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Basson Management News

2012-01-27

2012-01-27

Northern Ireland's Rory McIlroy, left, talks to Tiger Woods from U.S. on the 15th hole during the second round of Abu Dhabi HSBC Championship, Friday, Jan. 27, 2012 in Abu Dhabi, United Arab Emirates. (AP Photo/Kamran Jebreili)

Woods, McIlroy in contention in Abu Dhabi

2012-01-27
Maybe those swing changes are paying off for Tiger Woods.
Patriots receiver/cornerback/kick returner Julian Edelman is one guy who could be a difference-maker in Super Bowl XLVI.

Wesseling: 11 players who may steal Super Bowl spotlight

2012-01-26
Wesseling: Remember David Tyree? The Giants do. And you know the Patriots do. The former New York receiver was a special teams star who caught a touchdown and an incredible pass late in the fourth quarter that set up the Giants' game-winning score in Super Bowl XLII. Could there be another Tyree in this year's game? We've identified the most likely candidates.

Facebook poised to file for IPO next week

2012-01-27
Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday.

 
The U.S. economy perked up late last year as hiring acclerated and factories ramped up production. Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves.
That doesn’t bode well for growth in the coming months.

Unsold goods weigh on future economic growth

2012-01-27
  The U.S. economy perked up late last year as hiring acclerated and factories ramped up production. Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves. That doesn’t bode well for growth in the coming months.

Economy picked up pace as 2011 ended

2012-01-27
U.S. economic growth picked up speed in the final three months of 2011, expanding at the fastest pace in 1-1/2 years, according to new data released Friday.

CEOs make huge sums when companies go bankrupt

2012-01-27
CEOs and other top executives of companies that go through Chapter 11 receive robust compensation in the form of salary, stock grants and other benefits.

Too little, too late? Factory jobs making comeback

2012-01-27
President Barack Obama is on the road this week touting a plan to bring jobs back to the United States, in part by bolstering manufacturing here. It’s no secret that’s a tough challenge.
Science editor Alan Boyle's blog: The sunspot responsible for setting off a colorful round of northern lights got off a doozy of a parting shot, just as it was about to pass around the edge of the sun's disk.

Sunspot unleashes powerful parting shot

2012-01-27
Science editor Alan Boyle's blog: The sunspot responsible for setting off a colorful round of northern lights got off a doozy of a parting shot, just as it was about to pass around the edge of the sun's disk.
This expired hydrothermal vent towers 30 feet (9 meters) above the seafloor. Scientists took rock samples from the top for their study.

'Dead' deep sea vents are anything but dead

2012-01-27
Volcanic seafloor vents that roar with the scalding heat of Earth's interior don't stay hot forever. Eventually, over hundreds or thousands of years, they flicker out and turn cold.
The commercial version of two-seater foldable electric car that driver and passenger enter through a pop-out windshield was officially unveiled this week in Europe. The car, called Hiriko, is powered by four in-wheel motors that each turn a full 90 degrees.

Foldable electric car debuts in Europe

2012-01-27
The commercial version of two-seater foldable electric car that driver and passenger enter through a pop-out windshield was officially unveiled this week in Europe. The car, called Hiriko, is powered by four in-wheel motors that each turn a full 90 degrees.

Activists and bloggers fear Twitter censorship

2012-01-27
Bloggers and activists from China, the Middle East and Latin America said Friday they were afraid that new Twitter policies could allow governments to censor messages, stifling free expression.
An orbital diagram puts the orbit of asteroid 2012 BX34 in perspective, in relation to the orbits of Earth and Venus.

Bus-sized asteroid buzzes Earth ... harmlessly

2012-01-27
A small asteroid the size of a city bus zoomed between Earth and the moon's orbit Friday, just days after its discovery, but it never posed a threat to our planet, NASA says.

Retirement saving: Don't shortchange the later years

2012-01-27
Many people think they can plan on spending less later in retirement since they'll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it's risky to plan as if one's expenses will go down later in retirement? --Tim, U.K.

Mortgage probe unveiled as foreclosure talks loom

2012-01-27
President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.

FDA blocks orange juice shipments from Canada

2012-01-27
The Food and Drug Administration said Friday that it had detained orange juice shipments from Canada after they tested positive for low levels of a banned fungicide previously found in Brazilian juice. The FDA announced earlier this month that it would begin testing foreign orange juice shipments for the presence of the fungicide carbendazim before allowing them to enter the country. On Friday, the agency said that among 80 shipments from around the world it tested so far, six from Canada and five from Brazil had tested positive. The samples that have tested positive so far had carbendazim levels of between 10 and 52 parts per billion. The Environmental Protection Agency says carbendazim levels under 80 parts per billion do not raise safety concerns.

Italy, Spain downgraded by Fitch

2012-01-27
Fitch downgraded the sovereign debt ratings Friday of five European countries, with Italy and Spain taking the biggest hit.

The anti-Kodak: Eastman Chemical

2012-01-27
It is every parents' dream that their children enjoy a better life than they have. I am not sure if that's also true for parent companies and their offspring.