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July 26, 2008
Aggressive strategy wins the round
Vad Yazvinski uses an active combination of shorts and long positions to win this round of Strategy Lab. But all 6 of our players more than held their own in a very difficult market.
I’m hoping for one last push higher
We see if some retail picks can help out. But, despite Thursday’s rout, I’m happy with my performance. It has been a tough, tough market.
EDF raises gas and electricity bills
EDF Energy has announced it is putting up gas prices by 22% and electricity prices by 17% for domestic customers.
Hope of deal in world trade talks
Global trade talks that earlier looked near collapse have made progress and a deal might now be possible.
Straw tells Labour MPs to stay calm
Gordon Brown’s most senior cabinet minister, tried to quell a Labour mutiny against the UK prime minister as the party went into convulsions after its shock by-election defeat
Klein to leave Citi with more than $42m
Citigroup will pay Michael Klein more than $42m in cash and stock after the high-profile banker decided to leave the financial services group and pledged not to work for a rival until October of next year