Selected Recent California Newspaper Editorials
- May
- 15
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Arnold Schwarzenegger has a chance to change California’s course significantly. Or, he can continue on the current disastrous path of more taxing, spending and borrowing in order to spend. We hope for a change, but experience tells us we’re probably in for more of the same.
We expect the governor to be unspectacularly predictable Wednesday when [...]
Zimbabwe strike flops concern in South Africa
- April
- 20
Fears of a fierce crackdown by President Robert Mugabes government and the desperate need of many Zimbabweans to make enough money to subsist in the face of a collapsing economy undermined the strike.
It was the second setback in two days for the opposition Movement for Democratic Change (MDC) after a High Court judge on Monday [...]
After Bear Stearns rescue whos next?
- March
- 18
Billionaire investor Joseph Lewis lost $1.16 billion — nearly half his $2.5 billion fortune — as a result of the deal, according to Bloomberg News. Lewis, Bear Stearns’ second-largest stakeholder, paid about $107 each for his 11 million shares and 9.4 percent stake in the company. Bloomberg News also reported that money manager Barrow Handley [...]
JPMorgan to buy Bear for $2 a share
- March
- 18
Bear Stearns was the most exposed to risky bets on the loans; it is now the first major bank to be undone by that market’s collapse. Billionaire Joe Lewis, whose Windermere-based Tavistock Group is developing Lake Nona, was Bear Stearns’ largest individual shareholder as of early March with a stake of more than 9 percent, [...]
Can Google’s Midas Touch Turn Health Record-Keeping Golden?
- February
- 26
Has Google Met Its Match?
Indeed, the issues surrounding PHRs present a challenge that even Google, for all its muscle, may not be able to overcome.
“These are very important topics that need to be aired,” said Mark Bard, president of Manhattan Research, a healthcare market research company that has been tracking PHR use and demand [...]
eBay’s Gloomy Outlook Overshadows Q4 Gains, Whitman Departure
- January
- 27
Investors’ Focus
As with fellow tech icon Apple (Nasdaq: AAPL) , however, eBay’s historic results were quickly pushed aside by investors who chose to focus instead on its outlook. eBay forecast revenue for all of 2008 to be between $8.50 billion and $8.75 billion, a 12 percent growth rate at the mid-point. Analysts had been calling [...]
eBay’s Gloomy Outlook Overshadows Q4 Gains, Whitman Departure
- January
- 24
Investors’ Focus
As with fellow tech icon Apple (Nasdaq: AAPL) , however, eBay’s historic results were quickly pushed aside by investors who chose to focus instead on its outlook. eBay forecast revenue for all of 2008 to be between $8.50 billion and $8.75 billion, a 12 percent growth rate at the mid-point. Analysts had been calling [...]
Obama and the Southern vote
- January
- 20
Sitting at a rural crossroads in solidly Democratic western Tennessee, the Den Tree is a little country store where the customers put peanuts in their Coca-Cola, hunt raccoon for sport and consider opossum a delicacy.
And they don’t mind lingering to talk politics. Customer Pat Garrett said he wasn’t sure whom he was voting for [...]
attempting to predict the future is the province of fools
- January
- 18
It is said that attempting to predict the future is the province of fools. In this vein, I would like to offer my prognostications guesses for 2008.
If you can successfully predict what the consumer is going to do, then you will have cracked the code for the year. As obvious as [...]
Oracle Sweet-Talks BEA Into $8.5B Acquisition Deal
- January
- 17
Split Down the Middle
The new acquisition price was “neatly negotiated,” said Murray Beach, managing director of TM Capital (formerly Boston Corporate Finance).
“The two split their differences in their valuations of BEA down the middle,” Beach told CRM Buyer.
Oracle’s initial offer of $17 per share was a 25 premium over BEA’s closing price on the prior [...]
