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Monthly Archives: October 2008
Starbucks and Landlords…
For weeks, there have been various lawsuits filed against Starbucks by landlords. Two of the reasons: – Not paying rent in time since it announced the closing of 600 stores – Backing out of a leases by Refusing to move … Continue reading
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Warnaco's Success = The Death of U.S. Swimming?
It’s no secret that nearly every public company is facing a bit of uncertainty with the recent economic crisis. Warnaco’s stock (NYSE: WRC) is currently hovering around $31 a share, more than $20 down from its high in September. But, … Continue reading
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Tagged LZR, swimming, Warnaco
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Discover Settles Antitrust Dispute
Last week Discover Financial Services settled an antitrust suit with Visa and MasterCard for an undisclosed sum and sent the stock price up 11 percent. The dispute revolved around whether Visa and MasterCard were blocking banks from having Discover accounts. … Continue reading
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News Corp. is Doing Alright Despite Losses
Rupert Murdoch gave the thumbs up in an annual meeting with News Corp. shareholders today, according to several news reports. The media mogul “told investors that News Corp has a strong balance sheet and a good array of businesses to … Continue reading
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Tagged Investor Strategies, Media, News Corp., Rupert Murdoch
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Warnaco: Defying Typical Trend
The Warnaco Group owns the brands Speedo, Calvin Klein and Chaps by Ralph Lauren, as well as many others. Usually, apparel companies like this, which fall into the Consumer Discretionary Company category (along with household durable goods and the auto … Continue reading
Obama encourages job growth brought by the alternative energy sector
First Solar stock rebounds in market rally The solar energy sector received an endorsement from Democratic presidential candidate Barack Obama Monday as he detailed his economic plan at a stop in Ohio. “We’ll take a page from Toledo that has … Continue reading
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Tagged first solar, first solar ohio, first solar perrysburg, green collared workers ohio, obama alternative energy, obama economic speech ohio, obama jobs, obama renewable energy, obama solar, obama speech toledo, ohio solar jobs, ohio solar sector, ohio unemployment, toledo jobs
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Roller-coaster Month for New Biz Site
You would think that as far as timing goes, no other business news site could have been lucky enough to launch than four weeks ago, when Slate’s spin-off site Big Money hit the web during … Continue reading
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Tagged biz news, Slate, The Big Money, Washington Post Company
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Sun going down on solar energy stocks
First Solar (NASDAQ: FSLR) led the pack of solar energy companies hammered today as concerns arose about the risk of an oversupply in the sector and repeal of European alternative energy subsidies. First Solar stock fell close to 20% today, … Continue reading
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Tagged emergency economic stabilization act, first solar, goldman sachs analyst, investment tax credit, Michael Molnar, Michael Molnar and goldman, solar energy stocks
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