Best Growth Stock
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Argentina Advances in the Expropriation of YPF and Incorporates a Gas Company Repsol
The Argentine Senate today took a key step in the approval of the bill to expropriate 51 percent of the shares of Repsol YPF, to enable discussion of the initiative on the floor of the Senate, which will also discuss the nationalization of YPF Gas, owned by Spanish group. The government senator Anibal Fernandez, former [...]
Exxon Mobile is Ranked as the World’s Largest Company in the Forbes List
The U.S. oil company Exxon Mobile has positioned itself as the world’s largest company in the ranking of Forbes magazine, which in recent years dominated the JPMorgan Chase, which are listed in Spanish and 23 signatures 68 Latin America. With sales of 433,000 million and a market value of 407,400 million dollars, the U.S. oil [...]
U.S. believes that Argentina’s decision creates a very negative investment climate
The U.S. government today was “very concerned” about Argentina’s decision to expropriate the oil company YPF, which “creates a very negative investment climate” and urged the country to “normalize relations with the international financial community.” The State Department spokesman, Mark Toner said in his press conference that the expropriation of 51% stake in YPF oil [...]
World tourism is optimistic due to emerging countries
The global travel professionals, meeting in Japan, maintain their confidence despite the uncertainties caused by the global situation, with an eye on the new tourists from emerging countries, with the Chinese to the head. “Our industry is going to grow despite all the crises of recent years”, said President of the German giant TUI tourism, [...]
Geithner: The Currency Reform in China are “Significant”
The U.S. Treasury Secretary Timothy Geithner on Wednesday described as “very significant” and “very promising” China’s foreign exchange reforms that will allow freer yuan’s fluctuation. Speaking very complimentary and exceptional in Washington, Geithner praised the recent decision of the Central Bank of China to allow the yuan’s fluctuation to 1.0% at the ends of its [...]
Italy prevent a major recession in 2012 and postponed a balanced budget
The Italian government worsened on Wednesday its forecast of economic recession in 2012, amounting to 1.2%, and acknowledged that it will be impossible to achieve its goal of virtual elimination of deficit in 2013. The Government indicated in a statement released at the end of the cabinet, now expected to contract 1.2% of gross domestic [...]
Repsol Warns to Argentina that they Must Pay the Real Value of YPF
The chairman of Spanish oil company Repsol, Antoni Brufau, warned Wednesday that the Argentine government must pay “just compensation” for expropriation of its subsidiary YPF, valued at more than 10,000 million dollars (about 8,000 million euros). “They will have to pay the fair price for these decisions wrong and devious,” he told reporters at the [...]
Soria regrets that the U.S. position on YPF is not equal to the other countries
Minister of Industry, Energy and Tourism, José Manuel Soria, said today that the U.S. would have liked to have had a reaction similar to that of Chile, Mexico, United Kingdom or the European Union ( EU) to the Argentine government’s decision to expropriate 51% of YPF, a subsidiary of Repsol. Speaking to TVE, the minister [...]
Yahoo’s profit grows 28 percent in the first quarter of 2012
The Internet giant Yahoo reported net income of $ 286 million in the first quarter of 2012, up 28% over the same period in 2011, the company reported today. In the same period last year, net income was $ 223 million (17 cents per share, for the 23 current). Revenue from Yahoo between January and [...]
Warren Buffett Communicates to His Shareholders that Has Prostate Cancer
Billionaire investor Warren Buffett announced today to the shareholders of his Berkshire Hathaway group last week was diagnosed with prostate cancer and will undergo treatment in summer, but not fear for his life. “The good news is that doctors have told me that not a threat to my life or my health will weaken significantly,” [...]
