Given the resurgent demand for coal, iron ore and copper thanks primarily to China, India and other developing economies, global mining is heating up. And this huge mining equipment maker stands to benefit. Continue reading Inside Wall Street: Digging Into Mining Equipment Giant Bucyrus Inside Wall Street: Digging Into Mining Equipment Giant Bucyrus originally appeared on DailyFinance on Wed, 10 Feb 2010 07:30:00. Filed Under: Company News , Columns , Investing , Bucyrus International Permalink | Tweet this! | Comments

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Shareholders in British candy maker Cadbury are looking for a fat increase in the hostile takeover bid by Kraft Foods ( KFT ), as Kraft faces a Tuesday deadline for changes to its bid. Cadbury shares moved above 800 pence in Monday trading in the United Kingdom, indicating the market was looking for Kraft to jump to that level or higher. Kraft’s 10.5 billion pounds ($17.1 billion) offer now values the British chocolate and gum company at about 770 pence, an offer which Cadbury dismisses as “derisory.” Continue reading Sweet Ending? Kraft Could Pay $19 Billion for Candy Maker Cadbury Sweet Ending? Kraft Could Pay $19 Billion for Candy Maker Cadbury originally appeared on DailyFinance on Mon, 18 Jan 2010 19:41:00. Filed Under: Kraft Foods , Hershey Permalink | Tweet this! | Comments

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There are signs of price stabilization in the oil market. And, as is often the case with crude, if price stability occurs in the year ahead, it will be due to a confluence of factors including the fact there are fewer Americans getting into cars as a result of the recession. Continue reading Oil Prices May Stabilize in 2010, But Motorists Won’t Get a Break Oil Prices May Stabilize in 2010, But Motorists Won’t Get a Break originally appeared on DailyFinance on Mon, 18 Jan 2010 20:15:00. Filed Under: Energy , Economy Permalink | Tweet this! | Comments

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Oil Prices May Stabilize in 2010, But Motorists Won’t Get a Break

Investors are jittery about the declining U.S. dollar, and rightfully so, but where’s the best place to park your money? Continue reading Ditching the Dollar: The World’s Best Currency Bets Ditching the Dollar: The World’s Best Currency Bets originally appeared on DailyFinance on Mon, 21 Dec 2009 08:38:00. Filed Under: Investing , ETFs Permalink | Tweet this! | Comments

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Filed under: Energy , Investing , Goldman Sachs , ETFs The growth stories in the BRIC countries appear in sharp contrast to the view in developed markets, which are struggling to stabilize and reignite wide swaths of their economies; leading indices in Brazil, Russia, India, and China have all handily outperformed the S&P 500 ( $SPX ) in 2009. But only one country was singled out by Goldman Sachs ( GS ) macroeconomic and commodity analysts in a note to clients highlighting the group’s “Top Trades for 2010″ — and that is the low organic growth, commodity-driven economy of Russia. Citing a “still bullish long-term view on energy and the broader commodity complex,” Goldman is targeting a 25% return from a U.S. dollar-denominated index known as the Russian Depository Index ( RDX ), of which three stocks — Gazprom ( OGZPY ), Lukoil ( LUKOY ) and the oil company Rosneft — comprise more than 50% of the weighting. In addition to oil and natural gas, the index also has companies exposed to steel, gold and nickel. Goldman estimates that oil prices will average $90 per barrel in 2010, which will allow a quick and healthy rebound in profits for Russian energy companies, leading to the stocks trading at a mere seven times forward earnings. Continue reading Goldman Sachs’ favorite emerging-market bet for 2010 Goldman Sachs’ favorite emerging-market bet for 2010 originally appeared on DailyFinance on Wed, 09 Dec 2009 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Economy It’s been hard times for the U.S. economy. The unemployment rate essentially doubled as the economy contracted, making the recession from 2007 to 2009 the longest and worst since the 1930s. But while there are long term and structural factors that are likely to weigh on economic growth in the quarters ahead, the outlook isn’t all bad. Investors would be remiss if they did not consider certain “rays of light,” or factors that are working in the economy’s favor. Here are the major positives heading into 2010: Continue reading The glass is half full: Why the U.S. economy will strengthen in 2010 The glass is half full: Why the U.S. economy will strengthen in 2010 originally appeared on DailyFinance on Sun, 29 Nov 2009 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Investing While there’s no place like home, sometimes you have to get out of your own backyard — and that includes investing. Impressive growth in emerging economies such as China and India will boost investments that provide exposure to these markets, says the new Emerging Wealth report from consultancy Watson Wyatt . “We believe that emerging market economies will continue to grow strongly, due to a mix of rising productivity, economic and financial reforms and favorable demographics,” says Craig Mercer, Watson Wyatt’s senior investment consultant, in a prepared statement. But investors who want to globalize their portfolios should also remember that with the aggressive returns some of these markets can offer come risks, including currency fluctuations and political instability. That said, investors can get in on the international action through index funds or other broad investments that can reduce the chance of any major downside. Continue reading Traveling abroad for better returns Traveling abroad for better returns originally appeared on DailyFinance on Sun, 22 Nov 2009 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Technology Firsthand reports from 24/7 Wall St. and social media information website Mashable say the the search function of eBay ( EBAY ) was down for several hours on Saturday. The search feature is critical to aiding shoppers in finding products, and navigating eBay without it is extremely difficult. The eBay problem is another example of how server issues, software problems or attacks on a company’s website by hackers can compromise or shut down a service. It is not clear what happened at eBay during the hours that its search feature was disabled, but as the holidays approach, what is clear is that an interruption of the service could cost the company — and the firms that use its auction system to sell their products — tens of millions of dollars. Continue reading eBay search function fails for hours eBay search function fails for hours originally appeared on DailyFinance on Sun, 22 Nov 2009 11:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Energy , People President Barack Obama is trumpeting the stern criticism he gave the military generals who hold dominion over Burma, the resource-rich South Asian nation now known as Myanmar, at a meeting of Asian leaders on Sunday. The Burmese junta is one of the most loathed regimes in the world — a posse of paranoid, megalomaniacal cadres who kill, torture and repress their people with impunity. A throwback to the 20th century’s failed Marxist revolutionary movements, the junta relies on Burma’s vast resource wealth to maintain its grip on power. And it is precisely that wealth — which the generals capitalize on through bustling trade with China and India — that allows them to ignore Obama’s entreaties for reform. Continue reading Burma’s oil-rich generals can afford to ignore Obama on Suu Kyi Burma’s oil-rich generals can afford to ignore Obama on Suu Kyi originally appeared on DailyFinance on Sun, 15 Nov 2009 15:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Media A rule of thumb for companies preparing to strike a deal: if you’re going to do business together, it’s probably not such a great idea to undermine your new colleagues before they’ve handed you a pot of cash from them. But a $20 million breach-of-contract suit filed yesterday by Cengage, the textbook company formerly known as Thomson Learning, complains of some dirty pool by publisher Houghton Mifflin Harcourt, which unloaded its college textbook division to Cengage last year for $750 million in cash. Cengage’s 14-page complaint charges that, prior to the closing on May 30, 2008, HMH “dramatically increased sales of its college textbooks in an unprecedented manner (particularly in India, South Korea and Taiwan),” with full knowledge that the “unprecedented” sales spike that inevitably followed suit would flood the American market through “unauthorized distribution channels.” Meaning that HMH would make a killing on export sales — and deprive Cengage of post-deal revenues. Continue reading A textbook case: Publisher sues Houghton Mifflin Harcourt after deal A textbook case: Publisher sues Houghton Mifflin Harcourt after deal originally appeared on DailyFinance on Thu, 12 Nov 2009 13:20:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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