Filed under: Bad news , Housing For the time-pressed, there’s no better snapshot of the housing market today, compared to three years ago, arguably, than the following: Condo mania In late 2006, two colleagues who own real estate holdings were considering a new venture. A bank wanted to lend them about $2.5 million to buy 10 investment condominiums in a recently-built complex.

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Sign of the times: Tight mortgage market hurting U.S. housing sector

Filed under: Bad news , Rumors , Market matters What is CIT Group Inc . (NYSE CIT )? and why is it near bankruptcy

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Will CIT go bankrupt?

Filed under: CVS Corp (CVS) , Stocks to Buy Do hang onto to those CVS Caremark Corporation (NYSE: CVS ) shares, to say the least: I’m Reiterating my Buy rating for the company, first recommended on February 16, 2009 at a price of $27.30.

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Reiterating: CVS - Defensive play, extraordinaire

Filed under: NIKE, Inc’B’ (NKE) , Business of sports So, the Open Championship (or the British Open) is set to tee off in Scotland later this week — and I found an interesting article taking a look at how golfers pick what they will wear . Yes, they go the same route that I went when I was in elementary school — someone else (my mom in my case, Nike, Inc. (NYSE: NKE ) in Tiger Woods’) picks out the clothes for them

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JockStocks: What will be worn at the British Open

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Filed under: Competitive strategy , Sprint Nextel Corp (S) Sprint Nextel Corp.

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Sprint outsources entire network to Ericsson

Filed under: Major movement , Forecasts , Bad news , Options , Technical Analysis Expeditors International of Washington (NASDAQ: EXPD - option chain ) stock is falling today after the company forecast second-quarter earnings of 24 cents to 26 cents a share , below analysts’ projections of 30 cents per share.

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Expeditors Int’l (EXPD) drops on weak forecast

Filed under: Earnings reports , Goldman Sachs Group (GS) , Amer Intl Group (AIG) If you ever find yourself lulled into thinking that the United States government is out to protect the best interests of the average citizen and taxpayer, re-read this post. The New York Times reports that “Analysts predict that Goldman Sachs (NYSE: GS ) earned more than $2 billion in the March-June period, thanks to its trading prowess across world markets. If they are right, the bank’s rivals will once again be left to wonder exactly how Goldman, long the envy of Wall Street, could have rebounded so dramatically only months after the nation’s financial industry was shaken to its foundations.” Continue reading Goldman Sachs to report massive profits — prepare the marches! Goldman Sachs to report massive profits — prepare the marches! originally appeared on BloggingStocks on Mon, 13 Jul 2009 09:00:00 EST

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Goldman Sachs to report massive profits — prepare the marches!