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Marked down to 97% and still not a deal. In a clear sign of its dissatisfaction with the direction of the company, the board of J. C. Penney gave its chief executive, Ron Johnson, a pay cut of almost 97 percent, to $1.9 million, for 2012 and that’s still not a deal. The C.E.O. is [...]
Chrysler announced its vehicle sales in March were the best since December 2007. Chrysler, a unit of Italian automaker Fiat SpA, said March sales totaled 171,606 vehicles, up 5 percent a year earlier. The Fiat, Dodge and Ram Truck brands all posted increases. Ram Truck sales rose 24 percent in March, reflecting strong demand for [...]
So Gold came out at $600 an oz. today. April Fools. Yes, today is April fool’s day. But, what will you do if that price becomes reality in a few years. Here another April fools “not”. Seeing ad’s all over like this: You can buy our 2 year high yielding CD at .85%; lock it [...]
So today is Good Friday and coming into the weekend I wanted to wish everyone a Happy Easter. Just don’t forget the real message about Easter. Easter is a Christian festival and holiday celebrating the resurrection of Jesus Christ on the third day after his crucifixion at Calvary as described in the New Testament. Let’s [...]
The S&P Case-Shiller index, which tracks prices across the 20 largest markets in the nation, posted the biggest year-over-year gain in prices since June 2006. Home prices continued their recovery, rising 8.1% in January from year-earlier levels. This marks the highest increase since the housing bubble burst. The report shows the recovery in home prices [...]
The Dow is trying to hit yet another record high and the S&P 500 attempting to edge closer to its highest ever today after negotiators reached a deal to keep Cyprus afloat with a financial bailout and avert the country’s possible exit from the euro zone. The deal between Cyprus and the heads of the [...]