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Daily Archives: June 2, 2008

The Death Of Creative Destruction: Planes, Trains, And Automobiles (GM)(TM)(DAL)(NWA)(CAL)(AMR)

One of the most brilliant theories in business is that large companies are destroyed by more nimble competitors. Over time, the small companies become the large ones. The genius and ...
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Media Digest 6/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the head of Harris Bank said the company was not for sale.Reuters writes that Toyota (TM) will cut its sales forecasts for the US.Reuters reports that Nomura ...
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Asia Markets 6/2/2008 (SNE)(TM)(LFC)(CHL)(SNP)

Markets in Asia were mostly higherThe Nikkei rose .7% to 14,440. Sony (SNE) rose 4.6% to 5520. Toyota (TM) rose 1.9% to 5470.The Hang Seng was up 1.5% to 24,890. ...
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