When Sirius XM Radio Inc. (Nasdaq: SIRI) reports its first-quarter results early today (Thursday) investors will be looking for two things: An operational sense of direction from the newly merged satellite radio player, and any insight on the opportunities that might emanate from Liberty Media Holding Corp.'s (Nasdaq: LINTA) recently taking a 40% stake in […]
Archives for May 2009
May 2009 - Page 9 of 11 - Money Morning - Only the News You Can Profit From
As Economic Growth and Inflation Escalate, U.S. Treasury Bond Yields Will Head Higher
By Martin HutchinsonContributing EditorMoney Morning U.S. Treasury bond yields are going higher – much higher. And that's even before we factor in the likely effects of rising inflation, which we haven't seen yet, but can certainly anticipate. Throughout the news media, commentators are noticing new "green shoots" – early signs of a recovery in the […]
With its Domestic Growth Ambitions, Chongqing Shows Investors Why China is the Place to be
[Editor's Note: This is Money Morning Investment Director Keith Fitz-Gerald's latest report from China.] By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report CHONGQING, People's Republic of China – For "Show me" skeptics who want proof that every investor needs to have a China investing strategy, a visit to this industrialized city would likely be enough […]
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. Ford Invests in Smaller, Greener Cars; Payroll Cuts Better Than Expected; Saab Open to Fiat Takeover; Canada's March Building Permits Surge; eBay CEO: Skype Worth More Than $2 Billion; Hertz […]
Surge in Underwater Mortgages Forces Obama Administration to Review Loan Limits
By Don MillerAssociate EditorMoney Morning Almost a quarter of U.S. homeowners now owe more on their mortgage than their homes are worth, according to one new study, signaling additional challenges to the Obama administration's efforts to stabilize the housing market. About 21.8% of all owners were underwater as of March 31, according to a report […]
Eager to Spend and Expand, PetroChina Raising $22 Billion in Bonds
By Mike Caggeso Associate Editor Money Morning PetroChina Co. Ltd. (ADR: PTR) said it hopes to raise as much as $22 billion (150 billion yuan) to fuel its expansion plans and pay its dividend. The world's second-largest company – which raised 50 billion yuan in the first quarter though bond issues and bank borrowing – […]
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. Bernanke Sees Late-09 Turnaround; Canadian Dollar Hits Six-Month High; Kraft Beats 1Q Estimates; South Africa Unemployment Hits 23.5%; Service Sector Gains Ground; AIG's First Quarter Loss Expected to Shrink; Some […]
Is the Stock Market Rally For Real?
By William Patalon III Executive EditorMoney Morning/The Money Map Report Is the U.S. stock market rally for real? Or have stock prices gotten a little ahead of themselves? After more than eight weeks in rally mode, it certainly appears that stock prices are outpacing economic reality. In fact, some stock market mavens are even starting […]
Investment Risks in China Outweighed by Growth Prospects
[Editor's Note: Money Morning Investment Director Keith Fitz-Gerald is one of the world's leading experts on Asia, especially China. Right now, Fitz-Gerald is leading an investment tour of the Red Dragon, and he'll be sending along regular investment travelogues to update Money Morning readers on his latest observations. Fitz-Gerald previously wrote about how China and […]
Stress Tests and GM Bankruptcy Hang Over GMAC As it Reports $675 Million Loss
By Don MillerAssociate Editor Money Morning Auto and mortgage lender GMAC LLC (NYSE: GKM) reported a first-quarter loss of $675 million and now faces further pressure from bank "stress tests" and freefalling sales volumes that may push its former parent General Motors Corp. (NYSE: GM) into bankruptcy. GMAC is one of the 19 lenders waiting […]