Reading Time: < 1 minute (Aug. 06, 2009) Strategic Hotels misses estimates, sees local revenue fall, quote: A closely watched measure of REIT financial performance, FFO is net income excluding gains or losses from property sales, plus depreciation and amortization. (May 1, 2004) Table Is Set for New Round of Hotel IPOs, quote: Historically, stocks in the sector traded at
Reading Time: < 1 minute He talked about job market, compensation, and the events around crisis a year ago.
Reading Time: 2 minutes (Update 13Nov09) BBI released not so good earning report (Reuters). One interesting point is they are going to spend $10,000 to $20,000 to renovate the stores (about 1,700). (Original) Note I am saying “dying”, not “death”. This also does not demonstrate all the hard work of men and women at Blockbuster, from corporate to stores,
Reading Time: < 1 minute From Yahoo Tech-ticker. I don’t necessarily agree his view (but it’s always good to listen to both sides of the arguments).
Reading Time: 2 minutes (Update Oct-01-2009) Sold all CBAK shares today. I don’t want to hold it in this market. Took a small profit (about 3.5%). (Original) Some background As of Sept 28, the big brother BYD market cap HKD 140.9 b = USD 18.18 b; annual revenue RMB 26.788 b (Google finance HK: 1211) the little brother China
Reading Time: 2 minutes Disclosure: I am not a gamer, my favorite computer game was played on Windows 3.1 in 1994/5. Don’t know the English name, we called it Pirates Ship, basically three guys (one has a shield, one has a knife, and another one can jump) have to work together to overcome the adversaries and achieve the final
Reading Time: 3 minutes (Update 22Sept09) Sold all my SVA shares. The stock is trading at bubble price and it is very speculative. Initially I made some money, but I gave it all back and then lost some. So the lesson here is don’t overpay for “hot” stocks. (Update 14Sept09) Sansar Capital (Sanjay Motwani), the hedge fund who is
Reading Time: < 1 minute GM was replaced by Cisco; Citi replaced by Travellers. Source: WSJ. (you may need to get the full article via Google). Interesing part (for me), quote WSJ: Why choose a tech company, Cisco, to replace an automaker? We did not need another consumer goods company after adding Kraft Foods when we removed AIG. In looking
Reading Time: < 1 minute Time to do some homework, amid all these AIG bonus (Yahoo Tech-ticker; NY Times op ed), and toxic asset plan (Krugman vs. Geithner craziness). I decided to calm down and took a look at US Bank (bancorp) (NYSE: USB; company IR page). Articles I read from seekingalpha Amit Kumar: Bank stocks: invest or trade? Martin
Reading Time: < 1 minute AIG bonus. 90% tax. Clawback (that’s new word for me). Goldman Sachs. The bank rescue (aka toxic assets) plan Tim Geithner (WSJ op ed March 23) My Plan for Bad Bank Assets; NY Times article; WSJ article. Paul Krugman (the recent Nobel Economics winner) comments (one, two) Meet the press, Face the Nation and ABC
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