10 Things You Need To Know Before The Opening Bell, March 22, 2012

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, March 22, 2012 Advertisement Good morning. Here's what you need to know. Asian markets were mixed in overnight trading with the Shanghai Composite down 0.10 percent after a drop in PMI. Europe is deep in the red and U.S. futures are pointing to a lower open. The HSBC flash manufacturing PMI for China slipped to 48.1 in March from 49.6 a month ago. A reading below 50 indicates contraction. Here's what's behind the weak Chinese PMI number > The composite Markit eurozone PMI for March fell to 48.7, from 49.3 the previous month, missing analyst expectations for a rise to 49.6. Meanwhile, Germany which is considered to be the strong arm of Europe, saw its manufacturing PMI drop to 48.1 in March, from 50.2 in February. Japan reported a February trade surplus of 32.9 billion yen. Analysts had expected a deficit of 120 billion yen. Nomura: 10 issues that should keep you up at night > Initial jobless claims will be released at 8:30 a.m. ET, followed by the FHFA house price index for January at 10 a.m. ET. Consensus is for a rise in jobless claims to 352K and a 0.4 percent month-over-month increase in the house price index. Follow the release at Money Game > Diamond Foods said it is suspending dividend payments as part of a deal with lenders to revise its credit agreement. The company will continue to have access to its existing revolving credit facility through June 18. SocGen identifies the 40 best dividend stocks in the world > In earnings news, ConAgra reported adjusted earnings of $0.51 per diluted share from continuing operations. Lululemon announced Q4 diluted earnings of $0.51 per share, on revenue of $371.5 million. Meanwhile, FedEx is expected to report Q3 earnings of $1.35 per share. UK retail sales fell 0.8 percent month-over-month in February, worse than expectations of a 0.5 percent decrease. Sales in specialty stores and clothes sales led the decline. Reuters is reporting that an al-Qaeda inspired gunman who killed seven people in Toulouse, France is dead. The gunman had boasted of bringing France to its knees. Ireland's central bank governor is expected to ask the ECB today for permission to delay a cash payment on its banking debt. Ireland wants to issue a long-term bond to settle a €3.1 billion promissory note payment that is due next week. Has the optimism broken in Europe? Bonus - Katie Holmes and her daughter Suri painted ceramics at Make Meaning on the Upper East Side. BI Intelligence ia a new subscription research service that provides real–time insight, information, and analysis of the Internet industry. Subscribe now and you'll get briefs, notes, interviews, and in–depth reports, as well as a library of charts and data that will help you stay on top of key trends and dynamics. Try it free for four weeks. Click here to sign up. Please follow Money Game on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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