Daily Archives: May 17, 2012
Skechers Fitness Claims Shot Down; Turns Out You Really Have to Exercise
In a blow to those who want to believe there's a magic alternative to exercise, Skechers has agreed to pay $45 million to settle claims that the company exaggerated the fitness benefits of its rocker-bottom athletic shoes. It turns out they can't do the exercise for you.
Facebook price offering $38/share
those who bought early paid about that much or maybe a little less. They were thinking that the price would be closer to 100 out of the gate. I saw 48 being bout fair sans hype. That would not be a bad price if you can get it.
My advice set a limit order and don’t pay over 50-55 then wait if you dont’ get a bite wait a few months down the road until the hype dust settles.
http://www.reuters.com/article/2012/05/17/us-facebook-idUSBRE84G14Q20120517
(Reuters) – Facebook Inc priced its initial public offering at $38 per share, valuing the world’s largest social network at more than $100 billion.
At that price, the offering would raise as much as $18.4 billion for the company and existing shareholders.
Donna Summer dead from cancer at 63
CBS News) Disco queen Donna Summer has died, a family spokesperson told the Associated Press. She was 63.
Her family released a statement Thursday saying Summer had died and that they “are at peace celebrating her extraordinary life and her continued legacy.”‘
TMZ first reported the news, noting Summer had died in Florida on Thursday after a long battle with cancer. Insiders told TMZ she was recently working on music for a new album.
Known as the “Queen of Disco,” Summer was born in Boston, Mass. in 1948, as one of seven children.
The five-time Grammy winner rose to fame in the 1970s, scoring hits with “Last Dance,” “Hot Stuff” and “Bad Girls.”


