By Jason Simpkins Associate Editor Google Inc. (GOOG) didn't waste any time before weighing in on Microsoft Corporation's (MSFT) takeover bid for Yahoo! Inc. (YHOO). Google officials lashed out against Microsoft's supposed motives yesterday [Monday], and even offered to help Yahoo! rebuff the takeover through a partnership of its own. "While the internet rewards competitive […]
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Money Morning’s Three-Minute Review: How Last Week’s Events Will Shape This Week’s Action
By William Patalon III Executive Editor Money Morning/The Money Map Report I came across an old friend last week. Back in mid-November, just after another rate reduction by Team Bernanke and the U.S. Federal Reserve, I raised the following question in this very column: Where is Paul Volcker when you need him? Last week, I […]
The Six Profit Plays to Consider as “Super Tuesday” Plays Out
By Jennifer Yousfi Managing Editor With Super Tuesday just hours away, the field has narrowed considerably from the last time Money Morning took a look at the Presidential candidates. With the recent end to the campaigns of John Edwards and Rudy Giuliani, what was a wide-open race at the start of the New Year has […]
Chinalco, Alcoa Stun BHP With Surprise Counterpunch, Grabbing a 12% Stake in Takeover Target Rio Tinto
By Jason Simpkins Associate Editor Playing the role of the white knight, Aluminum Corp. of China (ACH) and Alcoa Inc. (AA) on Friday teamed up and took a $14 billion stake in Anglo-Australian miner Rio Tinto Group PLC (RTP), hoping the move will derail BHP Billiton Ltd.’s (BHP) plan to buy Rio and create a […]
It's Super Bowl Weekend and the NFL, NBA, MLB and NASCAR are Going Long With Foreign Forays
By Jason Simpkins Associate Editor The National Football League (NFL) has built an empire on American soil, one so profound that for a single Sunday each year – Super Bowl Sunday – the entire nation holds its collective breath. The NFL can well revel in its domestic dominance. But while it enjoys a decided home […]
Global Investing Roundups
MBIA CEO's Words Rally; MasterCard Rings Up Strong 4Q; Starbucks Scales Back; Home Depot Cuts Jobs; Volcker Edorses Obama; Japan Airline Takes Off; Google Disappoints; Cheers at Anheuser Busch MBIA Inc. (MBI) Chief Executive Officer Gary Dunton had reassuring words for shareholders on a conference call yesterday (Thursday), which addressed the bond insurer's $2.3 billion […]
Global Investing Roundups
EU Brings Fat Up-Front; Citigroup Swaps for Nikko Cordial; Merrill Bails on Future CDOs; Foreign Sales Help Merck; UBS Writes Down $18 Billion in 2007; Honda Profit Rolls Over Expectations; U.S. Employers Add 130,000 Jobs; Google Taps South Korea Market Share In the face of fierce industry pressure from companies such as Nestle SA (PINK:NSRGF), […]
Global Investing Roundups
Airlines Lose to High Fuel; Valero Cuts Back as California Goes Green; Sales Slump for Second Largest Railroad; Excel Snaps Up Quintana; Foreclosures Up 75%; Toshiba Profits Despite Flash Drive Drop; NEC Corp. Takes Quarterly Loss; Countrywide's Quicksand Deepens Northwest Airlines Corp. (NWA), JetBlue Airways Corp. (JBLU) and AirTran Holdings Inc. (AAI) released fourth-quarter earnings […]
Global Investing Roundups
CME Bids for NYMEX; Sears Ousts CEO; Record Year for McDonald's; Countrywide CEO Relinquishes Severance; New Home Sales Plummet; Investors Bancorp Gets a Lift From Share Buyback; Citigroup to Team Up with Central China Securities; American Express Hits 4Q Bump CME Group Inc. (CME), the result of a July merger between the Chicago Mercantile Exchange […]
How Dividend-Paying Stocks Can Help You Tame the Bear
By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Many investors are so scared by the wild gyrations the stock market has seen of late that they've jettisoned everything – including the kitchen sink – in their search for safety. Not only is this a massive mistake from a timing standpoint, it's also a […]