Global Markets

Hacker Group Releases Code To Attack Android

24/7 Wall Street - Sat, 07/31/2010 - 07:16
Thousands of hackers will be able to break into the Google (NASDAQ: GOOG) Android mobile OS. The new software will allow experts to break into Android-powered phones to steal personal information from people who own smartphones which run the OS. Google will probably offer a patch to protect handsets which use run Android and downloads [...]

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The 10 Worst Real Estate Markets in the U.S.

24/7 Wall Street - Sat, 07/31/2010 - 06:21
By Douglas A. McIntyre Despite stimulus programs and all-time low mortgage rates, the real estate market in the U.S. continues to struggle with excess supply, depressed home prices and high rates of foreclosure. The key factor? Unemployment.  Read more…. Filed under: Housing Tagged: foreclosures

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PIMCO’s Bill Gross Confirms Slower Growth Ahead, For Years

24/7 Wall Street - Fri, 07/30/2010 - 14:26
It is month-end, and bond-magnate Bill Gross of PIMCO is out with a new round of predictions.  The bond guru’s August Investment Outlook often has quirky ways of explaining things, and he’s using ‘auto-flush toilets’ to describe The New Normal.   We’ll skip over the fecal disposal systems… Gross notes that The New Normal is predicated [...]

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A Large Water Dividend Gets Larger (AWK)

24/7 Wall Street - Fri, 07/30/2010 - 13:49
Investing in water is one of the trends that investors have gone after for years and years.  After all, the future of the world and life depend entirely upon the availability of fresh water.  American Water Works Company, Inc. (NYSE: AWK) is a company that we predicted in February would raise its dividend.  That has [...]

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2010 Becomes The Year of the Conglomerates (GE, MMM, HON, UTX, BRK-A, SPY, DIA)

24/7 Wall Street - Fri, 07/30/2010 - 12:43
2010 may be a directionless year for the stock markets so far, but shares of conglomerates are outperforming and more upside is expected.  The five largest conglomerates we follow are all higher for the year.  We took a look at General Electric Co. (NYSE: GE), 3M Co. (NYSE: MMM), Honeywell International Inc. (NYSE: HON), United [...]

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TeleNav, When IPOs Die (TNAV)

24/7 Wall Street - Fri, 07/30/2010 - 10:42
If you have been an IPO investor in 2010, you might wonder if there are better ways to make a buck.  TeleNav, Inc. (NASDAQ: TNAV) just joined in the wave of problem IPOs that become busted deals trading well under the IPO price.  The drop after earnings is severe enough that TeleNav may have just [...]

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