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Posts Tagged ‘ Wells Fargo ’

Dollar Edges Up vs Euro ahead of U.S. Consumer Data

Aug 24th, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex Trading

The dollar edged up against the euro and yen on Monday in extremely thin trade as Wall Street surrendered earlier gains and traders repositioned themselves ahead of U.S. consumer and housing data due this week.



Global Investing Roundups Thursday, December 11th, 2008

Dec 11th, 2008 | By William Patalon III | Category: Financial News

China Exports and Import Decline; Rio Guts 14,000 Jobs; Wells Fargo CEO Sees Housing Bottom; Orascom Lands North Korea Telecom Deal; Office Depot Shutters 112 Stores; JA Solar Cuts 4Q Estimates



Citigroup (C) Whacks Another 50,000 Jobs

Nov 18th, 2008 | By Mike Caggeso | Category: Financial News

Citigroup Inc. (C) today (Monday) unveiled plans to cut more than 50,000 jobs in the “near term” and slash expenses by 20% to preserve capital as it faces a global slowdown that’s expected to push well into 2009.



A Terrific Opportunity In A Mammoth Sector

Apr 17th, 2008 | By Karim Rahemtulla | Category: Stock Market Investing

Pop quiz: Over the past six months, one sector of the market has seen more insider buying than any other. Can you name it? If you think it’s technology, you’d be wrong. Yes, the sector has enjoyed a resurgence in recent months, but not enough to whip up a heavy enough wave of insider buying as the sector I’m talking about.



Forget the News — Watch the Reaction

Apr 17th, 2008 | By Justice Litle | Category: Stock Market Investing

Traders have a saying. “It’s not the news — it’s the reaction to the news.” The idea is to pay attention to what’s happening behind the scenes. If the news is good and the market goes down, that points to hidden weakness. But if the news is bad and the market goes up, that points to hidden strength.



Global Investing Roundups Thursday, April 17th, 2008

Apr 17th, 2008 | By William Patalon III | Category: International Investing

J.C. Penney CEO Declines Annual Forecast; Wells Fargo 1Q Beats Estimates; Chinese Economy Undaunted in 1Q; GE Ups Asian Investment; Auto Industry Heats Up in India; Qualcomm’s India Investment; Sparrows Point Deal Approved; Welch Shows Wrath



All Aboard! The Earnings Train is Leaving the Station

Apr 14th, 2008 | By Rick Pendergraft | Category: Stock Market Investing

Although the earnings season officially kicked off last week with Alcoa reporting first quarter earnings, the real fun starts this week with seven Dow components reporting.