Word on the Street
on Nov 13, 2009 in Investment Ideas Buffett Business Economic Economics Economy Finance Investment Investors Market Money News Recession Stocks Billionaire investor extraordinaire Warren Buffett, on his tour of NY, told an audience of Columbia University students last night that the worst of the financial global crisis is over. Moreover, he said that stocks have bottomed out and look pretty...

Stocks Surge!
on Nov 9, 2009 in Industry Discussions Business Economic Economics Economy Finance Investing Investors Money News Recession Stock Market Stocks The Dow Jones industrial average stormed to its highest level in more than a year during today’s trading session…      ...

10 Investment Axioms
on Nov 8, 2009 in Investment Ideas Business Economics Finance Invest Investing Investment Investors Money Stock Market Stocks I recently began rereading one of my all time favorite investment books – Full of Bull by Stephen T. McClellan. McClellan’s a national best-selling author, writer and former Wall Street investment analyst with over 32 years of experience covering...

Corporate Governance: TSX 60 holds some bad apples
on Nov 7, 2009 in Industry Discussions Business Canada Corporate Finance Governance Invest Investments Investors Market Stock Market Stocks Interesting piece from the CBC…   Canadians who watched smugly as American regulators cracked down on big executive bonuses, thinking that we do better here, may have to think again.   A recent study suggests 12 of the companies in Canada’...

U.S. Job Report
on Nov 6, 2009 in Industry Discussions Business Economic Economics Economy Finance Job Jobs Labor Money News Recession The Labor Department reported today that the U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years.   Nonfarm payrolls dropped by 190,000 in October, bringing to total number of jobs lost in the rec...

GM Makes a U-Turn
on Nov 4, 2009 in Industry Discussions Auto Automobile Automotive Business Canada Car Finance Government Money News Earlier today, General Motors announced its decision to scrap the sale of Opel to Magna International, leaving many politicians, analysts and managers dumbfounded and prompting workers to plan walkouts in protest…    ...

Invest with Buffett
on Nov 3, 2009 in Investment Ideas Business Finance Invest Investing Investors Market Money Stock Market Stocks If you always wanted to invest alongside Warren Buffett, but found it too expensive, you now have your chance.   Buffett’s decision to conduct a 50-for-1 split of Class B shares of his Berkshire Hathaway Inc. lowers the price of entry for ordi...

Ford Swings to Sweet Profits
on Nov 2, 2009 in Industry Discussions Business Finance Economics Stocks Market Cars Auto Management Economy Auto Industry Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised the market today by reporting net income of nearly $1 billion in the third quarter.   Hats off to CEO Alan Mulally for his turnaround strategy…I kno...

Forex: Understanding the Canadian Dollar’s Rise
on Oct 28, 2009 in Industry Discussions Business Canada Economic Economics Economy Finance Investing Markets Money News Trading Reasons for the Loonie’s recent surge …   To understand the loonie’s inevitable move to parity, investors need to look beyond commodity prices, says George Vasic, UBS strategist.   “For the longest time, commodity prices were all...

U.S. Bank Failures Break 100
on Oct 24, 2009 in Industry Discussions Business Finance Money Economics Market Banking Banks Economy Bank Government Recession News For the first time since 1992, more than 100 banks have been closed by U.S. regulators in a single year. Yesterday, seven banks (three in Florida and one each in Georgia, Wisconsin, Minnesota, and Illinois) were closed pushing the 2009 total bank fai...