With stock markets in a downward spin, gold has emerged as one of the safest and most profitable investments. This FREE report contains the key steps to profiting in gold – including the five best "profit machines" to buy right away.
Archives for December 2008
December 2008 - Page 4 of 11 - Money Morning - Only the News You Can Profit From
Panasonic Offers $9 Billion for Controlling Stake in Sanyo
Start the conversation
Leave a Reply
You must be logged in to post a comment.
By Mike Caggeso Associate Editor Money Morning Panasonic Corp. (ADR:PC) said today (Friday) that it will spend up to $9 billion to acquire majority stake in rival Sanyo Electric Co. Ltd. (OTC:SANYY). The merger would create Japan's second-largest electronics manufacturer behind Hitatchi Ltd. (ADR:HIT), as Panasonic is the world's No. 1 plasma TV maker and […]
White House Approves $13.4 Billion in Loans for GM and Chrysler
By Jason Simpkins Associate Editor Money Morning General Motors Corp. (GM) and Chrysler LLC will receive $13.4 billion in loans from the federal government as part of an emergency measure to keep the companies operating at least until the spring. “These are not ordinary circumstances, in the midst of a financial crisis and a recession […]
Stocks May Not be Cheap Enough, Yet – And Here's Why
By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report For many investors, a low Price/Earnings (P/E) ratio is a sign of value. But don’t you bet on it – at least, not yet. According to Michael T. Darda, chief economist for MKM Partners LLC, analysts have overestimated earnings by an average of 30% to 35% in […]
From Eisenhower To Obama ...The Firms Poised To Cash In On The New U.S. Infrastructure Revolution
[Martin Denholm is the managing editor of the Smart Profits Report.] Pack your bags, folks – "There's no more Wall Street." That's the damning verdict from Alan Greenberg, former CEO of The Bear Stearns Cos. Speaking on Bloomberg TV’s "Money and Politics" show, Greenberg declared that the existing Wall Street investment-banking model is dead. I'm […]
Global Investing Roundups
Start the conversation
Leave a Reply
You must be logged in to post a comment.
FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; Initial Jobless Claims Down; Goldman Sells Sanyo Stake to Panasonic; IMF Sees 2009 U.S. Rebound; Carnival Cruises to 4Q Profit FedEx Corp. (FDX) mixed bad news with good in its latest quarterly report. After posting […]
Obamanomics: President-Elect Taps Career Regulator Mary Schapiro to Head SEC, Proposes $775 Billion Stimulus
By William Patalon III Executive Editor Money Morning/The Money Map Report President-elect Barack Obama yesterday (Thursday) named Mary L. Schapiro – a strong proponent of protections for individual investors – to head the U.S. Securities and Exchange Commission when his administration takes office next month, the biggest of three nominations with potential financial crisis implications. […]
Big Three to Shutter 59 Plants – Chrysler Forces Dealers to Sell at a Loss
By Don Miller Contributing Writer Money Morning Chrysler LLC stunned its employees and dealers early yesterday (Thursday), announcing it was suspending all manufacturing for at least a month, and tightening wholesale credit terms to dealers. By the end of the day, Chrysler was joined by its two other Big Three brethren – General Motors Corp. […]
Obama, Paulson May Ask for a Combined $1.2 Trillion from Skeptical Congress
By Mike Caggeso Associate Editor Money Morning A price tag has emerged for President-elect Barack Obama’s infrastructure stimulus, $850 billion, according to one of his advisers. His team calculates the figure is necessary to create 2.5 million jobs, improve an array of infrastructure projects, and bolster unemployment, health-care, and renewable energy programs, lawmakers told Bloomberg. […]
China Unveils Plan to Bolster Real Estate, Ensure Growth
By Jason Simpkins Associate Editor Money Morning In its latest effort to maintain an annual economic growth rate of 8%, China announced new plans to stimulate the country’s ailing real estate sector. Beijing said the new stimulus package will benefit 7.5 million low-income urban families and 2.4 million households located in the more remote countryside. […]
Start the conversation