Archive for June 11th, 2007
GMP throws in towel on XM Canada
11 June 2007It was only a few months ago when XM (XMSR:NASDAQ) and Sirius (SIRI:NASDAQ) announced their desire to merge their U.S. operations. Although anti-trust issues will potentially get in the way of that deal, I’d find it ironic if the FCC tried to tell these two players that, having already lost billions to build the [...]
Shanghai surprise is coming, warns CIBC
11 June 2007Although the CIBC Economics Department says “the eventual correction/burst of the Chinese stock market would probably be the most anticipated burst in the history of financial market bubbles,” I still found these figures fascinating. Here is their report from last Friday:
“A stock market that rises by 200% in 18 months is not necessarily a [...]