On Feb. 4, I recommended buying Amazon.com Inc. (Nasdaq: AMZN) stock as a long-term play with very important short-term catalysts that were about to unfold. The basis of the long term recommendation was the fact that I found in Amazon that elusive quality that I was taught to seek in business school a few decades […]
Archives for June 2009
June 2009 - Page 4 of 11 - Money Morning - Only the News You Can Profit From
China IPOs Set to Resume After 10-Month Hiatus
By Jason SimpkinsManaging EditorMoney Morning China lifted a 10-month moratorium on initial public offerings (IPOs) today (Friday) in a move that highlighted the government's renewed confidence in the stock market and sent shares Chinese brokerages soaring higher. Guilin Sanjin Pharmaceutical Co. on June 29 plans to sell 46 million A shares on the Shenzhen Stock […]
The Four Key Reasons the U.S. Economy is Facing a 'Jobless Recovery'
By Martin Hutchinson Contributing Editor Money Morning When the Labor Department recently reported that U.S. payrolls fell by 345,000 jobs in May – the lowest total in eight months – commentators were suddenly spotting "green shoots" of economic recovery virtually everywhere they looked. Given that more than $800 billion of federal money has been earmarked […]
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. Microsoft's Bing Off to Strong Start; U.S. Natural Gas Reserves Higher Than Once Thought; Carnival Cruise Lines Beats the Street; Treasuries Fall Again; GE Capital May Come Under Fed Scrutiny; […]
U.S. Ramping Up Wind Power Programs Even As Concerns Surface About Possible Declines In U.S. Wind Strength
By William Patalon III Executive Editor Money Morning/The Money Map Report Just as the United States is boosting its reliance on wind power, a new academic study set for release in August says that U.S. wind forces may be getting weaker. Eugene S. Takle, a professor of atmospheric science at Iowa State University, and the […]
Drop in Continuing Unemployment Claims Could Signal Onset of Recovery
By Don Miller Associate Editor Money Morning The economy continued to show signs of recovery from the worst recession in 60 years as the total number of Americans receiving unemployment benefits dropped for the first time since January, the Labor Department reported yesterday (Thursday). The good news came in spite of a small jump in […]
Leading Economic Indicators Make Largest Gain Since 2004
By Bob BlandeburgoAssociate EditorMoney Morning The Conference Board's Leading Economic Index (LEI), which points to the direction of the economy in the next three to six months, made its largest gain in five years last month, signaling that the end of the recession may be in sight. Supplier deliveries, interest rate spread, and stock prices […]
Germany: Emerging Market Profit Potential, With (Only) Developed Market Risk
Many commentators have picked the East Asian economies of China, Korea and Taiwan to emerge the most vigorously from the ongoing global financial crisis. And with some justification, for China and the two Asian "tigers" share some alluring characteristics like: A highly competitive and innovative manufacturing industry. Excellent government and workforce discipline. Modest fiscal and […]
Obama's Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street
By Don MillerAssociate EditorMoney Morning U.S. President Barack Obama took a swipe at Wall Street yesterday (Wednesday) as he unveiled a sweeping 85-page proposal to reinvigorate government regulation of the U.S. financial markets by giving the Federal Reserve new powers to supervise the economy. The proposal is part of an effort by the Obama administration […]
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. Consumer Prices Increase Less Than Expected; Ten Banks Repay TARP Debt; Bankrupt Eddie Bauer Attempts Sale; Berkshire Hathaway Options Begin Trading; FedEx Losses Mount; Saab Cuts Debt; Gas Prices Keep […]