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BloggingStocks (Free subscription) | 11/06/2009
Filed under: Sotheby's (BID) , Personal finance , Headline news Sotheby's (NYSE: BID ) had a great night this week, tripling the performance of competitor Christie's (OTC: CRUPF ). But, it didn't come soon enough to help the company's third quarter results. The auction house suffered from the art market slump that was exacerbated by the global financial crisis, posting a net loss of $57.8 million...
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SeekingAlpha.com (Free subscription) | 11/06/2009
Dobromir Stoyanov submits: Estimating future dividend growth is difficult if not impossible. Companies which might have had a long history of consistent double digit increases might stop raising dividends and might even cut them. It is easy to predict whether or not a company’s dividend is sustainable in the short run, by evaluating EPS trends, dividend payout ratios and cash flows. It is difficult...
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Market Watch (Free subscription) | 11/06/2009
A key Congressional watchdog group offers a mixed review for the trillions of dollars in government guarantees provided as part of the financial-crisis bank bailout program, saying it helped calm markets, but also carried huge risks and lacked transperancy.
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Financial Times (Free subscription) | 11/06/2009
Generali could take advantage of the expected shake-out of Europe's insurance sector as a result of the global financial crisis to make an acquisition, says its co-chief executive
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PR News Wire (Free subscription) | 11/05/2009
FRANKFURT, November 5 /PRNewswire-FirstCall/ -- Fraport AG's executive board chairman Dr. Stefan Schulte presented an optimistic look into the future for the airport company at today's financial press conference for the first three quarters of 2009. "The global economic and financial crisis noticeably influenced Fraport's financial figures in the first nine months of the year. However, from month...
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Economist's View (Free subscription) | 11/05/2009
Why is there so much controversy over short selling?: Selling stocks short: Ever controversial, by Gerald P. Dwyer, Macroblog: Selling securities short has been a controversial practice as long as financial markets have existed, and the recent financial crisis brought...
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SeekingAlpha.com (Free subscription) | 11/05/2009
Brad DeLong submits: For Project Syndicate: Slouching Toward Sanity : In America today – and in the rest of the world – economic-policy centrists are being squeezed. Complete Story »
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BloggingStocks (Free subscription) | 11/04/2009
Filed under: Market matters , Money and Finance Today , Economic data , Politics , Federal Reserve , Recession , Financial Crisis The Federal Reserve Open Market Committee (FOMC) issued its statement almost exactly as expected. The language on interest rates is remaining low for an extended period of time remained largely unchanged, and the decision was unanimous. As I have mentioned earlier, the...
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Market Watch (Free subscription) | 11/04/2009
WASHINGTON (MarketWatch) -- The agency that failed to catch Bernard Madoff's $65-billion ponzi scheme would have its funding doubled under legislation approved by a key congressional committee on Wednesday. The House Financial Services Committee approved more than $1 billion in additional funds annually over five years to the Securities and Exchange Commission together with a package of investor protection...
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SeekingAlpha.com (Free subscription) | 11/04/2009
Wade Slome submits: The drought in higher interest rates may be nearing an end? Ever since the global financial crisis accelerated into full force in the fall of 2008, there were a constant flow of coordinated interest rate cuts triggered around the world with the aim of stimulating global GDP (Gross Domestic Product) and improving credit flow through the clogged financial pipes. Central banks across...
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SeekingAlpha.com (Free subscription) | 11/04/2009
Australia raised rates again by another 25 basis points overnight. The reasons the Reserve Bank of Australia gave for the rise are: The global economy has resumed growth. With economic policy settings likely to remain expansionary for some time, the recovery is likely to continue during 2010 and forecasts have been revised higher. The expansion is generally expected to be modest in the major countries,...
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Financial Times (Free subscription) | 11/03/2009
Analysts see evidence that strongest global banking groups have confidence to reshuffle ranks just a year on from the peak of financial crisis
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PR News Wire (Free subscription) | 11/03/2009
CAPE CORAL, Fla., Nov. 3 /PRNewswire-FirstCall/ -- Twenty-two months after descending into an historic recession, amid lingering uncertainty over the economic recovery, many Americans are prepared to make short-term sacrifices to reinvent themselves and their careers to achieve financial independence, according to a newly released survey from Tigrent Inc. The Tigrent 2009 Financial Independence Survey...
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Financial Times (Free subscription) | 11/03/2009
The fast-growing Islamic financial sector needs strong regulation to ensure it never faces the damage to the global system caused by the financial crisis, Malaysia's prime minister said
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BloggingStocks (Free subscription) | 11/03/2009
Filed under: Before the bell , International markets , Market matters , Economic data , Lloyds TSB Group plc ADS (LYG) , Federal Reserve , Financial Crisis If on Monday investors were ready to bounce back from Friday's selloff, today stock futures are sharply lower, indicating U.S. stock markets are poised to slump at the open ahead of the Federal Reserve two-day policy meeting that begins today....
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trymi | 03/11/2009
It looks like that no car company or customer demographic is immune from the continuing economic downturn. For instance, Lamborghini has been receiving numerous order cancellations lately. Luxury markets have been down 40 percent the first two months of this year. On the other hand, for customers with impending orders, wait time has been significantly shortened (due to the cancelations).
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trymi | 03/07/2009
Due to the recession being experienced by the auto industry, an amazing buyer’s market was consequently created especially for those who want to purchase performance cars at a bargain. Some amazing deals have been observed such as a brand new Mustang GT with a sticker price of only $18,995.
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trymi | 02/25/2009
Toyota Supra remains at the top of high-performance sports cars with the Mark I inline 6-cylinder generating 110 hp (82kW) to the twin-turbocharged Mark IV that comes with 320 hp (239kW). However, beginning 2002, Toyota moved away from the Supra image to the green vision of the Prius.
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