Waking up With Nicole Lapin


No more waiting for Wednesday, you Lisa Loeb fan you. Here's what you may have missed while you were out celebrating the first SOTU of 2011 into the wee morning hours:

BULLISH: Lots of green from across the pond and US equity futures point to a strong possibility of crossing Dow 12k Dow and S&P 1300.

RECALL: Totoya is recalling 1.7 million cars worldwide—almost 1.3 million in Japan and a combined 421k in the US, Europe and other markets.

STEADY: The RMB almost touched a fresh record high against the Greenback, after the PBoC set the mid-point at another (the 5th) new peak.

SLIP: Sterling didn't love the latest MPC minutes that showed they were considering a rate hike in January, and that was before we found out the economy contracted by .5 percent.

FIRING: Lowe's is cutting 1,700 middle managers in favor of part-timers. Facebook and Google (I mean Yahoo) is cutting 135 workers or 1 percent of Yahoo's workforce.

HIRING: Google is hiring 6k people this year. The CEO spot is, um, not one of them. But everyone gets to use the slide.

DEBUTANTE BALL: The EFSF 5b euro offering for the fund to bailout Ireland was 9x oversubscribed, with the Japanese buying up 20 percent.

EARNINGS: Boeing, Conocophillips, UAL Continental, US Airways and Starbucks.

IPOS: Nielsen and Demand Media are pricing above their expected ranges. Buyout companies looking to exit their portfolios, including Toys-R-Us and Kinder Morgan, are listening.

DAH-VOS: Here's to partying, er, pontificating and dealmaking—2,500 movers, shakers and stirrers from 90 countries have again descended on the coldest, most difficult to get to town in Switerland, dah-ling.