Update Daily Investment News

Indonesia Hot Stocks-Bumi leads Bakrie group rally
Shares in Indonesia's Bakrie group rose across the board on Tuesday, lead by coal miner PT Bumi Resources after it agreed a contract with a Japanese buyer.
http://asia.news.yahoo.com/rtrs/20100406/tbs-markets-indonesia-bakrie-b246348.html

Indonesia's UT sees machinery sales up 22-25 pct
March 6 - Indonesia's biggest heavy equipment distributor and mining contractor, PT United Tractors, , said on Tuesday it expected to increase its heavy machinery sales by between 22 to 25 percent this year.
http://asia.news.yahoo.com/rtrs/20100406/tbs-unitedtractors-indonesia-b246348.html

Indonesia Keeps Main Interest Rate at Record-Low 6.5% (Update3)
(Bloomberg) -- Indonesia’s central bank kept its benchmark interest rate at a record low for an eighth straight month, judging that inflation isn’t yet enough of a threat to require higher borrowing costs.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZZAa4yAMA18

The End of Wall Street and the Fall of a Generation
A great interview this morning on Squawk Box with Roger Lowenstein the author of, “THE END OF WALL STREET.” In the book, Lowenstein theorizes that the financial crisis began long before the summer of 2008 and long before the failure of Lehman Brothers.
http://www.cnbc.com/id/36193141

Homebuilders May Lag Behind Stock Market, Credit Suisse Says
(Bloomberg) -- U.S. homebuilders will underperform the stock market in the next few months as demand slows after the expiration of a key tax incentive, Credit Suisse analyst Daniel Oppenheim wrote in a note to clients today.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aEwDTa87ozb8

Euro May Climb to 11-Week High of 130 Yen: Technical Analysis
(Bloomberg) -- The euro may advance to an 11-week high of 130 yen over the next month, Royal Bank of Scotland Group Plc said, citing trading patterns.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a4ofgI4NQEk4

Platinum May Reach $1,762, Commerzbank Says: Technical Analysis
(Bloomberg) -- Platinum, trading near a 20-month high, may rise toward $1,762 an ounce, according to technical analysis by Commerzbank AG.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayfsUTvi53o0

Gold Drops as Dollar Gain, One-Month High Prices Spur Sales
(Bloomberg) -- Gold declined as the dollar strengthened and on speculation that the metal’s increase to the highest level in almost a month is prompting some investors to lock in gains.

Market Headwinds Loom if Liberals Win 2010 Elections: Strategist
British Prime Minister Gordon Brown said he was dissolving Parliament and set a May 6 date for national elections. How does this news translate for the U.S.? Jeffrey Saut, chief investment strategist at Raymond James, shared his views.
http://www.cnbc.com/id/36192859

2 Under-Valued Stocks In An Over-Extended Market
With the Dow marching toward 11,000 and the S&P trading about 7% higher for the year, should you remain broadly bullish
http://www.cnbc.com/id/36181365

Why Markets May Face 'Fairly Major Downdraft'
The Dow inched toward 11,000 Monday as investors cheered some encouraging economic news. Noah Blackstein, portfolio manager at Dynamic Mutual Funds, and John Lekas, chief executive and portfolio manager at Leader Capital, discussed their market outlooks.
http://www.cnbc.com/id/36178122

5-Star Manager: Prep for $90 - $95 Oil This Year
Oil climbed toward $87 Monday on hopes that the US economy is indeed recovering. Should investors get on board? Shawn Reynolds, a Morningstar 5-star-rated portfolio manager at Van Eck Global, shared his outlook and stock picks with CNBC.
http://www.cnbc.com/id/36179517