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Last December I wrote on Intel being sued by the Federal Trade Commission based on the sweetheart deal Dell was getting for using their chips in Dell computers. The suit against Intel is about to commence, but it seems Dell did a proactive move and decided to settle with the Securities and Exchange Commission to [...]
We all knew it was coming, and today it finally came. The Dow Jones Industrials has been up and down, riding an interesting roller coaster over the past couple of weeks that saw it drop below 10,000 a couple of times, only to rally back above the mark by the close of the day. Last [...]
What a wild ride on Wall Street this past week. With worries about many countries in the European Union, the fall of the price of oil, and of course the massive oil spill that seems to be taking a life of its own, numbers were dropping for much of the week, even falling below that [...]
Just when you think you’ve seen everything, you come across a day like this. The stock market took a major league tumble, then found a way to right itself. At one point during the day the Dow was down more than 900 points, before rallying to end the day down a little more than 300 [...]
This can’t be a surprise to anyone, but yesterday, the Dow Jones closed at 9,908.39, falling 104 points from last Friday. Supposedly, the market is falling because of three reasons. One, President Obama wants there to be a bit more regulation in watching what these guys do. Two, foreign markets have been erratic, especially with [...]
The date was 9/11/01; the time was 8:46AM. The stock market was supposed to open that day; it didn’t. Other than holidays or weekends, the stock market had never been closed for any other reason. This was the day it all changed. The stock market stayed closed for days. I don’t think anyone cared. I [...]
