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Saturday, July 16, 2011
Pavitra Rishta Zee TV has topped the list again with 5 Balika Vadhu followed by TVR (4.7), Uttara (4.3), Yeh Rishta Kya Hai Kehlata (4.2) and Saathiya (3.9).
No. 1 of India Indian general entertainment channel Star Plus has maintained its leadership with more than 300 GRPs. The channel is compatible with over 300 brands in the second consecutive week. At week 28, TAM 2011, Star Plus has recorded 309 GRPs (last week 311).
The second most watched Hindi GEC Colors has also maintained the status quo of last week. The channel has registered 252 GRPs in week 28 of the TAM 2011 (last week 253).
The No. 3 Hindi GEC Zee TV is back to losing 12 GRPs recorded this week and 193 GRPs in people TAM meters (205 GRPs last week). Zee TV GRPs remained over 200 for consecutive 4 weeks.
After adding 23 GRPs last week, Sony Entertainment Television has grown again at 28 weeks of TAM 2011. The channel has received 184 GRPs (last week 173).
SAB has recorded 131 GRPs (last week 134).
The season finale event swayamvara 3 - Ka Rishta has Ratan Delivery 5.1 TVR for Imagine Television. The channel had crossed 100 mark after a long time in the week of 27 TAM Mehandi and Sangeet 2011 as Season 3 swayamvara had worked well in the people meters. Now, with 5.1 TVR for the final event, the channel has gained 104 GRPs in week 28. (Last week 107).
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Shares Of India After The First Weekly Decline In Four, Cautious Outlook
0 comments Posted by org at 12:55 PMShares of India for its first session
weekly fall in four and shed 0.3 percent on Friday as
foreign funds chose to set the gains, the investor caution seen
increase ahead of policy review of the central bank this month.
Top software services exporter Tata Consultancy Services
bucked the trend and recovered to 4.8 percent, as
investors warmed to its forecast of beating quarterly earnings.
The 30-share index BSE fell 56.28 points
18,561.92, taking losses for the week to 1.6 percent, with 22 of
its components losing ground.
I had won 5.5 percent over the previous three weeks,
driven by the influx of foreign funds of $ 2.5 billion since June 23.
However, inflows have diminished by data showing foreign
institutional investors (FII) were sold in at least one day
this week, leading to doubts about their short-term movements.
"The short term outlook is clouded by the events of risk," said
Shankar Char, vice president and sales operations in the ICICI
Values.
"Developments in Europe, probably the actions of rating agencies,
Reserve Bank of India policy and national income - is
too many things. This is a wait and see. "
The participation rate of 50 NSE shed 0.3 percent to 5581.10
points.
ICICI Securities said the character of investor caution was reflected
volumes of anemia in the NSE fell to 445 million
actions of the average 90 days the daily volume of 580 million
actions.
"I think FIIs are just shifting money from a
geography to another. There appears to be a lot of
new flows, "said Sundar Subramaniam, senior director of sales
in brokerage Sharekhan.
"With Europe in trouble, who can benefit in the short term
terms of deviation of the flows, but the global risk appetite is close
off, "said Subramaniam.
Financial took the fall, with the index of banking sector
shedding 0.3 percent on concerns the central bank can
raise rates at its review on July 26 to control inflation sticky.
Inflation in Asia's third largest economy accelerated in June,
driven by higher prices of manufactured goods and fuel data,
showed on Thursday.
The main private sector lenders ICICI Bank and the top
mortgage lender Housing Development Finance Corporation
fell 0.8 percent and 1.4 percent respectively.
State Bank top lender of India bucked the trend and
edged 0.3 percent.
Investors also continued to monitor the progress of the monsoon
rains, crucial for a billion dollars in India's economy, and
investigations into the explosion on Wednesday in the financial sector
capital, Mumbai.
Monsoon rains were 19 percent below normal in the week
13 July, a slight increase from a quarter below the average in the
the previous week.
Prime Minister Manmohan Singh promised Thursday night to lead
to justice those responsible for the triple bombings in Mumbai, and
police questioned members of an Islamic militant crop
group.
TCS closed almost 2 percent, while its smaller rival
Wipro, which details their earnings on July 20, rose
0.8 percent.
After market hours on Thursday, surpassed the estimates with TCS
a 28 percent increase in quarterly net profit of Western customers
increased spending on technology services, but warned the world
uncertainty.
"The expansion of the target market, well-oiled engine supply
gains market share and dominant leadership in vertical markets
industry-leading support even more growth as it is larger
their peers, "said Kotak Securities in a note TCS.
Global stocks fell as measured by MSCI
0.1 percent by 1038 GMT, while emerging market stocks
barely changed.
MOVED Actions
* Bajaj Auto shed 0.6 percent to 1422.20 rupees,
after the Wall Street Journal reported that the second largest motorcycle
the manufacturer has shelved a project to develop a low-cost minicar
India with Renault SA and Nissan Motor Co,
saying it was commercially viable.
* Granules India Ltd rose 3.6 percent to 86.85
rupees after the company said it would create a joint strategic
Omnichem venture with Ajinomoto in India.
TOP 3 in volume, NSE
* Unitech in nearly 27 million shares
* Decoration Rushil at 14.5 million shares
* Suzlon Energy at 8.4 million shares
FACTORS TO WATCH
* For technical analysis, click www.reuterstechnicals.net
* India Rupee Report
* Indian bond report
* Euro falls on the nerves before the stress test of the EU banking
* Oil slips after S & P warns U.S. rating
* Gold record populations fail after Bernanke
U.S. * Stock futures signal mixed open
* For closing rates of Indian ADRs
(Edited by Malini Menon)
(Ami.shah @ thomsonreuters.com; +91-22-66369246; Reuters
Messaging: @ reuters.net ami.shah.thomsonreuters.com)
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Salal hydroelectric power in Reasi district of Jammu and Kashmir was closed on July 17 to check their operation.
"NHPC is taking Salal locking rod for tank discharge to verify the operation of Local Protection Back Breaker (LBB) in the House of Salal Power Protection on July 17 from 8.00 AM to 6.00 PM," a official spokesperson.
Is likely to disturb the position of power availability in the state, he said.
J & K State Power Development Department will use all possible means to meet energy shortages due to the closure of this power plant, but occasional cuts in some areas being fed from the Red Gladni station could become inevitable, said .
General public is requested to cooperate and use power wisely, the spokesman said.
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Wednesday, July 13, 2011
Small market baseball fans were treated to some good baseball in the first half of the 2011 MLB season. These four championship contenders started the season with a total payroll that ranked 25th or lower in the majors. These teams have less than half the payroll of big market franchises like the Chicago White Sox, Cubs and Mets. All figures are U.S. Today, estimating that at the beginning of the season.
Arizona Diamondbacks
The Arizona Diamondbacks are one of the four legitimate contenders entering the pennant-Star team with a payroll less than $ 75,000,000. The Diamondbacks have led to a total payroll of $ 53,639,833, 25 years in the majors. Their 26-24 record in three games has put the Giants in the NL West. They are also a short distance from the Atlanta Braves for the NL wild card.
Cleveland Indians
The Cleveland Indians are expected to challenge the Kansas City by the Central Division basement. A quick start and solid following them sitting in 47-42, a half-game back of Detroit. A $ 49,190,566, the Indians are one of the three teams that have a total payroll of $ 50,000,000 and stay in the race for the title. The Indians have lost three straight and it will be interesting to see if they can keep things come undone.
Pittsburgh Pirates
The Pittsburgh Pirates have not had the baseball postseason since losing seven-game series with the Atlanta Braves in the NLCS 1992. The Pirates were led by All-Star Andy Van Slyke and NL MVP Barry Bonds. At 47-43, they are only one game behind the St. Louis Cardinals and Milwaukee Brewers in the lead in the AL Central. They are characterized by one third lowest payroll in the majors total $ 45,047,000. At $ 1,553,344, which have the lowest average salary of anyone on this list.
The Pirates could open their checkbooks and increased fuel end of the season is going to attract a new generation of enthusiasts. Will they jump on the opportunity or exude confidence in their young talent?
Tampa Bay Rays
Tampa Bay Rays symbolize the spirit and competitiveness of small market franchises. They have shown that computers do not need nine-digit salaries to compete with the traditional powers and larger markets. The Rays won the American League pennant in 2008 and the AL East in 2010 despite playing in a division with the Yankees and Boston Red Sox.
Their 2011 payroll $ 41,053,571 began after separating from Carl Crawford (notes), Carlos Pena and Matt Garza (notes), last off-season. The Royals are the only organization with a lower payroll and are in rebuilding mode. That has not kept the Rays in six games will be removed from the Red Sox for the AL East and five from the Yankees for the AL wild card.
The Rays could double their payroll and still had 19. That is phenomenal, while the passionate game which Cubs.
Joshua Huffman was raised in the Upper Peninsula of Michigan and Green Bay Packers and Chicago Cubs fan. He immediately won the admiration of Cubs fans after watching many games on WGN for the 1990. His favorite was when Cubs Kerry Wood (Notes) 1-hitter, 20K show that he was denied only by a no-hitter Kevin Orie's defensive error. As a fan of the Packers and the Cubs, who suffered through Steve Bartman and "4 and 26" over a period of three months.
Tags:metrodeal, yeshiva world news, bbc world news, farmerama.hu, daily news
Monday, July 11, 2011
Alcoa Inc., the largest U.S. aluminum producer, said quarterly profit more than doubled after the high metal prices offset slightly increased raw material costs.
Net income rose to 28 cents per share of 13 cents a year earlier, New York, Alcoa said yesterday in a statement. Excluding revenue of $ 38 million of restructuring costs and takeover of debt and other special items were 32 cents per share, missing the average estimate of 33 percent of 14 analysts surveyed by Bloomberg. Sales gained 27 percent to $ 6.59 billion, beating the average estimate of $ 6.31 billion seven analysts surveyed by Bloomberg.
"The market should be pleased that Alcoa continues to show these strong year on year trends, and we have not seen a retreat from quarter to quarter basis the net income line," Jorge Beristain, Greenwich, Connecticut - Deutsche Bank AG analyst, said in an interview with Carol Massar and Matt Miller on Bloomberg Television "Street Smart." "They manage to hold the line on costs."
Aluminum prices have advanced in the last year in London as the use soared in China, the largest consumer, demand for U.S. auto industry and aerospace improvement. Alcoa CEO Klaus Kleinfeld reiterated its forecast for global demand will increase by 12 percent in 2011 and two late Asian countries to build more office buildings and buy more planes, cars and trains.
'Positive' Outlook
Alcoa, traditionally the first company in the Dow Jones Industrial Average earnings report, fell 9 cents to $ 15.82 at 7: 49 pm New York time in trading after hours on the NYSE. The shares advanced 45 percent in the last 12 months, the artist's third best in the Dow Jones.
Cost of sales - excluding the sale of general administration and some other expenses - rose 25 percent to $ 5.25 billion in higher prices for electricity, fuel oil, caustic soda and carbon products.
"We are growing in both margins and profitability faster than revenue," said Chief Financial Officer Chuck McLane in a conference call with analysts yesterday. "We are taking firm action to combat inflation in energy and raw materials."
Alcoa Primary aluminum production will increase to 30. 000 metric tons in the third quarter, the company said in a presentation posted on its website. The primary unit of aluminum, will also increase energy costs by $ 33 million in the quarter.
"Headwinds" from China
China's demand for aluminum automotive faces "headwinds" after "blisters" of growth in 2010 due to the disruption caused by the tsunami in Japan in March, and incentives to the Chinese government, Kleinfeld said in the call. The growth will be 5 percent to 8 percent, he said.
The slowest of the markets Alcoa is building and the construction of Europe and North America, said Kleinfeld.
"It's almost dead when it comes to Europe and the U.S.," Kleinfeld said in the call in connection with the construction. "We do not see the upward movement."
Globally, demand for aerospace advance of 7 percent this year, the automotive gain 4 to 8 percent, and commercial building and construction will grow by 1 percent to 3 percent, said Alcoa.
Alcoa Primary Aluminium production rose 5.8 percent 945,000 tons in the second quarter last year. Its average realized price increased 23 percent to $ 2,830 a tonne.
Aluminum for delivery in three months on the London Metal Exchange rose $ 8.75 to $ 2486.75 per tonne from 1:58 a.m. London time. The metal has advanced 26 percent in the last year.
Sunday, July 10, 2011
After spending two months Focused solely on the state of the U.S. economy, investor goodwill get a chance two turn Their eyes back to Corporate America this weekend.
Several key companies goodwill Their report results for the second quarterback this week, with investors getting profit reports from Dow members Alcoa (AA, Fortune 500) on Monday followed by JPMorgan Chase (JPM, Fortune 500) on Thursday. Citigroup (C, Fortune 500) and Google (GOOG, Fortune 500), Among Others, are also on loss two Their latest release sales and earnings.
"This Is Where We can get down to the fundamentals of this market and Finally see how companies are Actually doing in this economy," said Jack Ablin, chief investment officer of Harris Private Bank.
While only a dozen or so of the S & P 500 components are reporting this week, Alcoa, Google, and JPMorgan are Among the Biggest names in Their respective industries and extensive two be good, broad indicators of how companies are expected on two performances, Ablin said.
Expectations for this quarter's profits garden Become more subdued as of late as Analysts and investors continue two worry about the health of the economy. The Labor Department reported Friday That Employers created only 18,000 jobs in June, the father less than what The Economist HAD expected.
While this quarter's results Will Be closely watched, strategist said the Market Will Be listening even more closely to the Outlook That companies give for the third quarter and rema Indian of the Year.
"I'm going to ask looking at economic-cyclical companies and Particularly commodity-sensitive two companies see if companies Have Been comfortable two keep Productivity and profit margin high, despite the higher commodity costs," said Liz Ann Sonder, chief market strategist with Charles Schwab.
Stimulus on the cheap
Sondermann said She Remains optimistic about how companies did in the second quarter, saying That She believe the signs of an economic slowdown are more tied to the Japanese earthquake and bad weather in the U.S. Earlier this year.
"The Macroeconomics Concerns garden overturned into micro-economic Concerns about companies, and I do not think it's really Justified," Sondermann said.
Outside of earnings, investors' goodwill garden Several economic reports two digest this week, Including June retail sales figures as well as the closely-watched Inflation readings Wed producer and consumer prices.
On the Docket
Monday - Second-quarter earnings reports kick off in earnest after Tuesday's closing bell with results from Dow component Alcoa. The aluminum company is expected on two garden earned 32 cents per share.
There is no economic data scheduled for release on Monday.
Tuesday - Investors Will get the U.S. trade balance figures for May in the morning. Economists surveyed by Briefing.com expect the U.S. posted a $ 44 trillion trade deficit in May, Slightly wider than the $ 43.7 billion deficit for April.
Minutes from the Federal Reserve's Federal Open Market Committee meeting from June are Also due out in the afternoon.
Job market stinks! Let's buy U.S. bonds?
Wednesday - The Energy Department's weekly oil inventories report comes out in the morning.
Fed chairman Ben Bernanke Will Also begin administer semi-annual testimony two Congress about monetary policy and the economy on Thursday. Bernanke Will Appear before the Committee on Financial Services of the House of Representatives.
In earnings, fast-food company Yum! Brands (YUM, Fortune 500) as well as the hotel chain Marriott (MAR, Fortune 500) goodwill Their report earnings after the closing bell.
0:00 / 3:44 Is the euro a better bet than the dollar?
Thursday - JPMorgan Chase reports its second-quarter results before Monday's opening bell, with Analysts Expecting the commercial banking giant two garden earned $ 1.21 a share According to Thomson Reuters.
There are several at economic reports out Friday morning. The Labor Department goodwill issue its weekly jobless claims report and its June producer price index report, Also known as wholesale Inflation. The Commerce Department issues its reports on June retail sales as well.
Economist forecasts That weekly jobless claims held steady Mostly that 419,000 claims, up 1,000 from last week. Retail sales are expected on two case 02% for June and the producer price index is expected to Fall 0.3%.
Bernanke's testimony two Congress continues, with the Fed chairman appearing before the Senate's Committee on Banking, Housing, and Urban Affairs.
After the bell, Internet search giant Google will report its quarterly results. Analysts expect That Google earned $ 7.86 a share.
Friday - The Labor Department releases its June consumer price index data, the nation's most common read of Inflation, in the morning. Economists are looking for two CPI falls 0.1% versus the 0.2% rise reported in May.
Investors Will Also See June industrial production figures, the July reading on the University of Michigan consumer sentiment index and the Empire State Manufacturing Index.
Saturday, July 9, 2011
However the flour will be clearly labelled to give consumers freedom to choose. This came even as Cereal millers refuted claims that GMO maize has been imported into the country.
The chairman of cereal millers Diamond Lalji addressing the press on Friday, said millers are awaiting import and distribution guidelines from the National Bio-Safety Authority, the body charged with regulating all GM activities in Kenya.
He said all imported maize is being sourced from Zambia and Malawi which do not produce genetically modified crops.
The government last month allowed millers to import cheaper genetically modified maize from South Africa to help ease the acute shortage in the country.
Major supermarkets have doubled the price of a 2kg packet of flour owing to the shortage. The price of Jogoo brand is now at Sh150, up from Sh75.
Protests
Early this week, protestors marched through the streets of Nairobi, against the planned importation of genetically engineered maize by millers.
The demonstrators claimed that a large shipment loaded with GM maize had already docked at the port of Mombasa, and feared it could contaminate the soil.
Next week, the Parliamentary Committee on Agriculture plans to visit the port to ascertain the status of the 8,000 metric tons of imported maize.
African governments have been under pressure from pro-GM lobbies to allow the crops to avert food shortage.
Kenya has however been pursuing the adoption of genetically modified crops after the government gazetted the Biosafety Act. President Kibaki signed it into law in 2009.
Opponents say GMOs could have harmful long-term genetic impact on humans and wildlife.
In 2002, Zambia rejected GM food aid in the midst of a food crisis affecting some three million people.
Wednesday, July 6, 2011
But if Skype users are required to use credits Facebook for their payment services is an open question, they said.
Facebook has announced a review of its role in Google Groups on Wednesday, with its main feature the addition of video chat. The new features are deployed over 750 million users of Facebook slowly over the next few days.
According to Philip Su, a Facebook engineer who worked on the development team, users often messages to each other from time to time receives a request to test the video call feature.
Its also said that the characteristics of the next version of the Facebook integration, Skype has not been defined yet. However, Scott Miller, director of global business development for Skype, said PCMag. com on Wednesday that the company plans to add calling PSTN phones, a capability that integrates with Gmail Google late last year.
Bringing Skype to the Facebook mobile application is also a "high priority," said Miller. He offered no timetable for that capacity.
The goal: simplicity
For now, Facebook Skype integration is relatively simple compared to the features that the PC Skype client provides. Facebook new video calling feature allows users to click on a video icon within the Facebook chat window. If a user does not have the Skype application is already enabled, he or she can download in 30 seconds and in operation, the executives said.
"This is by far the easiest way to connect via video," said Mark Zuckerberg, Facebook's chief executive, during the launch on Wednesday. "If it were easier, would be like reading your mind."
And that's the mantra of guidance for the integration of Facebook, Skype, executives said, ease of use. This means that many features of Windows and Mac offer Skype customers can not do on Facebook. "Our first concern is the user experience," said Miller.
Skype 5.3 for Windows includes video calls, high-definition video calls with a maximum group of five participants, and a new audio codec called SILK. And that's not all: Skype also lets you share your screen, phone cards, and call with Skype To Go, Wi-Fi in airports and other public places, including lessons in anything from a new language for relations with Skype Prime.
Mobile applications allow you to call PC to phone and PC to PC and smartphone to smartphone. Skype 5.3, even make video calls between iPhones and Android phones as possible.
"Our goal is not to create something so big," Su said in an interview. "Our goal is much broader reach."
Facebook can not have an answer to meeting places for some time
That means the group video call can be a time of rest. Zuckerberg and Bates said the primary video interaction was one to one communication, echoed Miller's position. However, one analyst said that Facebook has to offer the features that Gmail.
"Google has an advantage because venues is much stronger," said Susan Etlinger, an industry analyst for the Altimeter Group. And, he said, Google also has an advantage because the number of robust applications that interact with Gmail, which has become its own IM client with video and text chat as well as by calling PSTN.
Vivox, the company behind the other VoIP application for Facebook, Sleigh, said he has a roadmap for video chat, but could offer no timetable. "Vivox is excited to work with our partners for integrated video chat, where appropriate, several online communities, social networks, online games, virtual worlds, etc.-in the near future. We believe that a wide range of communication options (video , voice, instant messaging, synchronous and asynchronous) is needed to really give users a "voice" regardless [of] the communication method of choice; Vivox will always strive to provide most of the focus without natural fissures as possible, "he said in a statement.
The question, Etlinger said, is whether Skype reach similar agreements with other services, to expand its own reach and help drive revenue. Google, meanwhile, plans to make the underlying technology in venues open, interoperable, real-time Google tech communications Justin Uberti, wrote in his blog over the weekend.
Tony Bates, CEO of Skype, told reporters Wednesday that the company plans to add payment services at a future date, which means that most of SkypeOut, where users can call landlines and mobile phones at low cost. (PC-to-PC calls, including video calls, is free.)
The question is whether Facebook will Credits Facebook virtual currency mandatory for use Skype. On July 1, the use of appropriations for Facebook became mandatory for developers. Facebook has 30 percent of all transactions with the virtual currency and awards 70 percent for developers.
"We will explore," said Miller of Skype, who declined to elaborate. "I'm sure I'll encourage."
In 2010, Facebook said it has partnered with Skype to Skype 5.0, which allows users to log on to Facebook and then connect with friends using the Skype application. In June, the Justice Department approved the acquisition of $ 8,500,000,000 of Skype by Microsoft.
Tags:facebook announcement, mark zuckerberg, zuckerberg, https, google 邀請
Following are analysts comments on the move:
DUAN JIHUA, ANALYST, SEALAND SECURITIES, SHANGHAI:
"The interest rate rise is within our expectation, which shows the CPI in June could be really high.
"There are still some uncertainties hanging over the Chinese economy, so monetary policy may enter a wait-and-see period in the future.
"The rate rise, which is highly expected, would not give the market a hard blow."
COLIN BRADBURY, DAIWA CAPITAL MARKETS' MANAGING DIRECTOR/REGIONAL CHIEF STRATEGIST, ASIA EX-JAPAN:
"There's a definite chance that the numbers will disappoint, in terms of the CPI. The market's view is that June will probably be the peak month for CPI. It obviously doesn't tell anything about the future, but potentially, that June could be a little bit disappointing for the market.
"Equally again, the consensus is that inflation will peak in June. The consensus is another 25 basis points rate hike in July. And that's what we have, don't think there's anything too sinister to read into it. The question now is 'is this the last rate hike?', which is what the market certainly believes.
"There's a chance of another sell-off in Chinese banks tomorrow. but we certainly believe, if you look at the valuation profiles of the banks at the moment, they really are historically very cheap. But certainly some of the longer term investors, they might see this as a buying opportunity with a 6 month view. They might see this as a good entry point."
MICHAEL JANSEN, ANALYST, JP MORGAN, LONDON:
"The rate rise is going to reaffirm to the market that the Chinese are into this one for the long haul. This is not a short term, 'inflation is licked' yesterday story, which is what the market was almost trading on. They have been raising rates every two months, but missed the window last week. That shows that there will be more restrictions going forward. The big risk-on rally might have hit a stumbling block or two."
LIGANG LIU, HEAD OF GREATER CHINA ECONOMICS, ANZ, HONG KONG:
"Today's rate hike suggests that China's June inflation could be higher than expected and the Q2 GDP remains solid, consistent with our expectation. The rate hike will help the PBOC to fine-tune its monetary policy by alleviating the worsening negative real interest rate problem so as to prevent an outflow of deposits from the banking system.
"Meanwhile, the rate hike will have an asymmetric impact: It will help depositors more than borrowers as the market lending rate has already been priced far higher than the current policy benchmark rate.
"In addition, the very high reserve requirement has already put the banking system at a significant disadvantaged position relative to non-banking financial institution(s), which could expand quickly by taking the advantage of the regulatory arbitrage. This will then set off new risks in China's financial system.
"Looking forward, we believe PBOC's rate hikes are not yet done. There will be a need of another rate hike in Q3 so as to better stabilize rising inflation and better anchor inflation expectations."
LI JIEMING, BOND ANALYST, SEALAND SECURITIES, SHENZHEN:
"This rate hike appears to be the last for this year as the economy shows signs of a slowdown.
"With global commodity prices dropping and the base effect waning in the second half of this year, inflation is likely to peak in June.
"As far as the domestic market is concerned, bond yields have nearly fully factored in the interest rate hike as talk of such a hike has lingered for more than a month.
"The medium- and long-term bond yields should only have a space of 3 to 5 basis points to rise."
MICHAEL WIDMER, METALS ANALYST, BANK OF AMERICA-MERRILL
LYNCH:
"That should have been priced in. The market did not react particularly well to it, but there was always scope for more tightening to come through in the 2H. There were comments recently from Chinese policy makers about inflation being the key concern, so I'm not surprised."
"Perhaps one of the hopes is that you're going to get less tightening in the second half...(but) I don't think this will (happen) so you will have headwinds. There is still upside left on copper, but it's not the most bullish of all markets. I think $10,000 again, but not $12,000."
KATHLEEN BROOKS, RESEARCH DIRECTOR UK, EMEA AT FOREX.COM:
"This move was to be expected. Inflation pressures continue to rise and the Chinese authorities have signaled their intention to quash price pressures. Thus we expect today's move to have a limited impact on markets in the short-term.
"However, in the long term, investors' may start to worry that China is tightening rates just as growth is slowing down. Signs suggest the pace of expansion in the Asian powerhouse is slowing."
PRIYA BALCHANDANI, OIL ANALYST, STANDARD CHARTERED BANK, SINGAPORE:
"The government is very keen on controlling inflation, but absolute demand in China is going to continue growing. Gas oil demand is still going to go up at a steady pace.
"We will see somewhat of a drop in oil prices, but after the initial period of news absorption, I would expect the market to come back with caution."
CARL FIRMAN, ANALYST, VM GROUP:
"China has done a number of reserve requirement increases over the last several months, however you have climbing inflation, so in real terms you are not making any money by just holding cash.
"A lot of new middle-class Chinese have cottoned on to this, and there is a lot of demand for gold as a store of wealth under these circumstances. Their money is not earning anything, in fact you are getting negative returns now holding cash, whereas you are not getting that holding gold.
"I think China would need to raise rates higher and higher still until we start to see some kind of tapering off of their inflation figures."
CHEN XINYI, COMMODITIES ANALYST, BARCLAYS CAPITAL, SINGAPORE:
"We did expect a interest rate hike in the near term and that had been factored in to our view of a slowdown in demand from China, so I do not expect a major impact on prices. The next key event to watch out for in China is the State Council meeting in July which will set the tone for monetary policy in the second half of the year."
FREDERIC NEUMANN, CO-HEAD OF ASIAN ECONOMIC RESEARCH AT HSBC HOLDINGS PLC IN HONG KONG:
"China's inflation battle is almost at an end. Already, there are signs that price pressures are coming off. Today's rate hike may therefore have been the last in the cycle.
"In general, given that the authorities decided to raise rates also shows their confidence in the local economy. Worries over a hard landing on the Mainland are overblown.
"While imbalances exist, growth should hold up in the near-term, and the policy shift, after many months of tightening, will likely shift into neutral shortly."
WANG JUN, ECONOMIST AT GOVERNMENT THINK-TANK CCIEE, BEIJING:
"This is good news for the market, which has anticipated this move. The possibility of another rise in the rest of the third quarter is not big. Inflation could peak soon.
"Whether there will be more interest rate rises in the rest of the year will depend on inflation, if inflation comes down, there will be no need to raise rates. But if prices rebound, there could be further rate rises.
"The government may put more stress on safeguarding economic growth. We have seen this message from recent remarks of Chinese leaders."
QIAO YONGYUAN, ANALYST AT CEBM, SHANGHAI:
"The interest rate rise is largely in line with market expectation, as most institutions expected one interest rate rise in July.
"The move is aiming to curb the quickening inflation, which may climb to as high as 6.2 percent in the year to June.
"I think this will not flag an end of the tightening measures and the central bank could raise interest rate once more for the reminder of the year.
"The government is paying attention to high prices of pork. In addition, other the costs of non-food items also keep rising, which could add more pressure to inflation in the coming months."
Netflix ran to a record high yesterday on news of expansion in Latin America and the Caribbean. As such, they confirmed what had been expected since early this year - the most likely region for international expansion would be Latin America. This is believed to be a very attractive market of broadband subscribers with the expansion of wealth due to less competition in Europe or the United Kingdom. Netflix streams offer its subscription plan only in 43 countries in Latin America and the Caribbean during 2H11.
Merriman believes there is more than 40M broadband users throughout Latin America and the Caribbean, given the penetration of broadband subscribers reached 4% and in Canada during the first 9 months, see 10 fee. 5% penetration in new areas during the first year. This would 1.9-3. 8 million subscribers and $ 180-360M in revenue annually (assuming $ 8.00/month subscription price).
Netflix seen entering a period of restricted operating margins. Although the Q1 conference management increased its expected losses, 2H11 from the international launch of this year to U.S. $ 50-70M 50 million dollars, the analyst believes that the projection of A / A decreased operating margins at least for next year could begin to negatively impact investor perceptions of trends in growth and valuation multiples.
International company may see increased spending management guidance has increased the operating range with a desire announced probable loss that blocking key contents to get a head start on potential competition would not be surprising that the management of increased orientation loss operational again. While this decision would be positive for Netflix prospects of long-term growth, the analyst believes could cause a short-term shock to current earnings estimates and valuation multiple.
Current valuation range of $ 300 Merriman 330 is based on a P / E multiple of 50x FY12 EPS 45-estimate (or a proportion of 1.0 x PEG). After the increase of 89% stocks, as their update NFLX are now less than 10% upside potential valuation range for the target. Updating analysts based on the prospects for international expansion, he has played.
The analyst recommended RTCM exchange as a game of the ongoing transition in the physical home video segment, along with a wildcard in the announcement expected around Redbox's digital strategy and partner. Has recently increased EBITDA estimates above guidance and consensus after a thourough analysis of 2011 potential DVD rental and see the quarter of revenue / EPS rising short-term. Using a very conservative estimate of 5.5 6.0x FY12 EBITDA multiple actions he believes RTCM can reach a broad assessment of the $ 72-79 (27-40% upside).
Notablecalls: Chances are you will not believe but Merriman can actually move the name. Merriman was the High Street of $ 300 - $ 330 valuation range when the action was in the low $ 200.
What I like about this call is not too aggressive. The analyst is right, but his is far more doubts about the head. Year on year comparison difficult with high valuation is not the best combination for a mo-mo action.
tags:nbg, εθνικη τραπεζα, météomédia, national lottery, national lottery euromillions
Tuesday, July 5, 2011
For some reason, millions of people followed the case of this young woman who waited over a month to report on his two-year-old daughter Caylee disappeared and later found dead.
Tuesday, the jury found not guilty of charges of murder and child abuse Anthony, but Anthony found guilty of four counts of providing false information to a law enforcement officer.
He could face more than four years in prison on those charges.
However, having already served three years behind bars awaiting trial, could also be released when a judge sentences next week.
But on Tuesday, Casey was holding and hugging her legal team.
The acquittal surprised many people outside the court that Anthony was sure he had something to do with the death of his daughter. For many in the legal community, the verdicts of not guilty on more serious charges is not a surprise.
An expert on social media says that people fell for this trial because of all the twists and turns, and because the media made it easier for them to get the fullness of the latest developments in the case.
"It's kind of phenomenon to browse. It is a tragic, almost Shakespearean tragic story. I mean I could not make this stuff up," Kip Wotkyns, Metro State College and assistant professor of communications, said.
Wotkyns teaches the social impact of media on society in their journalism classes.
Wotkyns said fictitious returns and becomes the test kept people glued to their tools of social media and the media agreed to cover all events.
"Once it gets going it starts feeding on itself, and then becomes essentially a media circus," said Wotkyns.
Ten years ago, Wotkyns said that this lawsuit has caught the attention, but social media in development, people could get instant access.
A woman heard the verdict 24,000 feet altitude in an airplane, and there was even a mobile application for updated information on the trial of Anthony.
Tags:casey anthony, casey anthony verdict, casey anthony trial, casey anthony trial live, cnn
Sprint owns 54% of Clearwire, Sprint offers its 4G mobile phone service. There has been much speculation recently about whether Sprint will continue its agreement with Clearwire, or find another option for 4G service. Clearwire will need billions in funds to complete the buildout of its wireless network throughout the country. Chaplin believes that Sprint Clearwire will support.
In short, Chaplin believes that Sprint is not a good alternative to Clearwire. Sprint is not self-sufficient spectrum to build a network called LTE for 4G, AT & T (T) and Verizon Communications (VZ) are doing, and alternatives such as LightSquared, privately owned equipment backed by Harbinger Capital, not viable. (Chaplin does not focus on this report on two immediate alternatives, DISH Network (DISH) and SpectrumCo., Holding the back of the Time-Warner Cable (TWC) and others leased significant slices of the electromagnetic spectrum in the past nationwide auction.
The "key controversy" is whether Sprint will expand the relationship with Clearwire, Chaplin writes.
Sprint represents 30% of current income Clearwire (Sprint will assume 95% of wholesalers). We estimate that this will increase to about 62% in late 2012, when the current Sprint / Clearwire wholesale agreement expires. As such, the continued use of Sprintís Clearwire is considered essential for the viability of Clearwire (Clearwire to find additional wholesale customers large).
Chaplin notes, "Clearwire has a wider spectrum than any other airline in a market of limited scope" and that this should lead to a lower cost per gigabyte.
As for funding, Clearwire needs only $ 2 billion more to achieve balance, compared with $ 5.1 billion LightSquared, he estimates.
The financing needs of the Company Clearwire assumes overlap with its existing markets and build LTE COP an additional 70 mm. We believe that Clearwire is better positioned to obtain additional capital LightSquared. We have the asset coverage provided by the spectrum to determine the funding prospects. Clearwire has a higher asset coverage, assuming LightSquared 40MHz spectrum is usable. Clearwire's assets increases coverage ends LightSquared advantage if only 10-20MHz usable spectrum. (They ignore the demands of both companies make about potential strategic investors - these are impossible for us to evaluate).
Sprint shares are down this morning 2 cents to $ 5.41.
Monday, July 4, 2011
High price, High Ticket: Dunham sales show reveal the dangers of the online market
0 comments Posted by org at 7:28 PMAs expected, people were clutching tickets in bulk for Jeff Dunham comedy show Saturday night at the Taylor County Expo Center. It's just that not all these people were from Texas ... or the United States.
Some seemingly devout followers Dunham Windsor and Tecumseh, Ontario, Canada, were buying tickets in packages of eight Dunham. All orders had the same name on them, but with different names and different addresses.
Johnson, general manager of the Expo Center, connected the dots. These Canadians had no intention of making the trip to Abilene for an evening of ventriloquism crass. They wanted, in all probability to sell tickets he had bought at a higher cost.
For the Expo Center - and really, Abilene as a whole - this was virgin territory. Abilene has landed some acts of good size in the last decade, but none with all the print advertising or wild popularity as Dunham. According to trade publication Pollstar concert, he is the only comedian whose route can win on the legendary musicians as Paul Simon and James Taylor.
So on the one hand, landing Dunham was a minor hit for the Expo Center. On the other hand, Abilene has indeed introduced to the harsh realities of the secondary ticket market.
It happens all the time in big cities. A high-flying act, for example, Bruce Springsteen announces a series of shows. Tickets sell out in minutes. The culprits here are not only the chief overzealous fans: It's a whole host of secondary ticket sellers picking up seats that can turn them over to make a profit.
To Dunham, and to a lesser extent, a show in April Miranda Lambert, Abilene has never had to worry about such things. But it was not long after the entry gates that opened the Johnson and Exhibition Center staff began to see Dunham tickets sold over the Internet for as much as $ 200 (compared with a nominal value of $ 46.50).
"The unfortunate thing is that people do not always pay attention to the web address," said Johnson. "Instead of going to the site, Google" Jeff Dunham tickets, the first thing to go to one of these entry points. "
Johnson says there's not much you can do to prevent this type of activity. Sellers of tickets purchased legitimately, ie, promoters and venue still get paid. But that does not make the ideal situation.
"Unfortunately, the customer is harmed," said Johnson.
However, for a complete picture of what is happening here, we have to talk to a secondary ticket seller.
Hank Wendorf is the president of TicketSource. com, a Dallas-based company, which has sold "tickets to premium events" since 1992. Right on its website, the company notes that most of their tickets are resold above their face value.
TicketSource.com focuses on sports tickets, in some ways is a "different animal" from other entertainment events, Wendorf says. But the basic principles of mediation remain the same ticket. And they are no more complicated than a freshman class of the economy.
"Every business has to do with buying and selling products," Wendorf said. "You buy at one price and sell at a higher price."
That's what you do with Wendorf tickets, and says he has nothing to apologize for. Because, as he points out, the responsibility of the consumer.
"The consumer has more control over the market that they realize," Wendorf said. "The only price will go up to the point that people are willing to pay."
As for the secondary ticket providers poaching tickets before the average fan can get to them, Wendorf says places have mechanisms to limit such practice. You can reserve a certain amount of tickets on sale exclusively at his locker, or restrict certain zip codes ticket during the initial sale.
In the case of Jeff Dunham series in Abilene, the market more or less had something to say. Due to the decree of the promoters, all tickets at the Coliseum Expo Center was quoted at $ 46.50, from nosebleeds to the front. As a result, local suppliers outside of the city equally engulfed the main floor seats in a hurry. But as of press time Friday, there are still large tracts of unsold tickets at the rear corners of the arena.
Meanwhile, as the show date approached, the online resellers started to reduce their demands in the hope of getting a return on their investment. A quick web search of the week before the show revealed that tickets were selling floor Dunham at a rate (slightly) depressed $ 50 to $ 100. One of the ads on Craigslist, including suppliers of $ 1 bills promoted everywhere.
So the free market wins the day? Depends who you ask. But the increase in online ticket sales means that even places of Abilene will have to find ways to manage your ticket sales.
"The secondary ticket market has given agents the ability of Canada to sell tickets for a show in Abilene," says Wendorf.
It is true that Barry White, executive director of the organization, he pays about £ 180,000 a year, which is more than the prime minister. But the criticism that the body responsible for the acquisition of schools, hospitals and roads has "built anything
"There will come to an end when the Pumpherston and Uphall Primary in Livingston, the first project to be built entirely under the auspices of SFT, is completed later this year.
Last week I said that the body has saved the taxpayer £ 129 million this year on the cost of living in a series of projects, including £ 19 million shaved bill for the new Forth Bridge by "challenge" project finance .
White, whose background is in construction and commissioning PFI, defends what his group is making.
"The £ 129 million is 16 percent more than last year and within the range of 100 million pounds to 150 pounds in cost savings that were set to achieve in our establishment," he says. "It's a breakthrough for the future of Scotland Trust. We are making very significant progress for an organization that was formed recently."
White adds: "The biggest thing is to continue to stretch the public pounds Imagine you have one of those red rubber bands Postal Service uses in his fingers and stretches you do not want to take the pressure, or. It reverts to its size.
"Keep the pressure on the challenge we face."
But the success of SFT is often overshadowed by the disasters of procurement, such as the Edinburgh tram project, the local authority councilors voted last week despite going ahead with a cost overrun of more than 200 million pounds for a truncated service to the Plaza de San Andrés in the city. And while the SFT has nothing to do with the trams, the suggestions should or could still encounter icy disdain body president, the financier Sir Angus Grossart.
The SFT has also introduced a series of structures PFI-style funding that will allow the Scottish Government to invest in capital projects now and pay later.
