Avoid These Investment 'Bargains'

When is "such a deal" not such a great buy?

Is Your Fund a Cash-Flow Champion or Convert?

We're more confident in funds where cash has long been king.

Japan’s Itochu to Buy Stake in Food Firm

Itochu, Japan’s fourth-largest trading house, announced Thursday that it had agreed to pay $710 million to pick up a a 20 percent stake in Chinese food processing company Ting Hsin Holding. Japan’s big trading houses, whose coffers are full due to smart bets on iron ore and metals, are pushing into the processed food [...]

TPG’s Nissin Deal Runs Into Trouble, Report Says

TPG is at risk of losing a substantial amount of money it coughed up to invest in a Chinese leasing venture after a business dispute in which local police were called in to remove the private equity firm’s representatives, The Financial Times reported, citing people familiar with the matter. In deal sewn up in February, the [...]

Recession fears drive European stocks down

European shares sank to their lowest level in over five years on Thursday as fears over the severity of global recession fuelled the continuing sell off in financials and commodities

AstraZeneca wins first round in Teva litigation

LONDON (AP) -- AstraZeneca PLC won the first round of a legal fight over the release of a generic version of its child asthma medication Pulmicort Respules by rival Teva Pharmaceutical Industries Ltd. on Thursday as it also unveiled job cuts in Europe....

Hunting for a Brainy Computer

From Steve Lohr at Bits: Want a really intelligent digital assistant? Well, it certainly won’t be ready for this holiday season, but that is the long-range goal of a $4.9 million grant from the government’s Defense Advanced Research Projects Agency to five universities and I.B.M. Research. More »

PepsiCo to reaffirm full-year 2008 core EPS guidance

(Reuters) - Pepsico Inc on Thursday was to reaffirm full-year 2008 core EPS guidance. Highlights:

Perella Says Market Pain Could Get Worse

Like everyone else watching the stock market these days, veteran dealmaker Joseph Perella is looking for the bottom. A day before the Dow Jones industrial average fell below 8,000, Mr. Perella gave his take on the bear market, and it wasn’t particularly optimistic. “The question of the day remains where is the bottom,” Reuters quoted [...]

Banks, Steelmakers Weigh on Shares

European stocks saw a fresh round of selling, paced by banks and steelmakers, on concerns of a lingering global recession that few firms will be able to escape.