[“Hot Stocks” is a new Money Morning feature that analyzes the investment outlook of global companies that are in the news. This is the eighth installment of this ongoing investment series.] Money Morning Staff Reports If you like the car, will you love the company? When it comes to Ford Motor Co. (F), a Canadian […]
Archives for December 2008
December 2008 - Page 11 of 11 - Money Morning - Only the News You Can Profit From
Gold is a "Buy" at $750 or Less... But in the Low $600 Range, it Will be an Absolute Steal
The Casey Report Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level. It could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap and are helping to […]
Global Investing Roundups
Ford and Toyota Sales Crash; Triple Airline Merger in Talks; GE Ponders Job Cuts; Sears Closing Stores; Oil Prices Hit 3-year Low; Discover Says More Credit-card Write-offs Likely U.S. sales in November fell 31% for Ford Motor Co. (F) and 34% for Toyota Motor Corp. (ADR:TM) Every line of Ford vehicle posted falling sales, and […]
Why Fed Policies and Treasury Department Bailouts Will Lead to Inflation Rather Than Deflation
By Martin Hutchinson Contributing Editor Money Morning The U.S. Producer Price Index (PPI) and Consumer Price Index (CPI) both fell in October. Those declines – combined with sharp downward spirals in worldwide stock and commodity prices – have caused many analysts, and even central bankers, to worry that we are on the brink of deflation. […]
Big Three Auto Companies Weighing How to Shed Weight for Gov't Bailout
By Mike Caggeso Associate Editor Money Morning Two days before the chief executives of Detroit’s Big Three – General Motors Corp. (GM), Ford Motor Co. (F), and Chrysler Corp. – march back to Capitol Hill to again petition Congress for a $25 billion bailout, details about each company’s plan to scale back operations are emerging. […]
Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but recall the moment eight years ago when I realized the U.S. auto […]
Don't Give Up on Gold
By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report If you were counting on gold to boost your returns this year, chances are you’ve been cruelly disappointed. In fact, when it comes to gold-related investments, virtually every category is down, making this one of the worst years in history for gold investors. So, why is it […]
Global Investing Roundups
NBER: U.S. in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; Consumer Credit Crunch in the Making; Crude Slides on Recession Outlook; J&J to Buy Mentor It’s official: The United States has been in a recession since December 2007, the National Bureau […]
Black Friday, Cyber Monday Fail to Allay Retail Anxiety
By Jason Simpkins Associate Editor Money Morning Steep holiday discounts and bargain hunting boosted Black Friday sales, but a dour economic outlook leaves analysts skeptical that Americans will be able to sustain their buying frenzy for the duration of the holiday season. Spending over the four-day Thanksgiving weekend rose 7.2% from a year ago to […]
November Unemployment Statistics to Highlight Economic Reports This Week
Money Morning Staff Reports This week’s economic reports will be highlighted by Friday’s unemployment report, which analysts expect will illustrate the 11th straight month of declining job ranks in the U.S. economy. Non-farm payroll employment fell by 240,000 in October, and the unemployment rate jumped to 6.5%, up from 6.1% the month before, the Bureau […]