By Jason Simpkins Investment in China’s fixed assets – factories, property and equipment – increased 26.6% in the first seven months of 2007, fueling concerns that China’s national economy could overheat. In a related development, inflation has reached a ten-year high, putting even more pressure on China’s central bank to raise interest rates, and slow […]
Archives for August 2007
August 2007 - Page 7 of 11 - Money Morning - Only the News You Can Profit From
In Ireland, Green Means Go as Investors Watch Their Wealth Soar
Reasons to invest in Ireland
Analyst: U.S. Commercial Printing Could Offer Refuge From A Volatile Market
By Jason Simpkins If you’re looking for a safe haven in today’s volatile U.S. stock market, Piyush Sharma, a senior equity research analyst for Longbow Research, has suggested the commercial printing industry might be a good place to seek shelter. Markets have been extremely sensitive recently as credit problems continue to escalate. The Dow Jones Industrial […]
Beware of the "Tipping Point"
From Staff Reports It’s called the “tipping point,” and it’s a term that strikes fear in the hearts of even the toughest global traders. Simply put, the tipping point is that specific place in time where there’s just too much bad news for an economic system to overcome. When that point is reached, the market […]
Virulent Pig Virus Viewed as "Threat" to China, Global Business
From Staff Reports A virulent swine virus is “sweeping” China’s pig population – causing pork prices to spike, and spawning fears of a pandemic that could race through this huge country’s pig farms, according to a report in the International Herald Tribune newspaper. This is a development investors should watch, for if it ends up […]
More Bad News on the 'Home Front,' Stocks Fall Again
Sales of existing U.S. homes plunged nearly 11% in the second quarter as the nation's real estate market continued its slump – just one in a slew of bad-news reports that emanated from the real estate market yesterday (Wednesday).
The Second Quarter Votes are in: Global Gains Trump Domestic Pains
By William Patalon III And Mike Caggeso When Deere & Co. yesterday (Wednesday) reported a 23-jump in quarterly profits, the agricultural-equipment maker said that a 5% sales slump in its North American market was more than offset by a 30% revenue gain in the company’s overseas markets. The Moline, Ill.-based Deere (NYSE: DE) – known […]
Nestle Loses AAA Rating From Fitch on $21 Billion Buyback
From Staff Reports And then there were three. It sounds like the title for an Agatha Christie novel, but it’s actually a commentary on the change in the top-tier of the global corporate credit market. European food giant Nestlé SA (OTC: NSRGY), the last European firm with the triple-A trifecta – Triple-A grades from Moody's […]
VWMare Shares Soar on Day Two Following Big Bang IPO
Newly public software firm VMWare Inc. (NYSE: VMW) saw its shares climb another $6.71 each, or 13.16%, to close at $57.71 yesterday (Wednesday), the day after the company went public.
Aussie Hedge Fund Says it Benefited From Exposure to U.S. Sub-prime Mortgages
HFA Holdings Ltd. (ASX: HFA), an Australian hedge fund manager that manages more than $3 billion, said it anticipated the U.S. subprime mortgage crisis.