Posted on Tuesday, 11th October 2011 by Jesse Walker
The only reason investors head for the stock market is to earn better returns compared to other investment avenues. The objective is the same but approaches can be different. For example, some may like the growth theme, some may like the value theme; few are excited about banking sector while some find consumption theme intoxicating. [...]
Posted on Tuesday, 27th September 2011 by Jesse Walker
Unions say ‘worst fears confirmed’ as defence company announces proposed jobs cuts Defence giant BAE Systems has confirmed that it is cutting almost 3,000 jobs at sites across the country, mainly in its military aircraft division. The firm ended days of speculation by giving details of a huge redundancy programme, saying it needed to maintain competitiveness.The [...]
Tags: Jobs
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Posted on Thursday, 22nd September 2011 by Jesse Walker
ALBANY, N.Y. — New York Gov. Andrew Cuomo says a $4.4 billion high-tech research project involving five global companies will create or retain 6,900 jobs statewide. The effort involves Intel, IBM Corp., GlobalFoundries, the Taiwan semiconductor maker TSMC and Samsung. The companies plan to develop a next generation of computer chip technology to increase speed [...]
Tags: Jobs
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Posted on Friday, 26th August 2011 by Jesse Walker
New ACCC chief Rod Sims. AUSTRALIA’S competition watchdog will not be deterred by last week’s loss in the Federal Court and will instead launch even more ambitious enforcement cases that test the limits of consumer law. Speaking just days after the Australian Competition and Consumer Commission lost a legal fight against Metcash’s acquisition of rival [...]
Tags: Accc
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Posted on Thursday, 25th August 2011 by Jesse Walker
RBI raised the policy rates by 25/50 basis points. This is the most familiar statement in media for last couple of months. The role of RBI seems to have increased recently since India started experiencing major inflationary pressure on her economy. What exactly RBI intends to achieve by raising policy rates, also known as repo [...]
Tags: Policy Rates, Rates
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Posted on Friday, 29th July 2011 by Jesse Walker
BANGALORE – Four U.S. IPOs were received with varying levels of interest on their market debut, signaling that investors were being very selective of where they want to put their money in. IPO investors are trending toward offerings that have priced above their expected range and largely ignoring those that did not, according to some [...]
Tags: Investors
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Posted on Thursday, 28th July 2011 by Jesse Walker
–Gasoline accounts for 75% year-on-year May demand drop –May retail gasoline price highest since July 2008 record –Diesel only major product to show demand rise NEW YORK — U.S. gasoline demand hit a 10-year low for the May start of the summer driving season, pushing total oil use down 2.3% from earlier expectations and 2.7% [...]
Tags: May, May Oil
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Posted on Thursday, 28th July 2011 by Jesse Walker
– Starbucks Corp posted quarterly profit that topped Wall Street’s expectations on more visits from its relatively well-heeled customers, and raised its fiscal year forecast above analysts’ estimates. Sales at U.S. cafes open at least 13 months jumped 8 percent in the quarter, more than the 5.3 percent rise analysts expected. The world’s biggest coffee [...]
Tags: Visits
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Posted on Wednesday, 27th July 2011 by Jesse Walker
The RBI has continued its upward interest rate revision policy of the past one year by yet again hiking the interest rates by 50 Basis points. The new REPO rates are 8% and the corresponding reverse repo rate (1% lesser than repo rates) is 7%. This in effect will mean that things are going to [...]
Tags: Rates, Rates Here’s
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Posted on Wednesday, 27th July 2011 by Jesse Walker
July 28, 2011 – – Shares of specialty tea retailer Teavana Holdings Inc surged as much as 73 percent on their trading debut on Thursday, as investors gravitate toward specialty consumer foods. On Wednesday, the company priced its initial public offering of 7.1 million shares at $17 a share, above its previously expected range. [...]
Tags: Debut, Trading Debut
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