Global Investing Roundups Friday, December 19th, 2008

FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; ... report. After posting a profit for its second fiscal quarter, the package delivery giant also said it’ ... a hot new item and Apple a gigantic new sales outlook. General Motors Corp. (GM) denied a report [more...]

Date: 2008-12-19 11:29:55

Blog posts (104) | Videos (1)
 

Web Hosting Provider, Cbeyond, Reports Revenue

Atlanta, Georgia - (The Hosting News) - November 6, 2008 - Web hosting and managed integrated VoIP, ... to report that Cbeyond recorded another quarter of significant growth and profitability [more...]

Date: 2008-11-06 13:32:21

Thursday Is New Jobless Day

479K new lucky duckies! And we're shrinking. Gross domestic product contracted at a 0.3 percent annual pace, less than forecast, a Commerce Department report showed today in Washington ... spending boom ended last quarter as the credit crunch deepened. ... Consumer spending dropped [more...]

Date: 2008-10-30 14:14:00

Old Media Interview: Amy Vernon, super-Digger, editor

We’ve decided to flip the script on you this week a bit. In our last couple of posts, we’ve spoken about Twitter quite a bit ... report for Rockland County, which accounted for a quarter to a third of The Journal News’ total [more...]

Date: 2008-12-15 14:49:56

CenturyTel’s Bid for Embarq Will Likely Jump-Start a Wave of Mergers Among Rural Telecom Players

CenturyTel Inc. (CTL) will acquire rival Embarq Corp. (EQ) in an $11 ... . Verizon reported its third-quarter earnings yesterday. For additional details, check out Money [more...]

Date: 2008-10-28 17:45:34

Bank of America reports $2.39 billion loss

Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss Friday, hours after it convinced the government it needed a multibillion-dollar lifeline. [more...]

Date: 2009-01-16 22:44:48

Bank of America reports $2.39 billion loss

Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss Friday, hours after it convinced the government it needed a multibillion-dollar lifeline. [more...]

Date: 2009-01-16 15:16:20

Mortgage Delinquencies Set to Soar: Report

Severe delinquencies among mortgage holders increased more than 50 percent from year-ago levels during the third quarter, according to data released Tuesday morning by credit reporting agency TransUnion LLC. At the end of Q3, 3.96 percent of homeowners were 60+ days in arrears, compared to 2.56 percent one year earlier [more...]

Date: 2008-12-02 14:55:50

Research Oracle roundup for 15 December 2008

Earning Release Cosan Limited (NYSE:CZZ) recorded net sales below our estimate in 2Q 09, reflecting lower-than-expected sugar and ethanol sales volumes. Furthermore, the company reported an operating and net loss during the quarter [more...]

Date: 2008-12-15 17:38:55

TweetDeck's Funding Shows Good Ideas Can Still Attract Good Money

This morning's great news came from TweetDeck author Iain Dodsworth, ... ) The report says TweetDeck has been downloaded a quarter million times, and hundreds of thousands [more...]

Date: 2009-01-17 05:00:41

"The Largest Credit Contraction in History is Here"

"There was a report from Mish’s Global Economic Trend Analysis * who in turn was commenting on a report from Martin Weiss who publishes research at his Money and Markets site. Weiss takes a look at the Flow of Funds report for Q1 published by the Fed. Weiss’s conclusion: The first quarter brought the greatest credit collapse of all time. Open Market Paper: Instead of growing as it had in almost every prior quarter in history, it collapsed at the annual rate of $662.5 billion. [more...]

Date: 2009-07-12 01:58:00

PMI: Home prices to fall through 2009

From Bloomberg: U.S. Home Prices Will Continue to Tumble Until 2010, PMI Says U.S ... the third quarter of next year, PMI Mortgage Insurance Co. said in a report. Ninety-seven percent ... , according to the Walnut Creek, California-based insurer’s Market Risk Index, which assigns a score [more...]

Date: 2009-01-14 17:26:28

Loan Loses Continue To Mount: A Look At FDIC Graphs

You're probably not surprised to hear that loan losses are continuing to mount at financial institutions, but just how bad are things getting? ... paint the grim picture in his blog post below. chart11 More Institutions Report Declining ... for credit losses topped $50 billion for a second consecutive quarter, absorbing one-third [more...]

Date: 2008-11-26 18:36:28

An update on Greg Oden's first regular season NBA game

... Lakers. Check out this online report from The Times' Brad Turner. -- Greg Johnson Photo: Greg ... the first quarter on Tuesday night at Staples Center. Credit: Harry How / Getty Images [more...]

Date: 2008-10-29 03:44:47

Live-Blogging the Citigroup Earnings Call

It was the fourth consecutive quarter of losses for Citigroup Inc ... . Truth be told, expectations for the earnings report were all over the place, ranging from the best-case ... cost of credit increased by $4.2 billion, or nearly 50%, from the year-earlier period. This includes [more...]

Date: 2008-10-16 12:44:41

Research Oracle roundup for 15 January 2009

Earning Release Shaw Communications Inc.’s (NYSE:SJR) ... the quarter. As we will likely revise our estimates downwards in our next update report in line ... rating, we are rating it a SELL and we will be reviewing our target price in our next update report [more...]

Date: 2009-01-15 17:34:17

Fannie teed up. Are you teed off?

Housing headlines of note in today's Los Angeles Times Business section: --"Fannie regrets golf excursion," ... not dispute the report, described the event as a mortgage industry customer meeting held twice ... for the quarter would fall by half to $1.5 billion. -- Lauren Beale Your thoughts? Comments? Photo credit [more...]

Date: 2008-11-05 20:53:11

Morning Update

Economic Clouds ObscureA deepening recession, a worse-than-expected quarter from Alcoa, and soft guidance from CSX Corp ... , Sony may be set to report is first annual operating loss in over a decade, while Treasuries ... $32) announced that it expects to earn $0.90 per share in 4Q, below the consensus view of $0.99 [more...]

Date: 2009-01-13 08:18:00

DELINQUENCIES RISE WHILE NEW FORECLOSURES DIP

In one of today’s government reports at least two positive stats can be Foreclosure starts dipped 2.6% in the third quarter vs. the second quarter ... income) to subprime (low credit score) through subprime. The chart shows the proportion of loans 60 days ... foreclosures in the period. Unfortunately, other than those facts the report was fairly bleak [more...]

Date: 2009-01-11 03:10:55

The position “hit list” courtesy of CNBC, Reuters, AP: Market rises on positive news.

“Pfizer plans to lay off as many as 2,400 sales staff this quarter in a continuing reorganization ... by about $2 billion this year, according to the report. Advanced Micro Devices plans to cut 1,100 ... is cutting 750 jobs, or about 10 percent of its work force to cut expenses and expects to report [more...]

Date: 2009-01-17 03:29:59

It's the Economy, Stupid

The Labor Department today reported that business productivity surged to a revised 4.3 percent annual rate in the second quarter of the year ... measure quality of output.)Higher productivity keeps inflation in check. When companies can produce ... of their lines of credit because the housing bubble has burst. The result? Employers can't sell [more...]

Date: 2008-09-04 12:27:00

Thought for the Day

Saturday, January 17, 2009 Tonight’s lunar last quarter phase will reveal an illuminated left-sided semi-circle ... an Astrology Report or book a Live Personal Reading with Phil. For more information click on the two [more...]

Date: 2009-01-17 05:00:09

A quarter of a million potential dinners around the world!

While creating the Personal Annual Report 2008 we uncovered some lovely patterns and information that make building Dopplr worthwhile. For instance we found over 250,000 possible coincidences [more...]

Date: 2009-01-16 18:34:23

Buyers Will Get To Have A Say In California

The LA Daily News reports from California. “San Fernando Valley homeowners saw property values plunge 35 percent - a quarter-million dollars on a median-price home. The median price of a previously owned house tumbled from $650,000 in August 2007 to $420,000 last month, said a new report from the San Fernando Economic Research Center [more...]

Date: 2008-09-25 20:38:06

“A frightening deterioration in the UK economy”

The British Chambers of Commerce report today that orders, investment and demand for labour all fell heavily in the last quarter of 2008 ... you are not encouraging an old firing at the same time. If you are offering a guarantee to banks for offering credit [more...]

Date: 2009-01-08 15:48:33

Good Bank, Bad Bank: The Rich Win Again

So let’s see if I understand this brilliant brain fart correctly…Citigroup (C) and Bank of America (BAC) ... . What a fun game.Citigroup Reports $8.3 Billion Loss, Split Into Two Businesses: “Citigroup Inc. posted an $8.29 billion fourth-quarter loss, completing its worst year, as the credit crisis eroded [more...]

Date: 2009-01-16 13:40:00

Sirius XM: Is Auto Maker Rescue a Lifeline?

The Detroit Three auto makers have been thrown a lifeline by the White House, but there is no such luck for Sirius XM Radio ... Morgan analyst Barton Crockett in a Nov. 13 report. Since then, Sirius XM’s providers have called ... in January. Ford plans to cut its first-quarter production 42% from last year and Credit Suisse expects a 52 [more...]

Date: 2008-12-19 17:30:50

Chinese state firms’ Jan-Sept profits down 2.9 pct

China’s state-owned enterprises (SOEs) saw negative profit growth for the second month in a row in September, the Ministry of Finance said on Monday, ... billion), the ministry said in a report on its website. Growth first turned negative in August ... an annual 10.1 percent in the second quarter and 11.9 percent in all of 2007. Broken down by industry [more...]

Date: 2008-11-03 06:33:53

Live-Blogging Goldman Sachs’ Fourth-Quarter Earnings

We nominate this for the securities industry’s saddest sentence: “For the period ended Nov. 30, Goldman reported a net loss of $2.12 billion…compared with net income of $3.22 billion… a year earlier.” As even bunnies hiding in the woods know by now — because the Wall Street Journal’s Sue Craig, [more...]

Date: 2008-12-16 16:26:31

Live-Blogging Goldman Sachs’ Fourth-Quarter Earnings

We nominate this for the securities industry’s saddest sentence: “For the period ended Nov. 30, Goldman reported a net loss of $2.12 billion…compared with net income of $3.22 billion… a year earlier.” As even bunnies hiding in the woods know by now — because the Wall Street Journal’s Sue Craig, [more...]

Date: 2008-12-16 19:11:00

Steel Owes Thain a Royalty Payment

Correct me if I am wrong, but I do believe Robert Steel of Wachovia owes a royalty payment to John Thain of Merrill Lynch. Why? ... ... The quarter marks the second in a row when Charlotte, North Carolina-based Wachovia revised results ... to its quarterly report filed on Monday with the U.S. Securities and Exchange Commission. Wachovia [more...]

Date: 2008-08-12 23:30:00

Credit Crunch Effects to be Felt for Years: BlackRock’s Fink

While the majority of the financial crisis tied to bad mortgages and esoteric debt structures may be waning, ... to a report published by Reuters on Wednesday. “The worst of the financial market crisis is behind ... with the turmoil have quarters to go, maybe years to go, because of the contraction of credit, the bloated [more...]

Date: 2008-06-13 13:01:03

Irish economy ‘to grow in 2010′

The Irish economy will return to growth in 2010 and will see expansion of 4 per cent in 2011, according to a Davy research report published this morning.Rossa White, chief economist, said the economy would return to a growth trend during the first quarter of next year, with expected average annual growth of 0.5 per cent in real GNP in 2010.He added that would conceal “gradual acceleration” in economic activity intra-year. [more...]

Date: 2009-09-29 13:40:27

Latest Economic Forecasts? More Pain

There was definitely no shortage of dreary economic forecasts released today ... at a 2.8 percent annual rate in the fourth quarter. A month ago, the consensus view was for a 1.1 ... professor at Stanford University, spoke Nov. 7 after a government report showed unemployment rose [more...]

Date: 2008-11-11 04:59:03

Online advertising - Ap » Hitech - Waterloo Cedar-Falls Courier

The advertising market is gloomy, and radio is in a particular funk. But Doug Perlson still feels pretty good. Perlson heads TargetSpot Inc ... fourth quarter, they’re facing a fast-proliferating scam that seeks to trick them into supplying credit ... and is stocked with new content partners, reports Variety. Hulu, long unnamed before it launched [more...]

Date: 2008-12-12 02:15:07

BofA, Citi Report Losses

From the WSJ: Bank of America Swings to a Loss Bank of America Corp. swung to a fourth-quarter loss as provisions for credit-losses nearly tripled, while the company showed why it needed further help from the government to support its acquisition of Merrill Lynch [more...]

Date: 2009-01-16 13:20:02

Curbed IMterview: Jonathan Miller Dishes on Q4 Numbers

For the second quarter in a row, we pinged Jonathan Miller—real estate appraiser, Curbed graph guy, blogger and the man who makes Elliman's market reports sing—for a chat about the latest Manhattan ... . CurbedWire: Even though the numbers in these reports largely reflect deals negotiated many moons [more...]

Date: 2009-01-06 14:49:26

Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!

by Addison Wiggin & Ian Mathias Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga Even the ... -Ukraine gas dispute not yet over… a reader provides firsthand account And… action ... $30 billion to stay afloat, analysts at Morgan Stanley predicted today. According to Morgan’s report [more...]

Date: 2009-01-14 07:36:46

Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!

Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga… Even the IMF needs a loan… $150 billion to back ... and notprofitable) segments of the business. Robert Rubin, who among other things helped create this “ ... predicted today. According to Morgan’s report, profits at HSBC will decline “sharply” this year [more...]

Date: 2009-01-16 15:28:24

Keep Watch For The Missing Quarter

How secure is yours? How secure is yours? HARRISBURG PA - Internet chat rooms are filling with complaints from credit card customers nationwide ... business with. The company, Adele Services of Melville NY, doesn’t exist, according to a report Sunday ... , however, that as a general rule credit card holders should review their statements every month [more...]

Date: 2009-01-16 10:40:26

World economic recession hits Dubai

Fox News are reporting that: "DUBAI, United Arab Emirates — The developer of a skyscraper planned to be the world's tallest said Wednesday it is ... development — which it unveiled only in October — came as a leading credit rating firm warned that falling ... values in the emirate tumbled 8 percent in the last three months from the previous quarter, a re [more...]

Date: 2009-01-15 20:00:00

Bank of Canada overnight rate statement

From the BoC Web site: OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a ... to encourage credit flows, although it will take some time before conditions in financial markets ... inflation than had been projected at the time of the last Monetary Policy Report in October. Several [more...]

Date: 2008-12-09 14:04:00

The Perfect Storm

Article written for Paragon's 4th Quarter 2008 Newsletter by Dave Young, president ... markets in modern history. A severe credit crisis, overseen by inept incoming and outgoing politicians ... a report in December stating that stocks are 60 percent undervalued. How did we do? Considering [more...]

Date: 2009-01-07 22:07:06

Media Roundup - October 17th, 2008

Media Roundup Real Estate News New listings slip in third quarter (Globe and Mail) Home prices are falling, but mortgage rates are rising ( ... (Bloomberg) Mortgage Q&A: Liquidity, credit will lower rates (Washington Times) TD Report Says ... s Time to Invest (NY Times) Canadian manufacturing shipments slide (Canada.com) Urban Planning [more...]

Date: 2008-10-17 12:00:07

Bank of Canada drops Interest Rate by .75%

Bank of Canada Cuts Interest Rate The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a ... to encourage credit flows, although it will take some time before conditions in financial markets ... inflation than had been projected at the time of the last Monetary Policy Report in October. Several [more...]

Date: 2008-12-09 17:19:05

The Brakes Are Not Working In California

The LA Times reports from California. “A record 10% of the nation’s mortgage-burdened homeowners fell behind on their loan payments or were in foreclosure during the third quarter, according to a survey released Friday by the Mortgage Bankers Assn., which said California and Florida were the biggest contributors to the worsening picture [more...]

Date: 2008-12-06 18:15:59

Report: US Game Sales Up 19% in '08; December Sales Hit $5B

Port Washington, N.Y. - Bucking overall economic trends, U.S. video game sales rose to $21.33 billion in 2008, bolstered by a record-breaking $5 billion month of December, according to sales data compiled by market research firm NPD Group. "While industry growth has not continued at the blistering pace we saw during the second and third quarters, [more...]

Date: 2009-01-16 22:35:43

BLS BS Exposed: Commercial Bankruptcies Soar

The McClatchy Washington Bureau is reporting Commercial bankruptcies soar, reflecting widening economic woes ... , tighter credit and a reticence among consumers to part with discretionary income. From April ... in California, which logged 3,141 bankruptcies in the second quarter. Texas fielded the next highest number [more...]

Date: 2008-07-20 20:10:33

MARKET WATCH: Orange 21 Quarter Ended September 30

You probably recall I wrote at some length about the letter from former Orange 21 CEO Mark Simo to the Orange board of directors ... to have a good strategic explanation of the value of the merger. Since then the Orange quarterly report has come ... of things in the report that I think relate to the proposed and rejected merger. Mr. Simo’s letter [more...]

Date: 2008-12-01 19:37:28

WSF Headline Roundup - 1/8/09 -  SEC Probes Pequot again; Wal-Mart warns; India's Enron; Frank: TARP aid for munis; Mtge rates < 5%; BOE cuts rates to lowest since 1694!; Intel warns; Lower '09 metals prices?; Other retailers warn; MGM Mirage to cut debt

SEC Reopens Probe of Trading at Pequot Wal-Mart’s Fourth-Quarter Earnings Will Miss Forecast $1bn fraud at India IT group Satyam Accounting Scandal ... Falls Retailers End Dour 2008 With More Weakness; Wal-Mart Warns Retailers report dismal December ... , according to an SEC report. After a two-year probe, interviews and a review of emails, the SEC [more...]

Date: 2009-01-08 13:40:42

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