Monday, June 16th, 2008

Tokyo Shares Jump As Strong Dollar Fuels Gains In Exporter Shares

Tokyo stocks rose sharply Monday as auto and electronics exporters got a lift from the strengthening dollar, which traded comfortably above 108 yen.
The Nikkei 225 index rose 380.64 points, or 2.7 percent, to 14,354.37.
Traders said investors may chase the market higher. Exporters in particular are benefiting from the dollar’s strength as worries over inflation raise [...]

Tuesday, March 18th, 2008

America’s Car-Mart, Inc.

America’s Car-Mart, Inc. (CRMT) is an automobile retailer with 90 dealerships in eight Southern states. The company’s concept is ‘buy here-pay here.’ Customers can purchase, finance and make payments on a vehicle all the same location.
CRMT, a Zacks #1 Rank (Strong Buy), reported third-quarter earnings on March 4 and surprised by 12%. Profit came in [...]

Thursday, January 31st, 2008

Sabic Sinopec Enter 1.7 Billion China Plant Venture (Update4)

Sabic, Sinopec Enter $1.7 Billion China Plant Venture (Update4)
By Will McSheehy and Tarek al-Issawi
Jan. 31 (Bloomberg) — Saudi Basic Industries Co., the
world;s biggest chemicals maker by market value, signed an
initial agreement on a $1.7 billion joint venture with China
Petroleum [...]

Wednesday, January 30th, 2008

India Resists Bernanke#39;s Move to Calm Markets Andy Mukherjee

India Resists Bernanke;s Move to Calm Markets: Andy Mukherjee
Commentary by Andy Mukherjee
Jan. 30 (Bloomberg) — Indian central bank Governor Y.V.
Reddy showed remarkable restraint yesterday in not using interest
rates to calm the volatile stock market.
[...]