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One of the great things about living in a democracy is that you get to vote — and not just today at the polls, though of course you should do that. You also get to vote with your pocketbook — something that I practice assiduously.
I was reminded of this the other day when I went [...]
With the latest round of Qs coming out, we’re starting to see all sorts of new warnings about the current financial mess and the impact this is likely to have on various companies. Take this new one that Xcel (XEL) added in the 10Q it filed on Friday afternoon:
Credit risk includes the risk that our [...]
Anyone who drives a car regularly has noticed that gas prices have fallen pretty sharply over the past month — something that fellow Brandeis grad Thomas Friedman bemoans in his column today because lower prices are likely to have a negative impact on conservation and other habits, such as fewer SUVs on the road.
But Friedman’s [...]
It’s no secret that San Diego is awash in foreclosures. Indeed, Realty Trac lists 18,885 bank-owned homes in the county and another 12,041 in pre-foreclosure. Given that kind of distressed supply, prices have fallen dramatically — about 30 percent, according to this report.
So perhaps it’s not all that surprising that when Sunpower (SPWRA) announced yesterday [...]
Last week, we learned that Merrill (MER) was being coy by refusing to answer questions about its exposure to Lehman’s (LEHMQ) bankruptcy filing.
As it turns out, they’re not the only ones. In the 10Q it filed last week, AMR (AMR), the parent company of American Airlines did an even bigger dance around what is presumably [...]
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