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Daily Archives: May 8, 2008

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Inflation Warning Worries Investors

Posted on May 8, 2008 by
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Investors weigh inflation comments with Disney’s upbeat earnings news and upcoming oil and housing reports. A Sprint and Clearwire deal brings a new wireless broadband venture. Kelsey Hubbard reports. (May 7)

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Clinton’s Victory Speech

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Hillary Clinton thanked supporters in Indiana for her primary victory and commended Barack Obama on his victory in North Carolina. Clinton also hinted about a general election. Courtesy of Fox News. (May 7)

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Clinton Buys More Time

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WSJ’s Jake Schlesinger says that Hillary Clinton failed in North Carolina and barely won in Indiana with less than 2%. He says because of the close margin, people may start pressuring Clinton to pull out. (May 7)

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Clinton Falls Short

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Barack Obama had a good night in North Carolina, getting a 14-point win over Hillary Clinton. In Indiana it was a nail-biter for Clinton, who will have to retune her message for superdelegates. Fox’s Doug Luzader reports. (May 7)

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Foreclosures: Getting a Good Deal?

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Over 50% of people surveyed by Trulia.com are interested in buying a foreclosed home. CEO Peter Flint has some insight into the demographics of who is interested and what to watch out for if in the market for a foreclosed home. Stacey Delo has the…

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‘Tiebreaker’ in Indiana

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Although Indiana is still too close to call, Hillary began her speech in Indiana by saying that she had broken the tie. (May 6)

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Photo Finish for Democratic Nomination

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The fight for the winner of the Democratic primary election continues as Barack Obama gets North Carolina and Indiana is still too close to call. (May 6)

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Obama’s Victory Speech

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After a decisive victory in North Carolina and a likely loss in Indiana, Obama spoke in Raleigh, NC. (May 6)

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Higher Costs Hurt InBev

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Brewer InBev reported a worse-than-expected 11% fall in first-quarter net profit, as lower beer sales in Brazil and higher raw-materials costs pinched the company’s margins.

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Unit Sale Boosts Deutsche Telekom

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Deutsche Telekom said its first-quarter net income more than doubled as it reaped the benefit of selling its media and broadcast unit.

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AIG to Raise Capital After Big Loss

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AIG plans to raise $12.5 billion in capital after posting its second straight steep quarterly loss. The insurance giant took $9.11 billion in charges on its credit-default swaps and recorded $6.09 billion of investment losses.

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Bond Insurers Report Losses

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Bond insurers Security Capital Assurance and Assured Guaranty both reported first-quarter losses amid the credit crunch, which has shrunk the value of many mortgage-backed securities they insured.

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The Calendar…option traders best friend

FAQ...Always be aware of the date and the day the new month starts when trading options or futures !!!...

Why?.... most stock options and index options expire on the third Friday of the month...

so some months are "shorter" than others if the first day of the month is a Friday.

Vix options expire on the Tuesday after the third friday of the month.Make sure you keep one eve on the date.

 

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