Word: stocked
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...these days that some of the most bullish things driving stock prices are not facts but opinions. Earlier in July there was a nice market bounce, thanks to bullish comments by long bearish analyst Meredith Whitney. On Monday, July 20, it was an opinion coming from the investment-strategy team at Goldman Sachs, which reported that the firm was raising its estimates for what companies in the S&P 500 would earn this year and next...
...just the banking-stock group that benefits by offloading its weaklings. A stock sector known as "consumer discretionary," which includes everything from automakers to fast-food retailers, is enjoying a more bullish earnings outlook too, thanks - you guessed it - to the dropping of GM stock, which had been a load of lead on the sector's profitability. As a result of offloading GM, earnings for the group are expected to rise...
...Investors may respond with huge cheers to the new earnings forecasts, but Goldman Sachs is not so ebullient. In fact, the firm goes to great lengths to point out the distortions to its growth projections and adds that without the GM effect, the consumer-discretionary stock group would see a far more modest 17% growth next year - not bad, but no blowout...
...bullish report today is the clearly stated anxiety over next year's economy. "Although our current economic outlook is for below-trend growth through 2010, the risk of a 'double-dip' recession remains significant," the report notes. That said, Goldman Sachs raised its year-end price target for the stock market 13%, sending a strong message to institutional investors to not sit on their hands, even in the face of major uncertainties. Among the stock groups Goldman favors: energy, basic materials, financials and technology...
...July 1 at age 97, was in the office of the producer of The Streets of San Francisco, the '70s TV show. I had been recommended for a part, and Karl was giving me the once-over. My dad [actor Kirk Douglas] had worked with him on a summer-stock production, and he told me what a hard worker Karl was. That was an understatement. Karl came from the steel mills of Gary, Ind. He taught me just how fortunate I was to be an actor...