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Taken from: Sharp Deterioration in French Manufacturing; Hollande Orders Employers to Pay 75% Tax; Top Executives Join France Exodus
Continue reading here: Spain’s Deficit Set to Soar; GDP Poised to Plunge; Job Losses Fastest in 3 Years; IIF Wants…
Originally posted here: Judge Rules Stockton CA Bankruptcy is Valid, City Acted in Good Faith
Johnson & Johnson (JNJ) $4.03 billion Net Negative Cash Counting short-term investments, net corporate cash of the 50 largest companies is negative $543.67 billion. Total cash of the 10 companies that have positive balance sheet cash (counting short-term investments as a cash equivalent) is $216.05 billion.
Bloomberg reports Napolitano Names Advisers in Renewed Push for Italian Deal Italian President Giorgio Napolitano renewed his push to forge a government from the country’s divided parliament by drafting advisers from two of the top three political forces. Members of the parliamentary coalitions headed by Pier Luigi Bersani and ex-Prime Minister Silvio Berlusconi were among the 10 men selected, according to an e-mail sent late yesterday by Napolitano’s office.
Happy Easter Posted by Michael Shedlock at 11:10 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Here are some unemployment charts I put together via Ycharts. Youth Unemployment Rates US vs.
View original post here: Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
Read More: Bersani Pleads for "More Insanity" as Italian Government Talks Collapse
Taken from: The Axe is in Position, Only the Timing of the Swing is in Question