By now, most of the dirty laundry within the banking industry has been aired. The federal government has also signaled its intention to “bail out” or rescue troubled lenders in order to ward of an economic calamity. These factors lead me to believe that the time is right to start slowly accumulating shares of the stronger banks that were the [...]
By: Dan Moses There must be some reason why some marketing plans outperform others. Said another way, if two equally skilled marketers create a marketing plan… why does one produce 5 x as many members and sales as the other marketer? Is this due to who they know, or the size of their list? Or maybe it’s the price of [...]
I’ve come across a really great credit card comparison website recently called CreditCardsClub.com. The website makes it easy for you to shop for a new credit card on your own terms rather than settling for the unsolicited offers that come to you through the mail. The cards are divided into multiple categories such as, 0% intro apr card, cash back [...]
The other day I redeemed my Speedy Rewards points for a $100 gift card that I can use to buy gas or merchandise at Speedway. It took 66,000 points to earn the $100 gift card and the points have added up very quickly since I signed up for the Speedway MasterCard which earns me 40 points for every dollar I [...]
The Microsoft – Yahoo options strangle I entered into didn’t pan out the way I was expecting. Several factors led to the losses, including the continued rumor and conjecture surrounding the deal and the fact that there is still no closure from either side. The trade appeared to be moving toward profitability just before Carl Icahn decided to step up [...]
Five executives representing BP America, Shell Oil, Chevron, Conoco Phillips, and Exxon Mobil were questioned (grilled) by members of the Senate Judiciary Committee. I think the politicians are so off-base on this issue it’s not even funny anymore. But in an election year, the only thing on the minds of politicians (Republicans and Democrats alike) is to appease the wants [...]
Microsoft CEO Steve Ballmer wrote a letter to Yahoo Co-Founder Jerry Yang formally withdrawing his offer to acquire the search engine for $33 per share, a 70% premium to it’s price before the offer was announced. Ballmer cited Yahoo’s unwillingness to accept an offer below $37 per share and attempts to cannibalize their own search engine by partnering with Google. [...]
Despite Microsoft’s threats of walking away from their $31 per share offer for Yahoo after last weekend, unconfirmed reports from inside the two companies point to a higher offer to come from Microsoft in the near future. Microsoft CEO Steve Ballmer announced a few days ago that his company would be willing to pay $32-33 per share for the search [...]
