Financial News
Oct 8th, 2009 |
By Martin Hutchinson |
Category: Financial News
Quantum Fund co-founder George Soros had it right on Monday, when he said the U.S. recovery would be held back by “basically bankrupt” banks and companies.
Tags: BAC, Chrysler, Citigroup, Ford, George Soros, IKB Deutsche Industriebank AG, Ito-Yokado Co., JPM, Lone Star Funds, LYG, Martin Hutchinson, NRTLQ, Quantum Fund, Rbs, The Daiei Inc., US Banking, US recovery
Posted in Financial News |
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Oct 2nd, 2009 |
By Mike Caggeso |
Category: Financial News
Kenneth D. Lewis There are many ways to view Kenneth Lewis’ eight-year reign as Bank of America Corp. (NYSE: BAC) chief executive, but two seem to hold the most landscape.
Tags: BAC, Banking Crisis, Ben Bernanke, Citigroup, Federal Reserve, GS, Hank Paulson, JPM, LEHMQ, Martin Hutchinson, Mike Caggeso, SCHW, TARP, US Banking, US housing crisis
Posted in Financial News |
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Sep 28th, 2009 |
By Alexander Green |
Category: Financial News
Last week, Vickers Weekly Insider Report noted that corporate insiders are dumping shares like there’s no tomorrow. Insiders sold 6.31 shares for every share they bought. Contrast that with the seemingly brilliant move insiders made at the market low in March, buying three shares for every share they sold. Some analysts are saying there is only one interpretation to this recent turn in insider activity: The market is due for a spill. But not so fast…
Tags: Alexander Green, Corporate Insider, corporate stocks, gold, Stock Markets
Posted in Financial News |
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Sep 28th, 2009 |
By Contrarian Profits |
Category: Financial News, Gold Market
Gold was steady on Monday after briefly falling below $990 an ounce, as the euro trimmed some losses versus the dollar, but bullion looked vulnerable to a long liquidation after it failed to stay above $1,000 an ounce.
Tags: commodities, Liquidation, Precious Metal, Spot Gold, Trims, US dollar, yen
Posted in Financial News, Gold Market |
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Sep 28th, 2009 |
By Contrarian Profits |
Category: Financial News, International Investing
World stocks hit a 12-day low on Monday, depressed by recent weak U.S. economic data and failing to find support from the G20 summit, while the yen attracted fresh flows to hit an eight-month high against the dollar.
Tags: Employment Data, European Stocks, G20 Summit, German Election, German Stocks, Global Recovery, Housing Sales, Stock Futures, Stock Index Futures
Posted in Financial News, International Investing |
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Sep 28th, 2009 |
By Contrarian Profits |
Category: Financial News, Stock Market Investing
U.S. stocks jumped on Monday as more merger and acquisition activity in the last days of the third quarter encouraged investors following three sessions of losses.
Tags: Dow Jones Industrial, Xerox Corp
Posted in Financial News, Stock Market Investing |
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Sep 28th, 2009 |
By Contrarian Profits |
Category: Financial News, Oil Investment & Alternative Energy
Oil traded around $66 a barrel on Monday, steadying after an earlier decline which extended last week’s 8.4 percent slide, as the U.S. dollar lost ground and stock markets moved higher.
Tags: commodities prices, Crude Oil Inventories, European Stocks, Oil Demand, Oil Prices, Stock Markets
Posted in Financial News, Oil Investment & Alternative Energy |
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Sep 23rd, 2009 |
By Jason Simpkins |
Category: Financial News
Asian economies are recovering faster than previously thought and will lead the charge out of the worst global downturn since the 1930s, according to new forecasts by the Asian Development Bank (ADB) – a Manila-based institution that promotes economic and social progress in the Asia-Pacific region.
Tags: BNPQY, Chinese Banks, Emerging Markets, GS, investing in Asia, Jason Simpkins, JPM, MS, Ubs
Posted in Financial News |
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Sep 22nd, 2009 |
By Contrarian Profits |
Category: Financial News, US Dollar & Forex Trading
The U.S. dollar slid to a 1-year low against the euro on Tuesday near $1.48 as deteriorating sentiment on the U.S. currency encouraged selling ahead of a Federal Reserve meeting and Group of 20 summit this week.
Tags: Dollar Weakness, ECB, G20, Global Economy, New Zealand Economy, Swiss Francs
Posted in Financial News, US Dollar & Forex Trading |
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