Year: <span>2008</span>
Articles
Sir Howard Stringer’s appointment in 2005 as Sony’s CEO was meant help turn the company into what it used to be–Apple (AAPL) based in Tokyo and not Cupertino. With products like the Walkman and...
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It is easy to look at Kuwait’s abandonment of a deal with Dow Chemical (DOW) as a simple economic decision on the part of the small Arab country. But, the country’s Parliament was involved. It...
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For decades, labor’s strongholds were in the car business, newspapers, states and municipalities, and transportation. Between the UAW and the AFL-CIO millions of workers had jobs which were...
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According to Reuters, Kuwait canceled a $17 billion joint venture with Dow Chemical (DOW).Reuters reports that Credit Suisse (CS) clients may have lost $926 million on the Madoff scam.Reuters reports...
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Markets in Asia were mixed.The Nikkei rose .1% to 8,747. The Hang Seng was up .2% to 14,205.The Shanghai Composite was down 1.1% to 1,831.At the open, the FTSE was up 1% to 4,259. The Dax moved up...
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A lot of investors are betting the Dow Chemical’s (DOW) best years are behind it. Shares have dropped from a 52-week high of $43.43 to $19. The stock now trades where it did in 1993.Dow has cut...
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24/7 Wall St. has already provided a list of retailers who may well not make it through 2009. According to The Wall Street Journal, "AlixPartners LLP, a Michigan-based turnaround consulting firm,...
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The global economy has not contracted since 1947. But, an HSBC economist believes that it will happen again in 2009. According to The London Telegraph, Stephen King, HSBC’s chief economist writes...
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Americans have to be doing better now that gas is well under $2 a gallon compared to the $4 or higher where it was sitting last summer.By many accounts, a family with two people commuting to work...
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There has been a great deal of debate about whether a car company lending arm should qualify for federal bailout funds. GMAC is no longer owned exclusively by GM (GM) because hedge fund Cerberus has...
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Western Gas Partners, LP (NYSE:WES) has completed the purchase of gas processing plants and gathering systems from Anadarko Petroleum Corporation (NYSE:APC). Western Gas was formed by Anadarko...
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Small-cap oil producer TXCO Resources Inc. (NASDAQ:TXCO) announced a few days before the holiday that it would reduce staff by 20%, slow its fourth-quarter drilling operations, and shut-in five wells...
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Flying J Oil, Inc., a privately-held oil company headquartered in Ogden, Utah, filed for bankruptcy protection under Chapter 11 on December 22nd. The company owns and operates more than 250 retail...
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The Dogs of the Dow are often misunderstood as an investment vehicle. These are technically the 10 highest dividend-yielding stocks out of the 30 DJIA components. The formal list of the ten Dogs...
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Wal-Mart (NYSE: WMT) confirms it will sell Apple’s (Nasdaq: AAPL) iPhone starting December 28th. Wal-Mart will offer the black 8 GB iPhone 3G model with the every day price of $197 and the 16...
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