Thursday, September 9th, 2010 at
5:14 pm
Ebay announced today that Chancellor William B. Chandler III of the Delaware Court of Chancery ruled in the company’s favor in a shareholder suit filed against Craigslist, and its majority shareholders Jim Buckmaster and Craig Newmark. The ruling overturns a series of unlawful transactions undertaken by Craigslist’s majority shareholders to dilute eBay’s minority share in [...]
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Thursday, September 9th, 2010 at
5:14 pm
A recession is generally defined as two quarters of GDP contraction as noted by the Business Cycle Dating Committee of the National Bureau of Economic Research. The GDP contraction definition is narrow and cannot be used to define the recessions and depressions that occurred in the first 150 years after The United States was founded. [...]
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Thursday, September 9th, 2010 at
1:20 pm
Just over a week ago, several solar stocks had a nice jump as the DJIA rose some 200+ points. Not all the gains were made by simply hanging onto the Dow’s coat tails. There was some good news from the solar sector as well. Trina Solar Ltd. (NYSE: TSL) received an upgrade following a strong [...]
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Thursday, September 9th, 2010 at
12:57 pm
Biotech and BioHealth stocks are on the move today and there is more news in the emerging sector than there has been on a single day in months and months. The news is not even on any of the ten-bagger drug announcement tracking stocks that investors tend to fall in love with from time to [...]
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Thursday, September 9th, 2010 at
12:20 pm
Consumer spending is down. That statement is true based on most data collected by the government and private sector. The mystery and misery for retailers and the general economy is when, if ever, the consumer return in force. To add to concerns about consumer activity, the government recently put out is report on consumer credit [...]
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