Archive for January, 2008

IPO - Tully’s Coffee »

Still postponed but will it ever happen? I know the market conditions at the time made them rethink moving forward.
I know some people on the west coast that enjoy this brand. We are not able to enjoy it out on the east coast yet. With a bit of a capital infusion from the IPO I […]

$24 Million Dollar Federal Grant will help Oregon Ethanol Startup »

Hey I like my corn products so quit raising the prices!
 With this new federal grant a pilot plant will be setup in Oregon. This new plant will try to turn wood waste, wheat straw and corn stalks into ethanol somewhat efficiently. But that is the real trick, they can make ethanol in many places but […]

Internet failure hits Asia and the Middle East »

Yep, one under water cable could cause this. I hope to use this as evidence to convince someone that I am working with on a SAP implementation that running all of the apps from Europe via the Internet is a poor idea.
How do you like that voice over ip phone now! That is the other […]

Isuzu to leave the American Market »

I recall reading about this on one of my favorite automotive forums. The talk was, which would be the first to exit the American market; Mitsubishi or Isuzu?
Well a couple of years later we have an answer. Chalk is up to style, marketing and quality and you have an all around loser. It is almost […]

Business Question - Sears CEO severance package »

This question came in from Steve whom inquired about the exit package for Aylwin Lewis.
I could not find too much digging around in filings but I came across one article that said if he was fired then he could be leaving with up to $22 Million which to be honest is far less then I […]

Rate cut but still lacking optimism »

Well they cut it another 50 basis points but the market did not exactly sky rocket but we all know this cut was coming and already factored in.
We will regain some strength in the housing sector and some people will have a chance to refinance out at a decent rate.
 Then we have all of us […]

Capitalism »

I was debating with someone about the housing market including the fact that I and others around may enjoy the ease of buying foreclosed homes at a great price.
The sad part to many is those that lost the homes may end up buying them back from us at a higher price. Maybe at this point the rich get richer […]

Ridiculous article - Become a millionaire by 65 »

 Chances are if you are reading this site then you have already hit that million mark or you certainly want to reach it by 30 or 40.
I had this article pop on up on my screen today about how to become a millionaire by 65. Sure most normal sub 50k a year people with no […]

Masters Degree in Information Security »

I came across a couple of schools offering these grad degrees. I am going to call up later and see if anyone can get into the program or if they need to have a reasonable amount of IT security experience before they can sign up.
My guess is, anyone can just about get in. So who […]

Rate drop Tuesday »

Well after the last 75 basis point drop we heard on the same day that the fed may cut rates another 50 basis points at the next meeting which is today.
I know I have already had a few mortgage reps call me talking about getting ready to do a refi maybe this mini boom I […]

Rouge Trader - SocGen and Financial Controls »

Do you remember that movie “Rouge Trader” from 1999 with Ewan McGregor? I love movies like that, you can give me a shot of that or Boiler Room any time you want.
The crazy part is this stuff goes on in real life and here we have the French bank Societe Generale looking at eating up to […]

Yahoo Mistakes »

I have been running MY Yahoo for a long time and I like how the setup is enough to where no one has been able to get me to switch yet. I went through some annoying advertising times with them but I still like my all in one page that keeps me updated perfectly with […]

Sears and CEO Aylwin Lewis parting ways »

Lewis is leaving Sears and that spot will be replaced by Exec VP of Supply Chain W. Bruce Johnson.
Looking at my audience I have to ask if you are reading this, how often do you go to Sears and why? I go there for tools and that is about it. In 2007 I bought a couple […]

Business Stimulus Plan will be talked about tonight »

Tonight if you watch the state of the union address we should learn more about the effects of the stimulus package to come and how it will effect our businesses.
Bush will highlight a Michigan based manufacturing company tonight which makes pivot pins for bulldozers. The company is Barnard Manufacturing and is located in St John […]

Countrywide CEO reduces his severance package by $37.5 Million »

Angelo Mozilo said today he would not take $37.5 million in light of the issues that Countrywide is facing right now.
I wonder what is making him do this? Call me greedy but if I negotiate X amount of money as an exit package then I expect it. Would you pay that much just to save […]

Do company T-Shirts work for advertising? »

I get this question often and it came to mind again this morning while I was at the store.
The short answer is yes, they do work. But that depends what kind of business your in and on another side you can use it as an ice breaking tool.
Today for example I was at the market […]

FedEx looking to buy DHL »

I am still waiting to see more USPS commercials, has everyone forgotten that they ship packages too?
I like the UPS outlet stores, which also sells FedEx services. They may cost a little more but I don’t have to deal with the lines at the USPS which is maybe why they have just given up?
If FedEx […]

Bad Business - Texas Corral »

Out and about today we drive past a Texas Corral and since my dad usually enjoys the Texas steakhouse kind of spots we decided to stop in .
 I touch on restaurants \ food service a lot since eating is done several times a day for most and I like to examine the restaurant industry since it […]

How to choose a web development company »

So here you are in business for some time now or maybe even a startup company and you cannot wait to get your web presence all set. Guessing like most you will reach for a copy of Frontpage your buddy told you he used to build a web page for his cat box cam or maybe […]

Harley profit falls over 25% »

As we get closer to this stock (ticker HOG) closing at half of a once high of near $80 it seems this news will prove to us that they are in a downward spiral right now.
Now don’t take that the wrong way. Yes the stock is free falling but the company as a whole is right […]

Celebrity Apprentice Episode 4 – History doesn’t matter »

Vinny takes all the ziti on this one.
And lets discuss something right up front now. The firing was just to easy. Jennie should have not been on the show to begin with. At any given time for nearly any reason you could have fired her in any episode because trump said it best, this isn’t […]

Microsoft reports a 79 percent rise in profit »

I am taken back a bit by this one.  This is a good number for them to show but I wonder if there was a run at the end of the year to get things bought or maybe things are selling that well?
We all know Vista is the new ME. I worked on networks where […]

How the stimulus plan will help your business »

It looks like we are closer to getting a deal signed and we will know the full details soon.
 As of right now it looks like they are setting a side up to $70 Billion to boost business activity. A large chunk of that will help to encourage businesses to make large purchases and also be […]

Sprint CFO leaving with other Executives »

Well you cannot be surprised. Horrible turn of events at Sprint with he last reporting of revenue and losing massive market share so it is time for some heads to roll.
At this point whom can they bring in to save the day? It looks like the CEO is going to stay and the Marketing VP […]

eBay won’t meet analysts estimates »

We had to take a guess that Meg Whitman’s departure was best timed at the highest point eBay was going to see any time soon since who wants to leave on a down note? If that is correct and I honestly believe Meg is truly brilliant in many aspects so there is a great chance […]