Now that’s some serious pocket change you can believe in. If correct, Blankfein’s 2009 bonus will be over 30% greater than his $68 million take home in 2007, the previous all time record year for Wall Street. Check to you, Mr. President: surely this wi…
<ul><li>Jan. 31–Wall Street and Main Street are often a volatile mixture, as Plymouth-based retailer Christopher & Banks Corp. recently discovered. </li><li>But by Jan. 7, after those earnings came in at the low end of its …
Market Direction Summary (01-27-2010)
Dow-30 +41.87 @ 10236.16; S&P 500 +5.33 @ 1097.50; Nasdaq 100 +15.04 @ 1818.90; Russell 2k +6.22 @ 618.38; VIX -1.41 @ 23.14; U.S. Dollar Index +0.24 @ 78.72; 10 Year Tsy Rates +0.14 @ 36.44; Crude Oil -0.86 @…
<ul><li>Jan. 30–Their electric engines are eerily quiet, but Tesla Motors on Friday roared to the forefront of the emerging cleantech industry by signaling its plans to make a Wall Street debut in a filing with the Securities and Exchange …
<ul><li>Jan. 29–Sonya Jones didn’t need much time to study the details of President Barack Obama’s plan to help small business. </li><li>I was ecstatic when I heard it," said the owner of Sweet Auburn Bread Co., a 13-year-…
<ul><li>Jan. 29–The recession and bad real estate loans continue to be a toxic combination for Synovus, but Georgia’s second-largest bank pared its losses in the fourth quarter of 2009 and could return to profitability by the end of this y…
<ul><li>Jan. 29–An unexpected fourth-quarter profit sent shares of Columbia Banking System higher Thursday. </li><li>Wall Street analysts had on average expected a loss of 10 cents per common share, according to First Call. <…
<ul><li>Jan. 29–WASHINGTON — After remaining noncommittal on reconfirming Federal Reserve Chairman Ben Bernanke for days, Washington Sen. Maria Cantwell on Thursday joined 10 other Democrats in a losing bid to deny Bernanke a second te…
US stocks finished lower on Friday on mounting worries over fiscal stability of Greece, Portugal and Spain. Concerns about the quality of global economic recovery and a sharp slide in technology sector also added to the gloom.
by Tony Daltorio, Investment U Research
Friday, January 29, 2010
Whether Wall Street analysts and individual investors know it or not, emerging market consumers have a growing appetite for quality goods, a fact that big name brands took notice of q…