What's In The News: December 13, 2011 - Ally Financial, Bank of America, Citigroup, J.P. Morgan Chase, Wells Fargo

Uploaded by FinancialNewsOnline on Dec 13, 2011

This is what's in the news for December 13. The Wall Street Journal reports five major banks, Ally Financial, Bank of America (NYSE:BAC), Citigroup (NYSE:C), J.P. Morgan Chase (NYSE:JPM), and Wells Fargo (NYSE:WFC), could be forced to make concessions of about $19B as bank representatives and government officials move to finalize a settlement of most state and federal investigations of alleged foreclosure improprieties. Reuters reports the Federal Reserve is not expected to offer the U.S. economy new stimulus at a meeting today as it considers encouraging signs on the recovery against risks coming from Europe. Reuters also reports AT&T (NYSE:T) has another month to decide if it wants to continue to pursue its $39B acquisition of Deutsche Telekom's (PINK:DTEGY) T-Mobile USA after a U.S. judge agreed to delay the court fight over the deal until January 18. Finally, Bloomberg reports AOL (NYSE:AOL) CEO Armstrong plans to reorganize the company to combine its dial-up Internet access business with its Web services, including AOL Instant Messenger.
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Honeywell Expects Profit Growth on Emerging Markets in 2012 (potential upside 17.8%)

Uploaded by FinancialNewsOnline on Dec 15, 2011

Honeywell is forecasting a 13 percent rise in 2012 earnings as emerging-market growth offsets a slump in Europe and increased demand for commercial aircraft production boosts profits at its aerospace unit. Sales from existing businesses are expected to expand 4 percent or less in the U.S. and Europe...while growing as much as 12 percent in the rest of the world...according to Chief Financial Officer David Anderson. Honeywell's aerospace unit will boost profits by as much as 200 million dollars on increased Boeing Co. and Airbus SAS production. Anderson said Honeywell is benefiting from a push into emerging markets since Dave Cote took over as chief executive officer in 2002.

Honeywell has potential upside of 17.8 percent based on a current price of 52 dollars and 48 cents and an average consensus analyst price target of 61 dollars and 84 cents.

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Brazil Looks To Drop $10.7 Billion Lawsuit On Chevron (NYSE:CVX) (potential upside 21%)

Uploaded by FinancialNewsOnline on Dec 14, 2011

Shares of Chevron (NYSE:CVX) are trading 3.6% lower to $99.68 on news that Brazilian government prosecutor s are proposing a $10.7 billion lawsuit for the leak in an oil well off the coast of Rio De Janeiro that occurred in November, according to a Bloomberg report.

Chevron estimated 2,400 barrels leaked from its offshore field before the oil giant was able to plug the leak.

Chevron (NYSE:CVX) has potential upside of 21% based on a current price of $100.14 and an average consensus analyst price target of $121.18.

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Kratos Defense & Security Solutions (NASDAQ:KTOS) Receives $1M Contract (potential upside162.7%)

Uploaded by FinancialNewsOnline on Dec 14, 2011

Kratos Defense & Security Solutions (NASDAQ:KTOS) announced that its Herley Industries, Inc. subsidiary has been awarded a contract valued at approximately $1M by a major U.S. prime contractor for the production of Integrated Microwave Assemblies, IMAs, to be used in the U.S. Navy's P-8A aircraft.

The P-8A Poseidon is the U.S. Navy's newest maritime patrol and reconnaissance aircraft. It is a long-range anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance aircraft capable of broad-area, maritime and littoral operations.

Kratos Defense & Security Solutions (NASDAQ:KTOS) has potential upside of 162.7% based on a current price of $5.52 and an average consensus analyst price target of $14.5.

Palestine - Their flag raised over UNESCO headquarters for the first time.

Published on Dec 13, 2011 by Euronews

http://www.euronews.net/ In an historic, symbolic and controversial act the Palestinian flag has been raised over a UN building for the first time.

UNESCO, the world body's Paris-based culture, education and science agency, angered Israel and the US when it effectively recognised 'Palestine' as a state, by allowing it to become a member.

Palestinian President Mahmoud Abbas spoke at the flag-raising ceremony. He told the audience it was an historic moment which, he said, augured well for the future entry of the Palestinian state to other international organisations.

must watch coming on rtve1 "El Ángel de Budapest" Dirigida por Luis Oliveros y protagonizada por Francis Lorenzo

Uploaded by vidaenPALACIO on Sep 3, 2011

Trailer de El Ángel de Budapest. Película basada en el libro "Un español frente al Holocausto", de Diego Carcedo. Producida por José Manuel Lorenzo para Boomerang Televisión y la cadena pública TVE.
Dirigida por Luis Oliveros y protagonizada por Francis Lorenzo quien dará vida al protagonista de la historia, Ángel Sanz Briz.

Europe - EU Commission President Jose Manuel Barroso: UK made compromise impossible at EU treaty summit

Uploaded by telegraphtv on Dec 13, 2011

Britain's demand for special treatment for financial services at last week's
EU summit would have harmed the bloc's single market, the European
Commission President said.

euronews le mag: Pirelli presents its 2012 'glamour' calendar Sorrenti chose Corsica as his backdrop

Published on Dec 13, 2011 by Euronews

http://www.euronews.net/ The 39th issue of Pirelli's calendar has been officially unveiled. Simply known as "The Cal", the calendar features the work of photographer Mario Sorrenti, the first Italian in history to work on the annual publication.

Sorrenti chose the island of Corsica as his backdrop and a selection of nine models and three actresses, including Milla Jovovich and Kate Moss as his subjects.

Belgium - Explosions rock Liege as grenade attack kills at least two

Uploaded by telegraphtv on Dec 13, 2011

An attacker threw several explosives in the city centre of the Belgian city of
Liege, wounding at least a dozen people and killing himself and one other
person, according to local reports.
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Liege reporter, Gaspard Grosjean, confirms three gunman involved in shooting

Uploaded by telegraphtv on Dec 13, 2011

Gaspard Grosjean, a reporter for Le Meuse Liege, speaks from the scene of the attack in the centre of the Belgian city which has left two dead and many more wounded.

Russell Grant's Daily Horoscopes for Wednesday 14th December 2011

www.russellgrant.com

Russell Grant’s Monthly Horoscopes December 2011
Russell Grant’s Weekly Horoscopes w.b. 10 December 2011

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Aries (Mar21/Apr20) A postponed legal matter is back on again. Try to dispatch this case as quickly as possible. The sooner you reach a settlement, the easier it will be to fulfil your potential. An overseas business opportunity is looming ahead. If you have to spend all of your time at the courthouse, this deal will slip through your fingers. A publishing house that once rejected your work may ask to see your latest work. Their renewed interest is sweet vindication.

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Taurus (Apr21/May21) A stalled romance shows signs of life again. It feels great to come back together with the one you love. If you're single, you're ready to jump back into the dating market again. Moving past a terrible break up will be tough, but you simply can't waste any more energy on this disappointment. Although the prospect of taking a chance on love is scary, it's also exhilarating. Don't be surprised if you feel some chemistry between you and an intriguing foreigner.

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Gemini (May22/Jun21) Forging a business deal will be easier than you think. The key is to join forces with someone who compensates for your weaknesses, while appreciating your strengths. Ideally, you work best with a partner who is adventurous and versatile. Be open to venturing into a new market, provided you do plenty of research beforehand. Cautious optimism is the key to your success. If you're on your own, you may want to hire an accountant, office manager, or assistant to help with your workload.

 

Cancer (Jun22/Jul23) At long last, you're seeing some movement on the job front. Requests for interviews and work samples will pour in. Be open to meeting with potential employers, even if the position advertised doesn't thrill you. It's always helpful to brush up on your interviewing skills. The more you practice, the easier it will be to land the position you really want. The relief of making your way back into the workforce will ease the stress that's been building up. The resulting surge of energy will be exhilarating.

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Leo (Jul24/Aug23) Blasting through a creative block will cause your confidence to soar. Go back to your easel, keyboard, or dance studio. At first, it will feel like you're just going through the motions, but eventually, your imagination will take over and you'll feel like you're moving in a trance. Questions about your love life are starting to be resolved. An inconstant lover no longer thrills you. Break things off and enjoy your freedom. You'll soon find someone who is riveted by your sex appeal and won't want anyone else.

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Virgo (Aug24/Sep23) All systems are go as far as the sale or purchase of some property is concerned. For the past couple of weeks, promising leads had a way of withering on the vine. Now you'll be able to close a deal, much to the pleasure of both parties. It's a relief to have this business off the table. Now you'll be busy creating a household that is tidy, efficient, and comfortable. Enlist the aid of housemates or roommates in cleaning up the place.

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Libra (Sep24/Oct23) After a long period of silence, people are finally returning your phone calls and emails. It's about time! Now you'll be able to move forward with a project that has been haunting your dreams. It's possible you will have to do business with someone from overseas. This is the only person who can provide you with the quality of merchandise you want. Resist the urge to settle for an inferior product. Your reputation is on the line here.

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Scorpio (Oct24/Nov22) Money talks will resume again and you'll be in a much stronger position to get what you want. Thanks to your ability to be flexible, you'll be able to fill a variety of needs for your employer. Although you don't like having to constantly change gear, you'll do what is necessary to land a steady job. In time, your true talent will emerge, and it will be easier to carve out a distinct job description. Until then, be willing to learn every aspect of the business.

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Sagittarius (Nov23/Dec21) People are taking you a lot more seriously. In the past, critics accused you of being overly idealistic. That's because you were willing to give people who are down on their luck a chance. Now there's a profound staffing problem, the authorities see the wisdom of your ways. Take this opportunity to organise a complicated work schedule. Take care to pair people who work well together. You don't want to start things off on the wrong foot.

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Capricorn (Dec22/Jan20) Finally, you'll get the paperwork you need from a hospital or government agency. It feels like you've been in limbo for the past few weeks. Now you've got that business out of the way, you can focus on solitary pursuits. Reading, writing, and communing with nature will restore your energy. Someone who grew up in a very different culture has some valuable advice to impart. It's probably time to downsize. Let go of some possessions that have been weighing you down.

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Aquarius (Jan21/Feb19) A group effort finally gets underway. It's taken a long time for you to establish ground rules and agree on a meeting place, but now that you have, you'll see immediate progress. You would never be able to make inroads to a cultural or religious organisation without the help of your colleagues. For one thing, you lack the contacts. For another, you don't have the training. Once a relationship has been established you can assert your authority.

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Pisces (Feb20/Mar20) You're finally able to make headway with an authority figure. For the past few weeks, the person in charge has been evading your questions. Now you'll get some definitive answers. If you've been in salary negotiations, push your agenda, even past the point of being comfortable. It's difficult for a shy person like you to be aggressive, but sometimes you have to press your point. This is one of those situations. You'll never get what you deserve if you don't promote your interests.

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Europe - EC President sees new fiscal treaty by mid-2012

Published on Dec 13, 2011 by Euronews

http://www.euronews.net/ A new fiscal treaty with stricter budget rules will be in place by mid-2012, according to the European Council's president.

Herman Van Rompuy says the first draft may even be ready by next week: "I'm optimistic because I know it's going to be close to 27. In fact 26 leaders indicated their interest in these efforts. They recognised the euro is a common good. Then by early March at the latest, this fiscal compact treaty will be signed. The aim is for the ESM treaty to be ratified by mid 2012."