Some of the more interesting and important items for November 17th :
Foxwoods fails to make full debt payment (AP) – I thought gaming was a great industry?
Home Depot Quarterly Profit Falls as Customers Cut Spending Amid Recession – Home Depot cuts cost by $460 million to get to this...
Where do I begin? There are so many things that are outright frustrating about this “economic downturn” that it makes my head spin. From our government to the banks, there are so many players that have provided conflicting forecasts that it is no wonder why there is confusion out there.
So,...
This is a story that has helped to propel the markets higher over the past several months. It is simple as companies are able to use labor as a tool to cut expenses to meet or beat (sounds like “create or save” talk) estimates. Revenue estimates are harder to tweak...
Last week we had a look at the Johnson Redbook numbers that showed a slowdown in sales. This week we are seeing another rise in the comparative numbers, but strip out autos that could be leftover from the cash-for-clunkers. Of course some is the demand from Asia.
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There has been a few items that we have seen lately regarding China’s desire to build their commodity stockpiles and now they are reportedly looking to create strategic coal reserve. Our position in Consol Energy (CNX) could do well as they have been discussing their China relationship for some time.
Realize...
