By
admin on April 10th, 2011
Reuters – Johnson & Johnson will pay $78 million to settle U.S. and UK charges that it paid bribes and kickbacks to win business overseas, the first big drug company to settle since the Obama administration began its scrutiny of the industry more than a year ago.
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By
admin on February 14th, 2011
AP – Stocks are mixed in afternoon trading as investors weighed the impact of President Barack Obama’s budget proposal for the next fiscal year.
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By
admin on November 4th, 2008
Paul R. La Monica at CNN money talks about the effect of Obama and McCain on stocks. It was based from a research firm International Strategy and Investment (ISI). Andy Laperriere, a managing director of ISI’s policy research team in Washington, has put together a portfolio of 20 stocks for an Obama portfolio and 20 more for a McCain portfolio.
Here are the summary:
- Alternative energy companies could do well under Obama, since it is likely that an Obama administration would push for more subsidies for alternative energy. So he pick Covanta Holding (CVA), solar energy leader First Solar (FSLR) and Vestas Wind Systems (VWSYF). Other stocks which will do good under Obama: Vulcan Materials (VMC), Granite Construction (GVA), URS (URS), GM (GM).
- As for McCain, companies with exposure to nuclear energy could do well since McCain has consistently advocated nuclear as a viable alternative energy source. Shaw Group (SGR, Fortune 500), and Exelon (EXC), could both benefit from a McCain victory. Other stocks which will do good under McCain: Pfizer (PFE), Novartis (NVS), Unitedhealth (UNH), WellPoint (WLP), Aetna (AET), General Dynamics (GD), Northrop Grumman (NOC), KBR (KBR).
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