Wall Street Journal CEO Council Identifies Specific Priorities for Business and Government to Ensure Sustainable Global Prosperity Nov 18, 2009
15) FEDERAL PLAN FOR ELECTRIC GRID: Congress should enact federal authority to deploy a more efficient electric grid that enables the diversification of U.S. energy supplies, gives federal government more authority to site transmission lines through eminent domain and gives FERC the power to allocate costs. 16) WORLD-CLASS TEACHER CORPS: Attract and retain the best and the brightest to be our teachers. (Primezone Releases)
'Prius Plug-in Hybrid' Lease Discussions Begin in Japan; Potential Users Selected from 'EV & PHV Towns' Program Nov 18, 2009
TMC believes that, to meet the diversification of energy sources, PHVs are currently the most-suitable environmentally considerate vehicles for widespread use ... TMC will continue its efforts in developing and putting into practical use these next-generation vehicles, which are hoped to contribute to reducing petroleum consumption, reducing CO2 emissions and responding to the diversification of energy sources. (JCN Network, Japan)
End of trend is nigh for central bank sales of gold Nov 17, 2009
From a portfolio management perspective, there is little diversification value to be obtained from hoarding in the RBA's vaults what can already be found beneath the Australian outback ... 3 per cent. While some see scope for China's official sector to become a become a major buyer, the sheer size of its reserves limits its diversification options. (Sydney Morning Herald -- Business)
IMAX Corporation Executives Adopt 10b5-1 Trading Plans Nov 17, 2009
Gelfond and Wechsler said, "We believe strongly in IMAX and its prospects for continued growth and success. Neither of us has sold any of our IMAX shares, other than an insignificant number of expiring options, in over a dozen years. We have adopted these plans solely for liquidity, tax planning and diversification purposes and to ensure the highest level of integrity in the trading of IMAX stock with the goal of minimizing any market impact of this diversification.". About IMAX Corporation. (Primezone Releases)
Prospecting for gold Nov 17, 2009
The purchased focused attention on suggestions that gold is increasingly being seen as an investment that provides diversification for currency holdings, although Indias finance minister Pranab Mukherjee said the purchase shouldnt be seen as a vote against any particular currency or a preference for gold over currencies. It was purely a currency strategy that India was comfortable implementing, he claimed. (Sydney Morning Herald -- Business)
AfDB: Fourth AEC-Researchers Track Missing Links in Africa's Development Nov 17, 2009
He also asked the conference to address the issue of diversification - noting that after fifty years of independence; most African economies were still commodity-dependent. The Executive Secretary of the Economic Commission for Africa, Abdoulie Janneh, said that Africa should continue to focus on promoting high level, sustainable and job-creating growth, irrespective of the economic and financial crisis. (allAfrica.com)
fat is an angry substance Nov 17, 2009
TLR-induced local metabolism of vitamin D3 plays an important role in the diversification of adaptive immune responses. Vitamin D and innate immunity. (Harper's Magazine)
El Salvador Debt Rating Lowered by Moody's to Junk on Economic `Collapse' Nov 16, 2009
Since last year, El Salvador has been subject to severe shocks that have exposed underlying vulnerabilities associated with its condition as a small open economy with a high dependence on the U.S. and a relatively limited degree of diversification, Leos said in the statement. El Salvadors ratings had been put on review for possible downgrade by Moodys Sept. 14. (Bloomberg -- Latin America)
* The anti-hunger imperative Nov 16, 2009
In addition, crop diversification has reduced the need for costly and environmentally damaging pesticides. So I am convinced that we should raise the profile of biodiversity in tackling climate change and food insecurity, and that we need more high-level attention to this subject. (Taipei Times, Taiwan -- World)
Asean needs to invest US$1.1tril to meet energy demands Nov 16, 2009
The nuclear option will support the countrys fuel diversification objective, possibility as the sixth source after gas, coal, oil, hydropower and renewable energy, CIMB Research said. As it is, the nuclear power option is currently in the preliminary stage at the pre-project feasibility study level. (The Star Online, Malaysia -- Business)
Russia makes economic recovery a priority Nov 15, 2009
Russia would continue its efforts to modernize its economy, and encourage innovation and diversification in 2010, Medvedev wrote in an article for the British magazine The Economist that published on the Kremlin website Friday. The president predicted that 2010 would be a turbulent year for Russia and the world financially and economically. (Xinhuanet, China)
A plan for getting by, working less Nov 15, 2009
That means you re not actually getting as much diversification as you think, said Levit, who likes to use index funds that stick to a single asset class. That, she says, makes it easier to rebalance a portfolio when markets move. (Boston Globe)
Russia, Slovenia sign South Stream pipe deal Nov 15, 2009
Austrian Chancellor Werner Faymann said at a Moscow meeting with Putin on Wednesday that South Stream represented "diversification as well as a chance to make the energy supply more secure.". Peskov said Saturday that negotiations with Austria are moving forward. (The Star Online, Malaysia -- Business)
Kenya: New Policy to Boost Kenya's Bid to Go Green Nov 15, 2009
The document crafted with stakeholders' input, aims to address global warming through substitution of petroleum fuels and diversification of income sources with farmers growing jatropha for biodiesel production. It identifies the plant as suitable non-food crop with seedlings as viable feedstock. (allAfrica.com)
Get to grips with risk Nov 15, 2009
Lack of diversification: investing in only one area of the market (such as gold). Overdiversifying: investing too widely, thus reducing the possibility of sound returns (such as too many different unit trusts). (iAfrica.com)
Net income soars 126% at Alabama Aircraft Nov 14, 2009
Management has focused a lot of effort on diversifying our operations among several programs and some upcoming proposals should provide an opportunity for further growth and diversification. We continue to be optimistic about the company s potential in the upcoming years. (Birmingham Business Journal, AL)
Sutter Health zaps pact with radiologists Nov 14, 2009
Diversification might be a factor in the split. The radiology group has brought in new partners with significant new lines of business in recent years, gathering strength on its own amidst rumors that Sutter intended to hire its own doctors or outsource the business. (Sacramento Business Journal, CA)
Brazil Approves Vivendi's GVT Offer, Sets Criteria for Telefonica Takeover Nov 14, 2009
It needs GVT for two reasons: Its a defensive move to protect Sao Paulo from the entrance of a competitor like Vivendi and it gives it the needed diversification outside Sao Paulo. . (Bloomberg -- Europe)
Medvedev laments Russia's failures Nov 14, 2009
He called the substandard quality of production ''shameful'' and the nation's economic dependence on oil ''humiliating'', and called for economic diversification. As the speech went over the allotted 90 minutes, the TV camera sometimes pointed at Mr Putin who either stared straight ahead with an enigmatic expression or gazed towards the ceiling. (Sydney Morning Herald -- World)
New senator: McCain backs Mayport carrier Nov 14, 2009
Improved state infrastructure, including building a high-speed rail system, is essential to the state s diversification of its economy. Florida is requesting $2. (Jacksonville Business Journal, FL)
A Leadership Role for Asia in Reshaping the Post-Crisis Global Economy, Annual Lecture by Dominique Strauss-Kahn, Managing Director of the International Monetary Fund, at the Monetary Authority of Singapore Nov 14, 2009
I agree with Minister Tharman, who noted recently that the basic direction of travel in the emerging world has to be towards continued, gradual opening up and further diversification of their financial systems. Moving ahead with the development of Asia s financial markets, and in particular its capital markets, will be critical for making the best use of the region s significant savings in support of domestic demand. (IMF News)
China - Threat or Opportunity? Nov 13, 2009
He cited his country's resilience to globalization, structural upgrading of the clothing industry to higher quality products, and export market diversification to Europe and Africa, as factors that had helped his country's economy. Contacts. (allAfrica.com)
Xtreme Coil Achieves Record Third Quarter EBITDA and Operating Days and Provides Update Nov 13, 2009
Management believes there is potential to secure contracts in these markets which could utilize several of Xtreme Coil's rigs and potentially increase utilization, revenue and market diversification. Operating Expenses Three months ended Nine months ended 2009 2008 2009 2008 Sep 30 Sep 30 % Change Sep 30 Sep 30 % Change ---------------------------------------------------------------------------- Operating expenses 14,417 18,178 (21) 43,204 35,705 21 Operating expenses (percentage of revenue) 55... (CCNMatthews Press Releases)
African Economic Conference Considers Prospects for Re-Launching Africa's Development Nov 12, 2009
These include unequal distribution of income and high levels of poverty, weak governance, lack of diversification, ineffective use of natural resources and climate change. "We need to identify policy options that will help Africa face up to the challenges in partnership with academia, policy makers and development practitioners. We need to design interventions appropriate to country circumstances.". (allAfrica.com)
Awaiting next bubble's burst Nov 12, 2009
Virtually every asset class - including corporate and municipal bonds, U.S. and foreign stocks, commercial and residential real estate, oil and commodities - was down, leaving many investors wondering what the point of diversification was. The exceptions were gold and U.S. Treasury securities, which benefited from a flight to perceived safety. (San Francisco Chronicle -- Business)
* Taipei needs to expand its trade targets: US study Nov 12, 2009
More open Taiwanese trade and investment with China fits the principles of American foreign policy K Diversification of economic efforts, however, will result in a more vigorous Taiwan K And a more economically dynamic, secure Taiwan is good for peace, stability and prosperity in the region, he said. Cross-straits liberalization is valuable, but it is only one arrow in the quiver K More needs to be done to bolster Taiwans economic future, and America can help, the study said. (Taipei Times, Taiwan)
Norex Reports Improved Third Quarter Results Nov 12, 2009
- During the first nine months of 2009, the Company continued to build on its presence in the resource plays in North America and has expanded its geographic diversification. The Company was active in the oil sands of Alberta, the potash industry in Saskatchewan, the Marcellus shale in the northeastern United States, the Bakken oil play in Saskatchewan and North Dakota, California with renewed industry oil exploration and development, and the Utica shale gas play in Quebec. (CCNMatthews Press Releases)
More returns, less risk Nov 11, 2009
With inflation-beating returns as the number one investment fundamental, one should move swiftly to investment fundamental number two: diversification. for the rest of this Qthe table illustrating the long-term behaviour of the various asset classes. (iAfrica.com)
Scam-proof your savings Nov 11, 2009
Darron West of Foord Asset Management explains that to ignore the necessity of diversification within an investment portfolio is a cardinal sin of investing. "To lose all of one's wealth to a single investment is to admit that one's portfolio was not a portfolio at all (devoid as it was of diversification). "Diversification is critically important in risk reduction ... Too much diversification reduces returns. (iAfrica.com)
Emerging markets to spearhead recovery: HSBC Nov 11, 2009
"The benefits of geographical diversification -- particularly in the Asian space -- was again underlined as (HSBC) pointed towards emerging markets in general having the brightest interim prospects," said analyst Richard Hunter at Hargreaves Lansdown Stockbrokers. "At the same time, management suggested that the worst of the crisis was over, which will be of particular relief to those investors still concerned over the North American experience.". (Yahoo! Asia News)
Will Cigarette Maker Reynolds Try Kicking the Habit? Nov 11, 2009
Reports that Reynolds American may acquire a stop-smoking outfit suggest a new level of tobacco-industry diversification ... It would be either one of the most cynical diversifications ever or a brilliant stroke of synergy. (BusinessWeek)
SC, HK counterpart in Islamic finance tie-up Nov 10, 2009
We expect these inflows to show phenomenal growth in the coming years as investors seek diversification in their investments and use Hong Kong as the platform for such activities, he said. Most Viewed. (The Star Online, Malaysia -- Business)
How to build wealth Nov 10, 2009
Another difference between the phases is that the investor can take more risk during the capital-building phase, whereas diversification and capital protection become increasingly important in the growth phase. "The investor thus plays a more important role than the portfolio manager in the final outcome of the capital-building phase, while the portfolio manager plays a bigger role during the growth phase," he says. (iAfrica.com)
Eva Longoria Parker to Be Honored at MALDEF 35th Annual Los Angeles Awards Gala Nov 10, 2009
As a founding member of the National Latina/o Law Student Association, and Chairperson of the Equal Justice Society and For People of Color, Inc., Solana has been an advocate for the diversification of the legal profession, opening the doors for more lawyers. Dr. Rodolfo Acua will be honored with the MALDEF Lifetime Achievement Award. (Yahoo! Wire -- Entertainment News)
Elder Law: It's hard to tell when inflation will make appearance Nov 8, 2009
There are specific risks associated with investing in individual sectors, including limited diversification. Related Topics. (The News-Press -- Business)
Berkshire Hathaway's Net Income Triples Nov 8, 2009
Berkshire's growing diversification has made it more of a bellwether for the U.S. economy. Its roughly 80 operating units sell such things as Geico car insurance, Dairy Queen ice cream, Benjamin Moore paint and Fruit of the Loom underwear. (ABC News -- Wire)
Community Conversations: East German native recalls fall of Berlin Wall Nov 8, 2009
We discussed the so-called "jobless recovery," banking, how to succeed in business during tough times and the diversification of our economy. Reichert, whose bank is new, expects more troubled banks to be shut down and a change of attitude in lending. (The News-Press -- Opinion)
Investing in commodities Nov 8, 2009
Inclusion of commodities as an asset class in the overall portfolio brings in the advantages of diversification and provides stability. One of the options is to invest in metals, both precious and nonprecious. (India Times)
AMMB set to exceed FY10 profit forecast Nov 7, 2009
Executing to our MTAs around profitable growth, diversification and portfolio rebalancing, has provided the group with resilience and head-start advantage in the current financial year. . (The Star Online, Malaysia -- Business)
LETTER: Contact lawmakers to develop US energy Nov 7, 2009
father bob wrote on Nov 6, 2009 4:02 PM:" HEY!!........lets just sit on our lazy @sses and let china benefit from it. you think they don't know how to make a dollar quicker and easier than this country does???...and on our soil to boot. they laugh all the way to the bank while we haggle over oil and coal instead of looking forward and utilizing technology we already have. technology that was buried away by big oil and gas companies:Friday, November 6, 2009; 1:52 PMAES, the Arlington, Va.-based... (Mattoon Journal-Gazette, IL)
Africa: Environments for Leveraging Economic Opportunity [opinion] Nov 7, 2009
Diversification means there are broader economic opportunities present, strengthening the ability of the economy to absorb shocks. The Diversification Index of the African Economic Outlook report says that the top seven most diversified economies in Africa are Tunisia (75%), Morocco (67%), South Africa (45%), Tanzania (30%), Senegal (22%), Kenya (22%) and Madagascar (21%). (allAfrica.com)
Offshore: pros and cons Nov 7, 2009
The trick is to select the right combination of foreign assets and asset managers in order to produce the desired result in other words, diversification without sacrificing long-term performance ... The concepts of correlation and volatility are central to portfolio diversification ... We measure the effectiveness of diversification by the extent to which the portfolios overall volatility, or deviation of its returns, is reduced. (iAfrica.com)
Location, location, location Nov 7, 2009
Generally, investing in properties must also follow some common principles of investing, such as diversification to spread risks. Since such investments usually come with loans and the ability to keep up with mortgage repayment becomes an important consideration. (The Star Online, Malaysia -- Business)
Fort Myers-based CryoVation succeeds in hard times Nov 6, 2009
The Fort Myers-based company's expertise, diversification and business approach have led to three locations nationally, a worldwide clientele and a solid standing in hard economic times. Manufacturing and installing liquid and compressed gas cylinder-filling systems for the industrial, specialty gas, medical oxygen and beverage gas industries is its specialty. (The News-Press -- Business)
Diversification of assets overseas is must for portfolio Nov 6, 2009
Given the impact that geo-political events have had on regional markets, diversification makes sense ... This diversification within and across asset classes improves the portfolio on the qualitative front ... Diversification of your assets overseas is a must for your portfolio. (India Times)
Tyranny of Distance Curbs Australian Hedge Fund Revival in Post-Madoff Era Nov 6, 2009
We like the diversification that comes with having money sourced from both Australia and abroad, Norman said. which manages more than A$870 million, said the heightened scrutiny can help established firms attract new money. (Bloomberg -- Australia & New Zealand)
The Churchill Corporation Reports Third Quarter Financial Results Nov 5, 2009
(TSX: CUQ) Third Quarter 2009 & YTD Financial Results ------------------------------------------ - Third quarter 2009 net earnings including the earnings from discontinued operations were $15. 86 per share) compared to $11. (Canada Newswire)
Record breaking gold Nov 5, 2009
"While gold is vulnerable to long liquidation, the Reserve Bank of India purchase news yesterday could give rise to further diversification into gold in the coming sessions as investors shy away from the dollar and fiat currencies and turn towards physical/physically backed assets," said James Moore of the BullionDesk. "Gold looks poised to post fresh highs into the $1080 to $1100 area," predicted Moore. (iAfrica.com)
Nzimande gives flawed Setas a stay of execution Nov 5, 2009
But there is always a case to be made for investing abroad because diversification is important ... The question of timing is always tricky because of rand volatility, among other things, but the principle of portfolio diversification is sound. (Business Report, South Africa)
Nigeria: Central Bank Raises Alarm On Rising Cases of Bank Fraud Nov 5, 2009
"Most of the banks reported increased earnings and profitability due to increased lending and business diversification. The crisis in the capital market threatened the liquidity in the banking system due to banks' exposure to margin loans. The CBN took some actions, such as the stoppage of liquidity mop-up and reduction of liquidity ratio from 40 per cent to 30 percent, to assist banks in their liquidity management. "Some of the banks had their foreign lines reviewed downward by their foreign... (allAfrica.com)
Botswana, Nigeria And Cape Verde Secure U.S. $ 441 Million for Energy And Poverty Reduction Projects Nov 5, 2009
African Development Fund (ADF) loan to finance its Economic and Power Sector Reform Program (EPSERP), which seeks to provide access to affordable and reliable electricity in order to encourage economic diversification, sustain growth, create jobs and alleviate poverty. It will also support the implementation of the government's development agenda which aims at improving the electricity system and the business environment for active private sector involvement in the power sector in the medium... (allAfrica.com)
Press Release: Statement of the IMF Mission on the 2009 Article IV Consultation Discussion with Algeria Nov 5, 2009
It is also essential to monitor closely the impact of certain measures in the Supplementary Budget Law of 2009 regarding the economy s diversification prospects. Diversification of the economy should be based on noticeable improvement in the business climate. (IMF News)
CFO of the Year winners announced Nov 5, 2009
I think diversification is the single most productive strategy for any investment portfolio to have. Pay attention to what s going on in today s economy from that perspective. (Pittsburgh Business Times, PA)
Jaipur blaze challengesIndia's oil priorities Nov 5, 2009
8 billion between 2007-2012 in "augmentation of refining and pipeline capacities, expansion of marketing infrastructure and product quality upgradation as well as in integration and diversification projects". Additional money could be spent on the public face of crisis management. (Asia Times Online)
Toys R Us preps bond to takeout CMBS Giraffe; potential IPO in the wings, sources say Nov 5, 2009
The two banks syndicated the mezz directly to investors but were forced to repackage the senior debt into larger CMBS vehicles to meet the diversification requirements of institutional investors. That paved the way for Toys current paydown dilemma. (FT.com -- Markets)
How Cost Of Drug Development Is Lost On Public And Politicians Nov 4, 2009
Broad diversification is often a hedge for ignorance. Trading Center. (Investors Business Daily)
No big deal! Nov 4, 2009
For the rest opinion is bound to be divided between those who view the purchase as an anachronism, a throwback to the past when the barbaric metal commanded a respect quite out of proportion to either its intrinsic value or the return it yielded as an asset class; and those who see it as a welcome diversification of our forex reserves. But with the US dollar showing distinct signs of weakness (not surprising, given its weak macroeconomic fundamentals) and set to weaken further, it makes eminent... (India Times)
Wealth management: Lessons learned in a shaky economy Nov 4, 2009
And diversification is a key component in recouping losses. Goldstein said we ve taken about three steps forward since the March 9 low of 6,440 in the Dow Jones Industrial Average. (San Jose Business Journal, CA)
Draft regulations on Minerals and Mining Act - Alhaji Dauda Nov 4, 2009
He said some of the objectives formulated to address those challenges included further integration of mining into the rest of the economy and diversification of mineral production base; strengthening the mining sector institutions to enable them perform their functions efficiently and effectively; continued efforts to minimise social conflicts in mining communities. Others were improvement in mining sector revenue, its transparency, management and improvement in geological and mineral... (Ghana Web, Ghana)
Carmakers keen on auto finance arms Nov 3, 2009
"The auto financing service can also bring profits to auto companies and the necessary diversification will orient new businesses and realize economies of scale for the automakers," said China Jianyin Investment Securities in a report. "With the support of the government and the development of the market, we predict that after 10 years, the percentage of Chinese buying cars through mortgages will increase to between 40 and 50 percent," said Lang Xuehong, chief auto industry analyst at Sinotrust. (Xinhuanet, China)
Suriname-2009 Article IV Consultation Concluding Statement of the IMF Mission Nov 3, 2009
This involvement should be undertaken within a long-term comprehensive growth strategy of diversification, and economic and environmental sustainability. 13. (IMF News)
* Societe Generale to expand fixed-income Asia team Nov 3, 2009
Its a diversification play. As the share of the worlds gross domestic product in Asia is increasing, funds need to be more focused and turned on to Asia. (Taipei Times, Taiwan -- World)
Mukesh Ambani now drills education sector for fresh biz finds Nov 2, 2009
It is now opening schools as part of a diversification drive. Birla Shloka Edutech, promoted by the Yash Birla Group, is opening super-specialty colleges and pre-schools. (India Times)
Global Perspectives: Weighing in on the depreciating Dollar debate Nov 2, 2009
Diversification may be a viable option for European countries, but China's situation is slightly more complicated. Although China would certainly appreciate alternatives to dollar reserves, its dependence on the American economy substantially limits its options. (The Loyola Greyhound, MD)
Global Crisis `Highlights' Imbalances in East Europe Transition, EBRD Says Nov 2, 2009
The long-term goal of economic diversification remains elusive, the report said. Dependence on wealth from such resources and the very lack of diversification itself stands in the way of development of the sort of institutional framework that would support the creation of a more diverse industrial base. (Bloomberg -- UK)
