Today is Saturday, October 25, 2014

facebook twitter music linkedin digg delicious youtube rss

Posts

An Interview With Richard Branson, President Virgin Group Ltd. An Interview With Richard Branson, President Virgin Group Ltd.

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 take off and had a circulation of over 50,000 copies an issue. All of us working on the project felt like we were students, living away from home in a ... Read More

No Comments

America Did It!–Hiding The Lockheed Burbank Aircraft Plant America Did It!–Hiding The Lockheed Burbank Aircraft Plant

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 who still lives in the area remembers watching it all be set up like a movie studio production, with fake houses, trees, etc. It was strong enough to walk on ... Read More

No Comments

S&P Downgrades Dozens of Global Banks S&P Downgrades Dozens of Global Banks

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 month, in the methods it uses for rating the banks. Citigroup, Goldman Sachs and Bank of America Corp. each had their long-term credit rating downgraded a single notch to A- from ... Read More

No Comments

Ten Years Later, Insiders Press a Different View of Enron Ten Years Later, Insiders Press a Different View of Enron

The following is an excerpt from Scott Cohn | December 3, 2011 | usatoday.com LLANO, Texas – When Enron filed for bankruptcy on December 2, 2001—at the time the largest bankruptcy in U.S. history—the once high-flying energy company cemented its reputation as the very symbol of corporate fraud. Its top executives, including Chairman Ken Lay, CEO Jeffrey Skilling and Chief Financial Officer Andy Fastow became household names, and the term "Enron accounting" joined the business and political lexicons. Eventually, dozens of high-profile convictions ... Read More

No Comments

Tim Cook’s First 100 Days as Apple CEO Tim Cook’s First 100 Days as Apple CEO

The following is an excerpt from Mark Milian | December 2,2011 | CNN.com (CNN) -- World leaders are often measured by what they do in their first 100 days in office. But what about business leaders? As of Friday, it has been 100 days since Apple co-founder and longtime CEO Steve Jobs passed the company torch to Tim Cook. Since that first day, August 24, Wall Street and legions of Apple fans have had their gazes fixed on Cook. As the man heading ... Read More

No Comments

One-on-One with Securities Counsel Raul Rodriguez One-on-One with Securities Counsel Raul Rodriguez

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 the United States. Later, President James Carter appointed him to the post of Inspector General for the Office of Compliance of the Action Agency, supervising VISTA and the Peace Corps. ... Read More

No Comments

Juniper Networks Share Plunge 11 Percent as it Keeps Losing Ground to Cisco Juniper Networks Share Plunge 11 Percent as it Keeps Losing Ground to Cisco

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 early Friday trading. They closed Thursday at $22.37, giving the Sunnyvale, Calif.-based company a market value of $11.8 billion. Before the market opened, they had fallen about 11 percent. Juniper has ... Read More

No Comments

Stocks to Track Earnings with an Eye on Europe Stocks to Track Earnings with an Eye on Europe

The following is an excerpt from Chuck Mikolajczak and Caroline Valetkevitch | April 15, 2012 | Yahoo.com | NEW YORK (Reuters) - After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified. Alcoa Inc (NYS:AA - News) opened the earnings season with a bang, reporting a first-quarter profit on Tuesday instead of the expected loss. That positive surprise foretold a trend. Of the ... Read More

No Comments

What European Elections Mean for Stocks What European Elections Mean for Stocks

The following is an excerpt from Jonnelle Marte | April 23, 2012 | Smartmoney.com | Stocks fell Monday as concerns over political upheaval in Europe unsettled investors. And this volatility may continue even after ballots are cast in upcoming elections, advisers say. The sudden resignation of the Dutch prime minister Monday, coupled with presidential election politics in France and Greece, heightened fears that a shakeup in leadership could upend efforts to address the European debt crisis. Politicians and parties opposed to the ... Read More

No Comments

The Various Fates of Mega-Bank Stocks The Various Fates of Mega-Bank Stocks

The following is an excerpt from Barrons.com | June 8, 2012 | Guggenheim handicaps banks such as JPMorgan, Bank of America, and Wells Fargo. Guggenheim Partners Summer doldrums have returned. Since a correction began in late April, the S&P 500 has fallen 7% while our large-cap banks have declined by 13%. This week has shown some resilience as the S&P 500 increased 3% and our large-cap banks have increased 2%. It's not a favorable sign that the S&P 500 outpaced the large-cap banks ... Read More

No Comments
x