FMX | Connect – www.fmxconnect.com - (Reported 7/8/2010) 

• Asia stocks rise to two-week high, Won gains on rate increase.
• Australia delays proposed mandatory Internet filter; 3 ISPs agree to block child porn.
• Bank of Korea unexpectedly raises its policy rate by a quarter point, cites rising inflation.
• China reduces rare earth export quota by 72%, may cause U.S. trade dispute.
• China shares rebound on government pledge of easy credit, end week up 3.7 percent.
• China weighing nationwide resource tax to channel funds to help develop impoverished western regions.
• ECB signals an end to aid program.
• Euro continues rise against dollar on hopeful economic signals, climbs above $1.27.
• Judges reject White House's drilling ban request.
• Oil futures advance as US jobless claims slow, crude stockpiles decline.
• A. Schulman's Q3 profit surged to $25.8M on tax benefits and 41% rise in sales.
• Air Products raised its offer to acquire Airgas by 6% to $63.50 a share in cash.
• Big 5 Sporting Goods cuts Q2 earnings view on soft sales.
• BYD Co's June car sales down 21% vs May - official.
• CEMEX to sell non-core aggregates, concrete block assets in Kentucky for $90M.
• Costco's June same-store sales grew 4%, below the average analyst estimate of 4.2%.
• Google CEO says he expects China to renew web license.
• Greenbrier Cos. swings to Q3 profit of $4.6M on higher margins, despite 13% dip in revs.
• Intel, AMD face growing worries of PC slowdown.
• J&J starts disclosing drug unit's payments to doctors.
• Lawson Software's Q4 net falls 30% on restructuring charges; sees Q1 EPS below cons.
• Maersk Chief will slow pace of acquisitions on asset prices.
• Merck to close 8 research sites and 8 manufacturing plants to hit cost-saving targets.
• MLM Info Srvcs, a closely held provider of corporate-tax software being sold.
• Time Warner sells $3B of debt.
• UniCredit CEO confident on stress test outcome for bank.
• Walt Disney to sell its Miramax film unit for $675M to a consortium of investors.
• WTO to delay until mid-Sept its ruling on public subsidies given to Boeing by US.

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.