By Mike Caggeso Associate Editor Tata Group Chairman Ratan Tata said he would like to buy a stake in luxury sports car Ferrari, a unit of Torino, Italy-based Fiat S.p.A (OTC:FIATY). Tata is a Fiat board member and has a marketing and manufacturing alliance with the automaker for his India auto operations. "I have two […]
Archives for March 2008
March 2008 - Page 12 of 16 - Money Morning - Only the News You Can Profit From
M&A Activity May Add Some Sunshine to the Gloomy Markets
By Mike Caggeso Associate Editor Even though half of last year was plagued by a credit crisis, 2007 was the best year ever for worldwide merger and acquisition (M&A) deals. Total global deal volume checked in at $4.5 trillion, up 24% from the previous high-water mark set in 2006. U.S. deal volume also hit record […]
Payrolls Plummet, Odds of a Rate Cut Improve
By Jason Simpkins Associate Editor Payrolls fell for a second straight month, suggesting that a recession has taken root in the beleaguered U.S. economy and the Federal Reserve will have to take greater steps to increase liquidity and preserve growth despite rising inflationary pressures. U.S. payrolls suffered their biggest monthly decline in five years in […]
Money Morning's Three-Minute Review: How Last Week's Events Will Shape This Week's Action
By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report The presidential election campaigns could play an interesting role in the near-term fate of the U.S. economy. During dire economic times, a certain segment of the population touts those "old reliable" tax-cuts as a surefire cure for what ails the country [though others believe "tax and […]
By All Indications: Telltale Signs of a Recession
By Jennifer Yousfi Managing Editor The "R" word is taboo no more. Everyone from Warren Buffett of Berkshire Hathaway Inc. (BRK.A, BRK.B) to PIMCO's Bill Gross has invoked the once-verboten term. And while it'll be many months before we know if we're actually in a recession, a fresh batch of worrisome economic statistics released last […]
Ratan Tata Hints at Buying Ferrari Stake
By Mike CaggesoAssociate Editor Tata Group Chairman Ratan Tata said he would like to buy a stake in luxury sports car Ferrari, a unit of Torino, Italy-based Fiat S.p.A (OTC: FIATY). Tata is a Fiat board member and has a marketing and manufacturing alliance with the automaker for his India auto operations. "I have two […]
How Low Could It Go? After Friday’s Close, We Better Take a Closer Look
Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report With the Dow Jones Industrial Average, Standard & Poor's 500 Index and Nasdaq Composite Index all closing below key levels, I'm getting a lot of questions from investors. And the most-frequent query is this: "How low can it go?" If you're a serious investor, you'll want […]
Midday Market Update: Troubled U.S. Labor Market Sends Stocks Tumbling
By Jennifer Yousfi Managing Editor U.S. stocks extended losses today (Friday) on news that non-farm payrolls declined the most since 2003 with a loss of 63,000 jobs in February. "The economy has stopped producing jobs, and we're one step closer to one quarter of negative growth; I suspect we're in for another rocky day," Peter […]
Beijing Games: China's Olympic Forecast Calls For Clear Skies, Lots of Profits
The latest story in a series that studies the financial impact of the looming China Olympic Games. By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report This year's Summer Olympic Games are considered so crucial to China's future that Beijing is even taking steps to make sure the weather is perfect for August event's opening […]
As Solar Sector Goes Global, Investors Can Capitalize on Dawning of a New Industry
By Jason Simpkins Associate Editor Back in the 1970s, when solar energy was brand new, it took as much energy go make a solar cell as that device would produce over its 20-year lifespan. Just a decade ago, solar-cell emissions were very high – about double their current levels. But with recent technological advancements, solar […]