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 »

January 1, 2009 | , , , , , ,
| No Comments »

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 »

December 26, 2008 | , , , , , ,
| No Comments »

New York Community Bancorp, Inc. to Issue Fourth Quarter 2008 …

New York Community Bancorp, Inc. (NYSE: NYB) (the "Company”) today
announced that it expects to issue its earnings release for the three
and twelve months ended December 31, 2008 at approximately 8:00 a.m.
Eastern Time (ET) on Tuesday, January 27, 2009. The release will be
posted to the Company’s web site,
,
upon issuance.
The Company will conduct a post-earnings conference call at 9:30 a.m.
(ET) on January 27th, during which Chairman, President, Read the rest of this entry »

December 24, 2008 | , , , , , ,
| No Comments »

Arizona may run out of money in February

Arizona could run out of money to pay its bills as early as next month, state Treasurer Dean Martin says.
And unlike last spring, when the treasurer issued a similar alarm, this time there won't be reserves to cover the bills. Martin says the state will be forced to borrow money in the short term - the first time since World War II - and adds that there is little that lawmakers can do to avert it.
"No matter what they do with the budget, we'll Read the rest of this entry »

December 19, 2008 | , ,
| No Comments »

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 »

December 16, 2008 | , , , , , , ,
| No Comments »

Business Matching debuts at Sign and Graphic Imaging show

Show organisers International Expo Consults (IEC) has created an online platform designed at connecting exhibitors and visitors before attending the exhibition.
SGI 2009 will adopt the online Business Matching component, enabling pre-registered visitors to match their requirements to exhibitors. This way, the exhibitors can ensure they have the information required by potential customers before attending the show.
'Business Matching enables exhibitors Read the rest of this entry »

December 11, 2008 | , , , , , ,
| No Comments »

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 »

December 11, 2008 | , , ,
| No Comments »

Cramer's 'Mad Money': Stay in the Game

recaps.
Editor's note: The following is a recap of a "Mad Money" episode that last aired on Aug. 30, 2008.
You can't become a great investor by watching from the sidelines or giving up after a few losses; you have to be willing to get in the game and stay in it, Jim Cramer told viewers of his "Mad Money" TV show.
Cramer said he knows how hard it can be to keep one's head in the game, and as far as he's concerned there are three "forces" that Read the rest of this entry »

December 11, 2008 | , , ,
| No Comments »

NetSuite Ecommerce Merchants Experience Record Growth in Business …

NetSuite is the only Software as a Service (SaaS) application that integrates Ecommerce, enterprise resource planning (ERP) and customer relationship management (CRM) capabilities all in one system. NetSuite Ecommerce offers businesses a wealth of capabilities in a single application -- something no other software vendors have been able to match. These powerful features include site building, lead generating, inventory management, Web site, Web store, Read the rest of this entry »

December 10, 2008 | , , , , , ,
| No Comments »

How to end a 'decade of neglect' in US-Latin America relations

Has this been a good decade for Latin America?
It started horribly and then improved. It was good after the commodities boom began in 2003 until it ended a few months ago. As with past booms, people thought it would last forever. I gave a speech in Chile in July at which the speaker before me predicted oil would end the year at $250 a barrel. The notion that prices would stay high and prosperity remain unstoppable was silly. What people didn't understand Read the rest of this entry »

December 10, 2008 | , , , ,
| No Comments »

« Previous Entries

© 2009 - Business Development Center