Wealthy Dallas brothers become SEC fraud target (AP) - Comments Off
AP - Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.
Game on: Number nonsense continues - Comments Off
Wall Street has failed to grasp that consensus earnings estimates have no bearing on a company’s financial health. Plus: Why mining stocks (wrongly) get the shaft.
Wealthy Dallas brothers become SEC fraud target (AP) - Comments Off
AP - Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.
Stocks are mixed but had best month since July ‘09 (AP) - Comments Off
AP - WHAT A MONTH: The Dow Jones industrial average and Standard & Poor’s had their best month since July 2009 and their first winning month since this past April. Strong earnings were behind the big gains.
Jobs data, earnings latest test for stocks (Reuters) - Comments Off
Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
How the major stock indexes fared on Friday (AP) - Comments Off
AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish.
Is this America’s worst investment? - Comments Off
Investors have poured billions into exchange-traded funds that attempt to track the prices of raw materials. But when commodities go up, commodity ETFs often don’t.
FTSE ends lower on US growth data (AFP) - Comments Off
AFP - Leading shares in London slipped lower on Friday after weaker-than-expected US growth figures stirred concern about the strength of the economic recovery, dealers said.
Mutual Fund Buzz for July 30: Investors Still Favor Bond Funds (U.S. News & World Report) - Comments Off
U.S. News & World Report - Investors still trust the safety of bond funds. June was another good month for fixed income. The Investment Company Institute reported that overall, mutual funds saw net inflows, mostly into bond funds. Bond funds experienced inflows of more than $20 billion–up about $6 billion from May. Meanwhile, stock funds saw more outflows. The WSJ reports that investors haven’t consistently put money into stock funds since the market hit its low in March 2009. Low-yielding money market funds also continued to see outflows, which brings their total outflows for the year to more than $500 billion.
Stocks end July with big gain; Dow gains 7.1 pct (AP) - Comments Off
AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.








