[Editor's Note: This housing market forecast is the latest installment of a new Money Morning series that will analyze the outlook for key portions of the U.S. and global economies during the last half of this year. Upcoming installments will detail the outlook for the retail sector, for banking, and for China, to name a […]
Archives for July 2009
July 2009 - Page 9 of 11 - Money Morning - Only the News You Can Profit From
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. U.S. Government to Hold Hearings on Futures Trading; Boeing to Acquire 787 Fuselage Maker; Job Losses Contribute to Rising Credit Delinquencies; Ex-Goldman Sachs Worker May Have Stolen Crucial Code; Declining […]
With Unemployment Soaring, Will the U.S. Require a Second Stimulus?
By Jason Simpkins Managing EditorMoney Morning With unemployment soaring, perhaps to more than 10% by yearend, anxiety is growing in Washington over the effectiveness of the $787 billion stimulus bill passed in February. Indeed, some of U.S. President Barack Obama's advisors have already acknowledged that the administration underestimated the rapid rise in unemployment and that […]
U.K. Manufacturing Data Shows Economy Stagnating, Not Recovering
By Bob BlandeburgoAssociate EditorMoney Morning Manufacturing in the United Kingdom took an unexpected turn for the worse in May. According to the Office for National Statistics, factory output fell by 0.5% from April to May, below forecasts for growth of 0.2%. Additionally, April's 0.2% reported rise in manufacturing was revised to zero. Total production in […]
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. World Bank President to G8: Economy Still Dangerous; Service Sector Improves for Third Straight Month; Rio Sells Packaging Business to Bemis for $1.2 Billion; Crude Prices Drop Again; Report: Bank […]
Hot Stocks: Microsoft's Windows 7 Will Win Big Despite a Slow Start
By Bob Blandeburgo Associate Editor Money Morning Microsoft Corp.'s (Nasdaq: MSFT) soon-to-debut operating system – Windows 7 is one of the company's fastest, most stable versions of Windows yet, and a pre-release version is generating an overwhelmingly positive buzz. Market-research firm International Data Corp. (NYSE: IDC) estimates that 78% of enterprise users will have Windows […]
By Opening its Doors to China for the First Time in 60 Years, Taiwan Paves a New Path for Investor Profits
By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report Just last week – for the first time in 60 years – Taiwan opened its doors to investments from Mainland China. The impact was almost immediate. On Friday, Guangzhou-based China Southern Airlines Ltd. (NYSE ADR: ZNH) submitted the first bid under the new regulations and became the […]
GM Bankruptcy Judge Approves Obama Administration's Exit Plan
By Don MillerAssociate EditorMoney Morning A federal judge handed the Obama administration an important victory in its push to steer the automobile industry back to health Sunday, approving the sale of General Motors Corp.'s (OTC: GMGMQ) most profitable assets to a new government-run company. The move removes an important barrier to the company's plan to […]
Another Dismal Earnings Season for U.S. Companies?
By William Patalon IIIExecutive Editor Money Morning/The Money Map Report Investors and analysts return from the long holiday weekend only to face a rather light week on the economic calendar – except for the earliest stages of what’s expected to be yet another dismal earnings season for U.S. companies. Aluminum giant Alcoa Inc. (NYSE: AA) […]
Oil Prices Due for a Short-Term Setback, Although Long-Term Outlook Remains Bullish
[Editor's Note: This oil preview is the latest installment of a new Money Morning series that will make economic projections for key U.S. sectors for the last half of 2009. As part of that series, look for forecasts for housing, energy, U.S. stocks and the emerging markets.] By Jason Simpkins Managing Editor Money Morning While […]