Quantcast

Daily Archives: February 8, 2008

Exxon (XOM) Picks Hugo Chavez’s Pocket

Posted: February 8, 2008 at 6:36 am

Just as unstable Venezuelan president Hugo Chavez thought he was making off with $12 billion in Exxon assets the world largest oil company got him into court. The Exxon property ...
Read Full Story »

China Finds A Way Around US Investment Concerns

Posted: February 8, 2008 at 6:22 am

The US Congress is nervous about sovereign funds from places like China and the Middle East owning too many US banks and financial companies. Some how these firms are "strategic ...
Read Full Story »

The “Green” Movement Takes It On The Chin

Posted: February 8, 2008 at 6:14 am

Ethanol is supposed to be good for the environment. It throws off less greenhouse gas that carbon-based sludge like oil and coal. OPEC has even asked the US to slow ...
Read Full Story »

The Justice Department Gives Apple (AAPL) A Hand

Posted: February 8, 2008 at 6:01 am

Perhaps Steve Jobs has a relative as The Justice Department. The four largest music labels including Warner Music (WMG), Universal, and BMG want to band together and start a music ...
Read Full Story »

Alcatel-Lucent (ALU) Eviscerates Its Investors

Posted: February 8, 2008 at 5:51 am

The merger of Alcatel and Lucent was lame-brained from the start. It joined two weak companies in a troubled industry which includes also-rans like Nortel (NT). It is an ugly ...
Read Full Story »

Media Digest 2/9/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: February 8, 2008 at 4:05 am

According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it ...
Read Full Story »

Asia Markets 2/8/2008 (SNE)(TM)

Posted: February 8, 2008 at 3:40 am

Many markets in Asia were closed for a holiday.The Nikkei dropped 1.4% to 13,017. NEC dropped 2.9% to 401. Sony (SNE) dropped 1.9% to 4,620. Toyota (TM) dropped .3% to ...
Read Full Story »