The Traderszone Network

Narayana Murthy said he hoped the company’s management would rally behind the newly appointed non-executive chairman.

Australia data has come in better than consensus expectations
– The Q2 data (construction work) was buoyed by ‘engineering’ work – notably the completion fo a large LNG facility
AUD approaching (now above) its overnight high, there will be sellers 0.8000 & above:

Executives at General Motors (NYSE: GM) have been hammering a theme in presentations to investors over the last couple of years: GM, they have been saying, is a “compelling investment opportunity.”

Lately, they’ve stepped it up: In a presentation earlier this month, CFO Chuck Stevens said that GM is now a “more compelling investment opportunity.” Why? In part, he said, it’s because of the ways in which GM’s current leadership team allocates capital. 

Did he make a compelling case? Let’s take a look.

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FS Staff – Currently, the CBLEI is growing at 3.9% year-over-year and has reliably forecasted every recession since 1965 by dipping into the red zone, i.e. contracting, 6.5 months on average beforehand. That said, we aren’t in the red zone. Most of the leading…

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Via Reuters, the sparring parties re North Korean missile tests:

US ambassador to UN Nikki Haley
China’s UN. ambassador
Russia’s UN ambassador says

UN security council

An early preview look at industrial production for July, coming out tomorrow from japan
– expected -0.5% m/m
– prior +2.2% in June
Fall expected on the month for July to kick of Q3, following very strong Q2 results

The United Nations Security Council condemned North Korea’s firing of a ballistic missile over Japan on Tuesday as an “outrageous” threat.