Free Republic

by J.L. Yastine July 21, 2016 A massive stock market rally is at our doorstep, according to several noted economists and distinguished investors. Larry Edelson, a Money and Markets editor, predicts: “The Dow Jones Industrial will lead the way higher and catapult to 31,000 over the next two years.” Ron Baron, CEO of Baron Capital, thinks: “It’s going to be 30,000.” Jeffrey A. Hirsch, editor-in-chief of the Stock Trader’s Almanac, believes it will go even higher: “The Dow Jones Industrial Average will surge to 38,820 in a ‘super boom’ beginning in 2017.” However, Paul Mampilly’s “Dow 50,000” predication is really...

DOW HITS NEW BULL-MARKET HIGH: Here's What You Need To Know Sam RoFebruary 27, 2013, 4:00 PMWow! What a huge day for stocks. First the scoreboard: Dow: 14,075, +175.2 pts, +1.2 percent S&P 500: 1,515, +19.0 pts, +1.2 percent NASDAQ: 3,162, +32.6 pts, +1.0 percent And now the top stories: * The Dow closed at a new post-crisis, bull-market high. The S&P 500 got close. Both indices are near their all-time highs. The Dow closed at its all-time high of 14,164 on October 9, 2007. The S&P closed at its all-time high of 1,565 that same day. * The big...

European, Asian and Canadian companies are taking advantage of the weaker dollar to buy their U.S. counterparts at a record pace, increasing investment in the United States but also raising fears about a potential loss of jobs and autonomy. "We could be looking at the world's largest tag sale if we continue to see declines in the dollar," said Donald Klepper-Smith, chief economist at DataCore Partners. In the latest large deal aided by a weak dollar, Commerce Bancorp, which is based in Cherry Hill, New Jersey, agreed Tuesday to be acquired by Toronto-Dominion Bank of Canada in a cash-and-shares deal...

SAN FRANCISCO — Gov. Arnold Schwarzenegger said Wednesday his movie-star celebrity and his boundless enthusiasm for all things California make him a great international salesman for the state's products and services. Speaking to the Commonwealth Club of California at the Herbst Theater, the governor said he will go anywhere to tout California's wares, "to go out there and tell our story" to buyers in any nation. "They want our products, they need our environmental know-how ... and our state-of-the-art technology." Democratic gubernatorial candidate Phil Angelides' campaign Wednesday issued a pre-emptive memo outlining Schwarzenegger's foreign-trade failures: fewer exports now than in...

WASHINGTON - The Securities and Exchange Commission will adopt a new policy on subpoenaing journalists, SEC Chairman Christopher Cox said Thursday in a move to resolve a controversy over the agency's recent demands for reporters' records. Cox and the other four SEC commissioners decided unanimously at a closed-door meeting to issue "clear principles" to guide agency attorneys on media subpoenas within the next week or so, he told reporters in a meeting. On Monday, after news reports had appeared on the matter, Cox took the unusual step of halting the agency's pursuit of subpoenas previously served on columnists for...

A regulatory investigation into allegations of collusion between short-sellers and a stock-research firm has led to the serving of subpoenas on TheStreet.com and its co-founder and major shareholder, James J. Cramer. Both TheStreet.com, which publishes this Web site, and Cramer, who writes a column on its RealMoney subscription site, have objected to the government's demands for communications between journalists and their sources. The subpoenas are related to a Securities and Exchange Commission investigation into allegations that Gradient Analytics, an Arizona stock-research firm, published bearish research reports at the behest of a group of short-sellers, including Rocker Partners, a minority...

RadioShack to close up to 700 stores Fri Feb 17, 2006 1:16 PM ET By Nicole Maestri NEW YORK (Reuters) - RadioShack Corp. (RSH.N: Quote, Profile, Research), whose chief executive has admitted to lying on his resume, on Friday said quarterly profit fell 62 percent after a switch in wireless providers led to an inventory write-down, sending its shares to a nearly three-year low. The consumer electronics retailer, which said it was hiring legal counsel to investigate the admission by CEO David Edmondson, also announced a new turnaround plan that includes closing 400 to 700 company-operated stores and liquidating slow-moving...

Rumors are always abound all over the place. It could be your cousin is seeing someone a little older than they should be. Maybe your brother got a speeding ticket no one was supposed to know about. Or perhaps a former president of the United States might be considering a job at the top of a tech company.The blog, VoIP Watch, reported on the number of visits Bill Clinton has been making to Microsoft's facilities up in Redmond, Wa. According to their reporting, Clinton has been in talks with Microsoft for several months, interviewing him for the top slot. This...

From the Overstock Message Board - 3/13/05 Dear Colleagues, The issue of “naked shorting” seems to be becoming a news item, and is even (perhaps) a scandal in the making: I have been called by several publications in the last week to discuss the issue, and there is word of a major exposé on a network news program to run soon. This is especially topical, given the issue of Social Security private accounts. As is known by those who have been regular readers of this board, my involvement with the issue is that of a concerned citizen. However, I figured...