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Etf Preview: Etfs, Futures Turn Positive On Better-than-expected Nonfarm Jobs Data - Nasdaq.com

Exit Recession Italy is projected to exit a recession for the first time in four years, and Spains gross domestic product will pick up, economists forecast. Dont sell on the weakness, said Marinelli, who helps manage 110 million euros ($130 million) of assets at Pentalpha in London. Theres probably going to be some kind of compromise, and Greece is less a systemic issue now than it used to be. Syriza, which has been leading polls, plans to seek a writedown on Greeces debt, an option that German lawmakers have said is not on the table. But they are ready to discuss relief with Greeces next government.
Source: http://www.bloomberg.com/news/2015-01-11/greek-contagion-concerns-attract-bears-to-spain-italy.html

Greek Contagion Concerns Attract Bears to Spain, Italy - Bloomberg

Non-GAAP net loss was $4.7 million or $0.15 loss per share, versus $4.4 million or $0.16 loss per share in the same quarter the previous year. The Capital IQ analyst estimate is for $0.18 loss per share. Revenue was $20.8 million, an increase of 10% compared to $18.9 million in the same quarter last year. Analysts were expecting revenue of $20.49 million. The company expects fiscal 2015 loss per share of $0.63 - $0.61 on non-GAAP revenue of $80.5 million - $81.0 million. The Street view is for a loss of $0.59 per share on revenue of $83.56 million.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-turn-positive-on-better-than-expected-nonfarm-jobs-data-cm430977

Obama to propose laws on data hacking notification, student privacy as he previews address | Fox Business

Obama will also propose a bill that would prevent companies from selling student data to third parties. A White House official says Obama will unveil the proposals Monday during a speech at the Federal Trade Commission. The announcement is part of the White House's efforts to preview components of the president's State of the Union address in the lead-up to the Jan. 20 speech. The official was not authorized to be named and insisted on anonymity to discuss the proposed legislation ahead of Obama's announcement. In an exclusive interview with FOX Business, the National Security Agency director said he thinks the recent cyberattack on Sony could set a precedent for future attacks aimed at the U.S.
Source: http://www.foxbusiness.com/technology/2015/01/11/obama-to-propose-laws-on-data-hacking-notification-student-privacy-as-previews/

China arrests more than 110 people for selling pork from diseased pigs, tons of meat seized | Fox Business

"Boyhood" captured the life of a boy as he grows from the age of six to when he turns 18. Director Richard Linklater, who also won a Globe for best director, used the same actor, Ellar Coltrane, to chronicle each year of the boy's life. Julianne Moore and Eddie Redmayne won best actor drama honors. Best comedy went to "The Grand Budapest Hotel," with acting awards in that category going to Michael Keaton and Amy Adams.
Source: http://www.foxbusiness.com/markets/2015/01/11/boyhood-wins-golden-globe-for-best-drama/

The Public Security said in a statement Monday that read this more than 1,000 tons of contaminated pork and 48 tons of cooking oil produced from the meat had been seized in the operation that began last year across 11 provinces. The ministry said the suspects belonged to 11 different syndicates who purchased pigs that had died of disease from farmers at cut-rate prices then processed them into bacon, ham and oil. It said the producers sourced the pigs by bribing government livestock insurance agents, several of whom were also sent for prosecution. A series of scandals in China have deeply undermined public trust in food safety. In an exclusive interview with FOX Business, the National Security Agency director said he thinks the recent cyberattack on Sony could set a precedent for future attacks aimed at the U.S.
Source: http://www.foxbusiness.com/markets/2015/01/11/china-arrests-more-than-110-people-for-selling-pork-from-diseased-pigs-tons/

Gold climbs to one-month high on weaker dollar, oil - Yahoo Finance

The data added to speculation the Federal Reserve would be patient in raising interest rates, which could help non-interest-bearing gold. Global oil prices are at their lowest level since April 2009. Weaker oil prices tend to hurt gold as they reduce the need for gold as a hedge against oil-led inflation. But equity markets are taking a hit from persistent weakness in oil prices, fuelling the flight to safety. "Normally, lower oil prices are a negative for gold, but prolonged oil price declines may be fanning concerns that further losses could have a dislocative impact on the financial markets and oil-exporting economies," HSBC analyst James Steel said. "This is creating safe-haven demand for gold." Spot gold climbed to $1,228.20 an ounce, its highest since Dec.
Source: http://finance.yahoo.com/news/gold-climbs-one-month-high-035058155.html

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