Lacking direct figures for the Kindle from Amazon.com, a running debate has emerged among analysts over sales of the e-book reader.After TechCrunch reported 240,000 Kindles have been sold to date,
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Barack Obama economic adviser Laura Tyson said at the Democratic National Convention on Monday that U.S. financial regulation needs modernizing, but hedged on how big a role to give the Federal Reserve.
Tyson, former chair of the Council of Economic Advisers in the Clinton administration, said she believes the Fed failed to crack down on subprime […]
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From AllThingsD, Aug. 26, 2008:Hewlett-Packard (HPQ) wrapped up its acquisition of technology services giant Electronic Data Systems Corp.
(EDS), the company’s largest purchase since the $20 billion merger
former HP CEO Carly Fiorina orchestrated
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Singapore wealth fund Temasek may have gotten hold of some bad stuff this year when it bought a 9 percent stake in Merrill Lynch. The stock has lost more than half its value since the purchase was announced in late December. But far from swearing off noxious bank assets, the flush Asian fund says it […]
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The hammering of financial stocks was taking a reprieve early Tuesday, helped — in part — by the slowing pace of decline in the S&P Case-Shiller Home Price Index.The index fell a record 15.4% in the second quarter vs. the prior year but the month-ov
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Expectations for a quiet pre-holiday week and an extension of Friday’s rally were both shattered Monday as major averages tumbled sharply.The Dow fell 2.1% to 11,386.25 while the Nasdaq lost 2% and the S&P shed 2% to 1266.84, puttin
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From a long-term perspective, Todd Harrison, CEO of Minyanville.com is about a bearish a market watcher as you’ll find: He believes the credit crunch is far from over and sees a four -to-five year cycle of deflation that will be
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Lufthansa has said it is interested in acquiring a stake in Austrian Airlines. Austrian state holding company OeIAG has invited bidders for its 43-percent stake in the carrier, worth about $223 million.
It’s a small deal, but it’s a big deal.
If Austrian’s board picks Lufthansa, the German carrier will own nearly half of Austria’s main carrier. And that […]
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