Someone needs to take advantage of the collapse in retail real estate values. The prices for many locations are too good to be true.Best Buy (BBY) says it may get ... Read Full Story »
By John Tamny RealClearMarketsLast October, this column addressed the notion of trickle-down economics. The aforementioned concept has to do with the basic belief that the economic gains made by the ... Read Full Story »
These are some of the top pre-market analyst downgrades and cautious calls we are seeing this Thursday morning:Affymetrix (AFFX) Cut to Underweight at JPMorgan.Air Products (APD) Cut to Neutral at ... Read Full Story »
These are some of the top per-market analyst upgrades and positive calls we are seeing from Wall Street this Thursday morning:Best Buy (BBY) Raised to Overweight at Barclays.Chubb (CB) Raised ... Read Full Story »
Ford (F) says it does not need any TARP money. Its fourth quarter earnings have to make Wall St. and Congress question that.The No.2 US car company reported a fourth ... Read Full Story »
Watching the land grab for TARP money becomes more entertaining every day.Now Hertz (HTZ) and Avis (CAR) want money to buy Ford (F) and GM (GM) cars.The plan makes a ... Read Full Story »
After months of false starts, OPEC claims it is ready to drop production far enough to pull more money out of the pockets of the oil-consuming nations.The cartel has been ... Read Full Story »
The US car market does not need more companies competing for a shrinking pie. Ideally, it should have less. Ford (F) may inadvertently be letting China into the American race ... Read Full Story »
When China's Lazarus, Deng Xiaoping, finally became the absolute leader of the world's most populated nation in 1978, the country began its evolution from being an evil empire to becoming ... Read Full Story »
In reference to your article yesterday perhaps you could correct the point about Lord Levene who is the Chairman of Lloyds of London (insurance) and not Lloyds TSB which you ... Read Full Story »
According to Reuters, Nasdaq will turn to Asia for much of its future growthReuters reports that the new bank bailout could cost as much as $2 trillion.Reuters writes that the ... Read Full Story »
Markets in Asia were mostly higher.The Nikkei rose 1.8% to 8,251.The Hang Seng was up 4.7% to 13,164.At the open in Europe, the FTSE was down .8% to 4,260, The ... Read Full Story »
The US economy lost 2.4 million jobs in the last four months of 2008. At the current rate of layoffs, another one million will be lost this month. The unemployment ... Read Full Story »
Starbucks (SBUX) posted bad earnings for last quarter. Over the last 2 years Starbucks expanded extensively, refusing to recognize that there was a limit to the number of people who ... Read Full Story »
Robert Rubin, former Goldman Sachs (GS) chief, Treasury chief, and lead director at Citigroup (C) should have been flying to Washington once a week last year. He could have thundered ... Read Full Story »