Is this really the end of America?
I Give Up. We're All Doomed.
Category: Financial Tags:
Virgin America Launches Gogo(r) Inflight Internet Service and YouTube Air (GlobeNewswire)
35,000 FEET ABOVE SAN FRANCISCO, Nov. 22, 2008 -- Virgin America, the California-based airline, today announced live from its first Wi-Fi enabled plane, the successful beta launch of Gogo Inflight Internet and the first ever "air-to-ground" video stream to YouTube Live -- YouTube's first official real-world user event.
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InterDigital Announces Settlement of Samsung Patent Licensing Disputes (Business Wire)
KING OF PRUSSIA, Pa.----InterDigital, Inc. today announced that InterDigital Communications, LLC and InterDigitalâs patent licensing subsidiaries have entered into a binding term sheet with Samsung Electronics Co., Ltd. and its affiliates, including Samsung Electronics America, Inc., that resolves the outstanding arbitration issues involving Samsungâs sale of 2G products, as well as the 3G patent licensing disputes for Samsungâs sales of products through 2012.
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The deal-spread between Merrill Lynch's (MER) shares and the price Bank of America (BAC) is slated to pay to acquire it more tha
The deal-spread between Merrill Lynch's (MER) shares and the price Bank of America (BAC) is slated to pay to acquire it more than doubled last week, suggesting growing doubts it will succeed. Today two heavyweight proxy firms issue their opinions.
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America's Next Top Value Stock
Not all stocks that look like values belong in your portfolio -- check out who we're voting off.
Category: Financial Tags:
Epicenter Of The Sell-Off: Citigroup
Posted By:Lee BrodieWhat’s the old tag line. The Citi never sleeps. Well the stock is certainly keeping investors up nights! Read More
Read more »BoA CEO blames regulators and GSE flaws for crisis (Reuters)
Bank of America Corp Chief Executive Kenneth Lewis on Thursday blamed much of the current credit crisis on lax regulation by state officials and said all "systemically important" financial institutions need some form of federal oversight.
Read more »Citi: From Bad to Worse (Portfolio.com)
Shares in Goldman Sachs are down 3% this afternoon to a new low of just $60 a share -- a level not seen since 1999. To give you an idea of the straits that the financial sector is in, Goldman is outperforming significantly today: JP Morgan, Bank of America, and Morgan Stanley are all down between 8% and 12%, while poor Citigroup is down 13% to a highly-distressed level at which it's worth less than US Bancorp.
Read more »Stocks Plunge to 5 1/2 Year Lows
Posted By:Lee BrodieThe Dow tumbled on Wednesday closing below the psychologically important 8,000 level for the first time since March 2003. Read More
Read more »Al-Qaeda criticises Obama's support for Israel
Second-in-command calls president-elect opposite of Malcolm X and says attitude to America remains the same
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