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Morningstar

Intuitive Surgical: Medical Device Stocks Look Oversold - But Not Recession Proof (at Seeking Alpha)

by: Donald Johnson posted on: October 12, 2008 | about stocks: ) is trading at $163, far below its Morningstar.com's revised estimate of its fair value and its July 26 estimate of $175, which was made when the stock was at a...

Want to be like Buffett? There are ways

By Gail MarksJarvis | Tribune staff reporter Frustrated by the financial meltdown, some investors have an idea: Stand next to a winner. Berkshire Hathaway, of course, is the company Warren Buffett operates. Through Berkshire,...

Stock mutual funds fell 11% in 3rd quarter

U.S. stock mutual funds fell 11 percent in the third quarter, matching the steepest decline in six years, as the seizure of credit markets pushed financial companies into collapse and forced the government to intervene.

Mutual funds are also taking lumps

Janet Kidd Stewart | Chicago Tribune Mutual funds aimed at retirees haven't been immune from the credit crisis. Target-date mutual funds geared to retirement dates in 2005 and 2010 and the new managed payout funds designed to...

Earnings Outlook: Market woes expected to bite into Bank of N.Y. Mellon's results

Bank of New York Mellon Corp., one of the world's largest custody banks and asset managers, is expected to announce quarterly results next week that reflect the credit pain that is afflicting all financial institutions.

Wells CEO seeks to reassure Wachovia workers (at bizjournals.com)

Atlanta Business Chronicle - by employees, indicating that massive layoffs are not a part of its acquisition plan. “We know this has been a time of great uncertainty for Wachovia team members and many of its customers as their...

Dear candidates: Want to help the little guy? OK, here's how

Dear Senators McCain and Obama, I'm writing on behalf of fund investors everywhere, the kind of average consumers you are counting on to prop up the economy, the type of average investors you are asking to stay patient and stay...

Despite IBM profits, a tech gloom still looms

Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived again Thursday. There's just not...

Despite IBM profits, a tech gloom still looms

Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived again Thursday. There's just not...

With market meltdown, which tech firms become predator and prey?

While most eyes are still on stopping the bleed on Wall Street, smart tech companies will likely take a page out of Warren Buffet's playbook by looking for merger and acquisition opportunities with stocks at multi-year lows.

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