Excerpt from fund manager John Hussman's weekly essayon the U.S. market:Excerpt from fund manager John Hussman's weekly essayon the U.S. market (11/19/07):Complete Story »
Brett Steenbargersubmits: * Lack of Confidence Remains-Yields on 3 month commercial paper are down since August, but the ratioof yields on 3 month commercial paper to 3 month Treasury billscontinues at historic highs. That ratio recently weighed in at 1.43.Going back to 1960 (N = 2499 trading weeks) the median ratio has been1.098 and the standard deviation has been .08.Complete Story »
The New York Times reports on a growing trend in Japan among individual investors of reallocating funds invested in the U.S. to faster growing emerging markets. Japanese investors have reduced holdings of domestic mutual funds investing in the U.S. in 16 of the past 17 months.Complete Story »
Training employees costs time and money. No company wants to train an employee only to have him or her snatched by the competition. Noncompete agreements were created for this reason. Unfortunately, they're hard to enforce. Several states have made them illegal, and most states that do recognize them limit them to under a year and a geographic range. Here are some tips making your noncompete agreement hold up in court.Complete Story »
China OTC Playersubmits:Company DescriptionChina Organic Agriculture (CNOA.OB)is one of the largest producers of green and organic rice in China,with approximately 7% of the green rice market and 4% of the organicrice market.Complete Story »
Shares of Rio Tinto were up Friday ahead of the company's investor seminar Monday, which is expected to highlight the long-term value of the company, and explain the rejection of BHP Billiton's proposed takeover of Rio Tinto.Complete Story »
Luxury retailers are poised to have a more profitable holiday shopping season compared to lower-end retail and discounters, because high-end shoppers are better able to manage record fuel prices and housing market weakness, according to a report by Reuters. However even among luxury retailers, only the "upper crust will escape unscathed," while the lower end is "starting to crack under the economic pressures," say industry experts and retailers.Complete Story »
Don Dionsubmits: A run in silver prices last month sent iShares Silver Trust (SLV) right up the Sector Momentum Table, helping the fund climb 20 spots between October 13 and its position at number 10 last week. SLV?s market return for the month through November 14 beat every other iShares fund on the table, as the fund surged 5.62% while most funds on the Table lost ground.Complete Story »
IAC/Interactive announced plans Friday to spend $100 million on a new Internet business in China and install its search engine, ASK.com, in the country.Complete Story »
Wall St. Breakfast'sPre-Market Snapshot:U.S. FuturesAs of 7:45 AM ETS&P 500: +9.10; 1,426.90NASDAQ 100: +12.50; 2,018.00Dow: +82; 12,898Complete Story »
Handset chipmaker Broadcom Corp. reported Friday that an earlier verdict against Qualcomm Inc. that stated it has been violating on three Broadcom patents was backed by U.S. District Court Judge James V. Selna.Complete Story »
MACRO AND HOUSINGInvestors Lose Taste for Large MutinationalsInvestors have grown disenchanted with large-cap U.S. multinationals over the past month, with more bad news still ahead, the Financial Timesreported Friday.Complete Story »
Shares in UK water utility Kelda Group jumped 17% in London trading Thursday after the company said it had received a Ł3 billion ($6.18 billion) buyout offer from a consortium including Citigroup (C)and HSBC (HBC).Complete Story »
