Archives for August 2008

August 2008 - Page 11 of 12 - Money Morning - Only the News You Can Profit From

Global Investing Roundups

Sony Goes Solo; P&G's Socks Strong Second Quarter; Service Sector Shrinks; D.R. Horton Now a Fixer-Upper; Lehman in For a Trim; Adidas Brings its "A" Game; Farmland Values Skyrocket; Russian Fire Sale Bertelsmann AG will sell its half of Sony BMG Music Entertainment to Sony Corp. for $900 million giving the Japanese company full ownership […]

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Federal Reserve Holds Rates Steady at 2.00%, Says "Downside Risks" and Inflation Remain Concerns

By Jason Simpkins Associate Editor Federal Reserve policymakers yesterday (Tuesday) kept the nation's benchmark interest rate at 2.00% for the second consecutive meeting, although inflation accelerated and the U.S. economy only advanced slowly. "Although downside risks to growth remain, the upside risks to inflation are also of significant concern to the committee," the policymaking Federal […]

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Pledge To Hedge: Staying Healthy in Today’s Whipsaw Markets

Editor’s Note: This is the fourth installment of an ongoing series. The Global Investing Roundups will return later this week. By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report Think about your money for a minute. When it comes to success, “earning more” is only part of the picture. Studies show that what you save may […]

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What to do When the Federal Reserve Finally Gets Serious about Inflation

By Martin HutchinsonContributing Editor The U.S. Personal Consumption Expenditures deflator, believed to be the primary gauge of inflation for U.S. Federal Reserve Chairman Ben S. Bernanke, rose 0.8% in June. That wiped out the gains from the June infusion of tax rebates and turned the key Personal Consumption Expenditure – which had risen a solid […]

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Special Report: Hit the BRICs for a Global-Investing Double Play

The Second of Two Parts. By Martin Hutchinson Contributing Editor Global investors need to “hit the BRICs” – literally. Back in 2003, the Goldman Sachs Group Inc. (GS), eager to push its clients towards global investing – especially in the emerging markets – invented the acronym “BRIC” (Brazil, Russia, India and China) to represent the […]

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Slackening Demand Causes Oil Prices to Slip

By Jason SimpkinsAssociate Editor Crude oil prices slipped below $119 a barrel on the New York Mercantile Exchange yesterday (Monday) for the first time in three months as tropical storm Edouard veered away from energy facilities in the Gulf of Mexico, and a government survey that revealed U.S. consumer spending flagged in June. Light, sweet […]

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Buy, Sell or Hold: Potash Corp.

As the old Wall Street adage says, nobody ever got poor by taking profits. And Potash Corp. (NYSE: POT), the world’s largest fertilizer company, is a living case study as to why that’s true. The Saskatoon, Canada-based Potash posted stellar results for the second quarter.  Gross margins and earnings tripled to 68% and $905 million, […]

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Commodities Coup: Moscow Seizes Control of Agricultural Exports

By Jason Simpkins Associate Editor Russia has generated considerable political ill will throughout the former Soviet Union and even in Europe by renationalizing its energy sector – ultimately using such state-run ventures as OAO Gazprom and its resource-rich position as weapons of economic diplomacy. And now that Russia has formed a state-run grain trader, analysts […]

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Although Federal Reserve Policymakers Are Set to Meet, They Have Little Room to Maneuver

By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report U.S. Federal Reserve Chairman Ben S. Bernanke and his fellow central bank policymakers will be back in the spotlight this week as the group convenes for its monthly monetary-policy meeting. But there won’t be much to report. Although the Federal Reserve’s policymaking Federal Open Market Committee […]

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Special Report: Hit the BRICs for a Global-Investing Double Play

Editor’s Note: This special report – the First Installment of a Two-Part Story – originally ran Friday. But since many subscribers were unable to access the story due to a technical problem, we’ve included it again as part of today’s broadcast. Part II will run tomorrow (Tuesday). By Martin HutchinsonContributing Editor If you’re a global […]

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