KEITH MCCULLOUGH: MACRO
Australia to Raise Tobacco Tax to Narrow Budget Shortfall (via Bloomberg)
TODD JORDAN: GAMING | LODGING | LEISURE
Boyd Gaming Corporation Announces Offering Of Common Stock (via Yahoo!Finance)
JONATHAN CASTELEYN: FINANCIALS
SAC Seen Avoiding $14 Billion Death Penalty From U.S. (via Bloomberg)
Eminent Domain Battle Pits Homeowner Against Hospital (via Bloomberg)
BRIAN MCGOUGH
WTO Report: Developing World Will Dominate Textile Exports (via Sourcing Journal)
J.C. Penney Says It Has CIT's Backing (via WSJ)
MATT HEDRICK: MACRO
Italy Banks Bad Loans Underline Southern Europe Malaise (via Bloomberg)
U.K. Factory Growth Quickens as Recovery Strengthens (via Bloomberg)