Archive for May 4th, 2008

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Last week our Sunday estate was the home of a former “ER” actress, this week we’ve got another Television actress, Mel Harris, most famous for her role as the winsome and whiny Hope on the show “thirtysomething.” The LA Times Hot Property column reports that Harris has listed her Pacific Palisades property, a charming four-bedroom Country English-style home. She has owned the home for five years and it has been remodeled with a new marble-countered kitchen and bathrooms. There are older details to love such as the Batchelder tile fireplace in the living room and the beautiful beams and archways. The new master bathroom is a bit too over the top for a home of this scale and graciousness and the travertine tile in the kitchen seems enjoy it would be a better fit for a Florida flip than for this older Californian. The home was originally listed at $4.347 million but is already down to $4.197 million which still seems like a lot of cash for 4,5000 square feet even in the pricey Palisades.

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Financial stocks we love - CNN Money
Let’s face it, financials have seen superior days. Banks, investment banks and insurers were booming as recently as the beginning of last year. But the S&P Financial sector has fallen 28.5% in the past 12 months and 9.3% so far in 2008. So we looked

China to supervise IPOs more closely - International Herald Tribune
SHANGHAI : The China securities regulator has said it would strengthen supervision of initial public offers of shares to reduce wildly speculative trade that contributed to a current stock market slump. “We will improve the mechanism for consulting on

Chidambaram Says India May Suspend Some Food Futures (Update1) - Bloomberg
May 4 (Bloomberg) — India might have to suspend trading in some food futures to arrest inflation if parliament calls for it, Finance Minister Palaniappan Chidambaram stated. “If rightly or wrongly people perceive that commodities- futures trading is

Sector Snap: Chip shares slip as Cirrus posts 4Q loss - Boston Globe
NEW YORK— Semiconductor stocks on Friday gave back some of their gains from the day before, as Cirrus Logic Inc. shares plunged following a first-quarter loss. The chip sector, as measured by the Philadelphia Semiconductor Index, fell 5.04 points

Sensex firms see worst profit growth in 2 yrs - Hindustan Times
Companies that are part of the Sensex have seen their worst profit growth in eight quarters during the three-month period ended on 31 March, according to an analysis of figures released by 22 firms that are part of the 30-stock benchmark index of the

Stocks waver as oil jumps - CNN Money
NEW YORK (CNNMoney.com) — Stocks were blended Friday afternoon, near the end of an otherwise upbeat week on Wall Street, as rising oil and gold prices and Sun Microsystems’ surprise quarterly loss countered any relief about the April employment report

Israel stocks leap, building on U.S. close - Marketwatch
TEL AVIV (MarketWatch) - Israeli stocks took heart from Wall Street and took off on Sunday, opening a holiday-shortened week with solid gains. Tel Aviv is “following the U.S. market,” which saw a strong rally on Thursday and didn’t back off seriously

This Week’s Barron’s Roundup - Street.Com
At the time of publication, Altucher and/or his fund had no holdings in stocks mentioned, although positions may change at any time. James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network

UPDATE 2-Energy, materials push Toronto stocks higher - Reuters
TORONTO, Might 2 (Reuters) - The Toronto Stock Exchange’s main index powered more than 200 points higher on Friday, spurred on by resurgent resources and easing worries over the health of the U.S. economy. Fertilizer company Agrium Inc. (AGU.TO: Quote

Focus on Europe rates as economy slows - Reuters UK
LONDON (Reuters) - Europe will be a major focus of investors’ attention this week as the European Central Bank and Bank of England meet separately to discuss interest rates against a backdrop of declining economic strength. With global equity markets

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BUSINESS PULSE - Myrtle Beach On the internet
Jennifer Strickland has joined Full Steam Ahead Inc. Fire and Water Restoration as an estimator; Charlotte Freed has joined as an administrative assistant. Craig R. Stiller has joined the Commercial Services Division of Prudential Burroughs & Chapin

Darling, you must get a grip on tax policy - Guardian Unlimited
Just when Gordon Brown and Alistair Darling thought it was safe to come out from behind the couch, they’ve been embroiled in yet another tax row, compounding last week’s electoral woes. This column has drawn attention to the growing list of blue

BUSINESS CALENDAR: Events across the region - NWITimes.com
VALPARAISO | Northwest Indiana Professional Networking meets from 8 to 9:30 a.m. Mondays at the South Bend Chocolate Cafe, 57 Franklin St. NIPN members meet to network and chat with others who are in career transition. There’s no fee. For

Clinton’s gas plan is ‘phony,’ Obama says - Boston Globe
INDIANAPOLIS - Broadening his attack, Barack Obama stated yesterday that Hillary Clinton’s support for a summertime break from the federal gasoline tax symbolizes a candidacy consisting of “phony ideas, calculated to win elections instead of actually

Working together: growth in a small town - Meridian Star
Just a few years ago, downtown Newton, Mississippi was all but empty. The vacant buildings up and down Main Street in the small town were so profuse and created such an eyesore that a group of locals decided to paint them to look like they’d

San Francisco Hispanic Chamber of Commerce President Richard Ventura - PR Inside
- President and C.E.O. of the San Francisco Hispanic Chamber of Commerce, Richard Ventura is elected Vice President of Office of Small Business Commission (SBC) for the City and County of San Francisco. Richard Ventura is an active participant of the

Don’t send your tax rebates overseas - Detroit Free Press
We’re all being alerted that the checks are on the way, get ready to shop. While I don’t see this as the answer to the current recession, those who can or feel they should go shopping should at least try to purchase something made in the United States

Chambers work to service members - Marion Chronicle-Tribune
It is the job of the several chambers of commerce in Grant County to help support the area’s existing businesses and develop new business opportunities in an area which has been hard-hit economically in current years. Small business growth in the

Business Briefs - Pharos-Tribune
WoodBridge Health Campus received the President’s Award for excellence and first place in the company for assisted living customer service at the Trilogy Health Services Spring Meeting, which was held April 16 to 18. The award was based on customer

Research and Markets: New Study Reveals Projected US SOHO Business - Forbes
Research and Markets (http://www.researchandmarkets.com/reports/c90576) has announced the addition of US SOHO Business Outsourcing & 3rd Party Services Expenditures, 2007-2012 to their offering. This Excel-based Data-rich Deliverable (DRD) that’s

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