Pfizer Q2 net down 17%.
Some contrarian investment ideas.
Dividend stocks you can depend on.
The drugmakers are cheap for a reason.
World's most profitable banks in 2008.
Manulife (MFC) sued in securities complaint.
3 companies raising dividends.
US bank regulators should learn from Canada.
250 companies cut dividends in Q2, most since 1958.
How to beat the market's stagnant trend.
Chavez buys Banco de Venezuela from Santander (STD).
9 stocks that raised dividends in Q2.
Dividend stocks you'll never have to sell.
Some dividend aristocrats with paltry yields.
Recession proves world economies more interconnected.
California's "funny money."
"The truth is, we and everyone else misread the economy," said Joe Biden this weekend. "The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there....We misread how bad the economy was, but we are now only about 120 days into the recovery package..."The truth of the matter was, no one anticipated, no one expected that that recovery package would in fact be in a position at this point of having to distribute the bulk of money." Full story here.
And chances of an economic recovery are being made more difficult by volatility in the price of oil. See NYT chart, left, and New York Times story here. Price volatility is similar to the "OPEC price wars of the mid 1980's and the 1990-91 Gulf War." According to a Deutsche Bank analyst: “Crude oil prices appear to have been divorced from the underlying fundamentals of weak demand, ample supply and high inventories.”
Disclosure: author is long PG, BDX and UTX.
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