Stock Charts

Bloomberg news is reporting that two people with knowledge of the decision, said Goldman would delay announcing the move as 65 to 70 members of the unit sought new jobs. Some traders and support staff could be reassigned within the firm, and a team in Asia could look to start a new hedge fund, it said.

GS Stock Chart

(Source: bloomberg.com)

The economy added 67 thousand jobs in August, but lost a total of 54 thousand jobs overall last month with the unemployment rate rising to 9.6%.

Unemployment Rate Chart

Top 10 Holdings from the latest 13F Filing:
1. Coca-Cola (KO)

KO Stock Chart

2. Wells Fargo (WFC)
3. American Express Company (AXP)
4. Procter & Gamble (PG)
5. Kraft Foods (KFT)
6. Johnson & Johnson (JNJ)
7. Walmart (WMT)
8. Wesco Financial (WSC)
9. US Bancorp (USB)
10. ConocoPhillips (COP)

Google (GOOG 504.25 +4.03), Verizon (VZ 29.88 +0.33)

GOOG, VZ Chart

Google and Verizon outline seven key elements here.

Update: “Because of the way we measure accessibility in China, it’s possible that our machines could overestimate the level of blockage,” a Google spokesman said.

Reports are coming in that Google is totally blocked in China. Google’s stock has traded off since the trouble in China started escalating.

GOOG, BIDU Chart by YCharts

This page offers a summary of accessibility to Google services from within mainland China.

• Revenue $10.8 billion
• Gross Margin 67 percent
• Operating Income $4.0 billion
• Net Income $2.9 billion

INTC EPS .51 cents vs .43 consensus.

Raises Gross Margin outlook for 2010 to 66%.

Full-Year 2010 Guidance

• Gross margin: 66 percent, plus or minus a couple percentage points. The company’s prior expectation was 64 percent, plus or minus a couple percentage points.
• Spending (R&D plus MG&A): $12.7 billion, plus or minus $100 million. The company’s prior expectation was $12.4 billion, plus or minus $100 million.
• R&D spending: Approximately $6.6 billion. The company’s prior expectation was approximately $6.4 billion.
• Tax rate: Approximately 32 percent for the third and fourth quarters, higher than the company’s prior expectation of 31 percent.
• Depreciation: Approximately $4.4 billion, plus or minus $100 million.
• Capital spending: $5.2 billion, plus or minus $200 million. The company’s prior expectation was $4.8 billion, plus or minus $100 million.

YUM Q2 Earnings adj-EPS of 58 cents, beats by 4 cents on sales of $2.57B, vs. consensus of $2.54B. Company raises FY10 EPS guidance from $2.39 to $2.43.

Google announced that they received approval to operate in China. Below is an excerpt from the official Google Blog.

“Update July 9:
We are very pleased that the government has renewed our ICP license and we look forward to continuing to provide web search and local products to our users in China.”