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Frost & Sullivan Lauds Chloride for its Robust Growth During the Economic Downturn That Saw Its Competitors Being Left Far Behind in the European UPS Market

LONDON, Feb. 1 /PRNewswire/ — Based on its recent research on the uninterruptible power supplies (UPS) market, Frost & Sullivan presents Chloride with the 2009 European Frost & Sullivan Award for Company of the Year. While the past year has se…

[ More ] February 1st, 2010 | No Comments | Posted in Business |

Menicon Partners with Optimed in Exclusive Distribution Agreement

COVENTRY, England, Feb. 1 /PRNewswire/ — Optimed Ltd. and Menicon Co., Ltd. announced on January 26 the expansion of Optimed products into the Asia market by the appointment of Menicon as exclusive distributor for Japan and Taiwan.
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[ More ] February 1st, 2010 | No Comments | Posted in Business |
 

Shareholders extend deadline for Hynix stake bids

SEOUL (Reuters) – Shareholders of Hynix Semiconductor have extended the deadline for preliminary bids for a controlling stake in the memory chip maker, in their latest efforts to find a buyer before turning to market sales.

[ More ] February 1st, 2010 | No Comments | Posted in Deals |

Bloomingdale’s opens first non-U.S. store in Dubai

DUBAI (Reuters) – New York’s famed Bloomingdale’s department store opened its doors in the Middle East’s biggest mall on Sunday in its first foray outside its home market.

[ More ] February 1st, 2010 | No Comments | Posted in Business |
 

Reason #5 to Short the U.S.: The Market Is Overvalued

Filed under: Bad NewsThe market is wildly overvalued given the trajectory of the economy and is being driven by traders.The trade of the day continues to be dollar/commodities/China, but more and more, individual stocks are being rewarded or whacked…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

Reason #4 to Short the U.S.: The Banks

Filed under: Bad News, Goldman Sachs Group (GS), Morgan Stanley (MS)Banks are the kink between the financial markets and the Main Street economy. They are also the lubricant — when they are lending — of a growing economy.Using time-honored but now…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |
 

Tesla Revs Up for an IPO

Filed under: Next Big Thing, Initial Public OfferingsThe widely anticipated IPO for Tesla Motors is finally here. Based in Silicon Valley, the company designs and manufactures high-performance, fully electric cars. The investors include the co-found…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

Toyota Recall: First Estimates of Sales Impact

Ockham Research submits: On Wednesday, we wrote that investors should stay far away from Toyota Motor (TM) following their unprecedented recall of 8 popular models (Toyota’s Stuck Accelerators Cause Investors to Slam on the Brakes). Initial e…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

ECRI: Recovery to Keep Going

The Pragmatic Capitalist submits: The ECRI’s leading indicator is undeterred despite the recent market swoon. Their weekly leading indicator continues to point to recovery. The ECRI said its leading index rose to 131.4 versus last week&rsquo…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

Recalls not a worrying issue in Japan as they are in U.S.

(ChinaPost.com.tw) – American Toyota owners are understandably alarmed about ballooning recalls over faulty gas pedals and floor mats. In Japan, the automaker’s home market, where there have been no such recalls, the reaction is — also understandably…

[ More ] January 31st, 2010 | No Comments | Posted in Business |