A hedge fund manager who owns just shy of 10% of Target’s shares is asking the nation’s #2 discounter to consider a plan to …
Archive for October, 2008
Oil prices are way down. The boom has bust (for now).
by Stuart Hampton, October 29, 2008, 7:00 amFeast or famine — boom or bust as oil workers call it — is the way of the world for the oil industry.
Only a few months ago (in July) the price of crude oil was pushing $150 a barrel and Cassandras like “this is one …
Sun Microsystems: Catastrophe or disaster?
by Jeff Dorsch, October 28, 2008, 3:23 pmThe Sun also rises? Nah, too Hemingwayesque. The Sun will come out tomorrow? Dang, now that song from Annie will be in my head for days. Here comes the Sun? This isn’t about solar power. Shoot, I need a good lede!
Let’s …
Despite successes, Merck’s Gardasil HPV/cervical cancer vaccine faces ongoing skepticism
by Anne Law, October 27, 2008, 7:00 amThe Centers for Disease Control (CDC) reported earlier this month that about 25% of teenage girls in the US have received at least one dose of Merck’s Gardasil vaccine, which is considered …
Your scorecard of third-quarter bank earnings (or lack thereof)
by Ryan Caione, October 23, 2008, 7:00 amThe UK and Australia are on the brink of recession. In the US, 27 states are already there. You know it’s bad when superbillionaire Carl Icahn puts …
JAMA stands up to drug companies over patients’ right to sue
by Kristi Park, October 22, 2008, 7:00 amFirst the Bush administration gave us the doctrine of preemptive war. Now they want to give us the legal precedent of preemption. But they’re going to have to shout down the Journal of the American Medical Association before they can get their way.
Preemption …
Closing up shop at Mervyn’s and Linens ‘n Things
by Alexandra Biesada, October 21, 2008, 7:00 amAfter nearly 60 years, the clock is running out on retailer Mervyn’s. The mid-tier department store operator, which filed for bankruptcy protection in July, is expected to announce as early as Friday that it plans to …
Feds step up mortgage fraud investigations
by Patrice Sarath, October 20, 2008, 7:00 amThe Department of Justice is investigating 151 mortgage fraud cases according to research from Transactional Records Access Clearinghouse at Syracuse University. If this seems a paltry number, well it is. It’s hard to believe that there have been so few cases …
