January 2008 - Money Morning - Only the News You Can Profit From

In Another Whipsaw Day on Wall Street, Stocks Reverse Early Losses, Post Gains in Final Day of January

By Jennifer Yousfi Managing Editor After starting the month with the three worst New Year trading days since 1904, U.S. stocks ended January with solid gains. But it was another whipsaw day for investors on Wall Street yesterday (Thursday): Stocks plunged at the open, but reversed course and moved marginally into positive territory by midday. […]

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Boeing Deals With Dreamliner, Announced Fourth-Quarter Results That Exceed Wall Street Estimates

By William Patalon III Executive Editor Money Morning/The Money Map Report Boeing Co. (BA), the world's second-largest maker of commercial jetliners, announced a fourth-quarter profit gain of 4% that eclipsed Wall Street estimates – despite ongoing problems with its next-generation airliner, the 787 Dreamliner. Boeing shares jumped $1.88 each, or 2.32%, to close at $82.84 […]

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Global Investing Roundups

EU Brings Fat Up-Front; Citigroup Swaps for Nikko Cordial; Merrill Bails on Future CDOs; Foreign Sales Help Merck; UBS Writes Down $18 Billion in 2007; Honda Profit Rolls Over Expectations; U.S. Employers Add 130,000 Jobs; Google Taps South Korea Market Share In the face of fierce industry pressure from companies such as Nestle SA (PINK:NSRGF), […]

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India's Strong IT Sector So Far Unaffected by U.S. Turmoil

By Jason Simpkins Associate Editor The U.S. financial services sector has been devastated by the widespread collapse of mortgage-backed assets, but banking, financial, services, and insurance (BFSI) operations in India have been markedly less affected. The BFSI segment has historically been the highest spender on technology and accounts for a substantial portion of revenues generated […]

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Midday Market Update: GDP Staggers, Investors Wait for Fed

By Jennifer Yousfi Managing Editor Global markets sagged today on weak corporate earnings and subprime concerns, while investors wait for the Federal Reserve's decision later this afternoon (Wednesday). The U.S. markets were down at midday on news that U.S. gross domestic product failed to meet analyst expectations. At noon today, all three major U.S. indices […]

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A High-Wire Act: Investors Watch as Fed Struggles to Balance Inflation Fears, Growth Pressures

By Jennifer Yousfi Managing Editor When U.S. Federal Reserve policymakers conclude their two-day meeting today (Wednesday), investors are betting the central bank will announce a hefty reduction in interest rates for the second time in just over a week. But some analysts are concerned that with a strong durable goods report and some unexpectedly good […]

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Global Investing Roundups

Airlines Lose to High Fuel; Valero Cuts Back as California Goes Green; Sales Slump for Second Largest Railroad; Excel Snaps Up Quintana; Foreclosures Up 75%; Toshiba Profits Despite Flash Drive Drop; NEC Corp. Takes Quarterly Loss; Countrywide's Quicksand Deepens Northwest Airlines Corp. (NWA), JetBlue Airways Corp. (JBLU) and AirTran Holdings Inc. (AAI) released fourth-quarter earnings […]

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