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Porsche To Take Over Volkswagen ?

Latest breaking financial news from AFP reported that Porsche could eventually launch a full takeover bid for Europe's biggest car maker Volkswagen (VW). VW saw the departure of its chief executive, Bernd Pischetsrieder, though his contract only ended 2012.Porsche said it had increased its stake in [...]

Peugeot's Turn To Bid Proton

According to business news from Reuters which picked-up a report from Business Times, France's PSA Peugeot Citroen is expected to present its bid for Malaysian carmaker Proton Holdings next week.It was reported that Peugeot executives would brief senior officials from the finance ministry, Proton an [...]

Casino Royale – SANDS, WYNN, MGM's Bet

We have Daniel Craig, the new 007 agent in the latest James Bond movie. Somehow our immortal agent can't escape from casino scenes in most of the past movies. Together with hot-babes, the new James Bond is set to save the world again. Guess the image of casino represent status and wealth.Casino stoc [...]

Lingui 1Q Profit Jumps To RM 86 Million

Latest financial news from EdgeDaily indicated Lingui Developments Bhd (stockcode 2011) has posted a massive jump in its net profit to RM 86.14 million for the first quarter ended Sept 30, 2006 from the RM4.56 million a year ago, mainly due to the strong improvement in timber prices and conducive we [...]

Interest Rate Remains Until 2008 ?

Economists think it's looking more and more likely that the Federal Reserve will hold interest rates steady for quite a while, maybe through all of next year."I think the Fed being on hold through 2007 is an entirely plausible scenario," said Chris Probyn, chief economist with State Street Global Ad [...]

Banks Allowed To Talk To Multiple Parties

According to latest news from Business Times, banks can now negotiate potential mergers and acquisitions with multiple parties at the same time. Bank Negara said parties intending to enter into negotiation for the acquisition or disposal of 5 per cent or more of financial institutions can submit the [...]

Mortal Kombat – SHANDA vs NETEASE

In order to reach the world's biggest online gaming market, Chinese players Shanda Interactive Entertainment (NASDAQ : SNDA) and Netease (NASDAQ : NTES) are battling it out over fee-based and free systems.Tiangiao Chen, chairman of Shanda and William Ding, CEO of Netease.com are both self-made Chine [...]

Stocks Surge on Fed Comments

Latest financial news from AP indicated Wall Street barreled higher Tuesday, with the Dow Jones industrials surging further into record territory after a Federal Reserve official indicated the Fed will maintain its policy of stable interest rates.The Dow rose 86.13, or 0.71 percent, to close at 12,2 [...]

Making Money Investing GOOGLE Again

Another of my favorite stocks, Google (NASDAQ : GOOG) was triggered and sold minutes ago (just after my Apple was sold earlier today ) making some money after 14 days of investing. FinanceTwitter noticed that Google was trading within the range of $475 & $480 after it announced it's earning. Whe [...]

Apple Stock Performs – Time To Take Profit

I'm glad that one of my favorite, Apple (NASDAQ : AAPL) makes me money. Just sold the position which I entered on 23-Oct-2006 after it's earning announcement 2 days earlier. As it moved higher than the high of the gap-up, I took position. Apple gap-up a little bit today after Newswire financial news [...]


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