Author Archives: scgadmin
The blockupation of Frankfurt
Navigating to work in Continental Europe’s financial capital was somewhat more arduous Friday as workers returned to their jobs after Thursday’s Ascension Day holiday while protestors prepared for a third day of protests as part of the “Blockupy” demonstration protesting [...]
Asia Stocks to Watch: As U.S. watches Facebook, Hong Kong eyes Tencent
While U.S. markets focus on the impending debut of Facebook, Chinese social-media major Tencent gets some positive attention of its own, helped by a broker’s price-target upgrade and a timely reorganization. Read More
al lewis: Tax man makes it hard to be an American
Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service, Al Lewis reports. Read More
Tech Stocks: Facebook surges, then skids in public debut
Social networking giant quickly rises 12%, but then pulls back to IPO level of $38 a share; Yahoo reportedly in deal to sell at least some of its Alibaba assets back to the Chinese e-commerce company. Read More
Go shopping In Europe
A stronger dollar and some real bargains in the beaten-down European markets mean it’s time to stop being afraid and, carefully, start getting back in to stocks from the EU. Read More
CFTC approves extended grain trading hours
–Changes apply to CME’s futures contracts for corn, wheat and soybeans –New times apply to wheat futures traded at Kansas City Board of Trade and Minneapolis Grain Exchange –Settlement times will remain unchanged at 2:15 p.m. EDT CHICAGO -(MarketWatch)- The [...]
Megabus seeks to expand into Texas, Calif.
-U.K. companies square off to bus young professionals, seniors -Megabus sees expansion into 120 cities -Operators use airline techniques to lure travelers from the road, sky (Updates throughout with background, detail) Megabus plans to expand its network of U.S. intercity [...]
Moody’s lifts Media General outlook to positive
Moody’s Investors Service raised its outlook on Media General Inc. (MEG) to positive from stable after Warren Buffett’s Berkshire Hathaway Inc. (BRKA, BRKB) earlier this week agreed to buy almost all of the company’s newspaper assets for $142 million as [...]
Earnings Watch: Updates, advisories and surprises
A roundup of the latest corporate earnings reports and what companies are saying about future quarters. Read More
Tech Stocks: H-P gains on layoff reports; techs slip
Hewlett-Packard is reportedly planning to cut as many as 30,000 jobs. Tech sector sinks ahead of Facebook IPO. Read More