Archive for March, 2007

No Room For Luxury at Ford (F) - Auto Industry Overview

Tuesday, March 13th, 2007

There is speculation in the air about whether Ford will retain its majority ownership of Jaguar and Land Rover as the formerly 2nd largest car manufacturer announced it will no longer be the majority share holder in the Aston Martin luxury brand. Some analysts feel the time may be right for Ford to get an […]

Land of the Rising Sun is Looking Up

Monday, March 12th, 2007

Japan’s GDP grew at a very nice 1.3% in the last quarter of 2006. Japan’s economy was in the doldrums for over a decade and in the last few years has started to perk up. In the early 1970’s the term “Japan Inc” was coined, as it appeared the Japanese were going to dominate the […]

Boring Company Wins ‘Product of the Year’ - AVX Corp (AVX)

Monday, March 12th, 2007

It turns out some of the eggheads who were playing with their electronics kit while you were trying to make it to the 10th level of the Legend of Zelda may have stumbled across something. It’s called a low inductance decoupling capacitor. And no, it’s not a device you can hook up to a DeLorean […]

U.S. Trade Deficit - Ocean Shipping - Covered Calls

Friday, March 9th, 2007

The U.S. trade deficit declined 3.8% from December to January. The trade deficit decline was mostly a result of higher exports. While imports did decline, it was only slightly.
The trade deficit with China continues to widen — clocking in a 12% change from December to January.

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The amount of […]

Exxon Mobile (XOM) Looking to N. Africa and S. America to Expand Production

Friday, March 9th, 2007

A team of corporate leaders from Exxon Mobile (XOM) met with the president of Guyana this week as the oil companies try to elbow and box out their competitors. It is expected border disputes with neighboring Suriname will be cleared up by the UN shortly, and this will clear the way for companies to invest […]

Jim Cramer Gives Opinion on Warren Buffet’s Portfolio

Friday, March 9th, 2007

In a video interview yesterday, Jim Cramer (videoplayer.thestreet.com) analyzed several of Warren Buffet’s stock positions.
Cramer stated, “There are two Warren Buffet’s. There is the Warren Buffet pre-three years ago… Where if you bought on the announced date what he was buying, you made a lot of money. In the last three years, if you bought […]

John Bogle Says Modest Returns Over Next Decade - Dividends & Covered Calls

Thursday, March 8th, 2007

In an article in the Wall Street Journal (online.wsj.com), John Bogle predicts moderate returns over the next decade, on the order of 7% annually.
At this point an investor may be saying “so what, who’s John Bogle, and why should I care?” Mr. Bogle was the founder of the Vanguard Group, the company with the famous […]

Fertilizer is Smelling Good - Covered Calls

Wednesday, March 7th, 2007

The stock prices of companies manufacturing and selling fertilizer have been blasting off over the previous year. When most people hear about fertilizer they think about the smelly byproduct stuff from animals. But a large majority of fertilizer is manufactured from natural gas and the price of natural gas is cheaper than it was a […]

US Productivity Down - Temp Staffing Up - Kforce (KFRC)

Tuesday, March 6th, 2007

U.S. productivity slowed in the fourth quarter of 2006 and labor costs were on the rise. Nonfarm productivity increased only 1.6% the last quarter of 2006, significantly down from the original estimate of 3%. Unit labor costs increased 6.6% in the last quarter, significantly up from previous estimates of 1.7%.
This bodes well for the temporary […]

Continued Trouble for Subprime Lenders - New Century (NEW), Freemont General (FMT) and HSBC Holding (HBC)

Monday, March 5th, 2007

Regulators announced late last week their intention to begin a crackdown on subprime home mortgage lenders as two major lenders are having difficulties with large losses.
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In addition, New Century Financial Corp. (NEW) stated last week it has become the subject of a federal criminal inquiry. […]