Lessons learned: Investing pros talk about 2008

Our portfolios shrank in 2008, yet we're rich as investors.
Rich, that is, in the wisdom that comes from bitter experience. After confronting what will surely go down as one of the worst financial crises of all time, we should all be much smarter about matters of investing.
Let's review some of the key lessons of 2008. One of the most important is that your risk of losing money rises sharply when you venture away from safe but low-paying investments Read the rest of this entry »

Assisted living sites face legal challenges Sunwest Management CEO

In a last-ditch effort to save his company, Sunwest Management CEO Jon Harder placed himself and 14 individual assisted living centers — including Alpine Court in Eugene — into Chapter 11 bankruptcy.
In legal maneuvering that unfolded in the waning days of 2008, Harder sought an injunction to stop nine big investment banks from seizing the most profitable of the company’s nearly 270 assisted living centers across the country.
Read the rest of this entry »

Ciena Solutions Joins SAP(R) PartnerEdge(TM) as an SAP Services

Ciena Solutions, a NetSol Technologies, Inc.
"NetSol" (NASDAQ: NTWK) (DIFX: NTWK) company and provider of enterprise
application solutions and global business services, today announced it has
joined the SAP® PartnerEdge(TM) program as an SAP services partner. The
program gives partners access to resources, services and benefits that will
help Ciena Solutions build and maintain a successful partnership with SAP,
which will help it to optimize business Read the rest of this entry »

Ira Millstein’s Opinion Helped Steer Yeshiva’s Money to Madoff

Dec. 31 (Bloomberg) -- A legal opinion from
, a corporate-governance specialist for four decades,
helped set the stage for
’s millions of dollars
in losses in the Madoff scandal.
Millstein, a senior partner of Weil, Gotshal & Manges, said
in a letter seen by Bloomberg News that Yeshiva had “followed
procedures adequate to prevent either the appearance or the
reality of a conflict of interest.” The September 2000 opinion
cleared financier
Read the rest of this entry »

Profit strategies program aids long-term success

Is your dairy positioned for long-term success? Not sure how to answer this question? Understanding the factors that limit profitability in different herd sizes and how shifts in management strategies can improve profitability can help you establish long-term viability in your operation.
"Profit Strategies," a Penn State Dairy Alliance program, will show producers how to select a business model that will position their dairy business to be more Read the rest of this entry »

Callidus Software Recognized With “Positive” Rating From Leading

Callidus Software Inc. (NASDAQ: CALD), the
leader in
(SPM), today announced that it received a "positive" rating
in the latest North American MarketScope for Insurance
(ICM) Applications(1) by Gartner, Inc. (NYSE: IT), the
world's leading information technology research and advisory company.
Authored by Steven Leigh, Kimberly Harris-Ferrante and Michael Dunne,
Callidus Software was recognized with a "positive" rating in this important
report Read the rest of this entry »

Cal Poly alum markets environmentally friendly shirts

Freshly out of Cal Poly in 2003 with a degree in business finance, Peter Imai faced a challenge familiar to many new alumni upon entering the job market: how was he going to put his new credential to work?
“Like many people, I wasn’t sure what I wanted to do,” said Imai. “I didn’t want a corporate finance job, and I found that entrepreneurial work was more my thing.”
After a few years in real estate, Imai joined Read the rest of this entry »

Strategists See 17% S&P 500 Rise After Saying ‘Buy’

Jan. 5 (Bloomberg) -- The same Wall Street strategists who
told investors to buy stocks in the
since 1937 are
even more bullish than a year ago, predicting the Standard &
Poor’s 500 Index will rise 17 percent.
UBS AG, JPMorgan Chase & Co. and Deutsche Bank AG say the
Federal Reserve’s decision to cut interest rates to as low as
zero percent will help revive the U.S. economy and drive
investors back to equities. Cheaper fuel prices and more Read the rest of this entry »

Daily Stock Market Commentary

Stock Market: investors are seriously concerned about the economic outlook.
Bond quality spreads are Bearish. LQD/TLT Relative Strength Ratio fell to multi-year new lows on 12/19/08. This implies that Bond investors are seriously concerned about the economic outlook.
Stocks appear vulnerable to renewed decline.
The stock price recovery/consolidation since the low of 11/21/08 appears to be taking the shape of a potential Bearish Rising Wedge Read the rest of this entry »

Bill Richardson withdraws from consideration from Commerce

Former presidential candidate Governor Bill Richardson of New Mexico has withdrawn from consideration for the position of Commerce Secretary in the Obama administration.
Richardson said he fears a federal investigation into a company which had done business with the state of New Mexico might delay his nomination. The decision to nominate Richardson to the post was announced by the Obama administration on December 3, almost 4 months into the investigation. Read the rest of this entry »