The European Commission fined Microsoft $1.35 billion for failing to comply with a 2004 antitrust ruling. [more]
WSJ today reported that in last Friday's filing, Citibank "disclosed that traders in its investment bank piled up daily losses of more than $100 million on 15 separate occasions last year." [more]
(Disclosure: I have a significant position in this stock which I purchased under $29)
The stock is Radiation Therapy Services Inc (RTSX), and this company is going private. The going private price is 32.50. [more]
This is a my happy dance: I managed to get back into black. This after the devasting 35% fall of ADS ( approx 8.75% damage to my overall porfolio).
Not that I am going to starting fiddling my portfolio or start thinking that I know more about the market than the market itself.
A happy momement nevertheless.
Happy Year of the Rat! As the first animal in the chinese zodiac, the Rat year signifies Boldness, Change and Passion. As is customary to bear gifts, I have a chinese hong bao (red packet) for you. [more]
"I was held in lower regard than the others because of my educational and professional background."