Archive for May, 2008

Marvel looking good?

Monday, May 5th, 2008

MVL stock might see a little boost if Iron Man continues to rake in big bucks. This is the first film financed by Marvel so its relative success has a bigger impact on MVL profits than previous films.

However, a successful Iron Man may already be priced into MVL stock so there’s no saying for sure if the stock will see a sudden jump.

Bankrupt retailers indicate trouble for US economy

Saturday, May 3rd, 2008

Interesting NY Times article here about the retailers going out of business or closing stores to stay in business.

Figures released on Monday showed that spending on food and gasoline is crowding out other purchases, leaving people with less to spend on furniture, clothing and electronics. Consequently, chains specializing in those goods are proving vulnerable.

In short, consumers are still spending money – however we spend so much on gas and food that we don’t have much left over for the local shopping mall.