Global Investing Roundup Bank Profits Fall but Shares Still Rise; Rosneft Drains Yukos; Emmar on the Move; Slim ASML Profit Earnings reports from JPMorgan Chase & Co. (JPM) Wells Fargo & Co. (WFC) weren’t as bad as investors’ estimated, Bloomberg reported, causing both companies’ shares to post gains yesterday (Wednesday). JPMorgan’s profits fell 34% to […]
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Global Investing Roundup
Tesco Gets a Boost From Global Business; AgFeed Buys the Farm; Marshall & Ilsley Banks a Profit; Hypo Shares Down a Third Tesco PLC (TSCD), the largest retailer in Britain, bucked the recent trend of poor sales among U.K. retailers when it announced its holiday sales results, AFP reported. Sales were up 12.8% overall for […]
Global Investing Roundup
China Mobile Hangs Up on Apple; United Arab Emirates Go Nuclear; LG Phillips Posts Crystal-Clear Profits; M&T Bank 4Q Earnings Dive 70%. China Mobile Ltd. (CHL) and Apple Inc. (AAPL) have ended talks about a possible partnership to sell the popular Apple iPhone in China. Apple had hoped to take advantage of China Mobile’s 350 […]
Outlook 2008: Three Ways to Profit From A Takeover Market That's Alive and Well
Editor's Note: This is the 13th Installment of an Ongoing Series Highlighting the Global Investing Outlook for 2008. Elvis might be dead. But the mergers and acquisitions (M&A) boom certainly is not. While it's an admittedly Contrarian stance, I'm convinced the deal-making environment will be even better in 2008 than it was in 2007. That's […]
Going Green & Going Global: The Future of the Automotive Industry
By Jason Simpkins Associate Editor The automotive industry is one of the most competitive in the world. It's so competitive that the Ford Motor Co. (F), founded in 1903 by Henry Ford the legendary pioneer, innovator, and father of the assembly line, has fallen all the way to the third spot in U.S. auto sales. […]
Global Investing Roundup
Tele Norte and Brasil Telecom Takeover Talks Heat Up; Signet Holiday Sales Slump; Tata Launches $2,500 Car; High Ratings Can't Save CanWest Profits Brazilian telephone company Tele Norte Leste Participacoes (TNE), also known as Oi, said that its talks to buy rival Brasil Telecom Participacoes (BRP) have intensified. It was reported Thursday by two Brazilian […]
Global Investing Roundup
MGM and Dubai Plan Share Buyback; Marks and Spencer Suffers Weak Shopping Season; Microsoft Makes Bid For Fast Search and Transfer; Alcoa Trumps 4Q Estimates MGM Mirage (MGM) announced yesterday (Wednesday) that is launching a joint tender offer with Dubai World to repurchase up to 10 million shares of MGM Mirage common stock priced between […]
Global Investing Roundup
Yangtze Power Achieves Record Profits on Strength of Three Gorges Project; Ford Increases Indian Investment; China Eastern Shareholders Defy Government Approval of Asset Share; Hochschild’s 2008 Outlook and Mining Operations Devalued China Yangtze Power Co. Ltd. reported yesterday (Tuesday) that third quarter profits rose 7% in 2007. The company, which operates the world’s largest hydroelectric […]
Outlook 2008: Alternative Energy Companies Will Power "Green" Profits in the New Year
Editor's Note: This is the Seventh Installment of an Ongoing Series Highlighting the Global Investing Outlook for 2008 If "green" investors want to succeed in the New Year, there's really only one thing to remember: In 2008, alternative energy is an alternative no longer. The world's effort to rescue the earth from years of pollution […]
Election 2008: Which Republican Candidates Will Be Best For Investor Profits
The Second Article in a Two-Part Series on the Economic Policies of the Presidential Candidates From Both Parties. Last Story: The Democrats. By Martin Hutchinson Contributing Editor With the Iowa caucuses set for tonight (Thursday), it's worthwhile for investors to consider which politicians might make your life easier, and who might make a grab for […]