It Time to Sell?
MSNBC - Wall Street isn’t snooping around these smaller stocks yet, which creates inefficiencies and pent-up demand. But just so you don’t write me off as a Tom Gardner cheerleader, I’ll let you in on a secret: I use Tom to lead me to undervalued small caps
Wall Street mood sours on inflation report
MSN MoneyCentral - US stocks had a weak start on Friday after news that consumer inflation surged last month, casting doubt over whether the Federal Reserve can lower rates in the future. Less than an hour after the opening bell, the S&P 500 was down 0.8 per cent at
On Wall Street: Sentiment may turn against today’s saviours
MSN MoneyCentral - Turmoil in the global markets leaves a gaping financial hole. A sovereign wealth fund piles in at short notice to fill the gap, ending up with a 10 per cent stake in one of the world’s biggest companies. Sound familiar? Of course it does. But this is
Lehman Among Large Movers on Wall Street
Forbes - The largest U.S. underwriter of mortgage-backed bonds reported a lower fiscal fourth-quarter profit and recorded $3.5 billion in writedowns during the period. Dow Chemical Co., up $2.64 at $44.39 The world’s second largest chemical company will sell
Skirmish Over EPA Role In Greenhouse Gases
CBS News - At least some Wall Street analysts appear to be picking up on such issues. “EPA’s proposal will probably include an ‘endangerment finding’ with an August 2008 target date that would classify CO2 as a pollutant,” wrote Kevin Book, an energy analyst
The Fool’s Look Ahead
MSNBC - Wall Street anticipates Adobe to grow its profits by 45% to $0.48 a share for the quarter. The trend is the software star’s friend. It has beaten analyst estimates in 22 of the past 23 quarters. Tuesday Ideal Buy (NYSE: BBY) talks tech on Tuesday. I recently
Inflation jitters slam Wall Street at open
Washington Post - NEW YORK (Reuters) - Stocks slid at the open on Friday as a stronger-than-expected reading in a gauge of consumer prices fueled uncertainty about prospects for further interest rate cuts by the Federal Reserve. The Dow Jones industrial average (.DJI
Wall Street Set for Losses
Street.Com - Stocks in the U.S. were set to end the week with losses Friday as looming inflationary data and a bailout of structured investment cars by Citigroup ( C - Cramer’s Take - Stockpickr ) spooked investors. Futures on the S&P 500 were down 5.60
New York’s Galas, Undimmed by Wall Street Woes, Reap Donations
Bloomberg - Dec. 14 (Bloomberg) — For Jazz at Lincoln Center’s black- tie benefit, Eartha Kitt, 80, sang her sultry trademark number, “Santa Baby,” to a crowd of 800 who later dined on filet mignon. Dancers swayed past sweeping views of Central Park to music
The New Entitlement
Washington Post - Clinton is fluent in the language of liberalism, aka Victimspeak, so, denouncing “Wall Street,” she states families were “lured into risky mortgages” and “led into bad situations” by those who knew better. So, lenders knew their loans wouldn’t be fully
2 More Staff Departures at White Home
Philadelphia Inquirer - McGurn, a former Wall Street Journal columnist and chief editorial writer, took a low-profile approach to the job he assumed in early 2005. Stanzel stated he would stay on until after Bush’s final Say of the Union address in late January, the White
The Book Wall Street Doesn’t Want You to Read: Author Exposes Flaws in
Forbes - FRISCO, Colo., Dec. 13 /PRNewswire/ — As a top-producing Wall Street stockbroker for 20 years at some of its largest firms, Bruce Fleet has had the chance to see everything - the junkets, the incentives, the sales strategies, the product
Wednesday, December 12
News.com.au - US stocks in savage fall STOCKS fell sharply on Wall Street after the US Fed cut interest rates by 25 basis points, disappointing investors who had hoped for a more aggressive rate cut.
Real test ahead for The Wall Street Journal
News.com.au - RUPERT Murdoch could take until the end of 2010 to show he was right to pay $US5.2 billion ($A5.9 billion) for Dow Jones after clearing the final hurdle yesterday to buy the company. By that time, analysts say, Mr Murdoch’s News Corp should be able
Inflation worries rattle Wall Street
News.com.au - The Dow Jones Industrial Average tumbled 135.46 points or 1.35 per cent to 13,335.46 at the closing bell in a volatile session. The Nasdaq composite shed 32.35 points or 1.21 per cent to 2,636.14 and the Standard & Poor’s 500 broad-market index
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