September 2007 - Money Morning - Only the News You Can Profit From

Pepsi 'Goes Red' in China

By Keith Fitz-Gerald Contributing Editor Sometimes it's better to invest in the hungry underdog than in the satisfied leader, and nowhere is that more clear than with Pepsi and Coke in China. In a story that received only passing coverage here in the U.S. market, Pepsi recently 'went red' in China – as in Coca-Cola […]

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Here's Why MGM is a High-Profit Play on China

By William Patalon III, MBA Managing Editor Money Morning & The Money Map Report When it comes to MGM Mirage (MGM), to borrow a phrase from an old rock-n-roll hit, "you ain't seen nothing yet." That seems to be the general consensus on Wall Street, where investors and analysts alike are salivating over the efforts […]

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Google Studies High-Speed Undersea Cable to Asia

From Staff Reports In a move that highlights both Google Inc.'s ambitious global vision – and the massive infrastructure investments required to make that vision a reality – search-engine giant Google Inc. (GOOG) is in early discussions to invest in a group looking to lay a high-speed telecommunications cable beneath the Pacific Ocean. The project […]

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'Trillion-Dollar' Mine for BHP

From Staff Reports After reporting a near-doubling of the ore reserves at its massive Olympic Dam ore deposit in Southern, BHP Billiton Ltd. (BHP) yesterday (Wednesday) said it is sitting on more than $877 billion worth of copper, uranium and gold, according to published reports in The Australian newspaper. In Australian dollars, the reserves are […]

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Defense Contractors See No Sector Slowdown on the Horizon

By Jason Simpkins Staff Writer A number of defense-industry shares hit new highs yesterday (Wednesday), and may have more room to run, according to a report by the Associated Press. Much of the surge can be attributed to Defense Secretary Robert Gates, who requested and additional $42 billion in funding from Congress to cover expenditures […]

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Chevron Prepares $15 Billion Buyback

From Staff Reports Chevron Corp. (CVX), the second largest U.S. oil company, yesterday (Wednesday) announced a three-year, $15 billion share buyback program, according to the Associated Press. The company has already spent $15 billion buying back shares over the past three years and is backing the market, doing it again. "We believe it is appropriate […]

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