News You Can Use»
Texas Retirement System of Texas Fiasco (0)
Many of you may have missed the Monday issue of Dallas Morning News where the paper noted that the Texas Retirement fund lost $99 million in a Las Vegas casino. The casino called Station Casinos is owned by the famed Fertittas brothers who also own the UFC Ultimate Fighting Championship franchise. Two of the Fertitta ...
Stock Review»
ZYNGA $ZNGA Off 25% from IPO Price; Lions Gate Ent. $LGF 30% off High (0)
ZNGA -What a disappointment so far. The notable online social game maker has slumped since its IPO in December. The top five games on FaceBook are Zynga titles: City-Ville, CastleVille, Farm Ville, Zynga Poker and Words with Friends. My initial impression was that since it was responsible for 15% of FaceBook’s revenue in the first ...
Wirehouse News»
Goldman Sachs Still Bullish on Gold and Crude (0)
Goldman still expects gold to advance to $1840 in the next six months as we approach a third round of stimulus in June. Other reasons include the risk of sovereign default, currency debasement as I ‘ve also previously mentioned in my blogs. Despite the highest U.S. oil production in nine years, Goldman predicts the price ...