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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title>CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k)</title><link>http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/</guid><comments>http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/investing/" rel="tag">Investing</a></p><img vspace="4" hspace="4" border="1" align="right" alt="Christine Marcks" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/11/marcks200.jpg" />If you've checked the balance on your 401(k) lately, you're likely breathing a mini sign of relief as the Dow's bounce back above 10,000 helps replenish some losses suffered during the recession.<br />
<br />
But as stocks remain volatile and the recession hampers retirement planning for millions, we sought advice from Christine Marcks, CEO of Prudential Retirement, the retirement arm of financial services giant Prudential Financial.<br />
<br />
In our conversation, Marcks outlines a game plan for laid off workers and describes new tools available for today's pre-retirees. Despite what some published reports say, the 401(k) is still very relevant, Marcks adds.<p><a href="http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/" rel="bookmark">Continue reading <em>CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k)</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/">CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k)</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Sat, 21 Nov 2009 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19234905/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/11/21/ceos-corner-prudentials-christine-marcks-says-no-need-to-reti/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>401k</category><category>ceos corner</category><category>CeosCorner</category><category>Christine Marcks</category><category>ChristineMarcks</category><category>prudential</category><category>retirement</category><category>retirement planning</category><category>RetirementPlanning</category><category>stocks</category><dc:creator>Latif Lewis</dc:creator><pubDate>Sat, 21 Nov 2009 14:00:00 EST</pubDate></item><item><title>Buffett's Berkshire Hathaway buys Burlington Northern in $44 billion deal</title><link>http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/</guid><comments>http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/brk-a/" rel="tag">Berkshire Hathaway</a></p><img hspace="4" border="1" align="right" vspace="4" alt="warren buffett" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/03/buffett_186.jpg" />
<p>Warren Buffett's Berkshire Hathaway (<a href="http://finance.aol.com/quotes/berkshire-hathaway-inc-cl-a/brk.a/nys">BRK.A</a>) announces that it will buy the remaining stake that it does not already own in railroad giant Burlington Northern Santa Fe (<a href="http://finance.aol.com/quotes/burlington-northern-santa-fe-corporation/bni/nys">BNI</a>). The deal is valued at approximately $44 billion, including $10 billion of outstanding BNSF debt, making it the largest acquisition in Berkshire Hathaway's history. </p>
<p>"Our country's future prosperity depends on its having an efficient and well-maintained rail system," Buffett said in a press release. "Conversely, America must grow and prosper for railroads to do well. Berkshire's $34 billion investment in BNSF is a huge bet on that company, CEO Matt Rose and his team, and the railroad industry." <br /></p>
<p> </p>
<p><br /></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/">Buffett's Berkshire Hathaway buys Burlington Northern in $44 billion deal</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 03 Nov 2009 07:34:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19220408/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/11/03/buffetts-berkshire-hathaway-buys-burlington-northern/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>berkshire</category><category>buffett</category><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 03 Nov 2009 07:34:00 EST</pubDate></item><item><title>The Obama factor: First family's favorite things translate into big sales</title><link>http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/</guid><comments>http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/people/" rel="tag">People</a>, <a href="http://www.dailyfinance.com/category/chicos/" rel="tag">Chico's</a>, <a href="http://www.dailyfinance.com/category/j-crew/" rel="tag">J. Crew</a></p><span style="font-weight: bold;"><img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/10/rsz_1obama-factor-456cs101909.jpg" alt="" /></span><br /> America's voyeuristic love affair with the rich and famous: what they're wearing, what they're driving and where they play, certainly isn't a new phenomenon. And the obsession is hardly limited to Hollywood -- just look at the First Family. <br /> <br /> Since the early days of the campaign trail, the media has reported on plenty of intimate details about President Barack Obama, First Lady Michelle and daughters Sasha and Malia, that have fed the public's seemingly insatiable desire to learn more about<em> </em>the family. Not only have the Obama family's favorite things translated into media buzz, but for some companies they've translated into big, yet short-lived, bottom-line profits.
<p> </p><p><a href="http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/" rel="bookmark">Continue reading <em>The Obama factor: First family's favorite things translate into big sales</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/">The Obama factor: First family's favorite things translate into big sales</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 27 Oct 2009 06:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19199087/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/10/27/the-obama-factor-first-familys-favorite-things-translate-into/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 27 Oct 2009 06:00:00 EST</pubDate></item><item><title>Rosetta Stone embraces the social media explosion</title><link>http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/</guid><comments>http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/technology/" rel="tag">Technology</a></p><img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/08/work-home-200dr100107.jpg" />There's no denying the online craze for social media and communications. First there was MySpace, then Facebook, then Twitter among the many social-networking platforms. Recently, language software learning company Rosetta Stone (<a href="http://finance.aol.com/quotes/rosetta-stone-inc/rst/nys">RST</a>) quietly rolled out TOTALe (pronounced toe-tally) -- its latest offering with a social twist.<br /><br /> As CEO <a href="http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/">Tom Adams previewed to me in June</a>, the new tool adds two new features absent from the basic kit: Rosetta Studio and Rosetta World, which use VoIP technologies that allow users to practice the language of their choice with native speakers and Rosetta Stone conversation coaches. Users can also play games to enhance the learning experience in one of 24 languages.
<p> </p><p><a href="http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/" rel="bookmark">Continue reading <em>Rosetta Stone embraces the social media explosion</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/">Rosetta Stone embraces the social media explosion</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Mon, 10 Aug 2009 15:20:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19124284/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/08/10/rosetta-stone-goes-social-with-totale-says-its-almost-like/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>Rosetta Stone</category><category>RosettaStone</category><category>TotalE</category><dc:creator>Latif Lewis</dc:creator><pubDate>Mon, 10 Aug 2009 15:20:00 EST</pubDate></item><item><title>Naomi Sims, pioneering black model and businesswoman, dies at 61</title><link>http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/</guid><comments>http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/people/" rel="tag">People</a></p><img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/08/sims.jpg" />Striking a pose for <em>Ladies' Home Journal </em>in November 1968 catapulted <a href="http://www.nytimes.com/2009/08/04/fashion/04sims.html?_r=3&amp;adxnnl=1&amp;ref=obituaries&amp;adxnnlx=1249398073-PMhUr89/cHMPDjMCfxI8vA">Naomi Sims, a pioneering African American model</a>, to stardom and helped lay the groundwork for a fashion empire that lives on today. Sims, who will forever hold a spot in fashion history, died Saturday from cancer. She was 61 years old.<br /><br />Often referred to as the first black supermodel, Sims' breakthrough in the white-dominated fashion industry came during the Civil Rights era. Sims overcame great odds, spending her early years growing up in the segregated South and then in a series of foster homes after her mother became ill.<p><a href="http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/" rel="bookmark">Continue reading <em>Naomi Sims, pioneering black model and businesswoman, dies at 61</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/">Naomi Sims, pioneering black model and businesswoman, dies at 61</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 04 Aug 2009 15:40:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19118691/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/08/04/pioneering-black-model-and-businesswoman-naomi-sims-dies-at-61/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>Naomi Sims</category><category>NaomiSims</category><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 04 Aug 2009 15:40:00 EST</pubDate></item><item><title>Big brands that have taken their last bow in America</title><link>http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/</guid><comments>http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/economy/" rel="tag">Economy</a></p><img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/08/pontiac.jpg" alt="" />Sometimes it can be so hard to say goodbye. But the recession put a chokehold on some of our favorite brands, leaving them with no financial option except to disappear.<br /><br />Here's a snapshot of brands across all industries -- automotive, publishing, tech -- forced to fold recently, or at least announce their exits from the U.S. market.<p><a href="http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/" rel="bookmark">Continue reading <em>Big brands that have taken their last bow in America</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/">Big brands that have taken their last bow in America</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Sun, 02 Aug 2009 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19106899/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/08/02/big-brands-that-have-taken-their-last-bow-in-america/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Sun, 02 Aug 2009 14:00:00 EST</pubDate></item><item><title>CEO's Corner: Rosetta Stone's Tom Adams wants to change the world</title><link>http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/</guid><comments>http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/columns/" rel="tag">Columns</a></p><img hspace="4" border="1" align="right" vspace="4" alt="Tom Adams" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/06/adams.jpg" />It's been called one of the hottest IPOs of the year and revolves around language: 31 of them to be exact. From English to Spanish to Irish Gaelic to Arabic, language learning software company Rosetta Stone (<a href="http://finance.aol.com/quotes/rosetta-stone-inc/rst/nys">RST</a>) has you covered. And in a global economy, the company may just have a hit on its hands.
<p>In a recent analysis of the company's April IPO, <a href="http://www.bloggingstocks.com/2009/06/01/rosetta-stone-rst-will-ipo-translate-to-profits/">Bullmark.com analyst</a> Bill Martin said, "The desire, not to mention need, to learn other languages in a global economy means the company is looking at a potentially huge market." But Martin noted that the fact that "the company principally targets consumers represents the greatest risk to its business given consumer caution at present." <br /></p>
<p>Tom Adams, Rosetta Stone's multi-lingual chief executive met with DailyFinance to discuss the company's recent IPO, the toughest language he's ever learned, and an upcoming offering that will allow for peer-to-peer learning and interaction with a language coach.</p><p><a href="http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/" rel="bookmark">Continue reading <em>CEO's Corner: Rosetta Stone's Tom Adams wants to change the world</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/">CEO's Corner: Rosetta Stone's Tom Adams wants to change the world</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Wed, 17 Jun 2009 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19050881/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/06/17/ceos-corner-rosetta-stones-tom-adams-is-changing-the-world/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>ceos corner</category><category>CeosCorner</category><category>in focus</category><category>InFocus</category><category>Rosetta Stone</category><category>RosettaStone</category><category>RST</category><category>Tom Adams</category><category>TomAdams</category><dc:creator>Latif Lewis</dc:creator><pubDate>Wed, 17 Jun 2009 14:00:00 EST</pubDate></item><item><title>GM confirms talks to sell Hummer brand to Chinese firm</title><link>http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/</guid><comments>http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a></p><p><img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/06/hummerlogo1.gif" />A day after filing for bankruptcy protection, General Motors has announced a <a href="http://money.aol.com/article/general-motors-in-tentative-deal-to-sell/508474">preliminary deal to sell its Hummer brand</a> that is expected to save more than 3,000 U.S. jobs. <br /></p>
<p>After several hours of mystery concerning who might buy the iconic brand, GM confirmed late Tuesday that it is in advanced talks to sell it to China's Sichuan Tengzhong Heavy Industrial Machinery Company. Terms of the deal are still being negotiated, but GM expects to close the sale by year's end.</p>
<p>"I'm confident that Hummer will thrive globally under its new ownership," said Troy Clarke, President of GM North America. "And for GM, this sale continues to accelerate the reinvention of GM into a leaner, more focused, and more cost-competitive automaker."</p>
<p><br /></p><p><a href="http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/" rel="bookmark">Continue reading <em>GM confirms talks to sell Hummer brand to Chinese firm</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/">GM confirms talks to sell Hummer brand to Chinese firm</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 02 Jun 2009 08:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href=http://money.aol.com/article/general-motors-in-tentative-deal-to-sell/508474>Read</a> | <a href="http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19054707/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/06/02/gm-in-mystery-deal-to-sell-gas-guzzling-hummer-brand/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>GM</category><category>hummer</category><category>in focus</category><category>InFocus</category><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 02 Jun 2009 08:00:00 EST</pubDate></item><item><title>Oprah's magic touch can make or break your business</title><link>http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/</guid><comments>http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/people/" rel="tag">People</a>, <a href="http://www.dailyfinance.com/category/media/" rel="tag">Media</a></p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/05/oprahrich_pf_200_030905.jpg" alt="" />It was about four years ago that I took a midday stroll to hip-hop mogul Jay Z's 40/40 club in Manhattan for a press conference. There it was announced that a then-relatively unknown beauty and skin-care line, <a href="http://www.carolsdaughter.com/">Carol's Daughter</a>, was teaming up with a few bigshots, including Jada Pinkett Smith and husband Will.<br /><br />Among the samples distributed to attendees, I discovered the Brooklyn-based company's Jamaican Punch body scrub, an aromatic and moisturizing sea salt scrub that pleases the senses. According to the product label, it contains a blend of oils, Brazilian orange, Fiji apple, exotic ylang-ylang, spicy canella bark, nutmeg and tropical sugar cane. Can't you just smell it already? <br /><br />But those Carol's Daughter products once had a promotion far more valuable than a Manhattan press conference: an appearance on <span style="font-style: italic;">The Oprah Winfrey Show</span>. On Thursday night, CNBC aired a special, <span style="font-style: italic;">The Oprah Effect</span>, illustrating just how influential the media mogul can be on product sales.<p><a href="http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/" rel="bookmark">Continue reading <em>Oprah's magic touch can make or break your business</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/">Oprah's magic touch can make or break your business</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Fri, 29 May 2009 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/19050882/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/29/oprahs-magic-touch-can-make-or-break-your-business-mc-ready/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>amazon kindle</category><category>AmazonKindle</category><category>jada pinkett smith</category><category>JadaPinkettSmith</category><category>jeff bezos</category><category>JeffBezos</category><category>KFC</category><category>Oprah</category><category>oprah winfrey</category><category>OprahWinfrey</category><dc:creator>Latif Lewis</dc:creator><pubDate>Fri, 29 May 2009 14:00:00 EST</pubDate></item><item><title>Even in a recession, some businesses rake in the cash</title><link>http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/</guid><comments>http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/#comments</comments><description><![CDATA[<img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/05/bpe0033_tr.jpg" alt="" />Believe it or not, the down economy has been a boon for some businesses and professionals, even as others lose everything. Every time a business crashes, someone is there to help clean it up. And the fear that a recession produces can offer rich profits for those standing by, waiting to take advantage of the situation.<br /><br />Some of the top beneficiaries of the recession include:
<ul>
    <li>Foreclosure 'Trash Out' Companies</li>
</ul>
<ul>
    <li>Liquidators</li>
</ul>
<ul>
    <li>Bankruptcy Lawyers</li>
</ul>
<ul>
    <li>Repo Men</li>
</ul><p><a href="http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/" rel="bookmark">Continue reading <em>Even in a recession, some businesses rake in the cash</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/">Even in a recession, some businesses rake in the cash</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Sat, 23 May 2009 15:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1553925/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/23/even-in-a-recession-some-businesses-rake-in-the-cash/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Sat, 23 May 2009 15:00:00 EST</pubDate></item><item><title>Xerox welcomes Ursula Burns, first black female CEO of Fortune 500 company </title><link>http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/</guid><comments>http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/people/" rel="tag">People</a></p><img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/05/ursulaburns.jpg" alt="" />Changes in the corner office come a dime a dozen, especially during this time of economic turmoil, but there is one on the horizon that is a testament to how far our nation has come since the Civil Rights and Women's Rights movements.<br /><br />On Thursday, Anne Mulcahy, who earlier this decade spearheaded a multibillion-dollar turnaround at Xerox (<a href="http://finance.aol.com/quotes/xerox-corporation/xrx/nys">XRX</a>), announced that she would retire but would remain chairman of the board. Filling Mulcahy's spot is Ursula Burns, a Xerox veteran, who may soon become a household name.<p><a href="http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/" rel="bookmark">Continue reading <em>Xerox welcomes Ursula Burns, first black female CEO of Fortune 500 company </em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/">Xerox welcomes Ursula Burns, first black female CEO of Fortune 500 company </a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Fri, 22 May 2009 09:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1553732/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/22/xerox-welcomes-ursula-burns-first-black-female-ceo-of-fortune-5/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>African-American CEO</category><category>African-americanCeo</category><category>in focus</category><category>InFocus</category><category>Ursula Burns</category><category>UrsulaBurns</category><category>xerox</category><dc:creator>Latif Lewis</dc:creator><pubDate>Fri, 22 May 2009 09:30:00 EST</pubDate></item><item><title>They Profit From Your Pain</title><link>http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/</guid><comments>http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/#comments</comments><description><![CDATA[<!-- START SWF PUBLISHER -->
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<!-- END SWF PUBLISHER --><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/">They Profit From Your Pain</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Thu, 07 May 2009 06:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1538201/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/07/they-profit-from-your-pain/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>dffeature</category><dc:creator>Latif Lewis</dc:creator><pubDate>Thu, 07 May 2009 06:00:00 EST</pubDate></item><item><title>Garmin shares hit road block after wide earnings miss</title><link>http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/</guid><comments>http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/earnings/" rel="tag">Earnings</a></p><img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/05/rsz_garmin-nuvi-750.jpg" alt="" />Shares of navigation device maker Garmin (<a href="http://finance.aol.com/quotes/garmin-ltd/grmn/nas">GRMN</a>) dropped about 15 percent after the company's first-quarter results widely missed earnings expectations.<br /><br />The company said net earnings fell 67 percent to $48.5 million, or 24 cents per share. Excluding times, Garmin's earnings totaled 25 cents per share. Sales fell 34 percent to $437 million. Analysts polled by Thomson Reuters expected a profit of 42 cents per share on revenue of $531.6 million.<p><a href="http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/" rel="bookmark">Continue reading <em>Garmin shares hit road block after wide earnings miss</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/">Garmin shares hit road block after wide earnings miss</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Wed, 06 May 2009 11:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1538118/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/06/garmin-shares-hit-road-block-after-wide-earnings-miss/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>earnings</category><category>Garmin</category><category>GPS</category><category>GRMN</category><dc:creator>Latif Lewis</dc:creator><pubDate>Wed, 06 May 2009 11:00:00 EST</pubDate></item><item><title>The big takeover: A play-by-play on bank seizures</title><link>http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/</guid><comments>http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/columns/" rel="tag">Columns</a></p><img hspace="4" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/03/bank-200a052506.jpg" />Lately, it seems that as each week comes to a close, we hear about yet another bank failure. Thirty two <a href="http://www.fdic.gov/">banks have failed</a> so far this year, already surpassing the total tally for 2008's bank failures. And there doesn't seem to be a slowdown in sight. Earlier this year, the Federal Deposit Insurance Corporation said that the number of <span id=":1e4" dir="ltr">U.S. banks on its "Problem List" <a href="http://www.fdic.gov/news/news/press/2009/pr09027.html">jumped by nearly 50 percent</a> to 252 in the fourth quarter of 2008.<br /><br />So how is it determined that a bank can no longer function?<br /><br /><a href="http://www.fdic.gov/bank/historical/managing/history1-02.pdf">The FDIC</a> says that a chartering authority -- which can include individual state banking departments, the Office of the Comptroller of the Currency, or the Office of Thrift Supervision -- closes the struggling bank and will appoint the FDIC as the receiver.</span><p><a href="http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/" rel="bookmark">Continue reading <em>The big takeover: A play-by-play on bank seizures</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/">The big takeover: A play-by-play on bank seizures</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Fri, 01 May 2009 09:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1529781/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/05/01/the-big-takeover-a-play-by-play-on-bank-seizures/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>bank closure</category><category>BankClosure</category><category>fdic</category><category>in focus</category><category>InFocus</category><category>troubled banks</category><category>TroubledBanks</category><dc:creator>Latif Lewis</dc:creator><pubDate>Fri, 01 May 2009 09:30:00 EST</pubDate></item><item><title>Chrysler's Nardelli ends another stormy reign</title><link>http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/</guid><comments>http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/#comments</comments><description><![CDATA[<img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/nardelli.jpg" />It was just two years ago that Bob Nardelli stepped down (or was pushed out) as the CEO of Home Depot (<a href="http://finance.aol.com/quotes/the-home-depot-inc/hd/nys">HD</a>). Now, as <a href="http://%20http//www.dailyfinance.com/2009/04/30/hedge-fund-honchos-slash-us-auto-industrys-throat/">Chrysler files for Chapter 11 bankruptcy</a> protection, it's almost time for him to say goodbye once again from the company he's led since August 2007.<br /><br />I'll cut him some slack for the Chrysler situation though. First, Nardelli signed on to help a company that was already in a downward spiral. Second, he is saying that he was not asked to step down, but decided that he thought it would be appropriate to go once the struggling automaker emerges from bankruptcy protection. Third, Nardelli was was able to steer the company into a partnership deal with Fiat -- a key part of its restructuring plan.<p><a href="http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/" rel="bookmark">Continue reading <em>Chrysler's Nardelli ends another stormy reign</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/">Chrysler's Nardelli ends another stormy reign</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Thu, 30 Apr 2009 16:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1533364/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/30/chryslers-nardelli-really-hates-rejection/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Thu, 30 Apr 2009 16:45:00 EST</pubDate></item><item><title>Microsoft, Verizon reportedly in talks to develop iPhone rival</title><link>http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/</guid><comments>http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/technology/" rel="tag">Technology</a></p><img hspace="4" border="1" align="right" vspace="4" alt="" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/msft.jpg" />Software giant Microsoft (<a href="http://finance.aol.com/quotes/microsoft-corporation/msft/nas">MSFT</a>) is in talks with Verizon (<a href="http://finance.aol.com/quotes/verizon-communications-inc/vz/nys">VZ</a>) to develop a rival to Apple's popular iPhone, <a href="http://online.wsj.com/article/SB124093915558664239.html#mod=testMod">the Wall Street Journal is reporting</a>.<br /><br />It's no wonder that rivals are looking to chase some of the iPhone's market share. Consumers can't get enough of the gadget, even during the recession. In its latest earnings report, Apple said that it sold 1.6 million of the handheld devices during the first three months of 2009.<p><a href="http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/" rel="bookmark">Continue reading <em>Microsoft, Verizon reportedly in talks to develop iPhone rival</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/">Microsoft, Verizon reportedly in talks to develop iPhone rival</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 28 Apr 2009 18:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1531037/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/28/microsoft-verizon-reportedly-in-talks-to-develop-iphone-rival/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>aapl</category><category>iphone</category><category>msft</category><category>vz</category><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 28 Apr 2009 18:30:00 EST</pubDate></item><item><title>Sun Microsystems' profit report offers glimpse of what's in store for Oracle</title><link>http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/</guid><comments>http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/earnings/" rel="tag">Earnings</a></p><img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/sun_sign.jpg" alt="" />Sun Microsystems (<a href="http://finance.aol.com/quotes/sun-microsystems-inc/java/nas">JAVA</a>), the company that invented the Java programming language, reported what could be one of its last earnings reports as an independent company Tuesday. Earlier this month, after deal talks collapsed with IBM, Sun agreed to be acquired by information technology company Oracle (<a href="http://finance.aol.com/quotes/oracle-corporation/orcl/nas">ORCL</a>) in a deal valued at $7.4 billion.<br /><br />The struggling server and software maker reported a net loss of $201 million, or 27 cents per share for the <a href="http://www.sun.com/aboutsun/investor/earnings_releases/pr/fy09q3/index.html">fiscal third quarter</a>, while revenue fell to $2.61 billion. Analysts polled by Thomson Reuters forecast that Sun would lose 18 cents per share on $2.87 billion in sales.<p><a href="http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/" rel="bookmark">Continue reading <em>Sun Microsystems' profit report offers glimpse of what's in store for Oracle</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/">Sun Microsystems' profit report offers glimpse of what's in store for Oracle</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Tue, 28 Apr 2009 16:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1530923/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/28/sun-microsystems-profit-report-offers-glimpse-of-whats-in-stor/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>JAVA</category><category>Oracle</category><category>ORCL</category><category>sun microsystems</category><category>SunMicrosystems</category><dc:creator>Latif Lewis</dc:creator><pubDate>Tue, 28 Apr 2009 16:45:00 EST</pubDate></item><item><title>GM to shed storied Pontiac brand</title><link>http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/</guid><comments>http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/#comments</comments><description><![CDATA[<!-- START SWF PUBLISHER -->
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<!-- END SWF PUBLISHER --><p><a href="http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/" rel="bookmark">Continue reading <em>GM to shed storied Pontiac brand</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/">GM to shed storied Pontiac brand</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Fri, 24 Apr 2009 16:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1527631/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/24/gm-prepares-to-shed-pontiac-brand/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Fri, 24 Apr 2009 16:45:00 EST</pubDate></item><item><title>Netflix beats estimates, but faces increased competition</title><link>http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/</guid><comments>http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/#comments</comments><description><![CDATA[<img hspace="4" border="1" align="right" vspace="4" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/netflix.jpg" alt="" /> With less money to spare for entertainment these days, many people are looking for low-cost ways to smile during hard times. What better way than to kick back in the comfort of your own home with some popcorn, cuddle up and view the latest DVD releases?<br /><br /> That's exactly what happened with online movie rental company Netflix (<a href="http://finance.aol.com/quotes/netflix-inc/nflx/nas">NFLX</a>). And millions are joining in on the fun. The company has a whopping 10.3 million subscribers and its stock has shot up 50 percent this year already. After the closing bell Thursday, <a href="http://netflix.mediaroom.com/index.php?s=43&amp;item=313">Netflix reported a first-quarter profit </a>of 37 cents a share and revenue of $394.1 million, both beating expectations. Analysts polled by Thomson Reuters expected it to earn 31 cents per share on revenue of $391 million.<p><a href="http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/" rel="bookmark">Continue reading <em>Netflix beats estimates, but faces increased competition</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/">Netflix beats estimates, but faces increased competition</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Thu, 23 Apr 2009 17:15:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1526338/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/23/netflix-beats-estimates-but-faces-increased-competition/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><dc:creator>Latif Lewis</dc:creator><pubDate>Thu, 23 Apr 2009 17:15:00 EST</pubDate></item><item><title>CEO's Corner: Overstock's Byrne on sales, short selling and his bailout contest</title><link>http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/</link><guid isPermaLink="true">http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/</guid><comments>http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.dailyfinance.com/category/company-news/" rel="tag">Company News</a>, <a href="http://www.dailyfinance.com/category/people/" rel="tag">People</a></p><p><img hspace="4" border="1" align="right" vspace="4" alt="Patrick Byrne" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/byrne200.jpg" />Online retailer Overstock.com (<a href="http://finance.aol.com/quotes/overstock-com-inc-del/ostk/nas">OSTK</a>) reported an eight percent decline in revenue and a <a href="http://sev.prnewswire.com/retail/20090422/LA0335622042009-1.html">20.1 percent increase in gross margins</a> for the first quarter Wednesday, amid a challenging time for retailers.</p>
<p>Last week, I talked with the company's controversial CEO, Patrick Byrne, about the current environment for e-tailers, its monthly $10,000 bailout contest, and an issue near and dear to his heart: naked short selling. Some have called him crazy for targeting journalists and hedge funds for their alleged role in the illegal stock manipulation practice, but he continues to point fingers and says he has proof.</p><p><a href="http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/" rel="bookmark">Continue reading <em>CEO's Corner: Overstock's Byrne on sales, short selling and his bailout contest</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/">CEO's Corner: Overstock's Byrne on sales, short selling and his bailout contest</a> originally appeared on <a href="http://www.dailyfinance.com">DailyFinance</a> on Thu, 23 Apr 2009 15:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><p><a href="http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.dailyfinance.com/forward/1525134/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.dailyfinance.com/2009/04/23/ceos-corner-overstocks-byrne-on-sales-short-selling-and-his/#comments" title="View reader comments on this entry">Comments</a></p>]]></description><category>bailout contest</category><category>ceos corner</category><category>CeosCorner</category><category>Deep Capture</category><category>naked short selling</category><category>online retail</category><category>OSTK</category><category>Overstock.com</category><category>Patrick Byrne</category><dc:creator>Latif Lewis</dc:creator><pubDate>Thu, 23 Apr 2009 15:30:00 EST</pubDate></item></channel></rss>