The Recovery Act has about $5 billion set aside for what's called weatherization: a top-to-bottom effort to make homes more energy efficient. In terms of trickle down, federal funds go to a state agencies, which allocate money to local non-profit agencies, which then farm out the work to local contractors.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Soros Fund Management, the hedge fund run by billionaire investor George Soros, increased its holdings in U.S. stocks to $6.2 billion from $4.2 billion and bought a stake in Ford Motor.
Tuesday, 17 Nov 2009 | Source: The Associated Press
Soros Fund Management LLC, the hedge fund run by billionaire investor George Soros, increased its holdings in U.S. stocks to $6.2 billion from $4.2 billion and bought a stake in Ford Motor Co.
Stocks declined Tuesday as investors digested a slew of Fed statements. Disappointing comments from Home Depot and a rebound in the dollar weighed on the market.
Hedge fund manager Edward Lampert cut his stakes in housing and financial stocks during the third quarter, possibly suggesting he does not see a quick recovery following last year's financial crisis.
Home Depot posted a higher than expected quarterly profit Tuesday but warned that there was still a lot of pressure in the U.S. housing and home improvement markets, sending its shares lower.
U.S. stock index futures headed for a lower open Tuesday, after ending sharply higher in the previous season, as European stocks led the declines and added to the negative sentiment.
Monday, 16 Nov 2009 | Source: The Associated Press
Home Depot Inc., the largest U.S. home-improvement retailer, reports earnings for the fiscal third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
Sunday, 15 Nov 2009 | Source: The Associated Press
There's a tug of war in the financial markets between investors who believe the economy is on its way to a strong recovery and those who believe a rebound is likely to be slow and bumpy.
Investors are wondering if Target and Home Depot are 'playing mind games' after both warned on their outlooks yet posted quarterly profits that handily topped estimates.... Read More