Friday, September 19th, 2008
Oracle Corp. leads broad sector gains as the overall market reacts positively to new moves by the U.S. government aimed at bringing the current financial market crisis under control.
Archive for September, 2008
Friday, September 19th, 2008
In the latest step designed to stem the turmoil in financial markets, the U.S. Treasury says it will guarantee money-market funds so that no other fund “breaks the buck."
Tuesday, September 16th, 2008
Now that one of the largest insurance brokers in the world is in trouble and household names like Lehman Brothers and Merril Lynch are either bankrupt or purchased by another entity, what do we do about deals using 1031 exchanges? Read the rest of this entry »
Thursday, September 11th, 2008
America’s out of control, drowning in debt, gorging: $75 trillion and getting worse. Now we’re dumping Fannie and Freddie on America’s balance sheet. Every year we pile trillions more on future generations. Can’t trust McCain? Obama? Time for new leadership! The best qualified for president is the same great American hero we picked as our favorite write-in candidate for the 2006 elections: David Walker, former comptroller general, chief auditor of the U.S. Government Accounting Office for a decade before resigning last spring. He is ready. Read the rest of this entry »
Tuesday, September 9th, 2008
Corn futures fall to the lowest in nearly one month, amid broad declines in commodities as crude oil dropped on expectations that OPEC will keep its production quotas unchanged.
Tuesday, September 9th, 2008
Network carriers get bruised along with the wider market.
Tuesday, September 9th, 2008
CHICAGO (MarketWatch) -- CBS Corp. Chief Executive Les Moonves told investors Tuesday that the advertising climate, hampered by an economic downturn, should improve in 2009. Automotive advertising "will never be as bad" as it has been in 2008, he added. Moonves also reiterated his frequent assertion that "network television is the only game in town if you want to aggregate a large audience."
Tuesday, September 9th, 2008
CHICAGO (MarketWatch) -- CBS Corp. Chief Executive Les Moonves said Tuesday that retransmission negotiations have begun with such large cable and satellite providers as Cablevision and EchoStar . In 2009 and 2010, the company's deals with DirecTV, Comcast and Time Warner Cable will be up for renewal. Moonves says the company still feels bullish about getting greater compensation for its broadcast signals, in deals that would include elements other than cash.
Tuesday, September 9th, 2008
Losses deepen for U.S. stocks at midday, with equities failing to extend the prior session’s sharp gains tied to the federal rescue of mortgage giants Fannie Mae and Freddie Mac.
