Oil drilling equipment maker Cameron International Corp. (CAM) reported third quarter earnings per share (excluding special items) of 78 cents, exceeding the 64 cents (adjusted) earned in the prior-year quarter and the Zacks Consensus Estimate of 74 cents. The outperformance reflects robust profitability from its ‘Drilling & Production Systems’ and ‘Valves & Measurement’ segments. Quarterly [...]
The Automatic Data Processing (ADP) employment survey was stronger than expected in October. It shows that private sector employment rose by 110,000, above consensus expectations for a 100,000 increase. The September numbers were revised up to a gain of 116,000 jobs from the initial report of a 91,000 gain. On average, the ADP report does [...]
One of the most important components of modern-day consumer electronic devices, such as PCs, laptops, notebooks, tablets, pen drives, cameras or iPods often goes unsung. This is because storage capacity is such an essential part of these devices that we practically forget to see it separately as a component. But this sub-market, if you will, [...]
You can read the lies for yourself here: Japan’s giant pension fund sees asset sales steady next year.
This has to be one of the worst articles I’ve ever read, full of more lies I’ve ever seen.
“Mitani said the 2.5 trillion yen may be recovered under the third supplementary budget that the government is now discussing, although he is not yet certain.”
i.e. He has no idea what’s going on and he’s lying. It gets worse:
“The March 11 earthquake has not prompted a reshuffling of the fund’s portfolio, Mitani said.”
Wow…how is this clown in charge of anything but a pig farm on his own land?
It gets better:
“”We’ve closely watched the market after the earthquake. Market volatility increased temporarily, but in general the impact of the earthquake was limited,” Mitani added.”
Limited to 20,000 dead? Mitani, you are the worst economist to ever live. if you had been on Game of Thrones you would have been killed before the pilot.
Replace clowns such as Mitani with real men.
“He added that the outlook on asset sales was unclear beyond 2012/13.”
That would be seven months from now.
An economy cannot recover when clowns are in charge.