“He is not perfect, but in the present circumstances he is the best person for the job” is how Robert Barbera, chief economist at ITG, concluded an opinion piece in The NYT earlier this week about Ben Bernanke. With the Fed chairman now having
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Posted on January 30th, 2010 by
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Posted on January 30th, 2010 by
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If history is any guide, Apple’s dominance may soon hit a snag. CEO Steve Jobs recently announced the company was poised to rake in $50 billion in annual revenues, a milestone that is more often an obstacle not a launching pad. IBM, Dell, Hewlett-Packard
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Posted on January 29th, 2010 by
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“This current recession is just the tip of the iceberg,” says Richard D’Aveni, a professor of strategic management at Dartmouth’s Tuck School. “If things don’t change and we don’t start investing for the long-term, we are going to look like
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ING Group completed the sale of its Asian private banking unit to Singapore’s OCBC, the biggest deal in the private banking sector since the financial crisis. Netherlands-based ING said the sale is in line with its strategy to focus on fewer franchises and reduces the group’s complexity. Read the Reuters story here.
Spain’s Ferrovial has no plans […]
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Struggling retailers are staying as far away from bankruptcy courts as possible this year after being traumatized by a slew of liquidations in 2008 and having a general feeling that the bankruptcy code is unfair to them.
While the most recent holiday shopping season was better than 2008, some retailers whose holiday was only so-so, could […]
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From The Business Insider, Jan. 28, 2010: The Senate just approved cloture on
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In the second half of 2009, house prices staged a surprising recovery, leading many to conclude that the housing bust was done.Keep dreaming, says Dan Alpert of Westwood Capital.The rise in the second half of 2009 was mainly the result of pent-up demand c
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Posted on January 28th, 2010 by
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