July 28, 2009 @ 12:03 pm | Update |
Coach (COH) reported that its earnings for the June quarter matched Wall Street expectations at 43 cents a share. That’s about the last good news for the fourth fiscal quarter that Coach had to announce, however. Coach certainly hasn’t escaped the...
July 17, 2009 @ 5:09 pm | Breaking News |
At the beginning of the week a lot of technical analysts and veteran stock watchers were convinced they knew where the market was going, at least in the short-run. Stocks were on the verge of setting a temporary top, they said, and the next few weeks would see the...
July 17, 2009 @ 9:55 am | Breaking News |
To make money off inflation you need to get both the direction and the timing right. Get the direction wrong—buy gold, on a bet that inflation is climbing when inflation is actually falling, for example—and you lose money. Get the timing wrong—buy gold, again on a bet...
July 16, 2009 @ 1:33 pm | Breaking News |
The body count is five and rising. First, the Beijing government arrested four Rio Tinto (RTP) staffers  in China to negotiate the price of iron ore with Baosteel and other Chinese steel makers. Then, the Chinese detained an executive at steelmaker Shougang Group and...