We are hearing more reports about the ongoing trend of social media combining with email. This has been evolving for a decade or so, and now we have Google Inc. (NASDAQ: GOOG) reportedly trying to either catch up or take this one step further. There have been many rumors about more and more social-features coming, [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
From MarketWatch: Portugal, Greece, Spain default worries rise The cost of insuring Spanish and Portuguese government debt against default via credit default swaps hit new records Monday, while the cost of insurance for Greek debt also rose, according to CMA DataVision. Whether or not this concern is justified, it shows investors are nervous.
From Fitch: New Year, No Improvement as U.S.
For the first time, China Investment Corp., the country’s sovereign wealth fund, has filed a Form 13F with the US Securities and Exchange Commission listing details of its investments in companies traded on US exchanges.
Things just still are not going well at SAP AG (NYSE: SAP). Its CEO Leo Apotheker has stepped down as the company reached a mutual agreement with him not to renew his contract. The problem is that this departure was only after about 7 months, and it comes at a time when most technology giants [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Quote of the day on Greece … “Europe has become a huge game of chicken, whereby the Greeks are waiting for help from the outside and donors are waiting for Greece to take a step forward.” Mohamed El-Erian, Pimco, Feb 8, 2010 Scroll down for a summary of last week and a look ahead (or click here ).
Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS) and Google (NASDAQ:GOOG) will buy China’s largest in-bus advertising firm
Over what we saw during the recession, 2009 was the year that dividends were cut down to effect cash conservation to get through the recession. In fact, the dividend cuts may have saved many more thousands of jobs at large companies had the cash not been conserved. But we are seeing a return of the [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
John Tamny of Forbes Washington, D.C., experienced its latest snowstorm the weekend before last. Though the 8 inches that fell didn’t constitute a record, the heavy snow managed to complicate getting around the city. Cabs were impossible to find
These are this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Raised to Buy at Collins Stewart. AirGas Inc.
