Thursday, February 16, 2012

Quick Overview

  • Leak exposes how Heartland Institute (Koch) works to undermine climate science.


  • Equinix (EQIX) fourth-quarter profit rose 29%

  • Moody's warned that it may downgrade the credit ratings of 114 banks, including 17 global banks.


  • Nestle (NSRGF) posted a full-year sales growth of 7.5% - but it predicted a tough year ahead.




  • U.S Initial claims for unemployment benefits dropped 13,000 to 348,000, the lowest level since March 2008, the Labor Department said.


  • 7.58% of U.S. mortgage borrowers were late on their loan payments during the last three months of 2011, according to the Mortgage Bankers Association. That was down 0.67 % YoY and 2.5% from the peak set in the first quarter of 2010.

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