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Archive for September 16th, 2009


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Why is the dollar so weak?

Wednesday, September 16th, 2009

Filed under: Major movement , International markets , Forecasts , Market matters , Commodities The world of currency trading is a complex affair. Why is this

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Why is the dollar so weak?

Consider O’Reilly Automotive, due to the used car repair trend

Wednesday, September 16th, 2009

Filed under: Stocks to Buy In the current market frugal consumer plays carry the day. And that’s why I’m reiterating my Buy rating for O’Reilly Automotive (NASDAQ: ORLY ), first recommended on May 18, 2009 at a price of $37.02.

Continued here: 
Consider O’Reilly Automotive, due to the used car repair trend

If you own bank stocks or want to, pay attention

Wednesday, September 16th, 2009

Filed under: Industry , Federal Reserve There may be a new rule coming from the Fed that will make banks stronger but will hurt investors. There’s a good possibility that banks will have to raise their “well-capitalized” capital requirement from 7% to 8%

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If you own bank stocks or want to, pay attention

Indians ask court to revoke Washington Redskins trademark

Wednesday, September 16th, 2009

Filed under: Business of sports The Washington Redskins football team is hearing it from all sides lately. Last week they were criticized — unfairly in my opinion — for suing season ticket holders who had lost their jobs and could no longer afford their seats. Now a coalition of tribes — Cheyenne and Arapaho, Oneida of Wisconsin, Cochiti Pueblo, Ysleta del Sur Pueblo, Navajo, Oglala Sioux and Standing Rock Sioux — is as king the United States Supreme Court to revive a challenge to the team’s trademark.

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Indians ask court to revoke Washington Redskins trademark

Corrections: Wells loan modifications doing well in early days

Wednesday, September 16th, 2009

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A previous version of this story incorrectly identified a program of Wells Fargo mortgage modifications.

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Corrections: Wells loan modifications doing well in early days

Futures Movers: Crude-oil futures rise ahead of inventory data

Wednesday, September 16th, 2009

Crude-oil futures rise, lifted by a weaker dollar and a bigger-than-expected drop of 4.7 million barrels in U.S. stockpiles in the week ended Sept. 11.

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Futures Movers: Crude-oil futures rise ahead of inventory data

After Hours: Oracle profit expected to rise; CKR results due

Wednesday, September 16th, 2009

Oracle is projected to show a rise in profit on lower revenue and CKE Restaurants is forecast to show a decline from the year-ago period when the business software maker and fast-food chain operator report results.

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After Hours: Oracle profit expected to rise; CKR results due

JBS to acquire 64% stake in Pilgrim’s Pride

Wednesday, September 16th, 2009

In a move to expand its footprint in the U.S. meats market, Brazil’s JBS plans to acquire 64% of bankrupt chicken producer Pilgrim’s Pride for $800 million in cash

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JBS to acquire 64% stake in Pilgrim’s Pride

Energy Stocks: Supply data powers energy sector to 2009 highs

Wednesday, September 16th, 2009

Energy stocks rise to their highest levels all year ahead of key weekly inventory data, even as the broad market trades flat.

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Energy Stocks: Supply data powers energy sector to 2009 highs

MarketWatch First Take: October’s odds are tough, regardless of September

Wednesday, September 16th, 2009

Are the historical odds now smiling on October too?

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MarketWatch First Take: October’s odds are tough, regardless of September


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