Archives for August 2008

August 2008 - Page 10 of 12 - Money Morning - Only the News You Can Profit From

EPA Rejects Ethanol Waiver

By Jason SimpkinsAssociate Editor The Environmental Protection Agency has denied a request from several U.S. policymakers to temporarily waive ethanol requirements for gasoline in hopes of bringing down corn prices. A federal energy bill, the Renewable Fuel Standard (RFS), currently requires that 7.76% of gasoline products be blended with ethanol. That amounts to about 9 […]

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U.S. Political Strife Drives ADM Ethanol Business to Brazil

By Jason Simpkins Associate Editor Archer Daniels Midland Co. (ADM), the nation's largest ethanol producer, could begin shifting much of its biofuels operation to Brazil, as corn-based ethanol attracts continued political scrutiny in the United States. ADM profits from oilseed, corn processing, and agricultural services hit a record $3.4 billion for the 2008 fiscal year, […]

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The Only Stock Market Chart Investors Need to See

By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report With all the negative news that's right now permeating the global financial markets – hammering stock prices – we wouldn't blame you one bit if you wanted to stick your head in the sand. But before you cash out and take that escape route, there's a stock […]

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Global Investing Roundups

Freddie Mac's Grim Quarter; Sprint Swings to 2Q Loss; Time Warner Could Dump AOL; Lonmin Rejects Xstrata Offer; Ambac Posts Record Net Profit; Playboy Stripped of Earnings; Oil Prices Continue Slide Freddie Mac (FRE) yesterday (Wednesday) posted a second-quarter loss that was more than three-times larger than Wall Street expected, The Associated Press reported. Freddie […]

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The Three Signs That the Credit Crisis Has Yet to Hit Bottom

By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report "Have we seen the worst from the financial sector?" The question – a very good one – came from an audience member following my global investing presentation at the Agora Wealth Symposium in Vancouver, British Columbia. During my entire time there, the interest in the ongoing credit […]

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News Corp. Expands Presence in India with $100 Million Investment

By Jason Simpkins Associate Editor News Corp. (NWS), the media giant owned by Rupert Murdoch, will strengthen its presence in India with the creation of six regional television channels. Murdoch has in the past warned that an advertising slowdown in the newspaper and television industries would have a decidedly negative impact on U.S. media businesses. […]

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