stlplace

Yahoo buys US$1 billion stake in Alibaba (2005-8-11, China Daily): $1 billion for 40% stake of Alibaba Group (parent company of Alibaba, Taobao and Alipay). Taotao and Alipay is Chinese equivalent of eBay and Paypal, repectively.
Yahoo sells direct stake in Alibaba.com (cnet, 2009-9-14). Quote:
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Yahoo has sold 1 percent of its stake in the Chinese-based business-to-business […]

(Update 05-07-2010) I just found out some more details on how it works. Per BoA’s FAQ of the Keep the Change Program, “The matching funds will be credited annually to your savings account. This will take place within 8 weeks after the month of your enrollment anniversary for the Keep the Change® savings service.” […]

I sold my few shares of Palm Friday morning shortly after opening. Palm (Nasdaq:PALM) share dropped 29% on Friday after horrific earning outlook (marketWatch). Palm is increasingly likely to say “bye bye” to its loyal customers in a year or two. Quote sobelmedia:
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I’m never going to forget my very first Palm Pilot in 1998…how […]

My old friend, high end restaurant with family appeal, and a legendary founder (company web site). I traded it (Nasdaq:RUTH) back in 2005 shortly after its IPO. Obviously with the recession, high end was hurt badly, RUTH was no exception. To make matter worse, RUTH bought a seafood chain in early 2008 using debt. The […]

From NBR at PBS.
Here is series one.

This is a topic of behavioral finance.

Got some Developers Diversified Realty (NYSE:DDR) shares. A bit late. But as an old saying goes “better late than never”. Why I said “late”? Because the smart money already bought a boat load of this in Feb this year (Developers Diversified Enters Into Agreement to Sell 30 Million Shares to the Otto Family). Quote:
it (DDR) […]

(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 price/FFO multiples between […]

He talked about job market, compensation, and the events around crisis a year ago.

First saw it on Andrew Sorkin.
More goodies from CNBC, My 5 Hot Tech Picks: Fund Manager (yeah, CNBC is not just full of crazy stuff).

(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, note […]

From Yahoo Tech-ticker. I don’t necessarily agree his view (but it’s always good to listen to both sides of the arguments).