Picks For 17th Jan 07
After the 3-day break, the stocks didnt move either way as expected. Energy sector took a beating amid another sell-off in oil, where as Health Care and Transportation sector saw some upswing. Investors were worried that the recent rally in Technology sector may not live up to the earnings expectations that have been priced into [...]
State GDP = Country GDP
Fascinating stuff: This is an amazing map of the United States. Each state’s economic output is analogized to another country’s GDP Few of the notable countries missing are U.K., Japan, Germany, China, Italy and India. Did you like this? Share it:Tweet
Hugo Chávez: Nationalize Nationalize
Venezuelan President Hugo Chávez recently announced he would nationalize power utilities and the country’s biggest telecommunications firm CANTV (VNT). After the announcement the share prices of CANTV tanked from trading around $20/share to $12/share. He also mentioned that he plans to nationalize the entire energy sector indicating there are more targets for take-over. But he [...]