Reading Time: < 1 minute Did a google news search on this. From my own experience, prepaid phone card is very popular in China. I have used those from time to time when I visit China. I believe most of China Mobile (NYSE: CHL) subscribers are prepaid customers, which is opposite to the AT&T and Verizon Wireless customers in the
Reading Time: < 1 minute Via YouTube. It seems the card companies are not happy. Today I saw a big drop of stocks of American Express (NYSE: AXP), Capital One (NYSE: COF). Are the golden days of credit card industry over? We shall see.
Reading Time: < 1 minute From Yahoo Tech-ticker. I don’t know about Wells, but I have US Bancorp shares (NYSE: USB). The stock appears expensive if you look at the price book ratio, which is a common metric to measure bank stocks. But USB is a very different bank compared to others, it’s a conservative lender. Since I opened my
Reading Time: < 1 minute I knew about Huntsman (the company) because of last year’s private equity back out from announced acquisition. And I knew Jon Huntsman Sr. found Huntsman Cancer Institute, besides founding the Huntsman chemical company. I didn’t know Jon Huntsman Jr. is a moderate (pragmatic) republican, and he and his wife has adopted a baby girl from
Reading Time: < 1 minute The answer is “Not Really”. First saw the video from trader1688.
Reading Time: < 1 minute First saw it from flyblog. Kind interesting. Today WSJ revealed more haggling between banks and Fed.
Reading Time: < 1 minute Yahoo Tech-ticker Disclosure: I don’t have BAC shares. I think, long term (I mean really long like 5 years) BAC is a good call option for US economy recovery. I don’t agree with Henry Bloget on this aspect: I think Ken Lewis is the right man for the job.
Reading Time: < 1 minute Saw the McCafe (aka better coffee at McDonald) ad on TV (not on YouTube yet). But here is a Cantonese version of ad (via. YouTube). According to ChicagoBusiness, big Mac maker poured $100 million for the ad campaign. A really chilly Summer for Starbucks is coming 😀 Discloure: no longer have MCD position.
Reading Time: < 1 minute Steve took interview from local West Virginia TV station (link here Part 1 Part 2 Part 3 Closing My thoughts
Reading Time: < 1 minute (Update 02May09) 4 ways to follow the meeting. (Original) David Sokol is the Chairman of Mid-American Engergy holding, a subsidiary of Berkshire Hathaway (NYSE: BRK.A; BRK.B). He took interview from Becky Quick of CNBC today. The Berkshire annual shareholder meeting starts tomorrow. CNBC BuffettWatch will follow minute by minute. Some people expect shareholders will ask
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