The United States of America is ramping up attempts for safeguarding its financial system from a worsening of Europe’s debt crisis, joining countries in Asia, Latin America, and elsewhere in trying to build firewalls.
Policymakers in the United States are digging deep into the books of American banks to find out how exposed they might be [...]
Archive for November, 2011
US readies defenses against spillover of Europe
November 30th, 2011 
admin Parsi Tradition Preserved By Tata’s Choice Of Chairman
November 29th, 2011 admin The days when the Parsi community of Mumbai dominated a city they helped to build may have faded but the rise of Cyrus Mistry to the helm of the Tata Group reinforces the clout it wields in some of the biggest conglomerates of India.
The selection of Mistry also keeps the business in the hands of [...]
Stock Trading Mixed In Light Trading
November 27th, 2011 admin Stocks are mixed in light trading, with the S&P 500 index able to recover slightly from six straight days of losses.
Major indexes remain on track to post their worst week since September even with modest gains on Friday.
From in.finance.yahoo.com:
Worries about Europe’s debt crisis flared up again Friday after Italy had to pay 7.8 percent to [...]
India Open Doors For Supermarket Chains
November 26th, 2011 admin On Thursday, India threw open its $450 billion retail market to global supermarket giants.
The country approved its biggest reform in years that may boost sorely needed investment in Asia’s third-largest economy.
From in.finance.yahoo.com:
The world’s largest retail group, Wal-Mart Stores Inc, and its rivals see India’s retail sector as one of the last frontier markets, where a [...]
Iran closer to atom bomb than thought, says Israel
November 25th, 2011 admin The full extent of Iran’s nuclear program was not reflected in a recent U.N. report, Israeli Prime Minister Benjamin Netanyahu said on Sunday.
“Iran is closer to getting an (atomic) bomb than is thought,” Netanyahu said in remarks to cabinet ministers, quoted by an official from his office.
From news.yahoo.com:
The Israeli leader did not specify what additional [...]
Euro zone countries could split
November 19th, 2011 admin The chairman of Goldman Sachs Asset Management said in a Sunday Telegraph interview that countries in the euro zone will find it increasingly unattractive to stay in the single currency, if there is a German-led fiscal integration.
Jim O’Neill, whose division manages more than $800 billion (500 billion pounds) of assets, also called on the European [...]
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Tags: bailout, euro zone, exchange rates, fiscal integration, Goldman Sachs 
No Comments »AT&T revenue falls short
November 9th, 2011 admin The quarterly revenue of AT&T Inc fell short of Wall Street estimates, as wireless customers spent less than expected ahead of the introduction of the latest Apple Inc’s iPhone.
However, the company expects subscriber service revenue to recover this quarter because of strong sales of smartphones such as the iPhone, which boosts data service revenue.
From in.news.yahoo.com:
Customers [...]
AT&T sees slowing growth in 3Q
November 9th, 2011 admin AT&T, which has been running one of the biggest U.S. wireless networks, has reported lower-than-expected results.
They said Thursday that its wireless service revenue grew just 4.3 percent in the July to September period versus a year ago.
From news.yahoo.com:
Contributing to the slowdown in growth was the delayed launch of the latest iPhone model, which just missed [...]
Apple disappoints Wall Street
November 2nd, 2011 admin The revenue and earnings of Apple Inc. on the last quarter fell far short of Wall Street’s forecasts despite setting new sales and profit records over the last three months and blowing past the $100 billion mark.
Apple said on Tuesday its net income for the quarter rose to $6.6 billion, or $7.05 per share, up [...]
How to get sponsorship using Internet
November 2nd, 2011 admin If you are looking for easy and lucrative ways on how to get a sponsorship by using the Internet, this YouTube video on how having a presence online can help get you sponsored is an absolute must-see for you. The video is a recommended viewing option for every one who wants to reap benefits of [...]