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.

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