Monthly Archive:: November 2007

Will Beazer Survive ?

Beazer Homes (BZH) CEO Ian McCarthy anticipates 2008 to be another difficult year. He says the Atlanta-based builder is focused on managing issues that have surfaced over the past few months, such as a recent financial restatement and an internal investigation concerning compliance. The company also is installing a downturn management plan

Abu Dhabi Saves The Day

A $7.5 billion Abu Dhabi deal to buy Citigroup shares may have created a model for acquisitions by Gulf and other emerging-market investors scouring the ruins of the U.S. mortgage crisis for bargains. The Abu Dhabi Investment Authority sought no role in managing Citi Citigroup Inc C 30.32 0.52 +1.74% NYSE Quote

Professor Roubini’s Crystal Ball

Nouriel Roubini is a Professor at the Stern School of Business at New York University. His analysis appears regularly on his blogsite, Global EconoMonitor. Last week’s prediction was particularly dire and is worth reprinting here: “It is increasingly clear by now that a severe U.S. recession is inevitable in next few months…I

Falling USD to Boost US Stock Markets and Consumer Spending

Imagine that you have $2.8 trillion sitting around. And for kicks, let’s assume that most of that money, about two-thirds, is invested in U.S. dollars and other dollar-denominated assets like U.S. Treasury bonds. And let’s assume that your currency was linked to the U.S. dollar, too. In other words, you often buy

Why COF Makes A Nice Short Sale

Capital One Financial Corp (COF) is a diversified financial services company, which markets a variety of financial products and services through its banking and non-banking subsidiaries. It has four segments: U.S. Card, Auto Finance, Global Financial Services and Banking. The U.S. Card segment comprises domestic consumer credit card activities. The Auto Finance

Random Stock Market News

The Consumer Crunch The long-awaited, long-feared consumer crunch may finally be here. That might not mean an economywide recession, but the pain for American households will be deep. In recent years the U.S. mostly has seen narrowly focused downturns, where a few sectors are hit hard while the rest of the economy