Stock Market Index
Exchange Traded Funds, or ETFs, don’t load you up with heavy management fees, nor do they tie you down with heavy redemption charges if you decide to get out before six years have passed. Instead, they give you a lower-cost and more flexible and convenient alternative to mutual funds.
The problem is that ETFs are just as helpful for facilitating smart …read more »
KRAFT FOODS INC. $33 (New York symbol KFT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.5 billion; Market cap: $49.5 billion; WSSF Rating: Above average) has replaced troubled insurance provider American International Group Inc. in the Dow Jones Industrial Average. This 112-year-old index of 30 stocks is one of the most widely followed stock market indexes in the world. Many …read more »
In recent elections, Japan’s Prime ruling Liberal Democratic Party lost control of the upper house for the first time in over 50 years.
Prime Minister Shinzo Abe still controls the more-powerful lower house of parliament, where elections need not be held until late 2009. But the centre-left Democratic Party can now delay government bills.
Japan’s Nikkei 225 stock market index is now …read more »
Exchange Traded Funds or ETFs are among the more benign investment innovations of our time. Unlike other innovations, they don’t load you up with heavy management fees, nor tie you down with heavy redemption charges if you decide to get out before six years have passed. Instead, they give you a lower-cost and more flexible and convenient alternative to mutual …read more »
MCGRAW-HILL COMPANIES LTD. $63 (New York symbol MHP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 351.3 million; Market cap: $22.1 billion; WSSF Rating: Average) has three main operations: school textbooks (40% of sales in 2006, 21% of profit); financial information under the Standard & Poor’s brand (44%, 76%); and the media division which includes BusinessWeek magazine and four TV stations …read more »
Advertisers continue to shift spending to Internet sites and away from newspapers and other print publications. But these three leading publishers are doing a good job adapting their businesses to the Internet, and profiting from it.
They own some of the best-known brands in this industry, which gives their online properties instant credibility. Strong web sites also make it easier for …read more »
Japan’s Nikkei 225 stock market index is now trading at 17,454, a level not seen since 2000. That’s despite the recent setback on global stock markets. The index bottomed out at around 8,000 in May, 2003, rose to 11,000 by the end of 2003, and then moved sideways until it started rising in mid-2005.
The Bank of Japan recently raised interest …read more »
Stock market indexes in Canada and the U.S. are up only 4% or so this year. But that disguises the underlying strength of the global economy.
U.S. growth was an annulized 2.5% in the second quarter of this year. While that’s down from 5.6% in the first quarter, it’s still strong considering that the U.S. Federal Reserve has continued to raise …read more »
MCGRAW-HILL COMPANIES INC. $49 (New York symbol MHP; Conservative Growth Portfolio, Consumer sector; WSSF Rating: Average) is a leading publisher of school textbooks. It also publishes BusinessWeek magazine and several trade journals, and owns four TV stations.
However, it gets roughly two-thirds of its profits from its Standard & Poor’s subsidiary, which provides credit ratings and opinions on a variety of …read more »
Demand for financial and business information is ballooning. A great deal of this information is available for free on the Internet, but users have doubts about its accuracy. So they are willing to pay for data they can trust from reputable sources, such as these four top providers of specialized business information.
Investors see a lot of value and long-term growth …read more »