September 2007 - Page 3 of 12 - Money Morning - Only the News You Can Profit From

Texas Instruments Raises Buyback, Increases Dividend

From Staff Reports Texas Instruments Inc. (TXN), the world's biggest maker of mobile-phone chips, last week boosted its existing share buyback plan by $5 billion and also increased its dividend for the second time this year. The objective: To raise investor confidence after two quarters of to reassure investors after two quarters of declining profit. […]

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Will Fed Rate Cuts Have an Inflationary Impact?

When Federal Reserve policymakers announced the half-a-point cut in interest rates last Tuesday, I was almost at a loss for words. As all of you know, I had projected reduction of 25 basis points, and by the time Tuesday’s meeting of the central bank’s Federal Open Market Committee (FOMC) rolled around, the market supported my […]

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Stocks Soar Friday on Earnings, Buyback News

From Staff Reports Indexes gained Friday amid encouraging earnings news from Oracle and a big buyback from Texas Instruments U.S. stocks rose Friday, capping off a big week in which the U.S. Federal Reserve cut short-term interest rates to stave off a recession. Stronger-than-expected earnings from Oracle (ORCL) and a big share buyback from Texas […]

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Mattel Releases Huge Mea Culpa in Chinese Toy Recall

By Jason Simpkins Staff Writer Mattel Inc. (MAT) issued an apology to China, Friday, taking the blame for recent product recalls which the toy company admits were design oriented. Mattel also said it recalled more lead-tainted toys than justified, according to an article by The Associated Press. Mattel's executive vice president for worldwide operations, Thomas […]

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The ‘$900 Million Conspiracy’ Trade That Wasn’t?

By Keith Fitz-Gerald Contributing Editor It’s Friday morning, and the $900 million ‘Mystery Trade’ that I’ve written to you about several times recently expires today. This trade, which has been cause célèbre on the Internet, especially in chat rooms frequented by conspiracy theorists, will likely expire having served its purpose as a below-market-rate financing mechanism […]

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Canadian Dollar Reaches Par Against the Greenback

From Staff Reports The Canadian dollar rose to parity against the U.S. dollar for the first time since 1976 yesterday (Thursday), supported by surging oil prices and broad weakness in the greenback, the Financial Times reported. RBC Capital Markets analyst Adam Cole expects the Canadian dollar to continue its upward trajectory. The reason: “Canada produces […]

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Quadruple Witching Day Today

By Jason Simpkins Staff Writer Expect increased trading volume and market volatility today (Friday) as index futures, market index options, stock options, and stock futures all expire on the same day.  While index futures and options typically share simultaneous expirations on the third Friday of every month, quadruple witching days usually only come about on […]

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