J.P. Morgan turns positive on home-builder sector

Date: Friday, September 18, 2009

J.P. Morgan turns positive on home-builder sector

A J.P. Morgan analyst lifts his view on the home-builder sector to positive
from negative, saying the housing market has made it through the worst
of the correction.

PALM SHARES FALL ON CONCERNS ABOUT OUTLOOK

The maker of wireless devices reported better-than-expected quarterly
results but issued a disappointing forecast for the current period.

AMR, BA, QANTAS MAY TEAM ON JAPAN AIRLINES OFFER

American Airlines, British Airways Plc. and Qantas Airways Ltd.
reportedly plan to join forces on a proposal to recapitalize
cash-strapped Japan Airlines.

HAVE BIOTECH STOCKS FINALLY RECOVERED?

Biotech stocks seem to have finally recovered from their harrowing
fall off the market cliff earlier this year, though some may wonder if
the gains will hold.

CORPORATE DEBT LEVELS MAY LIMIT CONTINENTAL GROWTH

in Continental Europe don't flash their plastic nearly as much as the
average American or Brit, but companies on the Continent haven't taken
that thrifty attitude to heart -- and may pay the price now, some
strategists and fund managers say.