Results for 2008 July
Exxon Mobil and Shell Post Record Income but Demand and Production Weigh on Shares
2Q GDP Buoyed by Exports and Rebate Checks
By Jason Simpkins
Associate Editor
U.S. economic growth accelerated in the second quarter, propelled by consumer spending and strong exports, but previous gross domestic product (GDP) estimates were revised down, indicating a soft economy that could easily sink once government stimulus checks…
The "Bad Habit" Asian Firms Just Can't Seem to Shake
By Martin Hutchinson
Contributing Editor
As investors, we can rejoice in the work ethic of Asian companies, as well as their inventive technology and presence in some of the world’s greatest growth markets. But there’s one “bad habit” that Asian management just…
IPOs Dry Up in Developed World but Emerging Markets Show Promise
By Jason Simpkins
Associate Editor
Initial public offerings ground to a halt this year in most of the developed world, as a credit crunch and bear market forced private companies to either postpone offerings, or cancel them all together.
But emerging market…
Global Investing Roundups
Crude Gains on Lower Supply; Comcast Earnings Boost; Garmin Shares Plunge on Lowered Outlook; United’s Pilot Trouble; Private Employers Add Jobs; Nissan Buys Out TN Plants; ArcelorMittal’s Strong Second Quarter; Nintendo Brings Its A-Game
Fed and ECB Extend Credit Terms in Hopes of Boosting Economic Growth
By Jennifer Yousfi
Managing Editor
New measures aimed at boosting liquidity in the credit markets announced by the U.S. Federal Reserve yesterday (Wednesday) diminished chances that Chairman Ben S. Bernanke and the other members of the Federal Open Market Committee would vote…
Casual Dining Restaurants Suffer from Slackening Consumer Spending
By Jennifer Yousfi
Managing Editor
Casual dining restaurants are being hit hard by a softening U.S. economy, as consumers tighten their household budgets to cope with high food and energy prices.
While some fast food restaurants are benefiting from penny-pinching consumers at home…
The Five Best Ways to Invest in Gold Today
By Mike Caggeso
Associate Editor
Editor’s Note: With stock markets in a downward spiral, gold has emerged as one of the safest and most profitable investments. This free report put together by our Money Morning team contains the key steps to profiting in…
Why French Investments Are Worth Another Look
By Martin Hutchinson
Contributing Editor
French investments might have seemed like a bad idea for the first nine months of French President Nicolas Sarkozy’s term. After his election in May 2007, Sarkozy looked like a huge disappointment – unless you REALLY enjoy…
Global Investing Roundups
Another Coal Merger; Pickens Denounces Yahoo; Possible UK/Spain Airline Merger; Alcatel-Lucent Ousts Top Brass; Consumer Confidence Climbs from 10-Year Low; Home Prices Continue Collapse; Northrop Grumman Sees Second Quarter Profit Soar; U.S. Steel’s Ironclad Earnings
- Teck Cominco Ltd. (TCK) yesterday (Tuesday)…
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