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For a very long time, Yahoo Inc.’s (Nasdaq: YHOO, stock) revenue which depends heavily on online advertising has been more on stagnant mode, thanks to Google’s (Nasdaq: GOOG, stock) sudden assault via its Adsense secret weapon. Yahoo’s YPN, the equivalent to Adsense could only looks in dismay and was left to eat the dust from […]
... written on Jun 03 2007Bloomberg reported that and audit on Southern Bank reveals an overstated in 2005 assets by RM160 million (US$47 million) when the Chinese-based bank was forced to be sold to Bumiputra-Commerce Holdings Berhad (KLSE: COMMERZ, stock-code 1023). PricewaterhouseCoopers discovered “inappropriate accounting” for some transactions at Southern Bank for 2005, including how some derivatives were valued. Auditors […]
... written on Jun 01 2007Finally Malaysia premier Abdullah Badawi admitted Germany’s Volkswagen (FRA: VOW) wasn’t interested in Proton after France’s PSA Peugeot-Citroen (EPA: UG) asked the Malaysia’s loss-making to fly-kite earlier on. The state-run automaker yesterday reported a loss of 591.4 million ringgit ($174 million) for the 12 months ended March 31. During a press-conference, Badawi said “They have […]
... written on Jun 01 2007StockTube is bringing you yet another feature to this blog known as PodCasting. Now, just what the heck is Podcasting that seems to be the craze circling in the blogosphere? Podcasting is a relatively new way for information to travel from one place to another. Podcasting according to Wikipedia.com is; “the distribution of audio or […]
... written on Jun 01 2007If you have position in Google Inc. (Nasdaq: GOOG, stock) especially if you long on this stock, you should feel the excitement as me today. The stock broke the $ 500 per share resistance again with colorful trend. And as usual I took profit and run before it comes down again because the $500 level […]
... written on May 31 2007Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000), the cargo carrier whose shareholders include Malaysia’s richest man Robert Kuok may have overstated its consolidated revenues by US$157 million dollars (RM 530 million) over the past two years – such was the statement to the stock exchange when Transmile reported on interim findings made by Moores Rowland […]
... written on May 31 2007TIFFANY & CO (NYSE: TIF, stock) is set to announce its’ earning on Thursday, May-31-2007 before market open. The Company is engaged in product design, manufacturing and retailing activities. Tiffany offers a selection of TIFFANY & CO. brand jewelry at a range of prices. In addition to jewelry, the Company sells TIFFANY & CO. brand […]
... written on May 30 2007Robert Zoellick, a Goldman Sachs executive who has built contacts around the globe as President Bush’s trade chief and as the country’s No. 2 diplomat, is the White House’s choice to be the next World Bank president. AP reported that Bush was to announce the decision Wednesday, according to a senior administration official who spoke […]
... written on May 30 2007As expected, Lina Joy lost her final round of appeal when the Federal Court dismissed on Wednesday her appeal against a ruling that the National Registration Department was right not to allow her to remove the word “Islam” from her identity card. On Sept 19, 2005, the Court of Appeal decided that the NRD director-general […]
... written on May 30 2007Finally the unstoppable online search and advertising giant Google Inc. (Nasdaq: GOOG, stock) has been given the temporary road-block in the sense of an open preliminary antitrust investigation by the Federal Trade Commission into the former’s acquisition into the $3.1 billion acquisition of DoubleClick, a New York based company specializes in software for display advertising […]
... written on May 29 2007
