Markets:

DJIA +410.971.30%

NASDAQ +20.490.16%

S&P +30.080.78%

Featured Stocks:

SQ +0.23% 216.93

TLT 0.33% 138.45

ADBE 0.65% 437.97

PBR -2.96% 7.53

Bob Blandeburgo

Article Index

Banks Satisfied On FDIC Decision, but Will They Still Lend?

By Bob Blandeburgo, Associate Editor, Money Morning - September 29, 2009

U.S. banks yesterday (Tuesday) got what they wanted by avoiding another special assessment from the Federal Deposit Insurance Corp. (FDIC). However, the FDIC's mandate that all banks prepay their regular assessments through 2012 to replenish its near-zero fund will likely put further strain on banks' ability to lend, and force the FDIC to take further […]

FDIC Weighing Unappealing Options for Fund Replenishment

By Bob Blandeburgo, Associate Editor, Money Morning - September 28, 2009

When the Federal Deposit Insurance Corporation's (FDIC) board meets today (Tuesday), it will be faced with some tough questions about how it will replenish its still-shrinking fund in the wake of mounting bank failures. The FDIC has seen its fund that protects more than $4.5 trillion in bank deposits shrink to just $10.4 billion from […]

The No. 1 Way to Profit When Silver Upstages Gold

By Bob Blandeburgo, Associate Editor, Money Morning - September 28, 2009

While prices of gold don’t necessarily affect silver prices or vice versa, history has demonstrated that when gold rises or falls, silver usually follows suit. This time around, silver has failed to match the gains that gold posted in recent months, spawning a widespread believe that silver is poised for a bull run. Such factors […]

Unilever Buys Sara Lee Arm for $1.9 Billion as Part of Emerging Market Expansion

By Bob Blandeburgo, Associate Editor, Money Morning - September 27, 2009

Anglo-Dutch Unilever PLC/AG (NYSE ADR: UL, UN) on Friday made an aggressive play to expand its brand portfolio by purchasing the personal care arm of U.S.-based Sara Lee Corp. (NYSE: SLE). Unilever will pay $1.87 billion (1.28 billion euros) in cash for the business, which includes brands like Sanex and Radox. The acquisition is expected […]

Research In Motion Shares Nosedive After Missed Sales, Earnings

By Bob Blandeburgo, Associate Editor, Money Morning - September 25, 2009

Shares of BlackBerry maker Research In Motion Ltd. (Nasdaq: RIMM) plummeted in after hours trading yesterday (Thursday) after the company missed Wall Street’s earnings and sales expectations. For its second quarter ended August 29, RIM reported net income of $475.6 million, or 83 cents per share on revenue of $3.53 billion. That compares to a net […]

Dell Looks to Services in Perot Acquisition to Pick Up Slack for Slow PC Sales

By Bob Blandeburgo, Associate Editor, Money Morning - September 21, 2009

Dell Inc.'s (Nasdaq: DELL) agreement to buy information technology service provider Perot Systems Corp. (NYSE: PER) yesterday (Monday) signals a sign of the times as computer makers branch out from their core businesses into the lucrative services sector. The acquisition, which is valued at $3.9 billion, or $30 per share, represents a 68% premium to […]

"New Reality" For Newspaper Publishers Forces Search for New Revenue Streams to Tap Into

By Bob Blandeburgo, Associate Editor, Money Morning - September 21, 2009

As traditional print media continues its steep declines in advertising sales and circulation, publishers are struggling to come up with new and creative ways to generate revenue. Ad revenues in the newspaper industry plunged 16.7% last year to $37.8 million, according to the Newspaper Association of America (NAA). The 2009 take is estimated to fall […]

American Airlines Parent Raises $2.9 Billion in Capital for a Possible Acquisition

By Bob Blandeburgo, Associate Editor, Money Morning - September 17, 2009

Shares of American Airlines Inc. parent AMR Corp. (NYSE: AMR) soared as high as 23.7% in early morning trading today (Thursday) after the company announced it raised $2.9 billion in liquidity to hunker down for the typically slow winter travel season and possibly acquire a majority stake in a Japanese airline. The new liquidity includes […]

Chrysler CEO Gearing Up to Reveal Five-Year Plan That May Include Roads Into China

By Bob Blandeburgo, Associate Editor, Money Morning - September 16, 2009

Chrysler Group LLC Chief Executive Officer Sergio Marchionne has designed a five-year plan that outlines the path to recovery after the automaker was forced into bankruptcy earlier this year, he said yesterday (Wednesday). A recent report showed this path may lead to China, which has supplanted the United States as the world's largest auto market. […]

Bank Failures Could Surge as Commercial Real Estate Losses Continue to Mount

By Bob Blandeburgo, Associate Editor, Money Morning - September 16, 2009

The dark cloud of commercial real estate loan defaults is inching closer, threatening to shutter more banks, even as the U.S. Federal Reserve declares the recession to be over. Commercial property values in the U.S. have plummeted 36% since peaking in 2007, and the commercial real estate market is unlikely to recover before 2012, according […]

Hot Stocks: Motorola Throws Hat Into Smartphone Ring

By Bob Blandeburgo, Associate Editor, Money Morning - September 15, 2009

Motorola Inc. (NYSE: MOT) last Thursday charmed investors when it revealed its Cliq smartphone, which will compete head on with Apple Inc.'s (Nasdaq: AAPL) iPhone and Research in Motion Ltd.'s Blackberry. Motorola's stock is up nearly 12% since the announcement, as investors are hoping the new phone will be enough to win back some of […]

China Exports Drop, but Production Rises on Domestic Demand

By Bob Blandeburgo, Associate Editor, Money Morning - September 12, 2009

August exports in China plummeted 23.4% from a year earlier as the global economic crisis continued to take its toll on developed countries. However, industrial production in the Red Dragon still managed to grow, indicating the best is yet to come for the world's third largest economy. Boosted by a $586 billion (4 trillion yuan) […]

Oil Prices Gaining Momentum as OPEC Keeps a Lid on Production

By Bob Blandeburgo, Associate Editor, Money Morning - September 11, 2009

The Organization of the Petroleum Exporting Countries (OPEC) said yesterday (Thursday) that it would keep production quotas at 24.845 million bpd and urge members to adhere to targets, as global demand has yet to return in full. However, a report from the International Energy Agency (IEA) indicated that demand is recovering more quickly than previously […]

Morgan Stanley CEO Steps Down, Will Remain As Chairman

By Bob Blandeburgo, Associate Editor, Money Morning - September 11, 2009

Morgan Stanley (NYSE: MS) Chief Executive Officer John Mack will step down and be replaced by Co-President James Gorman, who has been running the company’s brokerage and overseeing its merger with Citigroup Inc.’s (NYSE: C) Smith Barney unit. The 64-year-old Mack will remain as Morgan’s Chairman when Gorman, 51, takes over the CEO post on […]

Kraft's Bid for Cadbury Not Sweet Enough

By Bob Blandeburgo, Associate Editor, Money Morning - September 10, 2009

Kraft Foods Inc.'s (NYSE: KFT) $16.7 billion unsolicited takeover attempt of Cadbury PLC (NYSE ADR: CBY) is the latest sign of consolidation in the highly competitive food industry, and will likely lead to two things: A bidding war for Cadbury and further consolidation in the sector. The world's second-largest foodmaker went public with its bid […]

1
2
3
4
5
6