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Update Coach (COH)

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...

Inflation is coming no doubt but later than you'd think

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...

Two winning stocks in the war over iron ore

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...