Friday, October 06, 2006

Wal-Mart: The Incredible Shrinking 'Comp'

[Quote]
"Lower sales growth in September sends the retailer's shares to a second session of selling Thursday."

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The Next YouTube?

[Quote]
"It may be too early to tell whether YouTube is a billion-dollar business or a dot-com bomb. In the meantime, every media mogul worth his salt wants some of its viral video glow--or at least some of the next overnight Web sensation."

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Thursday, October 05, 2006

Airbus CEO: 15 Years Behind Boeing

[Quote]
"It could be 15 years before Airbus overtakes Boeing in terms of product development, the company's Chief Executive Christian Streiff said in an interview published in The Financial Times. "This is such a long-term business. We must catch up. In 15 years I hope we are ahead of Boeing again," Streiff told the newspaper."

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Lenders Gone Wild! Never before have so many people owed so much $$

[Quote]
"Wall Street is at an all-time top; apparently investors are as fearless, or as clueless... as consumers. That no one seems to register any fear is remarkable - given the catastrophic consequences of any misstep. Never before has there been so much debt...and never before have so many complicated, contradictory debt-backed investments been stretch"

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Wednesday, October 04, 2006

Dow Hits All-Time High As Oil Drops

[Quote]
"The Dow Jones industrial average hit an all-time high on Tuesday, surpassing the previous record made in 2000, as investors bet that sliding crude oil prices will stimulate consumer spending and boost corporate profits even as the economy slows."

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Dow Passes Intraday High

[Quote]
"The Dow Jones industrial average surged past its all-time trading high of 11,750.28 Tuesday, taking yet another step in its recovery from seven years of market turmoil. The index of 30 blue chip stocks moved into uncharted territory, rising as high as 11,754.55 shortly after 12:30 p.m."

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Monday, October 02, 2006

Can You Live Long and Prosper?

[Quote]
"Here's a scary thought: Saving for retirement is the easy part. Making your money last 30 or 40 years after you stop working--now that's a neat trick to pull off."

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