Rick’s Cabaret has, er, stripped down the amount of cash it will have to dole out to buy adult nightclub Scores-Las Vegas.
Instead of having to pay $16 million in cash, Rick’s has been able to renegotiate the terms to pay just $12 million in cash in the $21 million deal.
The extra $4 million can now […]
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Two negatives make a positive, but thanks to the crazy “new math” Wall Street uses, one negative made for a positive on Tuesday. The “negative” being the State Department’s denial of an ABC News report of an imminent attack on Iran by
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It got lost in the shuffle of the “June swoon,” but the Nasdaq was up 0.6% in the second quarter — not great performance, but certainly better than the Dow and S&P. …
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Scott Bleier, president of HybridInvestors.com, is no Pollyanna; quite the contrary, in fact. Bleier believes the market is vulnerable to a “crash-ette” and says the
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From Silicon Alley Insider, July 1, 2008:New details today on Apple’s (AAPL) iPhone pricing and U.S. launch, as well as a bullish report from Bernstein’s Toni Sacconaghi, once an iPhone skeptic.The iPhone 3G will go on sale at AT&T stores beginning at
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Still reeling from the bursting of the 1990s tech bubble, investor frustration with Wall Street is reaching maximum levels now in the wake of the end of the housing boom and surging energy prices. …
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Here we go again…The great debate over speculation vs. fundamentals is back on Tuesday after the IEA issued a report warning of “tight” supply and a “negligible” OPEC cushion. On the other hand,
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The problem with Anheuser Busch’s defence strategy is that it makes the Budweiser-maker an even more enticing target for InBev, for if the St Louis-based brewer can trim costs so easily how much more can the ruthless cost cutters at InBev take out?
Anheuser would have a stronger case if it had a stronger track record […]
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