All Posts Tagged With: "Balance Sheets"
A Phantom Increase in Income
If you are like me, you are suddenly realizing that your income did not go up by 0.2%, or any percent, because if it did, it seems like you would have remembered it. And anyway, if my income DID go up, then where in the hell is all of this money?
Dow Surges 300 Points
Investors are rushing back into stocks, reports AP, causing the Dow Jones industrials to surge more than 300 points on the first day of the second fiscal quarter.
Financial stocks were among the big winners after Lehman Brothers Holdings Inc. and Switzerland’s UBS AG issued new stock to help bolster their balance sheets. With that upbeat news and a fresh quarter ahead of them, investors appear quite willing to make some bets that the worst of the damage from the nation’s credit struggles has been felt. Moreover, the moves buttressed the view that financial services companies are taking aggressive action to improve their capital bases and stave off the potential of a collapse similar to Bear Stearns Cos. Analysts believe there must be a recovery in bank and brokerage stocks to lead major stock indexes higher. Some of the biggest financial players had their biggest moves of the year Tuesday — Citigroup Inc. shot up 10 percent, JPMorgan Chase & Co. rose 7 percent, and Lehman surged 11 percent.
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes Another Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT
