Archive for October, 2007
October 26, 2007: 1:44 pm: adminNews
China, India, finance, jobs, politics, new order: strategies, management, power
Why are China and India moving ahead at the same time? What is next in world finance, trade, commerce, outsourcing, investment, politics? Get great insights from a timely book.
Read More at cmi santiago…
Ontario Chamber of Commerce calls for pension reform
Pension legislation reform is urgently needed in Ontario in order to enable employers to improve their competitiveness, while giving employees a predictable retirement income, says the Ontario Chamber of Commerce.
Read More at Investment Executive…
Warning to finance companies
Finance companies have been put on notice to expect “strong enforcement action” by the Commerce Commission if they run foul of the consumer protection laws.
Read More at Stuff…
Stock takes: Foreign ownership may bail out finance companies
With no fresh casualties, it’s been a quiet week on the finance company front, publicly at least.
Read More at The New Zealand Herald…
The Commerce Group, Inc. Announces 2007 Third Quarter Results and Comparison to 2006
WEBSTER, Mass.—-The Commerce Group, Inc. today reported 2007 third quarter results. Net earnings were $55.5 million, or $0.88 per diluted share, compared to net earnings of $56.5 million or $0.83 per diluted share for 2006.
Read More at Business Wire via Yahoo! Finance…
Commerce Planet’s Board Positions Company for next Phase of Growth by Enhancing Management Team
Commerce Planet, ( Nachrichten ) Inc. (OTCBB:CPNE) announced today a series of management enhancements designed to best position the Company to achieve its long-term strategic growth initiatives.
Read More at FinanzNachrichten…
Commerce bids for 42nd straight Class A district win
Commerce has turned to a new look to achieve the same old results. Actually, it?s a very old look ? the Wing-T offense. But that?s a new look for most defensive coordinators and certainly for the players to have to face it.
Read More at The Joplin Globe…
NaviSite to Reclassify Past Debt Costs
NaviSite Inc., a provider of outsourced Web and e-commerce services, said Friday it plans to restate certain debt issuance costs related to its debt financing with Silver Point Finance LLC in April 2006.
Read More at AP via Yahoo! Finance…
October 23, 2007: 7:00 pm: BernardNews
Target Needs to Allocate More Focus Back on Customers
To avoid losing shoppers to competitors like Costco and Wal-Mart, some analysts think Target needs to put the focus back on consumers.
TheStreet.com’s Kristin Bentz tells Farnoosh Torabi why Target is due for a huddle with shoppers who may become more enticed by Costco and Wal-mart.
Read more here.
I like Target better than both Costco and Wal-mart; i feel that out of “discount-everything” stores, Target is a little classier. I would definitley buy some of their stock with an online system like Gorilla Trades; a company like Target doesn’t stay down for long.
Analysts Think BP’s Profit Drop Could Be Bottom - Buy, People!
Some analysts on Wall Street beleive that with a significant drop in BP’s third quarter net profits, oil may be at its bottom.
Chuck Marvin says that BP’s net profit dropping 29% in the third quarter might mean oil’s reached its bottom.
I’d like to be able to get updates and tips on stocks of the same caliber as BP from my online stock picking service. Do all of these services, like Gorilla Trades, focus mainly on less well known stocks?
Can Somebody Fix the Housing and Credit Problems??
Every day i hear the same thing from these analyts: “investors are still weary about the housing market and credit crunch”; Somebody do something already! I know their isn’t an overnight solution, but how long has this been going on? And all i’ve heard about it is that the Fed is moving interest rates. There has to be something else that can be done.
‘Investors are using caution because of the sluggish housing market” is all i hear, whether it’s from brokers, analysts or online stock picking services like Gorilla Trades. Enough is enough.
October 19, 2007: 9:58 am: KellyNews
Dollar hits another record low vs. euro
Weak dollar likely to be hot topic at meeting of G7 finance ministers as European officials worry about hit to exports.
Read More at CNN Money…
China vs globalization: global finance, trade, entrepreneurship, outsourcing, politics job
Very useful and provocative analysis and knowledge of rising Chinese economy, commerce, trade, culture, outsourcing, entrepreneurship, politics, jobs, conflicts. What is the next in world finance, investment, leadership map? Get great ideas from top strategist George Zhibin Gu.
Read More at cmi valpara
Biz Events
The British Chamber of Commerce hosts a breakfast briefing titled ?All You Need to Know About the Tax Reform.? The briefing?s speakers will explain upcoming changes made to personal and corporate income tax and the value-added tax by the recently passed public-finance reform.
Read More at The Prague Post…
Angola: Finance Ministry Denies Irregularities in China Credit Use
Angolan Finance Ministry Wednesday in Luanda denied any possible irregularities in the use of the funds released under the China Credit Line to finance the country’s reconstruction and development.
Read More at AllAfrica.com…
Seacoast Commerce Bank Announces Appointment of New Directors
CHULA VISTA, Calif.—-Bruce A. Nunes, Chairman of Seacoast Commerce Bank , today announced the appointment of Allan W. Arendsee, Richard S. Levenson, and Ronald A. Bedell to the board of directors.
Read More at Business Wire via Yahoo! Finance…
puzzles of Chinese multinationals, finance, jobs, trade, politics, commerce, democracy
Why are made-in-China products flooding globe? Why 600,000 international companies invest in China? What are really inside Chinese multinationals, finance, banking, trade, jobs, politics, outsourcing, technology? Get inside stories from this extremely useful info and analysis.
Read More at cmi santiago…
Demand for micro financing far outstrips supply around the world
SANTA MONICA, Calif. (MarketWatch) — Last year’s Nobel Peace Prize went to Muhammad Yunus and the Grameen Bank he founded for pioneering micro-finance practices that assist the extremely poor in making their way out of poverty.
Read More at Market Watch…
Russia to take part in G-8 finance ministers as equal - Kudrin
WASHINGTON, October 19 (Itar-Tass) - Russia intends to take part, as equal, in a conference of G-8 finance ministers in Washington on Friday, Russia’s Deputy Prime Minister, Finance Minister Alexei Kudrin reiterated at a reception in the U.S. capital on Thursday evening.
Read More at Itar-Tass…
October 18, 2007: 5:51 pm: BernardNews
California is the Venture Capital Capital
Why are there so many venture capital firms in California, especially in the Northern Silicon Valley? Are they there because there are so many tech companies there, which are VC’s milieu? Or are there so many tech companies there becuase of the copious amounts of potential VC investors? Maybe it’s like asking what came first the egg or the chicken.
I’m sure some venture capital companies call another city their home, but all I ever hear about is a new tech company being backed by an investment firm, like Arthur Trueger’s BerkeleyVC, and they are all in California, more specifically the northern part. There has to be another reasong besides the weather.
Dollar struggles after weak US housing data
The dollar remained under pressure in Asian trade Thursday, hit by weak US housing data and jitters ahead of a meeting of world finance chiefs where currencies will be on the agenda, dealers said.
Read More at AFP via Yahoo! News…
Euro flirts with record dollar high
The European single currency climbed close to a record high against the dollar on Thursday as dealers examined weak US housing data ahead of an impending G7 finance meeting.
Read More at AFP via Yahoo! News…
revealing lessons: China, wealth, peace, finance, outsourcing, politics, globalization
How to manage rising emerging giants China and India? How to leap forward in borderless trade, finance, outsourcing, banking, commerce, technology, leadership? Very useful and provocative interview with leading strategist George Zhibin Gu from inside China.
Read More at cmi santiago…
Dollar under pressure on new US housing data
The euro firmed against the dollar on Wednesday as new economic data put the greenback under pressure and as the foreign exchange market awaits this week’s meeting of G7 finance ministers.
Read More at AFP via Yahoo! News…
Personal Finance Daily — Oct. 17
The housing market isn’t just bad, it’s ugly. After a tremendous five-year run, we’re now in a year-long slump that has no bottom in sight and that most pundits now say won’t show any kind of turnaround for another year at least.
Read More at Market Watch…
Euro firms against dollar as traders await G7 meeting
The euro firmed slightly against the dollar Wednesday as new US economic data weighed on the greenback and investors awaited a meeting of G7 finance ministers this week.
Read More at AFP via Yahoo! News…
India against China: global leadership, finance, jobs, outsourcing, banking, commerce, law
Which nation is to be the next global leader, China, India, or America? What is the next stage world commerce, trade, jobs, wealth, finance, politics, competition, outsourcing, technology? Talk to leading strategist George Zhibin Gu.
Read More at cmi santiago…
October 17, 2007: 9:52 am: adminNews
MERS Incorporates WorldView’s Hosted Document Management Solution
Mortgage Electronic Registration System, Inc. (MERS), a conglomerate created by the real estate finance industry to streamline mortgage processes by using electronic commerce, has implemented WorldView Ltd.’s hosted document management solution.
Read More at PRWeb via Yahoo! News…
Sterling Commerce baut Entwicklung und Vertrieb ihrer Finanz-IT-L
Partnerschaften mit Perago AG, Allied Engineering Group und Alliance Factors geschlossen
Read More at Portel.de…
Baraka Appoints New FInance Director and Secretary /CFO
Baraka Petroleum has appointed Mr. Anthony Veitch as Finance Director (Non-Executive) and Mr. James Moran as Company Secretary and Chief Financial Officer.
Read More at Rigzone…