08.26.08
We've all heard about the disaster in the financial sector due to problems in the housing market. But the automotive industry is quickly following the housing into the financial abyss! With slumping sales and losses as preowned SUVs and trucks take a nosedive in value, it looks like the auto industry is in serious trouble right now.
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Solarfun Power's Earnings 08.27.08
This morning, Solarfun Power (SOLF) reported second-quarter earnings of 1.62 a share (that's in renminbi, the Chinese currency) which is 0.13 better than Wall Street's forecast. Net income rose 285% and sales nearly tripled to 1.35 billion which beat the...
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Week of 08.26.08
| Video Demo |
| Stock | Symbol | Grade | |
|---|---|---|---|
| Continental Ai | CAL | C | HOLD |
| General Electr | GE | D | SELL |
| Goldman Sachs | GS | B | BUY |
| Hewlett-Packar | HPQ | B | BUY |
| Honda Motor Co | HMC | B | BUY |
| Starbucks Corp | SBUX | D | SELL |
| Suncor Energy | SU | B | BUY |
| Stock | Symbol | Grade | |
|---|---|---|---|
| Baidu.com Inc. | BIDU | A | BUY |
| Google Inc. (C | GOOG | B | BUY |
| Netease.com In | NTES | A | BUY |
| SINA Corp. | SINA | B | BUY |
| Sohu.com Inc. | SOHU | A | BUY |
| Time Warner In | TWX | C | HOLD |
| Yahoo! Inc. | YHOO | C | HOLD |
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Chinese for "Google"
Googol is the mathematical term for a 1 followed by 100 zeros. Google's (GOOG) brand name is a play on words that reflects the company's goal to organize the mammoth amount of information out there in cyberspace. Since going public in 2004, the company is now the #1 search engine in the world–that is, the world excluding China. You see, China's got its own search engine brand–one that the Chinese depend on more than its American counterpart. This Chinese stock's name literally means hundreds of times, but it represents a much larger concept–the persistent search for the ideal…
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James Massie Johnson, Winston-Salem, NC
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