FMX | Connect – www.fmxconnect.com - (Reported 7/7/2010) 

• Asian stocks fall, Yen strengthens on slowing US service industry growth.
• Brazil's Lula falters in bid to cut floating-rate debt as rates increase.
• China has significantly increased its purchases of Japanese govt bonds as it diversifies its foreign-currency reserves.
• China plans new resource tax on coal, oil, gas in Western areas.
• Europe will outline stress test procedure.
• Iceland’s lenders stand to lose as much as $4.3B, after court ruling last month found that some foreign loans were illegal.
• Oil traded near $72 a barrel in New York.
• AgriBank said to raise $19.2B in HK, Shanghai IPO.
• Amazon launches UK grocery web site.
• AMR Corp's June load factor was 86.8%, an increase of 1.6 points from a year earlier.
• AT Kearney Inc. and Booz & Co. called off discussions about a possible merger.
• Bebe to close PH8 Chain, pay $1/share special dividend.
• Enel sees 2010 Ebitda topping €16B previous estimate -CEO.
• Hologic to acquire Sentinelle Medical for $85M, plus a two-year contingent earn out.
• HTC Corp's Q2 profit rose 33% to $268M as sales jumped 58%.
• JA Solar Holdings to buy Shanghai Jinglong Solar Technology Co. for $29.3M.
• Lockheed Martin will try to shrink its management team by offering financial
• Microsoft plans to lay off a small number of employees as early as this week.
• Monsanto loses case in Europe over seeds.
• News Corp's MySpace said to hold ad talks with Microsoft, Yahoo, Google.
• Nokia is selling off its wireless modem business to Renesas Electronics.
• Patterson-UTI buys pressure-pumping, wireline assets from Key Energy for $237.7M.
• Peugeot said to consider revival of $886M Indian plant investment.
• Samsung Electronics posted record Q2 earnings, net up 87% at $4.1B on chip prices.
• Sony, facing IPad challenge, cuts prices of e-Readers by as much as $50.
• US Airways reported its passenger revenue per available seat mile rose 22% in June.

Source: ZeroHedge

-----

About FMX: FMX Connect is an information, data, and analytics portal for Commodities. The portal provides an all-in-one package including essential market data, independent third party research, industry news, and commodity trading tools. FMX Connect provides efficient, effective, and thorough data that bridges all aspects of commodities onto one screen. The Result; A user friendly application for hedge fund traders, OTC brokers, individual investors, and industry participants
-----
Note: The information presented, while from sources generally believed to be reliable, is not guaranteed and may not be complete. FMX | Connect makes no representations or warranties regarding the correctness of any opinions or information. Past results are not necessarily indicative of future results. Nothing in this report should be construed as a representation to buy or sell shares, futures or options, which contain considerable risks. For internal client distribution only. Any reproduction, re-transmission, or distribution of this report without permission is prohibited. Media correspondents or reporters may not quote any one page or section in its entirety and must attribute all quotes, ideas or concepts herein. Copyright FMX | Connect, ©2009-2010. All rights reserved.