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  • November 28, 2007

At an investment conference yesterday, Thornburg Mortgage COO Larry Goldstone told analysts that the company hopes to reinstate its dividend in December. The company’s liquidity position has greatly improved since the August-September time frame. Read More

  • November 28, 2007

Now this is what we like to see: US stocks climbed higher for the second trading session in a row on speculation that the Federal Reserve will cut interest rates in the coming weeks, breathing life back into the financial sector. Read More

  • November 27, 2007

The US stock market can thank Citigroup Inc. for its big gains today. The company received $7.5 billion from the Abu Dhabi Investment Authority as it considers cutting jobs and slicing the value of debt securities on its balance sheets, which boosted investors’ outlook on the beleaguered financial sector. Read More

  • November 26, 2007

Before this mornings opening bell, US Shipping Partners (NYSE: USS) announced that despite all of the unwarranted speculation about the status of its dividend, the fourth quarter payment will be made in full. The company also anticipates having sufficient liquidity to maintain the same 45 cent dividend through 2008, even if that means suspending payments on the General Partners subordinated units. Read More

  • November 26, 2007

Despite strong post-Thanksgiving retail spending, the market wasn’t spreading much holiday cheer in today’s trading session. US stocks tumbled as subprime woes continued to plague investor sentiment. Read More

  • November 21, 2007

US Shipping Partners LP (NYSE: USS) has continued falling despite no recent news. We still believe that this is a reaction to the $2 million loss in the third quarter, and people are bailing out in down markets.  Read More

  • November 21, 2007

This section was last updated Wednesday, Nov. 21, 2007, at 4:35 pm.The market was not in a giving mood Wednesday ahead of the Thanksgiving holiday, as concerns regarding home loans and the weakening dollar set in midday and failed to let up. Read More

  • November 20, 2007

After trading higher earlier in the day, US stocks took a turn into negative territory following a Federal Reserve forecast indicating sluggish economic growth for 2008 and then rallied to close back in black on speculation of an emergency interest-rate cut. Read More

  • November 19, 2007

This year some of the best stocks, bonds and funds that pay us piles of cash have seen some trying times. And whether it’s some of the best well-run bond funds made up of very well-performing and paying bonds or some of the big dividend payers in a variety of industries, it seems that if the investment pays any decent yield, the market has been eager to dump it. Read More

  • November 19, 2007

After Goldman Sachs downgraded Citigroup Inc following an increase in credit-related flops at the banking behemoth, US stocks tumbled. Forecasts for a slowdown in holiday retail sales also added to the negative sentiment in the markets today. Read More