The Five Dumbest Things on Wall Street This Week
Now, we don't know when this alleged hotel bill was incurred -- Boies doesn't say, and a Tyco spokesman didn't have details at the ready -- but at current exchange rates, 5,288 pounds translates into $8,429 a night. Subtract 13 nights of that from Tyco's $110,000 bill, and you get $418 left over -- enough to get Mr. K. started on the tips for the driver et al. Of course, maybe Kozlowski economized by staying elsewhere -- say, one of the 3,500-pound-per-night fleabag penthouses at Claridge's. In that case, we calculate it would cost Tyco's shareholders a mere $6,556 a night. Of course, then Kozlowski would have had $24,770 left over for the various and sundry items on his hotel bill. Now, that's a lot of in-room movies.
2. Your Fabulous Caribbean Spews
Another day, another dollar. Another week, another reported case of nausea, vomiting and diarrhea aboard a luxury cruise ship. Yes, last Friday Reuters reported that 80 passengers and crew members on Royal Caribbean Cruises' RCL Majesty of the Seas took ill with a bug resembling -- but not officially confirmed as -- the Norwalk-type flu virus that has sparked more than the usual level of seasickness over the past few months.Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
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