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Global Investing News
Consumer Confidence Hits Record Low; JPMorgan Slashes Dividend; Bernanke Urges Strong Action for 2010 Recovery; Target Profit Tumbles; Oil Pushing Back to $40; Home Depot Beats Estimates
- U.S. consumer confidence fell to a record low in February, according to the Conference Board index. “Just when you think confidence can’t go any lower, the bottom falls out of it, and you can be sure the rest of the economy is not far behind,” Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York, told Bloomberg.
- JPMorgan Chase & Co. (JPM) slashed its common-stock dividend by 87% Monday, a move that…
WW Grainger: A Healthy Infrastructure Buy For Any Recession-Resistant Portfolio
The futures market was so bad this morning, it triggered the “limit down” rule – when futures trading is frozen. With no end in sight to the string of negative headlines, investors worldwide are calculating the impacts of a sustained global recession. But since there’s no way anyone can accurately call the bottom, all we can do now is continue to uncover sound prospects for your long-term money… whether you decide to buy today, next month or a year from now. Here’s one in particular that’s well placed to weather any storm, including today’s…
When the average weekend warrior wants nuts, bolts…
3Nov2008 | Investment U | Comments Off | ContinuedHousing Market: Home Depot Tells All
Last Saturday morning my father and I made our weekly trip to the local Lowes. For some reason, it has been a tradition amongst the men in my family to make at least one home improvement store trip each Saturday. More often than not, due to poor planning and forgetfulness, we make several trips before we finally get a project finished.
This week’s trip was a bit different than normal. We arrived at the usual time, right after our morning coffee, but something was different. We got a parking spot right up front. Instead of walking across a parking lot half…
26Feb2008 | Guest Contributor | Comments Off | Continued
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