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From the Blogosphere
Bookkeeping: Beginning Starter Stake in First National Financial (FNF)
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With the "heroic" efforts our government is going to embark on to use my tax dollars to entice people to begin daytrading houses again, I am slowly building up a portfolio of "home related" stuff. The traditional routes are (a) home improvement related retail (Home Depot (HD) or Lowe's (LOW)) of which I have no interest because the U.S. consumer is dead..... or (b) a homebuilder (of which I own Lennar (LEN) only because its a trading vehicle that hedge funds run up every few weeks)
I much prefer two other out of the mainstream areas for actual "investing" (if anyone still does that anymore)...
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First National Financial (FNF) Seems to be Turning the Corner
First National Financial (FNF) Seems to be Turning the Corner
Weekly Economic Potpourri November 29, 2008
Every week there are a numerous headlines that are worthy of mentioning but I simply run out of time. Here are a few headline news reports of interest from the past week.
Japan’s Factory Output Falls as Turmoil Hurts Exports <>Japanese manufacturers reduced production in October and plan further cutbacks as a worsening global financial crisis weakens exports. Factory output fell 3.1 percent from September, when it rose 1.1 percent, the Trade Ministry said today in Tokyo. Economists surveyed by Bloomberg estimated a 2.5 percent drop.
Exports fell last month at the fastest pace in almost se>...
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Unusual 11 Mid-Day Movers 11/24: C, WBD, JASO, CSUN Higher; LFG, NG, PDGI, SOMX Lower
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LandAmerica Financial (NYSE: LFG) 88.2% LOWER; LandAmerica and Fidelity National (NYSE: FNF) today announced that they have terminated their proposed deal.NovaGold Resources Inc. (AMEX: NG) 73.5% LOWER; today announced that it has been actively seeking additional financing to repay a bridge loan due at the end of this year. As a result, NovaGold announced that its unconsolidated cash position has decreased to approximately C$10 million.Citigroup, Inc. (NYSE: C) 51.5% HIGHER; Treasury, Fed rescues Citi with a $40B bailout package. The move is giving hope to shareholders of the <>"anointed fina>...
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