Articles

SanDisk reported last night. Their results were fantastic, yet the stock barely traded up. This morning, it is down big. What gives?

Google's stock is moving dramatically higher - today, doing it on a weak day. Can it continue?

Walgreens is being unfairly clobbered as a result of its bare miss on the market. But, what does this mean for the drug industry?

Now that VMWare has reached $100, here is a word of caution to anyone thinking about buying. This however isn't a recommendation to short as stocks can remain irrationally high longer than shorts can remain solvent.

Lee Bollinger is making a huge mistake and should be dismissed as President of Columbia by the University's trustees immediately.

I couldn't believe that Mozilo and Dodd were pushing so hard for a large rate cut. Going in to the Fed's decision, it seemed certain to me that Bernanke would stick to his principles and continue to fight an elevated risk of inflation caused by higher energy costs. He didn't stick to his principles and now I think that we are going to pay a heavy price.

Taking advantage of an old rule, and following it to the letter, Berkshire Hathaway sent its disclosure of the sale of $141 millions of shares it owned in Petro China by regular mail, taking 10 days to be received. Buffett unloaded other shares of Petro China a couple of months earlier in July, also disclosing the sale by regular mail and also taking days -- this time 14 -- to reach its destination. Pretty sleazy stuff for a multibillionaire.

The private equity community is preparing a defense of the 15% carried interest tax loophole that relies of big names and celebrities to defend themselves.

It seems that Home Depot is really run by a bunch of amateurs to accept $8.5 billion for HD Supply when it negotiated to sell the company for $10.3 billion two months ago.

Some try to make private equity out to be the noble knight, who frees the damsel from distress and ensures a bright future. I think it's more like the hormone raging gigolo who is looking to love 'em and dump 'em.

Momma Bernake is giving the bottle to Wall Street Bankers and Traders to keep their businesses afloat. Do you think they'd throw any of us a lifeline? Doubtful.

Is Apple planning to bid for wireless spectrum at an upcoming auction?

In August, Frederic S. Mishkin a member of the Board of Governors of the Federal Reserve Bank authored a paper which explored how the Fed should react to a bursting of the housing bubble. One idea explored and advocated was a drop in short term rates. The 50 basis point reduction in the federal funds rate by the Fed seems to indicate that they are trying to prevent a more severe downturn in the housing market. I included some interesting charts.