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Daily Archives: June 5, 2008

Wal-Mart (WMT) Erases All Doubt, Fuels Recession Concerns

The stories about the death of Wal-Mart (WMT) have been disappearing over the last few months as the world's largest retailer posted remarkable sales.Now, there is nothing left to argue. ...
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Verizon And Alltel: Too Much Power In Two Sets Of Hands

Word from Vodafone (VOD), which owns part of Verizon Wireless, and other sources is that Verizon is looking at a purchase of Alltel, another cellular carrier. TPG Capital and Goldman ...
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Useless News Of The Day: Ford (F) And GM (GM) Do Well In JD Power Quality Survey

Everyone in the car industry waits for the once-a-year JD Power Initial Quality Study to come out. The poll looks at how many defects a car has in the first ...
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Useless News Of The Day: RIM (RIMM) Blackberry Can Be Used To Trade Stocks (AAPL)(GOOG)(SCHW)(AMTD)(NOK)(ETFC)

It is almost impossible to understand why business people could not use their RIM (RIMM) Blackberry devices to trade stocks until now. The Blackberry can run e-mail applications and the ...
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Useless News Of The Day: Ballmer And Gates Fought Eight Years Ago (MSFT)

The top story at WSJ.com today is that Bill Gates and Steve Ballmer, heads of Microsoft (MSFT), had a series of fights over control of the company. That was eight ...
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Useless News Of The Day: Son Of Sex Therapists Join Wal-Mart (WMT) Board

Most of the descendants of Sam Walton, the founder of Wal-Mart (WMT) have often been a quart low. That may be why none of them has run the company. One ...
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News Digest 6/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, nuclear energy is beginning to make a comeback Reuters reports that Vodafone (VOD) said Verizon Wireless is in talks to buy Alltel.Reuters writes that Corporate Express will ...
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Asia Markets 6/5/2008 (CN)(SNP)

Markets in Asia were mixed.The Nikkei fell .7% to 14,341. Hitachi was down 2.3% to 772. KDDI was down 2.1% to 698000.The Hang Seng rose .7% to 24,285. China Netcom ...
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