In the News:
Major U.S. Stocks Drop to Decade Lows
As U.S. Stocks continue their downward spiral many of the most well-known name are plunging to decade or more lows. General Motors is almost at a 70-year low. Among the other companies that have fallen and not able to get up include General Electric, Harley Davidson, Alcoa, Macy's, Microsoft, Southwest Airlines, Sara Lee, News Corp. Starwood Hotels, Kodak, Gannett, Intel, Newell Rubbermaid, International Paper and more.
http://www.247wallst.com/2008/11/major-sp-stocks.html
The New Subprime: FHA-Backed Loans
The subprime wolves are back. The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more.
http://www.businessweek.com/magazine/content/08_48/b4110036448352.htm?chan=top+news_top+news+index+-+temp_top+story
Major stocks hit 10-year lows, the new subprime & america's best leaders - Today in Money 11/20
6 stocks with little debt and lots of cash, 5 potential year-end surprises & your homes' value dropping $54/day - Today in Money 11/19
In the News:
6 Stocks With Little Debt and Lots of Cash Flow
Big, reliable dividends never go out of fashion and these six stocks make the grade. They include the Gap, Altria, 3M, Intel, Barnes & Noble and Marathon Oil.
http://www.smartmoney.com/Investing/Stocks/6-Stocks-With-Little-Debt-Lots-of-Cash-Flow/
5 Potential Surprises to Years' End
2008 will go down as a disastrous year for most of the U.S. and it isn't ven over yet. With just a little over a month to go there is still time for more to happen. Here are five additional twists and turns that could still happen.
http://www.marketwatch.com/news/story/Five-potential-surprises-years-end/story.aspx?guid=%7BE9371851%2D72B4%2D4823%2DBF95%2DFFBE75925EB0%7D
6 unknowns hurting the market today, beneficiaries of consumer cutbacks & big budget busters - Today in Money 11/17
In the News:
The 6 Unknowns that Are Roiling the Market Today
How bad will layoffs be? How happy with the holidays be? How low will the stock market go? After weeks of mad volatility, even long-time market observers are baffled by what's ahead for stocks. The general future is too uncertain.
http://www.businessweek.com//investor/content/nov2008/pi20081114_324602.htm?campaign_id=twxa
Americans Go From Spendthrifts to Frugal in Record Time
As economic news has worsened and recession appears inevitable, Americans' spending habits have swung from one extreme to the other. After years of free-spending and saying "charge it" at every turn, Americans are using words such as "scrimp and save" and "scrape up some cash." Here's what some people are doing to cut back today.
http://www.usatoday.com/money/perfi/basics/2008-11-16-thrift-saving-frugal_N.htm
Best B-Schools, turkey day food cost cuts & 7 tips to shop closeout sales - Today in Money 11/14
In the News:
Best Business Schools of 2008
BusinessWeek's 11th biennial ranking of the top B-schools shows a lot of changes and a lot of surprises this year. University of Chicago retains its top spot from 2006 with ambitious students, academic rigor, and a top-notch faculty. Rounding out the top five are Harvard Business School, Northwestern's Kellogg, University of Pennsylvania's Wharton School of Business and University of Michigan's Ross School. Columbia Business School saw the biggest improvement as it rises to # 7.
http://images.businessweek.com/ss/08/11/1112_best_business_schools/1.htm
Table: Full Rankings
Thanksgiving Food Cost Cuts
In the midst of the worst holiday economy in decades, foodmakers and grocers find themselves offering special deals at a time of year when they're more accustomed to doing the turkey trot for profits. Butterball is watching for turkey poaching by cheaper private labels. Ocean Spray is rolling back cranberry sauce prices. Giant Food, in some states, is giving away free turkeys to its best customers. One thing's for sure: Many folks will find ways to trim costs. Check out these Turkey Day maneuvers.
http://www.usatoday.com/money/industries/food/2008-11-13-thanksgiving-cost-cutting_N.htm?loc=interstitialskip
Big stocks fall below $10, 8 reasons to skip black friday sales & great paychecks for retirees - Today in Money 11/13
In the News:
Market Downturn Pushes Top Stocks Under $10
It has been almost impossible for most stocks to avoid the carnage and mayhem of late. These are the latest to fall under $10/share. They include Starbucks, Limited Brands, Southwest Air, Whole Foods and Radio Shack.
http://www.247wallst.com/2008/11/as-market-plu-1.html
8 Reasons You Should Skip Black Friday Sales
Many people look forward to Black Friday and all the deals. But it's important to remember that this event was created to lure customers. The bold fliers with incredible-sounding deals may beckon you to start loosening your wallet strings, but they shouldn't. Black Friday shopping may very well put you in the red.
http://www.mainstreet.com/article/lifestyle/money-sapping-secrets-black-friday-sales
How low can stocks go?, tuition-free colleges & famous defunct auto brands - Today in Money 11/12
In the News:
How Low Can Stocks Go?
The number of stocks hitting 52 or multi-year lows this week is staggering. From Google and GE to Kellogg and Saks it is either a great time to buy this great companies or maybe not.
http://www.bloggingstocks.com/2008/11/11/numbers-of-stocks-near-52-week-lows-is-staggering/
Pssst! Wanna Go to College for Free?
Ever thought the only way your children were going to get a free college education was if they were football stars? Think again. Most parents would love to send their kids to college for free but probably don't believe it's possible. It is -- if you know where to look. Here are 10 tuition-free colleges to consider.
http://www.businessweek.com/investor/content/nov2007/pi20071113_819956.htm?chan=rss_topStories_ssi_5
Also: Tuition Free Colleges
How Low Can Stocks Go?
The number of stocks hitting 52 or multi-year lows this week is staggering. From Google and GE to Kellogg and Saks it is either a great time to buy this great companies or maybe not.
http://www.bloggingstocks.com/2008/11/11/numbers-of-stocks-near-52-week-lows-is-staggering/
Pssst! Wanna Go to College for Free?
Ever thought the only way your children were going to get a free college education was if they were football stars? Think again. Most parents would love to send their kids to college for free but probably don't believe it's possible. It is -- if you know where to look. Here are 10 tuition-free colleges to consider.
http://www.businessweek.com/investor/content/nov2007/pi20071113_819956.htm?chan=rss_topStories_ssi_5
Also: Tuition Free Colleges
8 safe stocks to buy now, the end of dividends & best things to buy in bulk - Today in Money 11/11
In the News:
8 Safe Stocks to Buy Now
These household names will hold up no matter how bad things get. They include General Dynamics, Google, J&J, American Tower, Oracle, Accenture, Thermo Fischer Scientific and Automatic Date Processing.
http://www.kiplinger.com/columns/picks/archive/2008/pick1110.htm
The End of Dividends
The big dividend was a hallmark of the big bull market. Now, the dividend is going the way of extinction. Among companies you can expect to see sharply lower dividends or no dividend at all in the future are Bank of America, Wells Fargo, New York Times, Gannett, CBS and General Electric.
http://www.247wallst.com/2008/11/the-end-of-divi.html
8 Safe Stocks to Buy Now
These household names will hold up no matter how bad things get. They include General Dynamics, Google, J&J, American Tower, Oracle, Accenture, Thermo Fischer Scientific and Automatic Date Processing.
http://www.kiplinger.com/columns/picks/archive/2008/pick1110.htm
The End of Dividends
The big dividend was a hallmark of the big bull market. Now, the dividend is going the way of extinction. Among companies you can expect to see sharply lower dividends or no dividend at all in the future are Bank of America, Wells Fargo, New York Times, Gannett, CBS and General Electric.
http://www.247wallst.com/2008/11/the-end-of-divi.html
Dividend stocks; the S&P elite, when will tax changes come?, and Obama mementos a good investment? - Today in Money 11/7
In the News:
Dividend Stocks: The S&P Elite
These 28 companies have boosted their payouts in each of the past 25 years with top S&P STARS rankings. They include Abbott Labs, Aflac, Coca-Cola, ExxonMobil, Family Dollar, J&J, Kimberly-Clark, McDonalds, Pepsi, P&G, 3M, Wal-Mart and more.
http://www.businessweek.com/investor/content/nov2008/pi2008116_893947.htm
Tax Changes Coming, But When?
Taxpayers' bills will very likely change under President-elect Barack Obama's administration, but don't hold your breath for major tax changes as soon as he takes office. Here is what you can expect and when.
http://www.marketwatch.com/news/story/Obamas-plans-may-delayed-your/story.aspx?guid=%7B06D020A6%2D9797%2D4B89%2DB48C%2D6037BDA934FD%7D
Why it's finally time to buy stocks, best online sites to buy clothes & thriftiest billionaires - Today in Money 11/4
In the News:
Why It's Finally Time to Buy Stocks
After being overpriced for more than a decade, equities now trade at sensible-but not bargain-prices.
http://money.cnn.com/2008/11/03/news/companies/stocks_tully.fortune/index.htm
12 Survival Tips for Next Four Years If Your Candidate Loses
Nearly 50% of all voters, will be miffed, mad at, angry with, even hate the new president ... no matter who wins so be an optimistand look at the next four years as an 'adventure' and you'll win!
http://www.marketwatch.com/news/story/12-survival-tips-next-four/story.aspx?guid=%7B553BF989%2D92E6%2D4A91%2D82DD%2DE9532397B6FB%7D
November trading strategies, best bills to pay last & cost of living increases - Today in Money 11/3
In the News:
November Trading Strategies
After an October that rattled even the most confident investor, here are 12 ways to take shelter from the storm.
http://www.marketwatch.com/newscommentary/tradingstrategies
Huge Shift in Bank Deposits Happening
The exodus of money from the stock market and troubled banks is reshaping the financial industry as quickly as any government bailout. "People are panicked, and they want something as close to the mattress as they can find," says Mark Zandi, chief economist at Moody's Economy.com. "What we're experiencing now is something we have not seen since the Depression era."
http://www.usatoday.com/money/industries/banking/2008-11-02-banks-safe-deposits_N.htm
November Trading Strategies
After an October that rattled even the most confident investor, here are 12 ways to take shelter from the storm.
http://www.marketwatch.com/newscommentary/tradingstrategies
Huge Shift in Bank Deposits Happening
The exodus of money from the stock market and troubled banks is reshaping the financial industry as quickly as any government bailout. "People are panicked, and they want something as close to the mattress as they can find," says Mark Zandi, chief economist at Moody's Economy.com. "What we're experiencing now is something we have not seen since the Depression era."
http://www.usatoday.com/money/industries/banking/2008-11-02-banks-safe-deposits_N.htm
4 dividend stocks Cramer likes, 10 states on the brink & 10 things going right in America today - Today in Money 10/17
cIn the News:
4 Dividend Plays to Consider
Jim Cramer recommends Heinz, Coca-Cola, Water Management and Caterpillar. Cramer's strategy? Let hedge funds knock these stocks down and then use that an your entry point.
http://www.cnbc.com/id/27218316
10 States on the Brink
As the financial crisis unfolds and the economy weakens, many states are having a hard time paying their expenses. These ten states have the biggest budget holes and are the worst off in America. Topping the list is Arizona followed by California, Florida, Nevada, Rhode Island, Virginia, South Carolina, New York, New Hampshire and Alabama.
http://www.cnbc.com/id/27201866
Jim Cramer recommends Heinz, Coca-Cola, Water Management and Caterpillar. Cramer's strategy? Let hedge funds knock these stocks down and then use that an your entry point.
http://www.cnbc.com/id/27218316
10 States on the Brink
As the financial crisis unfolds and the economy weakens, many states are having a hard time paying their expenses. These ten states have the biggest budget holes and are the worst off in America. Topping the list is Arizona followed by California, Florida, Nevada, Rhode Island, Virginia, South Carolina, New York, New Hampshire and Alabama.
http://www.cnbc.com/id/27201866
Fed's next crisis: foreclosures, deja vu for Great Depression survivors & best buys for holidays - Today in Money 10/16
In the News:
Deja Vu for Great Depression Survivors
For Americans who lived through the Depression, the last few months have felt like deja vu. Many of them are pulling money out of the bank, shopping for discounts and warning younger relatives about darker days that may lie ahead.
http://money.aol.com/news/articles/_a/bbdp/deja-vu-for-great-depression-survivors/213535
The Feds' Next Crisis: Foreclosures
The financial system, perhaps, has been saved. Now, what about homeowners? Many argue that after the $250 billion bank capital injection the government must then stem the surge in foreclosures.
http://www.businessweek.com/magazine/content/08_43/b4105000306170.htm?campaign_id=twxa
Deja Vu for Great Depression Survivors
For Americans who lived through the Depression, the last few months have felt like deja vu. Many of them are pulling money out of the bank, shopping for discounts and warning younger relatives about darker days that may lie ahead.
http://money.aol.com/news/articles/_a/bbdp/deja-vu-for-great-depression-survivors/213535
The Feds' Next Crisis: Foreclosures
The financial system, perhaps, has been saved. Now, what about homeowners? Many argue that after the $250 billion bank capital injection the government must then stem the surge in foreclosures.
http://www.businessweek.com/magazine/content/08_43/b4105000306170.htm?campaign_id=twxa
Dividend stock traps, worst is yet to come for retailers, know your CD - Today in Money 10/14
In the News:
19 Stocks That Missed the Rally
A small group of S&P 500 companies missed out on a historic stock rally which saw the largest point increases in history for the S&P 500 and the Dow. Among them were General Electric, Gannett, Sears, KB Home to name a few.
http://money.cnn.com/2008/10/13/markets/no_rally/index.htm
Retail Shakeout: Worst Is Yet to Come
Experts warn that the credit freeze combined with slumping sales - and a likely dismal Christmas season - will force out many more retailers in 2009. Among those in danger are stores in the jewelry, household appliances, furniture and restaurant sectors. Department stores, home furnishings and specialty names are most at risk of bankruptcy or store closings.
http://money.cnn.com/2008/10/13/news/economy/retail_shakeout/index.htm?postversion=2008101313
19 Stocks That Missed the Rally
A small group of S&P 500 companies missed out on a historic stock rally which saw the largest point increases in history for the S&P 500 and the Dow. Among them were General Electric, Gannett, Sears, KB Home to name a few.
http://money.cnn.com/2008/10/13/markets/no_rally/index.htm
Retail Shakeout: Worst Is Yet to Come
Experts warn that the credit freeze combined with slumping sales - and a likely dismal Christmas season - will force out many more retailers in 2009. Among those in danger are stores in the jewelry, household appliances, furniture and restaurant sectors. Department stores, home furnishings and specialty names are most at risk of bankruptcy or store closings.
http://money.cnn.com/2008/10/13/news/economy/retail_shakeout/index.htm?postversion=2008101313
9 tips to tough out the times, money mistakes even smart people make & 10 reasons you aren't rich - Today in Money 10/13
In the News:
Trillions in Stock Value Gone: What Happened to Your Money?
Trillions in retirement savings -- gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll -- gone, gone, gone. But if you no longer have that money, who does? The fat cats on Wall Street? Some oil baron in Saudi Arabia? The government of China? Or is it just -- gone? If you're looking to track down your missing money -- figure out who has it now, maybe ask to have it back -- you might be disappointed to learn that is was never really money in the first place.
http://www.walletpop.com/article/_a/bbdp/what-happened-to-all-your-money/208135e
9 Tips to Tough Out the Times
Feeling frustrated? Here's some help for the toughening times that'll keep paying off long after the crisis has passed. Here are nine simple How-to's including how to earn a yield of nearly 5%, how to know when a stock is really a bargain, how to raise your credit score and how to get a great deal on a mortgage today.
http://money.cnn.com/2008/10/06/pf/money_steps.moneymag/index.htm?postversion=2008100918
Where the pros are putting their cash, beating the budget crunch & new age of frugality - Today in Money 10/10
In the News:
Where are the Pros Putting Their Cash?
Money magazine asked several financial experts: What are you doing with your own portfolio in the wake of the financial crisis?
http://money.cnn.com/galleries/2008/moneymag/0810/gallery.crisis_pros.moneymag/index.html
As the Economy Sinks So Do the Odds of a Tax Cut
One of the riskiest financial moves you make this year could be listening to the presidential candidates-and banking on a tax cut after the November elections. John McCain and Barack Obama both promise that widespread tax cuts will be one major way they'll revive the economy and help lift consumers' sagging spirits. But here's what you're not likely to hear either candidate say before Election Day on November 4: There's no money left for tax cuts.
http://www.usnews.com/blogs/flowchart/2008/10/9/as-the-economy-sinks-so-do-odds-of-a-tax-cut.html
Only strong retailers will survive
Not much fun for GameStop in Q3
Closing Bell: Stocks continue to plummet; AMGN, GE, MSFT, PEP, STP all down
