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Yahoo Overtaking Google in Innovation?

Posted on April 19, 2005 by Preston Danforth

That’s what The Internet Stock Blog is wondering:

Yahoo (ticker: YHOO) is aggressively implementing Really Simple Syndication (RSS) across its network, with the recent upgrade to Yahoo News and the introduction of RSS feeds for Yahoo Shopping. Geeks are beginning to argue that Google (ticker: GOOG) is becoming a technology laggard, behind Yahoo and (gasp!) Microsoft [...]

Latest US Economic Data: Outlook Uncertain

Posted on April 15, 2005 by Preston Danforth

The data is all over the board these days when it comes to the US economy. Reuters is reporting:

NEW YORK (Reuters) – Industrial production and consumer sentiment reports came in on the weak side on Friday, the latest data to support the view that higher oil prices could lead to slower U.S. growth in [...]

US Balance of Trade Keeps Slipping

Posted on April 13, 2005 by Preston Danforth

Another great piece from Capital Spectator:

The U.S. balance of trade slipped to another all-time deficit in February–$61 billion vs. $59 billion in January, reports the U.S. Census Bureau. If you thought the news would take a hefty bite out of the dollar, you were mistaken. By the close of Wall Street trading today, the dollar [...]

Consumption Economics & the Energy Crisis

Posted on April 13, 2005 by Preston Danforth

The Capital Spectator has a great piece on Consumption Economics & the Energy Crisis:

CONSUMPTION ECONOMICS
In the good old days of energy shocks, consumers cut back when prices jumped. But cutting back is no longer popular sport in the current bull market for oil.
Long gone are the days in the 1970s, when higher oil prices eventually [...]

Copart Turns Scrap Into Cash

Posted on January 13, 2005 by site admin

Fairfield, California-based Copart has seemingly found gold in the auto junkyard – to the tune of $400 million per year.
Copart generates revenue by acting as a middleman between insurance companies and used part dealers, rebuilders, etc.

Like most middlemen, Copart prospers by taking a bit from both sides–registration and administrative fees from the buyers, for example–and [...]

Apple Makes Bank in Q4

Posted on January 13, 2005 by site admin

This apple spoof probably isn’t troubling Steve Jobs too much these days, after Apple’s Q4 profits quadruple as iPod sales soar.
Forbes has the scoop:

For the three months ended Dec. 25, Apple said it earned $295 million, or 70 cents per share. In the same period last year, the company earned $63 million, or 17 cents [...]

FDA Asks Pfizer to Pull Back Marketing of Celebrex

Posted on December 20, 2004 by Shanti Braford

It seems the FDA can’t quite make up it’s mind about Pfizer’s mega-drug, Celebrex. Is it harmful, or is it safe?

In an unusual move that reflects serious concerns about the new results, the agency asked the company to suspend its use of direct-to-consumer advertising and alter its marketing to doctors, as regulators and the [...]

EBay buying Rent.com for $415 million

Posted on December 20, 2004 by site admin

On Friday, eBay announced that it is acquiring yet another Internet property, this time the online apartment and rental broker, Rent.com.

In a diversification move, online auctioneer eBay Inc. is buying the privately held Rent.com, which specializes in Internet listings of apartment and house rentals, for about $415 million in stock and cash.

You can read more [...]

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Posted on November 03, 2004 by site admin

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