| - Real Estate Agents Want BP Payback
"I'm hearing from them constantly." That's what Kenneth Feinberg, the administrator of a $20 billion oil spill compensation fund, told members of Congress. Them? Real estate agents and brokers. "They make a credible argument," he adds.
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- SpongeTech Story Becomes A Cautionary Tale
In the midst of the economic crisis, sports teams were in need of sponsorship dollars. So they jumped at a company that was willing to bail almost all of them out. The deals came at a recessionary discount, in some cases with a generous payment plan and, perhaps most importantly, with very few questions asked about the company. The story isn’t completely over yet, but in the annals of sports marketing, it’s pretty apparent that the SpongeTech story will go down as one of the industry’s most cautionary tales.
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- Market Bias Is to Upside—So Invest Here: CIO
Stocks struggled on Wednesday after a handful of companies reported earnings that beat expectations but weakness in techs and retailers dragged on the market. David Spika, VP and investment strategist at WHG Funds, and Joseph Keating, executive vice chairman and CIO at CenterState Bank, shared their best investment plays.
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