Archive for January 25th, 2010

Earnings looking up – but maybe not stocks

T he earnings recession is over. Just don’t expect the stock market to celebrate it. CIBC World Markets senior economist Peter Buchanan published his quarterly report on the Canadian stock market’s earnings estimates Monday, and declared that “the forthcoming fourth-quarter earnings reports will mark the end of the earnings recession.” He said the consensus “bottom-up” estimate for the S&P/TSX composite index (i.e., the overall market earnings estimate derived from a range of analysts’ profit expectations for each of the stocks that comprise the index) calls for fourth-quarter earnings to surge 43 per cent over their year-earlier level

Apple results soar to record

A pple Inc. AAPL-Q has blown past analyst expectations with record quarterly results. The tech bellwether’s Mac computer and iPhone sales – which generate more than half the company’s revenue – both soared.

Five U.S. insurance stocks that pay big dividends

T wo-thirds of insurers still pay dividends. The exceptions tend to be in health care, such as WellPoint WLP-N , or among firms still struggling, such as PMI Group PMI-N .

Three psychological quirks that are killing your trading

T he most troublesome problems we face as traders are the ones that we don’t even know exist. Certain human tendencies affect our trading. Often we are completely unaware they are affecting us in our everyday life, and affecting our bottom line.

Texas Instruments profit sharply higher

T exas Instruments Inc. TXN-N says its fourth-quarter profit soared on a rebound for its chips that run a wide range of consumer gadgets and industrial products.

Accused scammer won’t give up Fabergé eggs or submarine and#8212; and lands in jail

A federal judge in Minnesota today ordered Trevor G. Cook jailed for failing to surrender more than $35 million in assets. Specifically, the judge in the case wants Mr.

Obama looks to ramp up retirement savings programs

The Obama administration today announced plans to require employers to give their employees the option of enrolling in direct-deposit individual retirement accounts. At a meeting of the Middle Class Task Force, President Barack Obama and Vice President Joe Biden, who is chairman of the task force, laid out that and other initiatives aimed at helping middle-class families. Providing economic security for such families “will be a big part of what we do in 2010 and all the way through the rest of the presidency,” White House communications director Dan Pfeiffer said in a telephone press briefing this afternoon

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