Archive for June, 2006

Google stock hanging in there

Friday, June 30th, 2006

Google stock has been hanging in there, but you almost have to wonder how much longer. Google has been busy releasing a stunning array of products, none of which appear to be gaining traction. With the share price as high as it is, any stumble could be fatal ...

The fed raises interest rates again

Thursday, June 29th, 2006

If you were expecting the Fed to ease pressures on interest rates, you didn't get your wish. The rate increases are coming a bit more fast and furious now, as inflation threatens to rear it's ugly head. The latest increase was another 25 basis points. Now the federal ...

Wendy’s ready to sell more shares of Tim Horton’s

Wednesday, June 28th, 2006

Tim Horton's is an extremely popular restaurant chain run by Wendy's, with locations primarily in Canada. Wendy's now plans to sell the remaining 160 million shares they own of Tim Horton's (THI). The shares represent an ownership stake of nearly 83% in Tim Hortons. In March, Tim Hortons ...

CEOs make a lot more than minimum wage

Tuesday, June 27th, 2006

This will come as no surprise for many: the gap between CEO pay and minimum wage is growing. The minimum wage hasn't grown much over the year. The Economic Policy Institute said earnings data shows the average chief executive earned 821 times as much as a minimum wage ...

Surprise: sales of new homes up

Monday, June 26th, 2006

Everyone has predicting that home sales would plummet due to rising interest rates, but in May new home sales increased. Analysts have been expecting big declines, but instead: The Commerce Department reported that sales of new single-family homes increased by 4.6 percent in May to a seasonally adjusted annual rate of ...

Week of 6/23/2006 ends down because of Fed

Friday, June 23rd, 2006

The Fed has helped keep stocks in check this week. Investors continue to be worried about another rate increase and how it would affect their investments. The possibility of the rates going up again quickly is striking fear in the hearts of many. "Interest rates are the ...

Fine points of stop orders or stop loss orders

Thursday, June 22nd, 2006

One of the common terms you'll hear in trading is "stop orders". These can be confusing to some people, and it's important to understand the terminology correctly, or you may end up with your ass in a sling. The main idea behind a stop-loss order is sound: it's ...

Merger and acquisitions business paying off big

Wednesday, June 21st, 2006

We've seen more and more mergers and acquisitions lately, and there doesn't appear any sign of a slowdown on the horizon. The business is lucrative. Morgan Stanley announces record earnings, with much of the profit being derived from M&A. Each day, more and more deals are floated ...

IBM has transistor breathrough

Tuesday, June 20th, 2006

The old saying "build a better mousetrap" has been around for years. IBM looks like they've done just that with their new chips which run 100 times faster than current transistors. The accomplishments of IBM are quite impressive: The transistor achieved a speed of 500 gigahertz, which is more ...

Nokia and Siemens plan to merge their mobile networks

Monday, June 19th, 2006

In what might be a sign of things to come as well as current trends, Nokia and Siemens are planning on mergin their mobile networks. This is part of a joint venture, with each of the companies maintaing a 50/50 ownership in the newly formulated entity known as Nokia ...