Microsoft Takeover Rumors Send EA Shares Up
September 23, 2009 by Mark Ellis
Filed under Business News
Videogame maker Electronic Arts has experienced a surge in the value of its stock following speculation that computer giant Microsoft is considering a takeover of the company. However, both companies have declined to make any comments on such an arrangement and analysts remain largely skeptical about how the acquisition would be practical.
To some analysts, Microsoft acquiring Electronic Arts makes no sense at all because of the fact that Microsoft is developing newer forms of videogame technology, making an acquisition of a traditional videogame company pointless. This potential roadblock has not stood in the way of trading, with EA’s shares climbing …read more
FedEx Shares Reach 11-Month High
September 11, 2009 by Mark Ellis
Filed under Business News
After releasing a report that its first-quarter profits have topped its forecasted quarterly earnings, FedEx Corp, the country’s second-largest package shipping company, has watched its shares surge in its biggest daily gain in the last several months. According to the company’s preliminary results, FedEx will eventually post earnings of 58 cents per share.
Originally, the company had predicted earnings of anywhere from 30 to 45 cents per share while the average analyst expectation for FedEx’s profits settled at 45 cents per share. Its strong performance may indicate that the shipping industry has begun to recover, especially in the profitable service of …read more
New Source for Corporate Finance: Community
September 10, 2009 by Miranda Marquit
Filed under Corporate Finance
Symantec Profits, Shares Fall Sharply
July 29, 2009 by Mark Ellis
Filed under Business News
Computer security software maker Symantec Corp. has posted a disappointing 58 percent drop in profits from a year ago in its fiscal first-quarter report, blaming the situation on the softening of demand on the part of corporate customers. In response to the company’s report, shares slid more than 7 percent to $15.90 in late trading.
Symantec took in $1.43 billion in revenue this quarter, down from $1.65 billion, and posted earnings of 34 cents per share, excluding special items. Analyst expectations had the software company doing somewhat better, predicting $1.49 billion in revenue and 35 cents per share. Symantec CFO James …read more
RadioShack Cuts Costs, Shares Fall
July 27, 2009 by Mark Ellis
Filed under Business News
Although RadioShack has managed to post results that beat analyst expectations in the second quarter, its shares have fallen 8 percent. Investors are worried that RadioShack’s second quarter results only came after vigorous cost-cutting measures and that the electronics company will not be able to maintain profitability once it runs out of costs to cut.
Analysts have also wondered whether or not RadioShack actually went too far in its cost-cutting measures, hurting the company’s chances of gaining ground as other competitors continue to bow out. RadioShack ended up cutting 11 percent of its costs mainly through limiting the amount of money …read more
74-day round-the-world cruise in a Royal Suite on the Queen Mary 2 — or one share of Berkshire Hathaway (BRKA) stock.
July 6, 2008 by moneypenny
Filed under Personal Finance
Having been in investment planning for a fair part of my working life, when I see something like this I find it really worth reading, so I share it with you.
On Friday we spoke about the legendry Warren Buffet one of the most sucessful investors of all time.
USA today reported what happened two years back,when shares in Berkshire Hathaway hit 100,000 a share, now …read more
Should we be worried about the markets?
June 10, 2008 by moneypenny
Filed under Personal Finance
Should we be worried about the financial markets? Well I think so. When companies like Lehman Bros lose 50% of their share value for the first time in their very long history, and then start scrabling around trying to raise money on the stock exchange. When major banks are being bailed out by reserve banks. When many shares are in freefall due to the jittery markets, and when the price of oil is just on a drunken rampage full of its own importance and value. When world powers can’t find a workable alternative solution to the oil producing states …read more
Investing and trading in e money digots ( digital shares)
April 28, 2008 by moneypenny
Filed under Personal Finance
Most people know what e money is and have come across pay pal e pay e gold and the like. However, can these digital shares be traded like money or shares? The answer is yes, and as I’ve been saying in my last few posts, this has become a more popular investment. Much has been said about E gold ( based on gold) on this blog in the past, by Mark. I’m going to focus on digots, or digital shares which can be bought and sold and the risks and scams associated with them.
I remember driving down the road one day to work and I saw a …read more






