Anything For You All: 10 Things You Need To Know Before The Opening Bell, May 29, 2012

Selasa, 29 Mei 2012

10 Things You Need To Know Before The Opening Bell, May 29, 2012

View this email online | Add newsletter@businessinsider.com to your address book

Tuesday, May 29, 2012

Good morning. Here's what you need to know.

Markets rallied higher in overnight trading in Asia, with Hong Kong's Hang Seng up 1.4 percent. Shares in Europe are slightly in the green and U.S. futures point to a higher open.
Japanese unemployment increased 10 basis points to 4.6 percent in April, above estimates for no change. Separately, the government said personal consumption increased 3.2 percent during the month to ¥301,948. Click here for stunning facts about Japan's demographic implosion >
Spanish retail sales fell 9.8 percent year-on-year in April, the largest collapse since data has been collected. Here's the eurozone crisis for dummies >
Italy sold €3.5 billion in two-year notes, at the high end of plans, at a yield of 4.037 percent. That is up from a yield of 3.36 percent one month ago.
A 5.8 magnitude earthquake hit northern Italy this morning, killing at least six people. This is the second earthquake in a little more than a week that has struck the region.
Russia well sell a 7.6 percent stake in eastern Europe's largest lender, OAO Sberbank, this year, Bloomberg's Scott Rose and Denis Maternovsky report.
Beleaguered law firm Dewey & LeBoeuf filed for bankruptcy protection on Monday, ending what has been a drawn out fight for survival. Many of the firm's top employees have already left the firm, after reports surfaced that Dewey had become illiquid and could default on its debt.
JP Morgan sold more than $25 billion worth of profitable securities to offset the trading loss within its Chief Investment Office, Reuters' David Henry reports. The bank gained some $1 billion on the sale.
TNK-BP Chief Executive Mikhail Fridman unexpectedly resigned on Monday, saying corporate governance had "become untenable." The move highlights ongoing tensions between BP and Russian partners at the joint venture; however BP did not give his departure much weight.
U.S. economic announcements kick off at at 9:00 a.m. with the Case-Shiller March reading. Expectations are the main index to show a 2.7 percent decline from a year earlier. The Dallas Fed Manufacturing report hits at 10:30 a.m., with consensus for manufacturing in the Southwest to improve to 0 in May. Follow both live on Money Game >

BONUS: Kiera Knightley showed off her new engagement ring as she kissed her fiancé.

Social networks are having an impact on more than friendships. See how analytical data can be applied to social networks to increase transparency and change the way you do sales. Download GE Capital's Sales 3.0 research>

Please follow Money Game on Twitter and Facebook.