It seems like the biggest story of the last 4 weeks, the problems at two Bear Stearns hedge funds involved in subprime mortgage backed securities, is coming to an end. In a letter to clients (subscription required) Bear had this…
Kirk has a post up from last Monday on Socially Responsible Investing that I want to recommend to you all. Alot of people have no interest in socially responsible investing because they believe that investing this way hurts your results. …
The big gossip story on Wall Street the last couple of days is the revelation that John Mackey, CEO of Whole Foods, posed as a character by the name of “Rahodeb” (an anagram on the name of his wife, Deborah)…
“What you’re seeing is a very cautious shopper that’s pulling back on major purchases.” – Donald Soares (subscription required), Principal at Capgemini’s retail practice “This is a remarkable two-day turnaround.” – Uri Landesman (subscription required), Senior Portfolio Manager, ING Investment Management “…….
One of the challenges all of us in the investment business, and in modern life generally, face these days is dealing with information overload. There is so much excellent information out there. But if you try to cover it all,…
Foster City, CA based Gilead Sciences (GILD) has been on a tear the last 2 years – up more than 250% – on the strength of its leading suite of AIDS drugs: Truvada, Atripla and Viread. It is also a…
Sacrameno’s best known public company, McClatchy Co. (MNI), owner of the Sacramento Bee, Miami Herald and other major newspapers, has been one of the worst stocks in the entire market the last couple of years. On top of an industry-wide…
“The fallout of the subprime meltdown on financial services companies that hold some of the debt creates some risk to earnings. The financials make up over 25% of earnings for the S&P 500, so a series of disappointments in financials…
“There’s anticipation that second quarter earnings will be better than expected.” – Jim Herrick (subscription required), Head Trader, Robert W. Baird “We think people are gunning to the low side on where earnings should come in…. We think analysts have overdone…
Every market needs a sector or sectors to lead it (up or down) and every investor should know what they are. (This is one of the points from William O’Neil’s How To Make Money In Stocks that I’ve really taken…