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Daily Archives: October 12, 2007

China Market Bubble Gets Much Worse

The markets in China have gotten so out of hand that companies doing IPOs are upset it they do not get a 100% return on the first day out. The ...
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Why Citi (C) Can’t Fire Chuck Prince

Citigroup CEO-for-life Chuck Prince engineered another major reorganization of his senior management group. This time the reason was all of the mortgage and fixed income losses the bank had. The ...
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Wal-Mart (WMT) Loves Chinese Imports

Wal-Mart (WMT) CEO Lee Scott had a special message for his investors and customers. Chinese stuff may break or be dangerous. But, it is cheap."Right now, the way it works, ...
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Amgen: 24/7 & Business Week Compare & Contrast (AMGN, BIIB)

It seems that the thoughts of 24/7 Wall St. aren't alone in the opinion of Amgen's (NASDAQ:AMGN) future.  In this morning's issue of Business Week's "Inside Wall Street" segment, George ...
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Media Digest 10/12,2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, a sharp fall in shares of China internet company Baidu (BIDU) raised fear that the tech market has topped.Reuters (RTRSY) reports the Citigroup (C) has gone through ...
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Asia Markets 10/12/2007

Markets in Asia were down.The Nikkei fell .8% to 17,331, Sony (SNE) was off 4.3% to 5530. Toyota (TM) fell 1.9% to 6560.The Hang Seng fell .8% to 28,893. China ...
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Elizabeth Arden Must Plan on Keeping Britney Spears (RDEN)

Is it more surprising that Elizabeth Arden (NASDAQ:RDEN) launched the new Britney Spears "believe" fragrance, or is it more surprising that Arden launched it with the Britney Spears name on ...
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