Saturday, November 21st, 2009

Posts Tagged ‘ SCGLY ’

Three Big Reasons Oil Prices Will Rally Back Big Time

May 26th, 2009 | By Money Morning Staff | Category: Financial News, Oil Investment & Alternative Energy

Experts roundly agree that the recession is only a short-term blip in the long-term escalation of oil prices. And this time, there are 1.05 trillion reasons why oil is going to climb well past its peak last year.



Global Investment News Briefs Wednesday April 15, 2009

Apr 15th, 2009 | By William Patalon III | Category: Financial News

Goldman Raises $5 Billion to Repay TARP; Cost Cutting Will Save Royal Phillips $664 Million; Johnson & Johnson Earnings Saved By Cost Cuts; Singapore Forecasts 6%-9% 2009 Decline; Discover to Cut 500 Jobs; LIBOR Rate Dropping Fast; Coal Prices to Stay Low in 2009; Madoff Firm Files Bankruptcy



Why China Will Emerge Stronger from This Crisis

Oct 20th, 2008 | By Jason Simpkins | Category: Emerging Markets

China’s red-hot economy is officially slowing. Latest data put annual GDP growth at 9.0% in Q3, down from 10.1% in the previous quarter. Most analysts expect further economic easing and accelerated capital flight in Q4. But Jason Simpkins says a correction will actually benefit the Chinese economy, which had been running the risk of overheating. And ’slower’ growth of around 8% next year will still be the envy of the developed world.



Chinese Slowdown Could Prompt $58bn Stimulus Package

Aug 25th, 2008 | By Jason Simpkins | Category: Emerging Markets

The Chinese economy is showing signs of a slowdown, says Jason Simpkins in Money Morning. And despite the hype of the Olympic games, the Shanghai Stock Exchange is tumbling. Given the size of the economy, China needs to grow at over 8% annually to create enough jobs. This means a rumored $58-billion government-sponsored stimulus package looks more and more likely…



Switzerland’s Roche Makes $43.7 Billion Offer for U.S. Biotech Pioneer Genentech

Jul 22nd, 2008 | By Jennifer Yousfi | Category: Financial News, International Investing

Roche Holding Ltd. (OTC ADR: RHHBY) yesterday (Monday) announced a $43.7 billion offer for the 44% of Genentech Inc. (DNA) it doesn’t already own.



Turbulent Credit Markets and Inflation Undermine Attempts by Paulson and Bernanke to Bolster Investor Confidence

Jul 16th, 2008 | By Jason Simpkins | Category: Politics & Economics

Both U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke were called to the carpet yesterday (Tuesday) to explain to Congress how continued turbulence in U.S. credit markets will affect the economy in coming months.



European Bank Stocks Rise on Improved Outlook

Jul 3rd, 2008 | By Jennifer Yousfi | Category: Featured, Financial News

After the global financial industry shed $403 billion in write-downs, European banks are finally turning a corner and boosting their share prices.

German giant Deustche Bank AG (DB) and Switzerland’s UBS AG (UBS) both declared they would not need to raise further capital yesterday (Wednesday) as the bulk of losses tied to mortgage-backed securities is now behind them.

“At first glance this is some much-needed positive news for Deutsche in particular but also for the whole sector,” Helge Rechberger, head of equity market research at Raiffeisen Zentralbank in Vienna, told Bloomberg News. He said he remains “cautious” about the financial industry.



Better Than Expected Economic Reports Signal the Economy Could Be Ready for a Fed on Pause

May 5th, 2008 | By Jennifer Yousfi | Category: Politics & Economics

The U.S. economy shed 20,000 in April, the Department of Labor announced in its monthly employment summary, bringing total unemployment up to 5% from 5.1% last month.



Global Investing Roundups Friday, April 18th, 2008

Apr 18th, 2008 | By William Patalon III | Category: Stock Market Investing

Nokia Shares Plummet on Missed Earnings; “The World” Developer Posts Quadrupled Annual Profits; Google Beats Estimates; Capital One Profit Drops 19%; TD Ameritrade Gets a Boost; Societe General Chief Steps Down; Avant Soars on Pfizer Deal; Southwest Ekes Out Profit.