Salestrading comments from Europe
The Financial Times has put up a couple nice pictures which give you a very clear view of how the world’s oil production, consumption and flow is currently working. Check it out by following this link.
*MORGAN STANLEY 4Q LOSS FROM CONT OPS $3.61-SHR *MORGAN STANLEY 4Q INCLUDES ADDED $5.7 BLN SUBPRIME WRITEDOWN
* Oil Rises Above $92 After Turkish Soldiers Enter Northern Iraq
*GOLDMAN SACHS 4Q EPS $7.01; ANALYST ESTIMATE $6.64 *GOLDMAN SACHS BOOSTS BUYBACK PROGRAM BY 60 MILLION SHARES
*U.S. NOVEMBER CONSUMER PRICES RISE 0.8%; CORE INDEX UP 0.3%, WORSE THAN EXPECTED
*TWO-WEEK EURO LIBOR 4.95% VERSUS 4.14%, BBA SAYS
*TWO-WEEK EURIBOR RATE SOARS 80 BPS TO 4.95%, EBF SAYS
*SLM CORP. SEES 4Q ‘CORE’ EPS 52C-57C; ANALYST ESTIMATE 71C
*FED PLANS UP T0 $40 BLN `TERM AUCTION FACILITY’ SALES
*FED, ECB, CENTRAL BANKS ANNOUNCE JOINT EFFORT TO ADD LIQUIDITY