Tag Archive
Spains Pains – US-FOREX.US
Pity Spain. While stimulus packages offered by the German and French governments quickly helped lift those nations out of recession in the past quarter, Spain had no such luck, and shrank by a more-than-expected 1% quarter-on quarter, its National Statistics Institute said Friday.It also doesn’t look like the situation will pick up any time soon…. »
Time To Exit REITs – US-FOREX.US
Last week was a big one for real estate investment trusts. Several REITs beat analyst expectations and that sent the sector soaring in a market that was already optimistic. The NAREIT Equity Total Return Index gained 16.5% as investors sighed with relief at an industry which a few months ago looked ripe for bankruptcies. Now… »
Builders Bottom – US-FOREX.US
This week hasn’t been kind to the nation’s publicly traded home builders, a group that built its collective tract home at ground zero of the subprime mortgage detonation. On Monday, Pulte Homes had the unpleasant task of reporting an even worse quarterly loss than last year. Then, on Tuesday morning, D.R. Horton surprised investors with… »
Which Airlines Are Solvent – US-FOREX.US
A list of the airline industry’s woes already looked long. They’ve struggled with volatile fuel prices, too many seats for too few passengers and a global recession that has led to a drop in business and leisure travel. Here comes another one: billions in bonds and bank loans are coming due over the next year…. »
Fiats Issue Is Debt Not Profit – US-FOREX.US
There is a chance that Italian carmaker Fiat will surprise the market with a return to profitability on Wednesday. However, the market will be more concerned about the firm’s progress in lightening its cumbersome debt load.
Fiat
could post a net profit of between 31 million euros to 40 million euros according to some analysts… »
All Eyes On Fiats Debt – US-FOREX.US
Could Italian carmaker Fiat surprise the market with a return to profitability when it posts its second quarter results on Wednesday? It may well do, but the market will be more concerned about the firm’s progress in lightening its cumbersome debt load.
Fiat
could post a net profit of between 31 million euros to 40 million… »
California Wont Default – US-FOREX.US
California’s ongoing struggle to close its budget gap may cause headaches for those collecting IOUs from the state. But investors holding California’s 59 billion in general obligation bonds shouldn’t worry, say some municipal market participants. The state may stiff everybody else, but it’s unlikely to bilk bondholders. Issuing IOUs may seem like a warning of… »
Deutsche Bank Set For Success – US-FOREX.US
Goldman Sachs and JPMorgan, riding the tailwind of government support and record-low interest rates, reported solid quarters. Germany’s Deutsche Bank, which benefited from the U.S. bailout efforts by taking government money through AIG, is also looking at a strong quarter.The figures suggest that “Deutsche Bank will report the strongest second-quarter results,” wrote Nomura European banking… »
Gannetts Reckoning – US-FOREX.US
Weak, weak, weak, that’s the outlook for media and advertising company Gannett, says JPMorgan Chase analyst Alexia Quadrani. She has a neutral rating on the stock as Gannett report earnings Wednesday.Though noting that Gannett Co.
is “one of the cheapest stocks in our universe,” Quadrani writes, “we see no positive near-term catalysts for GCI stock.” Quadrani… »
Buy Goldman Sell The Economy – US-FOREX.US
Meredith Whitney thinks you should buy Goldman Sachs, but not because the economy’s improving or things are going well in the financial market. On the contrary, she expects a tidal wave of public debt to fill massive government budget gaps, and the way she sees it, someone has to be the market’s facilitator.”This is not… »