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  • Pimco: Fed begins laying groundwork for NIRP  [View news story]
    And look where the European and Japanese markets are now since they began their negative rate policies.
    Feb 11, 2016. 03:01 PM | 3 Likes Like |Link to Comment
  • Jobless Claims see a sharp decline  [View news story]
    Gee,

    Even in affluent Silicon Valley area neighborhoods, I read and saw foreclosure homes in 2008 and 2009, before Obama was sworn in and long before Dodd-Frank of 2010. ... unbelievable that the bankers had the foresight that a black president was coming and took liar-loan-mortgages generated in 2004-2007 and sold them as AAA CDA/CDS to their friends who happened to be managers in Wall Street.
    Feb 11, 2016. 12:04 PM | Likes Like |Link to Comment
  • Jobless Claims see a sharp decline  [View news story]
    Viper, may be so but big distinction:

    1. Weather
    2. San Francisco Tourism
    3. UC Berkeley and Stanford University
    4. Technology economy
    5. Asian immigrants
    Feb 11, 2016. 11:57 AM | Likes Like |Link to Comment
  • Cisco beats estimates, issues in-line EPS guidance; shares rise  [View news story]
    From latest EA:
    Mkt cap is $124.3b rtq after spent $95.1b already. And they continue to plow profit in the black hole.

    http://bit.ly/1Wgi83O

    For the second quarter of fiscal 2016, Cisco repurchased approximately 48 million shares of common stock under its stock repurchase program at an average price of $26.12 per share for an aggregate purchase price of $1.3 billion.

    As of January 23, 2016, Cisco had repurchased and retired 4.5 billion shares of Cisco common stock at an average price of $20.97 per share for an aggregate purchase price of approximately $95.1 billion since the inception of the stock repurchase program.
    Feb 11, 2016. 10:50 AM | Likes Like |Link to Comment
  • Jobless Claims see a sharp decline  [View news story]
    http://bayareane.ws/23...

    Incomes also surged in Silicon Valley during 2015, the study stated. Average annual wages, adjusted for inflation, totaled $110,634 in 2015, which was up 5.4 percent from the 2014 average of $104,728. Wages in 2014 grew at 1.7 percent.

    Silicon Valley added 64,000 jobs during 2015, San Francisco gained 30,000 jobs, and Alameda County added 26,000 jobs. Overall, the Bay Area added 129,000 jobs in 2015, according to the Silicon Valley Index.

    Including additional earnings such as bonuses, average annual earnings totaled $122,000 in 2015. That was nearly double the average of $63,000 for the United States and 67 percent higher than the $73,000 in average annual earnings for California, the report stated.
    Feb 11, 2016. 10:24 AM | 2 Likes Like |Link to Comment
  • Jobless Claims see a sharp decline  [View news story]
    The anti-obama crowd says it would be better for Main Street if initial jobless claims data were 700K as in 2008/2009.
    Feb 11, 2016. 10:04 AM | 1 Like Like |Link to Comment
  • Yellen cools rate hike chatter  [View news story]
    You got it ... like auto insurance, don't buy the low deductible collision policy if you and your family members all drive carefully and OBSERVE ALL THE RULES.
    Feb 10, 2016. 08:30 PM | Likes Like |Link to Comment
  • Mystery ship helped keep California gas prices high, consumer advocate says  [View news story]
    fussy,

    OMG, you meant the science communities have all been duped? You and your descendants would all benefit by burning the old leaded gas without emission control? Go for it and move to Beijing or Mumbai. They are like the old LA basin except farther away from the ocean.
    Feb 10, 2016. 08:27 PM | 1 Like Like |Link to Comment
  • Cisco beats estimates, issues in-line EPS guidance; shares rise  [View news story]
    This stock is above $80 in Mar of 2000. Each year since, csco has been buying back shares as a scheme to boost eps though advertised as returning profits to shareholders. Studies showed that they only parties profited have been the employees with stock options and executive bonuses.
    Feb 10, 2016. 08:19 PM | Likes Like |Link to Comment
  • Cisco beats estimates, issues in-line EPS guidance; shares rise  [View news story]
    Even without Chambers, the new executives are sticking with the tried and true FAILED business plan: raise dividend and more stock buybacks.
    Feb 10, 2016. 04:16 PM | 2 Likes Like |Link to Comment
  • Mystery ship helped keep California gas prices high, consumer advocate says  [View news story]
    As a longtime CA resident, I remembered driving around HWY-11 in the 70s, now called Interstate 110, I could not see the LA Coliseum most days because of smog. Many kids got sick with respiratory problems and elderly flooded the County Hospitals due to the toxic air.

    We are happy to pay higher prices for cleaner fuel BUT not about price manipulation by big oil creating supply bottlenecks.
    Feb 10, 2016. 02:27 PM | 1 Like Like |Link to Comment
  • Yellen cools rate hike chatter  [View news story]
    jaypar, As an individual buying HC insurance on the open market since 2002, I kept an eye out for HC cost since I have to pay for the insurance, copays and deductibles. Studies by Kaiser Foundation and others had shown total healthcare costs were rising much faster than inflation before Obamacare (I know as I paid) and slowed down considerably on average after 2010. Of course, there are cases that costed more/less than average.
    Feb 10, 2016. 02:17 PM | Likes Like |Link to Comment
  • Yellen cools rate hike chatter  [View news story]
    1. I am individual buyer of Kaiser insurance. No subsidy from employer or government.

    2. Your case is unique as your company subsidy to retirees decrease by policy. It is always the case for those who left a job and goes on COBRA, that the insurance cost will be the same but zero subsidy by the employer.
    Feb 10, 2016. 11:52 AM | 1 Like Like |Link to Comment
  • Yellen cools rate hike chatter  [View news story]
    Well, Blue Shield might have charged too low in past years and tried to make up this year by raising double digit rates. So it evens out. Suspect that customers had shopped around and accepted the 20% hike as competitive rate.
    Feb 10, 2016. 11:49 AM | Likes Like |Link to Comment
  • Yellen cools rate hike chatter  [View news story]
    We know that negative rates in Europe and Japan have not helped their financial market or economy. DAX, Nikei and FTSE were all in bear territories, more than 20% off their recent highs. Now she wants to try the same thing?
    Feb 10, 2016. 08:59 AM | 4 Likes Like |Link to Comment
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