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I have Ph.D, CFA, CFP
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About Me: I am Dr. Joe Lewis.
They Call Me Dr Joe |
Carl Icahn will destroy YahooBy John C. Dvorak BERKELEY, Calif. (MarketWatch) -- Shareholders of Yahoo Inc. are now being confronted by Carl Icahn and the slate of directors he has to replace the current board.
Saudi ProductionThe same OPEC report said Saudi Arabia's April production was 9.02 million barrels a day, down 37000 barrels a day from a month earlier.
Pioneering winemaker Mondavi diesPioneering vintner Robert Mondavi, who helped put Californian Cabernets and Chardonnays on the world's wine-tasting map, has died at the age of 94.
When Goldman Speaks, People Buy OilAfter it bet correclty on the subprime mortgage market, investors seem to be willing to listen carefully to Goldman Sachs, and the brokerage house's bullish energy forecasts are lifting the price of crude to new heights, bringing it every closer to the
Appliances A Washout At GEJeff Immelt isn't Thomas Edison, and General Electric isn't a general electric company anymore. The beleaguered chairman of the historic blue-chip has decided to sever its ties with its historic appliance business.
Fannie Mae Bows to Pressure on Down Payment Standard (Update1)By Jody Shenn and Dawn Kopecki May 16 (Bloomberg) -- Fannie Mae, backing down from pressure from homeowner and real estate groups, will allow buyers in markets with falling home prices to purchase houses with 3 percent down payments,
Bernanke Requests Power to Pay Interest on Reserves (Update3)By Craig Torres and Scott Lanman May 16 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke asked Congress to give the Fed immediate authority to pay interest on reserves deposited by commercial banks, seeking to streamline efforts aimed at
Carlyle and the Washington FactorCarlyle Group, the private equity behemoth, has for years been trying to shed its image as the ultimate Washington insider, profiting from its ties to the power brokers in government, business and the military.
Paulson Says Economy Is Starting to ReboundBy MIKE NIZZA The Treasury secretary, Henry M. Paulson Jr., delivered a guardedly optimistic message to business leaders on Friday, saying that the economy was moving toward a rebound after months of malaise.
Yahoo, WPP form multiyear ad-trading partnershipSAN FRANCISCO (Reuters) - Embattled Yahoo Inc (YHOO.O: Quote, Profile, Research) has struck an advertising partnership deal with WPP Group (WPP.
Airport slot auctions proposed for Newark, JFKWASHINGTON (Reuters) - The USgovernment proposed on Friday to auction some takeoff and landing rights at the New York area's two international airports, as a way to boost competition, a plan that drew sharp criticism from airlines.
| US Builders Broke Ground on Fewest Houses Since '91 (Update2)By Courtney Schlisserman May 16 (Bloomberg) -- Construction of US single-family houses in April dropped to the lowest level in 17 years, even as building of condominiums and townhouses rebounded.
Tech Roundup: HP nabs EDS, CBS grabs CNet© 2008 AP NEW YORK - The tech sector's attention was captured by two major deals this week, as Hewlett-Packard Co. said it will buy Electronic Data Systems Corp.
Biovail unit to plead guilty in US Cardizem caseTORONTO (Reuters) - Biovail Corp (BVF.TO: Quote, Profile, Research) said on Friday that a subsidiary would plead guilty to US charges it made payments to induce purchasing or ordering of the Cardizem LA heart drug.
MARKET SNAPSHOT: US Stocks End Lower But Book Solid Weekly GainsUS stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy, but with losses remaining shallow as energy and commodity stocks provided support to the broad market.
FDA orders Texas plant to shut down, recall smoked seafoodWASHINGTON (AP) - Federal health authorities are directing a Pasadena, Texas, company to shut down and recall all its dried smoked catfish steaks and other smoked seafood produced since June 2007 because it failed to develop safety standards,
Fannie Mae relaxes loan down-payment requirementsBy Lynn Adler NEW YORK (Reuters) - Fannie Mae, the largest US home funding source, is setting a single national standard for down payments on mortgages it buys, including areas where home prices are falling, in an effort to stimulate the housing market
Lockheed Martin wins $1.4 billion Air Force contractBy Christopher Hinton, MarketWatch NEW YORK (MarketWatch) - Lockheed Martin Corp. was awarded a $1.4 billion Air Force contract to build the next-generation global positioning satellite system, beating out rival Boeing Co.
Time Warner Chairman Parsons likely to depart next yearTime Warner Chairman Richard Parsons suggested at the company's annual meeting Friday that he would probably leave as expected next year, clearing the way for Chief Executive Jeff Bewkes to also become chairman.
US Airways pilots union disapproves of possible United comboBy CHRIS KAHN 05.16.08, 6:49 PM ET If US Airways and United Airlines decide to combine, they'll bring along a number of reluctant employee groups that would rather remain separate.
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