Archive for the ‘management’ Category

Wall Street continues its ascent

September 3, 2010

Wall Street finished higher on Thursday, avoiding the profit-taking after surging the day before with the announcement of an unexpected recovery of promises in real estate sales and falling jobless claims. In volumes remain relatively low, the Dow Jones finished with a gain of 50.63 points, or 0.49%, to ...

Decrease in net income of Berkshire after losses on derivatives

August 7, 2010

Berkshire Hathaway reported Friday a 40% drop in net profit in the second quarter, falling equity markets have depreciated the value of certain derivatives contracts it holds. The fund headed by Warren Buffett, however, reported an operating profit up 73% driven by the acquisition of the rail operator Burlington ...

Strong growth in services in the euro area, differences

August 4, 2010

Growth in the services sector in the euro area has accelerated in July, but with differences between the duo Franco-German leaders, and the South behind, shows the PMI survey published by the private institute Markit Economics. Calculated based on responses from some 2,000 companies, the final index Markit activity ...

Oil prices finish up 0.7% in New York

July 19, 2010

Oil closed up for the first time in four sessions on Monday on the New York market, thanks to gains on Wall Street and tightness in the refining world following the closure of a major Chinese port. The contract on August U.S. light crude ended on an increase of ...

Outlook uncertain for Citi and Bank of America

July 16, 2010

Bank of America and Citigroup reported earnings above expectations, due to a drop in credit losses, but prospects are uncertain declines in their share price. As at JPMorgan Chase, which published its accounts on Thursday the results of Citi and BofA in the investment bank emerged down, which does ...

The U.S. auto market recovery seems fragile

July 1, 2010

Car sales in the U.S. fell in June from the previous month and the major manufacturers do not believe in for the second semester, they foretold the return earlier this year. The American automotive market, the world's second largest after China, shows a slowdown similar to that suffered by ...

What would happen if France swallowed the potion Greek

May 4, 2010

Blood and tears. This program requires that the Papandreou government in Greece for years to come, to avoid bankruptcy in the country. He promised to markets to reduce the deficit from 14% of GDP in 2009 to 3% in 2014. A huge effort, obviously very painful socially, which requires ...

© 2010 - Online Business World

Recent Comments