Hugh Pym considers the implications of its current crisis for Britain and the rest of Europe.
Original post: VIDEO: Cyprus crisis: Impact on Britain
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Hugh Pym considers the implications of its current crisis for Britain and the rest of Europe.
Original post: VIDEO: Cyprus crisis: Impact on Britain
Category : Business
Another veteran VC considers raising a micro-fund.
See original here: Is Ullas Naik prepping his own fund?
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San Francisco orders nudists to put their pants on
San Jose Mercury News SAN FRANCISCO — Never before have so few fought for the right of so many to wear so little. Well, it wasn't exactly like Churchill and the Battle of Britain, but the handful of activists opposing a nudity ban in what's arguably the nation's most liberal and libertine … San Francisco Bans Most Public Nudity San Francisco considers public nudity ban — with exceptions San Fran's Public Nudity Ban Passes, Faces Uncertain Future Category : World News Now that Verizon has joined AT&T and Dish Network in giving TiVo (TIVO) a hefty patent payoff, the odds of the company’s remaining legal adversaries – set-top box giants Motorola Mobility and Cisco, along with Time Warner Cable – winning favorable rulings are pretty slim, argues Janney’s Tony Wible. Wible considers the settlement odds for these cases to be lower due to their higher stakes (a combined 2B), but thinks TiVo’s IP could make it an M&A target. Category : Business Tax officials have published a gallery of photographs of the people it considers to be the most wanted UK tax fugitives. Continued here: Gallery of tax fugitives revealed Category : World News Prime Minister David Cameron announces a parliamentary inquiry into banking, as the Serious Fraud Office considers criminal prosecutions over rate-fixing. View original post here: Rate-rigging prompts bank inquiry Category : Business Prime Minister David Cameron announces a parliamentary inquiry into banking, as the Serious Fraud Office considers criminal prosecutions over rate-fixing. More here: Rate-rigging prompts bank inquiry NEW YORK (TheStreet) – Angry emails continue to pour in from readers who wish to voice their “dislike” in reference to my recent bearish articles on Facebook which is due to commence trading for the first time on Friday with an estimated price range of $34 to $38 as part of its highly anticipated IPO. Facebook estimates that it will generate approximately $6.4 billion from its offering — essentially reaching a market cap as high $110 billion. As remarkable as this accomplishment may be, it looks grossly perverse when one considers that upon its IPO it will immediately surpass the value of technology bellwethers in Cisco and Amazon — two companies with proven effective businesses that generate plenty of money. … Click to view a price quote on FB. See original here: Google Could ‘MySpace’ Facebook Category : World News Comparing the Fed’s ZIRP and QE to a diet of jelly donuts (one = awesome, a steady diet = hospitalization), David Einhorn tells a Grant’s conference central bank policy is suppressing what he considers to be cheap stock values. Hugely disapproving of current monetary and fiscal policy, Jim Grant explains why he’s also hopeful. Wide-ranging interview here. Category : Stocks Macquarie’s Brad Zelnick is cutting IBM (IBM -3.2%) to Neutral in the wake of its Q1 report, though he’s also boosting his PT to $215 and calling the downgrade valuation-related (IBM’s consensus 2012 P/E of 14.4 is above its peer group’s 12.7). Zelnick considers Oracle (ORCL -0.3%) a better enterprise IT play, and expects the company’s May quarter results to reflect seasonal strength. (more on IBM) |