From Silicon Alley Insider, July 29, 2008:T. Boone Pickens recently revealed his (dubious) secret to investing: Just do whatever Carl Icahn does. Unfortunately, when it came to the 10 million shares T. Boone scarfed up of Yahoo, the strategy backfired. T.
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Updated from 2:38 p.m. EDT Stocks were rallied sharply Tuesday afternoon as crude prices slipped to a 12-week low.Update: Closing at its high of the day, the Dow rose 266.50 points, or 2.4%, to 11,397.56
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PE Hub’s Connie Loizos has an interview with Craig Cooper, who recently joined the VC firm founded by Israeli billionaire and media mogul Haim Saban:
Saban Capital quietly entered the business of venture capital a few months ago, adding an early-stage digital media practice to his seven-year-old, L.A.-based investment company, Saban Capital Group. For the uninitiated, […]
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Analysts are applauding Merrill Lynch’s attempt to cut its losses and raise more capital, but investors may be forgiven if they take the company’s remarks with several large grains of sodium chloride. CEO John Thain repeatedly insisted that Merrill was well-capitalized over the last eight months, yet the bank still had to go back for […]
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Wired is known for out-of-the-box covers. But when it put notorious Manhattan media lightening rod Julia Allison on its cover, blogs and Twitters lit up from the Valley to New York. People loved it and people hated it– just like Allison herself. But they
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With more market drama this morning in the form of Merrill Lynch announcing cuts in its mortgage-backed securities, can a short-term bounce be on its way? “It’s important to construct a time horizon when having this discussion,” says Todd Harris
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“It’s hard to put lipstick on this pig,” Todd Harrison, CEO of Minyanville.com says of Merrill Lynch, which late Monday announced another round of desperate measures, featuring:Selling $30.6 billion of mortgage debt to private
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From Silicon Alley Insider, July 29, 2008:Alcatel-Lucent’s (ALU) 2006 merger was supposed to create a trans-Atlantic telecom gear giant — a big link-up in response to massive consolidation among its customers: telephone and wireless carriers. But so far,
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