Sprint Nextel Corp., Motorola Inc. and Nokia Corp. led telecommunications stocks broadly higher in Wednesday trades as the U.S. market forged ahead.
Stocks got a boost from Intel Corp., the chipmaking giant. The company reported better-than-expected results, though sales still fell sharply from the year-ago quarter and Intel reported a net loss.
In early action, Sprint climbed 3%, while Motorola and Nokia each gained 4%.
AT&T Inc. and Verizon Communications Inc. also rose about 1% each.
NEW YORK (CNNMoney.com) — Oil ended just shy of $50 a barrel Thursday as investors weighed a glut in supply amid dour sentiment about the economy. Crude oil for June delivery added 77 cents to finish the day at $49.62 a barrel.
Continue reading Still thinking of investing in oil?
Overcome the Six Obstacles
Knowing how to manage risk is one of the prerequisites of financial literacy. Once you’ve fulfilled all the prerequisites and become fully literate, does financial freedom follow? Not necessarily. Certain personal obstacles can prevent even the most financially literate from developing abundant wealth. Continue reading Six Traits to avoid in order to become a better investor
A newcomer to the Fortune 500, Dollar Tree was also its best performing stock last year, returning nearly 61%. That was no small feat: As a group, the Fortune 500 sank 41%. The company cashed in on the recession, as a $1 (or less) price on everything from candy to glassware drove sales at more than 3,500 stores.
Continue reading Top performing stocks you should invest in
Oracle (ORCL 19.98, +0.01, +0.05%) is expected to report fiscal fourth-quarter earnings of 44 cents a share, according to analysts surveyed by Thomson Reuters.
Kroger (KR 21.86, +0.08, +0.37%) is forecast to post earnings of 62 cents a share in the first quarter, according to analysts surveyed by FactSet Research.
Jabil Circuit (JBL 6.61, -0.24, -3.50%) is estimated to report a profit of 2 cents a share in the fiscal third quarter, according to analysts surveyed by Thomson Reuters.
H.B. Fuller Co. (FUL 16.76, -1.21, -6.73%) is expected to report earnings of 28 cents a share in the fiscal second quarter, according to analysts surveyed by FactSet Research
This will be a very quick post. I am trying to see how fast I can churn out a quick 300 to 400 word post entry on Finance. Let’s see how fast I can do it.
Apparently, these days, stocks are getting to be a bad investment. This is true if you’ve put most of your money in stocks that are traded in the United States. This is because the market is not realyl very optimistic. People try to be optimistic because that is the culture that has been ingrained into this great country but in reality, you have party pooper economists who still think that the economy is about to crash again into a double dip recession or depression. Double-dip is the catch phrase of the moment and it is seriously starting to annoy me. Financial reports are starting to annoy me. Companies are reporting big profits and growth but a lot of those profits are coming from cost cutting. When you cut costs, you cut jobs and you cut consumption. You are taking money away from the market. This is seriously wrong and I don’t know what anyone can do to fix this. Even if I type up seventy words per minute, that will only mean I can take only 5 minutes to make a 350 word articleat full thoroughput. Ironic. Therefore, if I were to invest in stocks right now, I will think that I will be prudent to move the stocks to Asia. That’s right folks. The money is moving east to the countries with huge domestic markets, optimistic consumers, and people who are driving exports. This is the new world order. Asia is coming out. The best stocks are Asian stocks. People are getting rich overnight it’s insane. So people if you ask me, do what you should do and take your money out of Wall Street where profit is the bottom line. Move out of your parents’ house and got to Asia. The money is there. The people are there.
The first world order is going to be gone in a while. People don’t like to work there. Asian stocks powered by Asian workers who work 60 hours a week will be the new powerhouse. There is no such thing as rewarding laziness here.
By definition a high-yield bonds is a high paying bond with a lower credit rating than investment-grade corporate bonds. It also has a lower credit rating than Treasury bonds and municipal bonds. The upside of this is that because of the higher risk of default, these bonds pay a higher yield than investment grade bonds.
Based on the two main credit rating agencies, high-yield bonds carry a rating of ‘BBB’ or lower from S&P, and ‘Baa’ or lower from Moody’s. Bonds with ratings above these levels are considered investment grade. Credit ratings can be as low as ‘D’ (currently in default), and most bonds with ‘C’ ratings or lower carry a high risk of default; to compensate for this risk, yields will typically be very high.