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  • June 25, 2008

Nibbler Thornburg Mortgage (NYSE: TMA) held a conference call outlining the company’s current balance sheet position, its potential prospects going forward and the status of the tender offer for preferred shares--needless to say, there was little good news. Read More

  • June 25, 2008

The three major US stock indexes returned to the green, after the Federal Open Market Committee announced its intention to hold interest rates for the time being, while acknowledging the risk of inflation Read More

  • June 24, 2008

The three major US stock indexes finished the day slightly lower after light trading. Investor sentiment took a hit earlier today when United Parcel Service (NYSE: UPS) announced that a weaker US economy and higher fuel costs had cut into its earnings expectations for the second quarter. Read More

  • June 23, 2008

I don’t take my job of picking stocks, bonds and funds lightly. But to hear some of my subscribers tell it, you’d think sometimes I’d grabbed some darts and tossed them at the stock tables in the papers. Read More

  • June 23, 2008

With falling share prices in the financial sector once again weighing on the markets, the three major US stock indexes ended mixed, struggling to regain any of the ground lost on Friday. Higher oil prices likewise dampened investor sentiment. Read More

  • June 20, 2008

US stocks plummeted today, as higher oil prices once again cut into share prices of consumer and transportation companies. The financial sector also pummeled investor sentiment, with analysts from Merrill Lynch (NYSE: MER) reducing earnings estimates for several banks. Read More

  • June 19, 2008

US stocks found themselves in greener pastures today, as lower oil costs buttressed consumer and transportation companies’ share prices. Meanwhile, embattled regional bank BB&T unexpectedly announced a dividend increase, further buoying investor sentiment.. Read More

  • June 18, 2008

This morning FedEx (NYSE: FDX) announced a fourth-quarter loss before the bell even sounded, setting the tone for a trading session that saw US stocks sink into the red. Read More

  • June 17, 2008

Banks aren’t fixed. And for anybody who’s excited about backing up the truck in the hopes of cashing in on a recovery and rebound in regional and local banks in the US, I hope you have a lot of extra cash in your portfolio. It doesn’t look good, and the troubles are far from fully revealed to the public, let alone addressed and fixed Read More