Apple press falls into Microsoft's trap


Source: Business and financial news - CNNMoney.com | 5 Apr 2009 | 2:46 pm

Wall St Week Ahead: Optimism may extend rally in short week (Reuters)

Simon Chetrit, left, of Manhattan, wears a gas mask as hundreds of people participate in a pillow fight in front of the New York Stock Exchange on Saturday, April 4, 2009 in New York.  (AP Photo/Mary Altaffer)Reuters - U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.



Source: Yahoo! News: Stock Markets News | 5 Apr 2009 | 2:44 pm

Wall St Week Ahead: Optimism may extend rally in short week

NEW YORK (Reuters) - U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.

Source: Reuters: Business News | 5 Apr 2009 | 2:44 pm

GM CEO open to bankruptcy 'if it's required'

GM still prefers to do its restructuring without bankruptcy protection, Henderson said in an interview taped by CNN Friday for its program "State of the Union." Henderson's predecessor...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 2:29 pm

HSBC rights issue 97% taken up

Investors bought 96.6% cent of the shares offered in HSBC's record £12.9bn rights issue, Europe's biggest bank said on, and it expects to place the rump on Monday
Source: Financial Times - US homepage | 5 Apr 2009 | 2:24 pm

North Korea fires rocket over Japan

North Korea has fired a rocket over Japan into the Pacific Ocean on Sunday, sparking what is expected to be a bitter international dispute over whether Pyongyang used the launch to expand its nuclear weapons technology
Source: Financial Times - US homepage | 5 Apr 2009 | 1:42 pm

Swiss bank UBS stops staff seeing clients abroad

Switzerland's embattled bank UBS has banned wealth management advisors from making business trips abroad to see foreign clients, a spokeswoman for the bank said Sunday. Swiss media...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 1:18 pm

NewsWatch: Earnings test is on the way, with banks again in focus

The first-quarter reporting season, which officially starts next week, is expected to be bad. But with expectations for corporate results already so low, an improving economic backdrop and banks being given free rein to revalue some of their mortgage-related assets, chances are investors will still applaud.


Source: MarketWatch.com - Top Stories | 5 Apr 2009 | 1:00 pm

HSBC hails rights issue after nearly 97% take-up

Europe's biggest bank HSBC announced a 96.6 percent take-up Sunday for its 17.7 billion dollar rights issue announced last month after a plunge in profits. The rights issue was hailed as
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 12:33 pm

Management to buy out Robert Dyas

Electrical retailer Robert Dyas is to be bought by its senior management in the next week, the BBC learns.
Source: BBC News | Business | World Edition | 5 Apr 2009 | 11:25 am

Strong support for HSBC cash call

Existing HSBC shareholders take up 96.6% of the new shares they are offered, raising $17.7bn (£12.5bn).
Source: BBC News | Business | World Edition | 5 Apr 2009 | 11:20 am

Economic Preview: Trade deficit to narrow as global slowdown wounds demand

As tremors from the global slowdown and credit crunch continue to shake international trading partners, upcoming data is likely to show a further narrowing of the U.S. trade deficit.


Source: MarketWatch.com - Top Stories | 5 Apr 2009 | 11:00 am

Rumor Of The Day: Goldman Sachs (GS) Will Raise Capital

There are more rumors that Goldman Sachs (GS) will pay back its TARP funds. The latest comes from the London Telegraph which says that Goldman may announce that it is raising money when it releases earnings on April 14. Since almost every indication is that Goldman does not need the capital to pay back the money, the [...]

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Source: 24/7 Wall Street | 5 Apr 2009 | 9:47 am

When Do The Jobless Become The Homeless?

The federal government cannot give financial assistance to each person who losses a job for a years after they are terminated. It would cost too much. So, the current limit is 59 weeks. What happens then? According to The New York Post, “Precise figures are hard to determine, but Wayne Vroman, an economist at the Urban [...]

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Source: 24/7 Wall Street | 5 Apr 2009 | 9:23 am

The Congressional Budget Office Says Taxpayers Are Shafted

The cost of the TARP is going to be more expensive thanoriginally budgeted and the taxpayer will be left holding the check. What a surprise. The government will be wrong on the costs of a lot of bailout programs, so this is just the first in a long lists of items which will eventually have [...]

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Source: 24/7 Wall Street | 5 Apr 2009 | 9:07 am

Recession outlasts even extended jobless benefits

In the coming weeks and months, hundreds of thousands of jobless Americans will exhaust their unemployment benefits, just when it's never been harder to find a job. Congress extended...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 8:57 am

A peaceful Los Feliz oasis

A majestic 1936 Mediterranean-style estate echoes with history.

Seventy-three years ago, in the hills above Los Feliz Boulevard, architect Percy Parke Lewis finished a Mediterranean-style estate that captured sunshine, breezes and impressive views from every window.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Thinking of jumping back into the stock market?

Rallies like the recent sharp upturn tend to give reluctant investors the urge to buy again. Weigh your options, but remember that this rally may or may not be for keeps.

Ready to give the stock market a try?


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Would-be buyer needs to consider a 'starter home'

A physician with a high income and stable job can't get a mortgage on the $1-million home he wants because he doesn't have a 20% down payment.

Dear Liz: I am 33 and a physician who just started working nine months ago. I have a stable job with an annual income of $250,000. My wife doesn't work and we have one child. I want to buy a house in San Diego, where you can't find a nice home in a neighborhood with a good school district for less than $1 million. I don't have the 20% the lenders want for a down payment. I don't even have 5%. I checked with most banks, and none are willing to give a mortgage without at least 20% down, even with a stable job and high income. It will take me about 10 years to collect enough money for a 20% down payment to buy a more than $1-million house. So there is really no way for me to take advantage of today's lower prices because the banks are not giving out loans to anyone.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Making Home Affordable program may enable millions to refinance mortgages

Borrowers whose loans are owned or guaranteed by Fannie Mae or Freddie Mac could be able to get quick refinances for up to 105% of a home's value.

So you want to refinance your house, but it's not worth enough for you to get a good loan in the current market? A new Obama administration program is designed to fix that problem for millions of homeowners.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Bill would fundamentally reform home mortgage industry

If the proposed rules and standards had existed earlier in the decade, supporters say, they could have eliminated many of the abuses that distorted the market from 2002 through 2006.

Top legislators on Capitol Hill are preparing to take up a comprehensive plan that would fundamentally reform the home mortgage market, starting this year.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Laugh Factory owner is serious about comedy

Jaime Masada emigrated from Iran at age 14 and opened the Laugh Factory in 1979 at age 16. Thirty-three years later, the club is still a popular place for comedians to dish out one-liners.

The gig: Owner of the Laugh Factory, considered one of the best comedy clubs in the country. The flagship club on Sunset Boulevard in Hollywood has been open since 1979. Last year, Masada opened a $10-million location in Long Beach.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

How to lock in the lowest mortgage rate in today's tough market

The days of scoring a great loan despite having a modest amount of equity and so-so credit are over as lenders tighten their standards. That's why it's a good idea to shop around for offers.

Refinancing today is not the same game it was a few years ago, when homeowners with even a modest amount of equity and just so-so credit could score a great loan.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Hooked on free Web services? Prepare to pay

Free access to e-mail, bank accounts and networking sites -- now taken for granted -- may soon be a thing of the past.

The Web is a great place to freeload. But that could be changing.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Dubious ads invade social networking sites

The Better Business Bureau warns that misleading ads for weight-loss products, work-at-home opportunities and offers for 'free' computers are now popping up on sites such as Facebook.

Old scams never die, they just move to new venues.


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

Sony lowers price of PlayStation 2 game console to $99

GAME CONSOLES
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Sony lowers price of PlayStation 2 game console to $99

GAME CONSOLES


Source: L.A. Times - Business | 5 Apr 2009 | 7:00 am

How to lock in the lowest mortgage rate in today's tough market

The days of scoring a great loan despite having a modest amount of equity and so-so credit are over as lenders tighten their standards. That's why it's a good idea to shop around for offers. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Bill would fundamentally reform home mortgage industry

If the proposed rules and standards had existed earlier in the decade, supporters say, they could have eliminated many of the abuses that distorted the market from 2002 through 2006. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Laugh Factory owner is serious about comedy

Jaime Masada emigrated from Iran at age 14 and opened the Laugh Factory in 1979 at age 16. Thirty-three years later, the club is still a popular place for comedians to dish out one-liners. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Dubious ads invade social networking sites

The Better Business Bureau warns that misleading ads for weight-loss products, work-at-home opportunities and offers for 'free' computers are now popping up on sites such as Facebook. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

A peaceful Los Feliz oasis

A majestic 1936 Mediterranean-style estate echoes with history. Seventy-three years ago, in the hills above Los...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Would-be buyer needs to consider a 'starter home'

A physician with a high income and stable job can't get a mortgage on the $1-million home he wants because he doesn't have a 20% down payment. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Making Home Affordable program may enable millions to refinance mortgages

Borrowers whose loans are owned or guaranteed by Fannie Mae or Freddie Mac could be able to get quick refinances for up to 105% of a home's value. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Thinking of jumping back into the stock market?

Rallies like the recent sharp upturn tend to give reluctant investors the urge to buy again. Weigh your options, but remember that this rally may or may not be for keeps. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Hooked on free Web services? Prepare to pay

Free access to e-mail, bank accounts and networking sites -- now taken for granted -- may soon be a thing of the past. ...
Source: RSS feed - channel BNPaperBusiness | 5 Apr 2009 | 7:00 am

Kidnapped UN official released in Pakistan

UNHCR's John Solecki, kidnapped in south-western Pakistan two months ago, has been released by the militant group that abducted him
Source: Financial Times - US homepage | 5 Apr 2009 | 6:31 am

Zachary Michaelson Teaches New York University's Options Course for Professional Studies

NEW YORK, April 5 /PRNewswire/ -- href="http://www.zacharymichaelson.com/">Zachary Michaelson , an adjunct lecturer and experienced hedge fund portfolio manager, has been...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 5:48 am

Telekom Malaysia to bid for EPL broadcast rights

Malaysia's state-owned Telekom Malaysia may bid for exclusive rights to show live matches in the next three English Premier League seasons, from 2010 to 2013, a report said Sunday. The...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 5:07 am

Bulgarian construction sector fears for EU funds

Bulgaria's crisis-hit construction sector fears that many EU-funded infrastructure projects will be mothballed as the general election approaches and EU aid remains blocked over corruption...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 5:05 am

AT&T and union talks continue past deadline

Core wireline contracts in the Eastern time zone expired at 11:59 p.m. Saturday, but union-represented employees covered by those contracts continued to work under the old agreements,...
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 4:33 am

Pistachio Growers and Processors Announce New Web Site to Inform Consumers, Retailers of Safe Pistachio Brands

Pistachiorecall.org lists brands unaffected by the voluntary recall FRESNO, Calif., April 4 /PRNewswire/ -- As part of ongoing collaboration with the United States
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 3:53 am

Shell's Sarnia refinery maintenance to start Apr 15

TORONTO, April 4 (Reuters) - Scheduled maintenance at Royal Dutch Shell Sarnia refinery will start on April 15, the Sarnia Observer said on Saturday, citing a letter sent to local residents.
Source: RSS feed - channel BNewsBusiness | 5 Apr 2009 | 3:02 am

G20 gives us less reason to wallow in the gloom

So what is the verdict on the G20 meeting? Now that the international caravan has moved on, will we look back on it as a triumph, a turning point, or a strange little footnote in economic history?
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

HSBC’s success is also a triumph for the City

Tomorrow HSBC will confirm that investor take-up on its £12 billion rights issue is a smidgen over 94%. The final count is taking place today, but the fundraising can already be called a triumph — not just for the bank but also for London.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Staff left in the lurch by car industry crash

Donal Murphy had an offer of early retirement in January. With nearly 40 years’ service at the same car-parts plant in Belfast, the 57-year-old was looking at a pension of about £38,000 a year as well as the payoff cheque.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Bonus busters

AS they were ushered from armour-plated limousines with helicopters buzzing overhead, each of the world’s 20 most powerful leaders arriving last Thursday at the ExCel Centre in east London had a distinct list of priorities.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Sir Stelios Haji-Ioannou reviews grip on Easyjet

THE Easyjet founder, Sir Stelios Haji-Ioannou, is preparing to renegotiate the controversial relationship agreement that gives him a strong grip on the budget airline’s board.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Cadbury chews over expansion

CADBURY plans a surprise European expansion with a takeover of Chewits manufacturer Leaf International.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Ford’s ‘guarantee’ to Visteon staff

Background papers
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Whitehall demanded BAA probe

WHITEHALL OFFICIALS asked Merrill Lynch, the investment bank, to investigate the “robustness” of BAA’s finances before Christmas after a slump in the the airport operator’s bonds.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Oil boss Frank Chapman bags £11m

FRANK CHAPMAN, the chief executive of BG Group, pocketed £10.9m in base salary, bonus and shares last year, making him one of the best paid bosses in the FTSE 100.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Leitch in line for top Lloyds job

CITY GRANDEE Lord Leitch is being lined up as the new senior independent director of Lloyds Banking Group.
Source: Latest Business News from Times Online | 4 Apr 2009 | 11:00 pm

Bulls face a challenging week

As Wall Street comes off its best four-week run since the 1930s, investors are getting a bit more confident about the longevity of the current rally. But should they be?
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 9:26 pm

Week 11: Obama fires a CEO

President Obama fired a CEO, threatened to let two automakers file for bankruptcy, made his first appearance at a summit of world leaders, and saw the blueprint for his budget pass some congressional hurdles.
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 9:14 pm

Your taxes: What's to come

Changing tax policies is always fraught with political and economic risk. Never more so than now, given the country's deep fiscal hole and competing theories on how best to aid economic recovery.
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 9:13 pm

Signs of life in California real estate

No state has been harder hit by the housing bust than California.
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 9:12 pm

Vasectomies and abortions on the rise as economic meltdown hits US families

The economic meltdown is exerting its toll on the most intimate decisions about family life in America.
Source: Telegraph Finance | 4 Apr 2009 | 9:06 pm

NewsWatch: Earnings test is on the way, with banks again in focus

The first-quarter reporting season, which officially starts next week, is expected to be bad. But with expectations for corporate results already so low, an improving economic backdrop and banks being given free rein to revalue some of their mortgage-related assets, chances are investors will still applaud.


Source: MarketWatch.com - Top Stories | 4 Apr 2009 | 9:00 pm

Darling considers candidates for UKFI chair

Alistair Darling the Chancellor is this weekend considering a list of heavyweight City figures to chair UK Financial Investments the body set up to manage the taxpayer's huge exposure to Britain's banking industry.
Source: Telegraph Finance | 4 Apr 2009 | 8:33 pm

RBS lines up veteran audit chief

RBS has asked Brendan Nelson to become a nonexecutive director and to chair its audit committee as part of the statebacked lender's efforts to convince investors it is drawing a line under its vast recent losses.
Source: Telegraph Finance | 4 Apr 2009 | 8:28 pm

Goldman considers share sale

Goldman Sachs is considering a multibillion dollar share issue to fund the repayment of its 10bn US government loan.
Source: Telegraph Finance | 4 Apr 2009 | 8:27 pm

Lastditch talks to save 1200 jobs at Robert Dyas

Talks involving Lloyds Banking Group are under way to avert the collapse of the high street hardware chain.
Source: Telegraph Finance | 4 Apr 2009 | 8:27 pm

Mystery buyer stalks Chorion's sleuths

Intellectual property firm Chorion is in talks to sell its literary estates arm home to the works of renowned crime authors including Agatha Christie.
Source: Telegraph Finance | 4 Apr 2009 | 8:05 pm

Madoff victims turn spotlight on PwC auditing role

Investors in Fairfield Sentry the feeder fund that has been the biggest casualty of the Bernard Madoff fraud have begun raising questions about the role of the hedge fund's auditors PricewaterhouseCoopers.
Source: Telegraph Finance | 4 Apr 2009 | 7:30 pm

Car industry crisis deepens as sales fall further

Britain's car industry is to intensify calls for government help tomorrow with the publication of figures showing new car sales fell by up to 30pc last month.
Source: Telegraph Finance | 4 Apr 2009 | 7:29 pm

Deutsche Post eyes Royal Mail

Deutsche Post Europe's largest mail company has emerged as a contender to acquire a stake in Royal Mail after a delegation of its top managers met with the UK company's advisory board.
Source: Telegraph Finance | 4 Apr 2009 | 7:28 pm

Anglo American seeks new chairman

Mining group Anglo American has restarted its search for a new chairman months after a boardroom split scuppered the appointment of Sir John Parker to the role.
Source: Telegraph Finance | 4 Apr 2009 | 7:27 pm

State pension funds weigh toxic assets: report

CHICAGO (Reuters) - Representatives from at least 15 U.S. states discussed with a federal regulator the possibility of using their pension funds to buy troubled loans and securities, or "toxic assets," the Bergen County Record in New Jersey reported.

Source: Reuters: Business News | 4 Apr 2009 | 7:26 pm

State pension funds weigh toxic assets: report (Reuters)

Reuters - Representatives from at least 15 U.S. states discussed with a federal regulator the possibility of using their pension funds to buy troubled loans and securities, or "toxic assets," the Bergen County Record in New Jersey reported.
Source: Yahoo! News: Business | 4 Apr 2009 | 7:26 pm

Estimated U.S. taxpayer cost for bailout jumps

WASHINGTON (Reuters) - U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government's financial rescue program to $356 billion, an increase of $167 billion from earlier estimates.

Source: Reuters: Business News | 4 Apr 2009 | 7:19 pm

Estimated U.S. taxpayer cost for bailout jumps (Reuters)

Reuters - U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government's financial rescue program to $356 billion, an increase of $167 billion from earlier estimates.
Source: Yahoo! News: Business | 4 Apr 2009 | 7:19 pm

IBM cuts Sun Micro offer to $9.50 a share: source

TORONTO (Reuters) - International Business Machines has lowered its offer price for Sun Microsystems to $9.50 a share from $9.55 a share, although they are still in talks and the deal is not final, a source with knowledge of the matter said on Saturday.

Source: Reuters: Business News | 4 Apr 2009 | 6:03 pm

IBM cuts Sun Micro offer to $9.50 a share: source (Reuters)

Reuters - International Business Machines has lowered its offer price for Sun Microsystems to $9.50 a share from $9.55 a share, although they are still in talks and the deal is not final, a source with knowledge of the matter said on Saturday.
Source: Yahoo! News: Business | 4 Apr 2009 | 6:03 pm

French investment firm seeks to seize Madoff yacht

PARIS (Reuters) - French investment manager Meeschaert said on Saturday it had applied for the seizure of a yacht owned by a Bernard Madoff company as part of a battle to claw back client losses from the jailed fraudster.

Source: Reuters: Business News | 4 Apr 2009 | 5:39 pm

Hedge Fund Performance: 03/30-04/03

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Source: Dealbreaker | 4 Apr 2009 | 5:15 pm

Nato commits additional Afghan troops

Nato heads of government overcome differences that had threatened to mar their 60th anniversary summit in Strasbourg and Kehl when they appointed the Danish PM as their new secretary-general
Source: Financial Times - US homepage | 4 Apr 2009 | 4:36 pm

Morgan Stanley's Gallo stepping down as equities head: report

CHICAGO (Reuters) - Fabrizio Gallo, Morgan Stanley's global head of equities, is leaving the Wall Street firm, according to a report in The Wall Street Journal.

Source: Reuters: Business News | 4 Apr 2009 | 4:06 pm

NewsWatch: Earnings test is on the way, with banks again in focus

The first-quarter reporting season, which officially starts next week, is expected to be bad. But with expectations for corporate results already so low, an improving economic backdrop and banks being given free rein to revalue some of their mortgage-related assets, chances are investors will still applaud.


Source: MarketWatch.com - Top Stories | 4 Apr 2009 | 4:00 pm

New York Times Co. threatens to shut down Boston Globe

The New York Times Co. has threatened to shut down The Boston Globe unless the newspaper's unions agree to $20 million in concessions, the Globe reported on its Web site.


Source: MarketWatch.com - Top Stories | 4 Apr 2009 | 3:39 pm

Stretching out your dollar

Kiwis suffering from "recession depression" are urged not to blow the extra cash in their pay packets from tax cuts, which come on the back of latest figures from the Reserve Bank and Statistics New Zealand showing we're finally taking...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Seeds of a pleasant revolt

When the Royal Commission on Auckland Governance announced its super city proposal last week, the loudest voices of dissent were raised in the far north of the Auckland region, in Rodney District. Up there in Orewa, Warkworth and...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Bernard Hickey : Credit where it's overdue

The Listener magazine published a front-page article last week titled: "Bankers! How Aussie banks are squeezing Kiwis". As is often the case, the headline was much stronger than the article underneath, which was more balanced and...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Martin Hawes : Godzone too small to bank on

I love New Zealand - its land, institutions and people - and never feel terribly comfortable anywhere else. However, I would not have all my money here. For all its virtues, New Zealand has a small, vulnerable economy. To invest...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Top tips : On how to beat customer churn

Paul Roberts of business consultancy Igniter gives tips on how to beat customer churn. Why aren't customer loyalty schemes enough to retain my customers? Fundamentally, customer loyalty schemes are fine. Rewards given to customers...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Bryers 'spiritual leader' of Blue Chip

Mark Bryers saw himself as Blue Chip's "spiritual" leader and mentor, and was convinced he could stop the company from collapsing despite $42.5 million being unaccounted for. The revelations come in a damning 43-page affidavit...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Bill Ralston: Is it Worth all the effort?

Helen Clark's former media trainer, Brian Edwards, was in the news this week calling for an end to the "media honeymoon" with Prime Minister John Key. Certainly Key and his Government have had a remarkably flak-free first...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Olly Newland : Hedge your bets or try threats to get free

Despite the financial crisis, the future holds huge opportunities for those prepared to take cautious risks. Property's great advantage is its tangibility - it doesn't disappear overnight as other investments can. But borrowers...
Source: New Zealand Herald - Business | 4 Apr 2009 | 3:00 pm

Earnings Outlook: Earnings test is on the way, with banks again in focus

The first-quarter reporting season, which officially starts next week, is expected to be bad. But with expectations for corporate results already so low, an improving economic backdrop and banks being given free rein to revalue some of their mortgage-related assets, chances are investors will still applaud.


Source: MarketWatch.com - Top Stories | 4 Apr 2009 | 2:43 pm

Fannie & Freddie Play AIG Bonus Game, Truth or Dare? (AIG, FNM, FRE)

Did you think that American International Group Inc. (NYSE: AIG) was a cluster-something on the bonus front?  The ‘retention’ bonuses of some $210 million that are heading out to Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) will either sound just as bad on the surface, or far worse if you are a compensation [...]

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Source: 24/7 Wall Street | 4 Apr 2009 | 2:12 pm

Map: Home price forecasts in your city


Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 1:42 pm

A startup's crusade: Make light cheaper


Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 1:39 pm

Why we're hemmoraging jobs

Employment at small businesses with 500 or fewer employees decreased by 614,000 positions in March, marking one of the sharpest drops yet in 14 consecutive months of declines, according to an employment report released Wednesday by payroll processor ADP.
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 1:34 pm

The American cars Obama wants

The Obama administration has made it clear: In order to get the billions of dollars of federal money that Chrysler and General Motors need to survive, they'll need to build and sell more fuel efficient vehicles.
Source: Business and financial news - CNNMoney.com | 4 Apr 2009 | 1:14 pm