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Wednesday, July 30, 2008

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Dutton Associates updates its coverage of TZ Ltd. (ASX: TZL) maintaining a Strong Speculative Buy rating and a $9.20 target price. The 12-page report by Dutton senior analyst Paul J. Resnik, CFA is available at www.duttonassociates.com as well as ...


BullMarket.com (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a report onoil service stocks, including Halliburton(NYSE: HAL ...



Tuesday, July 29, 2008

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SEOUL -- Pressures emerged on the cellphone and flat-panel businesses at Samsung Electronics Co. during the second quarter, the units that have delivered healthy profits for the past year when the company's chip business slumped. The development ...



Monday, July 28, 2008

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NEW YORK, July 27 (Reuters) - Storied private equity firm Kohlberg Kravis Roberts & Co [KKR.UL] plans to list on the New York Stock Exchange later this year in a complicated transaction that involves buying its publicly listed Amsterdam investment ...


Battles over water rights for survival and economic growth were dramatically depicted in the films " Chinatown " about Los Angeles and "The Milagro Beanfield War" about the American Southwest. The present-day story unfolding over water's future may ...



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Recommended (6) Financial Institutions Bank on Latinos Phishing Fall-Out THE KID STAYS IN THE PICTURE The New Giant On The Block Luck Of The Wary Who Is the Superclass? With many banks still reporting massive writedowns and even quarterly losses from ...


Since April, the Government has allowed customers to transfer money saved in cash Isas (individual savings accounts) to the stocks and shares version for the first time.



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LONDON (Thomson Financial) - The euro was stronger against the dollar despite weaker-than-expected German consumer confidence data as investors continued to remain jittery about the U.S. finance sector. The U.S. government announced after market ...



Sunday, July 27, 2008

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After 25 years as a reporter and editor with a steady paycheck, I recently left the Hattiesburg American for the wild and unpredictable world of full-time freelancing. When you run a home-based business or do freelance work, you are often waiting for ...



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I wonder how many of you would remember those days when neighbourhood grocery stores would promise "home delivery" to attract customers. All one had to do was to call up the store and read out the shopping list and the goods would reach home in a ...



Saturday, July 26, 2008

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NEW YORK With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally. But amid the many gyrations in the sector's stocks during the past ...


NEW YORK (AP) _ With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally. But, amid the many gyrations in the sector's stocks over ...



Thursday, July 24, 2008

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TOKYO, July 23 (Reuters) - The dollar stayed firm on Wednesday, holding much of the ground gained against the euro and yen the previous day on a verbal lift from top U.S. officials and a sharp $4 slide in the price of crude oil. The dollar made ...



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SAN DIEGO Qualcomm, the world's largest maker of chips that run cell phones, issued revised earning estimates Thursday that fall short of Wall Street targets. Qualcomm said earnings per share, excluding stock-based compensation and other charges ...


MADRID, July 24 (Reuters) - Spain's number three bank Banco Popular posted better-than-expected results on Thursday but its exposure to property companies in crisis doubled its bad-loan rate, sending its shares sliding about 7 percent. Popular, one ...



Wednesday, July 23, 2008

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Jul 23rd, 2008 | WASHINGTON -- President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The House was expected to vote on the bill Wednesday, and it ...



Tuesday, July 22, 2008

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COMMONWEALTH Bank of Australia says it has entered exclusive talks to acquire the local arm of investment bank ABN Amro. CBA was already widely speculated to be interested in ABN Amro Australia Holdings, while last night National Australia Bank ...


July 21 (Bloomberg) -- German stocks rose for a fourth day, led by financial companies, after Bank of America Corp. reported a lower-than-estimated drop in earnings. Deutsche Bank AG advanced to the highest in almost a month and Commerzbank AG ...



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TAIPEI (XFN-ASIA) - Share prices closed sharply higher in a broad rally, with the benchmark index regaining the 7,000-points level, as worries eased over the financial sector and oil prices fell sharply last week. The financial sector index surged ...



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CardioNet, Inc. BEAT , a leading wireless medical technology company with an initial focus on the diagnosis and monitoring of cardiac arrhythmias, announced an underwritten public offering of 4,664,102 shares of common stock by certain of CardioNet ...



Monday, July 21, 2008

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A surprise takeover bid this week between two German auto suppliers -- with powerhouse Continental AG as the target and the much smaller Schaeffler Group as the buyer -- has all the makings of the next corporate battle, one that stands to ripple ...



Sunday, July 20, 2008

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NEW YORK (AP) _ Treasury prices fell sharply Thursday as several upbeat earnings reports, falling energy prices and an unexpected jump in housing starts alleviated some of investors' concerns about the economy. The news lured investors back into ...



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As the world faces the incontrovertible truth of climate change, so politicians search for ways of protecting sources of water. In the UK, people could be forgiven for wondering why this is such a big issue in a country which is, after all ...


Two City banks will try to offload as much as 3.6 billion of unwanted HBOS shares today on to a highly nervous London stock market in one of the biggest tests of sentiment towards the banking sector. Morgan Stanley and Dresdner Kleinwort, the lead ...



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July 18 (Bloomberg) -- European bonds fell, pushing the 10- year yield to a two-week high, as German producer-price inflation accelerated to the fastest pace in 26 years and Citigroup Inc. 's second-quarter loss was less than estimated. The yield on ...


A surprise takeover bid this week between two German auto suppliers -- with powerhouse Continental AG as the target and the much smaller Schaeffler Group as the buyer -- has all the makings of the next corporate battle, one that stands to ripple ...



Saturday, July 19, 2008

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TRENTON, N.J. -- Teva Pharmaceutical said Friday that it would buy rival generic drug maker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drug maker. The deal continues ...


The most common, and most ignored, piece of investment advice ever? Buy low, of course. We know this to be true because there was a stunning $70-billion sitting in safe but low-paying money market funds at midyear, almost 45 per cent more than in the ...



Friday, July 18, 2008

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LONDON, July 18 (Reuters) - European shares ended sharply higher on Friday after better-than-expected earnings from U.S. bank Citigroup (C.N: Quote , Profile , Research , Stock Buzz ) spurred a rally in financial stocks. The FTSEurofirst 300 index ...


July 18 (Bloomberg) -- Brazilian stocks fell for a second day, led by retailers and homebuilders, on speculation the central bank may keep raising interest rates to tame inflation. Rossi Residencial SA and Gafisa SA paced a decline in homebuilders ...



Thursday, July 17, 2008

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July 18 (Bloomberg) -- U.S. stocks rallied, sending the Dow Jones Industrial Average to its best two-day gain in eight months, after JPMorgan Chase & Co.'s profit topped estimates and falling oil prices sparked an advance in consumer shares. Oil fell ...



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NEW YORK, July 17 (Reuters) - U.S. Treasuries prices fell on Thursday for the second straight day as investors turned away from lower-risk debt to buy stocks amid better-than-expected bank earnings and falling oil prices. J.P. Morgan on Thursday ...


"As long as oil is above $100, wind stocks will work," Jim Cramer said on CNBC's "Stop Trading!" segment on Thursday. Cramer suggests that the best way to play this sector is with Quanta Services PWR because, he said, it will get the largest share of ...



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NEW YORK (Reuters) - Global stocks climbed for a second day Thursday as strong earnings at JPMorgan Chase (nyse: JPM - news - people ) lifted banking shares and a decline in crude oil overshadowed weak economic data and recent fears of rising ...


July 17 (Bloomberg) -- France's CAC 40 Index rallied 113.54, or 2.8 percent, to 4,225.99 in Paris, the biggest gain since April 1. The SBF 120 Index increased 3 percent to 3,057.52. The following shares climbed or fell in the local market. Stock ...



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Wednesday, July 16, 2008

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July 17 (Bloomberg) -- Time Warner Inc. may struggle to clinch an agreement to sell AOL to Microsoft Corp. by Aug. 1, when the world's biggest software company's fight to acquire Yahoo! Inc. comes to a head. Microsoft is more interested in getting ...



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WASHINGTON (AP) _ Investors get another reading on inflation today, this time for consumers, and the Federal Reserve reports on industrial production. Meanwhile, Federal Reserve Chairman Ben Bernanke testifies for a second day before Congress amid a ...


The buying spree by Cleveland-Cliffs continued Wednesday with a nearly $10 billion acquisition of Alpha Natural Resources, broadening the one-time Midwest company's international reach as well as its exposure to a global steel industry clamoring to ...



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Resize NEW YORK (Reuters) - Investors unloaded shares of Fannie Mae and Freddie Mac on Tuesday for fear a government rescue plan for the troubled mortgage finance giants could hurt shareholders, sending them sharply lower. Fresh credit concerns also ...


Wall Street recouped its steep early losses and traded mixed Tuesday as oil dropped by more than $7 a barrel, giving investors hope that lower energy prices could help revive the flagging economy. Fears of escalating instability in the financial ...



Tuesday, July 15, 2008

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NEW YORK (Reuters) - Stocks fell on Tuesday on concerns about the health of the banking system and after Federal Reserve Chairman Ben Bernanke said financial markets were under "considerable stress." But a sharp drop in oil prices provided some ...


July 15 (Bloomberg) -- Emerging-market stocks fell, sending the benchmark index to its biggest decline in four months, as waning investor confidence in the U.S. rescue plan for Fannie Mae and Freddie Mac and widening credit losses added to concerns ...



Monday, July 14, 2008

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NEW YORK (Reuters) - Waste Management Inc (nyse: WMI - news - people ) Monday offered to buy Republic Services Inc (nyse: RSG - news - people ) for about $6.19 billion, potentially derailing the smaller competitor's deal to acquire Allied Waste ...


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CALGARY, ALBERTA--(Marketwire - July 14, 2008) - Duvernay Oil Corp. (TSX:DDV) ("Duvernay") announced today that it has entered into a definitive agreement (the "Agreement") pursuant to which Shell Canada Limited ("Shell Canada") will make an all-cash ...


July 14 (Bloomberg) -- India's Sensitive Index fell for a third day, led by Ranbaxy Laboratories Ltd ., the country's biggest drugmaker, after the U.S. government announced a probe of allegations the company failed to meet quality regulations ...



Friday, July 11, 2008

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UPDATE: 4:50. The iPhone 3G launched Friday around the world -. and promptly ran into problems. But the technical issues appear to have been corrected. Old iPhones work again. New iPhones are being activated. The blogosphere, as you might expect ...


Dow Chemical DOW agreed to buy fellow chemicals producer Rohm & Haas ROH in a deal worth nearly $19 billion, including debt. The overall value of the $78-a-share acquisition exceeds the amount Dow paid nine years ago for Union Carbide and will extend ...



Thursday, July 10, 2008

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NEW DELHI (Reuters) - India's main stock index turned negative early on Friday as bellwether Infosys Technologies Ltd fell after starting 3 percent higher. At 10:05 a.m., the 30-share BSE index was down 0.3 percent at 13,884.51, with 13 of its ...


HONG KONG (Thomson Financial) - Hong Kong shares ended the morning higher on Friday, extending the market's two-day advance into a third, with the session's gains led by a rally in Aluminum Corp. of China (Chalco) following reports of production cuts ...



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Wednesday, July 9, 2008

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July 9 (Bloomberg) -- German stocks rose for a second day this week, led by banks, as investors speculated the worst of the credit crisis may be over. Hypo Real Estate Holding AG, the country's second-largest commercial-property lender, and Deutsche ...


TOKYO/WELLINGTON, July 9 (Reuters) - Seeking to be one of the world's first to grab the new-generation iPhone, fanatical Apple (AAPL.O: Quote , Profile , Research , Stock Buzz ) fans around Asia are queuing up two days before its launch ...



Tuesday, July 8, 2008

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SAN FRANCISCO - Microsoft Corp. threw its weight behind investor Carl C. Icahn's effort to oust Yahoo Inc. 's board next month, saying yesterday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or ...



Monday, July 7, 2008

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HONG KONG, July 8 (Reuters) - Asian stocks fell on Tuesday, weighed by the financial sector after sharp declines in shares of Fannie Mae (FNM.N: Quote , Profile , Research ) and Freddie Mac (FRE.N: Quote , Profile , Research ) on funding concerns ...


LONDON, July 8 (Reuters) European stocks were set for hefty falls on Tuesday, financial bookmakers said, tracking steep falls in Asian and U.S. markets as investors worried that the top two U.S. mortgage providers would have to raise even more ...



Sunday, July 6, 2008

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If you'd prefer to invest in something that is practical and looks good, why not put your money into something timeless - a fine watch? At the very top end, a rare Patek Philippe can set you back more than you'd pay for a three-bed detached house in ...


The best-performing sectors of the second quarter included those that benefited from booming commodity prices, while the usual suspects lurked at the bottom of a ranking of 99 Dow Jones-Wilshire 5000 subsectors. The index, which covers more than 98 ...



Friday, July 4, 2008

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Times food writer Nancy Leson has decided it's time to meet her maker or at least the maker of her husband's charcoal grill. Several years ago, I bought my husband, Mac, a fabulous Father's Day gift: a new Weber grill. It's one of those dome-top ...


(AP) Wal-Mart stores in Arizona now stock Grand Canyon sweet onions while aisles in New York display state-grown eggplant, as the world's largest retailer says it has become the United States' largest buyer of locally grown fruits and vegetables. Wal ...



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LONDON, July 3 (Reuters) - European shares fell in midday trading on Thursday after the European Central Bank delivered a widely expected rate rise, although the mood was cautious ahead of the bank's press conference and U.S. employment data. Energy ...


NEW YORK (Reuters) - Shares of health insurer Aetna Inc (AET.N: Quote , Profile , Research , Stock Buzz ) fell 3.2 percent to $38.52 in trading before the opening bell on Thursday, after a report that Goldman Sachs recommended its clients sell the ...



Thursday, July 3, 2008

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DALLAS : Blockbuster Inc. said Tuesday it is withdrawing its proposal to buy Circuit City Stores Inc., the big-box retailer whose sales have tumbled this year. Chief Executive James Keyes said in a written statement that the proposed deal, at a price ...


(AP) Wal-Mart stores in Arizona now stock Grand Canyon sweet onions while aisles in New York display state-grown eggplant, as the world's largest retailer says it has become the United States' largest buyer of locally grown fruits and vegetables. Wal ...



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IVI Communications, Inc. ( IVI ) TTGL recently acquired all of IVI s outstanding Series A and B Preferred Stock (the Preferred Stock ) from the former holders. The Preferred Stock includes the right to vote a majority of IVI s ...


TEN Network Holdings plans to buy back 10 per cent of its issued stock over the next 12 months to boost its share price, which has lost half its value over the past year. Canwest, Ten's majority shareholder, won't take part in the on-market buyback ...



Wednesday, July 2, 2008

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July 3 (Bloomberg) -- Carl Icahn has hit the roughest patch of his hedge-fund career. His $7.9 billion in hedge funds fell 7 percent between October and April, the biggest peak-to-trough loss since the funds opened in November 2004, according to ...



Tuesday, July 1, 2008

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This summer, droves of school-age children will attend summer camp, where they will paddle canoes, play tennis and make crafts from paste and yarn. Others, will go to finance camp, where they will take excursions to a local bank or delve into ...


Wachovia analyst Jonathan Feeney says, given Fortune Brands' ( FO ) new guidance, it looks like sales were slower than he thought, which was "clearly priced in." But he says he did not expect cost pressures from steel and particle board to offset the ...



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NEW YORK (Reuters) - Tumbling European and U.S. banking shares soured equity markets Tuesday as the second half of 2008 started with a heavy aversion to risk spurred by surging oil and inflation fears. Heightened fears of further losses in stocks ...



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July 1 (Bloomberg) -- U.K. real-estate stocks had their worst performance in more than 20 years in the second quarter as property values dropped and rents for new office leases fell for the first time in more than four years. The FTSE-350 Real Estate ...


Q: My stocks' dividend yields vary from less than 1 percent to more than 3 percent. What's a good number? Should I sell the low-yield shares and buy high-yield ones? - H.W., Tucson, Ariz. A: It may seem that the higher the yield, the better, as it ...