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L.A. Times - Business:
The California firm reportedly is filing for an IPO soon. Some analysts wonder how much interest it would spark among investors, given the implosion of shares of ethanol producers. (Read More)
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Brendan Wagner submits:The Gap (GPS) reported earnings of 44 cents for the fiscal third quarter, right in line with the guidance they updated back on November 5th. They also announced a $500 million stock buyback.Gross margin (Read More)
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Tom Brown submits: If you want to know which beaten-up bank stocks will provide the most ample returns from here, go back and look at what happened last cycle. Back in 1990, after bank stocks bottomed in November, the charge (Read More)
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Joe Eqcome submits:Having the privilege to have met Sir John Templeton, the founder of The Templeton Funds, I was stuck not only by his crushing intellect but also by his sense of optimism regarding investing. Warren Buffett, (Read More)
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Vinny Catalano submits:So, here we are. More than two years into what started out as a credit crisis, one plus year after the Lehman collapse and a question that pertains to the one of the central workings of the equities mar (Read More)
The Guardian:
The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companiesIn a decade dominated by the rise of China, the expansion of the internet and the p (Read More)
www.guardian.co.uk:
On the 10th anniversary of Paul Bowles's death, Paul Theroux remembers the writer and traveller who set him on his wayThe Sheltering Sky was Paul Bowles's first novel and, although he honed his art almost to his dying day – n (Read More)
Yahoo! News: Stock Markets News:
AP - Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report. (Read More)
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AP - Investors can't shake their fears that the economy isn't keeping up with the stock market. (Read More)
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Ockham Research submits: On Wednesday we wrote a piece talking about the strange upgrade of Pulte Homes (PHM) by an analyst at Citigroup (C). At that time (Upgrade Trumps Macro-Economics for Homebuilders), we reiterated our (Read More)
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Felix Salmon submits: Last Friday, Jason Kelly put up a very funny blog entry about his launch of a pair of fictional 100x levered ETFs, with the ticker symbols SOAR and SINK: Kelly Capital will reset and relaunch the funds (Read More)
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Reuters - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc. (Read More)
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Barron's Most Viewed Today:
Joseph Mabry sold 34,639 shares of the home-improvement firm. (Read More)
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Yahoo! News: Earnings News:
NewsFactor - Dell's earnings are up and expectations are solid, but the company's stock still took a hit Friday afternoon after analysts signaled the company isn't playing a key role in the PC market recovery. Dell's shipment (Read More)
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Dobromir Stoyanov submits:Consolidated Edison, Inc. (ED), through its subsidiaries, provides electric, gas and steam utility services in the United States. It provides electric service to approximately 3.3 million customers a (Read More)
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Yahoo! News: Business - European Economy:
AP - World stock markets fell Friday amid mounting concerns about the pace of the U.S. economic recovery following a disappointing earnings update from computer maker Dell Inc. (Read More)
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Reuters - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering. (Read More)
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washingtonpost.com - U.S. Economy:
NEW YORK -- Stocks fell in early morning trading Friday as the dollar continued to strengthen, and after a week of mixed economic reports.
. (Read More)
Yahoo! News: Business - European Economy:
AFP - Europe's main stock markets steadied on Friday one day after equities slumped on jitters regarding the economic outlook, traders said. (Read More)
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