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Daily Archives: June 2, 2009

bank

An Ethics Violation: Citigroup (C) To Skip Severance Payments

Posted: June 2, 2009 at 4:21 am

The Wall Street Journal reports that five executives who left Citigroup (C) will not get the balance of their severance payments which total several million dollars. The reason behind the ...
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Will Microsoft (MSFT) Spend $10 Billion On Bing?

Posted: June 2, 2009 at 3:47 am

The debut of the new Microsoft (MSFT) search technology Bing was greeted by mostly positive reviews. The only legitimate complaint about the launch is that the world’s largest software company ...
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oil

Does The S&P Top 1,000 Before Crude Trades Above $100?

Posted: June 2, 2009 at 3:39 am

There may be some exceptions to the rule that crude and the stock market both trade substantially higher for a long period of time. The price of oil is bound ...
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newspaper

Media Digest 6/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 2, 2009 at 2:58 am

Reuters:   Global consumer confidence is improving. Reuters:   GM (GM) filed for Chapter 11 and expects a quick exit. Reuters:   Most US retailers probably had sales drop in May. Reuters:   China ...
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Sunset

Asia Markets And Europe Open 6/2/2009

Posted: June 2, 2009 at 2:24 am

Markets in Asia were mixed. The Nikkei was up .3% to 9,704. The Hang Seng dropped 2.8% to 18,381. The Shanghai Composite rose .1% to 2,724. At the open in ...
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