After the Dow Jones fell to the smallest level since 1997, the investors can find that buying shares of some global icon companies can be cheaper that buying the products of those companies. One obvious example is the banks sector. As we previously mentioned here on doitinvest.com, Citibank has been basically nationalized by the government which now owns the majority […]
FMCG means fast moving consumer goods, if you were wondering what this acronym meant. And although it seems a little bit late to mention this, after the worst quarter into the US history, we at doitinvest.com think that the timing is appropriate to do so.
The service industries from US reported a small victory in January, by slowing at a slower pace than forecasted. The Institute for Supply Management’s index of non- manufacturing businesses, which compose almost 90 percent of the economy, increased to 42.9 from 40.1 in December. Figures below 50 signal a contraction. This could indicate a turning point in the natural curve […]
The console that was sold more than double compared to its 2 next rivals (Sony’s PSP 3 and XBox 360 from Microsoft) is back. This time not with an upgrade, but with a flurry of PR declarations. The San Bernardino (California) seniors used this week Wii for their physical activities in simulated box fights. Yes, it is the same old […]
Here we go further in the crisis. As mentioned a few months ago, this December was supposed to be a sad one for the retailers – and the poor figures confirm this. U.S. retailers’ sales declined last week the most in almost six years as steeper markdowns before and after Christmas failed to salvage what may be the worst holiday […]
As doitinvest.com has said previously, a yo-yo. And again, with a very speculative twist so that we can close our mouths when we see the gains some funds will post at the end of Q4 2008. Dow Jones was relatively stable today at around 9,300, if you can call stable remaining at a level 40% lower than the beginning of […]
It seems that Sept 11, 2008 was not so bad a day for shares, after all. U.S. stocks rose on Thursday as a report that major U.S. investment bank Lehman Brothers is shopping itself to possible owners, including Bank of America, drove a last-minute increase in financial shares.