Lessons learned: Investing pros talk about 2008

Our portfolios shrank in 2008, yet we're rich as investors.
Rich, that is, in the wisdom that comes from bitter experience. After confronting what will surely go down as one of the worst financial crises of all time, we should all be much smarter about matters of investing.
Let's review some of the key lessons of 2008. One of the most important is that your risk of losing money rises sharply when you venture away from safe but low-paying investments Read the rest of this entry »

January 1, 2009 | , , , , , ,
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EMS Technologies sees 2009 profit above analysts

EMS Technologies Inc.
on Monday issued a full-year profit forecast above Wall Street expectations, saying it expects improving results across all its businesses.
The Atlanta-based maker of wireless communications technology expects per-share earnings from continuing operations in the range of $1.55 to $1.65 in 2009, based on accounting standards used in 2008 and prior years.
The bottom end of the company's expected profit range is just above Read the rest of this entry »

December 26, 2008 | , , , , ,
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New York Community Bancorp, Inc. to Issue Fourth Quarter 2008 …

New York Community Bancorp, Inc. (NYSE: NYB) (the "Company”) today
announced that it expects to issue its earnings release for the three
and twelve months ended December 31, 2008 at approximately 8:00 a.m.
Eastern Time (ET) on Tuesday, January 27, 2009. The release will be
posted to the Company’s web site,
,
upon issuance.
The Company will conduct a post-earnings conference call at 9:30 a.m.
(ET) on January 27th, during which Chairman, President, Read the rest of this entry »

December 24, 2008 | , , , , , ,
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Every company needs a viable online presence

Published: January 5, 2009
If your business does not have a presence online, better get with it.
Every business should have a Web presence, experts say. Increasingly that's where shoppers, competitors and prospective business partners can be found.
For $1,000 to $5,000, you can put your company online, either by yourself if you're savvy or by hiring a professional Web development team, said Hardy Koska, a counselor at Richmond SCORE, which advises Read the rest of this entry »

December 17, 2008 | , , , , ,
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Eaton Revises 4Q Earnings Guidance

-- Diversified industrial manufacturer Eaton Corp. has announced revised
earnings guidance for the fourth quarter, reflecting the impact of the
global economic crisis on its end markets.
"We have experienced recent, dramatic deceleration in global demand in
our Automotive, Truck and Hydraulics segments," said Alexander M.
Cutler, Eaton chairman and chief executive officer. "The weakness in
these segments has been accentuated by customer decisions Read the rest of this entry »

December 16, 2008 | , , ,
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Strategists See 17% S&P 500 Rise After Saying ‘Buy’

Jan. 5 (Bloomberg) -- The same Wall Street strategists who
told investors to buy stocks in the
since 1937 are
even more bullish than a year ago, predicting the Standard &
Poor’s 500 Index will rise 17 percent.
UBS AG, JPMorgan Chase & Co. and Deutsche Bank AG say the
Federal Reserve’s decision to cut interest rates to as low as
zero percent will help revive the U.S. economy and drive
investors back to equities. Cheaper fuel prices and more Read the rest of this entry »

December 12, 2008 | , , ,
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Daily Stock Market Commentary

Stock Market: investors are seriously concerned about the economic outlook.
Bond quality spreads are Bearish. LQD/TLT Relative Strength Ratio fell to multi-year new lows on 12/19/08. This implies that Bond investors are seriously concerned about the economic outlook.
Stocks appear vulnerable to renewed decline.
The stock price recovery/consolidation since the low of 11/21/08 appears to be taking the shape of a potential Bearish Rising Wedge Read the rest of this entry »

December 11, 2008 | , , ,
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UPDATE 1-Costco quarterly profit up slightly

* Q1 adjusted EPS $0.65 vs analysts' view $0.62
* Q1 same-store sales up 1 pct
(Adds details, background in paragraphs 5-9)
NEW YORK, Dec 11 (Reuters) - Costco Wholesale Corp's
(COST.O:
,
,
,
) quarterly profit rose slightly as strong results from
its gasoline stations helped to offset weak consumer demand for
all but the most essential household items.
Net income rose to $262.5 million, or 60 cents per share,
for the fiscal first quarter Read the rest of this entry »

December 9, 2008 | , , , ,
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Business Notes

Manager named: KeyBank has named Bob Reineke to manage the branch at 310 S. Third St. in Harrisburg. He will manage the consumer and business banking service delivery at the branch, and is accountable for the branch’s revenue, expense management and profitability. Prior to joining KeyBank, Reineke worked as an investment representative with Edward Jones and as a loan officer with Infinity Lending Solutions, both in Eugene. He graduated from Read the rest of this entry »

December 9, 2008 | ,
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Harsco lowers 2008 profit outlook

Industrial services provider
Harsco Corp.
on Friday cut its 2008 earnings forecast, citing "turmoil and uncertainty" in steel markets.
The company now expects to earn $3.15 to $3.20 per share this year excluding a restructuring charge, down a nickel from its earlier forecast. Camp Hill, Pa.-based Harsco
) maintained its 2009 profit forecast of $3.20 to $3.30 per share, which Chief Financial Officer Stephen J. Schnoor said was based on the Read the rest of this entry »

December 8, 2008 | , , , ,
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