Reading Time: 3 minutes Today is Earth day, we are seeing all kinds of “Green talk” from CNBC to Fox News, from Google to WSJ, from Democrats to Republicans. I think this is all good but this environment thing should be done in our everyday lives, not some sort of campaign or movement: when the passion run out or
Reading Time: 2 minutes Currency effects While we are heading to $4 gas (partly thanks the weak dollar), not all are victims of this trend. Think Google or IBM. Google (GOOG) and IBM reported blow out earning, while cell phone maker Nokia (NOK) reported so-so earning (or outlook) last week. One key difference is the reported currency, Google and
Reading Time: 2 minutes Shanghai composite index closed new 52 week low today, at 3094.67 (down 12% compared to a year ago). (full size pic here, powered by Google Finance) But I don’t think too much of it, other than the valuation of China A share market is more attractive now. The composite index itself is screwed up because
Reading Time: 2 minutes There are lots of discussions (e.g., wang jianshuo) about boycotting French companies lately, after the Paris Olympics torch relay incident, and some France politicians unfriendly move. Now the France supermarket giant Carrefour, which has a large presence in China, will be boycotted on May 1, because (arguably) its main shareholder supports free Tibet organization. Baidu
Reading Time: < 1 minute Last week I had the opportunity to try the latte at a new McDonald restaurant near my home, it was good. The middle size iced carmel latte cost $2.79 ($2.99 after tax), slightly cheaper than Starbucks. One caveats (as I understand), not many McDonald stores offer those espresso at this time, the new ones offering
Reading Time: 2 minutes Crocs (CROX) lowered its Q1 number yesterday. I sold all my CROX shares a while back after its Q4 earning announcement, because I thought the fundamental is still bad, not to mention the potential cash flow problem I talked earlier. Since I am talking about the financial media lately, I think one really does not
Reading Time: 2 minutes With the growth of web and blogging, there are more and more financial resouces we can turn to: we are not limited to the good old newspaper for stock prices, volume anymore. Don’t laugh at me, ten years ago I did precisely that in Shanghai. But the conveniece of data access does not come at
Reading Time: < 1 minute ICBC, Industrial and Commercial Bank of China, the largest bank in China (and arguably in the world), announced its year 2007 results recently. Here is the webcast (good stuff). And quote the Reuters news: ICBC earned 81.52 billion yuan ($11.56 billion) in net profit in 2007, compared with 49.3 billion yuan in 2006, a 64.9%
Reading Time: 2 minutes Four years ago, I had the opportunity to witness the Olympics torch relay here in St. Louis. The city was chosen because it hosted the year 1904 Olympics here, the first Olympics in the US. (The torch bearer was an old Olympian)
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