In past downturns it was easy to see which jobs were on shaky ground -- Web designers during the dot-com bust, for instance, or contractors in a housing slump. But amid the credit meltdown, the pain -- and the pink slips -- will be widespread.
Market madness. Despite global best efforts and a brief relief rally, markets resumed their downside bias as bank rescues fail to avert fears of a global recession. In the U.S., the Dow and the S&P 500 had their worst day on Wednesday since the 1987 stock market crash, while Nasdaq erased all its gains from Monday's rally. Stock-index futures pulled back, signalling the S&P 500 is poised to continue its extended drop. In Asia, the Nikkei fell more than 11% this morning, its biggest one-day drop since...
CBOE VIX Index – The VIX index reached an early morning peak at 61.23 and is still 8.7% higher at noon as it reads 59.93. Watching the market reverse course from lunchtime yesterday was like watching glaciers cracking over the edge of the mountain in the heat of the summer sun. It has been a slow but obvious process as investors finally see beyond the recapitalization of the banking system and gather their thoughts on the prospects for earnings as punctuated by impending recession. Next week sees expiration in the October VIX future and...
Bloomberg goes; BlackRock stays. Merrill (MER) is selling its 20% Bloomberg stake back to Bloomberg for about $4.5B - putting a price tag of at least $22.5B on the financial data and news provider. Sources say Bloomberg wanted to pay $3B; MER wanted $6B - so they split the difference. Merrill bought its stake, originally 30%, for just $30M in 1985. The Street was also buzzing about the fact Merrill is not selling its stake in BlackRock (BLK).
It may seem as though the global economy runs on oil, but another commodity may be just as essential: water. Water is needed to sustain all life on Earth, of course?but it also plays an overlooked role as an essential ingredient for countless industries.
To make a ton of steel, for example, 62,000 gallons of water are needed. Building a car takes about 39,000 gallons; manufacturing a semiconductor uses about 3,000 gallons; and producing one barrel of crude oil uses about 1,800 gallons. And considering the enormous amount of water used for agriculture (70% of the world?s...
Barron's interviews legendary short seller, hedge fund manager Douglas A. Kass of Seabreeze Partners Management. Seabreeze Partners Short fund is up 16.5% YTD vs. a 5.6% loss for the S&P 500. Over the past 3+ years, Kass has posted a 40.7% gain.
Kass's general rules for successful short selling:
The stock market is like a gigantic poker
game whereby each player is out for his/her own interests and there?s
a tremendous amount of emotions and strategies involved. In addition,
there are many mixes of players - the big fish and the small fish, the
professional and the newbie, the aggressor and the conservative player,
so on and so forth. However, there is one fundamental difference ?
the stock market offers you better odds because of information, particularly
in the digital age. Yet, what many of us keep seeing is that investors
often times do not use...
Danaher Corporation Company Profile is the essential source for top - level company data and information.The report examines the company ' s key business structure and operations , history and ...
Danaher is a diversified technology company engaged in designing , manufacturing and marketing of professional , medical , industrial and consumer products with strong brand names and significant ...
DALLAS , Nov . 12 / PRNewswire / - - BeaconEquity . com announces the availability of Trade Alerts on stocks making news today.Investors can view all of the daily trading notes for free by visiting ...
WASHINGTON , Nov . 4 / PRNewswire - FirstCall / - - Danaher Corporation ( NYSE : DHR ) announced that Executive Vice President and Chief Financial Officer , Daniel L . Comas will be presenting ...
WASHINGTON , Nov . 4 / PRNewswire - FirstCall / - - Danaher Corporation announced that Executive Vice President and Chief Financial Officer , Daniel L . Comas will be presenting at the Robert ...
The company , formerly Oregon ' s largest homegrown tech company , was sold to Washington , DC - based Danaher Corp . ( NYSE : DHR ) last November for $2.8 billion.When Tektronix filed its last ...
WASHINGTON , Oct . 28 / PRNewswire - FirstCall / - - Danaher Corporation ( NYSE : DHR ) announced that Executive Vice President and Chief Financial Officer , Daniel L . Comas will be presenting ...
NEW YORK ( AP ) - An analyst cut his earnings estimates Monday for Danaher Corp . , a diversified manufacturer that makes bar code readers , medical products and Sears ' Craftsman tools , due ...
Danaher Corp . , Washington , DC , reported profit from continuing operations for the quarter ended Sept . 26 , 2008 , were $372 million , an 11 % increase from third quarter 2007.Sales from ...
Among the companies whose shares are seeing active trade in Thursday's session are AIG, Citi, eBay, Harley-Davidson, Merrill Lynch, Nokia, Novellus, PNC, Quicksilver Resources, UnitedHealth, United Technologies, Xilinx and Zoltek.
Danaher Corp. posts a 23% decline in third-quarter profit, pares its outlook for the rest of the year, announces more than 1,000 job cuts and says it will close a dozen facilities amid the global economic weakness.
LONDON (MarketWatch) -- Danaher Corp. said Thursday that third-quarter net profit dropped to $371.99 million, from $483.72 million at the same point last year. Revenue rose to $3.2 billion, from $2.7 billion. Last year's profit included $149.2 million of earnings from discontinued operations. Adjusted earnings per share from continuing operations totaled $1.14, up from $1.01 a year ago. Analysts had been expecting earnings of $1.13 a share, according to data compiled by FactSet. "Clearly, the events of the last several weeks have created a level of uncertainty with respect to the global economy. However, our portfolio of high quality...
BOSTON (MarketWatch) -- John Dorfman, manager of the Dorfman Value Fund, says that many industries are "misperceived" and that they have become great buys.
Stocks 
