Seattle Business Daily

Emerging Markets News

  • RiverSource LaSalle International Real Estate Fund, Inc. Declares Third Quarter Distribution Friday, September 3, 2010 @ 7:44AMMINNEAPOLIS--(BUSINESS WIRE)--RiverSource LaSalle International Real Estate Fund, Inc. (formerly Seligman LaSalle International Real Estate Fund, Inc.) (the “Fund”) (NYSE: SLS) today declared a third quarter distribution of $0.15 per share of Common Stock. Dividends on Common Stock will be paid on September 22, 2010 to Common Stockholders of record on September 13, 2010. The ex-dividend date for ...
  • Earnings Scorecard: Medtronic Friday, September 3, 2010 @ 7:34AMSubsequent to the announcement of Medtronic's first quarter fiscal 2011 results on Aug 24, 2010, majority of the analysts have lowered their estimates for the forthcoming period.
  • RiverSource LaSalle International Real Estate Fund, Inc. Declares Third Quarter Distribution Friday, September 3, 2010 @ 7:30AMMINNEAPOLIS----RiverSource LaSalle International Real Estate Fund, Inc. today declared a third quarter distribution of $0.15 per share of Common Stock. Dividends on Common Stock will be paid on September 22, 2010 to Common Stockholders of record on September 13, 2010.
  • Experts see trouble ahead for developed world Friday, September 3, 2010 @ 7:29AMExperts see trouble ahead for developed worldExperts see trouble ahead for developed world
  • Beer finds favour over spirits in slow recovery Friday, September 3, 2010 @ 7:29AMBeer finds favour over spirits in slow recoveryBeer finds favour over spirits in slow recovery
  • Gloomy experts see signs of double dip Friday, September 3, 2010 @ 7:26AMMost upbeat prediction at the Ambrosetti Forum on the global economy is mere ‘subpar growth’
  • HSBC threatens to leave the UK Friday, September 3, 2010 @ 7:24AMBanking group HSBC has warned it could leave the UK if plans to break up the big banks are pushed through.
  • Experts see trouble ahead for developed world Friday, September 3, 2010 @ 7:21AMCERNOBBIO, Italy (AP) — Is the global economy out of the woods?
  • Stocks Rally, Treasuries, Gold Retreat on Employment Report Friday, September 3, 2010 @ 7:12AMStocks rallied, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold tumbled as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession.
  • Coke Acquires Fourth Largest Russian Juicemaker - cbl Friday, September 3, 2010 @ 7:12AMBy Zacks.comThe Coca Cola Company (KO) has acquired Nidan, the fourth largest juice manufacturing c...
  • Chrome usage creeps up on Microsoft Wednesday, September 1, 2010 @ 7:09PMInternet Explorer's growth slowed once again, and Chrome shook off its slump in August, new statistics show.
  • Auto sales post weakest August since 1983 Wednesday, September 1, 2010 @ 7:08PMAutomakers posted their weakest U.S. August sales in 27 years, underscoring uncertainty about the strength of the recovery in the world's largest economy.
  • Dual Wimax/LTE chips godsend for Indian BWA Wednesday, September 1, 2010 @ 6:57PMIf you are an Indian BWA licensee with a brand new 2.3GHz spectrum license you acquired in the recent auctions, then you are struck by the quandary of the situation: which technology to choose for your network, LTE or Wimax?
  • Emerging Markets Report: Petrobras, Brazil set price for share-swap deal Wednesday, September 1, 2010 @ 6:40PMBrazilian oil giant Petrobras and the Brazilian government reach an agreement for the company to pay $8.51 a barrel for oil-drilling rights from the government, paving the way for the company's long-anticipated and potentially massive share sale.
  • Asian factories beat out Europe's Wednesday, September 1, 2010 @ 6:40PMManufacturing in China, India and Russia powered ahead in August while growth slowed in European factories, emphasizing a growing divide in the pace of recovery between the rich and emerging worlds.
  • This Time Seen Different as Emerging Stocks Top Developed World Wednesday, September 1, 2010 @ 6:27PMEmerging-market stocks are trading at the highest valuations relative to advanced-country shares in more than two years as faster economic growth persuades the biggest investors to look past historical sell signals.
  • MY JWEEK Wednesday, September 1, 2010 @ 6:26PMWASHINGTON (JTA) -- Nancy Pelosi agreed with an ADL call for transparency in the funding of the mosque and interfaith center near Ground Zero, but said its opponents should also make their funding transparent.
  • Long-Term Efforts Needed to Tame Public Debt Wednesday, September 1, 2010 @ 6:17PMAdvanced economies must pursue long-term policy reforms to reduce public debt levels over the coming decades and ensure future fiscal sustainability, according to three papers published today by the International Monetary Fund (IMF). In order to protect the fragile economic recovery, support growth and job creation and provide reassurance to capital markets, fiscal adjustment plans must be ...
  • GM roadshow to begin after US elections: sources Wednesday, September 1, 2010 @ 6:17PMDates subject to US market performance. 2 Sep 2010 11:13 AM
  • Silicon Valley companies making billion dollar deals Wednesday, September 1, 2010 @ 6:11PMIf the buying binge continues, 2010 could rank among the biggest for such deals in a decade.
  • Chinese manufacturing rebounds in August Tuesday, August 31, 2010 @ 10:38PMBEIJING (AFP) - Manufacturing in China rebounded in August, surveys showed Wednesday, easing concerns the economy was heading for a sharp slowdown in the second half of 2010.
  • Program links city entrepreneurs?, capital Tuesday, August 31, 2010 @ 10:20PMA free program that aims to connect inner-city companies from across the country with potential investors is seeking nominations and applications as it prepares for its sixth annual investment “matchmaking” program this fall.
  • Text of President Obama's Oval Office speech about Iraq Tuesday, August 31, 2010 @ 10:19PMGood evening. Tonight, I’d like to talk to you about the end of our combat mission in Iraq, the ongoing security challenges we face, and the need to rebuild our nation here at home.
  • Thai stocks, baht seen extending gains as economy rebounds Tuesday, August 31, 2010 @ 9:57PMThai stocks are up 24 percent this year at a 34-month high. In contrast, the MSCI's measure of Asian stocks outside Japan is down around 4 percent. In the past five weeks, foreign investors have snapp...
  • Text of Obama's prime-time address on Iraq Tuesday, August 31, 2010 @ 9:56PMRemarks by President Barack Obama on the end of combat operations in Iraq, as provided by the White House.
  • Heinz shareholders relieved by gains Tuesday, August 31, 2010 @ 9:53PMH.J. Heinz Co. chairman, president and CEO William R. Johnson got off easy at the Pittsburgh food company's annual meeting Tuesday, taking none of the pointed or off-beat questions that have made past gatherings lively. After a couple of recessionary years, shareholders seemed relieved to hear reassuring reports of sales gains and global growth.
  • No place like home for NFL fans Tuesday, August 31, 2010 @ 9:49PMWhen the NFL kicks off the 2010 season next week, about 1 million fans will turn out to watch games in stadiums across the nation.
  • Text of President Obama's speech on Iraq operations Tuesday, August 31, 2010 @ 9:48PM(AP) - President Barack Obama says the U.S. must focus on getting its own house back in order now that American combat operations in Iraq have ended. In an Oval...
  • Stealth Announces Filing of its Second Quarter Financial Statements and Related Management's Discussion and Analysis Tuesday, August 31, 2010 @ 9:42PMStealth Ventures Ltd. announces that effective August 30, 2010, it has filed its second quarter financial statements and related Management's Discussion and Analysis . A copy of these documents, are filed on SEDAR and available at www.sedar.com.
  • Jeremy Grantham: Why Are Quality Stocks Cheap? Tuesday, August 31, 2010 @ 9:41PMBy guruek. It has been well-known that Jeremy Grantham thinks the US stock market as a whole is over- valued and offers subpar return potential for the next 7 years. However, high quality stocks as a group is an exception and presents good investment value. In the his 2Q10 Letter (a copy of which is attached at the end of this writing), Jeremy Grantham attempted to answered the question of "Why ...
  • Donaldson Q4 Profit More Than Doubles Monday, August 30, 2010 @ 3:21PMFiltration products maker Donaldson Co., Inc. said Monday after the markets closed that its fourth quarter profit more than doubled from last year, helped by higher sales and improved margins. The company's quarterly earnings per share also came in above analysts' expectations. However, the company issued an earnings outlook range for fiscal 2011, the mid-point of which fell below analysts ...
  • Summering In The Emerging Markets Monday, August 30, 2010 @ 3:21PMA sojourn through the developing world offers a glimpse of possible future returns for equity investors.
  • Gold: is it really a safe haven? Monday, August 30, 2010 @ 3:15PMThe price of gold has soared, but it's not a straightforward investment.
  • More Observations On HFT's Tyranny Of Stock Markets Monday, August 30, 2010 @ 3:15PMAnywhere one turns these days, bashing HFT is the new market normal. Having written 150 articles on the topic , beginning in April 2009, we are happy to have brought the world's attention to this most dangerous of market aberrations. Yet until the SEC finally bans the practices of micro churning, quote stuffing, positive feedback loop chasing, flash trading, subpennying, DMA accessing, and all ...
  • GLOBAL MARKETS-Cloudy US outlook dents shares; yen strengthens Monday, August 30, 2010 @ 3:11PMGLOBAL MARKETS-Cloudy US outlook dents shares; yen strengthens
  • Sustainable Energy Reports 9-Month Operating and Financial Results Monday, August 30, 2010 @ 3:07PMCALGARY, ALBERTA--(Marketwire - Aug. 30, 2010) - Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable") today reported its operating and financial results for the nine-month period ending June 30, 2010.
  • Intel to acquire Infineon's wireless division Monday, August 30, 2010 @ 3:04PMIntel will acquire Infineon Technologies' wireless division for US$1.4 billion, the company said Monday.
  • Cruising back to the future Monday, August 30, 2010 @ 2:40PMThis homage to the FJ40 Land Cruiser has had a cult following in the US since its launch in 2006. Now the beast is coming to New Zealand, writes DAVE MOORE.
  • RBC's Chamie Interview Monday, August 30, 2010 @ 2:29PMAug. 30 (Bloomberg) -- Nick Chamie, global head of emerging markets research at RBC Capital Markets, about the potential impact of a slowdown in the U.S. economic rebound on emerging markets. Chamie talks win Scarlet Fu on Bloomberg Television’s “InBusiness.”
  • Market Report: AB Foods boosted by talk of demerger from Primark Tuesday, August 24, 2010 @ 4:13PMThe market veered sharply lower last night, but Associated British Foods (ABF) bucked the trend amid rumours that it was mulling a demerger of its Primark division.
  • WPP profits up a third following surprise ad market recovery Tuesday, August 24, 2010 @ 4:11PMLuvv was in the air at WPP, the world's largest advertising agency, as it reported a 36 per cent bump in profits following a sharper-than-expected recovery in the ad market.
  • Exorcising the ghosts of the past Tuesday, August 24, 2010 @ 4:10PMOnce upon a time, the Rolls-Royce was described as "The best car in the world" even when it could no longer lay reasonable claim to that exalted title. The brand spoke for itself, but with an increasingly "showbiz" accent. Slowly, but surely, it was losing its "brand equity", ironically because of its customers, or at least their image. The cars themselves retained wonderful presence and the ...
  • Nexus Recognized by Cisco as a Video Surveillance Authorized Technology Provider Tuesday, August 24, 2010 @ 4:07PMVALENCIA, Calif., Aug 24 /PRNewswire/ -- Nexus announced today that it has achieved Video Surveillance Authorized Technology Provider (ATP) status from Cisco. This designation recognizes Nexus as having fulfilled the training requirements and program prerequisites to design, resell, install and maintain a full range of video surveillance and access-control solutions. Cisco® physical-security ...
  • Dell pushes out Aero $99 smartphone Tuesday, August 24, 2010 @ 4:03PMDell has released its $99 Aero smartphone handset in the US through telecomAT&T.
  • HSBC builds global FX team in Asia-Pacific Tuesday, August 24, 2010 @ 3:48PMHSBC hires senior people across the region to bolster its global foreign exchange business.
  • Indian BPO Market Set for Growth Tuesday, August 24, 2010 @ 3:45PMThe National Association of Software and Service Companies (NASSCOM) in India released its annual outlook for business process outsourcing and IT companies and found these companies are likely to grow whether they export their business or provide it locally — or both.
  • FCC's Genachowski Not Backing Down on Net Neutrality Tuesday, August 24, 2010 @ 3:37PMDespite setbacks and entrenched opposition, the Federal Communications Commission's chairman discusses the FCC's continuing support for network neutrality.
  • Claymore Exchange-Traded Fund Declares a Distribution Tuesday, August 24, 2010 @ 3:35PMLISLE, Ill.--(BUSINESS WIRE)--Claymore Advisors, LLC, is pleased to announce that the Claymore U.S. Capital Markets Bond ETF has declared a distribution. The table below summarizes the distribution schedule. Total Ex- Record Payable Rate Ticker Fund Name Date Date Date Per Share UBD Claymore U.S. Capital Markets Bond ETF 8/25/10 8/27/10 8/31/10 $0.077 Past performance is not indicative of future ...
  • Could HSBC Get Stung In Africa? Tuesday, August 24, 2010 @ 3:21PMThe Nedbank deal sounds good on paper but there are multiple reasons why it's not a great one for HSBC.
  • Stock Market Bets That Emphasize Both Growth and Caution Saturday, August 21, 2010 @ 3:35PMWhile investors have rushed to the safety of Treasury securities, risky sectors like junk bonds and emerging-market stocks have also done well this year.