Archive for January, 2012
Facebook is about to go public
Best Growth Stock – The Facebook social network could begin this week the expected process for listing on the stock market where you will have a value according to some reports, would be between U.S. $ 75,000 million and U.S. $ 100,000 million. According to information collected by the Financial Times and the Wall Street [...]
Health spending will damage creditworthiness of G20 according to S & P
Best Growth Stock – The credit rating agency Standard and Poor’s (S & P) warned that “increased spending” government in health “probably damaged” the “sovereign creditworthiness” of the G20 countries from 2015. In a report published in London, the agency expected to deteriorate “health credit” of these countries if they do not control health spending [...]
Wall St close up with the best month since October
Best Growth Stock – The stock market on Tuesday closed its best month since October with a slight fall, on weak U.S. economic data that surprised investors after a series of positive indicators in recent months. Wall Street closed Tuesday its best month since October with a slight fall, on weak U.S. economic data that [...]
Slight impact on the financial sector crisis in Asia in the eurozone
Best Growth Stock – The financial crisis in the eurozone in Europe has had limited impact in Asia and in fact has created opportunities for Asian banks, said a senior official of the International Monetary Fund (IMF) on Monday. “My perception so far is that the financial effects on Asia are being contained,” he noted [...]
Markets fear Portugal's financial rescue and restructure of it's debt
Best Growth Stock – Financial markets increasingly fear that Portugal is obliged to ask for a second bailout and debt restructuring, following the case of Greece, although the Government is confident that Luso does not happen. “For Portugal, the important thing now is to reduce the external pressure, which results from a contagion of the [...]
Pfizer profits up 21 percent in 2011
Best Growth Stock – The pharmaceutical company Pfizer today announced that in 2011 won 10.009 million dollars, 21% more than in the previous year, although its profits have fallen in the last quarter by the loss of exclusivity of the drug Lipitor. The pharmaceutical giant based in New York last year recorded a net profit [...]
UPS announced a profit of 3,804 million dollars in 2011
Best Growth Stock – The company UPS, the largest messaging company, today announced that in 2011 a net profit of 3,804 million dollars, 14% more than in the previous year, but for the last quarter fell 28% due to charges related to pensions of its employees. The company said in a press release that won [...]
Eurozone unemployment highest since the birth of its currency
Best Growth Stock – The seasonally adjusted unemployment rate in the 17 countries sharing the euro rose to 10.4 percent in December, on par with an upwardly revised November, the statistics office said the EU, Eurostat. The euro zone unemployment rose to its highest level in the history of the single currency, data showed on [...]
The EU is preparing a response against Chinese protectionism
Best Growth Stock – EU Trade Commissioner, Karel de Gucht, announced it is preparing a draft law on public procurement in Europe to respond to Chinese protectionism in this sector. “Together with my colleague in the Internal Market, Michel Barnier, prepared a bill in the field of public markets to react if the Chinese continue [...]
China’s public debt is “under control”, says Wen Jiabao
Best Growth Stock – China’s public debt is “safe set is under control,” said Chinese Prime Minister Wen Jiabao was quoted on Monday by the official press. “In the current state of things, our public debt is altogether safe and under control,” said this month Wen was quoted by People’s Daily, organ of the Communist [...]
