BorgWarner (BWA) Beats, Raises - Auto Supplier Base Continues to Look Interesting

The auto supplier base is a huge ecosystem from large to small; most of the public companies are the larger firms who have some good economies of scale.  In my post about the potential General Motors IPO [Jun 16, 2010: What to Expect from a General Motors IPO], I mentioned how before the implos.

Imports slow second-quarter growth

Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

Imports slow U.S. Q2 growth, business spending surges

U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

Emboldened RIM readies new touchscreen BlackBerry

Research In Motion is not known for its dramatic flair. Like the BlackBerry itself, with its renowned email security, the Canadian smartphone maker seems to put function before form.

Probe ongoing as second sailor found dead

Officials are continuing to investigate a July 23 incident in Afghanistan's Logar province, after the body of a second U.S. sailor was recovered Wednesday.

Kenyan President expects massive participation in forthcoming referendum

Kenyan Head of State Mwai Kibaki said Friday that the prevailing unity among Kenyans and their leaders will cause the new constitution to get a massive turn out of voters.

Steve Madden (SHOO) Young Women's Shoes Apparently Nearly Recession Proof

My favorite stocks are companies who have a solid growth component combined with a positive technical condition.  Steve Madden (SHOO) is a name that has impressed me quite a bit during the past year and a half, as it would often - like J Crew (JCG) - stand out amongst the consumer discretionary.

EDF deal lifts Li Ka-shing as UK's top infrastructure owner

Hong Kong tycoon Li Ka-shing's $9.1 billion deal for British power grids from French electricity group EDF will double CKI's presence in U.K., making Li one of the biggest owners of Britain's infrastructure.

Ground Zero health bill fails

A bill to guarantee health care services to the multitude of people affected by exposure to toxins at Ground Zero, in the aftermath of the 9/11 terrorist attacks, failed of passage in the House of Representatives yesterday.

Chrysler profitable, no rush to IPO: CEO

Chrysler, the No. 3 U.S. automaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its bailout, the automaker's chief executive said on Friday.

Wall Street edges lower as investors mull slow recovery

Stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held trading to a tight range.

Cold winds of austerity blow across Eastern Europe

Although the government of Hungary has famously aborted talks with the International Monetary Fund (IMF) regarding its deficit and related austerity plans, a number of other countries in Eastern Europe have quietly begun the painful process of fiscal consolidation.