Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
eBay
A Makeover for eBay
Filed under: Management , Competitive Strategy , eBay (EBAY) We’ve oft heard the saying: “We must reinvent ourselves.” This is the new mantra at eBay. According to chief executive John Donahoe: “Clearly, I hope you see that we are starting to play offense.” EBay ( EBAY ) has long been a dominant player in the e-commerce industry. Started in 1995 , it has brought together buyers and sellers in an auction format. Now, 16 years later and highly successful, the company finds a new competitor in Amazon.com ( AMZN ), which is grabbing market share. In the meantime, eBay has acquired Paypal, as a wholly owned subsidiary. Paypal, an online payment service, helped to propel eBay’s business transactions. Continue reading A Makeover for eBay A Makeover for eBay originally appeared on BloggingStocks on Fri, 11 Feb 2011 12:15:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Facebook Raises Another $1 Billion From Outside US
Facebook adding another $1 billion to its latest round of funding, to bring the total to $1.5 billion, and valuing the company at $50 billion. That includes the approximate $500 million Goldman Sachs (NYSE:GS) and Digital Sky Technologies invested in Facebook in December. While some like to make a big deal about Facebook having a market value higher than eBay (NASDAQ:EBAY) and Yahoo (NASDAQ:
Out-of-Favor eBay (EBAY) Gets ‘Some Love’
Filed under: eBay (EBAY) , Newsletters , Stocks to Buy “eBay ( EBAY ) — a holding on our recommended buy list — isn’t a very popular stock on Wall Street,” notes Geoffrey Seiler . The editor of BullMarket.com explains, “Nevertheless, the name received some love in the past several days as two analysts came out with bullish takeaways on the stock. “First, on January 7th, Evercore Partners initiated coverage of the stock with an ‘overweight’ rating and Street high target of $37. Continue reading Out-of-Favor eBay (EBAY) Gets ‘Some Love’ Out-of-Favor eBay (EBAY) Gets ‘Some Love’ originally appeared on BloggingStocks on Fri, 14 Jan 2011 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
