Markets
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January 13, 2010 - 0 comments
Portland -- An employee at a FedEx Kinko's store in Portland said a man allegedly handed him a note explaining he was robbing the store, but would wait around for police.
January 12, 2010 - 0 comments
London-- The chief executive officer of the Royal Bank of Scotland said Tuesday in a government hearing that his parents thought he was paid too much.
If you're like me, you probably think you've got it all
figured out -- the important stuff, anyway. But just in case,
I have a story I hope you'll take a moment to read.
One of my favorite analytical techniques involves slicing
and dicing the Fool's universe of recommendations and
scanning the results for emergent trends. That's step one.
Step two involves comparing those patterns with developments
in the economy, the broader universe of stocks, and the
market's history.
I realize the market is a discounting machine -- with
investors collectively trying to anticipate future events and
price shares accordingly -- but let's face it: This rally is
ridiculous.
I assume that you, like everyone and his Aunt Audrey,
would love to find the next
Wal-Mart -- to dig out the market's most
precious small companies. Back in October 1977, Wal-Mart
traded at a split- and dividend-adjusted price of $0.05 per
share. Today, it trades for around $54. In a little more than
30 years, Wal-Mart has turned a $5,000 investment into $5.4
million.
The brand new trading year begins. After a robust 2009,
mutual fund managers will be happy to begin touting what
should be positive results for the trailing 12 months for a
change. Things should be quiet on the trading front, with
only a couple of foreign companies and
Ark Restaurants reporting their quarterly
results.
December 31, 2009 - 0 comments
Detriot -- The U.S. Treasury Department is set to extend $3.5 billion in new TARP funding to automobile finance firm GMAC, sources close to the deal said.
Some stocks are one-hit wonders, making a big splash when
they first appear, then quickly fizzling into obscurity or
oblivion. But for other stocks, that initial big move is only
a preview for even
bigger and better gains to come.
Brian Richards and I wrote back in March that we
thoughtthe
dollar might be doomed. That was because:
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