Market Gawk

United States Market and Economy

August 29th, 2007

links for 2007-08-30

Credit Crunch: Sizing Up Potential Damage
The mortgage industry and consumption activity are among the culprits dampening the U.S. economy
(tags: economics stocks finance)

Thoughts On Trading, Discipline, and Integrity
Trading discipline begins with personal discipline. And personal discipline begins with integrity–and doing the right thing even with the little things.
(tags: trading)

Checkpoint Systems Inc. (CKP) | Wallstrip
Most successful traders […]

Original post by FeedZilla

August 29th, 2007

Tech Stocks: A Summer of Love

New products—plus buybacks, dividends, and enticing valuations—lure investors into technology names

Original post by FeedZilla

August 29th, 2007

Nasdaq Leads Rebound As Market Shifts

A late surge propelled the NASDAQ in higher volume Wednesday, delivering a possible turning point 14 the stock market’s correction.

Original post by FeedZilla

August 29th, 2007

Barron’s Online: Dancing with Stars

Lake Partners has the right moves for both up and down markets.

Original post by FeedZilla

August 29th, 2007

Greek Shipping Company Helps Satisfy Chinese Appetite For Coal

China dethroned the U.S. last year as the world’s largest emitter of carbon dioxide, a Dutch policy group reports.

Original post by FeedZilla

August 29th, 2007

Stock Screen: High-Def TV Play Offers Dividend and More

Investors should tune in to shares of this maker of broadcast transmission gear.

Original post by FeedZilla

August 29th, 2007

Market Recap for 8/29/2007

Strength in the technology sector, a dollar that gained ground against the yen, and a shortage of news from the economic front helped the market bounce back almost entirely from its Tuesday decline…(Read More)

Original post by FeedZilla

August 29th, 2007

Pakistan Pres. Musharraf may resign as military chief

SAN FRANCISCO (MarketWatch) — Benazir Bhutto, Pakistan’s exiled former prime minister, said Wednesday that President Gen. Pervez Musharraf had agreed to step down as military chief in a move she expected before the next presidential election, according to a media report Wednesday. Bhutto also told the Associated Press in an interview that corruption charges would be dropped against her and other lawmakers. Bhutto, who left Pakistan in 1999, has been in negotiations with Musharraf over a power-sharing deal. Musharraf seized power in a 1999 coup. Bhutto and other opposition leaders say the constitution requires Musharraf to relinquish his role as military chief before he seeks another presidential term.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

August 29th, 2007

Top US investment banks have sufficient liquidity-Moody’s

NEW YORK (MarketWatch) — Rating agency Moody’s said Wednesday that the leveraged loan commitments of the major US investment banks do not have negative rating implications at this time. ”Firms have sufficient liquidity to fund their commitments, while continuing to maintain strong liquidity profiles and the earnings impact of marking down the commitments to reflect today’s wider credit spreads should be manageable,” the agency said in a report published Wednesday. The author said he believes that the firms, goldman Sachs , Morgan Stanley , Merrill Lynch , Lehman Bros and Bear Stearns , have sufficient earnings strength and diversification to be able to absorb the necessary mark-downs on the loan pipeline while still generating positive, albeit depressed, earnings and a respectable level of profitability.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

August 29th, 2007

CORRECT: GenTek’s quarterly profit rises 19%

SAN FRANCISCO (MarketWatch) — GenTek Inc. on Wednesday reported second-quarter net earnings of $5 million, or 43 cents a share, up 19% from $4.2 million, or 38 cents a share, in the year-ago period. The Parsippany, N.J.-based provider of inorganic chemical products and services said revenue in the period ended June 30 rose 7.5% to $159.5 million from $148.4 million last year. Shares of GenTek fell 2.3% to $30.65 in Wednesday afternoon trade. (Corrects figures for per-share earnings.)Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla