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15 Jul 2009 20:55

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Biz, Tech: The stock market is totally in love with Intel right now

  • Late Tuesday, Intel announced that they had estimated current quarter sales of $8.5 billion, which totally blew analysts’ numbers out of the water. Even better, their previous-quarter sales managed to top analysts’ numbers, too. Good to see someone’s doing really well.
  • cause
  • effect
Posted by Ernie Smith • 0 Comments • Permalink

24 Jun 2009 22:52

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Biz, Tech: Warren Buffett thinks Steve Jobs shoulda said he was having surgery

  • If I have any serious illness, or something coming up of an important nature, an operation or anything like that, I think the thing to do is just tell – the Berkshire shareholders about it. I work for them.
  • Warren Buffett • On what he would’ve done if he was having the kind of surgery Steve Jobs did. Jobs needed a liver transplant and got one back in April. But the world didn’t know about it until just the other day. Not that Apple particularly missed him: Their stock is up 60% this year, most of which he’s been out on medical leave. • source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jun 2009 21:14

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Biz, U.S.: Ah, housing numbers. Per usual, they don’t make anyone happy.

  • +2.4% increase in sales of previously-owned homes in May, a number the National Association of Realtors say might be deceptive source
Posted by Ernie Smith • 0 Comments • Permalink

15 Jun 2009 17:49

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Biz: The stock market took a tumble, has a boo boo

  • -187.1 Point loss of the Dow today, caused by economic fears scaring investors like a bad horror movie source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 11:02

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Biz, U.S.: The near-bankrupt General Motors is generally screwed

  • They failed to convince bondholders to convert their claims to stock. General Motors is a huge company and it’s the kind of company that should just not fail, ever, but unfortunately they may be past the point of no return. The corporation needed to convince 90% of bondholders that their valuable GM bonds could convert to valuable GM stock. Now, running low on options, they will probably run into the June 1 deadline head-first, like a car crashing into a building on purpose. Don’t you love this country? source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2009 21:02

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Biz: The Dow’s winning streak ends at four days

  • -7 decline in the Dow on Monday; that’s really not so bad source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2009 21:33

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Biz: Investors, finally optimistic for once. Stocks are up!

  • +9.5% in the last three days. Whoo, time to party! source
Posted by Ernie Smith • 0 Comments • Permalink
 

10 Mar 2009 19:21

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Biz: Be happy investors! The Dow didn’t suck for once!

  • +379 increase in the Dow today, ’09’s best day so far source
Posted by Ernie Smith • 0 Comments • Permalink

02 Mar 2009 10:23

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U.S.: The Dow’s doing particularly bad this morning

  • 6,969 its number minutes into trading; no jokes, OK? source
Posted by Ernie Smith • 0 Comments • Permalink

25 Feb 2009 22:12

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Biz: So, how much does the stock market suck right now?

  • -9.1% this month; should we form bread lines? :( source
Posted by Ernie Smith • 0 Comments • Permalink
 
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