Articles
During World War II the Army Corps of Engineers decided the Lockheed Burbank Aircraft Plant (above) needed to be hidden to protect it from a possible Japanese air attack.
They covered it with a tent camouflage netting to make it look like a rural subdivision from the air (below).
A nearby resident ... Read More
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Q: How did you first get started in business? What was your first success?
A: The very first thing I did that was a success was Student Magazine. I was a teenager at the time and we operated from a London basement. By the summer of 1967 the magazine started to ... Read More
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The following is an excerpt from MATT JARZEMSKY | June 22, 2012 | Smartmoney.com |
Stocks bounced from Thursday's steep decline, led by financial shares, after Moody's Investors Service completed its long-anticipated downgrade of more than a dozen global banks.
The Dow Jones Industrial Average rose 67 points, or 0.5%, to 12640, ... Read More
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The following is an excerpt from Jonathan Stempel and Jennifer Ablan | April 30, 2013 | Reuters.com |
(Reuters) - Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway Inc has become the biggest elephant in the ... Read More
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The following is an excerpt from Quentin Fottrell | April 19, 2013 | Smartmoney.com |
Some have looked to the width or color of men’s ties as economic bellwethers. But a better sartorial indicator may be the size of a man’s underwear drawer.
American men’s apparel sales remained relatively flat in 2012, ... Read More
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The following is an excerpt from Chana Schoenberger | April 22, 2013 | Barrons.com |
While the U.S. economy is recovering, fueled by the Fed’s monetary expansion, to most, high inflation seems a long way off. But some smart folk – such as U. S. Bank Wealth Management’s chief executive, Mark ... Read More
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The following is an excerpt from Rodrigo Campos | May 7, 2013 | reuters.com |
(Reuters) - Major stock indexes in Germany and the United States hit all-time highs on Tuesday after data bolstered expectations that Germany has returned to growth, while Australia reminded markets that accommodative policies from central banks ... Read More
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The following is an excerpt from NATHALIE TADENA | October 31, 2012 | WSJ.com |
Activist investor Carl Icahn and affiliates reported a nearly 10% stake in Netflix Inc., NFLX +15.85% noting the movie rental company's shares are undervalued due to its dominant market position and international growth prospects.
In a regulatory ... Read More
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The following is an excerpt from David Zielenziger | January 27, 2012 | ibtimes.com |
Shares of Juniper Networks plunged nearly 11 percent as the Internet equipment maker reported dismal fourth-quarter results and it lost market share to No. 1 maker Cisco Systems.
Juniper shares were at $20.61, down 8 percent, in ... Read More
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The securities industry veteran talks with the Opportunist’s Managing Editor Leslie Stone about his career, the presidential appointments he has held and his thoughts on improving the U.S. economy.
Raul Rodriguez has held presidential appointments in two administrations. In the late-1970s, President Gerald Ford appointed him to the Administrative Conference of ... Read More
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The following is an excerpt from Dunstan Paul | November 29, 2011 | Foxbusiness.com
Standard & Poor’s on Tuesday cut its credit ratings for many of the world’s largest banks, including Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC).
The move follows S&P’s shift, announced earlier this ... Read More
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The following is an excerpt from Michael Aneiro | May 6, 2013 | Barrons.com |
Another Securities and Exchange Commission enforcement action against a municipal bond issuer today, this time charging the City of Harrisburg, PA., with securities fraud “for its misleading public statements when its financial condition was deteriorating and ... Read More
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