All Posts Tagged With: "Money Morning"
Global Investing Roundups
Gloomy Beige Book Report; Weak August for Autos; Layoffs at GMAC; Fraud Charges for Former Credit Suisse Brokers; Factory Orders Rise; Staples Profit Squeezed; United Technologies Lands $80m Jet Deal; Liberty Spins Off DirectTV
-The U.S. Federal Reserve released its Beige…
4Sep2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
Lukoil Counts on Artic Find; Gourmet-Cookware Seller Burned by 2Q Results; FGIC Prolongs the Inevitable; Diageo’s Strong Sales; Lehman Bros. Plans Layoffs; Toyota’s 10 Million Goal Just Out of Reach
-Lukoil (OTC ADR: LUKOY), Russia’s second-largest oil producer said its new Artic…
29Aug2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
U.S. Bankruptcy Filings Soar; Japan’s Bankruptcy Jitters; Boeing Backs Down in Face of Strike; Quicksilver’s Ski Sale; Gustav Pushes Crude Higher; TiVo Swings to Profit; PetroChina Hurt by Subsidies; BP Ending Russian Venture
-In yet another indication of the weak economy,…
28Aug2008 | Money Morning | 0 comments | ContinuedFed Signals Next Move Will be a Hike in Rates, But Timing Remains Uncertain
The next move from the U.S. Federal Reserve will be to increase the Federal Funds rate, although the timing of that hike remains to be decided.
“A number of participants worried about the possibility that core inflation might fail to…
27Aug2008 | Money Morning | 0 comments | ContinuedMonsanto Sells Off Controversial Milk-Hormone Unit to Focus on Seed Product Lines
Monsanto Co. (MON), the world’s largest seed producer, is selling off its rights to a synthetic milk-producing hormone in order to focus its attention more closely on its core business of developing genetically modified seeds and pesticides.
U.S. pharmaceutical company Eli…
21Aug2008 | Money Morning | 0 comments | ContinuedExclusive Interview: Jim Rogers Continues to View China as the World’s Best Long-Term Profit Play
VANCOUVER, B.C. - Despite its many problems, China remains such a strong long-term profit play that giving up on that country now would be like selling all your U.S. stocks at the start of the 1900s - before America created massive…
20Aug2008 | Money Morning | 1 comment | ContinuedStrong Dollar Rally Causes Gold Prices to Tumble
Gold prices tumbled below $800 per ounce for the first time since late 2007 Friday, as the continuing U.S. dollar rally sparked an across-the-board retreat in commodity prices.
Gold closed Friday at $792 an ounce, a decline of $22.40, or 2.75%.…
18Aug2008 | Money Morning | 0 comments | ContinuedThe Five Best Ways to Invest in Gold Today
When times are tough, gold soars.
And frankly, the economy has been tough: $4 gasoline, the housing crisis, rampant inflation, plummeting stocks…
But all the while, gold prices vaulted a cool 43.25% in the past year.
Missing out on gold…
30Jul2008 | Money Morning | 0 comments | ContinuedOil Hits $140 on Depleted Dollar and Supply Concerns
Oil and gold each experienced a fresh resurgence yesterday (Thursday) - with crude achieving a new trading record - after the dollar weakened in response to the policy decisions by central banks around the world, and the Organization of Petroleum…
27Jun2008 | Money Morning | 0 comments | ContinuedFinancial Fears Sweep the Globe After RBS Predicts Worldwide Stock-Market Crash
As rocky as the global markets have been, the worst is yet to come, the Royal Bank of Scotland Group PLC (ADR: RBS) warns.
RBS analysts have warned clients to brace for a full-blown crash in the global stock-and-bond markets over…
20Jun2008 | Money Morning | 0 comments | ContinuedDallas Fed President Lends Credibility to Money Morning’s Prediction That the Federal Reserve Will Soon be Boosting Interest Rates
Just one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing…
31May2008 | Money Morning | 0 comments | ContinuedMoney Morning’s Top 10 Reasons Why We May Have Hit A Bottom, But Not The Bottom
Since the start of the year, the debate over the state of the U.S. economy seems to escalate by the day. The ongoing subprime mortgage mess, the resultant credit crunch and daily stories about housing defaults, escalating oil prices and…
17Apr2008 | Money Morning | 0 comments | ContinuedJim Rogers: China’s Economic Advance is All But Unstoppable
SINGAPORE - China’s long-term prospects are so strong that even a civil war, an economic collapse or political assassinations would only temporarily delay its emergence as a worldwide economic powerhouse, global investing guru Jim Rogers told Money Morning during an…
15Apr2008 | Money Morning | 0 comments | ContinuedWachovia’s Surprise Loss, Financial Ills, Reignite Subprime Mortgage Fears
Wachovia Corp. (WB), the fourth-largest U.S. bank, stunned investors yesterday (Monday) by posting a surprise first-quarter loss, announcing a dividend cut and revealing plans to raise $7 billion in capital.
Chief Executive G. Kennedy “Ken” Thompson said the “precipitous decline…
15Apr2008 | Money Morning | 0 comments | ContinuedDuPont Raises 1Q Earnings Estimate, Sheds Light on Burgeoning AgBoom Stocks
By Mike Caggeso
Money Morning
E.I. du Pont de Nemours & Co. (DD) - commonly known as DuPont - raised its first-quarter earnings by 20%, highlighting the investor-friendly team of Agriculture Boom companies that are capitalizing on the demand for raw commodities.…
11Apr2008 | Money Morning | 0 comments | ContinuedIMF Warns of Global Economic Slowdown
By Jennifer Yousfi
Money Morning
Global growth will slow to 3.7% in 2008, the International Monetary Fund announced yesterday (Wednesday), in its most recent World Economic Outlook.
There is also a 25% chance of a global recession should economic growth fall below 3%…
10Apr2008 | Money Morning | 0 comments | ContinuedWashington Mutual Slashes Dividend, Cuts Jobs
By Jennifer Yousfi
Money Morning
Shares Washington Mutual Inc. (WM) dropped 10% yesterday (Tuesday) after the mortgage lender announced it raised $7 billion in capital, while slashing its dividend and cutting 3,000 jobs.
Seattle-based WaMu, as the savings and loan is often called,…
9Apr2008 | Money Morning | 0 comments | ContinuedJim Rogers: More Pain for the Greenback, and the Failure of the Federal Reserve
By Keith Fitz-Gerald
Money Morning
SINGAPORE - By bailing out Wall Street and applying “band-aids” to the economy, the U.S. Federal Reserve may well be causing its own downfall - even as it hastens the demise of the greenback as a viable…
8Apr2008 | Money Morning | 2 comments | ContinuedBernanke and His Merry Men Rob Wall Street to Pay off Main Street
Those who were blindsided by the recent financial meltdown are now loudly blaming the “free market” for its failure to police its own excesses, and are calling for greater regulation to prevent future disasters. But for those who clearly observed…
8Apr2008 | Money Morning | 0 comments | Continued






































