Category Archives: Finance

Blockbuster Sold for $320 Million

Blockbuster Sold For $320 Million

Dish Network Corp (DISH) placed the winning bid to purchase the former video rental giant, Blockbuster Inc. (BLOAQ.PK).  They agreed to cough up $320 million, outbidding billionaire Carl Icahn and Monarch Alternative Capital of New York. This is not the

AT&T To Buy T-Mobile For $39 Billion

AT&T To Buy T-Mobile For $39 Billion

Rueters has announced that America’s least favorite network, AT&T, plans to buy T-Mobile USA for $39 billion. The deal would make AT&T (gasp) the largest mobile carrier in the US.  “This is a unique opportunity.”  said AT&T’s CEO Randall Stephenson,

Should You Buy Apple Products or Apple Stock?

Should You Buy Apple Products or Apple Stock?

Apple is one of the main reasons I became interested in stock investing.  Way back in 2003, I purchased my first Mac computer. It was a Powermac G5 with a dual 2GHz processor, it was 64 bit and the beast

Amazon Shares Set To Surge

Amazon Shares Set To Surge

Shares of Amazon (AMZN) could be ready to surge in the near future.  The companies’ stock is trading 60% higher than it was this time last year, Amazon also reported an astounding Q4 EPS of $0.91.  There’s no doubt the

Nasdaq

NASDAQ Stock Exchange Hacked

The National Association of Securities Dealers (NASDAQ) has been hacked.  Nasdaq OMX spokes person Frank DeMaria said “suspicious files” were discovered on their servers during a standard security scan. Further investigation revealed that Nasdaq’s Director’s Desk system may have been affected.

CreditCard

Credit Card Numbers Explained

Ever wonder what all those numbers on your credit card mean?  Neither have I. Interestingly, all those numbers aren’t random. Mint.com does a great job breaking down this unpondered mystery.  They also unravel a secret code (for all you Di

ericschmit

Google: Schmidt To Step Down, Reports Solid Q4

Google announced their Q4 earnings today, but who cares?  The big news is that their CEO Eric Schmidt will step down and assume the role of Executive Chairman.  Schmidt will be replaced by Google co-founder Larry Page on April 4th.

Applemoney

Apple Reports Monster Q1 Earnings and Sales

Apple has reported another blowout quarter. They basically crushed analysts expectations. The stock was briefly halted as these numbers were reported. After the halt, Apple began trading with tremendous volume, briefly propelling to all time highs.  Bad news for all

Stevejobs2

Steve Jobs Takes Leave of Absence: Updated

Apple co-founder and CEO Steve Jobs will take his second leave of absence in two years.  Today Jobs sent the following email to Apple employees: “Team, At my request, the board of directors has granted me a medical leave of

3DS

NINTENDO, 3DS TO SHIP MILLIONS, STOCK PERFORMANCE, VISION WARNING

Reuters: On February 26, Nintendo will launch their highly anticipated 3DS hand held console. They will initially begin selling Units in Japan, where they plan to ship 1.5 million units in the first month alone!.