about -1 years ago - No comments
Ever since Twitter Inc. broke on the scene at the annual South By Southwest festival three years ago, the techie crowds have multiplied at the Austin conference better known for its film and music. Foursquare Inc., another hot start-up, made noise last year when it launched there. Now that the tech portion of the festival [...]
about -1 years ago - No comments
Fannie Mae cut its home sales forecast for 2010, after the housing market faced a “setback” during the first quarter of the year.
The setback was brought on by demand that was far weaker than expected when Congress last year extended the home buyer tax credit and appears to be temporary, according to a research report [...]
about 1 hour ago - No comments
Economic bellwether Fedex reported earnings ahead of analyst expectations for their third fiscal quarter ending February 28th, raised their full year forward earnings guidance, and then spoke of a broadening recovery on their analyst conference call.
This comes after they had already become confident enough to increase rates on North American Less-than-truckload (LTL) shipments starting from [...]
about 1 hour ago - No comments
Teva Pharmaceutical will acquire Ratiopharm Group International for €3.63 billion ($4.97 billion).
The deal marks the biggest takeover in the generic drug market since Teva bought U.S.-based Barr Pharmaceuticals for $7.46 billion in 2008. Israel-based Teva expects to close the Ratiopharm deal by the end of this year and sees synergies of at least $400 million, [...]
about 2 hours ago - No comments
First 130 Congressmen, now Greece: the examples of people who have no idea what the definition of negotiating leverage means just don’t stop. G-Pap has decided to go all in on 2-7 off suit. The problem is everyone knows what his cards are, and his bluff is about to be promptly called by everyone; too [...]
about 2 hours ago - No comments
Can you believe Porsche placed at the top of a J.D. Power long-term dependability study? Rising from ninth place last year? The annual study measures problems experienced by the original owners of vehicles after three years.
Last year, Buick and Jaguar tied for first- however, this year Buick came in third, tied with Lexus. And [...]
about 2 hours ago - 1 comment
The Greek Tragedy is unfolding pretty much as I expected. Readers, at
least (if not Greek citizens) should be comforted to hear that things
are going as anticipated. From CNBC: Greek Bank Shares
Fall on EU Support Worries
Greek bank shares fell more than 4.0 percent on Thursday,
underperforming the broader Greek market, on worries Greece may be
forced to turn [...]
about 2 hours ago - No comments
Seek and ye shall find. Never has this been more true than combing through theStreet’s (much delayed if at all available) financials. As investors may have been digging through the company’s SEC reports to find out just what the financial website’s unadjusted EBITDA is (hint: much, much less than its “adjusted” cousin), one stumbles upon [...]
about 3 hours ago - 1 comment
(This guest post originally appeared at the author’s blog)
The United States government has made a curious series of interventionist moves over the course of the last 18 months. Some have been beneficial, but not surprisingly, few of these policies are actually helping the economy recover from the Great Recession.
As I’ve previously mentioned, Keynesianism can work. [...]
about 4 hours ago - No comments
The twin forces of recession and broad demographic shifts have sparked a return to the multi-generational household, according to this report from the Pew Research Center.
According to the report, about 49 million Americans, or about 16% of the population, lived in a household with at least two adult generations. That compared with 28 million, or [...]
about 1 week ago
sharks have live birth
about 1 week ago
The ones running the governments don't give a damn, that's why. They are only in it for themselves and to get whatever they can that will benefit them and to hell with everyone else. This is harsh, but it's the absolute truth.