Results for 2008 January
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…
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…
Fed Comes Through with Expected 50 Basis Point Cut, But Markets Still Falter
By Jennifer Yousfi
Managing Editor
The U.S. Federal Reserve yesterday delivered the half a point interest-rate cut the market was expecting yesterday (Wednesday) – and hinted that more reductions could come – but an afternoon rally was snuffed out by investor fears…
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…
Four Global Profit Plays That Have Been Unfairly Punished by the Subprime Mortgage Mess
By Martin Hutchinson
Contributing Editor
The whipsaw trading we’ve seen the last few weeks has been unsettling for everyone with a stock portfolio, but they’ve been infuriating for those of us with a portfolio of sound Asian common stocks.
The financial institutions that…
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…
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…
Five Ways to "Follow the Money" to Global Profits, In Good Markets and Bad
By Keith Fitz-Gerald
Investment Director
Money Morning/The Money Map Report
As you might imagine, I have been inundated with telephone calls and e-mail messages from investors who are trying to understand exactly what’s happening in the world’s financial markets right now.
Needless to say,…
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…
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…
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