Financial News

Auto Industry Fails To Provide Better Support To The Economy – (F, TTM, GM, TM)

Auto Industry Fails To Provide Better Support To The Economy – (F, TTM, GM, TM)

August 6, 2012 at 1:24 pm 0 comments

For the U.S. auto industry, there were mixed sentiments in July. Although overall light vehicle sales rose 8.9% as compared to the same period last year, the economy is still not where it should be and dealerships have not beenRead More

Schweppes Zimbabwe Doubles Beverage Output With Krones AG Installing The Production Line – (ABV, BUD, FMX, KO)

Schweppes Zimbabwe Doubles Beverage Output With Krones AG Installing The Production Line – (ABV, BUD, FMX, KO)

August 6, 2012 at 1:19 pm 0 comments

Schweppes Zimbabwe has raised its beverage production to double after the commissioning of its new US$14,5 million hot juice fill line. German firm Krones AG was the one to install the production line.The new line is capable of producing 18,000Read More

Majority Of The Consumer Goods Sector Seek Ways To Improve Accuracy – (KFT, PM, XRX)

Majority Of The Consumer Goods Sector Seek Ways To Improve Accuracy – (KFT, PM, XRX)

August 6, 2012 at 1:16 pm 0 comments

ToolsGroup and the Global Market Development Center (GMDC) released the Consumer Goods Supply Chain Forecasting Survey showing that despite two-thirds of firms in the consumer goods supply chain believe sales volatility and estimate accuracy a high businesses priority, half stillRead More

Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

August 6, 2012 at 1:08 pm 0 comments

Mitt Romney was endorsed by two celebrities earlier last week. On Friday, Clint Eastwood, star of such hit films as Dirty Harry, Unforgiven, Million Dollar Baby, and Gran Torino supported Romney. He explained his endorsement for the Republican nominee sayingRead More

Services Sector Maintains Growth In July Amid New Orders

Services Sector Maintains Growth In July Amid New Orders

August 6, 2012 at 1:01 pm 0 comments

The growth rate in the vast services sector slighly gained in last month as new orders advanced, but jobs declined to its worst level in about a year, according to a recently released industry report. The Institute for Supply ManagementRead More

North American Power And Utilities M&A Activity Falls Due To Economic Problems And Low Gas Prices – (EXC, DUK, SO)

North American Power And Utilities M&A Activity Falls Due To Economic Problems And Low Gas Prices – (EXC, DUK, SO)

August 6, 2012 at 12:53 pm 0 comments

North American power and utilities mergers and acquisitions (M&A) activity continued to fall in the first six months of 2012 with companies in the sector continuing to face doubts across the slow economic recovery, record low natural gas prices, pendingRead More

Indonesia Further Raises Industrial Output As Domestic Consumption Increases – (GE, PHM, BA)

Indonesia Further Raises Industrial Output As Domestic Consumption Increases – (GE, PHM, BA)

August 6, 2012 at 12:42 pm 0 comments

Indonesia has further increased its manufacturing activity in the second quarter as strong home demand compensated for weak foreign consumption, according to the most recent data released by the Central Statistics Agency (BPS). The level of output from the country’sRead More

South Korea’s Large Conglomerates Opposes Restrictions By The Democratic United Party – (DOW, CAT, UTX)

South Korea’s Large Conglomerates Opposes Restrictions By The Democratic United Party – (DOW, CAT, UTX)

August 6, 2012 at 12:28 pm 0 comments

South Korea’s main opposition Democratic United Party (DUP) said today it is going to take steps to raise tax rates for high-income earners and conglomerates in order to use the proceeds to boost welfare programs for the working class andRead More

Mitt Romney Comments Against New Stimulus Programs By The Fed And Congress – (BBT, HBAN, USB)

Mitt Romney Comments Against New Stimulus Programs By The Fed And Congress – (BBT, HBAN, USB)

August 6, 2012 at 12:14 pm 0 comments

Mitt Romney said in an interview to CNN on Sunday that he opposes any new spur programs by the U.S. Federal Reserve and Congress, while Democrats continued their call for the presumptive Republican presidential candidate to release his income taxRead More

U.S. Housing Market Growth Drives High Yielding REITs – (ARR, CIM, AGNC)

U.S. Housing Market Growth Drives High Yielding REITs – (ARR, CIM, AGNC)

August 6, 2012 at 11:57 am 0 comments

The steady growth of the U.S. housing market this year has led high returns from the real estate investment trusts. The Vanguard REIT ETF, which compiles the performance of an index that evaluates the performance of publicly traded equity REITs,Read More