Why Warren Buffett is Betting on Banks Now
Bank stocks could be the buy of a lifetime right now. The bailout is moving forward, the markets have stabilized, and Warren Buffett has put up a $5 billion bet... Read »
Tenth Avenue Burn Out
I’ve been listening to Bruce Springsteen since he looked like that and while in all those years (more than 30) I have never burned out on his music it has... Read »
On WaMu’s Birthday, JPMorgan Takes the Cake
Washington Mutual Bank (WM), the country’s largest savings and loan, was seized late Thursday night by federal regulators who immediately sold nearly all of... Read »
Research In Motion Q2’08 Earnings Report
BalckBerry maker Research In Motion Limited (RIMM), a leading designer and marketer of innovative wireless solutions, today reported Q2 results for the three months... Read »
Lawmakers Reach Agreement on Bailout Plan
The Wall Street Journal is reporting the top House and Senate Democratic and Republican lawmakers, after a three-hour meeting have reached a “fundamental bipartisan... Read »
“Hank” Greenberg Intends to Sell His AIG Shares
The current atmosphere at Hank Greenberg’s office, the former American International Group (AIG) chairman, must be right now that of guilt and humiliation.... Read »
How to Profit from the $700 Billion Bailout
It’s difficult to tell whether the levels of irony are odd or even. America, the bastion of market capitalism, is on the verge of nationalising its banking industry.... Read »
Dell Leads Transition of Laptop Displays to Energy-Efficient LED Technology
Dell (DELL) announced today plans to transition all of its new laptop LCDs to mercury-free light-emitting diode [LED] backlights over the next 12 months. This is... Read »
Morgan Stanley Ends Merger Talks with Wachovia
According to Reuters, Morgan Stanley (MS) has ended its merger talks with the country’s fourth largest banking chain, Wachovia (WB). The former investment... Read »
Bill Gross Believes Bailout Plan Benefits Main Street
Pimco’s Bill Gross, the chief investment officer of the world’s biggest bond fund says the Treasury’s proposed $700 billion bailout plan for financial... Read »
| INDU | 0.00 | |||||||
| NASDAQ | 2927.23 | |||||||
| S&P 500 | 1351.95 | |||||||
| DJIA Fut | 12817.00 | |||||||
| Nasdaq Fut | 2556.00 | |||||||
| S&P Fut | 1343.80 | |||||||
| Oil Fut | 97.12 | |||||||
| Gold Fut | 1731.80 | |||||||
| Nikkei | 8984.84 | |||||||
| Shanghai | 2366.109 | |||||||
| UK | 5895.47 | |||||||
| France | 3424.71 | |||||||
| Germany | 6788.80 | |||||||
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