Texas Confronted With Spiking Power-Price

Ron Haruni|May 30, 2008| 

Wholesale power prices in Texas have spiked unexpectedly to new heights – according to a WSJ report. Until last month, high prices were an occasional event... Read »

First Q’08 Preliminary GDP Reading

Ron Haruni|May 29, 2008| 

The Commerce Dept. released today its preliminary estimates for Q1 GDP. Real gross domestic product, which is the broadest measure of the nation’s economic... Read »

April Durable Goods Orders: Better Than Expected

Ron Haruni|May 28, 2008| 

The U.S. Census Bureau reported today new orders for manufactured durable goods – items intended to last three years or more, decreased $1.0 billion or 0.5... Read »

A Yahoo Deal Could Be Imminent

Ron Haruni|May 28, 2008| 

According to BW’s Gene Marcial, negotiations from Yahoo (YHOO) with Microsoft (MSFT) and Google (GOOG) are taking place behind the scenes and a deal of some... Read »

New Residential Sales For April ‘08

Ron Haruni|May 27, 2008| 

Based on estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, new home sales rose 3.3% in April from a... Read »

Home Prices Continue to Decline

Ron Haruni|May 22, 2008| 

According to a report released today from the Office of Federal Housing Enterprise Oversight – U.S. home prices fell a seasonally adjusted 1.7% in the first... Read »

Clearwire Will Not Be Using Google’s Dark Fiber

Ron Haruni|May 19, 2008| 

Based on reports from Unstrung, Clearwire (CLWR) which is working with Sprint Nextel (S) to build a high-speed Internet network, challenging services provided by... Read »

April housing surprise

Ron Haruni|May 16, 2008| 

According to The Commerce Department – Housing starts and new building permits report came in stronger and surprisingly higher for the month April. The report... Read »

Retail Numbers Show Growth, Undermine Recession Claims

Ron Haruni|May 13, 2008| 

The retail sales report released Tuesday by the Commerce Department showed a modest weakening for the month of April with a 0.2% decline, matching expectations.... Read »

Petrobras: Poised for Growth

Ron Haruni|May 12, 2008| 2

Petrobas (NYSE: PBR) – Brazil’s largest energy company was founded in 1953 and is now one of the world’s largest oil company with 109 production platforms,... Read »

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