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FDIC gets into the securitization business

The FDIC usually sells failed banks to other lenders as quickly as possible; the process leaves the FDIC with lots of loans, which are sold at regular auctions. But the financial crisis has been so severe that the agency is trying other ways to unload these assets.




07/30/2010 - 17:25
Attention, Barrelheads: Petrobras (NYSE: PBR) Shares Are On Sale

But I don't want to talk about U.S. oil in today's article. Instead, we're going to head south to check in on a company that has gained increasing international attention over the past several years, having made some of the world's largest oil discoveries in recent decades.[More...]

07/30/2010 - 17:04
Honda (NYSE: HMC) Profits Rise By $3 Billion

Consolidated net sales and other operating revenues in the quarter appreciated 18% to ¥2.4 trillion ($26.7 billion) due to higher revenues in the Automobile segment, partially offset by unfavorable currency translation effects.[More...]

07/30/2010 - 17:04
Rovi (NASDAQ: ROVI) With A Quite Large Beat On EPS

Technically, after what seemed to be a new breakout Monday (not so much), the stock has been reversing the past 3 days working off an overbought condition and settling right at its 20 day on the close Thursday.[More...]

07/30/2010 - 17:04
Templeton Global Income (NYSE: GIM): 'Time To Pounce'

We’ve had some good luck recently in the bond arena; now I’ve found another trading opportunity:Templeton Global Income Fund (NYSE: GIM), a global government bond fund that yields 5.6%.[More...]

07/30/2010 - 17:04
July 26-30: Dow, NASDAQ, Solar Have Good Month

Economy improving slowly

A trickle of confidence in the markets returned in July. U.S. and European stocks recovered much of the losses of earlier months showing definite but slow growth while dumping gold and U.S. dollar as a result.[More...]

07/30/2010 - 17:04
Bull/Bear Weekly Recap




Submitted by RCS Investments

07/30/2010 - 17:00
Weekly Commitment Of Traders Summary: July 30




Courtesy of Libanman Futures

07/30/2010 - 17:00
Nomura Sees Fed Issuing QE-Lite Statement On August 10




07/30/2010 - 17:00
Latin American Markets: Brazil stocks notch best monthly gain in 14 months

Brazilian stocks climb Friday, as shares of Vale SA help keep alive the market's longest winning streak in nearly seven years.




07/30/2010 - 16:44
What will Ace's Greenberg do with $6 billion?

Ace, one of the world’s largest commercial insurers, has billions of dollars in extra capital and analysts are wondering what Chief Executive Evan Greenberg is going to do with the stash.




07/30/2010 - 16:44
Was there life on Mars? Planet's rocks 'may hold evidence of buried lifeforms'

Researchers have discovered rocks that could contain the fossilised remains of ancient life on early Mars.

The team made their discovery in the ancient rocks of Nili Fossae on the planet’s surface, which they say are almost identical to rocks in the Pilbara region of north-west Australia where some of the earliest evidence of life on Earth has been preserved.

The findings could mean that is evidence of living organisms on Mars around 4 billion years ago buried on the planet's surface.

07/30/2010 - 16:30
The Last Hiccups of the Falling Empire

By Raja Mujtaba

Editor – Opinion Maker
Pakistan Warned; Noose Being Tightened
“There is no doubt in anyone’s mind that should an attack against the United States be traced to be Pakistani it would have a very devastating impact on our relationship” – Hillary Clinton

Continue Reading

07/30/2010 - 16:30
Are Treasuries The Last Diversifier Left?




Via Pension Pulse.

07/30/2010 - 16:24
GM Crop Contamination Insurance?

Farmers whose crops have been contaminated by GMOs are suing. So, here comes the insurance industry to the rescue. Hey, they might as well get in on the act and make a buck off of the carnage.




07/30/2010 - 16:24
Stocks to Watch: Stocks in focus Monday: Humana, NRG, VeriSign

Among the companies whose shares are expected to see active trading in Monday's session are Humana Inc., NRG Energy Inc. and VeriSign Inc.




07/30/2010 - 16:00
Top Ten: MarketWatch's top stories for July 26 - 30

Investors have been greeted by a strong set of second-quarter earnings, a major source of encouragement after spending much of May and June fretting over the impact of a debt crisis in Europe and China's efforts to slow its growth.




07/30/2010 - 16:00
Wall Street Ends Little Changed, Ford (NYSE: F) Drops

US stocks finished little changed as economic data released Friday painted a mixed picture of the economic recovery.[More...]

07/30/2010 - 16:00
Data Points Appear To Be Cancelling Each Other Out

Morningstar Volatility Report for July 30, 2010.[More...]

07/30/2010 - 16:00
The Alex Jones Show – July 30th With Paul Craig Roberts

The Alex Jones Show – July 30th With Paul Craig Roberts PCR

Alex talks with economist Paul Craig Roberts about his article, The Year America Dissolved. Roberts served as an Assistant Secretary of the Treasury in the Reagan Administration and is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. His articles appear widely across the alternative media. Dr. Roberts’ latest book is How the Economy Was Lost: The War of the Worlds. Alex also talks with regular guest, Bob Chapman of the International Forecaster. Alex also covers the latest news and takes your calls.

07/30/2010 - 15:23
Robert Shiller: A Cautious Outlook For Stocks

Few macroeconomic prognosticators have been as correct as publicly at crucial moments as Yale's Robert Shiller, whose first and second editions of the Irrational Exuberance laid bare, with remarkable timing, the speculative bubbles forming first in the Internet-crazed stock market and next in residential real estate.[More...]

07/30/2010 - 15:23
Silence Of The PIIGS

Good news doesn’t sell newspapers. This week, true to form, the global financial media largely ignored encouraging news from Europe.[More...]

07/30/2010 - 15:23
Research In Motion (NASDAQ: RIMM) To Introduce BlackPad, An iPad Competitor; Might Finally Be Turning Things Around

Technically the stock has been in the desert for many moons; ever since that gap down in October 2009 it has struggled (other than a 30 day period in March 2010). But it is showing some signs of life here - too early to make a definitive call but time to keep an eye on it, as long as the greater market can stay benign.[More...]

07/30/2010 - 15:23
GDP, Equities, And The Bond Market

With or without the revisions to the Q1 GDP, the data today shows the economy is slowing. If we use the Governments own revised Q1 numbers than the economy slowed significantly going from 3.7% down to 2.4% in just three months.[More...]

07/30/2010 - 15:23
New Study Provides Theoretical Cover For Further Stimulus

Each of those points is contentious. TARP's impact may have exceeded that of the fiscal stimulus but it will still probably result in a very large loss for the taxpayer.[More...]

07/30/2010 - 15:23

Thomas Jefferson Quote of the Day

"Happiness is not being pained in body or troubled in mind."

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