Market Gawk

United States Market and Economy

July 1st, 2007

Texas Begins Desalinating Sea Water (AP)

On a one-acre site alongside a string of shrimp boats docked on the Brownsville ship channel stands a $2.2 million assembly of pipes, sheds, and humming machinery — Texas’ entree into global efforts to make sea water suitable to drink.

Original post by FeedZilla

July 1st, 2007

British police arrest fifth suspect in Glasgow airport attack

LONDON (MarketWatch) — British police arrested a fifth suspect in connection with the attack on Scotland’s Glasgow Airport, which authorities have linked to two earlier attempted car bombings in London, according to news reports on Sunday.

Original post by FeedZilla

July 1st, 2007

Report: Carlyle mulls bid for Virgin Media

SAN FRANCISCO (MarketWatch) — Private equity group Carlyle reportedly is ready to make a $8 billion bid for the U.K.’s Virgin Media — a move that could spark an auction for the company, according to a published report.

Original post by FeedZilla

July 1st, 2007

For some iPhone customers, activation delayed for days

SAN FRANCISCO (MarketWatch) — Some buyers of the new Apple iPhone, after waiting in line for hours and even days to purchase the much-hyped product, were still waiting to activate the phone Sunday.

Original post by FeedZilla

July 1st, 2007

AT&T wields iPhone to battle Verizon

WASHINGTON (MarketWatch) — Since AT&T Inc.’s mobile-phone business took the U.S. market lead in 2004, Verizon Wireless has been steadily narrowing the gap, and was poised to recapture the No. 1 spot within a few years.

Original post by FeedZilla

July 1st, 2007

Animated rat cooks up box-office sales for Disney

SAN FRANCISCO (MarketWatch) — Thanks to a rat wearing a chef’s hat, Disney topped box-office sales this weekend, with the studio’s animated feature ”Ratatouille” grossing $47.2 million.

Original post by FeedZilla

July 1st, 2007

Investors strap on seat belts to await auto sales results

HONG KONG (MarketWatch) — The tide is turning against Indian auto companies, and investors will likely have their seat belts on this week before the car, bike and truck makers announce their sales for June.

Original post by FeedZilla

July 1st, 2007

Bandwidth-Hungry Internet Renews Demand For Fiber-Optic Cable

A lot of the credit goes to YouTube.

Original post by FeedZilla

July 1st, 2007

Options In Focus: Patriotic Buying?

Evaluating option prices ahead of the weekend is always fun. In general, premiums in the front month will get discounted and appear artificially…

Original post by FeedZilla

July 1st, 2007

ProShares Leads Pack Among Mid-Cap ETFs

Do enhanced indexes, which group stocks based on fundamentals, enhance returns?

Original post by FeedZilla