All Posts Tagged With: "Ups"
Global Investing Roundups: Tuesday, August 12th, 2008
Best Buy Goes Kiosk; Strike Averted at Verizon; Pilgrim’s Pride Shutdown; JDA Doubles Up; Japan’s Stimulus; Oil Hits New Three-Month Low; Waste Management Raises Bid; UPS in Talks with Competitor.
Second Quarter GDP Release Set to Confirm or Deny U.S. Recessionary Fears
A hectic week on the economic calendar is highlighted by the initial look at second quarter gross domestic product (GDP). Remember, a recession is defined as two consecutive quarters of negative growth, so doomsayers have targeted this week’s release as confirmation of their pessimism.
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
Crude Oil Rising, Dow Collapsing
Editor’s Note: Money Morning’s William Patalon III says crude oil prices above $142 a barrel and the 20% slump in the Dow Jones Industrial Average (DJI) since October are the chief concerns for investors.
Base Metals Stuck
The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.
Base Metals Can’t Get Respect
The base metals were mixed again on Wednesday. Copper had some big ups and downs but in the end was little changed as it finished at $3.6206/lb., down a penny and a half.
$100 Oil Still Changes Everything
“It’s just crazy to think of oil over $100,” one snowy-haired gentleman said. “It will be interesting to see what happens when it goes to $150″ says Justice Litle.
As Gas Prices Escalate, Worries About a Recession Turn Into Fears of Inflation
As the post-Memorial Day hangover lingers, and $4 per gallon gasoline becomes a national reality, expect more and more daily energy prognostications.
Global Investing Roundups: Thursday, May 29th, 2008
Dow Enacts Biggest-Ever Price Increase; South Africa Inflation Soars 10.4% in April; GE Closes the Spigot on Water Use; Dollar Tree Sprouts 14% 1Q Profit, Fed Governor Retires; Rockefeller Proposal Defeated; DHL Delivered by UPS; Deceptive Dell.
National Gas Prices
I hope you enjoyed the Memorial Day weekend - and that your wallet still has a pulse if you did any traveling.
Latest News
- Bullish Signals for Macmahon Holdings Limited (ASX:MAH)2:36pm CDT
- How the Persian Gulf Will Drive the Next Big Agricultural Boom12:15pm CDT
- The 4 Best Securities to Hold in the Coming Global Recession11:43am CDT
- Charles Delvalle Says Get Ready for Deflation in Asset Prices11:01am CDT
- Global Investing Roundups Friday, August 29th, 20089:50am CDT
- Can We Take Yesterday’s GDP Figures at Face Value?7:38am CDT
- Bond King Bill Gross Wants Obama to Up the Deficit to $1 Trillion6:44am CDT
- ‘Resource Nationalism’ Threatens the Future Availability of Oil5:21am CDT
- Two Reverse ETFs Are Making a Killing in This Bear Market4:27am CDT
- Base Metals Move Higher10:49pm CDT
- Crude Pushes Higher as Gustav Threatens Gulf10:46pm CDT
- Dollar Drops10:42pm CDT
- Precious Metals Uncertain10:38pm CDT
- FDIC Braces for More Bank Failures, Expands Offices4:32pm CDT
- Global Investing Roundups Thursday, August 28th, 20083:16pm CDT
- Dow’s (DJI) Earnings Slump Will Lead to More Inflationary Policies3:10pm CDT
- Chrysler Considers Sale of Gas-Guzzling Viper1:10pm CDT
- Look Deeper Into Housing Numbers And You Will See A Different Picture1:04pm CDT
- Bank Failures Could Mean 79% Gains on XLF December 20 Puts9:32am CDT