Fisher Capital Management Warning -Investors Take Warning: Storm Clouds Gathering

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NEW YORK (TheStreet) -- Take out chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Could perhaps. U.S. and Europe comparable sales were up a.4% and 2.3%, respectively. Same-store sales rose 4.3% your Asia/Pacific, Middle East and Africa.

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Visa Us president Joseph Saunders, in a gathering call with analysts, said the payment processor would introduce a network participation fee in the united states for all of its debit, credit and prepaid card services.

With over $1 trillion worth of mergers and acquisitions deals this year, the U.S. stock market has ascended into new record highs within both the Dow Jones and the S & P 500 indices in spite of a slowed Oughout.S. economy. Yesterday the S & P 2000 hit 1 new record at the closing bell. This year's mergers and acquisitions pace is, itself, record-setting.

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For complete year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the contract to April 1, the 2010 season. That may be the day that Borders wholly. Border's shares trade at $1.47, down in the 52-week a lot of $8.02.

However in 1998, LTC lost $4.6 billion inside of four months when Russia defaulted on its secured loans. Long Term Capital consisted of John Meriweather, the first sort vice-chairman and head of bond trading at Salomon Brothers. Board of director members included Myron Scholes and Robert C. Merton, who shared the 1997 Nobel Prize in Economics. The most brilliant economic minds failed because they didn't properly cover the risk that the presents. Yes, even a country defaulting on its sovereign debt can happen.

Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter vs. last year as gross margins deteriorated and contract backlog gone down.

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