Aug
20
Dell earnings top estimates
August 20, 2010 | Leave a Comment
Things are good for Dell right now. Only days after regulatory filings showed waning support for Dell CEO Michael Dell, the company reported earnings that topped analysts' estimates. On Thursday, Dell reported net income of $545 million, or 28 cents per share, for the quarter that ended July 30. That's up 17% [...]
Aug
13
Wall Street Bonuses to Rise This Year
August 13, 2010 | Leave a Comment
If you want to get a sense of who has the wealth in this country, just scan the head lines. You'll see everyone losing money except for wall street, big pharma and all of the other corporations that pull the strings on our government. Everyone is losing money, while wall street makes their government deals [...]
Aug
13
Majority say they don't count on Social Security
August 13, 2010 | Leave a Comment
Pessimism over Social Security is at an all-time high as six in ten Americans who don't already receive benefits through the program say they never will, according to a new CNN/Opinion Research Corporation poll. And why should they trust their government? It's just lie after lie. They have cried wolf too often. [...]
Jun
11
BP stock: Buy or sell?
June 11, 2010 | Leave a Comment
BP's stock has been gushing like the well itself and with BP's stock down almost 50%, or almost $90 billion since the April 20 rig disaster, is it time to buy or sell?
There are still many unknowable, unquantifiable facts surrounding BP and the oil spill, so one thought is that now isn't the time [...]
May
21
Dell profit jumps on strong sales to businesses
May 21, 2010 | Leave a Comment
Things are looking good for Dell. Strong demand from business customers helped drive Dell's profit up 52% in its most recent quarter. The company reported net income of $441 million, or 22 cents per share, for the quarter ended April 30. That's up 52% from $290 million, or 15 cents per share, in the same [...]
May
6
93% of Americans eat pizza at least once a month, so the decision by Domino's to publicly denigrate its old product while rolling out a new re-engineered pizza was a big risk. One that is clearly paying off. I haven't tried their new pizza myself but I agree with Tom Barlow of Walletpop when he [...]
Apr
22
Hulu subscription service will be $9.95 a month
April 22, 2010 | Leave a Comment
Everybody is nickel and diming you to death for services. Ten bucks here, five there. Well, Hulu is ready to invade our wallets as well. Some parts of Hulu won’t be free for much longer. The LA Times says that a subscription service could go into effect as early as May 24th.
Viewers would be asked [...]
Apr
16
Some investors put money into movies
April 16, 2010 | Leave a Comment
Most investors are comfortable with stocks and bonds in their portfolios, with perhaps a dose of options or commodities for the more adventurous. But many are disillusioned with traditional investments, so some investors are looking to Hollywood
Let's face it, most people don't make it in stocks. If I remember correctly, the market today is roughly [...]
Apr
15
Senators fight airlines over carry-on baggage fees
April 15, 2010 | Leave a Comment
Finally Senators are doing something worthwhile with their old, fat and prodominantly white asses. Senate Democrats are taking aim at carry-on baggage fees after Spirit Airlines became the first U.S. carrier to propose charging passengers to store luggage in overhead bins.
So on Wednesday, Sen. Charles Schumer, D-N.Y., introduced a bill that would amend the tax [...]
Apr
2
iPad will be sold out by early afternoon Saturday?
April 2, 2010 | Leave a Comment
Apple's latest tech toy is all the rage. On Thursday, two video apps, from Netflix and TV broadcaster ABC, showed up in the App Store for iPad, offering consumers software to watch hours of movies and TV shows.
That's good news for Apple, which has been criticized for developing its iPad tablet computer without the ability [...]