Wasn’t the economy supposed to be struggling? Then why are companies in the U.S. and all around the world raking in cash? Let’s look at which companies are most profitable — and how some of them stay that way.
Who Makes the Most Money?
Of the 25 companies with the largest corporate profits in the world, banking, energy and technology firms are absolutely ranking it in.
Collectively, they made $567,856,000,000 in 2012 [...]
word is folks….that CONgress is tryn to pass a 5 yr ‘compromise deal’ & but the problems cuttn the foodstamp program – house GOP wants a 40bil cut but senate wants 4bil cut - the dem housetards wanna propose just a trimmer to match senate proposal…not enuff boehner says. the two sides’re supposed to have a final compromise bill on the house floor by tomorrow/dec 13 but the deadline could be pushed into next [...]
London Gold Market Report
from Adrian Ash
Thurs 12 Dec 08:45 EST
Gold Drops $20, “I’d Rather Buy Silver,” Says Jim Rogers
WHOLESALE LONDON gold tumbled more than $20 per ounce in quiet trade Thursday morning, falling with world stock markets after the week’s “three-day rally [in gold] prompted some profit-taking” according to one dealing desk.
“The fact that India,” said investor, fund manager and best-selling author Jim Rogers to BullionVault overnight, “which has been the largest buyer, [...]
WASHINGTON (CBS DC) – A secret surveillance drone is under development by Northrop Grumman, reports Aviation Week.
The unmanned aircraft is still classified and is being tested at the notorious Area 51 in the Nevada desert.
There’s been no official word from either the Pentagon or Northrup, but Aviation Week says the drone is called the RQ-180 and will go into service in the Air Force in 2015.
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CAC 40 /quotes/zigman/3173214/realtime 4,061 -28 0.68%
FTSE MIB /quotes/zigman/1482176/realtime 17,823 -151 0.84%
IBEX 35 /quotes/zigman/2759620/realtime 9,270 -90 0.96%
Stoxx 600 /quotes/zigman/2380150/realtime 310 -3 1.05%
U.S. 10yr /quotes/zigman/15866666/realtime 2.87 +0.01 0.32%
German 10y /quotes/zigman/15866409/realtime 1.85 +0.03 1.72%
Italy 10yr /quotes/zigman/15866497/realtime 4.11 +0.05 1.25%
Spain 10yr /quotes/zigman/15866444/realtime 4.10 +0.06 1.53%
U.K. 10yr /quotes/zigman/15866328/realtime 2.91 +0.04 1.51%
Japan 10yr /quotes/zigman/15866525/realtime 0.66 -0.00 0.12%
U.S. 10 Year Treasury Note
chart shows 3 bumps of QE, now [...]