Wednesday 7atSeven: easing expectations

abnormalreturns
August 31st, 2011

Thanks for checking in with Abnormal Returns for seven (or so) links at 7AM Eastern. Good luck out there.

Earnings estimates for US stocks are finally starting to come down. (FT)

The distressed debt market is beginning to show some opportunity. (Distressed Debt Investing)

More on the ExxonMobil ($XOM)-Rosneft deal. (Reuters, WSJ, Deal Journal, beyondbrics)

Barnes & Noble ($BKS) revenue is now 20% digital, including the Nook. (peHUB, WSJ, 24/7 Wall St.)

China is stepping up its purchases of copper. (FT)

Expectations seem to be finally catching up to the weak economy. (VIX and More)

Be prepared for a “disastrous” ISM manufacturing survey. (Pragmatic Capitalism)

Steve Randy Waldman, “The fiscal vs. monetary policy debate has gotten tiresome and distracting.” (Interfluidity)

People are sick of daily deal sites. (Atlantic Wire)

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