April 5th, 2008
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Microsoft Corp. has given Yahoo an ultimatum: move it or answer to your shareholders.
This week, the corporate giant sent a letter to the Yahoo Board of Directors with a deadline for responding to it $40 billion buyout offer. The letter promised that Microsoft […]
By kellyphill -- 1 comment
April 5th, 2008
Economists are predicting that rising gas prices will hit $4 per gallon this spring. Currently, the national average is $3.303 for a gallon of gas, about 60 cents higher than a year ago.
Of course, the rise in gasoline prices is clearly related to the price of crude oil… Right? Not necessarily. Gas […]
By kellyphill -- 1 comment
April 4th, 2008
The news that employers cut 80,000 US jobs last month did not send the markets into a panic, as feared. Rather, the market stayed measured - maybe hopeful that the worst has finally passed.
The Dow Jones lost just a few points on the day, ending a few points (3.2%) up for the week. The […]
By kellyphill -- 0 comments
April 2nd, 2008
Research in Motion (RIMM) today announced that its fourth quarter profit and sales more then doubled. This shows that the Blackberry maker has not been affected by the slowing US economy.
For the quarter Research in Motion earned $412.5 million, or 72 cents per share, up from a profit of $187.4 million, or 33 cents per […]
By blain -- 0 comments
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