Archive for September, 2010

What Kind of Exposure Should an Investor Have?

When you are looking at how much of your portfolio is made up of small cap stocks it will depend on a few things and it will be unique to your situation. One thing to consider is your time horizon; if you need your money to come out in a year or two, then it [...]

Wal-Mart Offers To Buy Massmart; South Africa’s Largest Union Opposes

Kris Alingod – AHN News Contributor Bentonville, AR, United States (AHN) – The world’s largest retailer intends to expand to the African continent with a proposed acquisition of Massmart Holdings. A South African union has already signaled it plans to fight the merger. Wal-Mart has made a preliminary, non-binding offer to the Johannesburg-based retail chain [...]

RIM shares slide after PlayBook unveiled

Shares in BlackBerry-maker Research In Motion have fallen as much as 4.4 per cent, the day after the company revealed its new PlayBook tablet in San Francisco. View full post on Canada Business Stories

Flint has to reunite HSBC’s board as well as fix relations with shareholders

Oh to be a fly on the wall when the HSBC board meets in Shanghai today. No doubt at least a veneer of civility will be maintained in the boardroom – yet it is now patently clear that the bank’s board is deeply split. View full post on UK Business Stories

Dollar helps US wheat to Egyptian tender victory

US wheat wins a showing in the latest Egypt wheat tender at the same price as two weeks ago – unlike rival French grain, which is discounted View full post on Business Stories

Narrow the U.S. Income Gap to Stave Off Another Financial Crisis

Rising income inequality presents long-term problems for the economy, says Businessweek.com columnist Chris Farrell View full post on Finance Stories

Ralph Lauren Opens Men’s Only Store In Manhattan

Stephanie Sims – AHN Entertainment Reporter New York City, NY, United States (AHN) – After being in business for 25 years, Ralph Lauren opened a men’s only store. But it’s not just housed in any brick and mortar building or storefront – it’s Lauren’s own Madison Avenue mansion. Lauren renovated his Madison Avenue mansion, at [...]

Aston Martin is UK’s coolest brand again

Aston Martin has been named the coolest brand in the UK, it has been revealed. Related Stories Upbeat Hays sees green shoots Cable says immigration cap is bad for business Call for wind farms investment Wolseley to move tax base to Switzerland IMF: UK economic recovery under way View full post on UK Business Stories

Wall Street Pulls Back As Troubled Bank’s Downgrade Weakens Financial Stocks

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The specter of European sovereign debt returned to Wall Street as Moody’s downgrade of troubled Anglo Irish Bank hit financial stocks and sent the benchmarks falling. The Dow Jones Industrial Average lost 48 points or 0.4 percent to close at 10,812. [...]

Taxable sales up 5.3 percent in Nevada in July

Taxable sales in Nevada rose 5.3 percent in July over the same month last year, representing the largest increase in more than two years. View full post on Business Stories