Sunny Side: A Dose of Positive News |
| While there’s no shortage of negative news easily found in the press, finding anything positive is challenging. Fisher Investments MarketMinder has created this new feature called “Sunny Side”. The section’s sole purpose is to identify positive financial news on a daily basis. It will not be fair and balanced—it’s designed so that if you find yourself feeling especially glum, you can get a dose of positive news. As hard is it might be to believe, there are still many positives in the world. Learn more about Fisher Investments. |
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Manufacturing Index Up for 6th Straight Month
Julianne Pepitone, CNN Money,
7/1/2009
Summary: While we hesitate to put too much stock in this, the rate of contraction has slowed for the manufacturing index, perhaps indicating an impending recovery.
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H&M Fares Well Despite Downturn
Ola Kinnander, The Wall Street Journal
6/30/2009
Summary: “Hennes & Mauritz AB on Thursday posted a 6.4% rise in fiscal second-quarter net profit, as it continued to fare better during the economic downturn than many of its rivals.”
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Kroger Posts 13% Rise in Earnings
Paul Ziobro, The Wall Street Journal
6/23/2009
Summary: “Kroger Co. reported a 13% rise in fiscal-first quarter earnings, ahead of Wall Street estimates as the grocer's low-price strategy yielded solid sales without compromising margins.”
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Apple Sells One Million New iPhones, Defying Predictions
Tess Stynes, The Wall Street Journal
6/22/2009
Summary: “Apple Inc. said it sold more than a million units of its iPhone 3G S n the first three days, defying predictions that it wouldn’t reach the level of its predecessor’s launch.”
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Profit Rises 33% for Maker of BlackBerry
Associated Press, The New York Times
6/19/2009
Summary: “The BlackBerry maker Research in Motion posted a 33 percent increase in quarterly profit on Thursday, exceeding expectations but disappointing investors with its forecast.”
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US Housing Starts Jump in May, Inflation Muted
Lucia Mutikani, Reuters
6/16/2009
Summary: “New U.S. housing starts and permits surged in May from record lows, while wholesale prices were muted despite higher gasoline prices, indicating the economy was moving closer to the end of a deep recession.”
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Empire State Survey Suggests Recession Is Ending
Mark J. Perry, Carpe Diem
6/15/2009
Summary: “The Empire State Manufacturing Survey indicates that the general business conditions index fell several points from last month’s level…but remained well above the string of deeply negative readings in the October-March period.”
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General Mills Expects Earnings to Top Prior View
Tess Stynes, The Wall Street Journal
6/8/2009
Summary: General Mills said that earnings for “the year ended May 31 will top its March forecast” due to “good operating performance and lower tax rate.”
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United Plans Huge Jet Order
Susan Carey, The Wall Street Journal,
6/4/2009
Summary: Looking for bargains, United Airlines has “asked Boeing Co. and Airbus to propose dueling bids for up to 150 new airliners,” a deal worth possibly more than $10 billion.
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Factory Orders Rise for Second Time in 3 Months
Staff, Associated Press,
6/3/2009
Summary: “Orders to US factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering.”
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Still The Lucky Country: Aust GDP Grows in March Quarter
Garry Shilson-Josling, New Zealand Herald,
6/3/2009
Summary: The Australian economy saw a rise in the most recent quarter’s GDP, thereby averting the common definition of a recession (two consecutive quarters of negative GDP).
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Job Market Shows Signs of Improvement
Jessica Dickler and Catherine Clifford, CNN Money,
6/3/2009
Summary: Although the stock market historically rises before unemployment hits a bottom, this is still good news.
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| Top MarketMinder Articles |
Redundant Rhetoric
3/10/2009
There’s little need for pols to further discuss global stimulus—it’s already in the works.
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Invest for the Future, Not the Present
11/17/2008
During economic downturns, many wait for signs of recovery before investing. But investment decisions based on today’s news only puts investors behind. |
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| Recent MarketMinder Articles |
Numeric Follies
7/3/2009
Sometimes the government’s economic projections simply don’t add up. |
The Regulatory Ring
7/1/2009
Almost drowned out by the King of Pop and King of Con, a recent Supreme Court decision may negatively affect banks down the line. |
Trifling Transformers
6/26/2009
President Obama signed off on the “cash for clunkers” program Wednesday. Don’t hold your breath on this one folks. |
The Boring Bull
6/25/2009
Folks looking for explosive headlines often overlook the quiet bits of good news likely to drive markets higher. |
Buy Apple Pie
6/24/2009
Rising American protectionism is provoking retaliation. But history’s hardest lessons should stem the tide. |
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