Latin American Markets
Most of the commodities that Brazil exports, like iron ore and carbon steel, are products related to infrastructure investments, not consumption products. We touch on ARA, BRP, VCP, SBS and ELP.
Zacks Fri, 21 Nov 2008 04:14:01 GMT
Machinery/Industrials
Our outlook for the machinery sector is increasingly one of caution. We are beginning to see U.S economic weakness and the credit crunch negatively impact international markets. We discuss SNP, FCX and CAT.
Zacks Fri, 21 Nov 2008 04:14:02 GMT
Retail Industry
Despite the apparent values in retail stocks, there are few reasons to get excited about the retailers. Consumer spending will remain subdued for the next few quarters, and that will lead to retailers' earnings estimates declining for the next several mont...
Zacks Fri, 21 Nov 2008 04:14:03 GMT
Cautious buying's fallout: Lost Minnesota jobs
About 7,500 jobs vanished in Minnesota last month. It was the fourth consecutive month of losses.
Startribune.com Fri, 21 Nov 2008 04:39:26 GMT
Citi Weighs Options, Including Firm's Sale
Citigroup began weighing the possibility of auctioning off pieces of the company or even selling itself outright. Shares fell a further 26%.
Wall Street Journal Fri, 21 Nov 2008 04:30:16 EST
Market's Fall Deepens
The Dow industrials fell 444.99 points, or 5.6%, to 7552.29, while the S&P 500 slid 6.7%, breaching its low from the last bear market. Investors fled to the safest securities, driving up Treasury prices to record levels. Financial stocks continued their fr...
Wall Street Journal Fri, 21 Nov 2008 03:57:32 EST
More layoffs possible as claims rise
The news contributed to another bad day for stocks, and the Senate approved a move to extend jobless benefits.
Startribune.com Fri, 21 Nov 2008 02:36:15 GMT
Asia, Europe stocks rebound after Wall Street rout
BANGKOK, Thailand (AP) -- Most Asian and European markets rebounded Friday after sharp declines in recent days as investors scooped up battered financial and technology shares....
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMT
Congress sends jobless benefit extension to Bush
WASHINGTON (AP) -- With no end in sight to economic bad news, President George W. Bush is about to ensure that millions of laid-off workers won't see their unemployment checks disappear as the year-end holidays approach....
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMT
Citi shares sink despite Saudi prince's investment
NEW YORK (AP) -- Citigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in more than 15 years, a sign that a Saudi prince's decision to boost his stake in the bank has failed to galvanize confidence among increasingly anxious inv...
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMT
Oil rises from 3-year low as stocks rebound
SINGAPORE (AP) -- Oil prices rose off a 3-year low, creeping above $50 a barrel Friday in Asia as investors took a cue from a rebound in regional stock markets....
CBC.ca Fri, 21 Nov 2008 02:36:15 GMT
Dell 3Q profit falls as PC spending slows
Dell Inc.'s fiscal third-quarter profit sank 5 percent as concerns about the deepening economic crisis crimped corporate spending on computers and other technology products....
CBC.ca Fri, 21 Nov 2008 02:36:15 GMT
Automakers need to make case for government aid
WASHINGTON (AP) -- Detroit's embattled automakers have two weeks to show a skeptical Congress how a multibillion-dollar lifeline will help them keep the industry from imploding....
CBC.ca Fri, 21 Nov 2008 02:36:15 GMT
Atty. Gen. Mukasey collapses during speech
Attorney General Michael Mukasey was hospitalized but conscious and alert early Friday after collapsing during a late-night speech to a conservative legal group. It was not clear when the nation's 67-year-old chief law enforcer would be released from Georg...
San Francisco Chronicle Fri, 21 Nov 2008 02:05:03 PST
Americans still giving, despite economic meltdown
As more Americans turn to charity amid worsening economic gloom, operators of food banks and other aid groups are relying on the surprisingly resilient generosity of their neighbors and finding that even when times are tough, people still give. In Seattle,...
San Francisco Chronicle Fri, 21 Nov 2008 01:52:02 PST
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