Today we’ll follow-up on yesterday’s Money Morning. So if that edition bored you or annoyed you then I suggest you stop reading now. In fact, several readers have complained that we’re talking out of our hat. They argue that surely it’s a great idea if charities and philanthropists make donations to charities and that those [...]
exports
“Slablam!” as our buddy Scott from North Carolina would put it. The Dow(n) Jones Industrial Average dropped 1.48% last night, while the tech-heavy Nasdaq got whacked for a 1.76%. “Double slablam!” as your editor said while eating our Kellogg’s All Bran after reading the following news story on Bloomberg News: “Pimco, NY Fed said to [...]
One of the reasons why you may read this letter each day is because you like reading about the economy and economics. Although I’m sure there are plenty of other reasons too… not that I can think of any off the top of my head, but there must be some. Your interest in the economy [...]
Transfield Services: Tidying up Last Traded: $2.72 Market Cap: $942M Sector: Industrials Summary of report dated 28/07/09 ACCUMULATE / MARKET PERFORM Valuation: $3.63 Event On 28 July 2009 Transfield Services (TSE) announced its FY09 result would be impacted by an impairment charge of A$168m (US$135m) on a pre-tax basis relating to its USM business. [...]
Italy and Russia the biggest importers of Indian coffee have massively slowed down on thier coffee imports.Total trade growth of Australia with India for 2008 has risen to $15.356 billion.Blistering rise in the value of the rupee gives sleepless nights to Indian exporters, forcing many to shut down India’s exports fell in May for [...]
