Archive | April, 2010
What Forbes is Saying About Municipal Bonds
If you haven’t read the recent April 26, 2010 issue of Forbes Magazine yet, you should check it out. The Editor, William Baldwin, wrote about the four upcoming tax increases, and describes a multi-step technique to reduce taxes, which includes investing in a municipal bond money market fund. Then on page 38, Ashlea Ebeling wrote [...]
Continue reading...Beyond the Greek Crisis: Will Capitalism Survive?
29 April 2010 – 9:45 pm PDT
Comments Off
Reuters reports, Greece readies austerity measures, markets steady:Union officials said the International Monetary Fund asked Athens to raise sales taxes, scrap bonuses amounting to two extra months pay in the public sector, and accept a 3-year pay freeze.”They want Greece to cut the deficit by 10 percentage points in 2010 and 2011 … so that [...]
Continue reading...Bob Johnson’s Ex-Wife is Ashamed of BET
29 April 2010 – 9:36 pm PDT
Comments Off
Filed under: Personal Finance, Dr. Boyce Money, News Thirty years ago, with $15,000 dollars in seed money and another $500,000 in bank loans, Sheila Crump Johnson and her ex-husband, Bob Johnson founded Black Entertainment Television. Since that time, the couple has earned over $1 billion dollars from their tiny investment, and BET is a household [...]
Continue reading...West Wing Week: "Doing the Math"
29 April 2010 – 9:36 pm PDT
Comments Off
Thanks for checking out the West Wing Week, your guide to everything that’s happening at 1600 Pennsylvania Ave. This week, walk step-by-step with the President as he attends a naturalization ceremony for some members of the Armed Forces, delivers a eulogy for West Virginia miners, welcomes the World Series Champion New York Yankees, travels to [...]
Continue reading...Borg Warner (BWA) Swings To Big Profit On Autos Recovery, Shares Soar
29 April 2010 – 9:15 pm PDT
Comments Off
Borg Warner (BWA), which manufacturers auto parts to make cars more efficient, soared over 10% today after reporting strong earnings results as the US auto industry continues its remarkable recovery and the China auto industry remains red hot. The company smashed Wall St EPS estimates of .42/share by posting a non GAAP profit of .65/share, [...]
Continue reading...Barofsky Threatens Criminal Charges in AIG Coverup, Goldman Sachs Abacus Deal, TARP Insider Trading; New York Fed Implicated
29 April 2010 – 8:36 pm PDT
Comments Off
The day that Tim Geithner lands in jail will be a day of celebration. Don’t count on it soon or ever, but Neil Barofsky, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), is now threatening criminal charges. Please cheer the following headline: Barofsky Says Criminal Charges Possible in Alleged AIG Coverup … [Neil [...]
Continue reading...Will UQM Technologies (UQM) Get The Biden Bounce?
29 April 2010 – 8:14 pm PDT
Comments Off
What’s the Biden Bounce you ask? Biden as in Joe Biden. Yeah, that Biden who they let out of the basement of the White House once in awhile to let us all know he’s still alive and acting as VP. He’s got a big task ahead of him tomorrow. He’ll be speaking at the new [...]
Continue reading...Power One (PWER) Vaults Another 20% After Earnings, Posts Record Revs
29 April 2010 – 7:12 pm PDT
Comments Off
Power-One (PWER), which makes power conversion and management products for the renewable energy industry, has really been on a roll after breaking out of a cup with handle base on April 14th. It’s up about 40% in the past two weeks and may tack on another 20% tomorrow after beating Wall St earnings estimates after [...]
Continue reading...Save Money Buying Musical Instruments
29 April 2010 – 6:20 pm PDT
Comments Off
By Kevin M If you have teenagers who play musical instruments or if you’re into instruments yourself, your wallet will love a company called Musician’s Friend. My son got into playing drums when he was ten years old, not just through the school music program, but as a personal hobby and passion. If your kids [...]
Continue reading...GM Webchat with Chris Borroni-Bird on Reinventing the Automobile, Friday 2pm EDT
29 April 2010 – 5:20 pm PDT
Comments Off
GM is holding a live webchat tomorrow, 30 April 2 p.m. EDT, with Christopher Borroni-Bird, GM’s Director of Advanced Technology Vehicle Concepts and co-author of the book Reinventing the Automobile: Personal Urban Mobility for the 21st Century. Borroni-Bird’s co-authors on the book are Lawrence Burns, a former Vice President of Research & Development at GM [...]
Continue reading...
30 April 2010 – 12:18 am PDT
Comments Off