RSSArchive for March, 2008

JPMorgan Increases Bear Stearns Price to $10 and Home Sales Rise 2.9% After Six Straight Declines

JPMorgan Increases Bear Stearns Price to $10 and Home Sales Rise 2.9% After Six Straight Declines

Last week, the big news was that JPMorgan Chase was going to buy once multi-billion dollar rival Bear Stearns for around $2 per share, valuing the company even less than the value of their corporate headquarters building. Oddly enough, even after this announcement was made, the stock was still trading at a premium. While the [...]

Congratulations to the TaxCut Contest Winners

Congratulations to the TaxCut Contest Winners

The results are in, and I have the winners for the three TaxCut flash drives. It was interesting to see all of the college basketball picks that everyone had as well, and there were a number of upsets this weekend. Luckily, Michigan State pulled it off late last night and we’re headed to the sweet [...]

Friday Finance Findings for March 21st

Friday Finance Findings for March 21st

TGIF, and this Friday is better than most. Today is a holiday for myself and the stock market, and considering how things have been going, it is a welcome break. Even better, is having a day off when we’re kicking off March Madness. Nothing like a day full of college hoops to keep someone busy. [...]

Poll: Do You Feel We’re in a Recession?

Poll: Do You Feel We’re in a Recession?

According to a recent CNN poll, nearly 3 out of 4 Americans think that we are in a recession. Naturally, I figured it would be interesting to pose the same question to the readers here to see where our generation stands in terms of thinking about a recession. But first, we have to define recession. [...]