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07:42 CarMax Q1 net 52c vs 54c MarketWatch
07:42 CarMax Q1 sales $2.77 bln vs. $2.68 bln MarketWatch
07:40 Evergrande stock tumbles on fraud accusation MarketWatch
07:40 Stock futures point lower after Fed, China data MarketWatch
07:39 ConAgra: Business environment remains challenging MarketWatch
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Oil futures see sharp declines after China data MarketWatch
Last Update: 6/21/2012 5:51:00 AM
Oil futures fall sharply, extending losses made the previous day, after weak Chinese data raise further concerns about demand trends, and as the Fed dashes hope for further aggressive policy intervention.
CLN2, DXY, RBN2, HON2, NGN12
Audits to show Spain banks need €65B: report MarketWatch
Last Update: 6/21/2012 2:52:00 AM
MADRID (MarketWatch) -- A report from independent auditors Roland Berger and Oliver Wyman due Thursday is expected to show Spanish banks have recapitalization needs of around €65 billion ($82 billion), according to Spanish daily ABC. The newspaper cited a preliminary report that was made available to the Spanish Economy Ministry. Doubts have been rising about whether a bailout of up to €100 billion from the European Union will be enough for the troubled banking sector, hit by a collapsed property market. Estimates of how much the banking sector needs varies, with a report from Fitch Ratings the prior day estimating banks will need €50 billion to €60 billion to cope with domestic-loan losses.
Let’s be frank, the euro’s days are numbered MarketWatch
Last Update: 6/20/2012 11:33:00 AM
Don’t be fooled by a Fed-fueled stock market rally, writes Michael Casey. The world must come to terms with a brutal fact: the euro’s endgame has begun.
EURUSD
Answers to your Bernanke questions​MarketWatch
Last Update: 6/20/2012 4:32:00 PM
Several readers took the time to share the questions they’d like to ask Federal Reserve Chairman Ben Bernanke at Wednesday’s press conference. Here’s a list of some of those, along with pertinent replies (sometimes from the chief, other times from MarketWatch).
Costly funds are today’s snake oil​MarketWatch
Last Update: 6/21/2012 4:23:00 AM
Few mutual fund investors would ever equate themselves with the gullible folks that bought Clark Stanley's snake oil liniment at county fairs back in the 1700s, but sadly similarities exist, according to new research.
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