International
Global Investing Roundups Wednesday, July 23rd, 2008
Wachovia Cuts Dividend and Jobs; Caterpillar Builds a Global Business; Home Prices Collapse; UPS Delivers More Revenue, Less Profit; Fed Directors Split; Oil Hits Six-Week Low; UAL Stock Soars; Two For, One Against Satellite Radio Deal
June Producer Price Index Indicates Slower Inflation in Australia
The June Quarterly Producer Price Index is in. Producer inflation was lower than expected. That doesn’t mean prices have fallen, but that they grew at a slower rate. So here’s three cheers for making stuff.
LitComp: One to Watch
There is nothing like being knocked off a bicycle by a passing car to change one’s attitude towards the compensation culture. This personal experience is one reason why Jason Smart, Managing Director of LitComp, is confident of the future of this small company that moved from Ofex to AIM in 2006.
Want Big Profits? Go East in the Year of the Bear
The “experts” got it wrong, again. You may recall the optimism our investment banking chums had for the stock market at the start of the year.
Switzerland’s Roche Makes $43.7 Billion Offer for U.S. Biotech Pioneer Genentech
Global Investing Roundups Tuesday, July 22nd, 2008
Icahn’s Yahoo Victory; XM Gains Listeners; Gloomy Economic Outlook; Crude Gains on Tropical/Political Storms; Hasbro Beats Expectations; Corn Cut Down; Goldman Banker Summoned by Paulson; Union Asks Citi to Break Up Operations
Inflation Double-Header: CPI & Commodity Prices
A double-header Casey’s Charts compares inflationary pressures in the U.S. and Canada. Using government numbers – cooked as they be – it’s still evident that inflationary pressures have reached highs not seen in the last 25 years.
Global Investing Roundups Friday, July 18th, 2008
Piracy Robs Microsoft; BlackRock Profits Rise 23%; Nokia Beats Expectations; Venezuela Lights Up U.S.; BOE’s Sentance “Struck”; Coke’s Earnings Hiccup; JPMorgan Earnings Surprise; Investor Outrage in Pakistan
Fifteen Minutes of Fame
“In the future”, noted the famous pop art icon Andy Warhol, “everyone will be famous for fifteen minutes.” Mr. Warhol was not setting the time limit of “fifteen minutes” because there were so many famous people in a queue who were waiting to become famous.
Global Investing Roundups Thursday, July 17th, 2008
Wells Fargo Jumps 32% on Dividend Hike; Crude Falls $10 in Two Days; Home Building Collapses; Gazprom Threatens to Take Belarus to Court; Gannett’s 2nd Quarter Tumble; SK Telecom Eyes up Sprint?; Time Warner Travels to Seattle; Delta’s $1 Billion Loss Turns to Gains
Latest News
- Fannie and Freddie Bailout to Cost Taxpayers $25bn3:41pm CDT
- Follow Sovereign Wealth Funds Into Oil-Rich Southeast Asia12:14pm CDT
- Cal-Maine Foods (CALM): The Perfect Downturn Stock10:51am CDT
- Housing Bill a Major Threat to Privacy10:03am CDT
- If Offshore Drilling Ban Is Lifted Prepare for Huge Profit Play9:21am CDT
- 5 Reasons to Buy Uranium Stocks Now4:08pm CDT
- One in Ten US Mortgages Owned by Foreigners2:08pm CDT
- GE Redefines its Business by Breaking with Tradition and Expanding Overseas12:51pm CDT
- Paulson Continues to Advocate Potential $25 Billion Bailout of Fannie Mae and Freddie Mac12:36pm CDT
- Schlumberger (SLB): The Safest Play on Emerging-Market Oil12:35pm CDT
- US Stock Rally Is a Dead-Cat Bounce12:11pm CDT
- Resources Stock Roundup Wednesday July 23, 200811:28am CDT
- Base Metals Mostly Lower, but Lead is on a Tear as Inventories Skid11:16am CDT
- Crude Falls Off, Tropical Storm Dolly Will Do No Damage10:54am CDT
- Dollar Rushes Higher, Treasury and the Fed Make Support Talk10:31am CDT
- Precious Metals Take a Hosing; Other Markets Line Up Hard Against Them10:27am CDT
- How to Profit From Airlines’ Push for Fuel Efficiency10:23am CDT
- Congress Never Agrees With OPEC… Until Now9:02am CDT
- Why Invest in ETFs?8:39am CDT