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Zings Of The Day June 22, 2011
Wednesday, June 22, 2011 - 3:46pm | 89Greek Prime Minister George Papandreou won a confidence vote yesterday, which will give Greece additional bailout funds to help it stave off default. Lambs, gyros and hairy men for all!!! Paul R. Allen, the former CEO of Taylor Bean & Whitaker received a 40 month sentence for participating in...
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Zings Of The Day June 3, 2011
Friday, June 3, 2011 - 3:52pm | 103Groupon filed its IPO papers yesterday, saying it will raise $750 million as investors look to cash in on the company with enormous growth. The filing did not say whether I would get 50% off a hang gliding trip in Brooklyn if I bought the IPO. Pandora Media Inc. announced it would be going public...
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Zings Of The Day- June 2, 2011
Thursday, June 2, 2011 - 3:54pm | 138China is rejecting claims that it had hackers inside the country who attempted to hack into a plethora of Google (NASDAQ: GOOG) email accounts. Yea, the fortune cookies and lo mein must be from some other country. Groupon launched a daily deals site with Expedia (NASDAQ: EXPE) as it continues to...
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Zings Of The Day- June 1, 2011
Wednesday, June 1, 2011 - 3:59pm | 105The FDA is reviewing several birth control pills already on the market after some studies suggested they may cause more blood clots than competing medicines. So no babies but blood clots. Seems like a fair trade off. Former Google (NASDAQ: GOOG) CEO Eric Schmidt admitted he screwed up when it...
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Zings Of The Day- May 31, 2011
Tuesday, May 31, 2011 - 4:04pm | 116European Union have ruled out a “total restructuring” for Greece, as the country may be the recipient of a second bailout, according to EU officials. In other news, Greeks have ruled out totally working, so it works out well. Revenue from add-ons to ticket sales soared last year for the airline...
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Zings Of The Day- May 23, 2011
Monday, May 23, 2011 - 3:52pm | 112Google (NASDAQ: GOOG) was warned a multitude of times by state regulators and industry watchdogs, as some of its advertisements about pharmaceutical products were violating U.S. laws. So much for the "don't be evil" mantra. Sony (NYSE: SNE) said today it will have a yearly loss of $3.2 billion, as...
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Zings Of The Day- May 20, 20111
Friday, May 20, 2011 - 3:53pm | 111Shares of LinkedIn (NYSE: LNKD) surged again today, as the professional social network went public yesterday. I haven't seen people this giddy since Laffy Taffy was handed out on the corner of Wall & Broad. Goldman Sachs Group (NYSE: GS) executives expect to get subpoenaed soon from U.S....
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Zings Of The Day- March 18, 20111
Wednesday, May 18, 2011 - 3:34pm | 84Oaktree Capital Management is the latest private investment firm to want to list its shares publicly. It won't be the last, and it sure as heck won't be the first successful one either. Next. European officials want to keep their ranks as the head of the IMF, even if Dominique Strauss-Kahn is...
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Zings Of The Day (HPQ, GOOG)
Tuesday, May 17, 2011 - 3:52pm | 95Paulson & Co. took a $1 billion stake in Hewlett-Packard Co. (NYSE: HPQ) it disclosed in a 13-F yesterday. Yeaaaa, about that stake. It's a little lighter now. Google Inc. (NASDAQ: GOOG) sold some $3 billion worth bonds, as it takes advantage of low corporate interest rates. I wonder how...
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Zings Of The Day (NDAQ, ICE, NYX, SNE)
Monday, May 16, 2011 - 3:31pm | 182Greece is being pressured to sell assets so that the bailout terms can be revised more favorably, as the country struggles under a mountain of debt. I wonder if I can buy an island for $1. Sony Corp. (NYSE: SNE) said it resumed partial operation of its PlayStation Network and Qriocity...
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Zings Of The Day (AIG)
Thursday, May 12, 2011 - 3:55pm | 54The $9 billion American International Group (NYSE: AIG) stock offering from the U.S. Treasury may be postponed if the Treasury can't do it profitably. AIG and profitability haven't been going hand in hand lately. Just see 2008.
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Zings Of The Day (AIG, DIS, TM)
Wednesday, May 11, 2011 - 3:45pm | 149American International Group (NYSE: AIG) announced this morning it would be selling nearly $9 billion worth of stock, as the company looks to pay back the U.S. government. Being paid in full, now that's a joke. Walt Disney Co. (NYSE: DIS) reported earnings last night that missed expectations for a...
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Zings Of The Day (MSFT, HRB, BRK-B)
Tuesday, May 10, 2011 - 3:52pm | 195Microsoft (NASDAQ: MSFT) bought Skype today for $8.5 billion, as it looks to expand its portfolio of real-time communications products and services. Now when I sign onto Skype, I'll see the "blue screen of death." I guess that's worth $8.5 billion. A group of mortgage bond investors are trying to...
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Zings Of The Day (MSFT, HRB, BRK-B)
Tuesday, May 10, 2011 - 3:50pm | 195Microsoft (NASDAQ: MSFT) bought Skype today for $8.5 billion, as it looks to expand its portfolio of real-time communications products and services. Now when I sign onto Skype, I'll see the "blue screen of death." I guess that's worth $8.5 billion. A group of mortgage bond investors are trying to...
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Zings Of The Day (AAPL, GOOG, HTZ, DTG)
Monday, May 9, 2011 - 3:57pm | 113Apple Inc. (NASDAQ: AAPL) has surpassed Google (NASDAQ: GOOG) as the world's most valuable brand. I just assumed there was an app for that. Hertz Global Holdings Inc. (NYSE: HTZ) announced it would raise its offer for Dollar Thrifty Auto Group Inc. (NYSE: DTG) to $72 per share in cash and stock...