Standard & Poor’s equity analyst Scott Kessler discusses Yahoo’s change in strategy for the Microsoft bid. He also evaluates the possibility of AOL teaming up with Yahoo. (March 5)
Can Yahoo-AOL Beat Microsoft Bid?
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Daily Archives: March 5, 2008
OPEC Keeps Supply Steady
New data shows an unexpected drop in crude inventories, meanwhile OPEC decided keep supply steady despite President Bush’s pleas. Alaron Trading’s Phil Flynn discusses oil supplies and what’s affecting them. (March 5)
Peace Talks Set to Resume
U.S. Secretary of State Condoleezza Rice says Israel and the Palestinians have agreed to resume peace talks although she didn’t say when. Negotiations were suspended after an Israeli offensive in the Gaza Strip. Video courtesy of Reuters. (March 5)
Dinosaur Wows CeBIT Techies
Pleo the robotic dinosaur proves to be a star attraction at the CeBIT annual computer expo in Germany. Video courtesy of Reuters. (March 5)
Kenyan Land Dispute Leaves Casualties
Twelve people have been shot, hacked or burned to death in the latest of a series of bloody property disputes near the Kenya-Uganda border. Video courtesy of Reuters. (March 5)
Cathay’s Outlook Clouds
Cathay Pacific posted a 72% rise in net profit for 2007, on strong demand for first- and business-class travel, despite a continued surge in fuel prices.
Pfizer Backs 2008 Outlook
Pfizer affirmed its financial forecast for 2008 and updated analysts on its drug pipeline, as the company braces for eventual generic competition to its blockbuster cholesterol drug Lipitor.
Wary Consumers Boost Costco Sales
Costco posted a 31% increase in profit on strong international growth and continued consumer flight toward discount retailers prompted by the weak economy and high oil prices.
Sales Gains Propel Saks Earnings
Saks reported a higher profit on increased sales, even as the high-end retailer warned of tough market conditions persisting in the year ahead.
Google Isn’t Infallilble After All
Just a few short months ago it seemed as if Google was bulletproof, and shares of the search giant soared above $700. Fast-forward to the present, and new concerns seem to be popping up daily. The latest: Whether
Bottoms Up for Clinton, Bernanke and Tech Stocks
We may look back at Tuesday as the day Hillary Clinton, Ben Bernanke and tech stocks put in a bottom. That remains to be seen, but yesterday was a very good day for the formerly downtrodden candidate,
Democrats ‘Live to See Another Day’
Barack Obama maintains his lead in the delegate count while Hillary Clinton can work to get more campaign contributions. WSJ’s Chris Cooper discusses the results from San Antonio. (March 5)