Archive for the 'Cash Daily : The Days Top Financial Stories' Category
Tuesday, August 1st, 2006
I don’t know how you feel about paying fees for using or belonging to a credit card club, I don’t like it. American Express is raising its fees anywhere from $35 - $125 per annum. This could get ugly for those elite, upper class Platinum card holders. AmEx is also revising their rewards program and points […]
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Monday, July 31st, 2006
Are you a student faced with big tuition fees and don’t know how your going to come up with the money ? Try this summer job, it worked for Kate Muddiman. She will probably make more money this summer than most people will make the entire year, that’s right the whole year ! As well […]
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Friday, July 28th, 2006
It used to be that as Canadians, (yes we are cannuks here at Cash Intellect) could get a sweet and juicy contract with a U.S. company and not only get paid in U.S. dollars, but also expect a little bonus when the exchange rate was implemented. Well my friends, that time is ending, as the […]
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Thursday, July 27th, 2006
The well known software company, Kazaa, which allowed millions of users to download questionably sourced music and movies has agreed to pay more than $115 million restitution to the entertainment industry. I’m not in favour of this result. Again, here is a company that has been creative enough to invent a software program for consumers […]
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Thursday, July 27th, 2006
While you and I are trudging along trying to make ends meet in a brutally over priced gas world, I’m pleased to report that Exxon Mobil , the worlds largest oil company, has posted huge profits over $10 billion for Q2. I’m sure that makes you feel good, as I do. The oil companies continue […]
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Wednesday, July 26th, 2006
Amazon took a dramatic Q2 hit as operating income declined from $104 million in Q2 2005 to $47 million this quarter in 2006 . I guess the marketing strategy of offered free shipping and lower prices in response to heightened competition didn’t do it for Amazon. They better come up with another strategy fast, as […]
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Wednesday, July 26th, 2006
XM Satellite Radio has produced a 3 year plummeting share price with 60% loss so far this year, yikes !!!. Sirus Satellite Radio is licking it’s chops and could potentially look at an early takeover of XM. The competition has heated up between both radio services and it looks like a fight to the […]
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Tuesday, July 25th, 2006
The largest telecommunications company, AT & T, posts a soaring Q2 profit of 81%. If your looking for a solid company to invest your money and you believe in the telco business, this is the one for you. The company remains in an acquisition mode and plans to buy BellSouth Corp. later this year. Strong growth in earnings […]
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Tuesday, July 25th, 2006
BetonSports has distanced itself from their CEO, David Carruthers, by firing him. David has been charged with racketeering, conspiracy and fraud in a 22-count indictment. The Feds are serious about illegal Internet gambling and have made both David and BetonSports part of their focus to send a strong message to the community. The Internet site […]
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Monday, July 24th, 2006
Advanced Micro Devices has purchased ATI Technologies for $5.4 billion. Not all financial anaylsts are in favour of this deal as is evident in the attached news piece. AMD’s rivel Intel, could be the winner in this deal as the competition heats up in the chip market.
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