The Traderszone Network

Stocks followed up Tuesday’s gains with a mixed trading day on Wednesday. Small-caps and mid-caps came under selling pressure as MDY and IWM fell around .50%. Large-caps held on to their gains as SPY and QQQ finished fractionally higher. Indecisive trading the day before a three day weekend and the employment report is unsurprising. Utilities were not indecisive as the Utilities SPDR (XLU)…

An article about the ousting of Stan O’Neal from Merrill Lynch has become one of an estimated 50,000 expunged from certain Google searches.

By Jeffrey Himelson:

Facebook (FB) has yet again made a splash on the acquisition front. It was announced Wednesday afternoon that Facebook bought the video-advertising company LiveRail. The amount has not been officially disclosed, but the consensus estimate is somewhere between $400 million-$500 million. With this acquisition, Mark Zuckerberg’s bold statement of making ads people truly enjoy is seeming less like a pipe dream and more of a plausible reality.

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To tackle Beijing’s notorious air pollution, characterized by frequent thick smog hanging over the city, local authorities have come up with a possible solution: funneling wind through the streets to blow away the dirty air.
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ByAlbert Alfonso:

Late last month, Linn Energy (LINE) announced a major $2.3 billion transaction where it would acquire 275 MMcfe/d of mostly natural gas production from Devon Energy (DVN).

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“The data have not been consistent with the weak first half of the year,” said Sam Bullard, a senior economist at Wells Fargo in Charlotte, North Carolina. “The improving labor market backdrop is supportive of firming rates of U.S. growth in the second half of the year.”   With new applications for jobless aid trending lower and the share of businesses that cannot fill open positions rising, there is little doubt the labor market is tightening. Still, the unemployment rate is seen holding at a 5-1/2 year low of 6.3 percent.

FXStreet (Moscow) – USD/JPY touched the high of 101.93 early in Asia, though the gains were not…

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