Archive for the ‘BloggingStocks’ Category:

eBay (EBAY) shares hit a seven-year low

{ Posted on Feb 27 2009 by Michael Fowlkes }
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Shares of online auction giant eBay (NASDAQ: EBAY) have dropped sharply today, pushing the stock down to lows not hit in seven years.The stock, which has dropped over 20% so far this year, is down 8% on the day to ...Read More »

Elie Wiesel suggests a punishment for Madoff

{ Posted on Feb 27 2009 by Zac Bissonnette }
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One of the saddest stories to come out of the Bernie Madoff saga is that of Elie Wiesel. The Holocaust survivor, Nobel Laureate and activist saw nearly all of the assets of his foundation wiped out in the Ponzi scheme. ...Read More »

UConn Huskies Coach defends his salary. . . sort of

{ Posted on Feb 27 2009 by Zac Bissonnette }
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University of Connecticut Huskies coach Jim Calhoun was recently asked about his $1.6 million salary by a reporter during a press conference. Calhoun didn't like the question and thing went a little well, off-kilter.Now the Connecticut General Assembly's higher education ...Read More »

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 »

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{ Posted on Feb 27 2009 by BloggingStocks }
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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 »

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 »

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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