Archive for Money Morning
Chevron Says Hurricane Dolly Evacuation Won’t Affect Company’s Gulf Oil Production
Chevron Corp. (CVX) - the No. 2 U.S. oil company and the most-recent topic of Money Morning’s new “Buy, Sell or Hold” feature - said that a hurricane-induced evacuation of its personnel from the Gulf of Mexico should not hamper production.
Chevron on…
23Jul2008 | Money Morning | 0 comments | ContinuedDubai: More Bubble or More Boom? Time Will Quickly Tell
Dubai has plenty of qualities that catch an investor’s eye.
-The emirate has the world’s only (self-proclaimed) 7-star hotel.
-Dubai also is home to the biggest financial market in the Middle East, which is itself publicly quoted and trades at 25 times…
Inside Wall Street: The Real Reason the Federal Reserve Can’t Raise Interest Rates
Given that the U.S. Federal Reserve is the master of “Three-Card Monte,” can you tell what’s in the cards for short-term interest rates?
Three-Card Monte is a confidence game in which manipulation and misdirection are employed as the “mark” tries…
23Jul2008 | Money Morning | 0 comments | ContinuedPledge to Hedge: A High-Tech Way to Boost Your Vehicle’s Gas Mileage
begin today with a startling number: 5.2.
That’s the percentage my gas mileage improved when I added Pulstar Pulse Spark Plugs to my 1991 Mazda Miata.
Made by the Albuquerque, N.M.-based Enerpulse Inc., Pulstar Plugs are the latest in a series of innovative new products…
22Jul2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
Icahn’s Yahoo Victory; XM Gains Listeners; Gloomy Economic Outlook; Crude Gains on Tropical/Political Storms; Hasbro Beats Expectations; Corn Cut Down; Goldman Banker Summoned by Paulson; Union Asks Citi to Break Up Operations
Yahoo! Inc. (YHOO) agreed to give three spots on its…
22Jul2008 | Money Morning | 0 comments | ContinuedConsumer Spending Threatened by High Prices and Lower Wages
Consumer spending, which accounts for more than 70% of the economy, will be seriously threatened in the months ahead, as prices continue to rise, wages plateau, and government stimulus checks wear thin.
Consumer spending has remained strong in recent months,…
22Jul2008 | Money Morning | 0 comments | ContinuedSwitzerland’s Roche Makes $43.7 Billion Offer for U.S. Biotech Pioneer Genentech
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.
Switzerland-based Roche’s $89 per share cash offer is almost a 9% premium over San Francisco-based Genentech’s Friday closing price.…
22Jul2008 | Money Morning | 0 comments | ContinuedHow Coal Shortages in China Will Spark More Foreign Takeovers of U.S. Assets
The recent buyout of Alpha Natural Resources Inc. (ANR) by Cleveland Cliffs Inc. (CLF) could ignite more than $50 billion worth of M&A deals in the U.S. coal industry over the next few years as Mainland China rushes to solve…
21Jul2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
Piracy Robs Microsoft; BlackRock Profits Rise 23%; Nokia Beats Expectations; Venezuela Lights Up U.S.; BOE’s Sentance “Struck”; Coke’s Earnings Hiccup; JPMorgan Earnings Surprise; Investor Outrage in Pakistan
Microsoft Corp.’s (MSFT) profit growth may be stunted this year by a resurgence of software…
18Jul2008 | Money Morning | 0 comments | ContinuedIf You’re Prospecting for Gold, Tell Them Ben Bernanke Sent You
U.S. Federal Reserve Chairman Ben S. Bernanke is caught between a rock and a hard place right now.
Sure, he would prefer that you focus on “core inflation,” since it excludes sharply rising food and oil prices. But we all have…
18Jul2008 | Money Morning | 0 comments | ContinuedInside Wall Street: That Ticking Sound You Hear Out in the Mortgage Market is the FHA
The fundamentals of economic strife based on the disastrous collapse of the U.S. housing market will not get better any time soon. In fact, what’s being pushed through both houses of Congress, even as you read this, is so dangerous…
18Jul2008 | Money Morning | 0 comments | ContinuedEscalating Inflation at Home and Abroad Puts Pressure on Central Bankers
Inflation is spreading like wildfire around the globe, and while not every country is hurting as bad as Zimbabwe with its mind-boggling 2.2 million percent inflation, the United States and Europe are definitely still getting scorched by rising prices.
U.S. consumer…
17Jul2008 | Money Morning | 0 comments | ContinuedBoeing Lands $10 Billion in Emerging Market Deals
Air China announced yesterday (Wednesday) that it will buy 45 The Boeing Company (BA) jets to help cover increased domestic demand at a time when many Western airlines are struggling to overcome high fuel prices and declining traffic.
Air China…
17Jul2008 | Money Morning | 0 comments | ContinuedFueled by Overseas Demand, U.S. Gasoline Prices Will Continue to Escalate
As oil whipsaws its way toward the unheard-of-level of $150 a barrel (crude closed at $134.60 yesterday, extending a multi-day skid, but traded above $147 as recently as Friday), Americans are finally responding to the pressure of higher gasoline prices…
17Jul2008 | Money Morning | 0 comments | ContinuedThe Lost Decade: How the U.S. Financial Crisis Resembles Japan’s Ten Years of Misery - And How to Play it
If you think the “Lost Decade” Japan endured during the 1990s was deep and painful, stick around: As the global financial crisis that was jump-started by the meltdown of the subprime mortgage market continues to unwind, the U.S. economy is…
17Jul2008 | Money Morning | 0 comments | Continued












