I was checking ING DIRECT's CD (Certificates of Deposit) rates today and wondered how long will they continue to be inverted. A 6-month CD currently has an APY of 3.3%, while that of a 4-year CD stands at 2.5%. What I would really like to see is a normal curve, where the longer the CD — Continue reading ยป
Yahoo's Fate After Microsoft
While many are preparing for a dark day for Yahoo's share when the market opens on Monday, I don't think the shares will get battered too roughly, although there will be volatility. Microsoft's withdrawing of its offer isn't good news to many, but speculation on what Yahoo may have up its sleeve might keep the — Continue reading ยป
Yahoo's Fate After Microsoft
While many are preparing for a dark day for Yahoo's share when the market opens on Monday, I don't think the shares will get battered too roughly, although there will be volatility. Microsoft's withdrawing of its offer isn't good news to many, but speculation on what Yahoo may have up its sleeve might keep the — Continue reading ยป
Yahoo Beats, Microsoft Next
As I had expected, Yahoo reported good earnings, but nothing spectacular. The stock has received a slight dent in after-hours, most likely the effect of selling into the good news. Chances are, barring any big news, it'll stay relatively flat tomorrow. The question still is whether Yahoo can maintain the earnings going forward. I believe — Continue reading ยป
Yahoo's Earnings
Yahoo is slated to report its earning tomorrow after the market close. If it can pull off what Google did last week, the stock should rise to about $35. Then again, that was Google and there was plenty of pent-up demand from buyers. The stock had been pounded so bad that there was nowhere for — Continue reading ยป
Yahoo's Earnings
Yahoo is slated to report its earning tomorrow after the market close. If it can pull off what Google did last week, the stock should rise to about $35. Then again, that was Google and there was plenty of pent-up demand from buyers. The stock had been pounded so bad that there was nowhere for — Continue reading ยป
Tax Spam Season
You know the income tax filing deadline (April 15th) is nearing when tax-prep companies rev up their spam engines. This one from H&R Block is offering half-off their regular prices. Obviously trying to push through a few more sales before the filing season is over and they are back in the lull period. I'm sure — Continue reading ยป
Citibank Online Banking?
If it was an April fool's joke, surely many people didn't find it amusing. While the stock market was rocketing up today, Citibank's online banking site was down and out, stranding thousands of their customers. We're not talking about a short outage, this was an all day near blackout. What astounds me is that there — Continue reading ยป