Bullish Blog

Dec 11 – =============================================================================== Summary analysis — Genting Bhd. ———————————- 11-Dec-2012 =============================================================================== CREDIT RATING: BBB+/Stable/– Country: Malaysia Primary SIC: Hotels and motels Mult. …

TOKYO (Reuters) – Asian shares edged up to a 16-month high on Tuesday and the euro firmed, but prices were capped as investors waited for the U.S. Federal Reserve's policy decision this week and any progress in U.S. budget talks. European shares were likely to crawl higher too, with financial spreadbetters predicting London's FTSE 100 , Paris's CAC-40 and Frankfurt's DAX will open as much as 0.3 percent higher. But a 0.2 percent drop in U.S. stock futures hinted at a soft Wall Street open. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.3 percent to a 16-month high. …

TOKYO (Reuters) – Asian shares edged up to a 16-month high on Tuesday and the euro firmed, but prices were capped as investors waited for the U.S. Federal Reserve's policy decision this week and any progress in U.S. budget talks. European shares were likely to crawl higher too, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX will open as much as 0.3 percent higher. But a 0.2 percent drop in U.S. stock futures hinted at a soft Wall Street open. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.3 percent to a 16-month high. …

Stocks edged higher Monday on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime minister. Investors also waited for developments in crucial U.S. budget talks.

NEW YORK (Reuters) – U.S. stocks edged higher on Monday, helped by gains in McDonald's after the fast-food giant posted strong sales results, and a move up in technology shares. Technology stocks were the S&P 500's best-performing sector as Hewlett-Packard Co climbed 2.9 percent to $14.20 on rumors that activist investor Carl Icahn is building a stake in the PC maker. The stock is down 44.5 percent for the year and ranks as the Dow's worst performer. Tech was also supported by Cisco Systems , which gained 2.4 percent to $19.79 after the company presented its midterm growth strategy on Friday. …

BOSTON (Reuters) – A U.S. federal judge on Monday ordered Goldman Sachs Group Inc to take down statements from its website related to its representation of Dragon Systems in a 2000 sale that blew up when acquirer Lernout & Hauspie went bankrupt after accounting regularities emerged. A two-month jury trial in the civil case is expected to begin Monday afternoon in U.S. District Court in Boston. Lawyers for Dragon's founders are expected to accuse the iconic Wall Street bank of negligent misrepresentation and malpractice in their opening arguments. U.S. …

Stocks inched higher Monday on Wall Street after a strong sales report from McDonald's helped offset concerns about the surprise resignation of Italy's prime minister. Investors also waited for developments in crucial U.S. budget talks.

Italy's stock market fell sharply and its borrowing costs jumped Monday as investors and European leaders worried over the country's political and financial future following Premier Mario Monti's surprise decision to resign.

Stocks are inching higher on Wall Street Monday after the surprise resignation of Italy’s prime minister, Mario Monti, sent a jolt through European markets.

ROME (Reuters) – European partners urged the next Italian government on Monday to stick to Prime Minister Mario Monti's reform agenda, after his decision to resign early and Silvio Berlusconi's return to frontline politics rattled financial markets. Monti's surprise weekend announcement that he would quit because Berlusconi's People of Freedom (PDL) party had withdrawn its support for his technocrat government pushed up Italy's borrowing costs and prompted a stock market sell-off. …