It was interesting to look over the newswire today and see that Barack Obama is speaking out against oil speculation and threatening to tighten “loopholes” in the oil trading industry that keep the government from investigating the effects of speculation. The market to Senator Obama: speculation is just a natural part of the business cycle. Continue Reading »
Poor timing, too low price points? No, it appears that Yahoo might be avoiding a Microsoft buyout solely for sentimental reasons. Now that Jerry Yang is the CEO, it appears he’s wanting to hold onto the company he worked so hard to start back in his own college years at Stanford.
Yang owns about 4% of the company that is currently worth $1.5 Billion, his stakes are huge and he’s still drawing the infamous $1 salary that is common with many tech giants. His wealth has been derived in its entirety from the growth and capital gains he’s received as a huge shareholder in Yahoo. As CEO and a founder, it seems that his own unwillingness to sell might lay in a dislike for Microsoft and sentimental views of Microsoft rather than what shareholders want. Continue Reading »
The Federal Government certainly threw Northrop Group a bone today in the form of a $40 Billion contract to produce refueling tankers. The stock was up 6% in after-hours trading but the company still looks like a great buy. Continue Reading »
The largest oil field in the USA has been shut down and this will bring much higher oil prices. BP is talking about fixing the majority of the pipeline and it may take months to repair the problem. With this problem comes good deeds to investors and these oil ETF’s will shine bright until the world gets ahold of this problem. Continue Reading »
Apple took a hit today after they mentioned something about how something may not be right in the options area. Today Apple fell 1.9 percent to 68.30 on the NASDAQ. Continue Reading »
Google and Yahoo had the attention of the world by giving out a small cost for free. Now AOL years later wants to jump on this sort of promotion to bring people to their site. AOL will begin to give away freebies to users to try to get a grip on the ever loosing online service. Will it be to late and will they drive in advertising dollars? Continue Reading »
There is still a lot of talk about ETF’s and they are not looking to die out anytime soon as more and more people want a piece of the action. Now index funds are dropping costs and finding the best tax advice for those who invest in their mutual fund. Continue Reading »
Exchange-traded fund (ETF) are funds traded as shares on stock exchanges. Many of us have heard of spiders, diamonds, and cubes, but we only know of the advertisements since many major magazines have full page ads for these things. Continue Reading »