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U.S. Morning Call: Moody's may cut big banks, Xi charms Iowa

Thursday, February 16, 2012 - 02:15

Feb. 16 - Moody's warns it may downgrade Morgan Stanley, Goldman Sachs, Bank of America and more than 100 other financial firms globally, and China's leader-in-waiting Xi Jinping visits Iowa.

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Here's my up it is Thursday Moody's takes on the world the credit ratings agency warning it may downgrade Morgan Stanley Goldman Sachs Bank of America. And more than 100 other financial institutions around the globe. Now working -- had three -- Goldman -- and if they want. Moody's citing -- funding conditions increased regulatory burdens and more difficult operating conditions. As a recent announcements. More issues or apple in China Milwaukee journal reporting this vast Amazon removed iPad devices sold by retailers from Chinese web site. -- classmate has the site is not opera sound its Kaplan. Local officials and some parts of China have been hot as the fat cats from retailers. As a result of its trademark dispute with -- -- the national. Now Apple Stock going on a wild ride on Wednesday hitting an all time high at 526. Dollars and 29 -- and then. Falling thirty bucks. Close below 500 dollars. He may be leading in the polls that Rick Santorum is trailing badly when it comes to wealth. The Republican presidential candidate far behind Mitt Romney Newt Gingrich in terms of earnings and taxes paid -- his tax rate is higher than Rockies. His tax returns and he ate less than one million dollars and 28 and the most recent year for which data is available for all three. Though it's tax rate of 28% to double Rockies and slightly lower. And Gingrich. A homecoming of sorts for Chinese vice president -- -- paying the leader in waiting attending a dinner in Iowa which he visited during the 1980s. The trip awaited the agriculture ties between China and the US. Earlier in Washington she bowed to operate more with the US expressed impatience in the US policies toward Taiwan. And said that. And finally get trade figures on the economic calendar a lot and other data points. Weekly initial jobless claims being one of them forecasters expect them to rise slightly to 715000. Reported last week. Gains seen as reflecting the chopping -- -- a market not a sign of any change in the recent improvements. That report at 830 among the housing starts building permits and producer prices that's running all -- -- -- Rogers and this is -- --