Microsoft may not be recession-proof but it turned in a strong performance in a year most companies would like to forget.
Profits jumped 25.7% to $17.7 billion on revenues of $60.4 billion as the software giant offset declining sales of its Windows operating system with increased revenues from its server and tools software products.
Abbott Laboratories (ABT:) Abbott Laboratories is expected to report first-quarter earnings of 70 cents a share, according to analysts surveyed by FactSet Research.
Progressive Corp. (PGR:) is forecast to post earnings of 41 cents a share in the first quarter, according to analysts surveyed by Thomson Reuters.
Continue reading Current Stocks to watch
You may ask yourself, how can one invest in a time like this? Is it worth the risk with the market at a downturn without no forseable resolution in the horizon? One of the answers that a conservative investor will tell you is that to invest in low risk stocks. Enclosed in this category are utility stocks.
Continue reading How to invest during times of recession
1. Better mix of investments. Try to raise that bond stake for safety, and boost foreign-equity exposure for growth.
2. Simplify. Reduce holdings to 10 funds and roll over old 401(k)s from prior jobs into a Roth IRA to make portfolio easier to manage.
3. Invest in index funds. Sell actively managed funds in their taxable account, harvest tax losses, and move to low-cost exchange-traded funds.
For the past three months, small stocks were the big story. Small-cap funds gained 21.5% on average in the quarter, led by small value’s 22.2% rise. Standouts included Aegis Value Fund /quotes/comstock/10r!avalx (AVALX 6.82, -0.23, -3.26%) , up 48.5%, and Wasatch Micro Cap Value Fund /quotes/comstock/10r!wamvx (WAMVX 1.72, -0.05, -2.82%) , up 40%.
Large- and midcap offerings followed with their own strong showings.
Large-cap funds collectively added 16.2%, with large-blend and large-value each up 16.4% and large-growth up 15.6%. Among the top performers were the hardest-hit funds of 2008, such as Vanguard Capital Value Fund /quotes/comstock/10r!vcvlx (VCVLX 6.62, -0.18, -2.65%) , up 39.1%, Yacktman Focused Fund /quotes/comstock/10r!yaffx (YAFFX 12.59, -0.36, -2.78%) , up 36.9%, Legg Mason Value Trust /quotes/comstock/10r!lmvtx (LMVTX 28.64, -1.05, -3.54%) , gaining 29.4%, and Longleaf Partners Fund /quotes/comstock/10r!llpfx (LLPFX 18.90, -0.52, -2.68%) , rising 26.6%.
Continue reading Low-Quality stocks with high gains
There are many misconceptions in investing; whether in stocks or bonds or in building an investment portfolio in general. Carl Richards at Behavior Gap has an interesting article in getrichslowly.org
Continue reading Basics in investing
1. Allocating Assets
If your portfolio is geared toward stocks it is more likely to have a long-term return of investment. It will also mean you’ll have a dynamic flactuation of your assets. Instead consider a short-term high gain investment.
Continue reading Succeed in Investing: A short How-To
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?
Amazon.com (AMZN 83.00, -0.03, -0.04%) ended relationships with online affiliates in Rhode Island to avoid a new sales tax law in that state, The Wall Street Journal reported on its Web site. Recently, Rhode Island passed a law requiring companies to collect a sales tax on products sold through online-marketing affiliates. On Friday, Amazon reportedly ended affiliate programs in North Carolina as that state was seeking to adopt a similar tax
Apollo Group Inc. (APOL 69.35, +3.36, +5.09%) said that its fiscal third-quarter profit rose to $201.1 million, or $1.26 a share, from $139.1 million, or 85 cents a share, in the year-ago period. Revenue increased to $1.05 billion from $835.2 million last year. Analysts surveyed by FactSet Research estimated a quarterly profit of $1.12 a share on revenue of $1.04 billion.
Dell Inc. (DELL 13.87, +0.01, +0.07%) is reportedly developing a pocket-sized electronic device for accessing the Internet. The Wall Street Journal said that Dell is creating the device to run on Google Inc.’s Android software, which is currently used by T-Mobile in mobile phones and is expected to become widely deployed in other devices. The Dell device is said to be slightly larger that Apple Inc.’s /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 141.90, -0.07, -0.05%) iPod touch and could go on sale in the second half of the year.