Today's Top Stories - February 11, 2016  

Beware The Bell! U.S. stock index futures indicated a sharply lower open on Thursday as traders reacted to a sharp fall in European stocks and looked ahead to the second day of Fed Chair Janet Yellen's testimony in Washington More

Europe: European stocks traded sharply lower on Thursday, dragged down by a sell-off in banking and mining stocks, investors digest comments made by U.S. Federal Reserve chair Janet Yellen and what that means for the timetable for interest rate hikes More

Dollar, Stocks Plunge Abroad Thursday as investors seek relative safety of gold, top-rated bonds; shed the $, and stocks More

Asia: Asian markets closed mixed on Thursdayas investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile More

Oil: Oil slid on Thursday, dented by record U.S. crude inventories at the Cushing delivery point, worries about the demand outlook, and as Goldman Sachs said prices would remain low and volatile until the second half of the year More

Gold: Gold surged to its highest in 8-1/2 months on Thursdayas investors bet that the Federal Reserve could find it hard to hike U.S. interest rates this year, while safe-haven demand amid a tumble in equities and the dollar also boosted the metal More

Bass: China banks may lose 5 times US banks' subprime losses in credit crisis A Chinese credit crisis would see the country's banks rack up losses 400 percent larger than the hit U.S. banks took during the subprime mortgage crisis, storied hedge fund manager Kyle Bass has warned in a letter to investors More

Thursday is round two in Yellen versus the bond market Fed Chair Janet Yellen returns to Capitol Hill for a second day of testimony Thursday, and the bond market is likely to once more fight her every word More

Cramer: Yellen & oil—The world’s most dangerous game Jim Cramer thinks the stock market is playing a dangerous game. Every day the market plays rock, paper, scissors. It goes on endlessly until the close, and then starts right back up at the end of the day More

PepsiCo's quarterly revenue beats estimates PepsiCo reported better-than-expected quarterly net revenue, as higher sales of snacks and beverages in North America helped reduce the impact of a strong dollar More

SocGen profit rises, CEO seeks to calm nerves French bank Societe Generale recorded a rise in fourth-quarter net profit which nonetheless fell short of analyst forecasts, as its CEO sought to reassure nervous investors who have grown worried about the banking sector More

Yahoo Layoffs Have Begun, as Mayer Tries to Turn Around Her Turnaround Yahoo layoffs began today, according to numerous sources, with conference rooms across all its facilities reserved to tell employees that they have been fired More

Wall Street's nightmare candidates leading race It's early days, but the victories in New Hampshire's primary by Donald Trump and Bernie Sanders puts two of the candidates most likely to spook Wall Street in the lead … Trump has been unnerving Wall Streeters with his unpredicatability and off-the-cuff remarks, but analysts say the financial community — and markets — would ultimately back a Trump run, particularly if it is against Bernie Sanders More

The Fed won't be able to save stocks: Traders According to one technician, stocks should continue to slide regardless of the Fed's rhetoric on where interest rates are going next More

Emails: EPA Rushed to Resolve Tesla’s ‘Million Dollar’ Bureaucratic Snafu Senior administration officials rushed to the defense of a politically-connected electric vehicle company after its executives discovered they had run afoul of federal environmental regulations, internal emails show … Luxury electric vehicle manufacturer Tesla Motors realized in December 2009 that it had not obtained a certification from the Environmental Protection Agency that would allow its customers to claim a $7,500 tax credit to buy Teslas and other electric cars More

Bernie Sanders's New Hampshire victory speech: Terrifying I listened to the victory speeches of both Bernie Sanders and Donald Trump last night. Frankly, in terms of delivery, Bernie's was a lot better than The Donald's. Trump's speech was mostly extemporaneous happy talk, and not particularly inspiring More


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02-10-16 giant  catfish  
Big cat -- fish shot by VNS'  international photographer Corey Langley in Asia's Siam Paragon
 
VNS Photo by Corey Langley

 


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