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Global Investing Roundups

Source: http://feeds.feedburner.com/~r/USMoneyMorning/~3/325491381/
Posted on Thursday, July 3rd, 2008 | In Current Market News, Stocks to Watch
Contributed by: Money Morning (http://moneymorning.com) -

Oil Over $143; GM Falls to 54-year Low; Starbucks Closes 600 Stores; Nikkei Post 10th Straight Loss; United Health Lands in the Emergency Ward; 900 American Flight Attendants on Standby; Blockbuster Abandons Bid; Microsoft at it Again;

  • Crude futures closed yesterday (Wednesday) at a record $143.57 a barrel in New York after the U.S. Department of Energy announced a 2 million barrel decline in supply last week. Earlier, crude had traded for as high as $143.91 on Globex, MarketWatch reported.
  • Shares of General Motors Corp. (GM) plunged Wednesday to their lowest level in 54 years yesterday (Wednesday), as investors shrugged off better-than-expected June sales and analysts raised concerns about the company’s cash needs, The Associated Press reported. In afternoon trading, GM shares fell as low as $9.98, their lowest level since hitting $10.36 a share on Sept. 21, 1954.
  • The Nikkei 225 average fell 1.3% yesterday (Wednesday) to hit its longest losing streak in more than 40 years, Reuters reported. The benchmark Nikkei logged its 10th straight negative day, a period in which it has slid about 8%, its longest losing streak since February-March 1965.
  • The Wall Street Journal yesterday (Wednesday) reported that Microsoft Corp. (MSFT) was seeking additional media partners for a bid for Yahoo! Inc.’s (YHOO) search engine business. Citing sources close to the talks, the Journal said discussions with Time Warner Inc. (TWX) and News Corp. (NWS), among others, were in early stages and unlikely to result in a deal with Yahoo, Reuters reported.

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About Money Morning (http://moneymorning.com)
Money Moves the Markets; Money Morning Lets You Move First

We’re in the midst of the greatest investing boom in almost 60 years. And rest assured - this boom is not about to end anytime soon.

You see, the “flattening of the world” continues to spawn new markets worth trillions of dollars; new customers that measure in the billions; an insatiable global demand for basic resources that’s growing exponentially ; and a technological revolution even in the most distant markets on the planet.

The bottom line is this: With U.S. influence slipping, and the dollar declining as well, investors who think too narrowly about this transformation will face years of meager returns. But those who embrace this new global reality can make themselves very wealthy.

# Over the next 25 years, America’s share of the worldwide economic pie will slip from 28% to 24%…

# Even as Asia’s share almost doubles ;which means it will account for a whopping 55% of the global economy by 2030.

The big brokerage firms are making a killing on the global boom. Yet Wall Street reserves the timeliest information - and the best profit opportunities - for its partners or wealthiest clients. And the Securities and Exchange Commission doesn’t help the everyday investor much either. The second sad fact is this: While you can buy any U.S. or Canadian stock you want, the SEC prohibits you from purchasing many of the available international stocks.

The reason: Foreign companies that haven’t registered with the SEC are off-limits to most U.S. individual investors.

Our worldwide research staff includes former investment bankers, international financiers, emerging markets specialists and veteran financial journalists.

Our experts know that certain capital flows essentially act as a “leading indicator” of future profit opportunities. These are opportunities that you won’t be reading or hearing about anywhere else.

Each weekday morning, in a readable style you can digest in just a few minutes, you will reap the benefits of our research and expert experiences. Indeed, Money Morning will bring you: # The latest reports on China, Japan, Emerging Europe, and the other global hot spots where most investor wealth will be created in the months and years to come…

# Reports on companies you’ve likely never heard of - even though they’re poised to sell billions worth of their wares to “new middle class” customers around the world…

# Information on the U.S. companies shrewd enough to cash in on this boom in global;

# The latest developments in banking, interest rates, foreign investment and other global investing topics;

# Advice on how to invest in currencies, precious metals, commodities and energy

# Inside news on the hottest investments, including water, uranium and private equity…

# And news on rules and regulations, financial trends and strategies - and any other “market intelligence” that you will need to become a shrewd-and-successful investor in the greatest global investing boom most of us will ever see.

Money does move markets. But Money Morning lets you move first.

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