Archive for July, 2006

$76 a barrel for oil - this can’t be good

Thursday, July 13th, 2006

Investors hate Fear Uncertainty and Doubt (FUD). We've talked about this before, any type of FUD can result in folks losing their confidence in investing. Today stocks are way down in early trading because of the skyrocketing oil prices. To say that the Middle East is engulfed ...

Down day on Wall Street - tech stocks drag down index

Wednesday, July 12th, 2006

Stocks ended the day down, as bad news from tech companies. Semi-conductors, in particular, were hammered. They were led by INTC, who is expected to bring in lower revenues this quarter. Microsoft also helped sour the mood on tech, when they were handed a $357 million fine ...

Google spending on the rise

Tuesday, July 11th, 2006

From all of the plans that Google has been announcing this year, you can be sure of a few things. One is that expense are going way up at the company, as they continue to derive most of their revenue from search engine advertising. They've expanded into tons ...

Introduction to the basic principles of value investing

Tuesday, July 11th, 2006

Warren Buffett is the most successful investor of all time, and for that reason alone he's attracted a lot of attention during his long and illustrious career. Buffett has always been a proponent of a discipline that's come to be described as "value investing." Value investing was originally ...

Investors upbeat as trading week begins

Monday, July 10th, 2006

Investors have shrugged off some of pessimism as they expect earnings to be upbeat this weak. Stocks ended the week down last week on fears of what continued rate increases would do to corporate earnings. This week some of the fog is lifting: Acquisitions led the day's news ahead ...

Stock market tanks - sentiment currently sour

Friday, July 7th, 2006

With an hour to close, the stock market tanked, finishing off a week with relatively poor economic news. We've covered the trends in the last few weeks and months, and it's looking like the consumer is having a tough time carrying the economy. As interest rates continue to ...

Retail sales down in June 2006

Thursday, July 6th, 2006

Retail sales a pretty good indicator of the mood of the consumer (real and imagined). Sales were down a bit in June, with Wal-Mart leading a crop of companies having a bad quarter. Retail companies were hit by a myriad or problems which caused lower sales: not the ...

Huge $20 million per day losses for Atlantic City casinos

Wednesday, July 5th, 2006

The government work stoppages in New Jersey are already taking a big toll, costing the casino companies who operate their $20 milllion a day! You can see how quickly a lengthy stoppage could turn into serious trouble for them. This is hurting the city and the companies: All 12 ...

GM and Nissan in possible global alliance

Monday, July 3rd, 2006

GM has been struggling, and some people think an alliance between GM and Nissan may be the answer. The deal would involve GM, Nissan, and Renault, and would include a large cash infusion into GM. The original proposal was made by the largest stockholder in GM, Kirk Kerkorian. ...

CA saga shows some of the problems with stock options

Saturday, July 1st, 2006

Stock options are often used as a license to steal by the very people who are supposed to ensure that shareholder resources aren't being squandered. CA is showing just how options can be misused, and just how much it costs taxpayers in the long run. CA also issued fiscal-year earnings ...