Gold futures hit $1,000 an ounce for the first time. The sinking dollar and record crude oil prices have gold skyrocketing. Crude hit a record $110.70 a barrel on the New York Mercantile Exchange after earlier rising to a new trading record of $111. Until the Feds get inflation under control Gold and […]
Google’s long-anticipated acquisition of online ad service DoubleClick is coming to a close. The $3.1 billion deal just completed after nearly a year of regulatory wrangling. This new addition is expected to turn the Internet search leader into an even more powerful marketing vehicle that’s fueled by better insights about consumers.
Look out Microsoft […]
Cramer has gone on the record as saying, “defense stocks are as strong as ever and as cheap as ever” If John McCain makes it to the White House he believes you want to be in the defensive stocks. Cramer’s list includes:
Lockheed Martin (LMT), Northrup Grumman (NOC), General Dynamics (GD), L-3 Communications (LLL) and […]
Since everything she touches turns to gold, it is no wonder why Oprah has Cramer’s vote. Oprah has joined forces with Discovery Holdings (The Discovery Channel) to launch her own network. With DISCA trading 7% lower than when Cramer first backed it…looks like a good time to back up the truck on a […]
Yahoo extended the deadline for nominating candidates to its board fearing that Microsoft would nominate its own member to the board in an attempt to push the deal through. Yahoo had given itself more time to search for a white knight to help it fight off an unwanted takeover bid from Microsoft. There […]
Capital IQ has estimated that since October of last year, six CEOs have lost more than $1 billion through holdings of their companies’ stock. Here is the list:
Larry Ellison of Oracle, Michael Dell of Dell Inc., Micky Arison of Carnival, Jeffrey Bezos of Amazon.com, Eric Schmidt of Google and Rupert Murdoch of News […]
