Archive for February 7th, 2012
LOS ANGELES, Feb 7 (TheWrap.com) – Junie Hoang, the actress suing the Internet Movie Database (IMDB) for revealing her age, will see her day — and perhaps two days — in court next year. Court papers filed in U.S. District Court in Seattle on Monday have set a January 7, 2013 court date for the trial.
COMMENTARY | Say what you will about the relative merits of Android smartphones vs. the iPhone, but the Android mascot wins against the iPhone’s hands-down.
Image via Wikipedia Specialty retailer Gap Inc.’s stock gained roughly 11% last Thursday after the disclosure of January same-store sales results.  Though Gap reported a January sales decline of 1% and a comp sales decline of 4% compared to previous year, Gap’s earnings guidance for Q4 of $0.41–$0.42 was well above market consensus of $0.35. For the complete quarter, Gap reported a decline of 1% in net sales and a decline of 4% in its comps, slightly better than its Q3 results of 2% decline in net sales and 5% decline in comps
(Reuters) – The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations. Last month, agency staff circulated early drafts for either a capital buffer or a floating fund valuation, both aimed at preventing runs on money market funds and investor losses in the $2.6 trillion industry, people familiar with the matter said
For a certain type of MBA, but certainly not all, the degree is all about landing a job on Wall Street. And not just any job, an investment banking job, the kind that promises untold riches—a lifetime of high six-figure salaries and bonuses to match
[unable to retrieve full-text content]Stocks recovered from early losses Tuesday after the U.S. government reported that job openings soared to the highest level in nearly three years in December. Investors were also hoping that Greek leaders would agree on new cost-cutting measures being demanded by the country's lenders.
[unable to retrieve full-text content]The IPOs of Zynga and LinkedIn have created roughly $16.7 billion in market value. Assuming that about 20% of the equity went to rank-and-file employees as stock options, the amount of instant wealth could be more than $3.3 billion.