Archive for February, 2010
Buffett: Don’t ask the barber whether you need a haircut
28 February 2010Warren Buffett’s annual letter to shareholders is always fun. Since we’ve got a small BRK position in the Decade of Daddy Mirror Fund, I thought I’d share with you an interesting idea he has for Boards of Directors to consider when their own company’s shares are being offered to satisfy part of an acquisition [...]
Commercial loan decrease has funded growth in consumer debt
27 February 2010According to data just released by the Bank of Canada, commercial lending restarted its swoon in January 2010. The category is “Business loans to Canadian residents for business purposes”:
December: $191.563 billion
January: $185.679 billion
February: $183.759 billion
March: $184.089 billion
April: $181.811 billion
May: $180.191 billion
June: $177.865 billion
July: $176.164 billion
August: $175.318 billion
September: $172.652 billion
October: $172.592 billion
November: $169.928 billion
December: $170.930 billion
January: [...]
How Jim Balsillie’s initial RIM investment went up in smoke
26 February 2010It has been almost 20 years since Jim Balsillie arrived at Research in Motion (RIM:TSX). Mike Lazaridis knew that he needed some help on the business side, and Jim was the answer. One of the first things Jim did was invest $125,000 for a one third stake in the company. The second [...]
What’s really up with Palm Pre volumes?
25 February 2010Some analysts do a better job of making headlines than others. And, as we all know, headlines generate trade flows, which makes the cash register ring at a brokerage firm. Today’s instalment: Canaccord’s Peter Misek versus Barron’s Eric Savtiz. Hmmmm. Who will come out the winner?
Palm: Sales Well Short Of Targets [...]
Genuity Research on Mobile World Congress 2010
24 February 2010Let’s face it, visitng Spain is probably more fun than snowy Virginia this week, but you go wherever the deals take you in our business.
In the meantime, thanks to the good work at Genuity Capital Markets, we have been able to stay on top of this year’s hot developments — and hotter promises — in [...]