Home

financial recovery

Credit Cards: Still No Sign of Recovery

Fri, 09/25/2009 - 02:51 by Morgan Housel

Moody's released an industrywide report on credit card quality earlier this week, and there's really only one takeaway from it: There's no recovery in the credit card industry.

Do These 3 Things Before the Recovery Comes

Fri, 09/18/2009 - 02:55 by Dan Caplinger

After a recession that has seen millions lose their jobs and has cost investors trillions of dollars, the early signs of recovery that have appeared in recent months have nearly everyone hoping for economic growth.

Citigroup Wants Taxpayers Out of Its Hair

Wed, 09/16/2009 - 03:17 by Morgan Housel

Good news! Citigroup (NYSE: C) -- now 34% owned by taxpayers -- is developing a plan to rid itself of its ward-of-the-state status.

Expert Summit: When Will Earnings Recover?

Tue, 09/15/2009 - 02:01 by Jennifer Schonberger

The second-quarter earnings season was watched particularly closely as investors used the reports to understand how corporations from Intel (Nasdaq: INTC) to Deere (NYSE: DE) were wading through the recession. Investors had feared a problematic earnings season, but -- thanks mostly to cost-cutting initiatives -- three-quarters of companies beat earnings expectations, including Whole Foods, (Nasdaq: WFMI) Visa (NYSE: V), and Alcoa (NYSE: AA).

Still Waiting for Early Signs of a Banking Recovery

Tue, 08/18/2009 - 23:37 by Morgan Housel

As of late, euphoria in bank stocks has rest on a simple prediction: The losses that brought so much pain over the past two years are finally coming to an end.