Earthquake stuns Chinese market – but creates new value
US investors fearing the worst from a recent earthquake made their worries apparent. The Chinese ADR index, which tracks Chinese stocks listed on American exchanges, dropped to its lowest level in two weeks on fears that the earthquake stricken areas are likely to suffer economically as well. While the short term implications are that there [...]
Wall Street Rumors – May 15, 2008
Daily rumors covering the global markets. Subscribe to the daily update feed here.
CBS Agrees to Buy CNET
CBS Corp. (NYSE:CBS), agreed to acquire online news provider CNET Networks Inc., (NASDAQ:CNET), for about $1.8 billion, just as CNET’s battle with dissident shareholders was heating up.
IAC to Buy Lexico to Boost Its Ask.com
As part of [...]
The next bubble made of renewable energy
First it was technology, then real estate, oil, and the rest of the commodities, including food, but what comes next in this wild market of endless bubbles. Where is the next big sector?
Alternate energy
No sector looks as good as alternate energy, whether bio-fuels, solar panels, or high mileage cars. The boom in oil prices and [...]
Wall Street Rumors – May 14, 2008
Daily rumors covering the global markets. Subscribe to the Daily Rumor Update Here.
Freddie Mac to Raise $5.5 Billion
Freddie Mac, NYSE:FRE, on Wednesday posted its third straight quarterly loss, though it narrowed substantially from the fourth quarter on accounting changes, as the agency announced plans to raise $5.5 billion in new core capital and [...]
We’re Hiring in May
With summer fast approaching, we are planning to add a few members to the Investor Trip team.
Here’s what we’re looking for:
Requirements
Must be passionate about finance and/or investing topics
Must Speak English very well
Must be familiar with basic HTML and web language
Experience with Wordpress and Vbulettin a plus
Options Trading Writer
Seeking an experienced options trader to contribute articles [...]
Best Investment Strategy in Recession: Buy Stocks
Many investors have turned in favor of traditionally safe investments in bonds and money market accounts to protect their capital. While these investments rarely go sour, they are indeed more likely to fall due to rising inflation. Attempts to protect money from instability in the markets exposes investments to new threats: rising inflation and a [...]
Wall Street Rumors – May 13, 2008
Daily rumors covering the global markets. Subscribe to the Daily Rumor Update Here.
H-P Agrees to Buy EDS, In Challenge to Rival IBM
Hewlett-Packard Co. (NYSE:HPQ), said it agreed to pay about $13.25 billion, or $25 a share, in cash to buy Electronic Data Systems Corp., NYSE:EDS), setting the stage for a challenge [...]
Comparative analysis and its impact on the market
The news has certainly shifted away from standard analysis to a unique form of comparative analysis. It seems as though the markets are growing accustomed to falling weaker, and a comparative analysis trend is the only thing keeping prices afloat.
Job data correlation
When job data was released just this month, the result in the market [...]
Wall Street Rumors – May 12, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
AIG Leasing Unit Mulls Split-Up
American International Group Inc.’s (NYSE:AIG) troubles are prompting one of the insurer’s most-profitable units — an airplane-leasing giant run by one of AIG’s largest shareholders — to consider seeking a split from the company, according to people familiar with [...]
Why China’s inflation is running out of control
China’s growth has also spurred a new trend: runaway inflation, along with soaring food and fuel prices. As China’s stock markets roared, the amount of money flowing into China grew at extreme rates. Coupled with the high central bank rates and an ever increasing trade surplus, credit and money has been flowing into China. The [...]
