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n markets mixed in very light volume today — 75% of 20day average. US bond market & banks closed for Veteran's Day. SPA's +2 handles = 1378 last. "Merkel meeting with Portuguese PM in Lisbon today*" • Precision Castparts to buy Titanium Metals for $16.50/share = $2.9 billion (42.6% premium) • Lockh
(trading +1.0%) • Mercedes-Benz Jan-Oct sales +8.0% on year at 169,070 units (DAI GY trading -0.33%) • Italy prosecutors seek trial for 5 and 2 Fitch employees (drop probe on 2 Moody's workers) (DJ) • Global business confidence falls to lowest level in 3 years (Markit Business Outlook Survey) •
ollars says WSJ (BNP denies) (WSJ<http://professional.wsj.com/article/SB10001424053111904353504576566821711712348.html>) (trading -7.5%) Germany's Merkel says that euro-area countries must avoid an "uncontrolled insolvency" in Greece Italy sells C3.9 billion of a new five-year benchmark bond as borro
evenues down DigiTimes<http://www.digitimes.com/news/a20110912PD201.html> Key Events This Week EFTA00428208 Wednesday: Troika returns to Greece, Fitch to unveil a new US RMBS model (10am), PPI, Retail Sales, Mortgage Apps, MSFT analyst day, Japan Industrial Production, RBNZ Official Cash Rate, CS
axzzlosmq6Ucr> Ireland battling for relief on debt repayment FT<http://www.ft.com/cms/s/0/a4c575e4-6dea-llel-b9c7-00144feab49a.htmlfaxzzlosmq6Ucr> Merkel no longer set to campaign with Sarkozy FT<http://www.ft.com/cms/s/0/456ee0ea-6dee-llel-baa5-00144feab49a.htmlfaxzzlosmq6Ucr> Lack of volume and ins
ume and institutional players show rally is running on empty FT<http://www.ft.com/cms/s/0/3c22573a-6c57-11e1-8c9d-00144feab49a.htmlftaxzzlosmq6Ucr> Fitch revises UK outlook to negative from stable FT<http://www.ft.com/cms/s/0/49e78bb0-6ele-llel-baa5-00144feab49a.html> Pension funds lukewarm on UK 100
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