Hovnanian Enterprises Inc. shares jumped the most since December 2004, leading homebuilders higher, on speculation Warren Buffett’s Berkshire Hathaway Inc. via Bloomberg

Original post by Bloomberg

“Things almost everywhere else in the world are very solid”

Baker Hughes Inc. warned on Friday a “significant deterioration” of activity and profitability in Canada would hurt its second-quarter profit, knocking down stocks in several oil service peers. via International Business Times

Original post by International Business Times

“I haven’t used these ETFs yet, but I love the idea of them, in particular the bear market financials ETF”

The rising star among Canadian exchange-traded funds is an unusual animal - it allows investors to profit handsomely from a bear market for stocks. via The Globe and Mail

Original post by The Globe and Mail

SHARE prices on Bursa Malaysia ended mixed yesterday when bargain-hunting in blue chips led by Tenaga limited the losses posted by lower liners, an analyst said. via Business Times

Original post by Business Times

“I think investors are anticipating earnings to be moderately good”

Wall Street’s stunning reversal this past week - going from a nearly 150-point drop in the Dow industrials Tuesday to an astonishing 283-point surge two days later - looks like a rally without reason. via Houston Chronicle

Original post by Houston Chronicle

“There is no denying it. It is ugly out there”

Say goodbye to easy money - and watch out for the far-reaching effects. The drying up of the free-flowing cheap-debt spigot has been battering the housing market for months, and it’s now spilling over to other … via Forbes

Original post by Forbes