By Erich Sauer: On October 31, 2011, ITT Corporation (ITT) will complete a spinoff that will separate the conglomerate into three standalone businesses – a defense company known as Exelis (XLS), a water company known as Xylem (XYL), and “new ITT,” an engineering company involved in aerospace, transportation, energy, and industrial applications. The spinoff will [...]
By Robert Jackson: In the recent past, the most common way for a consumer to guarantee a future promise from a merchant was to pay. For example, pay $20 today and get a $20 gift certificate as a promise for a future performance. Since the recession and credit crisis in 2008, merchants in need of [...]
It’s been a rough year for Whirlpool (WHR: Charts, News, Offers) shareholders. The appliance maker, which also includes the Maytag and KitchenAid brands, broadly missed analysts’ expectations on both earnings and revenue. At the end of last week, th… This article was written by InvestorGuide.com.
By Vince Martin: But importantly, investors are turning their attention away from Europe’s tortuous sovereign debt drama and back to the U.S. economy…”With these European clouds clearing, the focus comes right back here to the U.S., and we’ll be under the microscope at least through the end of November,” said Brian Dolan of Forex.com. “Market [...]
By Richard Bloch: In this week’s Barron’s, Dan Strumpf suggests that Brent Crude and West Texas Intermediate Crude (WTI) are “set to reconcile” and grow closer into year end. It’s certainly been a weird year for the oil market. WTI oil has been trading at a deep discount to Brent crude when traditionally it trades [...]
By David Van Knapp: John B. Keown of The Graham Investor recently enticed the reclusive Mr. Market into his first-ever interview. Among other things, Mr. Market revealed that he is not really manic-depressive, but that he does control market prices and sets them crazily sometimes. He gets fun out of watching humans react. The interview [...]
By Patrick Chovanec: First of all, a personal note and quick explanation: Last week, I had a medical emergency — nothing life-threatening, but enough to put me in the hospital and lay me low for a while. I’m slowly on the mend, but for the past week I have had neither the energy nor the [...]
By Miriam Metzinger: Stocks discussed on the Lightning Round session of Jim Cramer’s Mad Money TV Program, Friday October 28. Bullish Calls: Net App (NTAP): ” I like NetApp. I think it is not as good as EMC, because EMC has a lower multiple…but I’ll buy them both because the secular growth in big data [...]
By Miriam Metzinger: Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program Friday October 28. 15 Things to Watch in the Coming Week: Anadarko Petroleum (APC), Herbalife (HLF), Emerson (EMR), Hain Celestial (HAIN), EOG Resources (EOG), Clean Harbors (CLH), Clorox (CLX), Continental Resources (CLR), Qualcomm (QCOM), Apache (APA), Chesapeake (CHK), Skyworks [...]
By Amit Chokshi: Media General (MEG) reported another difficult quarter on October 19. Once again, management turned in a pathetic top line, mitigating the damage solely by heavy cost cutting. Nonetheless, MEG’s operating results achieved the main goal of avoiding a violation of its Total Debt/LTM covenant, with Total Debt/LTM EBITDA at 6.6x, well below [...]