Yahoo Business Results and Comparison With Google

Yahoo has reported a loss in the final three months of 2008 as the economic downturn hit sales of online ads.
It reported a loss of $303 million compared to a profit of $205 million last year.
The results come as Carol Bartz takes over from Jerry Yang as the firm’s new chief executive.
Some analysts feel Yahoo [...]

Goldman Sachs Reports First Quarterly Loss But Remains Strong

The unbeatable hero of Wall Street, Goldman Sachs, has reported its first ever quarterly loss since it went public 9 years ago. And yes, the market conditions are quite bad.
Goldman Sachs has posted a quarterly loss of $2.1 billion, or $4.97 per share, on net negative revenue $1.58 billion, down from a profit of $7.01 [...]

Chicago Graduate School of Business: Gets Gift & Changes Name

With the worldwide economy looking a bit glum, it is expected that a record number of people will be try to head for various schools in the next 6 months, including one of the all time top b-schools: University of Chicago’s Graduate School of Business GSB.
But that school’s name is going to change.
The GSB announced [...]

US and Global Financial Crisis – Views & Updates

Like most of you, we have been watching the developments for the last few weeks, as MyOrbit spans worldwide with a link into the global markets. This post puts our thoughts and updates for you.
Background:
Financial institutions have been struggling to meet the mandates of bad loans, and the global markets have been showing the effects.
Banks [...]

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