Results for 2008 November
Obama Unveils Economic Team, Plans 2009 Stimulus Package
By Jason Simpkins
Associate Editor
Money Morning
Obama Stimulus Package Updated Articles – 2/19/09
Obama’s New Stimulus Plan May Be the Needle That Pops the Treasury-Bond Bubble
Global Investment News Briefs
Existing Home Sales Down 3.1%; Chile’s 3Q GDP Beat Forecast; SunPower Finishes 18-Megawatt Plant; Cnooc Pushing to Develop More Oil Sites; Alpharma Gets Kinged; Xerox On Track; Oil Jumps 9%;
- Sales of existing homes fell 3.1% in October, the lowest…
Hedge Funds Have Another $200 Billion to go to Complete Their “De-leveraging”
[This is the newest installment in an ongoing news series that looks at the anticipated “aftershocks” of the global financial crisis, in some cases even exploring possible profit opportunities.]
By William Patalon III
Executive Editor
Money Morning/The Money Map Report
Hedge funds looking to…
GM Taking Swift Cost-Cutting Action
By Mike Caggeso
Associate Editor
Money Morning
Running out of cash and in danger of collapse, General Motors Corp. (GM) will try to negotiate for new union work rules and seek to cut debt levels in attempt to boost its…
Citigroup Lands Government Rescue Plan
By William Patalon III
Executive Editor
Money Morning/The Money Map Report
Banking giant Citigroup Inc. (C) received $306 billion of U.S. government guarantees for troubled mortgages and toxic assets, in a rescue package that will save the embattled bank from a possible breakup…
Will “Black Friday” be Just a “Black” Friday for Retailers as the Holiday Shopping Season Begins?
By William Patalon III
Executive Editor
Money Morning/The Money Map Reports
As Thanksgiving approaches, the American people should be thankful for the declining gasoline prices that help enable many of them to afford holiday travel this year. Speaking of the holiday, after the…
Timothy Geithner, Career Finance Official, is Obama’s Nominee for Treasury Secretary
By William Patalon III
Executive Editor
Money Morning/The Money Map Report
Timothy F. Geithner, the New York Federal Reserve Bank president who rose to prominence earlier this year as a key official in the government’s financial rescue measures – is to be secretary…
Buy, Sell or Hold: Google Inc.
By Horacio Marquez
Contributing Editor
Money Morning
When – on August 22, 1851 – schooner-yacht America defeated 15 other yachts representing the Royal Yacht Squadron, racing around the Isle of Wight in England to win the renamed “America’s Cup,” Queen Victoria asked who was…
OPEC Left to Deliberate as Oil Prices Plummet
By Jason Simpkins
Associate Editor
Money Morning
Crude oil prices have plunged two- thirds from its record high during the summer, and the likelihood they’ll fall further has caused panic among oil-producing nations and inspired the Organization of Petroleum Exporting Countries (OPEC) to…
International Retail Guru Michael Duke to Replace Lee Scott as Wal-Mart CEO
By Jason Simpkins
Associate Editor
Money Morning
Wal-Mart Stores Inc. (WMT) has announced that H. Lee Scott Jr., 59, will be stepping down as the retail giant’s chief executive officer, effective Feb. 1. He will be succeeded by Michael “Mike” T. Duke,…
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