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Article Archive for March 2009

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Sony shares up as Stringer takes control

Sony made the announcement that CEO Howard Stringer would be doing double duty for the company and become the president of Sony, taking current president Ryoji Chubachi’s place.
Chubachi will become vice chairman.
Shares of Sony rose 1.3%. Nikko Citigroup even raised Sony’s rating from “buy/high risk” …

HSBC to try to raise $18 billion

With all the problems facing the world, including President Obama trying to pass a $3.5 trillion budget through Congress, banks like HSBC have found themselves in the middle.
HSBC is now trying to raise $18 billiion in funding to stay afloat through these hard financial times.
In …

Warren Buffet believes the economy will remain in “shambles”

The billionaire Warren Buffet, who has made his money in investments, belives that the United States economy will remain in bad condition through 2009 and “well beyond.”
The news didn’t give any hope to investors or people waiting for the economy to pick up.
Then again, his …

Circuit City may not be the place to shop when looking for deals

All across the internet, sites are talking about the refund and return policy surrounding the Circuit City liquidation sale. Suprisingly, there is some inventory left, including TVs, which Chris and I saw first hand at one of the stores in Fort Worth, Texas.
However, with stories …

Obama sets a date for troop withdrawl

When we voted for a Democrat this is the day we hoped for: A set date for troops to be withdrawn from Iraq. Iraq has proven to be a public relations nightmare for the United States, now President Obama has given a set date for …