Oil prices surged again Thursday after Libya threatened to cut production and OPEC’s president forecast $170 crude this summer. The Fed’s inability to raise rates to support the dollar is also keeping crude prices aloft, as well other commodities like gol
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On a tough day to make the case to buy much of anything, save commodities, Diane Garnick, investment strategist at Invesco, makes the case for technology stocks.A big reason tech is the favorite sector for many fund managers these days: In a
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Stocks tumbled Thursday morning thanks to disappointing earnings from Research In Motion and renewed concerns about financials as Goldman downgraded Citigroup (to “sell”) and the brokerage sector, while Goldman itself was downgraded by Wachovia.
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From All Things Digital, June 26, 2008: As expected, Yahoo will announce its reorg this morning, along the same lines as BoomTown outlined in detail last week.The only issue that arose was over the appointment of Ash Patel to head the new Global Prod
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From Silicon Alley Insider, June 25, 2008:Yahoo oracle Kara Swisher has been busy today. …
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From All Things Digital, June 26, 2008:So when will Microsoft and Yahoo really start talking again?Much sooner than later, if investors have their way. While the
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Oracle chief executive Larry Ellison and co-presidents Safra Catz and Charles Phillips just spent 45 minutes telling investors how good they feel about their current strategy. You know: the strategy that just delivered them a blow-out fourth quarter. …
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On a tough day to make the case to buy much of anything, save commodities, Diane Garnick, investment strategist at Invesco, makes the case for technology stocks.A big reason tech is the favorite sector for many fund managers these days: In a
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Posted on June 26th, 2008 by
Filed under: stock news | No Comments »
