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Monday, April 14, 2008

Monday, April 14, 2008


photo by helmet13

Quote for the day:

At the age of six I wanted to be a cook. At seven I wanted to be Napoleon. And my ambition has been growing steadily ever since.

- Salvador Dali




In the news:


Wachovia reports a first quarter loss of $270 million, or 14 cents per share versus earnings estimates of a profit of 47 cents per share. This forced the bank to lower its dividend, raise $7 billion in capital and cut jobs. Wachovia says that the nation's housing slump is only half over, and might not hit bottom until the middle of 2009.

Blockbuster, the biggest movie-rental chain, made an unsolicited offer to buy Circuit City Stores, the second-largest U.S. electronics retailer, with a bid between $6 and $8 a share (up to $1.35 billion). Circuit City closed at $3.90 last week before the takeover bid.

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at 4/14/2008 10:13:00 AM  

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      • Real GDP rises 0.6%; not yet a recession
      • Wednesday, April 30, 2008
      • Case-Shiller Home Price Index Plunges at Record Pace
      • Tuesday, April 29, 2008
      • Housing vacancies swell to a staggering total
      • Monday, April 28, 2008
      • Consumer Confidence at lowest point since 1982
      • Friday, April 25, 2008
      • New Home Sales fall further in March
      • Thursday, April 24, 2008
      • Ambac posts loss of $1.7 billion; market cap is at...
      • Wednesday, April 23, 2008
      • Existing Home Sales fall but prices rise
      • Tuesday, April 22, 2008
      • Market is pricing in a quick recovery
      • Monday, April 21, 2008
      • Ted Spread remains at a high level; maybe being ke...
      • Friday, April 18, 2008
      • U.S. Leading Index posts small increase after 5 mo...
      • Thursday, April 17, 2008
      • CPI for March increased moderately
      • Wednesday, April 16, 2008
      • PPI for March Surges Ahead
      • Tuesday, April 15, 2008
      • Retail Sales Post Small Gain in March
      • Monday, April 14, 2008
      • The University of Michigan's Consumer Sentiment In...
      • Friday, April 11, 2008
      • Trade Deficit increases in February 2008
      • Thursday, April 10, 2008
      • The Housing Crisis Spreads to Europe
      • photo by FreeWineQuote for the day:'I wish life wa...
      • Pending Home Sales Continue to Fall in February; N...
      • Tuesday, April 8, 2008
      • U.S. Gas Prices at Record High
      • Monday, April 7, 2008
      • Unemployment starts to act like we are in a recession
      • Friday, April 4, 2008
      • ISM's Report on Non-Manufacturing shows Third Cons...
      • Thursday, April 3, 2008
      • Withheld Taxes Stablizes in March
      • Wednesday, April 2, 2008
      • ISM's PMI report for March shows Manufacturing Slo...
      • Tuesday, April 1, 2008
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