#1 Fresh Live Leads : EST 2006
AP - Economic meltdown and financial crisis are not phrases you want to hear as you ponder your holiday shopping. But it is possible to find tech-related gifts on a recession-minded budget, be they handy, entertaining or irreverent.
AP - Yahoo Inc.’s stock rallied Tuesday on a report that AOL’s former chief executive believes he can raise enough money in a worsening recession to buy the struggling Internet company for as much as $30 billion.
Reuters - Johnson & Johnson said on Monday it would acquire breast implant maker Mentor Corp for $1.07 billion as the giant diversified healthcare company pushes into the market for aesthetic medical products.
Reuters - The stores are open, the prices are marked down, but U.S. consumers spooked by the economic crisis bought sparingly at the start of the holiday shopping season.
AP - Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season’s official start.
AP - Online retailers are ramping up heavy-duty deals to turn skittish shoppers into buyers during the crucial Thanksgiving weekend and “Cyber Monday” but even so, online sales are expected to be fairly flat after years of strong growth.
AP - Consumer electronics have long been among the most popular holiday gifts, with fierce competition among shoppers for day-after-Thanksgiving deals on flat-screen TVs and laptop computers.
Reuters - Shoppers lured by money-saving deals filled U.S. stores on Friday, but the annual kick-off to holiday shopping appeared weaker this year as worries about a deep recession kept purchases down.
Reuters - BCE Inc’s C$34.8 billion ($28.3 billion) leveraged buyout stood on the brink of collapse on Wednesday after accountants ruled that the company that would emerge from the deal would fail a solvency test because of its huge debt load.
Reuters - Global miner Rio Tinto Ltd said on Wednesday it was confident it could sell billions of dollars in assets to pay down massive debt, despite concerns about a lack of buyers, a day after rival BHP Billiton Ltd dropped a bid for the firm.
AP - Even in troubled times, Hewlett-Packard Co. has managed to stack up some impressive gains.
Reuters - The Federal Reserve, in another massive life-support intervention for the U.S. financial system, on Tuesday announced a $600 billion program to buy mortgage-related debt and securities and a $200 billion facility to support consumer debt securities.
AP - Hewlett-Packard Co. edged past Wall Street’s forecast for the latest quarter, showing some resilience in troubled times, as strong laptop sales helped offset falling printer orders and weakness in some server lines.
Yet another special interest group is lining up to ask for a share of the seemingly bottomless Washington cornucopia according to an article Monday morning in The Wall Street Journal. The National Association of Homebuilders (NAHB) is ramping up a campaign…(read more)
AP - Hewlett-Packard Co. edged past Wall Street’s forecast for the latest quarter, showing some resilience in troubled times, as strong laptop sales helped offset falling printer orders and weakness in some server lines.
AP - Word of mouth is one of the most common ways homebuyers and sellers find a real estate agent. Now, there are several Web sites that tout a more scientific approach: ranking agents based on criteria such as years of experience, how many sales they’ve closed, and the number of positive testimonials from past [...]
Reuters - Many financial assets across the world are looking cheap after the market ructions of the past year but investors in general have yet to rediscover the impulse to buy.
Reuters - President-elect Barack Obama has picked two experienced policymakers, Timothy Geithner and Lawrence Summers, to spearhead the fight against the global financial crisis — appointments which should bring some cheer to world markets
SAN DIEGO, CA–(Marketwire - November 21, 2008) - Chairman Jerry Englert of BofI Holding, Inc.
(NASDAQ: BOFI) (”BofI”), parent of Bank of Internet USA, today announced
that the board of directors approved an expansion of its common stock
buyback program to purchase up to an additional 500,000 shares of BOFI’s
8.3 million outstanding common shares when and if [...]
The stock market’s recent struggles make now the perfect time to “buy low” and reap rewards later.
Reuters - Microsoft Corp Chief Executive Steve Ballmer ruled out an acquisition of Yahoo Inc on Wednesday but said his company was interested in resuming talks on a Web search partnership.
AP - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be “very open” to a collaboration on Internet search. His comments sent Yahoo shares diving by 19 percent.
Reuters - Mexican retail and media tycoon Ricardo Salinas Pliego owns 28 percent of Circuit City and could buy more of the troubled U.S. electronics chain, a Salinas spokesman said on Tuesday.
Reuters - Target Corp posted a nearly 24 percent drop in profit as an economic downturn curtails shoppers’ ability to splurge on the discount retailer’s trendy wares and make payments on its credit cards.
T-Mobile USA has partnered with AOL’s Platform-A to create a new Web advertising campaign promoting the new Google Android phone today and tomorrow.
