New commodity ETN could provide safe haven in the crisis. Hedge funds originally arose to perform precisely this role by investing in new asset classes and new financial strategies that would remain unscathed by a market fall,...
November 18, 2008 | By Eric Fox The entire energy sector has been hit hard since the stocks peaked in July, but some have been hurt more than others. The S&P Oil & Gas Exploration & Production SPDR (NYSE:XOP) is down 58% from...
I come from the school that the more times you test a level the more likely you are to break it (either up or down). The easier path as we constantly thrash against S&P 840s remains down - we're wearing down the defense. Unlike...
StreetInsider.com Morning Movers: IDM Pharma, Inc. (Nasdaq: IDMI) 53% HIGHER; announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has issued a positive opinion, recommending grant...
by: Sean Maher November 18, 2008 | about stocks: Sean Maher About this author: In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as...
Washington Post Staff Writer U.S. stocks were flat in morning trading today as investors' concerns about the economy downturn were offset by better than expected earnings from Hewlett-Packard. The Dow Jones industrial average...
Ford Motor agrees to sell a portion of its ownership stake in Mazda Motor Corp., reducing its ownership ration from 33.4% to just over 13%. Sales of Mazda shares will net Ford about $540 million. Hewlett-Packard announces...
Investors in hedge funds might have expected to beat the market in exchange for a management fee of 20 per cent of the profits. As hedge funds, including GLG Partners and Man Group, have turned in miserable results, the excuses...
India’s Sensitive Index dropped for a fifth straight day. ICICI Bank led financial shares lower after saying it had cut its lending growth target by half. ICICI fell 6.8 per cent and State Bank of India declined 5.1 per cent,...
Houston (Platts) --18 Nov 2008 -- [Petrochemicals] As credit woes continued to haunt the global chemical markets, participants predicted more and more business would be transacted on a cash only basis or suppliers would require...