Jueves 17/06/10

[admin]

Eventos economicos

Jueves

CPI inflacion
Solicitudes de seguro de desempleo
Cuenta corriente
Indicadores lideres
Indice de Philadelphia
Money supply
Balance del Fed

Weekly Bill Settlement


Consumer Price Index
8:30 AM ET


Jobless Claims
8:30 AM ET


Current Account
8:30 AM ET


Leading Indicators
10:00 AM ET


Philadelphia Fed Survey
10:00 AM ET


EIA Natural Gas Report
10:30 AM ET


3-Month Bill Announcement
11:00 AM ET


6-Month Bill Announcement
11:00 AM ET


2-Yr Note Announcement
11:00 AM

[admin]

Los futures del Dow Jones 27 puntos a la baja.

Australia -0.29%, el Shanghai +0.43%, el Nikkei -0.37% , Korea +0.08%

Au up 1,234.80, futures cu down 2.9680

Euro down 1.2267

Analistas recomienda comprar BP

[admin]

Oil down 77.10

[admin]

Copper June 16,21:46
Bid/Ask 2.9657 - 2.9702
Change -0.0408 -1.36%
Low/High 2.9634 - 3.0156
Charts

Nickel June 16,21:37
Bid/Ask 8.8420 - 8.8874
Change -0.0975 -1.09%
Low/High 8.8420 - 8.9872
Charts

Aluminum June 16,21:48
Bid/Ask 0.8728 - 0.8773
Change -0.0091 -1.03%
Low/High 0.8728 - 0.8887
Charts

Zinc June 16,21:44
Bid/Ask 0.7921 - 0.7967
Change -0.0159 -1.96%
Low/High 0.7921 - 0.8125
Charts

Lead June 16,21:33
Bid/Ask 0.7714 - 0.7759
Change -0.0159 -2.02%
Low/High 0.7714 - 0.7918

[admin]

El ID para la clase es 602-473-729

[admin]

Que fenomeno, Apple dijo que tomo 600,000 pedidos del nuevo iPhone en el primer dia. AT&T tuvo que suspender la toma de pedidos, las computadoras se congelaron, a mi me cobraron dos veces por el telefono, tuve que llamar hoy dia para que me hagan la devolucion, menos mal que revise mi cuenta en el banco por otra cosa que tenia que ver y me di con esa sorpresa.

Apple dijo que ayer fue el dia de mas venta en su historia y que la demanda habia sido 10 veces mayor al anterior iPhone.

Los analistas esperaban que se vendieran 36 millones de iPhones en el anio que termina en Setiembre o sea 73% mas que el anio anterior de 20.8 millones.

AT& T dijo que su website fue visitada mas de 13 millones de veces ayer por los clientes que querian ver si calificaban para comprar el nuevo iPhone. Eso fue tres veces mas que las veces anteriores de lanzamiento del nuevo iPhone.

El iPhone representa el 40% de las ventas de Apple. Todavia estan en tercer lugar despues de Nokia y RIMM.

Apple tambien enfrenta una fuerte demanda de iPads que no ha podido satisfacer al 100% en sus tiendas alrededor de mundo.

[admin]

Es un bonito problema el que tiene Apple: el no poder satisfacer la demanda. Cuantas companias pueden decir lo mismo.

[admin]

Los futures del Dow Jones 27 puntos a la baja.

[El_Diez]

http://www.youtube.com/watch?v=KzvL8-WIpH4

Este video ya salio en todos los noticieros del país, la presencia activa de Sendero Luminoso nuevamente en la U. San Marcos.
En este país hay mucha gente masoquista, gente que parece que le encantara sufrir además de ser amnésicos e ignorantes y desagradecidos. La cada vez más activa presencia de Sendero Luminoso en el país los hará despertar. Un país que olvida los errores cometidos en el pasado esta condenado a repetirlos de nuevo

[admin]

Esa es la endoctrinacion de la izquierda, preguntense quien mantiene a esos estudiantes eternos que nunca se graduan cuyo trabajo es ganar simpatizantes a la causa terrorista.

Para ellos, la violencia es la unica respuesta a un sistema hostil e injusto, solo la fuerza y la revolucion han cambiado la historia, dicen, los sistemas sociales no cambiaran a las buenas, hacen un analisis de la historia basada en los cambios profundos que causaron las revoluciones como la Francesa, Rusa, etc.

Son los jovenes los que se unen a estos grupos, por que tienen pensamientos impresionables, faciles de manipular, debido a los sentimientos idealistas, el querer cambiar al mundo, hacerlo mas justo, ayudar a los pobres, etc.

Espero que esos jovenes con en transcurso de los anios, abran los ojos y se den cuenta que la izquierda no tiene proposiciones serias y sostenibles para la sociedad.

[admin]

Obama dio una ley de proteccion a los consumidores que limitaba los gastos que los bancos podian cobrar en tarjetas de credito y cuentas bancarias. Suena bien y suena "justo" Un analisis mas severo revela que toda ley debe ser analizada con mas profundidad.

Cuantos meses han pasado desde que se dio esa ley? dos o tres creo y las consecuencias han sido negativas por donde se mire. Los intereses en las tarjetas de credito se han duplicado, muchas personas han perdido sus lineas de credito, todas las lineas de credito han sido disminuidas o restringidas.

Esta respuesta sola es precisamente lo que el gobierno quiere evitar no promover, la economia para crecer necesita mas creditos. Lo contrario esta ocurriendo.

Y aqui viene el capitulo dos, esta noticia indica claramente que los bancos en su necesidad de remplazar los ingresos perdidos se las estan ingeniando para cobrarle gastos adicionaes a los ahorristas. Durante munios anios hemos gozado de las cuentas corrientes gratis. Parece que ya se acabo esta ventaja, BAC ha anunciado que cobrara por las cuentas bancarias.

End Is Seen to Free Checking

By ROBIN SIDEL And DAN FITZPATRICK
Bank of America Corp. and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that is expected to spell an end to free checking accounts for many Americans.

Free checking accounts, which have been widely available for more than a decade, have been a boon to middle-class consumers and attracted low-income customers to the banking system for the first time.

Customers will likely be required to pay new monthly maintenance fees on the most basic accounts that don't generate a lot of activity. To avoid a fee, customers will have to maintain certain account balances or frequently use other banking services, such as credit and debit cards, automated teller machines and online accounts.

"If you put $1,000 in a checking account and don't do anything with it, it will be hard to get that for free," says Sherief Meleis, a managing director at Novantas LLC, a consulting firm that advises banks.


James Velazquez uses a Bank of America ATM in Charlotte, N.C.
.Service Charges as a Percentage of Overall Core Revenue
For the 30 banks with the highest percentage, as ranked by Sandler O'Neill + Partners

Bank Percentage
City Holding Co. 28%
TCF Financial Corp. 26%
Regions Financial Corp. 18%
Capital City Bank Group Inc. 17%
Webster Financial Corp. 15%
North Valley Bancorp 15%
Community Trust Bancorp Inc. 15%
F.N.B. Corp. 15%
M&T Bank Corp. 14%
Old National Bancorp 14%
Renasant Corp. 14%
Prosperity Bancshares Inc. 14%
TriCo Bancshares 13%
StellarOne Corp. 13%
Glacier Bancorp Inc. 13%
Bank of America Corp. 12%
Farmers Capital Bank Corp. 12%
Hancock Holding Co. 12%
Huntington Bancshares Inc. 12%
United Bankshares Inc. 12%
FirstMerit Corp. 12%
Home BancShares Inc. 11%
Associated Banc-Corp. 11%
Wilshire Bancorp Inc. 11%
Great Southern Bancorp Inc. 11%
SunTrust Banks Inc. 11%
SCBT Financial Corp. 11%
United Community Banks Inc. 11%
Trustmark Corp. 11%
Comerica Inc. 11%

Note: Overall core revenue excludes securities gains and losses.

Source: Sandler O'Neill + Partners
.Some consumer advocates warn the new fees will whack consumers who now manage their bank accounts to avoid such charges. "Just because you made a lot of money on overdraft fees doesn't mean you deserve the income and doesn't mean you need the income," said Ed Mierzwinski, director of the consumer program for the U.S. Public Interest Research Group, a liberal lobbying group, in Washington.

The transformation of checking accounts comes at a time when banks are bouncing back from the steepest financial losses in a generation and are facing new regulations. To accelerate that recovery and recoup losses from new banking rules, financial institutions are increasingly leaning on customers who don't now generate enough revenue for the bank.

More than half of all checking accounts are currently unprofitable, according to a report issued last month by Celent, a unit of Marsh & McLennan Cos. It costs most banks between $250 and $300 a year to maintain one of the roughly 200 million checking accounts, according to industry estimates.

The situation is especially critical for Charlotte, N.C.-based Bank of America, which stands to lose more revenue than most other big banks because it is in the process of dismantling its checking-overdraft program in the face of new restrictions. Starting this summer, banks must receive customer permission before they can charge for overdrafts. But Bank of America has decided to drop most of its program altogether. The nation's largest bank, as measured by assets, said largely because of recent changes to its overdraft policy, it will forgo $600 million in revenue this year.

To generate new revenue, Bank of America is quietly testing new pricing models throughout the U.S., with most changes expected in early 2011. Executives have ruled out a flat monthly fee for all customers and are developing a tiered structure that encourages customers to increase banking activity or use other services to avoid future charges.

Bank of America customers who only want a low-volume checking account will likely be asked to pay for it. Fees will likely be waived for customers who keep their balances high, use bank credit cards or tap its investment advisers. Bank executives declined to discuss specifics of the plan saying it is still being formulated.

"Customers will have a choice," Bank of America Chief Accounting Officer Neil Cotty told analysts in April, of "bringing more relationships to us or paying a maintenance fee."

Banks say they stand to lose billions of dollars in revenue from separate new restrictions on credit cards and overdraft transactions that were announced earlier this year. They could lose even more from legislation winding its way through Congress. The Senate version of the financial industry overhaul bill, currently being reconciled with the House version, contains an amendment that could limit fees banks charge to merchants for debit-card transactions.

Financial institutions warn that such a measure would trigger higher fees on basic banking products, as well as the loss of rewards programs that are tied to debit-card use. U.S. banks collected $9.4 billion in banking fees in the first quarter, representing 16.5% of all noninterest income, according to the Federal Deposit Insurance Corporation.

The new regulations could reduce the industry's service fee revenues by as much as 20%, according to Sandler O'Neill + Partners, an investment firm that specializes in the banking industry. Bank of America's service charges are 12% of revenues, excluding securities gains, and a 20% drop in such fees would mean a loss of $2.2 billion for the bank, according to Sandler O'Neill.

It isn't clear if new fees under consideration would completely make up for revenue that will be lost as a result of regulation. But banks aren't waiting to find out. "We're not sitting around to get caught off guard," Ed Barham, chief executive of Stellar One Corp., recently told investors. The Charlottesville, Va.-based bank, he said, is "driving other sources of revenue, of fee income at the retail side especially."

Fifth Third Bancorp, a large regional bank based in Cincinnati, dropped its free checking account late last year and now offers packages that bundle checking with other services, such as fraud alerts, debit rewards or brokerage discounts for fees of up to $15 a month. The fee can only be waived with a certain type of checking account.

.TCF Financial Corp., a Wayzata, Minn., bank that used "totally free checking" as its slogan, eliminated its free checking account earlier this year and replaced it with an account that charges a monthly $9.95 maintenance fee. The bank will waive the fee if a customer keeps a certain minimum balance or has direct deposit.

Banks typically didn't charge for checking in the 1970s, but began imposing fees in the early 1980s to offset higher interest rates they were paying on savings accounts. That changed in 1986 when TCF began promoting a free checking account. By the late 1990s, most banks had followed suit.

The offers of free checking without any minimum balance requirements attracted a new wave of low-income customers, who previously went to check-cashing stores. Some consumer advocates have warned that the elimination of free checking could drive some of those customers out of the banking system.

From the banks' perspective, though, many of those customers aren't profitable. The recent report from Celent suggested that banks can look beyond checking accounts to impose other fees. The report warned, however, that banks need to be careful not to alienate good customers.

[admin]

La subasta de bonos Espanioles tuvo buena demanda, el euro sube.

Oil down 77.40, Au up 1,237,

Euro up 1.2377

Los futures del Dow Jones 43 puntos al alza

[admin]

Yields up 3.28%

Libor igual 0.54%

Europa al alza, el Asia cerro a la baja.

Oil down 77.27

Futures cu down 2.9550

[admin]

Metales basicos a la baja

Copper June 17,07:36
Bid/Ask 2.9534 - 2.9580
Change -0.0531 -1.77%
Low/High 2.9271 - 3.0156
Charts

Nickel June 17,07:37
Bid/Ask 8.8398 - 8.9305
Change -0.0998 -1.12%
Low/High 8.6583 - 8.9872
Charts

Aluminum June 17,07:31
Bid/Ask 0.8782 - 0.8828
Change -0.0036 -0.41%
Low/High 0.8624 - 0.9250
Charts

Zinc June 17,07:36
Bid/Ask 0.7889 - 0.7935
Change -0.0191 -2.36%
Low/High 0.7740 - 0.8125
Charts

Lead June 17,07:37
Bid/Ask 0.7778 - 0.7823
Change -0.0095 -1.21%
Low/High 0.7601 - 0.7918

[admin]

Hayward testifica hoy dia en el Congreso (BP)

Euro up 1.2375