Here are some of the contenders for today's biggest...news...of...the...day...
- Disappointing news from Cell Genesys, Inc. (CEGE) that has the stock down 75%...
- Disappointing news from Amylin Pharmaceuticals, Inc. (AMLN) that has the stock down 13%...
- Earnings from Solarfun Power Holdings Co., Ltd. (SOLF)...l
- The move by Starbucks Corp (SBUX) to corner the market on a "one-cup-at-a-time brewing system..."
- A $100-million win for Mattel Inc (MAT)...
- Earnings from China Mobile Ltd (CHL)...
- Upbeat comments on Incyte Corp (INCY)...
- Earnings from PetroChina Co Ltd (PTR)...
- Data on mobile phone sales...
- An acquisition for Cisco Systems (CSCO)...
- Word of personal details being sold on eBay (EBAY)...
- The backlash against exchange-traded funds (ETF)...
- Skepticism on travel stocks...companies mentioned include Carnival Corp. (CCL), Royal Caribbean Cruises (RCL) and Starwood Hotels & Resorts (HOT)...
- Word of a Fidelity Investments/Goldman Sachs Group Inc (GS) probe...
- "Surprisingly strong" durable goods orders...
- A report that says the Federal Deposit Insurance Corp (FDIC) "might have to borrow money from the Treasury Department..."
While those are all stories worth watching, I think it is obviously clear that the biggest news is this trio of stories -
So...it seems that the "Miss Sister 2008 contest" discussed yesterday may have been an ill-conceived idea. Shocker...
And speaking of ill-conceived ideas, an automobile should sell for a premium because it has a lot of miles on it? What!?!?!
I know I tend to be cynical and mocking in these posts so I thought the last article was a nice heart-warming change of pace. It is good to share. (In no way am I implying that one way to prepare for the looming animal uprising is to suck up to a monkey in the hopes it will remember you when the animals rule...)
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