Articles By: MarketTalk
Market Leader Buys RealEstate.com For $8.25 Million
Market Leader, a NASDAQ-listed provider of online marketing and technology solutions for real estate professionals, this morning announced the acquisition of RealEstate.com. Financial terms of the acquisition were not disclosed, but the agreement includes the RealEstate.com domain name and website, as well as a network of more than 250 participating brokerage companies and “hundreds of [...]
787 Dreamliner becomes reality three years behind schedule
Boeing has delivered its first 787 Dreamliner to Japanese customer All Nippon Airways (ANA). Boeing says its carbon fibre design cuts fuel consumption by 20% and the plane gives passengers a more comfortable ride with better cabin air and large electronically dimmable windows. The first $200m plane arrived three years behind schedule after persistent delays [...]
Meg Whitman Will Succeed Apotheker as CEO
Hewlett-Packard Co. (HPQ) Chief Executive Officer Meg Whitman plans to stick by strategies set in motion by her predecessor, Leo Apotheker, betting that investors prefer steady leadership to another unsettling change of course. Whitman, in her first interview as Hewlett-Packard’s CEO, said the company stands by plans to acquire U.K. software marker Autonomy Corp. for [...]
EDAC Technologies Reports Fiscal 2009 Fourth Quarter and Full Year Results
EDAC Technologies Corporation (Nasdaq:EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today reported sales for the fourth quarter of fiscal 2009 of $16.3 million, up from $12.1 million for the same period of 2008 and $15.1 million in the 2009 third quarter.
Stocks mostly advance on government bank plan
Markets worldwide are reacting positively to a plan proposed to buy stocks in banks troubled by the financial crisis. It would be interesting to see the long term effects of this government involvement in the private sector.
Europe puts more on the line for banks than US
Europe puts $2.3 trillion, far more than US, on the line for banks and stocks soar PARIS (AP) — Europe put $2.3 trillion on the line Monday to protect the continent’s banks, a figure that dwarfs the Bush administration’s $700 billion rescue program, in its most unified response yet to the global financial crisis after [...]
Bush to announce expanded bank bailout details
Bush administration plans to spend $250B of $700B bailout plan buying stock in private banks WASHINGTON (AP) — The Bush administration plans to spend an initial $250 billion of the $700 billion bailout buying stock in private banks, greatly expanding protections for the U.S. financial system out of deep concern for the faltering economy, industry [...]
What will the Candidates do with your money?
Even with the approval of the $700B bailout package for the US markets, the financial system is still not out of the woods. This package will shape every decision that future president makes with US economy as a whole and how it would change the way we manage our money and what we do with [...]
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