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LAYOFF DAILY UPDATE
Wed 3-11-2009
Sony Pictures -350
Coachmen Industries Idles Plant -90
Charlotte-Mecklenburg Schools -500
Eaton Corp. Furloughs -450
Pepsi Bottling Plant Closing -66
Grand Junction Steel Closing -100
Kadant Closing Plant -32
Wonderbread Closing 2 Plants -187
Armstrong Flooring Closing Plant -172
AOL -700
LA Schools Face Cuts Up To -8,000
Tahoe Truckee School District -95
Toro Company -235
RTI International Metals
Failed or Cancelled Sovereign Bond Auctions
www.abovetopsecret.com...
Bonds caught between supply surge and deflation By David Oakley and Michael Mackenzie
November 13 2008 19:56 | Last updated: November 13 2008 19:56
For any government looking to raise money in the capital markets in the next few months, there was an ominous development in Germany this week.
A German 10-year bond auction failed – something more or less unheard of until this year – as cash-strapped banks and investors snubbed the government offering.
It is a clear sign of straitened times when a benchmark bond in one of the most liquid markets in the world cannot attract enough bids to reach its target amount... Copyright The Financial Times Limited 2008
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SPAIN July 11, 08...Spain has suspended an auction of sovereign bonds as investors take fright over the country's property crash and accelerating slide into economic crisis.
The treasury pulled an expected sale of 15-year bonds after probing the market informally, saying it would wait until credit conditions began to calm down. "We are not facing financing problems. We placed a successful three-year note on Wednesday," said a spokesman
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HUNGARY , which has been forced to turn to the International Monetary Fund to shore up its crisis-hit economy, also scrapped an auction for short-term government bills after only attracting Ft5bn ($22.5m) in a Ft40bn offering.
Analysts said AUSTRIA had dropped plans to launch a bond next week because investors wanted bigger premiums to offset the credit worries and fears over lending by its banks to eastern Europe. The Austrian Federal Financing Agency did not give a reason for the move.
Spain, another triple A rated country, and BELGIUM have cancelled bond offerings in the past month because of the turbulence, with investors demanding much higher interest rates than debt managers had bargained for.
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While I have no links for them, INDIA, NZ, JAPAN, CZECH REPUBLIC and BRAZIL canceled auctions this month too, wonder when we will enter this group....
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CORRECTED! Japanese investors sold a net
331.7 billion yen ($3.26 billion) of foreign bonds last week,
capital flows data released by Japan's Ministry of Finance showed
on Thursday
LAYOFF DAILY
Thur 3-12-2009
Greene County Jail -10
Advanced Energy Industries -330
Two North Dakota Newspapers -33
Bay Area Medical Center -16
Sea Ray -140
PC Connection -100
PPG -2,500
Fresno Bee -63
Toronto School District -150
South Carolina Unemployment Hits 10.4%
Excel Polymers 3rd Round Of Layoffs -80
Woodward Communications Inc. -24
ATT Eau Claire WI -20
AOL Fires Everybody In China -100
Hawaii Proposed Budget Includes -374
Grady Hospital -150
Philadelphia Orchestra - 12
Owens Corning Guelph Plant -50
City Of Denham Springs LA -10
Saab -750
Elgin School District -350
Tween Brands Closing 30-40
AG Closing 2 European Plants -1,900
Frank Chervan Inc. Closing Lumber
Mill -60
Siemens Energy Closing Plant -174
Workers Cut At Gap Distribution Center
Kronenke Sports -27
Whistler Backcomb Ski School -100
Denver Sheriff's Deputies -11
Salinas School District -70
Layoff Rumors At Google
Marion County SC Unemployment Hits 22%
UJA-Federation Of New York -52
O'Brien Steel -32