Lux Investing

Short Term Investing News

Companies sitting on cash, ready to spend itSaturday, July 31, 2010 @ 12:09PMThe $1.24 trillion in cash sitting in companies’ coffers may soon be going back to work to stimulate the economy. Standard & Poor’s 500 Index members are starting to open the purse strings on spending. In addition to raising dividends...

The great race for governorSaturday, July 31, 2010 @ 6:08AMAt 13.6 percent, Michigan’s unemployment rate is no longer the highest in the country.

Singapore hypocrisy: hang the drug couriers while investing with the drug baronsSaturday, July 31, 2010 @ 5:07AMThe net effect of the Singapore government’s barbaric hanging of drug courier Van Nguyen will be to increase profits for the government’s trading partner, Burmese drug lord Lo Hsing Han. While the high-profile execution will no doubt reduce the supply of heroin somewhat, the inelastic demand by addicts will just increase the margin to the wholesaler, [...]

P&Z: Thumbs down to RV parkSaturday, July 31, 2010 @ 12:58AMThe Williston Planning and Zoning Commission voted to recommend denial of a proposed RV park during its meeting Monday evening.

Work set to begin on dementia unitSaturday, July 31, 2010 @ 12:22AMwork is set to start on the creation of a dementia unit in Bury.