With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Home Prices Record Plunge; U.S. Trade Gap Grows; Social Security Funds Running Out Early; Citigroup Lends Most TARP Money; Big Shipper Maersk Posts Loss; EU To Do Bank Stress Tests […]
Archives for May 2009
May 2009 - Page 7 of 11 - Money Morning - Only the News You Can Profit From
Big Surge in Secondary Stock Offerings Will Lead to a Major Uptick in IPO Profit Plays
By William Patalon III Executive EditorMoney Morning/The Money Map Report In an odd bit of capitalist irony, the U.S. banking crisis could end up as the catalyst that finally jump-starts the long-moribund market for initial public stock offerings (IPOs). In fact, it already appears to be happening. U.S. banks – under government order to raise […]
The Six Ways to Play Canada’s Oil Sector
By Martin HutchinsonContributing EditorMoney Morning With oil finally trading back above the $50-a-barrel level, it's time to recognize that crude prices are probably not going to remain low for very long, and may end up fluctuating in the $50-$80 range – regardless of what happens to the prices of other commodities. After all, the economies […]
China Imports Record Amounts of Copper and Iron Ore, but Exports Drop on Slack Global Demand
By Don MillerAssociate EditorMoney Morning China imported record amounts of copper and iron ore in April as its mammoth stimulus program stoked its foundries and mills. But the nation's exports remained weak, leaving some to wonder how much longer the country can keep its economic fires lit without an increase in global consumption. China's voracious […]
As Junior Miners Cash in on Soaring Inflation and Growing Global Demand, So Can You
From Money Morning Staff Reports In the past two years, Toronto's TSX Venture Exchange (CDNX), which is the best way to track the value of junior miners, plunged 80% from its all time highs, essentially wiped out all of its bull market gains from peak to trough since 2002. But since December 2008, the TSX-Venture […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Krugman: U.S. in Danger of Lost Decade; Trichet Sees First Signs of Recovery; Plavix Could Have Serious Competitor; Intel Could Face Record Antitrust Fine; GM Open to Leaving Detroit; Microsoft […]
For Auto-Sector Investors, Ford Truly is the “Better Idea”
By Martin Hutchinson Contributing Writer Money Morning Back in the 1960s, when it was still one of the best companies in the world, Ford Motor Co. (NYSE: F) used its familiar marketing mantra to tell its customers that “we bring you better ideas.” By opting to go it alone – and eschewing the constraining government […]
Banking Bellwether HSBC Forecasts a “Tough” Year
By Don MillerAssociate EditorMoney Morning Europe's biggest bank, HSBC Holdings PLC (NYSE ADR: HBC), said first quarter profits increased substantially over last year, but 2009 will be a "tough" year as bad loans increase and the economy slowly pulls out of the recession. The bank's profits benefited from record results in its investment bank and […]
BB&T, Capital One, U.S. Bancorp and KeyCorp Planning Stock Sales to Raise Capital, Repay TARP
By Mike Caggeso Associate Editor Money Morning One business day removed from the government's bank stress tests, four of the largest U.S. banks – BB&T Corp. (NYSE: BBT), Capital One Financial Corp. (NYSE: COF), U.S. Bancorp (NYSE: USB) and KeyCorp (NYSE: KEY) – announced plans to raise capital through stock offerings. BB&T said it plans […]
Are Europe's Banks Next to be Stressed?
By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report Now that the results of the U.S. bank stress tests are finally in the books, the extent of the capital shortfalls are known and – in many cases – are actually being addressed. But there’s now another problem looming – one that could ultimately weigh down […]