Tag Archive for 'Poised'

Three stocks poised to gain from a retail rebound

Three stocks poised to gain from a retail rebound
On Tuesday, I outlined <> the case for a retail recovery. In short, we’ve learned the lessons from the pain of US and European recessions and reacted as though we’ve had one here, but without the human, economic and fiscal costs of skyrocketing unemployment.
Read more on Brisbane Times

Negative Movers: High Yield Out of Favor
The markets are trading solidly to the upside after China reported a strong GDP reading. High yielding Indexes are struggling today as investors appear to be taking on more risk. Other Indexes are suffering because companies have reported lower quarterly earnings or lowered guidance for future quarters.
Read more on Indie Research via Yahoo! Finance

Morning Spy: Social Media Leads, Netflix Increases Prices
The markets have started Wednsday to the upside. Traders may be buying after China released better-than-expected GDP data. The country came in with a reading of 9.6% year over year versus expectations for 9.3%.
Read more on Indie Research via Yahoo! Finance

Buffett Calls U.S. Banks Less Attractive as Profits Are Poised to Decline

Buffett Calls U.S. Banks Less Attractive as Profits Are Poised to Decline
Billionaire Warren Buffett , whose Berkshire Hathaway Inc. (BRK/A) is the largest shareholder in Wells Fargo & Co. (WFC) and has a stake in U.S. Bancorp, said the country’s lenders are less attractive investments than they once were.
Read more on Bloomberg

Global Disasters Generate Insurance Underwriting Loss for Berkshire Hathaway
Warren Buffett tells shareholders for the first time in nine years, Berkshire Hathaway will “likely have an insurance underwriting loss this year.”
Read more on CNBC

Berkshire Profit Falls to .51 Billion on Catastrophe Costs
Warren Buffett’s Berkshire Hathaway Inc. said first-quarter profit fell 58 percent as catastrophes led by Japan’s earthquake last month caused an underwriting loss at the company’s insurance units.
Read more on BusinessWeek