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Archive for July 16th, 2009


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Homebuilder sentiment rises to highest level in 10 months

Thursday, July 16th, 2009

Filed under: Forecasts , Good news , Products and services , Consumer experience , Money and Finance Today , Housing , Recession , Financial Crisis We have all been waiting to hear news that the housing market has rebounded, and we got a little indication that things were improving today as homebuilder sentiment rose this month to its highest level since September. According to the National Association of Home Builders its index of builder confidence jumped two points in July to 17. This is the first time the index has hit 17 since last September

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Homebuilder sentiment rises to highest level in 10 months

Speaker Pelosi signals she’s open to compromise on health care funding options

Thursday, July 16th, 2009

Filed under: Stocks to Buy House Speaker Nancy Pelosi, D-Calif., has signaled that House negotiators would be open to a compromise regarding the income tax increase required for the universal health care program. And that’s a good sign

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Speaker Pelosi signals she’s open to compromise on health care funding options

Jon Stewart slams Cramer over Lenny Dykstra bankruptcy

Thursday, July 16th, 2009

Filed under: Scandals Apparently Daily Show host Jon Stewart isn’t quite done with his Jim Cramer-bashing — but in this case, he has a point. Dykstra filed for bankruptcy last week and then followed that up with a CNBC interview that made Sarah Palin’s Katie Couric adventure look like the Gettysburg Address

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Jon Stewart slams Cramer over Lenny Dykstra bankruptcy

Consider Suncor, because the future belongs to owners of oil sands

Thursday, July 16th, 2009

Filed under: Stocks to Buy I’m Reiterating my Buy rating for Suncor Enegy (NYSE: SU ) first recommended on February 25, 2009 at a price of $18.35. Suncor’s oil sands production increased 12% in Q1 or by 27,800 barrels per day, roughly in-line with expectations

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Consider Suncor, because the future belongs to owners of oil sands

Informal survey of doctors: Fee cuts, yes; ’salaried’ doctors, no

Thursday, July 16th, 2009

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Filed under: Politics Companion health care reform bills are winding their way through the U.S.

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Informal survey of doctors: Fee cuts, yes; ’salaried’ doctors, no

Why Bob Lutz is the wrong guy to lead GM’s turnaround

Thursday, July 16th, 2009

Filed under: General Motors (GM) Many observers were puzzled when General Motors CEO Fritz Henderson decided to make 77-year old company veteran Bob Lutz the company’s chief of marketing. A septuagenarian who was with the company from 1963-1971 and then from 2002 on would hardly seem like the fresh face to lead GM in the new millennium. The fact that he’s a global warming denier also doesn’t help his case.

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Why Bob Lutz is the wrong guy to lead GM’s turnaround

Before the bell: Futures lower after JPMorgan beat, CIT’s failed talks

Thursday, July 16th, 2009

Filed under: Before the bell , International markets , Earnings reports , Market matters , JPMorgan Chase (JPM) , CIT Group (CIT) , Economic data , Housing U.S. stock futures were mixed Thursday morning as once, as has been the case the past recent weeks, with investors taking some profit following Wednesday’s rally and looking for clearer direction amid confusing signals.

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Before the bell: Futures lower after JPMorgan beat, CIT’s failed talks


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