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Financial Glossary

This Week's Winners & Losers

Posted: 2008-04-04 17:47:10
From jobs to music to what's happening with investment banks, here's a recap of what unfolded this week in business. Take the quiz below to see if you're in the know.

This Week's Winners & Losers

Winner: Research in Motion. The BlackBerry maker's profit and sales doubled in the first quarter as consumers snapped up the handheld device. Which of these wireless devices can Research in Motion credit for some of its success?

  • Treo
  • IPhone
  • Sidekick
  • None of the above

Winner: Lehman Brothers. The investment bank, which has been trying to reassure investors that the company has enough cash to handle any market demands, raised $4 billion in new capital this week. Which of Lehman’s competitors couldn’t save itself?

  • Bear Stearns
  • Morgan Stanley
  • Goldman Sachs
  • JPMorgan Chase

Winner: Jay-Z. The hip-hop star is set to ink a $150 million deal with Live Nation that would give the company a cut of every aspect of his career. Which of the following businesses has Jay-Z not been involved in?

  • Rocawear
  • Roc-A-Fella Records
  • Phat Farm
  • 40/40

Winner: Apple. A new consumer study shows that Apple’s iTunes became the top overall music retailer in the U.S. in March. Which retailer did Apple bump from the No.1 position?

  • Amazon
  • Wal-Mart
  • Best Buy
  • Target

Winner: Manhattan Apartment Prices. The Big Apple remains one of the few places in the nation where real estate is still gaining value. What's driving prices there?

  • Sales of luxury apartments
  • Celebrities moving into the area
  • New construction

Loser: Merck and Schering-Plough. The drugmakers received a major blow Tuesday when a panel recommended that patients use older treatments to treat a certain medical condition instead of newer medicines like Vytorin and Zetia. What condition do they treat

  • High blood pressure
  • Diabetes
  • High cholesterol
  • Migraines

Loser: Dell employees. Computer maker Dell announced that it was closing its Austin, Texas plant this week and that it would cut more jobs than the 8,800 previously announced as it tries to make itself more competitive. Who is Dell's current CEO?

  • Steve Ballmer
  • Sergey Brin
  • Kevin Rollins
  • Michael Dell

Loser: United Airlines. The carrier grounded dozens of planes Wednesday to inspect fire suppression systems on its Boeing 777 planes. Which of the following airlines have not had to ground planes within the last month for inspections?

  • Delta
  • American
  • JetBlue
  • United

Loser: Aloha Airlines, which served the island of Hawaii for 60 years, shut its passenger service on Sunday. Which of these airlines discontinued operations and also shut passenger service this week?

  • ATA Airlines
  • American Airlines
  • Alitalia
  • Air Jamaica

Loser: American workers. On Friday, the Labor Department announced that U.S. employers cut the most jobs in five years last month. How many jobs were lost?

  • 60,000
  • 80,000
  • 70,000
  • 75,000


2008-04-04 08:59:05
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23 comments

Creampuf562 02:17:20 PM Apr 05 2008

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MP3's can be as good and sometimes better than CD's, it just depends on how you download them, and sometimes it depends on the quality of the earphones (earbuds for iPod users) you have.

CANDYBAIR58 02:13:29 PM Apr 05 2008

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NO COMMENT, (cause I shouldnt)

Audie76 01:48:54 PM Apr 05 2008

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i bet wal-mart sold a rather large percentage of the ipods that people use to play music purchased online!

CaptiveSpirits 01:06:09 PM Apr 05 2008

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Beam me up Scotty

WJLUV269 12:52:53 PM Apr 05 2008

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Dial up, what the hell is dial up????

Empirion13 12:35:41 PM Apr 05 2008

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Jfnardi3 -- most likely you're hearing mp3's recorded at 128 kbps (which isn't very good). At 320 kbps, the sound is almost identical to CD's, although the file size is much larger (making it less desirable to download). Just an FYI...

Carolslexus 12:34:21 PM Apr 05 2008

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i don't get my views posted either! makes you think is aol against republicans?

Jfnardi3 10:59:38 AM Apr 05 2008

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I cannot understand how anyone without serious hearing loss can't tell the diference between MP'3"s and CD's. I am 58 years old, and I can't stand the monotonous soulds that Mp3 calls music. Cd's (especially bought online) are a bargain and a keepsake of your favorite music. This "new" generation is losing out on some great sounds. Enjoy!!!

FredLeonardMusic 09:31:58 AM Apr 05 2008

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TAKE A LISTEN TO MY SONGS! WWW.FREDLEONARD.COM

FredLeonardMusic 09:29:58 AM Apr 05 2008

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My Music is with itunes and many others. Go to: www.FredLeonard.com or www.myspace.com/FredLeonardMusic to hear my tunes!

www.cdbaby.com/FredLeonard

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