Category Archives: Investors

Stocks trim losses, but end in red on Greek woes

By doris | Published: January 31, 2012

Full Story at Money.CNN.com NEW YORK (CNNMoney) — U.S. stocks recovered most of their lost ground Monday afternoon but struggled to pull out of the red as concerns over Greece continued to weigh on the market. Stocks started the day down about 1% after the weekend came and went without Greek leaders reaching an agreement [...]

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Housing more affordable than ever … for foreign buyers

By doris | Published: January 14, 2012

Full Story at BottomLine.msnbc.msn.com When it comes to foreigners looking to plant roots in the United States, Florida is the hot spot, especially among Cubans, Haitians and Colombians. The Sunshine State is the most popular among foreign home buyers with 31 percent of all home purchases made there coming from foreign residents, according to a [...]

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Foreign firms invest big in U.S. energy boom

By doris | Published: January 12, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — Foreign firms, hungry to cash in on the American energy boom, have invested nearly $6 billion in U.S. gas and oil drilling in the last few weeks. Energy giants from China, France and Spain have snapped up stakes in fields in Ohio, Mississippi, Colorado and Michigan. These [...]

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Chrysler to call Fiat-based compact the Dodge Dart

By doris | Published: December 6, 2011

Full Story atnews.Yahoo.com DETROIT (AP) — The Dodge Dart, a 1960s compact car that gearheads turned into street racers, is making a comeback. Chrysler said Tuesday that it will use the Dart name for a new compact car based on Italian technology that it will introduce in the U.S. next year. The Dart, which is [...]

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On Wall Street, most still expect bonuses

By doris | Published: October 13, 2011

Full Story at BottomLine.msnbc.msn.com Protesters are occupying Wall Street and points beyond, and many investors may be looking sadly at their most recent statements after a couple of erratic months in the markets. But a new survey finds that most Wall Street professionals are still expecting their bonuses to be the same or higher than [...]

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For banks, recovery is fading

By doris | Published: October 5, 2011

Full Story at Yahoo.com (Reuters) – U.S. bank profits have been rising steadily for more than a year, but the recovery may be losing momentum due to weak loan demand and low lending rates. For many of the biggest banks, earnings are likely to fall in the third quarter, dragged down by investment banking businesses [...]

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GM sales rise 20% on strong demand for trucks, SUVs

By doris | Published: October 3, 2011

Full Story at BottomLine.msnbc.msn.com Strong demand for full-size pickups and SUVs drove up General Motors’ U.S. sales last month, the automaker said Monday. GM reported total sales of 207,145 vehicles in September — a 20 percent increase over the same month a year ago. Truck sales, which include full-size pickups and SUVs, jumped 34 percent, [...]

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Stocks: Worst quarter since financial crisis

By doris | Published: October 2, 2011

Full Story at CNN.com NEW YORK (CNNMoney) — Stocks ended a dismal quarter with heavy losses Friday as investors remain worried about the debt crisis in Europe and the outlook for global economic growth. The Dow Jones industrial average (INDU) fell 240 points, or 2.1%, to close at 10,913. The S&P 500 (SPX) slid 30 [...]

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Investors Back Obama’s Buffett Rule

By doris | Published: October 1, 2011

Full Story at Bloomberg.com Global investors overwhelmingly support President Barack Obama’s proposed tax increase for those earning annual incomes of $1 million or more in an effort to reduce the deficit. By a margin of 63 percent to 32 percent, respondents in a Bloomberg Global Poll approved of the president’s proposal, known as the “Buffett [...]

Also posted in Budget, Debt, Government, Money, President, Tax | Leave a comment

Investors fear governments can’t stop new recession

By doris | Published: September 25, 2011

Full Story at BottomLine.msnbc.msn.com Global stock markets fell in lockstep this week because investors all share a common fear: The world is slipping back into recession and governments around the world are powerless to stop it. Two years after the world emerged from the worst financial collapse since the 1930s, a repeat is looming. European [...]

Also posted in Banking, Debt, Government, Powerless, Reccession, Stocks | Leave a comment

7 states join effort to block AT&T merger

By doris | Published: September 16, 2011

Full Story at BottomLine.msnbc.msn.com Seven states have joined a Justice Department antitrust lawsuit seeking to block AT&T Inc.’s proposed $39 billion acquisition of rival T-Mobile USA, officials said Friday. The move strengthens the federal case against the proposed merger, setting up another hurdle to completion of the deal. “We are pleased that these states have [...]

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Stocks try to end August on high note

By doris | Published: August 31, 2011

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks were modestly higher Wednesday, on the last day of what has been a volatile month, as investors digested several economic reports on the labor market and manufacturing. The Dow Jones industrial average (INDU) gained 44 points, or 0.4%, nudging into positive territory for 2011; the [...]

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Gold bounces back after big plunge

By doris | Published: August 25, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Gold prices recovered from earlier losses Thursday to close modestly higher after a major sell-off Wednesday. Gold futures for December delivery rose $5.90 to settle at $1,763.20 an ounce. The modest gains came amid rumors that ratings agencies may look to downgrade Germany’s credit rating. Standard and [...]

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Wall Street soars; Dow’s best day in two weeks

By doris | Published: August 23, 2011

Full Story at msnbc.com NEW YORK — Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession pounded the market over the last month. The Dow jumped 322 points, its best day since Aug. 11, when it gained [...]

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