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Archive for July, 2008

Cramer Calls The Bottom Of The Market

Jim Cramer, on his Mad Money TV show on CNBC announced that he thinks the stock market has hit the bottom and will not return to the lows seen on July 15.  Cramer said that investors should buy on the next big dip as he thinks a huge upside is near.  One of the reasons [...]

FCC Approves XM Sirius Merger

Over a year after Sirius and XM announced that they intened to merge, the FCC has finally given the deal the green light. The Department of Justice had already ruled that the two companies merging would not be a monopoly, and the final decision was on the FCC. Yesterday the FCC finally announced [...]

Bernanke Says Market Outlook Is Uncertain

Bernanke was reported as acknowledging the fact that the future of the market is uncertain, according to this MSN article.  Rising oil prices and all the problems surrounding the financial sector are among the leading factors leading to the markets unpredictability as of late.