The U.S. manufacturing industries seem to be bracing for a significant slowdown or recession by the looks of their steel inventories:
“End-users have no excess inventories and service center inventories were cut to only 2.6 months supply at the start of November.†~Purchasing.com, Analysts see sheet steel prices inflating 13% in 2008 11/20/07
The latest in strange yet entertaining smallcaps. Bidz.com exemplifies everything that makes smallcaps great, hype, momentum, a perfect story, all to be cast in a negative light by one investigative report. The stock is in freefall, the second part of the report is due tomorrow!
I think the title says it all--people are too focused on their gains and they ignore their losses, which is ironic considering Ii've learned more from my losses than my gains!
I just found an interesting article over on StockerBlog.com. He wrote an article earlier about seven different Coca Cola stocks and has followed up with 3 different Pepsi Cola stocks, all of which pay a dividend.
There is Pepsico, Inc. (PEP), Pepsi Bottling Group Inc. (PBG), and PepsiAmericas Inc. (PAS). They have a dividend yield of 2%, 1.4%, and 1.6%, respectively.
"As the saying goes on Wall Street: 'You’re only as good as your last deal.'"
Amazingly, Och-Ziff was able to raise $1.15 billion in its offering yesterday after alternative investment manager IPOs have not faired so well (see Fortress Investment Group (FIG) and Blackstone (BX). This deal is actually one of the largest IPOs for the year.
The Seeking Alpha editors gave a recap of October 10, 2007, Financial Round Table hosted by Forbes Investors Advisory Institute. Audrey Kaplan, Senior Vice President of Federated Investors, gave a little insight as to what her fund Federated InterContinental Fund [RIMAX] is looking at right now.
