Tag: europe

FedEx (FDX): Still Set to Deliver?

Filed in Bank Gold, EPS, euro, Guidance, o, ubs by on February 16, 2011 0 Comments
FedEx (FDX): Still Set to Deliver?

Filed under: Newsletters , FedEx Corp (FDX) , Stocks to Buy “It’s not too often that a company lowers its guidance and the stock rises, but such is the case with FedEx ( FDX ),” says Geoffrey Seiler . The editor of BullMarket .com explains, “The company cut its fiscal Q3 guidance; but given the terrible weather, which impacted a number of airports across the U.S. and Europe, and higher fuel costs, it was largely expected. “The package delivery firm now expects to produce adjusted EPS of 70-90 cents, down from prior guidance of 95 cents to $1.15. Analysts were expecting EPS of $1.04 for the quarter. Continue reading FedEx (FDX): Still Set to Deliver? FedEx (FDX): Still Set to Deliver? originally appeared on BloggingStocks on Wed, 16 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Load up on Food ETFs…

Filed in BP, commodities, euro, GOld juniors, Gold Market, o by on February 9, 2011 0 Comments

It’s time to load up on more food ETFs, like the Market Vectors Agribusiness ETF (MOO). The USDA just reported even more inventory cuts for agriculture commodities, including corn, wheat, soybeans, sugar and rice. Couple that with last week’s Food and Agriculture (FAO) of the UN Food Index report, and food-related ETFs are likely to rocket even more, according to Briefing.com. Just last week, the FAO reported that the food price index nailed new all-time highs for January. According to Briefing.com, “ The Index rose 3.4% from December, averaging 231 points in January. This is the highest level (both in real and nominal terms) since FAO started measuring food prices in 1990. Overall, prices of all monitored commodity groups registered strong gains in January, except for meat, which remained unchanged.” Even better… “Unusual weather in 2010 hit many areas of the world, including Russia, the U.S. and many parts of Europe, which has cut inventory levels in many agriculture commodities around the world to multi-year lows. Overall, many commodities have seen notable inventory reductions including corn, wheat, soybeans, soybean meal, soybean oil, sugar, rice and coffee. Palm oil and cooking oil inventories have also fallen notably. Overall, there are both supply and demand factors driving

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The WSJ’s Most Controversial Article… Ever

Filed in BP, CBS, democrats, economy, euro, Gold, GOld juniors, Gold Market, o, Warren Buffett, yuan by on February 2, 2011 0 Comments
The WSJ’s Most Controversial Article… Ever

On January 9th, The Wall Street Journal ran an article that would become the most viewed, commented-on editorial in the publication’s history. The article was so controversial that the author — a Yale Law School professor — received several death threats. Thousands of enraged American readers went so far as to accuse her of advocating physical and emotional violence against children… Meet Amy Chua: a petite, 48-year-old Chinese American and the author of the WSJ firestorm piece, “Why Chinese Mothers are Superior”. Obviously, the headline caught my attention. My wife is Chinese and we have three children. But what really surprised me was the viciousness of the comments from readers. But as I perused through the comments of anger, hate, and even threats to Chua, I realized I as was actually reading comments of insecurity, fear, and envy. Think about it… Had this article been written by anybody other than a Chinese professor, it would’ve gone largely unnoticed. Bottom line: Americans fear the Chinese juggernaut. Here are just a few headlines from the past year that have caused panic among Americans and the West: Pentagon Surprised, Concerned as China Debuts High-Tech Weapons — Politics Daily Chinese ‘Carrier-Killer’ Missile Could Reshape Sea Combat — Fox News Chinese ‘carrier-killer’ missile raises concerns of Pacific power shift — Associated Press China Stealth Fighter? Photos Released Online Raise Speculations — Huffington Post China’s First Stealth Fighter Test Successful — CBS News China backs Spain to emerge from crisis: Beijing — Sydney Morning Herald Move Over Europe, China Is Pushing to Bailout the Greek Economy — Washington Post Wow: China to Bail Out Europe? — Daily Mail UK China’s Pres. Hu calls dollar’s preeminence ‘thing of the past’ — Wall Street Journal President Hu provoking the US by suggesting yuan replace dollar as reserve currency — AsiaNews.it And now Americans are fearful of the Chinese mother, as reported by Time Magazine: “Tiger Mom: Amy Chua Parenting Memoir Raises American Fears.” I hear it every day… “China is going to overtake the U.S. economy… We need to catch up before they flood our markets with electric cars, wind turbines, and …

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Managing multi-speed markets, according to Mohamed El-Erian

Filed in BP, ceo, Debt, economy, Gold Prices, o, pimco by on January 15, 2011 0 Comments

A 2011 market outlook, with Mohamed El-Erian, CEO and co-CIO of Pimco.

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Top Picks 2011: Arrow Electronics (ARW)

Filed in Bank Gold, earnings, euro, o by on December 28, 2010 0 Comments
Top Picks 2011: Arrow Electronics (ARW)

Filed under: Newsletters , Stocks to Buy , Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “Arrow Electronics ( ARW ) s a classic value stock with low price-to-earnings and price-to-book value ratios. Founded in 1935 and based in Melville, New York,” notes J. Royden Ward . The editor of the Cabot Benjamin Graham Value Letter explains, “Arrow is the second largest distributor of electronic components and computer products, serving 900 suppliers throughout North America, Europe and Asia. Continue reading Top Picks 2011: Arrow Electronics (ARW) Top Picks 2011: Arrow Electronics (ARW) originally appeared on BloggingStocks on Tue, 28 Dec 2010 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Debt Riots Break Out in Greece

Filed in AMAG, BP, Debt, euro, Gold, GOld juniors, inflation, lead, o, obama, silver, target by on December 16, 2010 0 Comments
Debt Riots Break Out in Greece

Today is the anniversary of the Boston Tea Party. In Greece, demonstrators staged a protest of their own. Thousands took to the streets yesterday, rallying against government cutbacks and corruption. The protests started out as peaceful affairs; by afternoon, things had gotten nasty. When the mob arrived at the Greek Parliament building, they spotted a well-known politician, Kostis Hatzidakis ( pictured right ). His fellow Athenians proceeded to stone the former MP. That’s right, they stoned him. The politician survived, but Greece and the EU may not. Not as we know them anyway. The riots were violent, as shown in this footage . Riot cops can be seen clashing with large groups of protesters. Gov’t troops launch volleys of tear gas at protesters, who are busy launching their own attack— a barrage of Molotov cocktails. In another display of populist anger, English protesters attacked a Rolls Royce carrying Prince Charles and his wife last week. Some in the crowd could be heard chanting “off with their heads”. The Royals escaped unharmed, save some damage to their Rolls Royce; rowdy protesters did manage to bust out a side window and ding up the exterior. There are lessons for the EU and United States in this mess. Bond holders versus the populace Social unrest like this isn’t supposed to happen in the Western world. Yet, here we are. Confusion remains about about how we got here. This is primarily a story about bonds, and who owns them…

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More Oil Discovered in NoDak

Filed in BP, euro, Gold, GOld juniors, o, silver by on November 24, 2010 0 Comments

About a month ago, I wrote about a bona fide black gold rush going on in North Dakota. I told you how workers have been sleeping in tents and cars because of the housing shortage the booming oil industry created. The unemployment rate is the lowest in the nation; only the surrounding suburbs of Washington, D.C., come close to NoDak’s near full employment. Cadillac, Mercedes, and BMW dealerships can’t keep cars on the lot… Exactly a month ago, I said: “It seems like new oilfields are being discovered almost every year in NoDak.” It’s true. Since 2008, the Bakken, Three Forks, and Spearfish formations have experienced a renaissance of activity. Guess what? Since the publication of my article, another, new oil formation is getting a lot of attention: the Tyler formation. Well, it’s not actually “new.” None of these formations are really new. What is new are the flow rates… and the method of drilling. Horizontal fracking is opening up a flood of oil and natural gas that’s been stuck in shale for millennia. (Please note: This doesn’t change Peak Oil ;).) According to recent reports, NoDak state officials say the oil formation in Southwestern North Dakota believed to be similar to the Bakken shale formation is getting a lot of interest. Department of Mineral Resources geologist Stephan Nordeng says the Tyler Formation above the Bakken encompasses nearly all of Western and Southwestern North Dakota and extends into South Dakota. State Mineral Resources Director Lynn Helms — who now has celebrity…

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Heinz Earnings: Modest Profit Amid Weak Markets in the U.S.

Filed in earnings, euro, New Gold, o, recession, revenue, ubs by on November 22, 2010 0 Comments
Heinz Earnings: Modest Profit Amid Weak Markets in the U.S.

Filed under: Earnings Reports , China , Recession , Currency H.J. Heinz ( HNZ ) posted profits of $251.4 million or 78 cents a share. Foreign exchange fluctuations caused a 1.2% drop in revenue to $2.61 billion. Analysts polled by Thomson Reuters had forecast earnings of 76 cents a share on revenue of $2.67 billion, as reported in the Wall Street Journal (subscription required). The company suffered weakness in U.S. and Europe where Heinz sales fell 5.2% to $798.1 million. Chief Executive, Bill Johnson said: “The U.S. is in a funk.” Increased promotions have not boosted the amount of food it is selling as much as the company thought it would in the U.S. Continue reading Heinz Earnings: Modest Profit Amid Weak Markets in the U.S. Heinz Earnings: Modest Profit Amid Weak Markets in the U.S. originally appeared on BloggingStocks on Mon, 22 Nov 2010 09:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Debt Delenda Est

Filed in BP, Debt, economy, euro, Gold, Gold Prices, o, recession by on November 19, 2010 0 Comments

The subject is debt; it needs to go away. Debt was the market’s bête noire, this week and last. In Europe, it snatched up the Irish and carried them off. Then it attacked the Portuguese. Everyone knew the periphery states were going broke. Their cost of borrowing soared. Then, when the search parties reached them, Debt Delenda Est originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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GM Posts $2 Billion Profit

Filed in ceo, earnings, euro, New Gold, o, revenue, South African Gold, Spot Gold by on November 10, 2010 0 Comments
GM Posts $2 Billion Profit

Filed under: Earnings Reports , General Motors (GM) What a difference a year makes. General Motors made a dramatic turnaround from a $1.2 billion loss a year ago to a profit of $2 billion in the third quarter, The Wall Street Journal reported. Revenue grew by 21% to $34 billion in the quarter. Last year, GM lost 73 cents per share. This encouraging profit report comes just in time for GM’s stock offering, which is due in the next few weeks. CEO Daniel Akerson said in a conference call, in WSJ’s words, that “GM is still losing money in Europe and must improve the way its vehicles are marketed in its core North American market.” Continue reading GM Posts $2 Billion Profit GM Posts $2 Billion Profit originally appeared on BloggingStocks on Wed, 10 Nov 2010 10:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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The Greatest Momentum Story of 2010…

Filed in euro, Gold Market by on October 25, 2010 0 Comments

We were talking about rare earth shortages back in November 2009…. when no one else was. We were the “fools” buying element providers that could supply us with supply for years to come, said readers. Turns out, we were right… again. China turned off supply. And major news outlets around the world can’t get enough of the story. From The New York Times and Barron’s to The Wall Street Journal and CNBC, which once penned the rare earth phenomenon as an overrun, hype-fueled speculative bubble. But they can call it whatever they will… Fact is, these stocks are running… and running fast. And CNBC is finally learning that. But, as major media will soon start reporting, it’s not just China that’s screwing us over. As we report in today’s Wealth Daily…. The World Trade Organization is screwing us, too. Just days after China announced it was cutting off rare earth exports to Japan, Europe, and the United States, the WTO said it needs another six months to rule on the rare earth complaint issued against China. The move makes no sense. Under the WTO’s own rules, a panel is supposed to publish its dispute ruling within six months of being set up; since it was set up in December 2009, we should have seen a ruling by May 2010. But I guess it’s asking too much for an organization that promotes free trade and economic growth to promote free trade and economic growth… For consumers and economies around the globe, the ban and additional six-month delay in ruling means the very materials vital for green development, high gadgetry for cars, electronics, and military equipment are on put on hold. I wish I could sit on my behind and do nothing while the world waited for a decision, too. But I’d get fired. On the other side of the WTO fight, China says restrictions on rare earth exports conform to WTO policy. “Our restriction policy is in line with the WTO rule, and not just in the exports, but in the manufacturing as well,” said a China Ministry of Commerce spokesman. You can read more here. The Greatest Momentum Story of 2010… originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Just One ETF: Small-Cap Composition Makes for a Brazilian Consumer Play

Filed in economy, euro, Gold, Gold Bullion prices, lead, outperform, shares, silver, ubs by on October 7, 2010 0 Comments
Just One ETF: Small-Cap Composition Makes for a Brazilian Consumer Play

Recently I finished an interview with SeekingAlpha’s Jason Aycock on my single highest-conviction ETF position. Here’s the text from that interview: Which single asset class are you most bullish (or bearish) about in the coming year? What ETF position would you choose to best capture that? The previous 12 months for the U.S. equity markets were modestly profitable, but in large part the rebound from March 2009 has tapered off substantially. The markets have regressed into a choppy pattern, which makes it the perfect environment for selective and active investment. At the same time, periods of uncertainty still loom across the globe, so individual business risks remain high. In my view, the active investor will find the optimal performance using targeted exchange-traded funds (ETFs) that focus on emerging markets. The single asset class that I believe will outperform over the next 12 months is small-cap Brazil stocks, as represented in the Market Vectors Brazil Small-Cap ETF (BRF). There is clear growth potential with all emerging-market small caps, but there is higher stability in the Brazilian markets than competitors. Not only do I believe BRF will perform in the next twelve months, but I think it is a great selection for the next five years going …

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