Wednesday, 23 May 2012
News with tag Thomas
Funds with Facebook hammered as proxy by shorts

23.05.2012 5:54   0 views  0 comments
From: news.yahoo.com


(Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social media company before the IPO, have taken a beating, used as proxies for betting against Facebook. "Until investors can actually short Facebook, they have to keep shorting things that can give them some sort of proxy for Facebook," said Thomas Vandeventer, manager of the Tocqueville Opportunity Fund, which owns shares in both closed-end funds. ... Czytaj więcej »

Silicon Valley tech exec accused of Lego thefts

23.05.2012 1:21   0 views  0 comments
From: news.yahoo.com


This is an undated booking photo, provided by the Mountain View Police, of Thomas Langenbach, taken in Mountain View, Calif. Langenbach, a Silicon Valley technology executive, is facing charges after authorities say he changed the bar codes on Lego toys at a Target store to buy them for less. (AP Photo/Mountain View Police)A Silicon Valley software executive put fake bar codes on Lego sets at various Target stores, bought the toys at a steep discount, then sold them online for thousands of dollars, authorities said.


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Silicon Valley tech exec accused of Lego thefts

23.05.2012 1:10   0 views  0 comments
From: news.yahoo.com


This is an undated booking photo, provided by the Mountain View Police, of Thomas Langenbach, taken in Mountain View, Calif. Langenbach, a Silicon Valley technology executive, is facing charges after authorities say he changed the bar codes on Lego toys at a Target store to buy them for less. (AP Photo/Mountain View Police)Authorities say a Silicon Valley software executive put fake bar codes on Lego sets at various Target stores, bought the toys at a steep discount, then sold them online for thousands of dollars.


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U.S. Chamber of Commerce to spend big on 2012 election

22.05.2012 23:54   0 views  0 comments
From: news.yahoo.com


U.S. Chamber of Commerce President and CEO Thomas Donohue speaks in his annual State of American Business address at the U.S. Chamber of Commerce in WashingtonWASHINGTON (Reuters) - The U.S. Chamber of Commerce, which helped Republicans make big gains in the 2010 congressional elections, is planning its most aggressive push yet to send business-friendly lawmakers to Washington in the November 6 election. Thomas Donohue, the president and CEO of the powerful business lobby, on Tuesday said the Chamber planned to get involved in 11 or 12 Senate races and 35 to 37 races for the House of Representatives. "We are planning on having a good year," Donohue told hundreds of members of the U.S. small business community at a meeting in Washington. ...


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