Description: Cisco CEO John Chambers says the most recent quarter was its “best ever,” citing growth in video, routers and collaborative technology. Source: CNNMoney.com – video report  Date: 05/13/2010 Link: http://money.cnn.com/video/news/2010/05/13/n_cisco_chambers_quarter.cnnmoney/ Questions for discussion: Summarize the reasons to be optimistic about the global economy? Why do you suppose Cisco is considered a bellwether stock?… Read more »
Monthly Archives: May 2010
Market Edge: Life Left in Bear-Market Rally
Description: The stock market has a chance to hit new recovery highs until it tops out, with that halt potentially coming late this summer, according to Stockmarket Cycles editor and money manager Peter Eliades. MarketWatch’s Laura Mandaro reports. Source: Marketwatch.com – video report  Date: 05/11/2010 Link: http://www.marketwatch.com/video/asset/market-edge-life-left-in-bear-market-rally/2123C27E-3E52-471D-BE2D-B2AF295DD078 Questions for discussion: Summarize the stock market… Read more »
Why gold keeps breaking records
Description: The gold rally revved up again Friday, nearly hitting a record $1,250 an ounce, before slipping later in the day in volatile trade. Stock market jitters and Europe’s debt troubles have sent investors flocking to the precious metal, but why? Source: CNNMoney.com Date: 05/14/2010 Link: http://money.cnn.com/2010/05/14/markets/gold_record/index.htm  Questions for discussion: Why has gold risen… Read more »
IBM to Spend $20 Billion on Takeovers Through 2015
Description: International Business Machines Corp. Chief Executive Officer Sam Palmisano, seeking to boost earnings by focusing on software and services, said he plans to spend $20 billion on acquisitions in the next five years. Source: Bloomberg.com  Date: 05/12/2010 Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRqLcBIcjkcE Questions for discussion: What is the significance of IBM’s announcement? Why are acquisitions an… Read more »
Treasury Two-Year Notes Gain on Speculation Crisis to Sink Euro
Description: U.S. two-year notes had their first three-week winning streak since January as demand for the safest assets rose on speculation Europe’s sovereign-debt crisis will damp growth and lead to disintegration of the euro. Source: Bloomberg.com  Date: 05/15/2010 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=a3uJ_8cLNk.A Questions for discussion: What is the yield curve? How is it used to interpret… Read more »
NYSE CEO explains selloff
Description: NYSE Euronext CEO, Duncan L. Niederauer, says his exchange slowed trades of stocks including 3M, Accenture and P&G during the 998 point drop. Source: CNNMoney.com – video report  Date: 05/07/2010 Link: http://money.cnn.com/video/markets/2010/05/06/mkts_nyse_ceo.cnnmoney/ Questions for discussion: Summarize the description given of how the NYSE actually works in comparison to other competing markets. Is there an… Read more »
AM Report: Strike Tests Greece, Europe
Description: Greece was gripped by a nationwide general strike, in what is seen as a key test of the government’s ability to shepherd through tough austerity measures in exchange for a multibillion-euro bailout. Charles Forelle, Evan Newmark and Mike Reid discuss. Source: Marketwatch.com – video report  Date: 05/05/2010 Link: http://www.marketwatch.com/video/asset/am-report-strike-tests-greece-europe/58C75EFA-FA3A-4325-9531-E972A0FBC338 Questions for discussion: How… Read more »
Yesterday’s market swerve: fat fingers, glitch, or cyber-warfare?
Description: Theories about yesterday’s stock market swoon, where within a matter of 20 minutes, the stock market plunged by 1,000 points and then nearly completely recovered, are abounding. Fortune asked Rishi Narang, founder of the hedge fund Telesis Capital and author of Inside the Black Box, to share the theories he’s heard and handicap them… Read more »
U.S. Banks in Four States Closed, Failure Count Climbs to 68
Description: U.S. regulators closed four banks holding less than $740 million in total assets as this year’s failures climbed to 68. Lenders in Arizona, California, Minnesota and Florida were closed by regulators and the Federal Deposit Insurance Corp. was named receiver, according to statements on the agency’s website. The failures cost the FDIC’s deposit insurance… Read more »
Berkshire Says Burlington Northern, NetJets Helped Boost Profit
Description: Warren Buffett’s Berkshire Hathaway Inc., which reported a $3.6 billion first-quarter profit last week, said gains at private flight company NetJets Inc. and railroad Burlington Northern Santa Fe bolstered results. Source: Bloomberg.com  Date: 05/08/2010 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aPL.hvjH5srY Questions for discussion: Do you believe that the financial results for Berkshire are indicative of general economic… Read more »
