From Staff Reports Though millions of U.S. workers lose their jobs every month, foreign competition is way down on the list of causes. But U.S. politicians routinely spotlight foreign competition as the key culprit, ignoring some of the real reasons American firms routinely cut back on their work forces – including mismanagement, efficiencies created by […]
Archives for August 2007
August 2007 - Page 10 of 11 - Money Morning - Only the News You Can Profit From
French Bank Illustrates How Credit Worries are Going Global
After credit fears caused them to tumble to a record low on Friday, shares of No. 4 French Bank Natixis SA (EPA: KN) posted a record gain of more than 6.1% yesterday (Monday)
Wild Ride in Global Stocks Underscores Worldwide Investor Worries
U.S. stocks posted their biggest gain in almost five years yesterday (Monday) – despite yet another volatile trading session
ADA-ES Sets the Stage for the World's Largest Activated Carbon Plant
By Jason Simpkins A subsidiary of ADA-ES Inc. (NASDAQ:ADES), a leader in environmental technology, is out to slash air pollution – and in a big way. So big, in fact, that the company is planning to build the world’s biggest plant for producing activated carbon, a substance that allows coal-fired power plants to operate more […]
Belarus Assuages EU Fears; Agrees To Pay Part of Gazprom Debt
By Jason Simpkins Belarus eased some of the tensions with Russian oil-and-gas giant, Gazprom, Friday, by paying off part of its debt. Belarus has reportedly paid $190 million of its $456 million dept to Gazprom. The deal was a source of major relief throughout the European Union. The Gazprom-Belarus disagreement started over a supply contract negotiated […]
Weak Jobs Report, More Credit Woes Sends Stocks Skidding
By Jason Simpkins U.S. stocks tumbled Friday – the Dow Jones Industrial Average recorded its third-worst day of the year – after an unexpected increase in the nation’s jobless rate and new revelations about the growing U.S. credit-market mess seemed to fuel concerns about the health of the country’s economy. The Dow plunged more than […]
Europeans Won't Euthanize Corporate Stupidity
By Martin HutchinsonChief Global Investing Strategist Many markets in continental Europe haven’t exactly been the best places to invest over the past 20 years. And unless there are some big changes in France, Germany and Italy – and relatively soon – the future profit opportunities may continue to be as bland as day-old white bread. […]
American Home Mortgage is the First Domino to fall in Non-Sub-prime Market
By Mike Caggeso American Home Mortgage Investment Corp. (NYSE: AHM) announced Friday that it was closing its doors, heightening fears that we’ve only seen the start of the U.S. credit market shakeout. Almost 6,250 employees lost their jobs, leaving about 700 people to collect unsettled bills for the Melville, N.Y.-based lender. American Home Mortgage Investment […]
Strong Jobs Report, Solid Earnings Send Stocks Skyward for Second Straight Day
A solid U.S. jobs report – aided by some strong corporate earnings announcements – propelled stocks higher for the second-straight day
Manage Your Risk and Boost Your Profits, Even in a Volatile Market
If there's one key to investing success, it's this: Manage your risk.