations themselves or to help with probes of others.
The most recent example came last night, when Caixin magazine reported that Guo Guangchang, the billionaire chairman of Fosun International Ltd. couldn’t be contacted, without giving further details. Fosun suspended its shares today and its bonds plunged by a record. Other high profile cases in recent weeks included two members of Citic Securities’ executive committee who became unreachable earlier this month, along with Yim Fung, the chief executive officer of Guotai Junan Securities Co.

DealBook Today's Top Headlines - December 11, 2015: Chairman of Fosun Group Said to Be Missing | High-Yield Fund Blocks Investor Withdrawals | The Blowback for the Whistle-Blower at JPMorgan.

Friday, December 11, 2015
TODAY'S TOP HEADLINES
By AMIE TSANG
CHAIRMAN OF FOSUN GROUP SAID TO BE MISSING The billionaire chairman at one of China's biggest private conglomerates is reportedly missing as the authorities are intensifying their scrutiny of the finance sector, Michael Forsythe reports in DealBook.

The group's listed arm, Fosun International, trades in Hong Kong and its shares were suspended on Friday with no explanation or announcements from the company.

U.S. Stock Market Future Indications by CNBC - December 11, 2015: Dow Futures Briefly Fall 150 Points as Street Eyes Retail Sales.

cnbc.com

Dow futures briefly fall 150 points as Street eyes retail sales

CNBC.com staff

U.S. stock index futures indicated a broadly lower open on Friday as traders looked towards the release of a set of data that will provide one last look at the mood of consumers before Federal Reserve officials meet next week to consider the first rate hike in nine years.
Dow futures briefly fell about 150 points — and held about 130 points lower — ahead of the release of some key data points.

Retail sales and PPI are due at 8:30 a.m. ET, with business inventories and consumer sentiment scheduled for release at 10:00 a.m.
In oil markets, Brent crude traded at around $39.09 a barrel on Friday morning, down 1.61 percent, while U.S. crude was at around $36.30 a barrel, down 1.25 percent.
In Asia the Shanghai Composite closed 0.58 percent lower while Japan's Nikkei finished 0.97 percent higher. In Europe, the pan-European Stoxx 600 index was around 1.39 percent lower on Friday morning.
--CNBC's Patti Domm contributed to this report

European Markets at Close Report by CNBC on December 11, 2015: Stocks Down 1.4% After IEA Warning Pushes Oil Lower.

cnbc.com

Stocks down 1.4% after IEA warning pushes oil lower

Arjun Kharpal, Holly Ellyatt
 
European markets extended losses on Friday as sentiment is damaged by yet more declines in oil prices.
The pan-European STOXX 600 was down over 1.4 percent with all major indices in negative territory.
Global stock markets are on track to end the week deep in the red as the decline in oil prices continues with both Brent and WTI trading below 40 dollars a barrel.
Asian markets traded mixed on Friday, despite Wall Street's positive finish overnight, as record low oil prices weighed on energy, material and industry sectors.