Archives for October 2007

October 2007 - Page 2 of 13 - Money Morning - Only the News You Can Profit From

Acer Leapfrogs Lenovo for the No. 3 Spot in the World PC Market

From Staff Reports Acer Inc. has passed the Lenovo Group Ltd. (LNVGY) to become the world's No. 3 personal computer vendor with its purchase of Gateway Inc., and now it’s going after U.S. PC giant Dell Inc. (DELL). That will leave U.S. high-tech giant Hewlett-Packard Corp. in the No. 1 position. Acer leapfrogged Lenovo with […]

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Guess Which Asian Index Jumped 80% This Year?

Most people associate Bangladesh with catastrophic floods and chronic instability, but that country has actually come a long. According to the International Monetary Fund, growth is set to reach 7% this year, a 30-year high. A military-backed government has pushed through a series of reforms, and 26 state-owned enterprises (SOEs) are slated for sale. “It’s […]

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U.S. Investors Look Past Mortgage, Profit Challenges to Fed Interest Rate Meeting This Week

From Staff Reports With U.S. Federal Reserve policymakers slated to review the nation’s interest-rate situation this week, investors spent last week scrutinizing corporate earnings reports in search of signs that the “mortgage challenges” facing the U.S. economy might be limited to financials and housing. With about 150 Standard & Poor’s 500 Index companies having reported […]

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Soaring Oil Prices Spell Trouble For Emerging Markets

By Jason Simpkins Associate Editor Middle East violence and inventory concerns sent oil prices rocketing to record levels above $92 a barrel Friday, spawning recession concerns in the United States and heightening inflationary worries in India and Asia, particularly in China. It’s now virtually certain that oil prices will eclipse the psychologically important $100 a […]

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Two "CanRoy" Investments for the Oil and Gas Boom

By Keith Fitz-Gerald Contributing Editor Many investors are convinced that it takes sophisticated investment strategies to rack up big returns. That's just flat out wrong. In fact, the simplest strategies are often the best, and can produce major returns – especially if you align yourself with powerful global trends, such as energy. Among the best […]

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How to Get "Asian-Sized" Returns in Europe

By Martin Hutchinson Director of Global Investing Research Free-market U.S. conservatives like to talk about "old Europe." They tell stories about the sclerotic EU bureaucracy, the intransigent French unions, and the rigid German banking system. Problem is, they ignore the really interesting Europe. The Europe that is growing rapidly. The Europe with soaring productivity, low […]

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Global Investing Roundup

Commercial Bank of China Makes Move in South Africa; Petro-Canada Notches Profits; Nike Buys Out Umbro; PetroChina Could Test $9 Billion in IPO Industrial and Commercial Bank of China (IDCBF), China’s largest bank, is buying 20% of The Standard Bank Group Ltd. (SBGOF), South Africa’s largest bank, in a deal valued at $5.56 billion, the […]

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The Merrill Lynch "Surprise" Fuels More Subprime Uncertainty

By Jason Simpkins Associate Editor Just one day after Merrill Lynch & Co. Inc. (MER) wrote off billions in bad mortgage loans and reported its biggest quarterly loss in 93 years, Wall Street analysts yesterday (Thursday) predicted there was still more bad news to come. Although it wrote off $8.4 billion of subprime mortgages and […]

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