Bulls Score With Skechers Call Options, Bears Board Royal Caribbean

The footwear designer's decision to purge inventory of some 2 million pairs of its Shape-ups sneakers in exchange for a $21 million loss pleased investors reviewing the somewhat ugly second-quarter earnings report released from Skechers USA

Source: http://blogs.forbes.com/greatspeculations/2011/07/28/bullish-score-with-skechers-call-options-bears-board-royal-caribbean/

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The Young and the Debt Ridden

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The Y Generation is struggling to find its footing in a recovering economy. With an abundance of credit being offered, young people are finding themselves sinking in debt before they have a chance to establish a firm financial foundation. Many individuals from the Y Generation are now considering debt consolidation as a answer to their payment woes.

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Martha's Peach And Blackberry Cobblers

By Martha Thompson, Director of Guest Relations

Ripe peaches bursting with juice and plump blackberries waiting to be plucked?these are some of the simple pleasures of late summer. I love to bake fruit desserts all throughout the year, but peach and blackberry cobblers are two of my favorites and are best in the late summer when the peaches and berries are at their peak.

Cobblers are a deep-dish fruit dessert, very popular in the South. Some versions are topped with pie crust, while others have a drop-biscuit or crumb topping. They are all simple to make and rely more on taste than fancy pastry preparation.

With summer speeding quickly to an end, I wanted to share a couple of my favorite cobbler recipes to help you take advantage of the waning weeks of fresh peach and blackberry season. Trust me?both of these recipes are well worth the calorie splurge!

Fresh Peach Cobbler

In late July, I begin watching for fresh picked peaches to arrive at my local grocery store and the farmer's market. Growing up in the South, peaches were a summer staple with our family. They are grown in Georgia, South Carolina, and Alabama?all states where you will find reigning Peach Queens, hundreds of roadside peach stands, and even water towers painted like giant peaches!

Regardless of where your peaches are grown, when picking your fruit choose fragrant, unblemished peaches that have a beautiful rosy blush. Because fresh peaches are highly perishable, don't buy more than you plan to use right away. Peaches will keep in the refrigerator for up to 5 days. Only refrigerate them when they are ripe, as the fridge will halt ripening. If your peaches still need to ripen, place them on the counter in a paper bag for a couple of days.

  1. Preheat oven to 350 degrees.
  2. Sift together flour, sugar and salt in a bowl. Work in the shortening with a pastry cutter until the mixture resembles coarse crumbs. In a small bowl, whisk together egg and cold water. Sprinkle egg mixture over flour mixture and work with hands to form a ball of dough. Divide dough into 2 parts and cover with plastic wrap. Chill at least 30 minutes.
  3. Roll chilled dough (1/8 inch thickness) to fit in a 9 x 13-inch baking dish, covering the bottom and halfway up the sides of your dish. Bake for 20 minutes, or until the bottom crust is golden brown and flaky. Set aside.
  4. Mix sliced peaches, lemon juice and orange juice in a saucepan. Add 1/2 cup of butter and cook over medium-low heat until butter melts.
  5. Stir together 2 cups sugar, cinnamon, nutmeg and cornstarch in a mixing bowl. Once blended, slowly mix into the peach mixture. Mix thoroughly and pour into the baked bottom crust.
  6. Roll remaining dough out and cut into strips, using a fluted pastry wheel or serrated knife for design. Weave crust in a lattice design over peaches and brush with melted butter followed by sprinkled sugar.
  7. Bake in preheated 350-degree oven for 40 minutes or until the top crust is flaky and golden brown. Serve warm, at room temperature or cold with whipped cream or vanilla ice cream (optional).

Easy Blackberry Cobbler

For those of you who would like a quick and simple recipe, in less than an hour you can serve up this easy fresh blackberry cobbler.

Part of my love for baking comes from fond memories of visiting my grandmother during the summer in southern Alabama. Even though the bushes scratched our arms and the juicy blackberries stained our hands, we thought it was such a treat to go blackberry picking and eat them right off the bush! But, my best memories were of the wonderful cobblers, jams and numerous other desserts that Grandma made from scratch using our bowls of fresh-picked blackberries.

When choosing your blackberries, select firm, shiny berries. Sort berries before you store in the fridge and remove any that are bruised or bad. Do not wash blackberries until you are ready to use them. Moisture will hasten the decay of your berries. Blackberries perish quickly, so use fresh-picked or store-bought blackberries as soon as possible.

Ingredients:

  • 4?5 cups of fresh blackberries
  • 1 tablespoon lemon juice
  • 1 large egg
  • 1 cup sugar
  • 1 cup all-purpose flour
  • 6 tablespoons melted butter
  1. Preheat oven to 375 degrees.
  2. Place blackberries in a lightly greased 8 x 8-inch square baking dish; sprinkle with lemon juice.
  3. Stir together egg, sugar and flour in a medium bowl until mixture resembles coarse meal.
  4. Sprinkle over fruit.
  5. Drizzle melted butter over topping.
  6. Bake at 375 degrees for 35 minutes or until golden brown and bubbly.
  7. Let stand 10 minutes.
  8. Serve warm with whipped cream or a scoop of vanilla ice cream, if desired. Makes 6 servings.

Get more recipes and goodies by following Martha on Twitter @Marthas_Place.

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Source: http://www.daveramsey.com/article/marthas-peach-and-blackberry-cobblers/lifeandmoney_other

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Five Stinky Utility Sector ETFs To Sell

We rec­om­mend investors avoid all util­ity sec­tor ETFs. There are no ETFs in the util­ity sec­tor with an attractive-or-better rat­ing from my methodology at New Constructs Research. None of the utility ETFs rank bet­ter than the S&P500.

Source: http://blogs.forbes.com/greatspeculations/2011/07/28/five-stinky-utility-sector-etfs-to-sell/

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Dollar Under Pressure After Strong Jobless Report

The yen rose against the dollar, euro and currencies of other leading nations after a Japanese government minister hinted that intervention to restrain its damaging rise would likely have to wait until after a resolution for the U.S. debt-ceiling is found.

Source: http://blogs.forbes.com/greatspeculations/2011/07/28/dollar-under-pressure-after-strong-jobless-report/

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Euro Craziness Is Screwing Swiss Economy Too


switzerland central bank

A number of Swiss companies are finding the high Swiss Franc is hurting their results, reports the WSJ.

In recent weeks the Franc has been on a high as it continued to be a safe-haven for investors, many of whom were about the unstable Euro.

Swiss companies face difficulty in keeping their goods and services internationally competitive as prices rise.

Now the Swiss watch makers and pharmaceutical companies that make up much of Switzerland's industry are trying to figure out ways to cut costs.

Lonza Chief Executive Stefan Borgas told the WSJ that his company is considering moving more of its production overseas to cheapen labor costs. Clariant has already began the process, WSJ reports.

Worse still, its unlikely that the Swiss government will intervene -- previous attempts in 2009 proved impotent.

Read more at WSJ >

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Source: http://feedproxy.google.com/~r/businessinsider/~3/SAQa_tgsLxA/swiss-franc-euro-switzerland-2011-7

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A Big Madoff-Inspired Blockbuster Is Finally Making It To Theaters -- Here's The Trailer (VIDEO)


tower heist

The trailer for Brett Ratner's "Tower Heist," about a group of burned investors striking back, just hit the Internet.

Ben Stiller stars as the leader of an apartment building staff conspiring to rob a Bernie Madoff-like resident (Alan Alda) who's just wiped out their pensions with a scheme.

Eddie Murphy is called in to help stage the robbery.

Imagine and Universal are betting that come November, the story will still resonate with moviegoers -- and considering the state of the economy, it probably will.

(Though that doesn't mean we'll necessarily ever get to see the rest of the Madoff movies supposedly in production.)

Video below.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/G0IoXOF3nwM/tower-heist-trailer-video-2011-7

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Unsecured Debt Elimination, Modern Day Scam Jobs

For those who have lived long enough and spent the time to pay close attention you may notice that trends usually appear in cycles. What is cool now will likely be cool again 10 years from now. Just take a look at all of the new fashions men and women are wearing these days. You [...]

Source: http://www.legaldebthelponline.com/2011/07/27/unsecured-debt-elimination-modern-day-scam-jobs/

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Five Stinky Utility Sector ETFs To Sell

We rec­om­mend investors avoid all util­ity sec­tor ETFs. There are no ETFs in the util­ity sec­tor with an attractive-or-better rat­ing from my methodology at New Constructs Research. None of the utility ETFs rank bet­ter than the S&P500.

Source: http://blogs.forbes.com/greatspeculations/2011/07/28/five-stinky-utility-sector-etfs-to-sell/

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