Archive for July, 2008
Bristol-Myers offering $4.5 billion for ImClone - BusinessWeek
The drugmaker, Bristol-Myers Squibb Co., on Thursday offered $4.5 billion in cash for its cancer drug partner, biotechnology company ImClone Systems Inc., saying the two are “a natural fit” and together could reach more patients. ImClone’s board has
A Market Examination of the Disabled Equipment Industry in the United - PR Inside
www.researchandmarkets.com - Research and Markets ( www.researchandmarkets.com/research/edaf79/disabled_equipment ) has announced the addition of the “Disabled Equipment (UK) - Portfolio Analysis” report to their offering. The Plimsoll Analysis
Oil Companies, Utilities Help Indexes Rise Slightly - Wall Street Journal
European stocks advanced slightly at midday Thursday despite an overall disappointing round of earnings, with oil explorers leading gainers as Shell produced the highest-ever quarterly earnings for a European oil producer. The Dow Jones Stoxx 600
KPCB adds gaming company to iFund list - MacNN
A gaming company has been chosen as the next iPhone developer to receive money from Kleiner Perkins Caufield & Byers, an announcement reveals. The venture capital firm has agreed to provide ngmoco with Series A money from the iFund, a $100 million
Credit Card Stocks: Staples, Not Luxuries - CNBC
Robert Dodd, analyst at Morgan Keegan, offered CNBC his take on the world’s largest credit card companies, MasterCard and Visa. [ V Loading ( ) ] shares fell on Thursday, even after they each reported earnings — Visa on Wednesday
Huntington New Business Volume Ranked in Top 50 on the Monitors 100 - MSN MoneyCentral
COLUMBUS, Ohio , July 31 /PRNewswire-FirstCall/ — Huntington Equipment Finance, a division of Huntington National Bank, was once again ranked among the largest and fastest growing equipment finance companies in the United States . The Monitor’s
MasterCard and Visa avoid slowdown - Financial Times
MasterCard and Visa , the world’s two largest credit card networks, are so far resisting the effects of the US economic slowdown by focusing on overseas business and a growing preference for credit and debit cards over cash and cheques. Visa this
Oil company profits soar on record prices - International Herald Tribune
LONDON/NEW YORK : Exxon Mobil broke its own record for the highest-ever quarterly profit for a U.S. company on Thursday, joining other major oil companies in posting stronger earnings on the back of sky-high oil prices. The average price of a barrel
Governor presses food tax fight - San Francisco Gate
Gov. Jim Gibbons wants to continue the state’s legal battle with Nevada casinos over $142 million or more in taxes paid by the resorts on free or “comped” meals — although it has been a losing fight so far. Gibbons administration officials think
Elan and Wyeth Present Encouraging Results from Phase 2 Clinical Trial - MSN MoneyCentral
Elan Corporation, plc ELN and Wyeth WYE today are presenting detailed results from the companies ’ 18-month Phase 2 study of bapineuzumab (AAB-001) in patients with mild to moderate Alzheimer’s disease at the Alzheimer ’ s Association ’ s
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Posted by: in Your Business
I am a sucker for surveys and evaluations. You know the kind, where you answer the silly questions to get some insight into yourself, your marriage. I found a survey that purports to tell you your REAL AGE by asking you questions about your lifestyle, eating habits, relationships, and other stuff.
It’s RealAge.com. Of course, they are going to try to sell you stuff. And the whole thing is the view of their “Scientific Advisory Board.” The guys who run this site are the authors of the “YOU” books (YOU: The Owner’s Manual, YOU: Staying Young, etc.)
I took the survey, of course (it’s free). Yes, they are trying to sell stuff, but I’m good at ignoring that. I received the results in an email and then had to click back onto the site. I am guessing they get more “hits” that way.
I learned some interesting stuff:
- Having a dog is better for you than having a cat. They stated having any animal is good, but the dog is better because it requires walking, hence you get more exercise.
- I need more potassium and folic acid. I’m not quite sure why; anyone know?
- I need to know my resting heart rate, I guess because that way I have the ability to tell if it’s too high.
- And most surprising, Flossing daily is a massive benefit, reducing your age as much as 6.4 years. Why? (a) it protects your heart, (b) it protects your arteries, and (c) it may reduce the danger of diabetes and its complications.
Very interesting stuff. More on the flossing thing later. If you take the test, tell me what you think.
Tags: baby boomers, What’s Your Real Age?, You: Staying Young
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Filed under: Estates
What does $33 million purchase you in Franklin Tennessee? Let’s find out with today’s estate of the day. This over 20,000 square-foot manor house is on nearly 700 acres. The main residence with its porches and Corinthian columns was built in 2002 but aspires to an antebellum style. Because the land is mostly flat, the massive home can be seen from most parts of the property. The entry foyer is dominated by a grand staircase which rises to the 4000 sq. ft. master suite under twin Waterford chandeliers. There are 12′ ceilings on the first floor, and 11′ on the second floor. How’s this for a figure, the window treatments for the 59 windows boast over 2000 yds. of imported fabric. The lower level is includes a billiards room/cafe,a columned surround sound movie theatre and a nine-car showroom garage/workshop. As you might expect, the home has state of the art surveillance and alarm systems. There is also a climate controlled kennel for your canine guard. There’s a pool and the property also has a big maintenance shed, caretakers house, covered picnic area and a dock.
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Networking calendar - Dallas Morning News
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PimpYourWork.com
Before we move on to August, I’d like to recap some PimpYourWork entries from July:
Other articles I’ve written in the blogosphere this month:
Now, let’s move on to more of Pimp Your Work this August!
Photo Credit: Image from Alem Jusic from stock.xchng
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Posted by: in Your Business
He just retired and managed to find a great part-time job. The old pickup he’s been driving for five years is just not trustworthy anymore. So he decided to purchase a massive truck, a 2005 F150, V8, with extended cab. Gas prices have been over $4 a gallon for several months, so at first blush it sounds like a really bad idea. I figured there was a good reason auto dealers are trying to get rid of trucks; after all, this is the same thing that happened in the late 1970s, in the “gas crisis” of that time. But…
The guy who sold it to him is a carpenter who was out of work all winter (this is the Midwest, where we’d a record-breaking winter, and now are dealing with the aftermath of floods), so he sold the truck at less than blue book. I should tell you that my husband drives less than 5 miles to work every day, that most of our family is within a few miles of us, and that we have another vehicle to drive on trips. Surprisingly, the truck gets 21 mpg on the highway! We also intend to keep the truck as long as possible, until it falls apart (or we do).
I’ve a feeling this kind of sale is happening a lot these days, as people deal with high gas prices and inflation, and the problems of economic dislocation. We’re in an economic shift right now. We’ve to re-learn some things:
1. Gas prices will shoot up periodically, and people driving large vehicles are going to be stuck
2. House prices are not always going to go up; sometimes that investment drops in value.
3. Saving/conserving/not spending is always a superior idea than debt.
4. In inflationary times, savers do better than debtors.
What do you think? Are you looking at downsizing your automobile? Or are you grabbing a good deal on something?
Tags: baby boomers, credit crisis, gas crisis, housing crisis, retirement planning
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Render Films Digital Studios Develops Niche with Technology Companies - MarketWatch
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I found this interesting article from The Times of India, discussing Utah’s transition to a 4-day workweek from a 5-day workweek. Researchers from the Romney Institute of Public Management found that 60% of employees who have transitionedto the 4-day workweek reported higher productivity.
They found that although four day work week employees work the same number of hours per week as their traditional work-week counterparts, they reported being more satisfied with their jobs, compensation, and benefits, and were less prone to look for employment elsewhere in the next year.
Source: The Times of India
It’s funny what a seemingly slight difference in scheduling makes. They work the same number of hours as 5-day workweek employees, and yet they report superior performance and job satisfaction. If the performance is indeed better, businesses should take a serious look into applying similar changes in their schedule.
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Filed under: Estates
Today’s home is an architectural treat in the Cleveland Park area of Washington D.C. The Slayton House’s very special triple vault design comes courtesy of I.M.Pei & Associates which received an award for the design in 1964. In 2001, ,architect Hugh Newell Jacobsen was commissioned to enhance the original concept. The project was designed for the family of Pei’s colleague and friend William Slayton and features three poured concrete vaults.
Of course my eye is immediately drawn to the center vault space that contains a library lined by bookcases. The library separates the two master bedroom suites on the top level and overlooks the great room and onward to the pool.
The home has two bedrooms, three full baths and a gourmet kitchen. The front exterior features an alee of white crape myrtle trees around a pool surrounded by Turkish travertine which is also on all floors except the two bedrooms which are carpeted. This home is listed at $4.25 million.
[via Modern Capital]
[Thanks, Victor]
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Continue reading The Slayton House, Estate of the Day
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Filed under: Estates
 Brazilian bombshell Gisele Bundchen just slashed a whopping $5 million off the original asking price on her Manhattan penthouse. The supermodel first listed the West Village spread at $10.9 million last September, then lowered the price a few times, ending up at $7.9 million before withdrawing it from the market in the spring.
Now the Wall Street Journal reports Bundchen just re-listed the pad for $5.9 million, a almost 50% reduction. She paid nearly $3 million for the modern 1,700-sq.ft. triplex with a wraparound terrace and roofdeck overlooking the Hudson River in 2002.
Meanwhile, the Journal also notes that Bundchen’s beau, football star Tom Brady, has upped the price on his 3,000-sq.ft., three-bedroom apartment at the Time Warner Center. He first listed it in 2007 for $16.5 million before taking it off the market. He has now re-listed the spread at $18.29 million, about a 30% increase.
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