fakeAppl

Pension funds are backing away slowly from the stock market, and (despite Wall Street complaints), that's a good thing: It's rational, and fixed-income payouts require some fixed-income investing.

It's "ITS rational...." for goodness sake! Hate being a grammar nazi but really...

Crude retakes $70 in stride, now +2.7% to $70.50, answering this question. So here's the new question: What comes first, $60 or $80?

$80 first.

CB Richard Ellis Group (CBG +14.5%) leads all S&P 500 constituents today after announcing plans to raise $550M through share and bond sales, including a $100M share sale to high-profile hedge fund Paulson & Co. The commercial property broker has $310M in debt due next year, and another $2.28B in 2011.

@2houndz: You've obviously never heard of John Paulson.

Northrop Grumman (NOC) reaches two settlements with the government: 1) Northrop will pay $325M to settle civil claims about defective parts for spy satellites. 2) The gov't will pay Northrop $325M to settle a suit regarding stealth cruise missiles.

Wow, so no one pays anyone anything...

Paulson & Co.: Huge Profits from Lloyds Short

Brownie points for appropriate usage of the word, "badassedness". Paulson, more so than Buffet, is my new hero.

Market Currents Poll: Should the U.S. give automakers the extra aid they're asking for or push for bankruptcy? Speak up in comments.

Market forces have spoken already. No one's buying their cars, so bleeding out more money to them won't save them. Nationalising them is the only option.

MacWorld Step Is Yet Another Positive for Apple

You forget that Steve Jobs doesn't just represent the cult-factor. Many investors and journalists see him as the only sole reason Apple products have great design or are easy and intuitive to use. He has a special talent of knowing what product works and doesn't, most of the time. That talent is crucial and is the largest risk factor to Apple.