Pain at the pumps
Rutland Herald - 2003 report by the Minority Staff of the Permanent Subcommittee on Investigations of the Senate Committee on Governmental Affairs that concluded oil deposits to the reserve drove up crude oil prices by tightening supply and reducing domestic stocks.
Readers’ Thoughts
Kommersant - At the beginning of the year, it seemed that the situation surrounding banking stocks would soon change. Several huge Russian banks – Bank of Moscow, Rosbank , and Vneshtorgbank – announced the launch of their IPOs.
Rebalancing portfolio not whole answer
Chicago Tribune - D uring “volatile” times (when stocks are often sinking), the usual advice from the pundits is to sit tight. If anything, we are told to review our portfolio and, if necessary, rebalance to our original asset allocation. “You should develop a
You Can’t Win in This Market
The Money Times - Each of these stocks has spent months, and in some cases years, on the Nasdaq’s Reg SHO list, which identifies firms commonly considered the subject of short attacks.
Wall Street stocks head for lower open
Boston Globe - NEW YORK— Wall Street headed for opening losses Friday after disappointing earnings from American International Group Inc. and Dell Inc. made clear the challenging economy in which companies now operate. There also is nervousness about what impact
US general seeks to create Iraqi jobs
Boston Globe - But pollution, dams and years of mismanagement of the waters in past decades cut the once abundant stocks. Lynch saw an opportunity. Fish farming isn’t unknown in Iraq and creating new farms there is relatively easy.
Indonesian shares end morning lower on Wall Street’s fall; miners up
Forbes - Decliners led gainers 97 to 50, with 53 stocks unchanged. Volume was 1.77 billion shares valued at 2.50 trillion rupiah. The Indonesian rupiah was trading at 9,060/9,070 to the US dollar, compared to 9,070/9,080 late Thursday.
Stocks sink on recession fears
CNN Money - Apple executive states company is determined to sell 10 million smartphones in 2008. NEW YORK (CNNMoney.com) — Stocks slumped Thursday after comments from Fed chair Ben Bernanke on the banking sector and weak reports on economic growth and the jobs
Business View: The world wheat crisis and a Noah’s Ark of seeds
The Independent - US wheat inventories are down to their lowest since 1946, with enough stocks to cover just 12 per cent of consumption. There are larger problems.
Avoid the Next Dividend Implosion
The Money Times - Dividend stocks might have a reputation of being safe or stodgy — but sometimes, they’re anything but. For starters, the returns aren’t safe or stodgy. According to Wharton professor Jeremy Siegel, fat-yielding Altria was the ideal S&P 500 stock from
GLOBAL MARKETS-Dollar dives, stocks sink, oil pricier than ever
Forbes - HONG KONG, Feb 29 (Reuters) - The dollar dropped to a 3-year low against the yen on Friday amid renewed worries about the U.S. economy, rattling stock markets, bolstering bonds and helping drive up prices of safe-haven gold and oil to all-time highs
Wall Street Tumbles on Recession Fears, AIG
Stockhouse Canada - NEW YORK-Stocks tumbled on Friday as another round of weak economic data added to U.S. recession fears and a record loss at insurer AIG underscored worries about more write-downs in the financial sector. The major indexes fell more than 2 percent and
Stock & fund quotes
ninemsn - Stocks fell as more evidence emerged of declining business confidence. The National Association of Purchasing Management-Chicago reported a contraction in its business index, reflecting falling production and employment.
When stocks fall, reasons tend to be complex
Free Lance-Star - Last week I wrote that the collapse of hedge fund Long-Term Capital Management in 1998 and the recent subprime mortgage market troubles seem similar in their level of greed and lack of focus on risk management. Here are some other interesting points
Thai stocks seen up after capital controls lifted
Reuters - BANGKOK, March 2 (Reuters) - The removal of capital controls is likely to send Thai stocks up on Monday as revived investor confidence in the country’s financial markets could attract new funds in spite of anxiety over the global economic outlook
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