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Global Investing News: Bank of America (BAC), China Mobile (CHN), General Motors (GM), UBS AG (UBS), American International Group (AIG) and Eli Lilly & Co. (LLY)
BofA 1Q Profit Doubles; China Mobile Misses Estimates; GM Cutting 1,400 Salary Positions; UBS Selling Brazilian Unit; AIG Gets More Fed Funding; Leading Economic Indicators Fall More Than Forecast;…
21Apr2009 | Money Morning | 0 comments | ContinuedInvestor Calls for Bank of America CEO Kenneth Lewis to be Ousted
Upset with Kenneth Lewis’ leadership as Bank of America Corp.’s (BAC) Chief Executive Officer, and unable to privately persuade the company to unseat him, longtime…
16Mar2009 | Money Morning | 0 comments | ContinuedSo Far, So…Mediocre
Weak.
Remember last week when I said I expected the market to come off a little bit from the recent buying spree, and that it was…
6Feb2009 | Oxbury Research | 0 comments | ContinuedBank of America to Boost Stake in China’s No. 2 Bank
Bank of America Corp. (BAC) will almost double its stake in state-owned banking giant China Construction Bank Corp., and will control nearly 20% of China’s second-largest…
18Nov2008 | Money Morning | 0 comments | ContinuedWe Live In Interesting, Incompetent Times
Epics and Ongoing Busts in the Financial Sector
There may be a major hurricane battering the oil rigs and refineries in the Gulf of Mexico and…
16Sep2008 | Oxbury Research | Comments Off | ContinuedCredit Crunch Claims Two More (Part 1)
“At no time in history has the biggest money in the world been as MISALOCATED and invested as it is now.†–Ty Andros
…well put Mr.…
16Sep2008 | Oxbury Research | Comments Off | ContinuedGlobal Investing Roundups
Report: Toyota Plunking $1 Billion on Brazil Plant; India Housing Boom Ending; GDP Revised Up; Home Sales Rise, Values Fall; Anheuser Busch to Reject InBev…
27Jun2008 | Money Morning | Comments Off | ContinuedBACK TO BASICS
I have been buying natural resources since 2001. Back then, commodity prices were the cheapest ever in the history of capitalism and tangibles were not…
20Jun2008 | Daily Reckoning | Comments Off | ContinuedInflation is Winning
Today, we turn to our war correspondents for dispatches from the front lines, and we find an important insight:
“Learn to live with inflation,” begins the…
20Jun2008 | Daily Reckoning | Comments Off | Continued
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