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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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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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

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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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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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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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