Economics, Finance & Investments (RETIRED BLOG)

By late afternoon, Facebook shares were off by 3.5%. [...] Credit Suisse cut its price target on the stock to $24 from $34, keeping its rati...

Down 11%. So much for the IPO, suckers.

Who can possibly imagine that immediately after the Jerry Meekins PR fiasco is the right time to raise carry-on bag fees to a whopping $100 ...

http://www.marketwatch.com/story/kodak-files-for-bankruptcy-2012-01-19

Just goes to prove that if you merge two weak companies, you get an even weaker larger company. * At a time when holiday season sales over...

American Airlines parent AMR, the only major US airline operator to not file for bankruptcy during the last decade, surrendered to the stark...

Steve Jobs resigns

Hewlett Packard may follow IBM and dump its PC division.   It's also discontinuing its WebOS operation (even though I saw an ad about ho...

Borders inches closer to liquidation Yesterday's bidding deadline passed without offers to keep the second largest US bookstore operat...

Citigroup (currently trading at $4.41) on Monday announced a 1-for-10 reverse stock split of its common shares effective after markets clos...

AT&T, the #2 US wireless carrier is purchasing T-Mobile USA from Deutsche Telekom for $39B, with $25B in cash and the remainder in AT...

Borders, the 40-year-old retail chain that helped define the age of the book superstore, filed for bankruptcy today. The company will close...

That was unexpected.  A sign of even more consolidation coming to the industry?  Maybe the industry as a whole can actually become profitabl...

I loved the author's The Coming Generational Storm , so I was really looking forward to reading this.  I was sadly disappointed.  Perhap...

SAP has agreed to pay $65 a share for Sybase ($5.8 billion in cash) handing the maker of mobile and database software a premium of more than...

Will be world's largest airline. Directors at Continental and United airlines have approved a stock-swap deal that would combine them...

HP and Palm announced that they have entered into a definitive agreement under which HP will purchase Palm at a price of $5.70 per share of ...

http://www.foxnews.com/leisure/2010/03/28/chinas-geely-buy-volvo-ford/?test=latestnews

Lehman used Repo 105 for no articulated business purpose except "to reduce balance sheet at the quarter–end." Rather than sell ass...

1 Exxon Mobil XOM $316B 2 Microsoft MSFT $253B 3 Wal-Mart WMT $204B 4 Apple AAPL $203B 5 Procter & Gamble PG $183B 6 Johnson & Johns...

Coca-Cola's ( KO 52.75, -2.41, -4.37%) is acquiring all the assets and liabilities of Coca-Cola Enterprises ( CCE 25.54, +6.36, +33.16...

Economics Econometrics Financial Engineering Financial Risk Management

http://www.cfawebcasts.org/modules/Catalog/CourseDetails.aspx?ProductGroupID=7252

US product safety authorities plan to launch an investigation into the presence of the toxic metal cadmium [a known carcinogen] in children...

Back at year-end 2007 , I called a peak in AAPL when it hit $203 a share. It's been quite a roller coaster since then (down to $125 in s...

Greece became the first country in the euro zone to see its debt rating cut to below A- as worries mounted over its ability to fix its deter...

Job losses caused more Americans to fall behind on their mortgage payments in the third quarter, leading to a record 14.41% of loans with at...

A very well written article on the fallacy of time diversification (i.e., the claim often made by financial planners that risk decreases ove...

For the first time since I made my first 403(b) investment allocation in 1992, I've rebalanced my portfolio with the specific intent of ...

http://www.mcclatchydc.com/politics/story/77244.html Quote: As the housing market collapsed in late 2007, Moody's Investors Service, who...

In order to try to make my daily commute a tad more pleasant, I just purchased an Economics course on CD from The Teaching Company. Heard t...