Archive for May, 2009
May
29
2009
 
End of an Era: GM Going Bankrupt On MondayPosted by: yahootechticker in Yahoo Tech TickerFrom TheBusinessInsider.com, May 29, 2009GM will file for bankruptcy on Monday, Bloomberg says.
May
29
2009
Crude Hits Six-Month High: Oil’s Rise Could Crush the ‘Green Shoots’Posted by: yahootechticker in Yahoo Tech TickerThere’s two sides to every coin, and the other side of the “economic recovery” coin is higher oil prices, which could give the green shoots a serious trim.Crude prices hit a six-month high above $66 per barrel Friday morning, following another d
May
29
2009
Let’s Focus on Saving Journalism, Not Newspapers, Huffington SaysPosted by: yahootechticker in Yahoo Tech Ticker
May
29
2009
Arianna Huffington: Obama Is Wrong About Wall St. and I’m No LeftyPosted by: yahootechticker in Yahoo Tech TickerCARLSBAD, CALIF. — It may come as a surprise to many, but Arianna Huffington does not consider herself or the Huffington Post liberal or a lefty.”We call them as we see them [and] pursue the truth wherever it takes us,” Huffington says. ” The global economic slide has combined with increased retail competition to pressure the glamorous industry, forcing many stores to consider closing. Following a spending plan has as much to do with attitude as it does with finances. It should suit your goals — no one else’s — and here’s how to figure that out. How has the legendary investor reacted to the swings in the market? SEC filings reveal the recent portfolio tweaks by his company, Berkshire Hathaway. The rally gains traction as GM appears headed to a smooth bankruptcy. Crude oil tops $65. Dell earnings win cheers from investors. A report on new-home sales disappoints, and homebuilding shares slump. Time Warner will spin off AOL.
May
28
2009
Dow 10,000, Revisited: Paul Kedrosky Sees Stocks "Considerably Higher" by Year-EndPosted by: yahootechticker in Yahoo Tech TickerCARLSBAD, CALIF. — Stocks rallied sharply Wednesday, resuming the climb off the March lows, a move Paul Kedrosky attributes to the “‘the world hasn’t ended’ trade plus inventory restocking.”Citing the ongoing skepticism in the rally’s st
May
28
2009
Obama’s Cyber Czar Should Obey "Cybersecurity Commandment"Posted by: realclearmarkets in RealClearMarketsToday, President Obama is scheduled to name a “cybersecurity czar with a broad mandate”, and issue a report outlining the government’s security policies. The “czar” is to manage and coordinate government technology policy. Such a role could make sense if it were limited to “bringing government into the 21st century.” But given the constant temptation for meddling in technology policy by politicians from both parties, a “czar” can easily become a leader in the drive to regulate someone, somewhere, rather than simply tend to government modernization. After the much-heralded ‘merger of the century’ seemingly became the worst merger in history, the cable giant will separate AOL into an independent company. From The Business Insider, May 28, 2009: The housing market is crashing, and it’s taking us, our banks, our economy, and our government down with it. …
May
28
2009
Valley Legend Ron Conway on Twitter, OpenTable, Facebook’s $10B Valuation and The Next Big ThingPosted by: yahootechticker in Yahoo Tech TickerCARLSBAD, CALIF. — After a Russian Internet-investment group, Digital Sky Technologies, invested $200 million in social networking giant Facebook earlier this week, the company’s implied valuation jumped to $10 billion.”It’s very significant,” The government and secured lenders, including bondholders, could get some money back if the automaker files for Chapter 11. But shareholders would be wiped out.
May
28
2009
Worst May Be Over But Economy Won’t Recover Until 2010Posted by: yahootechticker in Yahoo Tech TickerFrom The Business Insider, May 28, 2009: Yes, okay, the worst may be over, says Harvard professor Martin Feldstein. But don’t go hallucinating that this means it’s going to be all champagne |
|
