{"id":529659,"date":"2010-04-16T07:31:59","date_gmt":"2010-04-16T11:31:59","guid":{"rendered":"http:\/\/www.businessinsider.com\/10-things-april-16-2010-4"},"modified":"2010-04-16T07:31:59","modified_gmt":"2010-04-16T11:31:59","slug":"10-things-you-need-to-know-before-opening-bell-ge-bac","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/529659","title":{"rendered":"10 Things You Need To Know Before Opening Bell (GE, BAC)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b7d690b0000000000e685a0-250-187\/paris-hilton-smile.jpg\" border=\"0\" alt=\"paris hilton smile\" width=\"250\" height=\"187\" \/><\/p>\n<p>Here&#8217;s what you need to know this morning:<\/p>\n<ul>\n<li><strong>GE reported earnings this morning and they&#8217;re down 18% year-over-year, <a href=\"http:\/\/online.wsj.com\/home-page\">according to WSJ.com<\/a><\/strong>. Profits <a href=\"http:\/\/www.cnbc.com\/id\/36568776\">beat estimates<\/a>, but sales came in somewhat lower than expected.<\/li>\n<\/ul>\n<ul>\n<li><strong>Bank of America has beat first quarter earning estimates, reporting profits of $0.28 a share. Street projections had the firm at $0.10 a share, <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aUon7NaVT7OM&amp;pos=1\">according to Bloomberg<\/a><\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Emerging market stocks are getting battered this morning due to China clamping down on real estate speculation and less than expected growth at Google, <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a4XSze9fEIMA&amp;pos=4\">according to Bloomberg<\/a><\/strong>. The <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a4XSze9fEIMA&amp;pos=4\">MCSI Emerging Markets Index<\/a> has declined today as a result.<\/li>\n<\/ul>\n<ul>\n<li><strong>Europe continues to be at the mercy of Thursday&#8217;s Icelandic volcano eruption, as <a href=\"http:\/\/www.businessinsider.com\/eyjafjallajokull-volcano-air-travel2010-4\">airspace remains closed across the continent stranding travelers<\/a><\/strong>. Now Europeans are being warned <a href=\"http:\/\/www.businessinsider.com\/un-health-agency-calls-on-europeans-to-stay-indoors-as-volcanic-ash-settles-2010-4\">not to go outside if the volcanic ash starts to settle<\/a> as it could be a threat to their health.<\/li>\n<\/ul>\n<ul>\n<li><strong>The EU has other problems beyond volcanoes this morning, with the continent&#8217;s sovereign debt crises threatening Germany&#8217;s place in the euro zone<\/strong>. Some say the chance of the continent&#8217;s most powerful economy leaving the currency union is now <a href=\"http:\/\/www.businessinsider.com\/theres-now-a-10-chance-germany-leaves-the-euro-thanks-to-a-few-german-professors-2010-4\">10%<\/a>, and with <a href=\"http:\/\/www.businessinsider.com\/next-in-the-crosshairs-portugal-2010-4\">Portugal<\/a> now being mentioned as an imminent debt threat, concerns are rising.<\/li>\n<\/ul>\n<ul>\n<li><strong>Key Goldman Sachs real estate investment group, Whitehall Street International, has been hit by losses on properties in Germany, Japan, and the U.S<\/strong>. Now the fund only has <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/84639172-48ef-11df-8af4-00144feab49a.html\">$30 million in equity remaining, down from its highs of $1.8 billion<\/a>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Goldman Sachs Director Rajat Gupta announced in March that he <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702304628704575186441226520102.html?mod=WSJ_WorldMarketsRIGHTMoreInMarkets\">would not be running for his position again<\/a>, as he was informed of the government&#8217;s increased monitoring of his connections to the Galleon Group insider trading scandal<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Last night&#8217;s UK debate saw a <a href=\"http:\/\/www.guardian.co.uk\/politics\/2010\/apr\/15\/leaders-debate-nick-clegg-tv\">surprising performance<\/a> from third party candidate Nick Clegg, leader of the Liberal-Democrats<\/strong>. As a result of the country&#8217;s first ever televised debate, the Lib-Dems have gained on the Conservatives and Labour in <a href=\"http:\/\/ukpollingreport.co.uk\/blog\/archives\/2597\">overnight polls<\/a>. The pound is <a href=\"http:\/\/finviz.com\/forex.ashx\">flat<\/a>.<\/li>\n<\/ul>\n<ul>\n<li><strong>South Korean authorities have determined that the sinking of one of its military vessels last month came at the result of an <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/b372f814-490c-11df-8af4-00144feab49a.html\">exterior attack<\/a>, ratcheting up tensions between North Korea and South Korea<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Unemployment benefits are back for many Americans as Congress passed and the President signed a bill yesterday extending jobless aid<\/strong>. <a href=\"http:\/\/www.cnbc.com\/id\/36591496\">Hundreds of thousands of unemployed individuals<\/a> are impacted by this signature.<\/li>\n<\/ul>\n<ul>\n<li><strong>Bonus: Paris Hilton has <a href=\"http:\/\/www.usmagazine.com\/celebritynews\/news\/paris-hilton-doug-reinhardt-split-again-2010154\">broke up<\/a> with her on-again, off-again boyfriend Doug Reinhardt<\/strong>. Reinhardt is <a href=\"http:\/\/www.dougreinhardt.com\/\">CEO of Fugen Mobile and Fun Factor LLC<\/a>, and has appeared on MTV&#8217;s The Hills.<\/li>\n<\/ul>\n<ul>\n<\/ul>\n<p><a href=\"http:\/\/www.businessinsider.com\/10-things-april-16-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/XrcsA9M7ntA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s what you need to know this morning: GE reported earnings this morning and they&#8217;re down 18% year-over-year, according to WSJ.com. Profits beat estimates, but sales came in somewhat lower than expected. Bank of America has beat first quarter earning estimates, reporting profits of $0.28 a share. Street projections had the firm at $0.10 a [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-529659","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=529659"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529659\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=529659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=529659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=529659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}