The most recent product safety issues to hit the newsstands--lead paint and small magnets have been found on China-made toys from Mattel, as well as contaminated toothpaste from China in hotels worldwide... Read More
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Last year, we covered several foreign and domestic utilities that we felt would enjoy long-term growth no matter how the economic situation developed. Read More
There probably isn’t a more gut-wrenching feeling than checking your brokerage statement and finding that you’ve become $20,000 poorer almost overnight. On August 15, a lot of people out there found themselves in that position–or worse–after the bottom seemed to have fallen out of the market over the previous two… Read More
Embattled Thornburg Mortgage (NYSE: TMA) held a mid-quarter update conference call this morning to let investors know what actions they’ve taken to weather the current storm. Chief Operating Officer Larry Goldstone’s presentation was reassuring and reiterated the fact that management does have a plan and is willing to take whatever steps are necessary to survive... Read More
Embattled Thornburg Mortgage (NYSE: TMA) held a mid-quarter update conference call this morning to let investors know what actions they’ve taken to weather the current storm. Chief Operating Officer Larry Goldstone’s presentation was reassuring and reiterated the fact that management does have a plan and is willing to take whatever steps are necessary to survive... Read More
After a strong start, US stocks ended in a mix amid stronger crude prices. The Dow Jones Industrial Average slipped 16.74 points, or 0.13 percent, to close at 13,291.65; the Nasdaq Composite fell 5.4 points, or 0.21 percent, to close at 2,592.07; and the S&P 500 gained 0.07 of a point, or 0.0 percent, to close at 1,471.56... Read More
US stocks extended early gains throughout the day following Federal Reserve Chief Ben Bernanke’s speech in Berlin, which didn’t address a much anticipated rate cut. The Dow Jones Industrial Average gained 180.54 points, or 1.38 percent, to close at 13,308.39; the Nasdaq Composite rose 38.36 points, or 1.5 percent, to close at 2,597.47; and the S&P 500 climbed 19.79 points, or 1.36 percent, to close at 1,471.49... Read More
After an opening bell rally, US stocks ended in a mix. The Dow Jones Industrial Average climbed 14.47 points, or 0.11 percent, to close at 13,127.85; the Nasdaq Composite lost 6.59 points, or 0.26 percent, to close at 2,559.11; and the S&P 500 fell 1.85 points, or 0.13 percent, to close at 1,451.70... Read More
US stocks fell on news that employers cut approximately 4,000 jobs in August, the Labor Dept’s weakest report in four years. Read More
Positive economic data and stronger-than-forecast retail sales boosted US stocks. The Dow Jones Industrial Average gained... Read More