Lower-than-expected results reflected higher total expenses, partially offset by revenue growth.

Despite concerns over the global economy and discretionary spending, there may still be room for investment in the travel sector heading into the final part of the year.

There is much new info in the just released Bloomberg profile on the infamous ex-JPMorganite Blythe Masters, among which the disclosure that she had made it clear that she had wanted to go along with the disposable JPM physical commodities unit (which as was reported recently, was sold to Swiss commodities giant Mercuria)

RealtyTrac admits as much when in a report released overnight showcasing the Top and Bottom 20 markets for rent-to-reo "flipping", it shows that the annual gross yield on most California (and Colorado, and Virginia, And Montana) cities is now at most 5%

Today brought three better than expected economic releases from Construction Spending, ISM Manufacturing, and Personal Income.

Insider buying increased last week with insiders purchasing $42.18 million of their stock compared to $40.91 million in the week prior. Selling declined with insiders selling $1.84 billion of stock last week compared to $2.39 billion in the week prior.