Finances In The 21st Century

05/28/2007:
Qatar Airways puts in a order to buy 80 A350 XWB long-range planes from Airbus SAS worth $16 billion. The plans are to be equipped with engines made by Rolls-Royce Group. Delivery of the Airbus A350 will begin in 2013. Boeing has beaten Airbus so far for the new bigger planes with about 567 order with Airbus having about 13. Airbus is based in Toulouse, France. Singapore Airlines Ltd has also places an order for 20 A350 XWBs and Russia's OAO Aeroflot to buy 22 A350s.

Labels: airbus, boeing, world-market

Posted by wolverine at 6:52 AM | Share Your Thoughts, Post A Comment | Permalink | | Stumble It!

AMD launches a new processors that has eight cores. This chip is based on an architecture codenamed Barcelona and will be available laster this year.

Posted by wolverine at 9:45 AM | Share Your Thoughts, Post A Comment | Permalink | | Stumble It!

Berkshire Hathaway Inc., Omaha, Nebraska-based insurance and investment company, reported on Friday, 04th May 2007, that it's profit rose rose 12 percent, as surged in its insurance and utilities businesses.

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Labels: berkshire-hathaway, warren-buffett

Posted by wolverine at 9:54 AM | Share Your Thoughts, Post A Comment | Permalink | | Stumble It!

Today the stock market is set to close at another record. The last month has been great for investors and looks like this is going to go on for a while or is it?

Today's movers include fast food chain Chipotle Mexican Grill, Inc (NYSE:CMG). The results were release and reported earnings that soared 46% higher.

Chipotle is a fast food restaurants serving Mexican food like burritos, tacos, bowls and salads.

Labels: finance, stock-movers

Posted by wolverine at 9:13 AM | Share Your Thoughts, Post A Comment | Permalink | | Stumble It!

After Google last weekly claiming the 1st spot as the most visited site on the web and its continue growth and merges maybe be leading to the other big competitors to think about a merger in order to keep up with Google. Google’s growth over the last couple of years had increased tremendously with many new products and buying of YouTube and potential buying of DoubleClick.

Yahoo and Microsoft have previously talked about mergers in the past but due to the rapid growth of Google services and offerings may now lead to the marriage of the 2 of Google’s biggest competitors.

How much will Microsoft pay for Yahoo is a big question? Microsoft probably has the cash to buy Yahoo but the bigger question is the different climate and cultures of the two companies and how well they are suited with each other.

Let’s wait and see; in the meantime some options players have made some great money on the quick upswing in Yahoo’s price. Good luck to those.

Labels: google, mergers, microsoft, yahoo

Posted by wolverine at 9:08 AM | Share Your Thoughts, Post A Comment | Permalink | | Stumble It!