UPDATE 1-Market Chatter — Corporate finance press digest
BANGALORE, Feb 1 (Reuters) – The following corporate
finance-related stories were reported by media on Monday:
Jordan 4th largest microfinance market in Arab world
<ul><li>Public Affairs Officer Citi </li><li>Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. </li><li>Through its two…
San Jose Mercury News, Calif., Troy Wolverton column: Palm losing pace with Pre Plus
<ul><li>Jan. 31–When Palm launched the Pre smartphone last June, I considered it a close second to the iPhone in the race for best smartphone on the market. </li><li>Last week — at long last — Verizon began selling Palm phone…
Med-tech poised to beat market, analysts say: A strengthening economy and less uncertainty in health reform could bode well for a sector that many investors have been ignoring.
<ul><li>Jan. 31–As lawmakers wrestled with health care reform during the last year, many investors passed on medical technology stocks. </li><li>Med-tech stocks are poised to outperform the overall market this year, according t…
The Knoxville News-Sentinel, Tenn., Sam Venable column: Have an E. coli and a smile
<ul><li>Jan. 31–If Tennessee Gov. Phil Bredesen had a wicked sense of humor, he’d pick up the telephone sometime this weekend and dial his Georgia counterpart, Sonny Perdue. </li><li>Bredesen: "Naaa, nothing quite that dra…
KAB launches operations in Kuwait
<ul><li>Jan. 31–KUWAIT — The Kuwait Asia Brokerage (KAB) launched its operations in Kuwait yesterday with the unveiling of various investment tools for its global clients. </li><li>On this occasion, the Vice Chairman of KAB in…
VV2 to go back on market?: City still scrambling to resolve $126 million dispute with GE
<ul><li>It’s been nearly four months since the city quietly selected a New Jersey company as the leading contender to buy development rights for the planned $1.2 billion Victorville 2 power plant. </li><li>While city staff offic…
Weekly Market Review Feb 1st, 2010
Last week was a terrible week for riskier assets. Fears in the market about Greece’s fiscal situation continued to reek havoc on European bonds, currencies, commodities and the equity markets. At one point, Greek 10 year yields moved up 5…
Apple iPad Hype
"Crazy" isn’t even the right word to describe this market…
That’s because people are spooked. They’re looking for any reason to sell. They’re ignoring great earnings reports, opting to sell on fears that Obama is anti-business; or that inf…
Jan 25-29: Dow, Nasdaq, Down Again; Solar Up A Sliver
Market still in funk…
The Dow Jones Industrial Averages and the NASDAQ continued their slide this week but not nearly as bad as last week’s bloodbath. Solar stocks in the 20SSI fared a little better inching the index up nearly three points. Februa…