S&P Stock Picks and Pans: Dow Chemical, Bank of America, Toyota ... - BusinessWeek
Shares have fallen below our $16 target price, following the cancellation last week of the pending joint venture with Kuwait on DOW's ethylene chain products, under which DOW was to get $9 billion. DOW will discuss with others a similar venture and ...
Posted: Tue, 06 Jan 2009 19:14:00 GMT
Manager who cashed in on housing slump leaves Paulson - Times Online
The investor who helped John Paulson to make $15 billion from predicting the US sub-prime mortgage crisis has left Paulson & Co, the hedge fund manager, to set up his own fund. Paolo Pellegrini was the right-hand man to Mr Paulson when the founder of ...
Posted: Tue, 06 Jan 2009 23:53:00 GMT
Analyst Actions: Apple, Garmin, InterContinentalExchange - BusinessWeek
Oppenheimer analyst Yair Reiner says, after yesterday's disclosures about Apple ( AAPL ) CEO Steve Jobs' health, he's satisfied a sudden change of leadership is not imminent. Reiner notes, while the letters from Jobs and AAPL's board raise more ...
Posted: Tue, 06 Jan 2009 19:14:00 GMT
Chancellor Alistair Darling on brink of second bailout for banks - Times Online
Alistair Darling has been forced to consider a second bailout for banks as the lending drought worsens. The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the £37 billion part ...
Posted: Fri, 02 Jan 2009 23:58:00 GMT
Bank of America Completes Merrill Lynch Purchase - dBusinessNews.com
CHARLOTTE -- Bank of America Corporation today completed its purchase of Merrill Lynch & Co., Inc. creating a premier financial services franchise with significantly enhanced wealth management, investment banking and international capabilities. "We ...
Posted: Tue, 06 Jan 2009 17:05:00 GMT
Check Services - Commodity Online
There are major imbalances across the global economy … Some countries save too much, others borrow and spend too much. These imbalances go back and forth as economies rebalance themselves. The gut wrenching credit crunch of 2008 is a symptom of ...
Posted: Mon, 05 Jan 2009 09:43:00 GMT
Uneasy folks wait to invest - Myrtle Beach Online
NEW YORK -- After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they'll need to ...
Posted: Fri, 02 Jan 2009 23:58:00 GMT
The electronic dollar? - Baltimore Sun
Consumers have more choices than ever in how they pay for goods and services, and it is clear the days of paying by cash or check alone are long gone. Payment choices have expanded along with Internet commerce. Consumers buying more online have ...
Posted: Thu, 01 Jan 2009 23:59:00 GMT
Technology industry not insulated from financial crisis’ - Businessday Online
Dapo Sarumi, Chairman, CBC Computers says that stakeholders in the global Information Technology (IT) are finally admitting that they are not insulated from the turmoil in the world’s financial markets after months of refusing to believe that ...
Posted: Tue, 06 Jan 2009 00:23:00 GMT
One Fund in 1,700 Made Money in '08 - Wall Street Journal
It went down to the wire -- to the final hour of trading in 2008 -- but Tom Forester, manager of the tiny Forester Value Fund, pulled off a rare feat: he posted a positive return for the year. See the largest stock funds and bond funds and also how ...
Posted: Sat, 03 Jan 2009 23:57:00 GMT
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