Wall Street Rumors – May 9, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
Citigroup Looks to Slim Down, Shed Over $400 Billion in Assets
Citigroup Inc. (NYSE:C) plans to wind down more than $400 billion in assets over the next two to three years as the financial-services giant moves to slim down under new Chief Executive Vikram [...]
Yahoo prepares for an Asian listing
While it seems that Yahoo has been busy turning down buyout offers from Microsoft, it does have one card still left in its hand. In fact, Yahoo will look into a Asian tracking stock for its holdings in Yahoo Japan and Alibaba, the internet’s leading Chinese retailer. Though Yahoo has been suffering from slower business [...]
Wall Street Rumors – May 8, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
Toyota Offers Grim Forecast As Net Income Falls 28%
Toyota Motor Corp.’s (NYSE:TM) fourth-quarter net profit dropped 28% as the Japanese car maker forecast that a stronger yen, soaring raw-material costs and a continued U.S. slowdown will likely lead to its first annual profit [...]
The true cost of commissions and spreads
Many investors forget to account for the cost of commission and spreads in their trading accounts. While $7.95 here and there and a $.20 spread on stocks may seem minimal, the difference can add up quickly, particularly for high frequency investors.
Long term investors
Long term investors who look for large movements rather than short term gains [...]
The impacts of diluted shares
There has been a resurgence of news surrounding dilution and its impact on the credit crunch. Dilution means that the company is issuing new shares of itself to sell, without adding new value for the company. If there are 100 shares outstanding at a price of $20 per share and the company issues another 100 [...]
Recent PageRank Update: Looking for Sites to Link To
Google recently updated their Google PageRank Toolbar, and Investor Trip went from a PR4 to a PR5. This is the first Pagerank Update for Investor Trip in a long time, probably at least 6 months or so.
Anyway, I’m looking for new sites to link to from my homepage (See the homepage at the bottom [...]
Shocking Reality of High Gas Prices
Coming Soon to Your Neighborhood
Everyone has an opinion on how to lower gas prices. People have resorted to:
Prayer
Promotion of Fuel efficient Vehicles
Rebate Gas Cards Upon Car Purchases
Price Caps
Use of Gas Price Comparision Tools
Consumption of Local Produce
But the Historical Gasoline Price charts don’t lie.
Historical US Gas Price Chart from 1972 to 2008
Considering that US gasoline prices [...]
Wall Street Rumors – May 5, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
Yahoo’s Shares Tumble As Microsoft Ends Pursuit
Yahoo Inc. (NASDAQ:YHOO) shares fell more than 15% in trading Monday, erasing about $6.5 billion in market value, as Wall Street reset the Internet company’s worth after Microsoft Corp. (NASDAQ:MSFT) withdrew its acquisition offer.
Oil Rises Above $120 [...]
Capitalizing on Chinese investments listed overseas
With the Chinese market off its highs, will Chinese businesses on other stock exchanges be affected? The answer is most likely not.
Following Baidu
The best indication of Chinese growth comes from giants like Baidu. The search engine superstar has followed in the footsteps of US giant Google, which has posted huge year over year growth rates [...]
