“Apple Inc. (AAPL)’s shares rose to a record and the company’s market value surpassed $600 billion on speculation that production has started on a smaller version of the iPad tablet as well as a new television product.
The shares climbed 1.9 percent to $648.11 at the close in New York yesterday, for a market capitalization of $602.3 billion. The stock of the world’s most valuable company has gained 60 percent this year.”
Comments »via yahoo.com
Comments »Fiona McLaren, 59, had kept an old painting in her Scottish farmhouse for decades. She reportedly didn’t think much of the painting, which had been given to her as a gift by her father. But after she finally decided to have the painting appraised, some experts are speculating that it may in fact be a 500-year-old painting by Leonardo da Vinci and potentially worth more than $150 million.
“I showed it to him [auctioneer Harry Robertson] and he was staggered, speechless save for a sigh of exclamation,” said Ms. McLaren, according to The People.
The Daily Mail says the painting may be of Mary Magdalene holding a young child. The painting is now undergoing further analysis by experts at the Cambridge University and the Hamilton Kerr Institute, who will attempt to uncover its exact age and origins.
The Story: Merkel backing bond buying has the markets in rally mode. A tepid rally i might add as we approach overhead resistance of 1405 S&P.
[youtube://http://www.youtube.com/watch?v=3sxyXa8Y8Ug 450 300] Comments »“The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German newspaper Die Welt said on Saturday.”
Comments »Some companies are finding that after all the p and qs are counted that it actually is affordable and in some case more profitable to manufacture in America.
What does this say about wages in this country ?
Comments »“The number of U.S. businesses and consumers filing for bankruptcy fell 14 percent in the first half of 2012 and could end the year at the lowest level since before the 2008 financial crisis, according to data released on Thursday.”
Comments »“(Reuters) – U.S. health regulators on Wednesday approved Arena Pharmaceuticals Inc’s pill to treat obesity, making it the first new weight-loss drug in 13 years as public health advocates push for new solutions to the nation’s growing obesity epidemic.
Arena shares jumped more than 45 percent following the announcement.
Arena’s lorcaserin, which will be sold under the brand name Belviq, was one of three experimental weight-loss drugs seeking U.S. Food and Drug Administration approval after initial rejections by the agency. Vivus Inc and Orexigen Therapeutics Inc are still hoping to bring their medicines to market.”
Comments »Michael Phelps is setting himself up for the possibility of 10 Olympic medals this summer.
According to the psych sheet released by USA Swimming, Phelps is entered in the 200- and 400-meter individual medleys, the 100 and 200 butterflys, the 100 and 200 freestyles and the 200 backstroke. Yahoo! Sports and The Baltimore Sun both initially reported that Phelps would compete in seven events.
If he swims all those events at the trials (and qualifies) and competes as a member of all three U.S. relay teams, he could have a chance to win 10 medals. Guess that’s the only way to top his eight gold medals from the 2008 Olympics in Beijing …
READ THE REST HERE AT USATODAY.COM
“European Union leaders will press for new efforts to boost economic growth and improve lending conditions when they meet later this month, according to a draft document prepared for a June 28-29 summit in Brussels.
The 27-nation bloc will pursue growth measures at a time when, in the words of European Central Bank President Mario Draghi, “there is no inflation risk in any European country” and the ECB will continue to provide liquidity to the banking system. Draghi is working with EU PresidentHerman Van Rompuy, Luxembourg’s Jean-Claude Juncker and European Commission President Jose Barroso on a blueprint for further integration of the 17-nation euro region.”
Comments »Merkel and Germany’s stance in general of not pooling responsibility for banking problems is weakening slowly, but surely.
Comments »See the rest of the photos in an article that Boston.com ran two years ago by clicking here.
Glad to report that someone has some good sense in helping our kids out.
If you instill good eating behaviors with your children at every meal you get 1095 chances per year; which pales in comparison to the 10k + chances companies get to influence your kids. So this is a good move and hopefully other companies in our children’s sphere of influence follow suit.
Comments »Food safety advocates finally won for the testing of many strains of E. coli. The meat industry has successfully convinced the last and current administration not to allow the testing, but seeing as how many have fallen ill or died the decision not to test would be stupid.
As for the safety of meat well there is still GMO, antibiotic issues, and proper food safety issues; so i’ll stick to local grass fed steer.
Comments »A wonderful sight indeud not seen for almost two decades, will be visible for some mid western and all western states over the coming days.
Comments »As we discussed yesterday, some lucky guy(s) loaded up on JPM May $41 puts, EXPIRING TODAY, for as much as .40. Those same puts, after the bad news, are now worth more than $4.00. Not bad for a single days work.
Ron Paul has been quietly taking upset victories in many districts. Now the momentum he has can not be ignored!
Comments »It is never to early to be an activist for change. While Cole did not succeed he will try again. He also stands as a symbol to what has died in most American adults.
Cheers to Cole!
[youtube://http://www.youtube.com/watch?v=PIQUcDt1dhE 450 300] Comments »Are the many new varieties of Vodka flavors (whipped cream, anyone?) a sign that the Vodka market is frothy and in danger of bubbling over?
Read the article here.
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