Word: stockings
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...MOUNTAIN VIEW)-Google Inc., announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction. Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community...
...A380 crisis, Airbus must decide whether it has the money and management to proceed with developing the 330-seat A350 in a bid to catch up with Boeing's new 787 Dreamliner, or focus elsewhere. Steve East at Credit Suisse First Boston in London, who downgraded EADS stock to "underperform" last week, thinks the company will cancel the €8 billion A350 program altogether. It's all a huge change from the triumphalism at Airbus headquarters - and European capitals - two years ago, when the firm outsold Boeing for the first time. Back then, Airbus was hailed as a uniquely European...
After nearly seven fitful years, the Dow Jones industrial average hit a new high last week. Long-term blue-chip-stock investors who bought in January 2000, when the Dow peaked at 11,723, were even at last. Time to break out the bubbly? Maybe. Then again, maybe...
Investors may be sensing a trap. Daily stock trades at Charles Schwab fell 9% in August. That month investors poured money into stocks globally but withdrew $4 billion more than they put into U.S.-focused mutual funds. The figures for September were expected to show only modest improvement...
...Before another shoe drops, it's a good time to take stock of the damage Mark Foley, the one-man Republican wrecking crew, has done to his party in the last seven days...