The U.S. Consumer Product Safety Commission recalled more products in fiscal 2008, the bulk of which were made in China, the Consumers Union says.
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WASHINGTON (AP) -- Treasury Secretary Henry Paulson said Tuesday that China must continue allowing its currency to rise in value against the dollar as part of reforms to address trade tensions with the United States....
Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today
Tue, Dec 2, 11:31 AM ET
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but recall the moment eight years ago when I realized the U.S. auto industry was skidding toward a financial c...
If you were counting on gold to boost your returns this year, chances are you’ve been cruelly disappointed. In fact, when it comes to gold-related investments, virtually every category is down, making this one of the worst years in history for gold investors. So, why is it that the largest of the large futures traders have some of the lowest net short positions in years? And what does thi...
China's online gaming pioneer beats the pros.
Dr. James Schlesinger says the U.S. attitude towards oil “has only two modes – complacency and panic.” Schlesinger should know. In the 70’s he closely watched the Middle East as the U.S. Secretary of Defense. Then he would move onto become the first U.S. Secretary of Energy when oil prices were really starting to move up during the Carter Administration. He was in the th...
Good morning. Following the fourth-sharpest point decline in the Dow ever, premarket futures are showing a positive bias. Frankly, it's been difficult to understand why the premarket futures are in rally mode other than for the big loss yesterday. Along with expectations for another bad quarter at Goldman Sachs, earnings news for the most part continue to disappoint. Companies like Beazer Homes...
On Today’s Calendar: nothing More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. Also be sure to check my typical swing trade entry & exit rules. Potential day trades: (From Briefing.com) Gapping Down In reaction to disappointing earnings/guidance:...
Filed under: General Electric (GE), Market matters, Caterpillar (CAT), Goldman Sachs Group (GS), United Technologies (UTX), Federal Reserve, Cramer on BloggingStocks, Recession, Financial Crisis From TheStreet.com Network Goldman To Report $5/Share Loss: Report Bernanke: Lower Rates Are 'Feasible' TheStreet.com's Jim Cramer says the ECB, BOE and unemployment will determine whether we take out t...
Kohlberg Kravis Roberts plans to invest $100 million in a Chinese dairy-farm business, Bloomberg News reported. The buyout firm reportedly plans to to scoop up a minority stake in Modern Farm, making China Mengniu Dairy, the country’s largest liquid milk producer, its partner. Last year, China’s dairy industry was worth $18 billion. Go to Article from [...]