Filed under: Bad newsIt's always a tragedy when a young person dies in a way that could have been avoided. A 21-year-old woman was killed when she was hit by a roller coaster at Legoland in Denmark over the weekend. Apparently the woman, a Legoland employee, had jumped over a security fence to pick up a wallet dropped by a customer. She was hit by the roller coaster and killed instantly, according to news reports.One would think the ride operators would first shut down the ride before venturing onto the tracks to retrieve anything. That would seem to be standard safety common sense. Of course, 21-year-olds are known for their immortality, real or imagined, as well as for their impatience. Maybe she couldn't wait for them to shut ...
April, 2007
Related Stocks: ERES Ant & Sons submits: eResearch Technology Inc. (ERES) is a provider of cardiac safety services that evaluate the safety of new drugs. Their revenue consists of license sales, cardiac safety services and fees from consulting and cardiac safety equipment rentals. The company's earnings and revenue have suffered over the past year as a result of a new regulatory environment and the addition of competitors. Complete Story »
Related Stocks: BPO FP Trading Desk submits: Brookfield Properties Corp. (BPO) is looking pretty cheap these days, according to analysts. With the company’s share price down almost 20% since peaking in February it could be a buying opportunity. Complete Story »
Related Stocks: BKC FP Trading Desk submits: While third quarter earnings at Burger King Holdings Inc. (BKC) were roughly in line with analyst expectations, higher same-store sales in Canada and the U.S., as well as management’s upbeat tone when discussing new products, could lead to continued sales momentum, Goldman Sachs analyst Steven Kron said in a note to clients. Complete Story »
Related Stocks: VZ Complete Story »
NEW YORK—CS STARS L.L.C. has settled with the New York attorney general’s office over alleged failure to comply with the state’s security breach notification law. According to the attorney general’s office, the case arose on May 9, 2006, when an employee of the Marsh Inc. affiliate noticed that a...
ALBANY, N.Y.—Legislation signed into law by Gov. Eliot Spitzer extends through the end of next year a 1996 New York law that adds hundreds of million of dollars to employers’ health care bills. That law, which was to expire on June 30, imposes an 8.95% surcharge on bills incurred in hospitals in...
Filed under: Economic dataInvestment sentiment towards the U.S. dollar appears to be changing. Why? Not because of the many economic and political reasons often cited such as the huge U.S. trade and budget deficits improving, plans for getting out of the Iraqi quagmire, or the prospects for political change. But more importantly, the Euro and the British pound have simply gotten too strong versus the dollar.Today you need many more dollars to buy a pound, the same is true for the euro. While many had questioned the ability for the euro to be a sustainable and viable currency, after a dubious start, the euro has performed quite well.The simple fact of the matter is that currency valuation is often determined more by the-trend-is-your-friend mentality than a currency's underlying ...
Filed under: Forecasts, Products and services, Management, Bargain stocksThe answer is a definite yes for the Babson College team of undergraduate investment researchers that won the CFA Institute's Global Investment Research Challenge in New York on April 26th. The competition pitted teams against each other based on the quality of their securities analysis. And the Babson team won by defending its buy rating on Analog Devices Inc. (NASDAQ: ADI).Having won the New England Regional competition earlier in April, they were invited to compete against the winners of the New York, Texas, and Hong Kong competitions. In addition to accolades and a certificate, the victory brings a $10,000 cash award to Babson College from the CFA Institute, and the students will ring the opening bell at the New York ...
Related Stocks: VZ William Trent submits: Verizon Communications (VZ) reported earnings:Verizon Communications Inc. today reported strong, profitable first-quarter 2007 revenue growth, supported by industry-leading retail customer growth at Verizon Wireless and strong sales of broadband services, including video. Verizon reported first-quarter 2007 earnings of $1.5 billion, or 51 cents in fully diluted earnings per share . This compares with EPS of 56 cents in the first quarter 2006 - which includes operations that Verizon has since divested. Complete Story »
