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Chris Versace

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The first five trading days of December delivered a mixed result for the major stock indices with the Dow Jones Industrial Average ranking as the clear winner (up 1%), the S&P 500 essentially unchanged and the Nasdaq Composite Index down 1.1%. As with the prior week, one of the key drags on the Nasdaq has […]

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Welcome to PowerTalk, where we talk with CEOs, COOs and other key business people at public and private companies as well as other subject matter experts.

This week we’re talking with someone I’ve known for some time – Matt Jacobson, Venture Partner at Acta Wireless. Matt’s expertise is in mobile. mobile payments and mobile commerce.

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During the four-day Black Friday shopping weekend, American consumers traveled from mall to strip mall, sought out deals, scanned bar codes, comparison-shopped, surfed the Internet and clicked away at what many call “retail therapy.”

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Last week was a short one for the stock market as the domestic markets were closed last Thursday and opened Friday with shortened hours. Even so, all of the major market indices were up nicely last week. That gain continued the market rebound that began on Nov. 16 and now has the Dow Jones Industrial […]

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In the past several weeks, the overall stock market has resembled a roller coaster — down and then up, down and then up, followed by a quick drop. That situation is the case no matter which major market index we review. The only real difference among the Dow Jones industrial average, the S&P 500 and […]

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As we all are well aware now, the 2012 presidential election is over, and President Obama will remain in office for the next four years with control of the House retained by the Republicans, while Democrats continue to rule the Senate. With that overhang now eliminated, the near-term focus of the stock market has shifted […]

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