Drop-Off In Driving To Undercut Economy
Americans drove 12.2 billion miles less in June than they did in the same month a year ago. That is a drop of almost 5%. The fall-off in activity is likely to help gas…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 156Greenspan Versus Foreclosure Rates
Alan Greenspan was over at The Wall Street Journal playing his wise old man act. He is ancient, but he may also be dumb. Greenspan made the point that housing should bottom in the…
As Europe Drives In Reverse, Pressure On Central Banks Grows
No one was surprised when German and France said their GDP growths were negative in the last quarter, by .2%, although the term "negative growth" does not seem to be proper English. With the…
Barnes & Noble (BGP) Says No To Borders (BGP) Acquisition — Will The Last Person Please Get The Lights On The Way Out?
In a rare sign of sanity in the executive suites of corporate America, it looks like one potential deal that had been the subject of wide speculation will not be happening The Wall Street…
Toll Brothers (TOL) CEO Sees Housing Recovery — Who Cares What He Thinks?
Struggling upscale homebuilder Toll Brothers (TOL) saw its homebuilding revenue fall 34% for the third quarter, but CEO Robert Toll is sounding an optimistic note, telling shareholders that "Although the rate of cancellations as…
Media Digest 8/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Greenspan says the housing market should bottom in 2009. Reuters writes that US auto makers are scrambling to make more fuel-efficient cars. Reuters reports that the SEC is close to a…
Asia Markets 8/14/2008 (TM)
Markets in Asia were The Nikkei fell .5% to 12,957. Canon was down 1% to 5160.Toyota (TM) dropped 1.6 to 4880. The Hang Seng slipping 1.6. Data from Reuters Douglas A. McIntyre
U.S. Inflation Versus E.U. Recession
Thursday is going to be a key economic event day for traders who trade just about everything. You could almost consider it an Olympic boxing match titled US INFLATION VS. RECESSION" as a catch…
52-Week Low Club (CCJ, CPN, CECE, CROX, GGP, TWB)
As the markets went back to triple-digit losses, there were many more new stocks (and repeat performers) on the 52-week low club today. Many of these look just like an explosion in a city…
IPO FILING: Changing World Technologies
Changing World Technologies Inc. filed yesterday for an initial public offering. While a share count and price range are not indicated, the filing is for up to $100 million in securities. A ticker signal…
Insurers Sell Risk Management Via Verisk IPO (HIG, TRV, CNA, AFG, AIG, ACE)
A company called Verisk Analytics Inc. has filed to come public via an initial public offering in a securities sale of up to $750 million worth of class A common stock. The company did…
Cramer with Google’s Eric Schmidt… $750 (GOOG, MSFT
On today’s Olympic-shortened MAD MONEY break now at 1:30 PM on CNBC, Jim Cramer interviewed Eric Schmidt, Chairman & CEO of Google Inc. (NASDAQ: GOOG). Cramer said that in July it got hit over…
GM and the Moody’s Gorilla, Round 16 (GM, F)
If you believe that the bond rating agencies either matter or still offer any relevance in the post-meltdown (or is it mid-meltdown?) world, then you can see they are at it again. Moody’s has…
Energy Watch Part I: Alternative Energy’s Biggest Losers (HYDG, NBF, BIOF, PEIX, XNL)
We have been reviewing which publicly traded energy companies have lost the most value in the past year, and we are breaking these down by sector and by sub-sector. While composing this list is…
Wednesday’s Day Trader Alerts (NVDA, LVLT, CSIQ, CREE)
This morning over at VSinvestor we identified several key stocks that the more active and day trading crowds will want to watch. Canadian Solar (NASDAQ: CSIQ) under major pressure after earnings Cree Inc. (NASDAQ:…