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Timizzer Market News Eye: Nestle, Xerox, Wal-Mart, Kellog, Japan, UBS 24/04/2012 by Leonardo Gottems

JPMorgan's Trading Loss Is Said to Rise at Least 50% NYT - The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank's initial $2 billion estimate by at least $1 billion, according to … more

Wal-Mart is giving shoppers an early look at its Black Friday deals for the first time this year, well before Thanksgiving. The retailer, which usually waits until the week of Thanksgiving to release its highly anticipated circular, said this year it will offer those customers who sign up at Walmart.com or Facebook.com/Walmart an early preview of itsBlack Friday deals on an array of electronics, toys, household items and clothing.

U.S. retail sales to offers clue on economy MarketWatch - Americans may have cut retail spending in May for the first time in a year, but whether that's bad omen for the U.S. economy depends … more

Of all of the world's 100 largest economic entities in 2010, 42 (42%) are corporations. The largest, as in 2009 was Wal-Mart, whose 2010 revenues exceeded the GDPs of 171 countries making it the 25th largest economic entity in the world. The next group in terms of size is energy majors with the combined revenues of the five largest players (Royal Dutch Shell, ExxonMobil, BP, Sinopec and China National Petroleum) equivalent to 2.5% of global GDP in 2010. A key trend is the movement from West to East as global challengers from rapidly developing economies (RDEs) continue to grow their economic power - along with their countries. Among the Top 100 economic entities there are now 6 RDE companies versus just 1 in 2000, and looking at the Top 150 the number of RDE companies tripled between 2000 and 2010 to 15.