Home
 
White Spacer
Featured Sponsor:

Today's Top Investing and Financial Commentary

The Journal's CEO Council this week gave way to an atmosphere of mutual mistrust and suspicion between the Obama administration and the business community. Executive Washington Editor Gerald Seib explains why this is troubling. (Source: WSJ)

11/20/09

Is the Fed Creating New Bubbles? -- Its easy-money policy has Asia worried. But Bernanke says fears of a speculative surge are overblown. (Source: BusinessWeek)

AIG and Systemic Risk -- Geithner says credit-default swaps weren't the problem, after all. (Source: The Wall Street Journal)

Why Krugman Is Wrong About The Yuan -- Revaluing China's currency would not help America. (Source: Forbes.com)

Bernanke's Philosopher -- The Fed chairman is portrayed as a follower of John Maynard Keynes, but his real inspiration is Milton Friedman. (Reason.com)

Black Friday deals: You'll need to dig -- Compared with a year ago, when panicked retailers slashed prices all over, deep discounts will be tougher to find this season. Here's how and where to spot bargains. (Source: MSN Money)

News that you should pay attention to

11/20/2009

Latest News

JM Smucker Co.'s (SJM) acquisition of Folgers Coffee Co. has continued to pay off for the jam maker. The company was able to post higher-than-expected quarterly results thanks to strong margins at its Folgers coffee business. Looking ahead, Smucker raised its full-year 2010 earnings guidance to a range of $3.95 to $4.05 per share.

The No. 2 US homebuilder, DR Horton Inc. (DHI), narrowed its fiscal fourth-quarter loss, but still missed analysts' expectations. Quarterly revenues dropped 42% year-over-year, reflecting lower home sales as market conditions in the homebuilding industry continued to be challenging.

Shares of Dell, Inc. (DELL) continued to head south on Friday after the company posted disappointing results for its fiscal third quarter that ended in October. The company appears to have a positive outlook despite its recent performance. The world's No.3 PC brand said that its core business of selling computers to companies was returning .

First it was journalists, Main Street, and Washington complaining about Goldman Sachs' (GS) bonus fund. Now some of the company's largest shareholders are urging the bank to reduce the size of its bonus pool in order to bolster per-share earnings.

Goldman Should Just Ride out the Wave of Outrage

Gasparino to Lloyd Blankfein : Just Step Down and Save the Excuses!

Professor Buffett Tutors Goldman

Is Goldman's Charitable Gesture Enough?

Another heated debate took place on Capitol Hill today as frustrations about the rescue of Wall Street and high unemployment boiled over. The end result was The House Financial Services Committee voting to approve a measure that imposes tighter scrutiny on the Federal Reserve. A few more verbal insults against Treasury Secretary Timothy Geithner were also part of the discussion.

Why we shouldn't audit the Fed

29 states in the US reported rising unemployment rates , though fewer report joblessness above the national average in October.

Women's clothing retailer AnnTaylor Stores Corp. (ANN) reported a third-quarter profit after experiencing a $13.4 million loss during the same period last year.

Ann Taylor Dresses for Success with a New Wardrobe


Other Juicy Tidbits

'Bo-Tax' for Health-Care Reform? -- Plastic surgeons shriek as Democrats consider an excise tax on elective cosmetic procedures to raise funds for health reform.

Want lower credit card interest? Keep spending , Citi says.

President Obama's job-approval rating has slipped below 50% .

10 Reasons to Believe That We're in a Depression

Oprah Gets Out Of Her Own Way -- Talk show queen to end show in 2011, allowing her to focus on her eponymous cable venture

Why No One Expects a Strong Recovery -- When you repeal sound economic policies you repeal their results.

 

Consumer's Corner

The Wackiest Chinese Knock-Offs

We're now roughly a year away from the much hyped, much anticipated Chevy Volt going on sale. Here's one opinion on how it feels to drive the car .

Black Friday deals: You'll need to dig -- Compared with a year ago, when panicked retailers slashed prices all over, deep discounts will be tougher to find this season. Here's how and where to spot bargains.

Dirty secrets of Black Friday

Before holiday music takes over the airwaves around us, here are some new releases .

A Better Way to Find iPhone Apps

Money Talks News Commentary

Financial Commentary Videos

iDesktop.tv

Stock of the day - Ann Taylor (ANN)

Ann Taylor Dresses for Success with a New Wardrobe
AnnTaylor Stores Corporation, a women's clothing chain, reported a $2.1 million third quarter profit today. This news may sound relatively run-of-the-mill on the surface, but it is particularly exciting for investors considering that Ann Taylor posted a $13.4 million loss just a year ago. The retail sector in general has been rather stagnant because of the slumping economy. Consumers seem to be tightening their budgets and cutting back on leisure expenses. Women, especially ones with families, tend to be more inclined to make family purchases before personal ones. Even with all these obstacles in play, how was Ann Taylor able to generate a profit? Read more

Click here to see the complete Stock of the Day archives!

Subscribe to the Stock of the Day!  

Top Financial and Investment Blogs

Blogs are a great way to get a feel for what other investors are saying about stocks, the markets and useful trading techniques, but there are so many out there that finding the good ones can become a daunting task. InvestorGuide has put together a list of the top investment blogs so you can get right to the good stuff.

Orange Bullet The Kirk Report
Charles Kirk's take on the financial markets. He includes some of the day's top stories, gainers and losers, as well as what stocks he is trading.
Read the blog
Orange Bullet Trader Mike
A day trading journal kept by Michael Seneadza. Follow his ups and downs, and check out how he chooses which stocks are worth a look.
Read the blog
Orange Bullet Random Roger
Commentary on stocks, portfolio management and the ups and downs of the stock market, courtest of Roger Nusbaum.
Read the blog
Orange Bullet Maoxian
A detailed commentary on currencies, commodities and world markets using charts and trend lines for easy comparisons.
Read the blog
Orange Bullet The Big Picture
Commentary on the markets, the economy and the Fed, all taken from a macro perspective.
Read the blog
Orange Bullet Ugly Chart
Stock picks from an investor who trades for a living.
Read the blog
Orange Bullet Trader Feed
Brett Steenbarger looks at historical trends and trading psychology.
Read the blog
Orange Bullet Bill Cara
Market commentary, stock recaps and discussion run by Bill Cara, "The Trader Wizard".
Read the blog
Orange Bullet The Bull Trader
A team of analysts tackle stocks with charts and trend lines.
Read the blog
Orange Bullet Adams Options
Adam Warner's daily musings on options and stock market trends.
Read the blog

On This Date

November 20, 1998:

46 U.S. states reached an agreement Friday with leading tobacco companies that calls for cigarette makers to pay the states $206 billion and submit to sweeping advertising and marketing restrictions. The amount of the payment makes it t
 
Got feedback?
White Spacer
The market in:
: :
White Spacer
White Spacer
White Spacer