Financials being hit by the credit crunch isn’t news. The fact that the Federal Deposit Insurance Corp (FDIC) is expecting more failures within the sector is. Read More
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The stock markets are showing signs of strain, with gains being wiped out across the board. But even as the broader averages show signs of cracking, commodity prices have continued to rise, despite concerns that demand could fall if economic problems spread. Read More
Watching the stock market fall doesn’t have to be a disheartening experience. In fact, investors can profit from sinking stocks almost as easily as in a rising market using a technique known as short selling. Read More
History shows that initiatives to regulate the US financial system, though well intentioned, typically originate in the wake of market meltdowns. Read More
US stocks climbed into the green today, as healthy earnings reports from Boeing (NYSE: BA) and Philip Morris International (NYSE: PM) reminded investors that an uptick in overseas demand could help some companies weather the economic slowdown. Read More
The three major US stock indexes slid into the red today, failing to shrug off disappointing earnings reports Texas Instruments (NYSE: TXN) and UnitedHealth Group (NYSE: UNH). Read More
In a favorite Walt Disney classic, “Lady and the Tramp,” dogs from two entirely different worlds work to transform one another to deal with their various fates. Read More
US stocked finished the day mixed, as Bank of America (NYSE: BOA) announced disappointing quarterly earnings in the wake of additional credit losses. Read More
US stocks surged into the green, as Google (NSDQ: GOOG) and Caterpillar (NYSE: CAT) announced strong quarterly earnings. Citigroup (NYSE: C) reported a loss of $1.02 a share in the wake of massive asset write-downs; however, these losses were less than many analysts had expected, and investors responded positively to the company’s aggressive write-downs. Read More
We just attended a meeting and series of presentations hosted by Linn Energy’s (NSDQ: LINE) senior management. Future publications will feature a complete rundown of the proceedings, but in the interim, we’ll address some key developments on the partnership’s financial and business fronts. Read More