Tony Ding/APThe 2014 Jeep Grand Cherokee is introduced at the Detroit auto show in January 2013. DETROIT — Chrysler is recalling 184,215 SUVs worldwide because a wiring problem could disable their air bags and seat belt pretensioners. The recall involves the 2014 model year Dodge Durango and Jeep Grand Cherokee. Most are in the U.S., but 57,443 SUVs are in Canada, Mexico and elsewhere.....more>>>
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company’s economic output. That’s because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.
Earnings’ unreliability is one of the reasons Foolish investors often flip straight....more>>>
Oil prices rose back above $100 a barrel Monday as an oil spill in Texas closed a major shipping channel and continuing global tensions over the crisis between Russia and Ukraine brought upward pressure on prices.
Benchmark crude oil for May delivery was up 65 cents, or 0.7%, to $100.11 a barrel in electronic trading on the New York Mercantile Exchange.
An oil spill over the weekend....more>>>
In a sign of just how bleak retirement prospects have gotten, more than a third of Americans say they will have to work until they literally can’t anymore.
A new Wells Fargo study found that 37% of people don’t ever expect to retire, but instead will have to “work until I’m too sick or die.” Survey respondents say paying the monthly bills is their highest priority,....more>>>
Canada’s latest manufacturing data could portend a strong third quarter for the economy, after last quarter’s gross domestic product (GDP) growth was undermined by historic flooding in Alberta and a province-wide strike in Quebec.
According to Statistics Canada, manufacturing sales climbed 1.7 percent month over month in July, to CAD49.5 billion, a solid rebound following June’s....more>>>
TheEconomicCollapseBlog.com has a shocking post entitled, “20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind,” which might make you want to consider shorting or reevaluating any investment strategies involving retail or retail ETFs like the SPDR S&P Retail ETF (NYSEARCA: XRT), PowerShares Dynamic Retail ETF (NYSEARCA: PMR), Market Vectors Retail ETF (NYSEARCA:....more>>>
The stock market has pretty much gone up in a straight line in 2013. In fact, the Standard & Poor’s 500 hasn’t suffered a 10% price correction since late 2011. Some key ingredients that normally spark corrections are showing up in the market: rising optimism; a coming shift to tighter monetary policy; richer valuations; an aging bull; and a big investor appetite for IPOs. Is the....more>>>
Change, it’s been said, doesn’t cost a thing. Try telling that to investors today.
On September 10, S&P Dow Jones Indices announced that it was removing three stocks from the the Dow Jones Industrials and replacing them with three others. Out went Alcoa (AA), Bank of America (BAC) and Hewlett-Packard (HPQ), while Goldman Sachs (GS), Visa (V)....more>>>
With shares of Target (NYSE:TGT) trading around $59, is TGT an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:
T = Trends for a Stock’s Movement
Target operates general stores in the United States as well as online, where it sells merchandise at discounted prices. It operates in three segments:....more>>>
Private foundations with less than $50 million in assets saw their endowments grow in 2013 for the second consecutive year, Foundation Source, a service provider, reported Wednesday.
The growth in foundation endowments was the product of both a 14.7% increase in investment returns and a 7.9% rise in new contributions by funders.
Foundation assets grew even though charitable distributions....more>>>
Next year, according to a report from the International Energy Agency, global, non-OPEC oil production will see the most growth and output in four decades, writes Grant Smith of The National.
The International Energy Agency (IEA) estimated on Friday that non-Opec oil producers, led by the United States, Canada, and Kazakhstan will bolster supplies next year by the most since the 1970s,....more>>>
LNG exports! LNG exports! It has such a ring to it, and it is on the mind of almost any person in the energy space. So, how is it that this industry that is poised to explode actually shrank by 0.9% in 2012? Well, it just goes to show you the nascent form this industry is in. One of the biggest reasons why global LNG trade is down is, in large part, because the U.S. no longer needs it. Our LNG imports....more>>>
Another quarter is in the books, and not all that much has changed at healthcare giant Johnson & Johnson (NYSE:JNJ). The company’s drug business continues to grow exceptionally well, lifting margins along the way. Meanwhile, the recovery in the consumer business continues to be slow, as is the progress in producing better growth from the large device business. Although I’ve been....more>>>
RALEIGH, N.C. (AP) — Assembling one of the largest package of tax breaks and other incentives in North Carolina history earned the state consideration for as many as 7,250 Boeing aircraft manufacturing jobs — but its $683 million offer was dwarfed by Washington state’s winning promise of nearly $9 billion in corporate sweeteners.
North Carolina and about 20 other states offered....more>>>
On Wednesday, the respected hedge-fund manager David Tepper, who runs $20 billion at Appaloosa Management, told an investing conference that “the market is kind of dangerous right now.…I’m nervous. I think it’s nervous time right now.”
That’s for sure. The Dow Jones Industrial Average dropped 167 points on Thursday, or 1%, as investors flipped from complacency to anxiety in a....more>>>