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Daily Archives: November 18, 2007

China Freezes Lending, Risks Breaking Economy, Stock Market

In an extremely dangerous move, the Chinese central government has put a halt to a great deal of the bank lending in the country. According to The Wall Street Journal ...
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Is Nvidia (NVDA) A Buyer For AMD (AMD)?

Mubadala Development Co, the investment arm of  the Abu Dhabi government, put $622 million into AMD (AMD) last week to buy 8.1% of the company at $12.70 a share. The ...
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Is Abu Dhabi Driving Down The Dollar?

The $650 billion Abu Dhabi Investment Authority is planning to move more if its investment capital into emerging markets. Its management believes that countries like India and China have more ...
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Washington Post (WPO) Versus NY Times (NYT) Online

The Washington Post Company (WPO) and New York Times (NYT) have been posting very different numbers in their online businesses. While the NYT figures show that its internet operations could ...
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Citigroup (C) May Hire Royal Bank of Scotland Chief To Be CEO

Citigroup (C) may look outside the US for its next CEO. According to The Telegraph, Royal Bank of Scotland CEO, Sir Fred Goodwin, "is understood to have been informally approached ...
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GM (GM) Launches Big “Sale” To Cut Inventories

It looked like things were getting better for the US car industry, but then along came higher fuel prices and the housing slump. Those UAW deals don't look like such ...
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