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Archive for June, 2008

Cooling Their Jets

Cooling Their Jets
Aerospace and defense companies have gotten roughed up in the stock market over the past year. Of the 139 public companies in that sector, 62 percent have declined since last June. The presidential campaign casts some uncertainty over things, and takeover fever has cooled, with just $1.6 billion …

Blue Chips Rally; Homebuilders Slide

Stocks rallied, with the Dow posting a triple-digit point gain, helped by an unexpected drop in jobless claims and solid sales reports from some retailers including Wal-Mart.    Read More

Death of stocks? Reports greatly exaggerated

Death of stocks? Reports greatly exaggerated
Bonds will occasionally outperform the stock market in the short run, but over the long haul, stocks still tend to come out on top.

Record Oil Spike, High Jobless Rate Sink Stock Market

Record Oil Spike, High Jobless Rate Sink Stock Market
A soaring jobless rate, an unprecedented jump in oil prices and a sliding dollar sent tremors through financial markets yesterday and cast fresh doubt on how soon the U.S. economy would be able to break out of a pattern of feeble growth and financial instability.

Americans $1.7 trillion poorer

Americans $1.7 trillion poorer
Americans saw their net worth decline by $1.7 trillion in the first quarter - the biggest drop since 2002 - as declines in home values and the stock market ravaged their holdings.

Shares on Wall Street plummet 3%

Shares on Wall Street plummet 3%
Leading US stock market indexes suffer massive falls as the price of oil soars to yet another record.

Waiting for the Fourth-Year Surge

Waiting for the Fourth-Year Surge
The stock market tends to follow a pattern ahead of presidential elections. The last two years of the four-year cycle are usually good ones for investors. Politicians and policymakers typically do everything they can to stoke the economy and the market.

Tech jumps on Dell optimism; broader market flat
NEW YORK (Reuters) - U.S. technology shares rose on Friday as strong results from computer maker Dell Inc (DELL.O) signaled that business and consumer spending was holding up, driving the Nasdaq to end the month up 4.6 percent.

Bonds dip after Bernanke points to inflation risks
NEW YORK (AP) — Treasury prices dipped Tuesday as an uptick in the stock market and a warning about inflation from Federal Reserve Chairman Ben Bernanke led some bond investors to unwind their holdings in government securities….

Sony posts Q4 loss, sees growth in TVs, games (Reuters)

Sony posts Q4 loss, sees growth in TVs, games (Reuters)

An employee walks near a Sony liquid crystal display (LCD) television at a showroom in Tokyo in this March 4, 2008 file photo. (Toru Hanai/Reuters)Reuters - Sony Corp (6758.T) posted a surprise quarterly loss on Wednesday after a weak stock market ate into the value of securities held by its financial arm, but forecast a bigger-than-expected profit this year.


Death of stocks? Reports greatly exaggerated
Bonds will occasionally outperform the stock market in the short run, but over the long haul, stocks still tend to come out on top.

Dell, Marvell Send Tech Stocks Higher
Better than expected quarterly results from Dell and Marvell helped the Nasdaq end the month on a strong note.

Wichita, KS, United States,Program Management Analyst,

Wichita, KS, United States,Program Management Analyst,
Program Management Analyst About Us A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North…

Death of stocks? Reports greatly exaggerated
Bonds will occasionally outperform the stock market in the short run, but over the long haul, stocks still tend to come out on top.

Cerberus Nixes United Rentals Bid

Cerberus Nixes United Rentals Bid

United Rentals said on Wednesday that Cerberus is not prepared to proceed with the purchase of the company on the terms set forth in its July takeover agreement.    Read More