Current Financial News

Sony shares hit $20 today (SNE)

Sony Corporation (NYSE:SNE) got all the way down to $20.46 a share and they just cut their profit forecast 57% citing a firmer yen and slower demand for their TV's and digital cameras.  So how much lower can shares go?

Amazon.com shares whacked 13% for their Outlook

Nancy MY KNEE!!!Take that Amazon.com (NASDAQ:AMZN), these days since FEAR drives the market, if your guidance isn't good enough (although this does not apply to Apple Inc (AAPL) today) you get Nancy Kerrigan'd to the knees.

Our Economy should be fine, Bush is on it

President Bush has invited the leaders of 20 nations to come to Washington on Nov. 15th for an international summit meeting on the economy, the White House said Wednesday.  Ah, that makes me feel better.

The DOW down 500 points, 401(k) Fun

Another stellar day of investing and less in your 401(k), this sums it up:

THIS IS YOUR 401K

Rock Out with Yahoo! (YHOO)

QUIET RIOTGet ready after the bell for Yahoo Inc.'s (NASDAQ:YHOO) earnings call. Yahoo shares dropped to a new 5 1/2-year low of $11.37 last week and closed Monday at $12.86, well below Microsoft's last bid of $33 in May.  Get ready to either jump for joy or bang your head.

Boeing reports earnings tomorrow (10/20)

Boeing Company (NYSE:BA) shares have fallen 50% in this past year, their ongoing strike is costing them $100 million or more per day in deferred revenue, and now shareholders have to worry about another earnings call? 

Seven Cool DudesJapan's NIKKEI reached its nominal all-time high of 38,957 in December 1989; today is up to 9,005 and according to Tim Price trading close to book value at levels, in real terms, equating to where it traded in the early 1970s. Time to consider iShares MSCI Japan Index (ETF) (NYSE:EWJ).

Top Gun Dividend Stocks: (T), (BMY), (GNK)

I feel the need… the need for Dividend Stocks. It’s a great time to be in Dividend stock right now.  A year ago, when the Dow was at 14,200, the price dividend ratio was 49. Meaning you would have had to pay almost $50 to get $1 of dividends a year.

Now, however, the Dow’s price dividend is a more reasonable 26. This is because of two things. First, and most obviously, the Dow has come down a lot, but also importantly, dividends have increased a healthy 11.7% from a year ago.

 

Mosaic Company (MOS) already up 11% today

You can only beat down Mosaic Company (NYSE:MOS) and companies like Postash Corp. (NYSE:POT) for so long before all the wonderful analyst support actually helps the stock.  Long live fertilizer/potash business and the world's ambition to eat better.

Remember Steve Madden (SHOO)?

SmallCapInvestor.com brings up a stock we almost forgot about at the Masters, good ol' Steve Madden Ltd. (Nasdaq:SHOO).  Shares are trading at $20, down -26% in the last month but still positive YTD by less than 1%, still something to look into.