Newsletter Editors Beat Analysts On Cornered Wall Street
Hulbert’s analysis shows newsletters often called the plays ahead of analysts, with several Enron and WorldCom moves flagged before public collapse. Yet UC Davis research says analysts’ top picks would have yielded higher returns over 14 years, highlighting shifts with bull and bear markets. Analysts favor large caps while newsletters highlight smaller stocks, making blanket advice impossible.
MENTIONED IN THIS ARTICLE
Wall Street
Mark Hulbert
AAN Journal
Hulbert
American Association of Individual Investors
Enron
Forbes
WorldCom
Halbert
New York
Merrill Lynch
Anz
University of California- Davis
Brad Barber
Barber
Wall Street Faces Another Tough Week Amid Earnings Slump
Analysts warn ongoing earnings reports will keep pressure on markets with few signs of a near-term rebound. Prudential’s Bryan Piskorowski notes oversold conditions but limited buying reasons as Intel, Caterpillar, Siebel report weak results and more firms disclose earnings this week. Regulators probe corporate bookkeeping at AOL Time Warner and DaimlerChrysler while CEOs prepare to certify financial statements by mid-August.
MENTIONED IN THIS ARTICLE
Standard & Poor
Bryan Piskorowski
Prudential Securities
Bellwether
Intel
Caterpillar
Siebel
Wall Street
NBC
Meet the Press
New York Stock Exchange
Richard Grasso
Grasso
Ways to Improve Home Value Online Resources
Several organizations offer guidance on raising home value through planning improvements and financing. Resources include Better Business Bureau Home Improvement, 411 Home Repair, Federal Consumer Information Center housing tips, Homestore Home Improvement, ImproveNet contractor estimates and diverse how to guides.
MENTIONED IN THIS ARTICLE
Better Business Bureau
Bbb.org
Allhomerepair
Federal Consumer Information Center
Pueblo
Gsa
Cic
Homestore.com
Homestore
ImproveNet
WorldCom Seeks Bankruptcy Amid $107 Billion Asset Load
WorldCom files for bankruptcy with more than 107 billion dollars in assets and liabilities exceeding 65 billion. Analysts compare the filing to Enron and Global Crossing, while creditors include JP Morgan Trust and Mellon Bank. FCC vows consumer protection as investigators pursue malfeasance linked to CFO Scott Sullivan. Sidgmore pledges business as usual and potential sale of peripheral units.
MENTIONED IN THIS ARTICLE
Sidgmore
MCI
UUNET
WorldCom
Adelphia Communications
Global Crossing
Enron
J.P. Morgan Trust Co
Mellon Bank
N.A
CitiBank
Washington
David Fiske
Communications Commission
FCC
Scott Sullivan
Arthur Andersen
Also Mentioned on This Page
Gail Marks Jarvis
St. Paul Pioneer Press
Merrill
St Aie
By Chuck Myers
Knight Ridder Newspapers
Dilbert