Archive for February, 2009:

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{ Posted on Feb 27 2009 by BloggingStocks }
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Want to buy a second-hand hedge fund? Come to SecondMarket

{ Posted on Feb 27 2009 by Connie Madon }
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"Did you go to Sally's yesterday (Salvation Army)? "Why yes, I bought a nice skirt and a matching blouse." How about a second-hand hedge fund? A wild idea has been born by Second Market, which describes itself as the world's largest ...Read More »

Public Storage (PSA) soars as Q4 earnings beat estimates

{ Posted on Feb 27 2009 by Brent Archer }
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Public Storage (NYSE: PSA - option chain) shares are headed higher today after the company reported a fourth-quarter profit of $151.7 million after the close yesterday. PSA's funds from operations of $1.49 per share beat analysts' projections of $1.28 per ...Read More »

Dr. Phil passes the octo-buck?

{ Posted on Feb 27 2009 by Beth Wechsler }
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Filed under: Kids and MoneyFrom the viewpoint of a clinician who has 36 years of experience, primarily in children's services, Dr. Phil McGraw has done some nice work with Nadya Suleman this week. Inconvenient though it may be, reality is ...Read More »

G.E. Finally Cuts the Dividend

{ Posted on Feb 27 2009 by Ockham Research Staff }
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In a move that has been speculated about for quite some time, General Electric (GE) finally cut their dividend by 21 cents.  CNBC’s brought the breaking news, “… GE will ultimately of course reduce the payment of the dividend to ...Read More »

Three words to stall foreclosure: ‘Produce the note’

{ Posted on Feb 27 2009 by Peter Cohan }
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Are you in foreclosure proceedings? If so, you can stay in your house longer than you might have thought. All you have to do is tell the bank to hand you a copy of the mortgage contract that proves you ...Read More »

New taxes to soak private equity and hedge funds

{ Posted on Feb 27 2009 by Tom Taulli }
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Who's going to pay for the massive budget deficits? Well, how about the rich folks?This is certainly a theme in President Barack Obama's 2010 budget. Thus, if you are an alternative asset manager - that is, you operate a private ...Read More »

Will Best Buy (BBY) have a harder time competing with Circuit City gone?

{ Posted on Feb 27 2009 by Brian White }
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Best Buy, Inc. (NYSE: BBY) remains as the only large national retailer in the U.S. that deals in the consumer electronics realm. Its largest competitor, Circuit City, is a month away from ceasing to exist (in liquidation), and even with ...Read More »

Times Square to get a makeover for less traffic, more fun

{ Posted on Feb 27 2009 by Ariston Anderson }
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Filed under: Shopping, TransportationOh, Times Square, that infamous midtown neighborhood that New Yorkers avoid like the plague and tourists from all over the world flock to. That place is remarkable for its blinding, building-size advertisements and how you can't step ...Read More »

Growth Matters: Cellfire puts coupons into your mobile

{ Posted on Feb 27 2009 by Peter Cohan }
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With all the gloom in the global economy, I got to wondering whether there is anything else going on in the world of business. I'm looking for growth because I think that's what will ultimately bring the economy out of ...Read More »
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