Posted in Business, Forex, Commodities, Stocks, Equities, United States Companies, Futures, Fixed Income, Markets, IPO on November 30th, 2006 No Comments »
I’ve made mention of the fierce NY-London financial rivalry in a previous post. For the uninitiated, the basic argument is that restrictive laws and policies (like Sarbanes-Oxley) have caused New York to lose its edge in financial markets. Large companies looking to go public have instead turned to London and in many cases […]
Following the foreign exchange markets closely we have to post about the dollar. The EUR/USD broke above 1.32 today for the first time since early 2005. So after the 5000 pip three year rally from .85 (60% gain), the most the seventeen consecutive rate hikes by the Federal Reserve would cause the […]
General Motors shares continue to tumble down to 31.09 from 32.61 yesterday, after pushing 36 last week. Kirk Kerkorian decided to cut his investment and move it toward the gaming industry. Business Week had an article about it. Here are some of the highlights:
On the same day, Nov. 22, that Kerkorian’s company, […]
Reuters has posted a fairly exhaustive sampling of key currency analysts’ viewpoints on how global warming will affect the FX markets. They single out the CAD as a major beneficiary given the fact that Canada may in future provide fresh water for many major western countries and be as important in that market as Saudi […]
Bid $5 billion. That’s what the Nasdaq chose to do in its latest effort to purchase the London Stock Exchange. The LSE has twice rejected Nasdaq’s offer, first for the equivalent of 950p (in March 2006), and this time for over 25% more, or 12.43 sterling. It seems the American exchange that […]
Which Web 2.0 site is the most popular? I’ll use two methods to find out…
Following the number of searches may be inaccurate because some sites don’t get as much traffic from search engines relative to others, but it does show what people what to find and are actively typing in, so it has merit.
Provided […]
Al-Jazeera shook up established media in the Middle East, and it is guaranteed to do the same as its English version launches in the West. It is in fact launching the first English language news channel to be based in the Middle East. This is old news, though. What’s new is that […]
We all know the big guys in the online travel field: Expedia, Travelocity, and Orbitz. There are some new players however picking up ground quickly. The heavily promoted priceline.com with television ads by William Shatner are indeed funny, but take a look at this:
Kayak.com just began outranking cheaptickets.com and priceline.com this week after passing hotwire.com […]
Dreaming of one day running your own hedge fund? You may be too late to the party. As more and more managers have chased after the potential for compensation in the tens and hundreds of millions, the returns offered by funds have dwindled substantially, to the point where funds are not even able […]
This is a no-brainer right? Practically all of the major Web 2.0 sites are in the United States. Craigslist, Digg, del.icio.us, YouTube, technorati, etc to name a few. Granted, the $1.65 billion YouTube sale was to a public company, but it didn’t IPO. Europe will be first as Deutsche Bank […]