CNBC Dismisses Talk of Outside Investor Stepping in at Troubled Bear Stearns

From Staff Reports Shares of Bear Stearns Cos. Inc. (BSC) fell 3% yesterday (Thursday) afternoon after a CNBC report downplayed any talks between the...

Pepsi 'Goes Red' in China

By Keith Fitz-Gerald Contributing Editor Sometimes it's better to invest in the hungry underdog than in the satisfied leader, and nowhere is that...

Japan's Politics Shouldn't Derail Its Economy: Profiting from the New Prime Minister

By Martin Hutchinson Director of Global Investing Research The unexpected resignation of Japanese Prime Minister Shinzo Abe on Sept. 12 spooked the...

U.S. Economy Surges in the Second Quarter, Struggles After That

By Jason Simpkins Staff Writer The U.S. economy made a strong showing in the second quarter, with growth surging at an annual rate of 3.8% -- a major...

Here's Why MGM is a High-Profit Play on China

By William Patalon III, MBA Managing Editor Money Morning & The Money Map Report When it comes to MGM Mirage (MGM), to borrow a phrase from an...

Google Studies High-Speed Undersea Cable to Asia

From Staff Reports In a move that highlights both Google Inc.'s ambitious global vision - and the massive infrastructure investments required to make...

Warren Buffett and Berkshire Hathaway Rumored as Bear Stearns Investors

From Staff Reports Bear Stearns Cos. Inc. (BSC) shares jumped almost 7.5% yesterday (Wednesday) after the New York Times reported that the investment...

'Trillion-Dollar' Mine for BHP

From Staff Reports After reporting a near-doubling of the ore reserves at its massive Olympic Dam ore deposit in Southern, BHP Billiton Ltd. (BHP)...

Defense Contractors See No Sector Slowdown on the Horizon

By Jason Simpkins Staff Writer A number of defense-industry shares hit new highs yesterday (Wednesday), and may have more room to run, according to a...

Chevron Prepares $15 Billion Buyback

From Staff Reports Chevron Corp. (CVX), the second largest U.S. oil company, yesterday (Wednesday) announced a three-year, $15 billion share buyback...

Warren Buffett's Berkshire Hathaway is Riding the Rails Again

Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) - on a railroad kick since early this spring - has purchased 6,000 more shares of Burlington...

Housing Sales and Prices Drop As Consumer Confidence Retreats

The news on the U.S. housing market continues to get worse. And the slump is now affecting the consumer psyche. Read the full report...

Australia's Moly Mines Turns Attention to New Project

From Staff Reports With prices for the metal molybdenum remaining high, Australia's Moly Mines Ltd. has turned its attention to the huge financing...

GM Strike Could Intensify Economic Slowdown

From Staff Reports In a report from the Associated Press it was revealed that The strike against automaker General Motors Corp. (GM) could do...

High Debt Levels Leave Aussie Households 'Exposed,' Australian Reserve Bank Says

From Staff Reports Australia's ongoing economic boom - fueled by the continued growth in the Asia-Pacific Region - has left Aussie families less...

With Oil, Uranium and Gold, There’s Nothing Crazy About This Canadian Loonie Tune

By Martin Hutchinson Director of Global Investing Research The Canadian dollar – also known as “The Loonie” – moved above $1 last week, an...

Mexico, Colombia Both Hold the Line on Interest Rates

From Staff Reports Mexico's central bank on Friday kept its benchmark interest rate unchanged at 7.25% for a fifth-straight month - but signaled that...

China Covets Crude

By Jason Simpkins Staff Writer China's top oil producer, PetroChina Co. Ltd. (PTR), has raised its production estimate for the Jidong Nanpu oil...

India’s Outsourcing Capacities are Evolving and Shrinking at the Same Time

By Mike Caggeso Staff Writer On the surface, India is still breaking records as the hub of global outsourcing. Revenues from the insurance...

Dutch Saudi Joint Project Soon to be the Largest U.S. Oil Refinery

From Staff Reports Royal Dutch Shell PLC (RDS.A RDS.B) and Saudi Arabia's Saudi Aramco have announced the $7 billion expansion of a refinery in Port...

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