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MTC TRENDINVEST: TopFavorit- Hotstock-Short-Daytrading Börse 08.01.09
http://www.manager-magazin.de/img/0,1020,30795,00.jpghttp://chart4.consors.onvista.de/i_chart_158x100.html?WKN=846900&VOL=0&PERIOD=0&GRID=1http://chart4.consors.onvista.de/i_chart_158x100.html?ID_NOTATION=324977&VOL=0&PERIOD=0&GRID=1http://chart4.consors.onvista.de/i_chart_158x100.html?ID_OSI=376396&VOL=0&PERIOD=0&GRID=1
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Dax 4879-57 (TH vorgestern 5111), MDAX 55590-189, Dow 8680-89
http://www.conti-online.com/generator/www/start/com/img/splash_logo_uv.gif
Ich hab ein paar Continental gekauft,
sieht heute gut aus, vor 8Handelstagen (am 22.Dezember) im Tageshoch bei 43, 2Tage vorher sogar bei 44,40 in der Spitze..
über 23 Millionen Euro intraday umgesetzt, letzter 31,04+5,2% (Tageshoch 33,30).
TopFavorit"spekulativ" ,relative Stärke, IntradayChart ok,relativ hohe Umsätze -> dürfte mE weiter steigen:
Continental(con)Börse:X,Kurs:31,04+5,2%,Tagesumsa tz:23Mill.Euro,Stop:30(mit steigendem Kurs nachziehen)
http://isht.comdirect.de/charts/big.chart?hist=1d&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=CON.ETR&lColors=0x000000&sSym=CON.ETR&hcmask=http://isht.comdirect.de/charts/big.chart?hist=1y&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=CON.ETR&lColors=0x000000&sSym=CON.ETR&hcmask=
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Volkswagen gegen den Trend fest, den Stop auf TTief 290 nachziehen..Schlusskurs 298,85 + 1,3% (Tageshoch 304,87)
Zitat von MTC (NoggerT) (Gestern um 17:24)
TopFavorit"konserativ" ,relative Stärke, IntradayChart ok,relativ hohe Umsätze -> dürfte mE weiter steigen:
Volkswagen(vow)Börse:X,Kurs:295,7+3,7%,Tagesumsat z:91Mill.Euro,Stop:285(mit steigendem Kurs nachziehen)
http://isht.comdirect.de/charts/big.chart?hist=1d&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=VOW.ETR&lColors=0x000000&sSym=VOW.ETR&hcmask=http://isht.comdirect.de/charts/big.chart?hist=1y&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=VOW.ETR&lColors=0x000000&sSym=VOW.ETR&hcmask=
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Commerzbank sieht weiterhin short aus, war im Tagestief bei 4,79-21,3%, Schlusskurs 5,19-13,8%, den Stop auf 5,70 nachziehen..
Zitat von MTC (NoggerT) (Gestern um 17:24)
RUTSCHGEFAHR,unter Druck/charttechn.angeschlagen,oder kurzfristig heiss gelaufen ->dürfte mE fallen:
Commerzbank(cbk)Börse:X,Kurs:5,98-6,4%,Tagesumsatz:50Mill.Euro,TraderStop:6,2(mit fallendem Kurs nachziehen)
http://isht.comdirect.de/charts/big.chart?hist=1d&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=CBK.ETR&lColors=0x000000&sSym=CBK.ETR&hcmask=http://isht.comdirect.de/charts/big.chart?hist=1y&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=CBK.ETR&lColors=0x000000&sSym=CBK.ETR&hcmask=
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HotStock"hoch spekulativ" ,relative Stärke, IntradayChart ok,relativ hohe Umsätze -> dürfte mE weiter steigen:
SchmackBiogas(sb1)Börse:X,Kurs:4,57+10,2%,Tagesum satz:467.000Euro,Stop:4,2(mit steigendem Kurs nachziehen)
http://isht.comdirect.de/charts/big.chart?hist=1d&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=SB1.ETR&lColors=0x000000&sSym=SB1.ETR&hcmask=http://isht.comdirect.de/charts/big.chart?hist=1y&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=SB1.ETR&lColors=0x000000&sSym=SB1.ETR&hcmask=
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WL/Depot:
Jenoptik heute rein vom Chart her die stärkste Xetra Aktie
, über 538,786 Aktien umgesetzt, Schlusskurs am Tageshoch 5,91+7,84%, über 6Euro könnte es morgen nochmal squeezen..
http://isht.comdirect.de/charts/big.chart?hist=1d&type=CONNECTLINE&dsc=abs&ind0=VOLUME&¤cy=&&lSyms=JEN.ETR&lColors=0x000000&sSym=JEN.ETR&hcmask=
Bullrider
08.01.2009, 17:59
Erster :-)
HappyHypo
08.01.2009, 17:59
Nabend
Erster 8-)
wallaceX
08.01.2009, 17:59
:lol:
HappyHypo
08.01.2009, 17:59
Nabend
Erster 8-)
D'oh!
Powertrader
08.01.2009, 18:00
:-$
PaulZwei
08.01.2009, 18:02
d.h. keine sparkassen, keine landesbanken, keine genossenschaftler, die wenigsten privatbanken (stichwort AR).
das wird ne aufwendige recherche, bei der banksuche.
mfg
mh
da gebe ich dir recht ;-)
So meine Herren........mache Feierabend.....bin total platt vom traden heute Nachmittag, aber hat sich gelohnt!
Wünsche euch noch was! Bis morgen!
die vielen neuen nutzer dieses forums, besonders diejenigen die nicht wissen was eine schlussauktion ist, lesen bitte folgende ausführungen:
http://board.trendinvest.net/showpost.php?p=733041&postcount=7
zufälligerweise hab ich da ein paar ganz heiße Links vorbereitet!
http://board.trendinvest.net/showpost.php?p=1403509&postcount=8
Stichwort: XETRA Marktmodell
Öl sg0z27 bin ich auf der 12 ausgestoppt worden (KK 8,33) - da wäre mehr drinnen gewesen:roll:;-)
kleine posi banro corp zu 1,21 long
jochhell
08.01.2009, 18:14
TAGESVORSCHAU: Termine am 09. Januar 2009 FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Freitag, den 09. Januar 2009: ^ TERMINE MIT ZEITANGABE 06:00 J: Frühindikatoren 11/08 08:00 D: Statistisches Bundesamt Einzelhandelsumsatz 11/08 08:00 D: Statistisches Bundesamt Insolvenzen 10/08 08:45 F: Industrieproduktion 11/08 10:30 GB: Erzeugerpreise 12/08 10:30 GB: Industrieproduktion 11/08 11:00 EU: Einzelhandelsumsatz 11/08 12:00 D: Industrieproduktion 11/08 14:30 USA: Arbeitslosenzahlen 12/08 16:00 USA: Lagerbestände und Umsätze Großhandel 11/08
TERMINE OHNE GENAUE ZEITANGABE D: BMW Absatzzahlen 12/08
uranium one heute stark gegen den Trend,
hab paar zu 1,82 abgefischt ;-)
denison mining
schaut weiter gut aus,
entscheidend wird sein, ob das TH mit vola genommen werden kann, Ziel dann 1,85 - 2
stop TT
http://isht.comdirect.de/charts/big.chart?hist=5d&type=CONNECTLINE&ind0=VOLUME&¤cy=&&lSyms=DML.TOR&lColors=0x000000&sSym=DML.TOR&hcmask=
western canadian coal
bleibt mit EK ,63 drin,
könnte um die ,60 den Boden finden, seit vorgestern halbiert, VK-Druck lässt langsam nach.
https://isht.comdirect.de/charts/big.chart?hist=3m&type=candle&ind0=VOLUME&¤cy=&&lSyms=WTN.TOR&lColors=0x000000&sSym=WTN.TOR&hcmask=
gestrige Übern8 posi
georgia guf corp. sehr stark auf TH,
stop nachgezogen, hoffe noch auf Ralley in Richtung 1,60 - 1,70
http://isht.comdirect.de/charts/big.chart?hist=3m&type=candle&ind0=VOLUME&¤cy=&&lSyms=GGC.NYS&lColors=0x000000&sSym=GGC.NYS&hcmask=
Auch ein paar CON long 21,30;-)
Schönen Abend;-)
goodtimer
08.01.2009, 18:36
hier könnte man long gehen, sehr gute umsätze heut, warte auf`n kleinen rücksetzer;)
http://www.ariva.de/chart/images/chart.m?secu=6469&boerse_id=21&t=week&host=w18.rzki.ariva.de
http://aktien.wallstreet-online.de/charts/instinformer.php?&inst_id=5020&market_id=9&spid=ws&tr=3m&ct=jc&grid=on&gb=1d&log=0&redvol=0&ind1=macd&ind2=boll&gd1=-26&gd2=-200&size=tool&till=1231459200&1231435962
Zockerposi p2j1 zu ,077 long :lol::lol:
waren heute schon bei ,17 ;-)
Longhorn
08.01.2009, 18:44
:king:
P.S. GW :-)
Auch ein paar CON long 21,30;-)
Schönen Abend;-)
Der Karlsruher
08.01.2009, 18:47
08.01.2009 18:25:44 - XETRA-SCHLUSS/Schwächer - Commerzbank brechen ein
FRANKFURT (Dow Jones)--Der deutsche Aktienmarkt hat am Donnerstag nach äußerst
volatilem Handel schwächer geschlossen. Im Zentrum des Interesses standen dabei
Allianz und Commerzbank. Nachdem zuvor schon Informationen durchgesickert waren,
teilte die Frankfurter Bank am späten Nachmittag mit, dass ihr vom Sonderfonds
Finanzmarktstabilisierung (SoFFin) 10 Mrd EUR zusätzliches Eigenkapital zur
Verfügung gestellt wird. Dazu gibt sie rund 295 Mio Stammaktien aus und erhält
eine stille Einlage über rund 8,2 Mrd EUR. Als Preis pro Aktie wurden 6 Euro
vereinbart. Die Kernkapitalquote der Bank soll damit rund 10% erreichen.
Nach der Transaktion halte der Bund 25% plus eine Aktie an der neuen
Commerzbank. Zusätzlich sei beabsichtigt, dass die Allianz die
Kapitalausstattung der Dresdner Bank mit 1,1 Mrd EUR stärke, so die Mitteilung.
Man sei im Handel erstaunt, um nicht zu sagen schockiert über die aktuelle
Entwicklung, kommentierte ein Marktteilnehmer die Entwicklung.
Letztlich sei der plakative Begriff "Verstaatlichung" bei der Commerzbank nicht
unangebracht. Anscheinend habe das Institut zunächst nicht genau gewusst, auf
was es sich bei der Dresdner Bank einlasse, hieß es weiter. Allianz verloren
5,4% auf 66,67 EUR und Commerzbank brachen um 13,8% auf 5,25 EUR ein. Im
Tagestief wurden die Aktien mit 65,50 EUR bzw 4,79 EUR gehandelt.
Der DAX zeigte sich kaum weniger schwankungsfreudig als die beiden Finanzaktien
und verlor 1,2% bzw 58 Punkte auf 4.880. Das Tageshoch lag bei 4.918, das Tief
bei 4.820 Zählern. Umgesetzt wurden an DAX-Titeln auf Xetra rund 156,4 (Vortag:
137,8) Mio Aktien im Wert von rund 3,32 (Vortag: 2,87) Mrd EUR.
Als Belastung nannten Händler des Weiteren die Gewinnwarnung des
US-Einzelhandelskonzerns Wal-Mart. Damit habe ein weiterer großer US-Konzern
eine Hiobsbotschaft verbreitet, hieß es. Das Bild verdüstere sich zusehendes.
"Die Märkte haben zu Jahresbeginn etwas von der Hoffnung auf die
Konjunkturpakete profitiert, doch nun kommt die Ernüchterung", sagte ein
Händler.
Die Zinssenkung der Bank of England (BoE) um 50 Basispunkte auf nun 1,5%
lieferte keinen Impuls für den Aktienmarkt. Im Vorfeld war teilweise mit einem
größeren Zinsschritt gerechnet worden. Für Zurückhaltung sorgte auch die Furcht
vor den monatlichen US-Arbeitsmarktdaten am Freitag, nachdem der ADP-Bericht am
Vortag deutlich schlechter als erwartet ausgefallen war. Bei 4.850 wird die
nächste Unterstützung für den DAX gesehen.
Nach dem deutlichen Kursplus der vergangenen Tage setzten bei Infineon
Gewinnmitnahmen ein, die das Papier um 10,5% auf 1,07 EUR nach unten zogen.
Händler machten auch die allgemein schlechte Nachrichtenlage für Halbleiter
dafür verantwortlich. Die Gewinnwarnung von Intel habe die Situation einmal mehr
unterstrichen.
Deutsche Postbank fielen nach einer Kurszielsenkung durch die UBS um 8,8% auf
14,31 EUR, litten aber auch unter den Abgaben im Finanzsektor. Deutsche Post
sanken nach einer Herunterstufung durch Morgan Stanley auf "Underweight" um 3,6%
auf 10,90 EUR. Metro büßten im Fahrwasser der Wal-Mart-Gewinnwarnung 5,9% auf
25,90 EUR ein.
Volkswagen setzten dagegen die Aufwärtsbewegung fort und stiegen um 1,3% auf
298,85 EUR. Die Hoffnung auf eine hohe Abfindung für die wenigen verbleibenden
Stücke wurde hier weiterhin als Grund für die Gewinne angeführt.
Im maschinenbaulastigen MDAX, der um 3,3% fiel, kam es bei vielen Werten zu
deutlichen Verlusten. Der Auftragseingang in der deutschen Industrie ist weiter
auf Talfahrt. Im November waren die Bestellungen nochmals massiv um 6% gegenüber
dem Vormonat eingebrochen. Im Vergleich zum Vorjahr steht damit jetzt ein Minus
von gut 27% zu Buche. Die deutschen Außenhandelsdaten zeigten einen regelrechten
Kollaps der Exporte, meinte ein Volkswirtin. Einen so starken Vormonatsrückgang
der Ausfuhren habe es seit der Wiedervereinigung noch nicht gegeben.
"Deutlich unter Erwartung" sei der Zwischenbericht von Praktiker ausgefallen,
hieß es im Handel. Eine Prognose zum Ergebnis wollte Praktiker noch nicht
abgeben. "Ich finde es schlimm, wenn jemand nach Jahresende noch keine
Indikation für den Gewinn abgeben kann", sagte ein Händler. Praktiker stürzten
um 17,2% auf 6,00 EUR ab.
Continental legten dagegen um 5,3% zu, nachdem Schaeffler gemeldet hatte, nun
49,9% zu halten. "Natürlich laufen die Spekulationen jetzt wieder Richtung einer
Komplettübernahme zu einem späteren Zeitpunkt", meinte ein Marktteilnehmer.
Zudem war von Leereindeckungen die Rede, weil zuvor Conti-D-Aktien gekauft und
Conti-Aktien gleichzeitig "geshortet" worden seien. Damit sollte das Kursrisiko
beim Scheitern der Übernahme minimiert werden, hieß es. Im TecDAX standen die
zahlreichen Solarwerte wegen der Befürchtung rückläufiger Investitionen
angesichts der Wirtschaftsschwäche unter Druck. Anlagenbauer Aixtron knickte um
9,6% auf 4,16 EUR ein.
DJG/mif/flf
Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 08, 2009 12:25 ET (17:25 GMT)
© 2009 Dow Jones & Company, Inc.
Markt nachbörslich weiter hoch, daxfuture hat 90Punkte vom
Tagestief augeholt, Dax nachbörslich 30 Punkte Aufschlag..4906
mysticmerlin
08.01.2009, 19:00
Test der 4820 wird es noch mal geben, spätestens Morgen und dann Entscheidung.
Ab in die Grütze oder ein neues Luftschloss. ;-)
Markt nachbörslich weiter hoch, daxfuture hat 90Punkte vom
Tagestief augeholt, Dax nachbörslich 30 Punkte Aufschlag..4906
novadel pharma an der amex auch sehr stark
Onkel Dagobert
08.01.2009, 19:02
was meinste denn genau? kann dich nur ansatzweise verstehen
d.h. keine sparkassen, keine landesbanken, keine genossenschaftler, die wenigsten privatbanken (stichwort AR).
das wird ne aufwendige recherche, bei der banksuche.
mfg
mh
da gebe ich dir recht ;-)
laura2000
08.01.2009, 19:11
ist noch jemand bei der Commerzbank dabei?
GW. sieht momentan nach weiteren Tiefs aus
und raus \\:D/
DOW long
und raus \\:D/
DOW long
GW welchen Schein hast du benutzt?
Dynavax
Last Sale
1.00
0.18 + 21.95%
TH 1,04
TT 0,79
http://ih.advfn.com/p.php?pid=staticchart&s=N%255EDVAX&p=0&t=1&showctype=1&width=336&height=190
USA wieder auf Tagestief....der FDAX dagegen noch 60Punkte über TTief...
Markt nachbörslich weiter hoch, daxfuture hat 90Punkte vom
Tagestief augeholt, Dax nachbörslich 30 Punkte Aufschlag..4906
und raus \\:D/
DOW long
GW welchen Schein hast du benutzt?
dow-future am tt (8604).
vk ,10 ;-)
Zockerposi p2j1 zu ,077 long :lol::lol:
waren heute schon bei ,17 ;-)
BRENT neues TT und in GAZA ist Krieg ](*,)
wallaceX
08.01.2009, 19:32
die armen Leute da unten. uns gehts sooo gut
BRENT neues TT und in GAZA ist Krieg ](*,)
NimmAlles
08.01.2009, 19:32
BRENT neues TT und in GAZA ist Krieg ](*,)
Da sieht man, dass das keine Sau interessiert.:-?
Brent 222X zu 6,90 €.
die armen Leute da unten. uns gehts sooo gut
BRENT neues TT und in GAZA ist Krieg ](*,)
la paloma und servus miteinand. :salute:
Krieg = Panik/Angst = höhere Ölpreise, egal wo! außerdem brennt es da unten schon länger... Irak, Iran etc.
mir wäre neu, dass der gaza-streifen die welt mit öl beliefert.
mfg
mh
BRENT neues TT und in GAZA ist Krieg ](*,)
Da sieht man, dass das keine Sau interessiert.:-?
Von dieser Vorstellung muß man sich lösen ... über Jahre wurde versucht jegliche faire Bewertung respektive Übertreibung des Öls mit Kriegen/Verknappungen etc. zu rechtfertigen.
Der Markt siehts anders ... und hat bekanntlich immer recht. ;-)
Krieg = Panik/Angst = höhere Ölpreise, egal wo! außerdem brennt es da unten schon länger... Irak, Iran etc.
mir wäre neu, dass der gaza-streifen die welt mit öl beliefert.
mfg
mh
BRENT neues TT und in GAZA ist Krieg ](*,)
Da sieht man, dass das keine Sau interessiert.:-?
Was bringen eigentlich diese Posts mit nur einem Smilie? ^^
Ihr könnt übrigens eine minimale Beitragslänge einsellen(@Admins) ;)
soo.. auch DOW long. :p
dpa rockt :-D
ebenfalls paar grande cache coal zu 1,02 drinne...
selbes Spielchen wie unten ;-)
https://isht.comdirect.de/charts/big.chart?hist=3m&type=candle&ind0=VOLUME&¤cy=&&lSyms=GCE.TOR&lColors=0x000000&sSym=GCE.TOR&hcmask=
western canadian coal
bleibt mit EK ,63 drin,
könnte um die ,60 den Boden finden, seit vorgestern halbiert, VK-Druck lässt langsam nach.
https://isht.comdirect.de/charts/big.chart?hist=3m&type=candle&ind0=VOLUME&¤cy=&&lSyms=WTN.TOR&lColors=0x000000&sSym=WTN.TOR&hcmask=
laura2000
08.01.2009, 19:50
behält die jemand über Nacht?
ist noch jemand bei der Commerzbank dabei?
für 21,3 hätt ich die alle genommen
:king:
P.S. GW :-)
Auch ein paar CON long 21,30;-)
Schönen Abend;-)
Charttechnisch dürfte imho Luft bis ca. 60 $ kurzfristig drin sein.
Von dieser Vorstellung muß man sich lösen ... über Jahre wurde versucht jegliche faire Bewertung respektive Übertreibung des Öls mit Kriegen/Verknappungen etc. zu rechtfertigen.
Der Markt siehts anders ... und hat bekanntlich immer recht. ;-)
Krieg = Panik/Angst = höhere Ölpreise, egal wo! außerdem brennt es da unten schon länger... Irak, Iran etc.
mir wäre neu, dass der gaza-streifen die welt mit öl beliefert.
mfg
mh
BRENT neues TT und in GAZA ist Krieg ](*,)
Da sieht man, dass das keine Sau interessiert.:-?
Nachdem ich Trottel es vorhin total vergeigt hab, weil ich mich an den 6,- Euro festgebissen hab, halt ich sie jetzt, der schöne Hypegewinn ist eh weg und solang ich noch im Plus bin, lass ich sie halt noch laufen, Gier muss bestraft werden :pale:
behält die jemand über Nacht?
ist noch jemand bei der Commerzbank dabei?
GenVec;)
WKN: 580662
https://isht.comdirect.de/charts/small.ewf.chart?hist=10d&sSym=GNVC.NAS
https://isht.comdirect.de/charts/small.ewf.chart?hist=6m&sSym=GNVC.NAS
http://ih.advfn.com/p.php?pid=staticchart&s=N%255EGNVC&p=0&t=1&showctype=1&width=336&height=190
http://board.trendinvest.net/showpost.php?p=1403697&postcount=819
im neuen thread sagt man erstmal guten tag und freut sich über neue chancen
das is historisch bedingt, da leg nicht mal ich meine hand dran.^^
mfg
mh
Was bringen eigentlich diese Posts mit nur einem Smilie? ^^
Ihr könnt übrigens eine minimale Beitragslänge einsellen(@Admins) ;)
die story: Der große Rausch (WDR)Ein Investmentbanker packt aus
Sendeanstalt und Sendedatum: Donnerstag, 8. Januar 2009, 23.45 Uhr im Ersten
Folgende Story, wäre mir aber lieber
Nogger ---der Supertrader...oder
SERKI...der der ""Bottom-Fischer""\\:D/\\:D/:lol::lol::lol::lol:
Toysareus
08.01.2009, 20:22
Abend Board! :salute:
Momentan ist es bei uns wärmer als bei euch 8-) (ok...wohne nicht auf einem Berg, vielleicht liegt es daran :lol:)
:tongue:
krieg und panik gibt es im irak seit mind. 2003. das
btw: in zeiten russischer gasverweigerung sind solch nette staaten wie lybien bereit uns mehr gas zur verfügung zu stellen (außer den schweizern, aber die konnten wir dank ihrer tiefen temperaturen eh nie leiden).
irgendwie is da keiner der lieferprobs hat, im gegenteil... die wollen liefern, mehr und mehr.
mfg
mh
Von dieser Vorstellung muß man sich lösen ... über Jahre wurde versucht jegliche faire Bewertung respektive Übertreibung des Öls mit Kriegen/Verknappungen etc. zu rechtfertigen.
Der Markt siehts anders ... und hat bekanntlich immer recht. ;-)
Krieg = Panik/Angst = höhere Ölpreise, egal wo! außerdem brennt es da unten schon länger... Irak, Iran etc.
mir wäre neu, dass der gaza-streifen die welt mit öl beliefert.
mfg
mh
BRENT neues TT und in GAZA ist Krieg ](*,)
Da sieht man, dass das keine Sau interessiert.:-?
slugger777
08.01.2009, 20:32
Einen schönen Abend zusammen!! :salute:
http://magazine.web.de/images/916/5906916,h=300,mxh=1000,mxw=470,pd=1,w=400.jpg
Für Spencer Tunicks neueste Nackt-Installation kamen tausende Models ins Wiener Ernst-Happel-Stadion. War da wer dabei?? :oops::lol:
"Nackerte" posieren für Tunick im Fußballstadion"
Ein Kunstwerk braucht viel Geduld, wenig Schamgefühl und muss mit Kälte umgehen können - zumindest wenn Menschen das Motiv sind. Und wenn Spencer Tunick der Künstler ist. 1.840 Freiwillige kommen bei sonnigem Frühlingswetter am Sonntagmittag in das Wiener Ernst-Happel-Stadion, der Endspielarena der Fußball-Europameisterschaft, um sich für eine Kunstinstallation des Amerikaners Spencer Tunick gratis auszuziehen. Bis zum Einbruch der Dunkelheit gibt der Künstler Anweisungen per Megafon oder Stadionlautsprecher und lässt die entkleideten Menschen in immer anderen Stellungen neben dem Spielfeld oder auf der Tribüne posieren.
http://tbn3.google.com/images?q=tbn:l9p36ss3bx5FGM:http://bp2.blogger.com/_-KrcV2IhOYM/R94JOjcwsgI/AAAAAAAAAVI/LpxMrc7dTb4/s400/Gaddafi.jpg
Libyen!!!!!!!!
Libya (Arabic: ليبيا Libyan vernacular: Lībya, officially the Socialist People's Libyan Arab Great Jamahiriya, SPLAGJ
( الجماهيرية العربية الليبية الشعبية الإشتراكية العظمى Al-Jamāhīriyyah al-ʿArabiyyah al-Lībiyyah aš-Šaʿbiyyah al-Ištirākiyyah al-ʿUẓmā
wir sprechen alle nach:
http://upload.wikimedia.org/wikipedia/commons/2/2a/Al-Jamahiriyyah_al-Arabiyyah_al-Libiyyah_ash-shabiyyah_al-Ishtirakiyyah_al-Udhma.ogg
:lol:
...und sagen Danke fürs Gas, lieber MG!
interessant!
die story: Der große Rausch (WDR)Ein Investmentbanker packt aus
Sendeanstalt und Sendedatum: Donnerstag, 8. Januar 2009, 23.45 Uhr im Ersten
Könnte ne interessante Dokumentation sein:
Der große Rausch
Ein Investmentbanker packt aus
23.45 Uhr auf ARD
http://www.taz.de/1/leben/medien/artikel/1/jugendlicher-fruehrentner/
Geraint Andersons Kolumnen:
http://cityboy.thelondonpaper.com/
...und was gibts sonst neues bei unseren arabischen Freunden?
klicken wir rüber zu Al-Aqsa TV (http://www.bild.de/BILD/news/vermischtes/2009/01/08/tv-panne-in-gaza/hamas-techniker-schaltet-sexprogramm-auf-terrorsender.html)
TSMC faces record lows in fab utilization
Mark LaPedus
EE Times
(01/08/2009 10:42 AM EST)
SAN JOSE, Calif. -- It's going from bad to worse among Taiwan's leading foundries: Taiwan Semiconductor Manufacturing Co. Ltd.'s business is worse than expected, while United Microelectronics Corp. sees a major sales decline.
TSMC's ''customers are cutting orders, driving down utilization rates to historical lows, according to a report from FBR Capital Markets. ''We believe there is increased probability that utilization rates at TSMC could even decline to below 40 percent in 1Q '09, potentially setting a new historical low compared to the last historical low of 41 percent that occurred in 2Q '01.''
This is worse than previously expected. In a report released in December, FBR said it expected TSMC's capacity utilization, which had been significantly above 90 percent in the third quarter, to fall to the low 60 percent or high 50 percent range in Q4 and to 45 percent or lower this quarter. In a separate report, FBR said it expected UMC's utilization rate to about 40 percent in the first quarter of 2009.
At present, TSMC's wafer starts are falling--and fast. ''Although TSMC lowered 4Q '08 revenue guidance in early December, prompting us to lower our (calendar 2009) estimates, checks this week in Taiwan suggest continued cutbacks in wafer starts, so far, in early January,'' according to FBR.
''Specifically, we now expect wafer shipments to have declined by as much as 35-38 percent quarter-over-quarter in 4Q '08 (verses previous expectations of down 30-35 percent), and we now expect 1Q '09 wafer shipments to be down by as much as 30 percent quarter-over-quarter (verses previous expectations of 25 percent),'' according to the report.
''This is expected to seriously test TSMC's ability to remain above break-even point in 1H '09,'' according to the report. ''Our checks also indicate that, although the wafer start cuts are being done by customers across all different end markets, the wireline customer orders (specifically Altera) have remained relatively stable while customers like CSR, Himax, Broadcom, Freescale, Marvel, Omnivision, Sunplus, TI, and Zoran have had the most cuts.''
FBR is cutting its 2008/2009 EPS estimates for TSMC again, lowering them from the previous $0.62/$0.20 (or NT$3.88/1.32) to $0.62/$0.07 (or NT$3.85/0.47).
Business is also bad at Taiwan rival UMC. UMC's December sales were NT$4.609 billion ($139 million), down 45.54 percent from a year earlier and 23.49 percent lower than November's level.
For 2008, UMC's sales were NT$92.5 billion ($2.789 billion), down 13.34 percent from a year earlier.
Zauberer
08.01.2009, 20:58
halte den gestern geposteten dow long
cm6cjh
LOOOL herzlichen Dank für den Link!
Sehr amüsant. :D
...und was gibts sonst neues bei unseren arabischen Freunden?
klicken wir rüber zu Al-Aqsa TV (http://www.bild.de/BILD/news/vermischtes/2009/01/08/tv-panne-in-gaza/hamas-techniker-schaltet-sexprogramm-auf-terrorsender.html)
laura2000
08.01.2009, 21:06
morgen gibt es wieder eine neue Chance :-D
Name:COMMERZBANK
BID:5.28
ASK:5.35
Nachdem ich Trottel es vorhin total vergeigt hab, weil ich mich an den 6,- Euro festgebissen hab, halt ich sie jetzt, der schöne Hypegewinn ist eh weg und solang ich noch im Plus bin, lass ich sie halt noch laufen, Gier muss bestraft werden :pale:
behält die jemand über Nacht?
ist noch jemand bei der Commerzbank dabei?
Satyam still an attractive buy, say industry experts ;)
http://economictimes.indiatimes.com/articleshow/3954033.cms
Lapismuc
08.01.2009, 21:17
ein interessanter Wert:thumb_right:
SIBIR ENERGY PLC REGISTERED SHARES LS -,10 (A0DNWU) GB00B04M0Q71
Marktkap. 719,0 Mio. €
Aktienanzahl 386,6 Mio.
lol :lol::lol::lol:
die story: Der große Rausch (WDR)Ein Investmentbanker packt aus
Sendeanstalt und Sendedatum: Donnerstag, 8. Januar 2009, 23.45 Uhr im Ersten
Folgende Story, wäre mir aber lieber
Nogger ---der Supertrader...oder
SERKI...der der ""Bottom-Fischer""\\:D/\\:D/:lol::lol::lol::lol:
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
dito :salute:
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
Dazu müssen die "last hour insane moves" der Ami's allerdings ausbleiben. :)
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
Zauberer
08.01.2009, 21:41
move kommt...
Dazu müssen die "last hour insane moves" der Ami's allerdings ausbleiben. :)
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
Today's High
$ 0.83
+38,33 ;)
GenVec;)
WKN: 580662
https://isht.comdirect.de/charts/small.ewf.chart?hist=10d&sSym=GNVC.NAS
https://isht.comdirect.de/charts/small.ewf.chart?hist=6m&sSym=GNVC.NAS
http://ih.advfn.com/p.php?pid=staticchart&s=N%255EGNVC&p=0&t=1&showctype=1&width=336&height=190
http://board.trendinvest.net/showpost.php?p=1403697&postcount=819
http://www.jaunted.com/story/2009/1/3/132647/0611/travel/Matt+Comes+Clean%3A+He+Was+Faking+It+All+Along
Matt Comes Clean: He Was Faking It All Along
Sowas macht man aber nicht. :lol:
Und auf KK wieder raus ...
Dazu müssen die "last hour insane moves" der Ami's allerdings ausbleiben. :)
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
...doch noch da :roll:
lol :lol::lol::lol:
die story: Der große Rausch (WDR)Ein Investmentbanker packt aus
Sendeanstalt und Sendedatum: Donnerstag, 8. Januar 2009, 23.45 Uhr im Ersten
Folgende Story, wäre mir aber lieber
Nogger ---der Supertrader...oder
SERKI...der der ""Bottom-Fischer""\\:D/\\:D/:lol::lol::lol::lol:
bleibe drin..mal sehen wie sich das entwickelt
Dow long
Zauberer
08.01.2009, 21:52
über 8.700 ist morgen einiges möglich. bleibe auch long.
bleibe drin..mal sehen wie sich das entwickelt
Dow long
paar NVD long zu 0,39 $ nachdem die heute über 0,50 $ gelaufen war
könnte morgen mit gap eröffnen ;-)
http://www.marketwatch.com/charts/int-basic.chart?symb=NVD&sid=1274967&time=4&startdate=&enddate=&freq=1&comp=&compidx=aaaaa~0&uf=0&ma=&maval=&type=2&size=1&lf=1&lf2=&lf3=&style=1013&mocktick=1&rand=758414864
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
Gute Nacht ...;)
http://www.youpimped.com/gallery/gallery_1629.jpg
Roubini forecasts recession will last 2 years
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
Gute Nacht!
http://www.shaylaren.com/free/pics//slinbath/DSC_0045_JPG.jpg
slugger777
08.01.2009, 22:12
naja, dann wissen wir wenigstens ungefähr wann die Rezession enden wird...dann ist die Luft quasi raus und das Motto lautet...kaufen kaufen kaufen:---)
der Rest ist eh wurscht...
Roubini forecasts recession will last 2 years
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
Zauberer
08.01.2009, 22:16
gute nacht...bis morgen und süsse träume ;-)
Das Kapital
Realität und Realitätsverlust
Die deutschen Industrie-Auftragseingänge sinken mit einer Jahresrate von 41 Prozent. Doch die Analysten kriegen wieder mal nichts mit.
Harte Daten sind immer noch etwas anderes als Umfragewerte. Deshalb war die Bestürzung am Donnerstag groß, als bekannt wurde, dass die Auftragseingänge im hiesigen verarbeitenden Gewerbe im November real um 24 Prozent unter dem Vorjahr lagen. Einen derartig starken Rückgang zum Vorjahr hat es seit Beginn der saisonbereinigten Bundesbank-Reihe im Jahre 1952 noch nicht gegeben. Mehr noch: Vergleicht man den jüngsten Dreimonatsdurchschnitt mit jenem drei Monate zuvor, sind die Aufträge zuletzt mit einer annualisierten Rate von 41,1 Prozent gepurzelt.
Sollten wir überrascht sein? Nicht doch. Geht es nach der Auftragskomponente des Ifo, den Einkaufsmanagerindizes oder den Umfragen der EU-Kommission, die bereits für den Dezember vorliegen, kommt es noch schlimmer (auch wenn bei den offiziellen Daten immer mal ein Monat aus der Reihe tanzen kann). Insbesondere der ebenfalls am Donnerstag vermeldete Wirtschaftsklimaindex der EU-Kommission, der die Stimmung von Verbrauchern, Industriefirmen, Baugewerbe, Dienstleistern und Einzelhändlern reflektiert und daher recht brauchbar ist, zeichnet ein düsteres Bild.
Die bis 1985 zurückreichenden Stimmungsindizes sind in der EU allesamt auf ein neues Tief gefallen - bis auf den Bau, wo es allerdings ebenfalls mächtig runtergeht. Die Stimmungsverschlechterung erstreckt sich dabei auf alle EU-Länder, in welche Himmelsrichtung man auch schaut. In der EU ist die Arbeitslosenquote seit dem Frühjahr bereits von 6,8 auf 7,2 Prozent im November gestiegen, im Euro-Raum gar von 7,2 auf 7,8 Prozent - obwohl die Quote laut Eurostat-Definition in Deutschland von 7,5 auf 7,1 Prozent gesunken ist. Der Einbruch der nominalen deutschen Exporte im November um 10,6 Prozent zum Vormonat leitet kurzum erst den Anfang eines scharfen Rückgangs ein. Dass in Deutschland auch die Aufträge im Bauhauptgewerbe im Oktober real um 20,6 Prozent unter dem Vorjahr lagen, ist da beinahe nur eine Randnotiz.
Jedenfalls scheinen selbst die Schätzungen einiger Aktienstrategen einer Gewinnhalbierung in Europa 2009 langsam optimistisch. Dass die Aktienanalysten für die nichtfinanziellen Firmen mit einem Minus von 6,4 Prozent (nach plus 4,2 Prozent 2008) rechnen, ist mittlerweile peinlich. Wozu braucht man diese Leute, wenn ihre Prognosen nicht mal mehr als grober Anhaltspunkt für die Bewertung von Aktien dienen können?
Toysareus
08.01.2009, 22:22
So Traderz, wünsche euch einen schönen Abend & Gute Nacht!
:salute:
Der Karlsruher
08.01.2009, 22:25
08.01.2009 22:02:24 - XETRA-NACHBÖRSE/DAX-Indikation (22 Uhr): 4.903 - 4.917 Punkte
FRANKFURT (Dow Jones)--Gegen 22.00 Uhr sind am Donnerstag folgende nachbörsliche
Indikationen für den DAX festgestellt worden:
XETRA-Schluss 4.880
DAX-Indikation Veränderung zu
(22 Uhr) XETRA-Schluss
DBAX 4.917 +0,8%
CGAX 4.915 +0,7%
L&SAX 4.903 +0,5%
Von einem ruhigen Geschäft berichtete eine Händlerin von Lang & Schwarz.
Commerzbank wurden sowohl ge- als auch verkauft und mit 5,30 EUR leicht über dem
Xetra-Schluss gestellt. Die Aktie hatte im regulären Handel 14% verloren,
nachdem über den zusätzlichen Bedarf an Eigenkapital berichtet worden war.
DJG/raz
Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 08, 2009 16:02 ET (21:02 GMT)
Der Karlsruher
08.01.2009, 22:25
08.01.2009 21:12:13 - Ölpreis schließt an der Nymex erneut leichter
NEW YORK (Dow Jones)--Der Ölpreis hat am Donnerstag am dritten Tag in Folge mit
Abschlägen geschlossen, da weiterhin die Sorge vor einer sich verschärfenden
konjunkturellen Lage lastete. Der Februarkontrakt auf ein Barrel Light Sweet
Crude fiel um 0,93 USD oder 2,2% auf 41,70 USD.
Neue Konjunkturdaten gaben den Befürchtungen um eine weiter sinkende Nachfrage
Auftrieb. So stieg die Zahl der Bezieher von Arbeitslosenhilfe auf den höchsten
Stand seit über 26 Jahren. Allerdings fiel die Zahl der Erstanträge niedriger
aus als erwartet. Angesichts der weltweiten Rezession sei eine nachhaltige Rally
bei Rohstoffen nicht zu erwarten, sagte ein Händler.
DJG/DJN/raz
Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 08, 2009 15:12 ET (20:12 GMT)
© 2009 Dow Jones & Company, Inc.
Der Karlsruher
08.01.2009, 22:26
08.01.2009 22:13:28 - EUREX/DAX-Futures schließen etwas leichter
FRANKFURT (Dow Jones)--Etwas leichter haben die DAX-Futures am Donnerstag
geschlossen, wobei sie im Späthandel ihre Verluste verminderten. Der
März-Kontrakt verlor 18 Punkte auf 4.932,5. Das Tageshoch lag bei 4.940 und das
-tief bei 4.837,5 Zählern. Umgesetzt wurden rund 131.000 Kontrakte.
Händler begründeten die Verluste mit der Gewinnwarnung durch Wal-Mart. Auch die
Wirtschaftsdaten aus Deutschland und der Eurozone seien schwach gewesen, hieß
es. Im späten Handel habe dann die leichte Aufwärtstendenz der US-Börsen
gestützt. Bei 4.863 und 4.850 seien nun die nächsten Unterstützungen
angesiedelt, so technische Analysten.
DJG/raz
Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 08, 2009 16:13 ET (21:13 GMT)
DJ fast am TH geschlossen, sieht gut aus für morgen zum Wochenausklang:-)
Und auf KK wieder raus ...
Dazu müssen die "last hour insane moves" der Ami's allerdings ausbleiben. :)
Ich bin auf der 4910 short gegangen ... Im 5-Min. Chart stehen für mich die Indikatoren auf Verkauf.
overnight long
OILEXCO 0,235 CAD 0,055 (+30,56%) ;)
Nun sieht das Chart auch schon viel besser aus
https://isht.comdirect.de/charts/big.chart?hist=10d&type=CONNECTLINE&ind0=VOLUME&¤cy=&&lSyms=OA5.FSE&lColors=0x000000&sSym=OA5.FSE&hcmask=
AMOK-Trader
08.01.2009, 22:38
canadian solar
+ 10%
Der Karlsruher
08.01.2009, 22:44
08.01.2009 22:42:24 - Wall Street schließt mit später Erholung uneinheitlich
NEW YORK (Dow Jones)--Eine Erholungsbewegung bei Technologiewerten im Späthandel
hat am Donnerstag an Wall Street einen Großteil der Aktien ins Plus geführt.
Zuvor hatte eine Gewinnwarnung von Wal-Mart für Abschläge gesorgt. Der
Dow-Jones-Index für 30 Industriewerte (DJIA) verlor 0,3% bzw 27 Punkte auf
8.742. Der S&P-500 gewann dagegen 0,3% bzw 3 Punkte auf 910. Der
Nasdaq-Composite steigerte sich um 1,1% bzw 18 Punkte auf 1.617. Das
Umsatzvolumen betrug 1,20 (Mittwoch: 1,23) Mrd Aktien. Die Zahl der Gewinner lag
bei 1.900, die der Verlierer bei 1.135. Unverändert schlossen 78 Aktien.
Leicht positiv wurden die vor Handelsbeginn mitgeteilten wöchentlichen
Erstanträge auf Arbeitslosenhilfe gewertet, die um 24.000 zurückgekommen waren.
Die Schätzungen lagen mit einem Plus von 63.000 Anträgen deutlich höher.
Allerdings trat die Zahl im Vorfeld des am Freitag anstehenden
Arbeitsmarktberichtes für den Monat Dezember in den Hintergrund.
Auch eine mit Spannung erwartete Rede des designierten Präsidenten Barack Obama
konnte die Märkte nicht nennenswert beeinflussen. Obama warnte, die Gefahr einer
jahrelangen Rezession sei nur durch ein massives staatliches Ausgabenprogramm
abzuwenden. Um den Konsum anzukurbeln, solle 95% der Arbeitnehmerfamilien in den
USA ein Steuernachlass von 1.000 USD gewährt werden, so Obama in seiner
Ansprache. Zudem solle die die Erzeugung alternativer Energien in den USA
innerhalb der kommenden drei Jahre mit staatlicher Hilfe verdoppelt werden.
Technologiewerte waren die Favoriten des Markts und führten am Ende den
Nasdaq-Composite, aber auch den S&P-500 ins Plus. Die Bullen setzten auf diesen
Sektor, da die Unternehmen über Cashreserven verfügen und teilweise ihre
Geschäfte über das Internet abwickeln und so rasch an jedem Ort der Welt von
einem sich abzeichnenden regionalen Aufschwung profitieren können, sagte ein
Händler. Sofern man an eine Erholung glaube, dürfte Technologie erste Wahl sein.
Zweitstärkster Gewinner im Dow waren Microsoft, die um 3,1% auf 20,12 USD
zulegten. Microsoft-CEO Steve Ballmer hat im Gespräch mit Fox Business Networks
nochmals bestätigt, dass das Interesse an Yahoo! der Vergangenheit angehöre.
Weiter führte er aus, dass dies für die gesamte Branche schwierige Zeiten seien.
Zudem betonte er, dass in diesen Zeiten die Parole gelte "Cash is King" - und
Microsoft habe viel "Cash".
Bis zu Beginn des Späthandels stand in erster Linie Wal-Mart im Blick. Der
Einzelhandelskonzern hat infolge einer schwächeren Umsatzentwicklung die
Ergebnisprognose für das vierte Quartal gesenkt. Das Ergebnis je Aktie aus dem
fortgeführten Geschäft werde nur noch bei 0,91 USD bis 0,94 USD gesehen. Mitte
November hatte der Konzern aus Bentonville hier noch eine Spanne von 1,03 USD
bis 1,07 USD in Aussicht gestellt.
Hintergrund des deutlich gesenkten Ausblicks sei eine schlechter als erwartete
Umsatzentwicklung im Schlussquartal. Auch die Kosten hätten über den eigenen
Erwartungen gelegen, hieß es zur Begründung. Das aktuelle wirtschaftliche Umfeld
bleibe für den Einzelhändler "schwierig". Wal-Mart brachen um 7,5% auf 51,38 USD
ein, im Fahrwasser verloren Home Depot 0,7% auf 24,39 USD. Eine Reihe weiterer
Einzelhandelskonzerne, darunter Gap, Macy's und Limited Brands, hat bereits
ebenfalls den Ausblick gesenkt. Gap reduzierten sich um 4,6% auf 12,94 USD.
DJG/DJN/raz
Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 08, 2009 16:42 ET (21:42 GMT)
© 2009 Dow Jones & Company, Inc.
Lucky Loonie
08.01.2009, 22:45
Guten Abend!
Hier ein interessanter Artikel zum Thema ÖL. Wurde ja heute mehrfach diskutiert.
Citigroup Profits From Contango With Ship Off Orkney (Update1)
By Alexander Kwiatkowski and Alaric Nightingale
Jan. 8 (Bloomberg) -- Citigroup Inc.’s commodities-trading unit followed BP Plc and Royal Dutch Shell Plc in anchoring a full oil tanker offshore northern Scotland to profit from higher prices later this year.
Phibro LLC is keeping up to 1 million barrels of the North Sea Forties grade of oil in the Ice Transporter near the Orkney Islands, according to people familiar with the matter. Phibro is seeking to make money from contango, a market where buyers pay more for delivery later in the year than they do today.
Citigroup’s trade shows how the contango, caused by an inventory surplus onshore, is attracting more traders to hoard oil. Brent crude for January 2010 settlement sells for $59.68 a barrel, 32 percent above the contract for next month. Stockpiles surged as recession reduced demand, while forward prices remain higher on forecasts OPEC cuts will start to curb excess supply.
“We anticipate more ships to be chartered as storage,” Erik Jensen, an analyst at Lorentzen & Stemoco AS in Oslo, said by phone. “Anyone can do it, it’s no problem to charter a ship, it’s pretty much risk free to do so.”
Shell and BP, Europe’s largest oil companies, both have oil stored at sea near the U.K. Frontline Ltd., the world’s biggest operator of supertankers, said yesterday oil traders want to charter as many as 10 additional vessels to stockpile crude.
Ice Transporter
Ice Transporter, a double-hulled vessel, is capable of carrying 1 million barrels. The ship has anchored at Scapa Flow in the Orkney Islands since Dec. 24 and has an option to remain there for three months, Captain William Sclater, operations manager at the port, said in a telephone interview yesterday.
While Phibro used to be a “huge” hirer of tankers in the 1990s, it hasn’t booked vessels for “many years,” said Per Mansson, managing director of shipbroker Nor Ocean Stockholm AB.
Citigroup spokesman Jeffrey French declined to comment when contacted by e-mail.
BP is also storing Forties crude at Scapa Flow, the port manager said. The 2 million-barrel supertanker Eagle Vienna arrived there Dec. 14. “We have had a few enquiries,” to store oil at the harbor, Sclater said. “Two have matured so far.”
The Hague-based Shell, Europe’s largest oil company, chartered the supertanker Leander in November with an option to store Forties crude, according to Paris-based shipbroker Barry Rogliano Salles.
The vessel arrived at Scotland’s Hound Point, the loading port for Forties, on Nov. 20, according to tracking data compiled by Bloomberg. The vessel has remained anchored at Lowestoft on the eastern coast of the U.K. since Nov. 28 and was last reported there at 6:31 a.m. local time today.
Cover Costs
To profit from contango, oil companies and traders must be able to cover the cost of storing, insuring and financing the cargo. A supertanker would cost about 90 cents a barrel a month for storage, depending on the length of the rental, according to data last month from shipbroker Galbraith’s Ltd.
About 25 supertankers were already hired for storage, and there are enquiries for 5 to 10 more, Jens Martin Jensen, Singapore-based interim chief executive officer of Frontline’s management unit, said by phone yesterday. Traders are seeking to lease ships for three to nine months, he said.
U.S. crude inventories rose 2.1 percent last week to the highest since May as fuel consumption dropped in the world’s largest oil consumer. The Organization of Petroleum Exporting Countries has agreed on record production cuts to drain surplus oil from the market and revive prices.
Brent crude oil for February settlement traded at $44.54 a barrel on ICE Futures Europe exchange today. Prices fell a record 51 percent last year as the world economic crisis caused the first annual drop in demand since 1983.
Citigroup Trading
Citigroup made $686 million from commodities trading in 2007, with most of the money generated by Phibro, according to the company’s annual report. In 2006, it made $487 million.
Phibro, formed as Philipp Brothers in 1901 to buy and sell commodities from aluminum to grain, began to concentrate on energy trading during the 1970s and has continued to do so as a unit of Citigroup.
The Westport, Connecticut-based company trades crude oil, refined oil products, natural gas and metals as well as over- the-counter derivatives tied to such products, and also makes “extensive use” of futures contracts, according to the company’s annual report.
Phibro became part of Citigroup in the 1998 merger between Citicorp and Travelers Group Inc. Travelers bought the commodities firm as part of its 1997 acquisition of the investment bank Salomon Inc.
Citigroup’s former chief executive officer, Sanford Weill, sought to sell Phibro in 1998 because its strengths “largely involve proprietary trading strategies.” The sale never occurred.
AMOK-Trader
08.01.2009, 22:50
canadian solar
+ 10%
18:49 Uhr: Den USA droht nach Einschätzung ihres künftigen Präsidenten Barack Obama der Absturz in eine jahrelange Rezession, falls der Staat nicht bald mit massiven Ausgaben gegensteuert. In einer Grundsatzrede stellte Obama am Donnerstag Details seines geplanten Konjunkturprogramms vor. Als ersten Schritt zur Belebung der Binnennachfrage in den USA brachte Obama eine Steuersenkung von 1000 Dollar (730 Euro) ins Gespräch, die 95 Prozent der Arbeitnehmerfamilien zugute kommen soll. Er kündigte in seiner Rede in Fairfax bei Washington außerdem an, die Erzeugung alternativer Energien in den USA binnen drei Jahren mit staatlicher Hilfe zu verdoppeln und 75 Prozent aller Gebäude der US-Bundesverwaltung ökologisch zu modernisieren.
Der Karlsruher
08.01.2009, 22:51
:lol::lol:
Auch US-Pornoindustrie will Hilfen vom Staat
Heute, 10:34 Uhr
Drucken
Washington (dpa) - Nach Finanzinstituten und den Autobauern will nun auch die US-Pornoindustrie angesichts der Wirtschaftskrise Hilfe vom Staat. Diesen Artikel weiter lesen
Dem Sender CNN zufolge wollen Larry Flynt, Herausgeber des «Hustler»-Magazins, und der Chef der Firma «Girls Go Wild», Joe Francis, den Kongress um eine Finanzspitze von fünf Milliarden Dollar (etwa 3,7 Milliarden Dollar) für die Branche bitten.
Alle möglichen Unternehmen ersuchten um Geld, zitierte CNN am Mittwoch Flynts Sprecher Owen Moogan. Tatsache sei, dass die Pornoindustrie genauso von der Wirtschaftskrise betroffen sei wie alle anderen. Francis erklärte, die US-Regierung «sollte aktiv das Überleben und das Wachstum der Industrie unterstützen, genauso, wie sie die Notwendigkeit sieht, jede andere vom amerikanischen Volk geliebte Industrie zu unterstützen».
Sowohl Flynt als auch Francis räumten zugleich ein, dass ihre Branche nicht finanziell gefährdet sei - es gehe vielmehr um das «Bedürfnis einer Nation». Die Menschen seien zu depressiv, um sexuell aktiv zu sein, erläuterte Flynt. «Es ist Zeit für den Kongress, den sexuellen Appetit Amerikas wieder aufzufrischen. Der einzige Weg dahin ist die Unterstützung der Pornoindustrie - und zwar rasch.»
wünsche euch allen ne gute nacht!!
mein long auf brent oil mit TB2ML8 bleibt mit kk 7,54 über nacht drin...
ansonsten heute pizzagewinn mit c.a.t. oil.
morgen wirds besser!!!;-)
Lucky Loonie
08.01.2009, 23:26
Chevron sees "significantly" lower fourth-quarter earnings
By Jim Jelter
Last update: 5:11 p.m. EST Jan. 8, 2009
SAN FRANCISCO (MarketWatch) -- Chevron Corp. warned late Thursday that its fourth-quarter earnings will likely be "significantly lower" than in the third quarter. In its interim quarterly update, the nation's second-largest oil company blamed most of the drop on falling crude-oil and natural gas prices, which have carved deeply into earnings from the production end of its business. The company did not offer specific earnings estimates, but analysts polled by FactSet Research had predicted the company would earn $1.89 a share in the quarter on $61.71 billion in revenue. The company is slated to release its fourth-quarter results on Jan. 30
Lucky Loonie
08.01.2009, 23:33
Schlumberger to lay off 1,000 workers in N. America: reports
By Sue Chang
Last update: 5:28 p.m. EST Jan. 8, 2009
SAN FRANCISCO (MarketWatch) -- Schlumberger Ltd. plans to lay off about 1,000 workers in North America, or about 5% of its workforce in the region, according to media reports Thursday. The oil services giant is also expected to reduce workers in other parts of the world but specific numbers have not been determined, the reports said. Its rival Halliburton Corp. will also be eliminating jobs but no details are available yet, the Wall Street Journal reported on its Web site.
Luzifer_Law
08.01.2009, 23:50
Donnerstag, 8. Januar 2009
"Wir sind sehr enttäuscht"
Rückschlag im Gasstreit
Trotz der grundsätzlichen Zustimmung zu EU-Beobachtern im Gasstreit zwischen Russland und der Ukraine bleibt ihr Einsatz zunächst weiter offen. EU-Kommissionspräsident Jose Manuel Barroso erklärte am Donnerstag in Brüssel zwar, die Ukraine habe den Bedingungen für die Beobachter zugestimmt. Die tschechische EU-Ratspräsidentschaft ließ aber verlauten, der russische Gas-Monopolist Gazprom habe den Vorschlägen nicht zugestimmt. Dieser wiederum erklärte, die Ukraine habe das multilaterale Protokoll zur Überwachung der Gas-Exporte Russlands durch das Land nicht unterzeichnet. Man wisse nicht, wann die Gespräche nun fortgeführt werden könnten.
Zuvor hatten Russland und die Ukraine deutlich gemacht, sie würden bei einem Einsatz von EU-Beobachtern bereit sein, Gas zu liefern beziehungsweise es nach Europa weiter zu leiten. Russland liefert wegen des Streits über Preise und Transit-Gebühren weder Gas an die Ukraine noch an Westeuropa über Pipelines in dem Land.
Tschechien enttäuscht
Nach stundenlangen Verhandlungen in Brüssel hatte der tschechische Industrieminister Martin Riman zunächst bestätigt, dass die Ukraine dem Vorschlag zugestimmt habe. "Ich muss ihnen aber sagen, dass die russischen Vertreter den Vorschlag abgelehnt haben", hatte Riman hinzugefügt. "Wir sind sehr enttäuscht."
Der russische Ministerpräsident Wladimir Putin hatte am Nachmittag eine Wiederaufnahme der Gas-Exporte nach Europa in Aussicht gestellt, sobald Beobachter der EU die Lieferungen kontrollieren. Putin bot der Ukraine am Donnerstag bei einer Pressekonferenz an seinem Wohnort in der Nähe Moskaus eine deutliche Erhöhung der Transit-Gebühren für Gas an. Voraussetzung wäre allerdings, dass das Land selbst den Weltmarktpreis für den Brennstoff zahle.
Die Transit-Gebühren und der Preis für das Gas sind allerdings die Hauptstreitpunkte zwischen beiden Ländern. Die Ukraine hatte ebenfalls grundsätzlich einem Einsatz von EU-Beobachtern zugestimmt, verlangt aber für die Durchleitung des Gases auch Mengen, um das System zu betreiben.
Putin kündigte weiter an, den Gasstreit sowohl mit EU-Kommissionspräsident Jose Manuel Barroso als auch Italiens Ministerpräsident Silvio Berlusconi besprechen zu wollen.
Gazprom macht Hoffnungen
Erst am Nachmittag hatte der Chef des staatlichen russischen Gasriesen Gazprom, Alexej Miller, die Wiederaufnahme der Lieferung versprochen, sofern Brüssel Beobachter zur Überwachung des Gas-Transits entsende. Bisher unbestätigten Informationen zufolge drängt Miller im Streit mit der Ukraine auf eine rasche Lösung in der Frage des Transit-Gases für Europa. "Das ist ein dringendes Ziel. Wir müssen die Sache heute lösen", zitierte die russische Nachrichtenagentur RIA den Gazprom-Chef am Donnerstagnachmittag.
Miller sagte diesen Angaben zufolge bei einer Pressekonferenz in Brüssel, wenn internationale Beobachter die Gasleitungen überwachten, könne der Transport nach Europa wieder aufgenommen werden. Zudem kündigte er weitere Gespräche mit Vertretern des ukrainischen Versorgers Naftogaz an. "Wir sitzen im gleichen Flieger", sagte Miller. Vertreter beider Firmen hatten zuvor Gespräche mit der EU-Kommission geführt.
http://www.n-tv.de/1082192.html
wünsche euch allen ne gute nacht!!
mein long auf brent oil mit TB2ML8 bleibt mit kk 7,54 über nacht drin...
ansonsten heute pizzagewinn mit c.a.t. oil.
morgen wirds besser!!!;-)
scheffrocker23
08.01.2009, 23:56
dem glaub ich nix mehr
von dem ist ja letztens mal eine sache nicht eingetreten
(börsen müssen 2 wochen dichtmachen wegen hf verkäufen)
passte auch net
Roubini forecasts recession will last 2 years
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
dem glaub ich nix mehr
von dem ist ja letztens mal eine sache nicht eingetreten
(börsen müssen 2 wochen dichtmachen wegen hf verkäufen)
passte auch net
Roubini forecasts recession will last 2 years
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
Hm, also eine von ungefähr 15 fetten Prognosen, auf die viele nicht mal einen Euro gesetzt hätten. (ich jedenfalls nicht, und das obwohl ich den schon vorher gut fand)
Und eine ist jetzt nicht eingetreten.
Hoffentlich hast du eine ähnlich gute Trefferquote.
Und mal abgesehen von seiner Trefferquote (die veilleicht auch mit einem Grundpessimismus zu tun hat, der zu dieser Marktphase paßt):
Roubini ist einer der wenigen akademischen Spitzen-Ökonomen, die sich wirklich mit der Welt um sich herum beschäftigen und nicht nur in seiner Modellwelt lebt. Er hat schon zur Zeiten der Asienkrise hervorragende Sachen publiziert, in denen sich sein Verständnis der institutionellen Gegebenheiten und der politischen Abläufe vor Ort zeigte. Lesenswert ist der allemal - und zwar unabhängig davon, ob seine Szenarien später exakt so eintreten
Most U.S. Stocks Gain, Led by Energy Producers; Tesoro Rises
Jan. 8 (Bloomberg) -- Most U.S. stocks gained as an advance in energy shares and Citigroup Inc.’s agreement to allow some homeowners to avoid foreclosure helped the market erase an early slide spurred by a worsening earnings outlook at retailers.
Citigroup erased a 2.4 percent decline after agreeing to support legislation that lets bankruptcy courts reset mortgage rates for borrowers at risk of losing their homes. Tesoro Corp. jumped 6.7 percent to lead gains in fuel companies as the profit outlook for refiners improved. Wal-Mart Stores Inc. tumbled 7.5 percent and Gap Inc. lost 4.7 percent after saying earnings will trail forecasts.
Almost two stocks advanced for each that fell on the New York Stock Exchange. The Standard & Poor’s 500 Index added 0.3 percent to 909.73 after slumping 3 percent yesterday and 1.1 percent this morning. The Dow Jones Industrial Average fell 27.24 points, or 0.3 percent, to 8,742.46, with Wal-Mart posting the biggest drop.
“The market took the Wal-Mart numbers and retail reports in fairly decent stride today,” said Frederic Dickson, chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon. “After yesterday’s 3 percent correction, I think we’re seeing a little big of bargain hunting and traders are sitting on their hands waiting for the job report tomorrow.”
Retailers led the market lower in early trading as the disappointing forecasts from Wal-Mart and Gap, as well as Limited Brands Inc. and Macy’s Inc., spurred concern the profit slump deepened as the recession forced consumers to rein in holiday spending. The five-quarter decline in earnings at S&P 500 companies is projected to stretch into two full years, according to analyst estimates compiled by Bloomberg.
Jobs Concern
The early declines also came as the government said continuing jobless claims surged to 4.6 million last week even as initial claims unexpectedly fell. The government may report tomorrow the economy lost another 510,000 jobs in December, bringing the 2008 total to a six-decade high of 2.4 million, according to economists surveyed by Bloomberg. The unemployment rate probably jumped to 7 percent, the highest level since 1993.
President-elect Barack Obama warned in a speech in Fairfax, Virginia, that the U.S. risks sinking deeper into an economic crisis without an infusion of government spending and urged Congress to act quickly on his $775 billion stimulus package.
The S&P 500 has slumped 38 percent since the start of 2008 amid more than $1 trillion in credit losses and writedowns at financial firms worldwide and the first simultaneous recessions in the U.S., Europe and Japan since World War II. The benchmark index for U.S. equities is up 0.7 percent in 2009 after posting its worst yearly loss since 1937.
Refining Gains
Tesoro, the largest oil refiner in the U.S. West, rallied 6.7 percent to $14.92. Valero, the nation’s biggest refiner, climbed 3.9 percent.
The gains in fuel processors came after yesterday’s 12 percent plunge in crude oil and today’s 0.9 percent drop boosted potential profits for companies that refine oil into gasoline and other fuels. The so-called crack spread, a measure of refining profitability, jumped 10 percent today and has climbed 88 percent since the end of 2008, according to Bloomberg data.
The S&P 500 Energy Index rose 1.2 percent, the steepest advance among 10 industries.
Citigroup erased a 2.4 percent decline to close up 1 cent at $7.16. The S&P 500 Financials Index pared a 1.7 percent tumble to 0.2 percent.
Senators Christopher Dodd of Connecticut, Chuck Schumer of New York and Richard Durbin of Illinois praised Citigroup for the agreement to revise legislation that failed last year. Citigroup supported the legislation that will apply only to existing mortgages.
‘Environment for Negotiation’
“The notion here is to create the environment for negotiation so that those who are holding the mortgages will not wait until bankruptcy,” Durbin said at a Washington news conference. “The current efforts, as good as they may, be have not resulted in a dramatic change or reduction in the number of mortgage foreclosures.”
Sears Holdings Corp. surged 23 percent to $49.98 for the biggest gain in five years and best advance in the S&P 500. The largest U.S. department-store chain said it expects fourth- quarter earnings per share, excluding items, of $2.44 to $3.09, above the consensus estimate of $1.92.
Whole Foods Market Inc. had the second-biggest gain in the S&P 500, rising almost 23 percent to $12.27 after Ron Burkle’s private-equity firm Yucaipa Cos. LLC said it has accumulated a 7 percent stake in the supermarket operator.
GameStop Corp. climbed 13 percent to $25.58. The world’s largest video-game retailer boosted the low end of its fourth- quarter forecast and now predicts earnings of $1.31 to $1.34 a share.
Thinkorswim, Qwest
Thinkorswim Group Inc. rallied 48 percent to $8.34. TD Ameritrade Holding Corp., the No. 3 U.S. online brokerage by assets, agreed to acquire the online brokerage and investor education company in a cash and stock deal valued at about $606 million. The offer values Thinkorswim at $8.71 a share, 54 percent higher than yesterday’s close.
Qwest Communications International Inc. rose 13 percent to $4.04. The third-largest local phone company in the U.S. said all its divisions performed as it expected in the fourth quarter, after curbing costs to offset slowing demand.
Wal-Mart, whose shares climbed 18 percent last year for the best gain in the Dow, slid $4.16 to $51.38 today for the stock’s steepest loss in almost three months. The retailer cut its fourth-quarter earnings forecast and said January revenue may be little changed after customers balked at discounts on flat-panel televisions, $7.50 jeans and microwave ovens for $43.
‘Beat Up’
“Over the last 10 years, Wal-Mart has become a kind of hero, or Teflon, stock and to see it get beat up like everyone is disillusioning to investors,” said Jonathan Vyorst, senior vice president at New York-based Paradigm Capital Management Inc., which oversees about $1.3 billion.
Macy’s and Gap also lowered their earnings forecasts as the worst holiday-shopping season in 40 years squeezed retail profit margins. Macy’s fell 3.4 percent to $10.93, while Gap lost 4.7 percent to $12.92.
Limited slumped 6.5 percent to $10. December sales fell 10 percent and the retailer slashed its fourth-quarter profit projection to as little as 55 cents a share from a previous range of 85 cents to $1.
Wal-Mart led a group of consumer-staples companies including tobacco producers, food companies and makers of household goods in the S&P 500 to a fourth daily slump, falling 1.3 percent collectively. The group was last year’s best performing industry in the index with an 18 percent drop.
S&P 500 retailers will likely say profits decreased 32 percent in the fourth-quarter and 20 percent in the current quarter, according to analysts polled by Bloomberg.
Profit Estimates
Earnings at S&P 500 companies have fallen for five straight quarters, matching the longest streaks of declines on record, and the slump is forecast to continue. According to estimates compiled by Bloomberg, profits probably decreased 12 percent last quarter and will drop 11 percent in the first quarter and 6.2 percent in the following three months before rebounding in the second half of the year.
Sun Microsystems Inc. sank 8.3 percent to $4.67, the most since Dec. 1. The server maker was added to Goldman Sachs’s Americas “sell” list. The brokerage also lowered its share- price projection and 2009 earnings estimate, citing a “more challenging” first half of 2009 ahead.
VIX Retreats
The VIX, as the Chicago Board Option Exchange Volatility Index is known, retreated 1.9 percent today after surging 13 percent yesterday for its biggest intraday gain since Dec. 1. The gauge measures the cost of insuring against declines in the S&P 500 and is known as Wall Street’s “fear gauge.”
The S&P 500 yesterday slid the most since Dec. 1, erasing most of its 2009 gain, as a private report showed employers cut more jobs than estimated in December and companies from Alcoa Inc. to Intel Corp. spurred concern the profit outlook is worsening. The gauge has rebounded 21 percent from an 11-year low on Nov. 20 on optimism the recession will end this year after the Federal Reserve cut interest rates to as low as zero and Obama proposed the largest infrastructure investment since the 1950s.
The difference between what the U.S. government and banks pay to borrow for three months, the so-called TED Spread, is still about three times higher than before credit markets started freezing in August 2007, according to data compiled by Bloomberg.
The Bank of England cut its benchmark interest rate to the lowest since the central bank was founded in 1694 as policy makers tried to prevent the credit squeeze from deepening Britain’s recession. The bank rate was reduced a half-point to 1.5 percent.
To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net.
Last Updated: January 8, 2009 16:58 EST
Wal-Mart Weakness Hampers Dow
But Other Indexes Hang On Ahead of Jobs Report
By PETER A. MCKAY, ROB CURRAN, and GEOFFREY ROGOW
Who's afraid of a big, bad jobs report?
The Dow Jones Industrial Average edged lower, weighed down by a sharp decline in shares of Wal-Mart Stores. But other indicators showed signs of life as investors awaited crucial employment data.
Expectations for the report, due from the government early Friday, are increasingly dire, with some analysts expecting to see a job loss of up to 750,000 nonfarm workers for December.
However, the market had slumped coming into Thursday's session, with many participants placing early bets on a continued weakening in the U.S. economy. That helped to exhaust the pool of potential sellers, quieting the market's tone as the actual jobs release drew closer.
"We're having a bear-market rally, which is the rule rather than the exception," said strategist Stu Schweitzer, of J.P. Morgan Private Bank. However, Mr. Schweitzer is advising clients to keep extra cash in reserve rather than put it in the stock market for now as the U.S. economy reaches a bottom.
Referring to the increasing hope on Wall Street for an economic rebound in late 2009, he said: "The widely expected recovery in the second half is likely to be tepid and halting, if it happens at all."
The Dow was off about 120 points at its morning low but ended with a decline of 27.24 points, off 0.3%, at 8742.46, kept in the red almost single-handedly by Wal-Mart. The retail giant slid 7.5% after it posted a rise in same-store sales for December but missed analysts estimates and cut its fourth-quarter outlook.
Wal-Mart's woes led investors to unload shares in the consumer-staples sector, which was off by 1.6% and the weakest among the S&P 500's industry groups.
Despite that slide, the S&P as a whole managed to eke out a 0.3% rise to end at 909.73, helped by modest gains in most of its other categories, led by basic materials and energy.
The tech sector also finished higher, led by Microsoft, which was up 3.1%. The Nasdaq Composite Index rose 1.1% to 1617.01.
Tech has often been a favorite of bulls in recent months since many tech firms have significant cash reserves, minimal overhead from doing business online, flexibility via the web to generate revenue globally wherever a local economy is doing particularly well, or all three.
"If you believe in the idea of a recovery, tech should be a leader, but whether the buyers have the guts or staying power needed when the market pulls back remains to be seen," Bernard McSherry, senior vice president for New York floor brokerage Cuttone & Co.
In economic news, the Labor Department said continuing claims for jobless benefits climbed to the highest level since November 1982, even as initial claims fell by 24,000 last week. Economists expect a contraction in employment on the order of 500,000 jobs or more in Friday's report.
"Some may argue the labor data is trailing, but the reality is it hints at how (damaged) the real economy has become from the credit crisis," said Satya Pradhuman, director of research for Cirrus Research. "We could potentially see the banking system stall out longer than most would hope. Economically, we're still prisoners of the banking system working right."
There were some tentative signs of improvement in the credit markets. A report from Thomson Reuters said U.S. corporate debt proceeds totaled $19.9 billion so far in the first full week of 2009, which would be the highest volume since May.
Financial stocks were slightly lower after Citigroup signed onto a deal with Democratic leaders in Congress that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court. The financial-services industry had fought against such changes, which would mark a seismic shift in current practice. Citi shares were up 0.1%, while J.P. Morgan Chase ended down 3.1% and Bank of America shed 1.2%.
Markets had also received a brief lift during President-elect Barack Obama's address on the economy at 11 a.m. EDT. Mr. Obama reiterated his commitment to a rapid and extensive economic stimulus.
"There will be a phase where people doubt the stimulus will work," said Lorenzo Di Mattia, manager of hedge fund Sibilla Global Fund. Since late November, "that is how (the market) has been able to handle bad news: "OK, it's bad now, but (it) will get better because of the stimulus.'"
"We might be in a phase where people say, "I am not so sure it will work, since these aggressive policies didn't work in Japan, and didn't in so many emerging markets.'"
Oil futures, which tumbled more than 12% on Wednesday, continued to drop. Crude futures fell 93 cents to settle at $41.70 a barrel in New York.
Treasurys were mixed. The two-year note slipped 1/32 to yield 0.835%. The 10-year note climbed 15/32 to yield 2.447%. The 30-year bond slipped 2/32 to yield 3.043%.
The dollar weakened against major overseas rivals. The U.S. Dollar Index, which measures the greenback's value against a basket of six foreign denominations, was down 0.7%.
Write to Peter A. McKay at peter.mckay@wsj.com, Rob Curran at robert.curran@dowjones.com and Geoffrey Rogow at geoffrey.rogow@dowjones.com
January 8, 2009, 5:00 pm
Four at Four: Working for the Cramdown
Posted by David Gaffen
Housing
# The deal reached by Citigroup with top Senate Democrats to allow for cramdowns is a potential breakthrough for the financial-services industry and potentially for the housing market. Not that it will stop housing values from declining — it may not, because it allows bankruptcy judges to change loan terms, lower principal or the interest rates, and that, in effect, is a reset of the value of the home. But it may accelerate the process of the decline in housing values. It’s possible that Citigroup saw the writing on the wall, and realized that a renegotiated mortgage at a lower rate with a higher chance of repayment was better than nothing at all, and that’s something that the lion’s share of those who have a piece of these mortgages — through the various slicing-and-dicing that occurred with securitization — will have to accept as well. “It would alter their value — it would alter the amount that the person that’s getting paid on principle would ultimately get paid,” says Robert Brusca, chief economist at Fact-and-Opinion Economics. “Maybe the difference is, now that person now will be paid.” About 1 in 10 homeowners, or 4.6 million people, are either delinquent in their mortgage payments or in the process of foreclosure, and the rising delinquencies and fear of increased need for bad loans has been at the heart of the credit crisis that began with subprime securities in mid-to-late 2007 and slowly engulfed the entire financial sector. It’s possible that with the massive reduction in value that has already occurred in mortgage-backed securities — the CMBX Index trades at a spread of 582 basis points, better than November’s panic, but still far above the historical average — some have reached acceptance already. “It’s likely that some saw this writing on the wall already, and don’t know that this getting approval is a huge surprise,” says Michael Larson, analyst at Weiss Research.
Debt
# From one side of the Atlantic to the other, investors are finding very different experiences when buying country-specific debt. Wednesday, Germany sold €4 billion ($5.48 billion) amid low demand, and the Bundesbank was forced to retain about one-third of the issue. The results were a vast disappointment, and fueled concerns that subsequent auctions from Spain, France and the U.S. would also fall short of expectations in an early suggestion that the global market was already starting to balk at government bond issuance, which is expected to increase sharply in coming months due to major deficit spending. “We’re seeing a lot of corporate supply, and I think people are worried at some point there isn’t going to be the bid for Treasurys that we had last year,” says Thomas di Galoma, head of U.S. Treasury trading at Jefferies & Co. However, Spain and France both held successful auctions, and the Treasury Department auctioned off $16 billion in ten-year notes with better-than-expected demand. “The strong across the board performance for this re-opening should in the near term provide some solace that 10-year Treasury paper in the US still has a strong following,” writes George Goncalves, Treasury and agency strategist at Morgan Stanley. Over the next several months, the vast lending and spending undertaken by the Treasury and the incoming administration will have to be financed through more debt, and investors have generally been fearful that eventually, other countries will tire of being our benefactors and demand higher yields, or sell Treasurys en masse, weakening the U.S. dollar. But Jessica Hoversen, fixed income and forex analyst at MF Global, says she does not see China or Japan flooding the market with U.S. Treasurys. “That would only appreciate their currencies and neither wants to do that because they’re so export driven,” she says. “If China decreases dollar holdings they’re putting dollars in the market and taking back yuan, which their economy cannot handle right now.”
Retail Sales
# The outlook for retailers has a musty feel to it after a series of poor same-store sales results for December that point to more markdowns and more companies coming to the end of the line. Macy’s said its decision to close 11 stores was standard operating procedure, but in economic environments such as this, it isn’t good news. Wal-Mart’s disappointment weighed heavily, as that stock ended the day lower by 7.5% and other retailers were also among the day’s losers, such as J. Crew Group, which fell 9.2%, and Zale Corp., down 7.6%, and Kenneth Cole, off by 7.1%. Brian Sozzi, equities analyst at Wall Street Strategies, foresees a rough spring and summer for the retailers, as he believes consumers, now conditioned to expect post-holiday sales, extended hours, and massive markdowns, will hedge their bets and wait for more favorable pricing — typical behavior in a recession, that is. “Retailers are going to bring a lot of full-priced merchandise on the floor and they’ve trained the consumer to be very discount-focused,” he says. “They’ve been trained to look for those 30-40-50% markdowns and initially they’re not going to see that. It’s really going to be a game of cat and mouse.”
Jail
# Why save $50 billion when you can save $50 million? Regulators may have missed out on Bernie Madoff’s alleged $50 billion Ponzi scheme as its was unfolding but, hey, they say they’ve just busted up a $50 million one instead. The Securities and Exchange Commission and the Commodity Futures Trading Commission today filed civil charges against Joseph S. Forte, of Broomhall, Pa., for running an alleged Ponzi scheme in which he pledged to invest tens of millions of dollars in clients’ money in S&P 500 futures, currency contracts, and other instruments. Instead, he allegedly used old clients’ money to pay new ones, creating the illusion of profits. Although Mr. Forte was a much smaller fish than Mr. Madoff, whose alleged misdeeds could go down as the biggest Ponzi scheme of all time, the two do seem to have one thing in common: Regulators say the financial markets’ late-year swoon helped to flush both men’s losses into plain view, causing a wave of customer redemptions and a reduced appetite among new investors to sign up. “There seems to be an uptick in these sort of schemes coming out of the woodwork,” said Steve Obie, the CFTC’s acting enforcement director. He says his agency filed charges in nine Ponzi-style cases last year and is seeing even more situations requiring investigation lately. –Peter A. McKay
Satyam fights for survival
http://www.ft.com/cms/s/0/90dd2be6-dd59-11dd-930e-000077b07658.html?nclick_check=1
By Joe Leahy in Hyderabad and Jennifer Hughes in New York
Published: January 8 2009 08:27 | Last updated: January 8 2009 19:19
Satyam Computer Services, the company at the centre of India’s largest corporate scandal in more than a decade, was on Thursday fighting for survival as senior managers moved to appoint a new auditor and an investment bank to find a buyer.
Interim managers of India’s fourth largest software company, whose chairman B. Ramalinga Raju on Wednesday resigned after confessing to fraud worth more than $1bn, said its accounts had been so thoroughly manipulated they were not even sure it had the cash to last out the month.
“What we’re trying to do is to respond to a crisis of unimaginable proportions,” said interim chief executive Ram Mynampati. “Our liquidity position is not very healthy right now, we are trying to manage that position appropriately.”
Investigations into the affair are expected to focus on questions over the role of Satyam’s long-time auditor, Price Waterhouse, in the scandal.
US audit regulators raised concerns with Price Waterhouse, an affiliate of PwC, about its audit of Satyam after they visited the firm last spring, it emerged on Thursday. The visit was one of a series conducted by officials from the Public Company Accounting Oversight Board to Indian auditors with clients registered in the US, including Satyam.
The PCAOB reviews deal with issues related to the conduct of the audit. It is not known exactly what issues the inspectors raised in the Satyam file.
The US regulator, which was set up to oversee auditors in the wake of the Enron and WorldCom scandals earlier this decade, visited the Indian firms as part of its duty to monitor auditors that have registered with it.
A spokesman for the regulator said: “The PCAOB has conducted inspection work in India. We do not disclose, however, the names of issuers reviewed in the course of our inspections.”
PwC Global declined to comment.
The efforts of Mr Ram’s interim management team to keep the 53,000-strong company on its feet came as corporate India counted the cost of its worst scandal in recent memory.
Industry groups and other organisations rushed to eject the disgraced Mr Raju and others associated with the company from their boards as investigators descended on Satyam’s corporate headquarters in the southern city of Hyderabad to begin analysing its accounts.
The crisis has alarmed Fortune 500 companies, many of which were clients of Satyam.
The world’s largest banks and multilateral institutions entrust much of their confidential data and critical hardware, software and back office systems to Indian outsourcing companies. Until the Satyam scandal, these were known for their high levels of corporate governance.
Several large clients of Satyam on Thursday said they were reviewing upcoming contracts with the group or monitoring existing operations in the light of the crisis, including Australia’s Telstra and Swiss-based Nestlé.
Fifa, the governing body of football’s 2010 World Cup in South Africa, of which Satyam is the official IT provider, said it was monitoring the situation and would act according to how things developed.
Mr Raju, who has not been seen for several days but whose lawyer said he was in Hyderabad, wrote a letter to the board on Wednesday confessing to manipulating Satyam’s accounts over “several years”.
Stocks in India did not trade on Thursday due to a holiday. Mumbai’s benchmark stock index tumbled more than 7 per cent on Wednesday and the Indian rupee fell after the Satyam revelations, which some analysts dubbed “India’s Enron”.
The company said it was looking for a new investment bank to advise it on mergers or takeover options after its previous house bank, Merrill Lynch, resigned.
With additional reporting by James Fontanella-Khan
milanese
09.01.2009, 03:25
Guten Morgen& einen erfolgreichen Handelstag
milanese
09.01.2009, 03:28
nach einer staerkeren Eroeffnung ueberwogen doch bald wieder die Sorgen ueber die angeschlagene US-Wirtschaft und der Nikkei225 sackte ins negative Terrain ab
Nikkei 225 1/9 - *11:00
8,792.72 - 83.70
milanese
09.01.2009, 03:30
SAO PAULO (dpa-AFX) - Die wichtigen lateinamerikanischen Börsen haben am Donnerstag uneinheitlich geschlossen. Die brasilianische Börse Bovespa (Sao Paulo) beendete den Handel im Plus. Der Index Ibovespa stieg um 2,87 Prozent oder 1.170,30 Punkte auf einen Endstand von 41.990,55 Punkten. Auch der argentinische Merval-Index ging positiv aus dem Handel. Er konnte im Vortagsvergleich um 2,17 Prozent (25,38 Punkte) auf 1.192,44 Punkte zulegen. Der IPC-Index in Mexiko-Stadt rutschte dagegen um 162,11 Punkte oder 0,73 Prozent auf 21.955,40 Punkte ab./hr/DP/stw
milanese
09.01.2009, 03:31
Allison Jackson | January 09, 2009
Article from: The Australian
AUSTRALIAN shares pulled back today as nervous investors took money off the table in anticipation of more gloomy news on the US economy.
After rallying more than 1 per cent at the open, the S&P/ASX 200 lost steam this afternoon to be up 15.5 points, or 0.4 per cent, to 3709.8.
The All Ordinaries was up 12.8 points at 3656.4.
The Australian dollar slipped below US71 cents as Asian markets retreated into the red following the weak lead from the US and more glum economic data.
The local unit was trading at US70.98c from yesterday’s close at US70.58c as Japan’s Nikkei fell 0.5 per cent.
CMC Markets senior dealer Dominic Vaughan said shares could end the week flat as investors reduced their positions ahead of the weekend.
“There’s still a lot of doom and gloom out there,” he said.
Investors are bracing themselves for more bad news tonight when US non-farm payrolls figures are released.
After bigger than expected falls in private sector jobs last month, the market is forecasting the Labour Department’s non-farm payrolls to fall by 525,000 and for the unemployment rate to rise to 7 per cent from 6.7 per cent.
BHP Billiton, Newcrest Mining and CSL continued to underpin gains in the market.
BHP pared early gains to be up 1.7 per cent to $31.28, while Newcrest piled on 6.2 per cent to $30.09.
CSL extended early gains, rising 4.2 per cent to $32.11.
milanese
09.01.2009, 03:35
HONG KONG (XFN-ASIA) - Share prices opened higher led by large-caps and
local property firms as investors hunted for bargains and covered short
positions after the market's 7.4 pct drop over the previous three sessions.
But momentum was weak ahead of key jobs data in the US tonight.
Bank of Communications (BoComm) was up nearly 2.7 pct after it said its
major shareholder HSBC has no plans to cut its stake, but other China banks were
mixed after recent share sales by strategic investors.
The Hang Seng index opened up 114.92 points or 0.80 pct at 14,530.83.
The property sector index rose 264.62 points or 1.47 pct to 18,316.17.
Among large-caps, HSBC rose 0.80 hkd or 1.08 pct to 74.80, Hong Kong
Exchanges was up 1.20 hkd or 1.53 pct at 79.7, China Mobile gained 0.65 hkd or
0.86 pct at 76.60 and China Life was up 0.10 hkd or 0.42 pct at 23.80.
BoComm was up 0.15 hkd or 2.66 pct at 5.78 and China Construction Bank rose
0.05 hkd or 1.55 pct at 3.93, while Bank of China lost 0.06 hkd or 3.06 pct at
1.90.
(1 usd = 7.8 hkd)
roby.lau@xfn.com
milanese
09.01.2009, 03:36
Seoul shares extended losses on Friday morning after the Bank of Korea cut base rates by the 50
basis already factored in by markets, with technology issues leading falls.
Reuters
milanese
09.01.2009, 03:37
SING TAO DAILY -A bridge connecting Hong Kong, Macau and Zhuhai will begin construction this year, according to a deputy state official.
milanese
09.01.2009, 03:38
SOUTH CHINA MORNING POST
Hong Kong's small- and medium-sized enterprises are the most pessimistic in Asia, with 87 percent of respondents in a survey expecting the city to have negative economic growth in the first half of this year.
milanese
09.01.2009, 03:39
WEN WEI PO
*Cathay Pacific Airways, after issuing another profit warning due to
fuel hedging losses, said it still had outstanding contracts. CEO Tony Tyler
would not reveal the amount, but said there would be cost-cutting measures but
no plans to cut staffing levels.
*HSBC said it had already established 79 branch offices on the mainland
and the number would be increased to 100 this year under a concentrated plan to
boost its operations in Asia.
milanese
09.01.2009, 03:40
McDonald's Japan Dec Same-Store Sales Up 2.0% On Year
Nikkei Net
milanese
09.01.2009, 03:41
WSJ: Lehman Spins Out Private-Equity Arm
By PETER LATTMAN
Lehman Brothers's private-equity arm has reached an agreement with its collapsed parent to spin out into an independent firm, while taking in a new investment from luxury-goods billionaire Johann Rupert, according to two people familiar with the deal.
As part of the move, Lehman estate will retain a substantial interest in the private-equity shop, called Lehman Brothers Merchant Banking. The business has $4.5 billion under management, and holds stakes in more than a dozen portfolio companies including a Spanish railcar manufacturer to a U.S. bicycle-components maker.
The deal also involves South African billionaire Mr. Rupert, whose Luxembourg-listed investment vehicle Reinet Investments SCA will assume $250 million in unfunded commitments to the fund. Mr. Rupert, who also chairs luxury-goods company Richemont, is betting on private equity at a time when large investors are looking to reduce their exposure to this area. Mr. Rupert was not available for comment.
The transaction shows how Lehman's restructuring advisors, Alvarez & Marsal, have decided to retain and manage Lehman assets rather than sell them into a weak market. Numerous private-equity firms including Blackstone Group LP and Carlyle Group expressed an interest in acquiring the unit. But instead of exiting the business entirely, Lehman decided to retain a substantial stake and spin off the rest to management.
The deal calls for the Lehman estate to spin out the unit's most recent fund, a $3.3 billion vehicle raised in 2007. It will be owned by the firm's current management, which is led by chief Charlie Ayers. It is unclear how much the management is paying.
Meanwhile, Lehman's bankruptcy estate will retain ownership of a vehicle containing $1.2 billion in existing investments. That fund has performed well, already returning to investors almost three times invested capital from six deals.
Lehman will retain about $230 million of investments – as a limited partner -- across both the $3.3 billion and $1.2 billion vehicles. Those holdings include Talgo, the Spanish railcar manufacturer; SRAM Corp., the Chicago-based maker of high-end bicycle component manufacturer; and Angelica Corp., the Chesterfield, Missouri-based hospital linens provider.
The fund has also decided to ease some of the strains of its client base. The firm has offered its investors – which include large the Pennsylvania Public School Employees Retirement System and New York City Retirement System -- the option to reduce unfunded commitments to the $3.3 billion fund by 25%. The move follows similar breaks offered to investors by other buyout firms in recent weeks.
Though Lehman filed for the largest bankruptcy in U.S. history four months ago, about 150 Alvarez & Marsal employees and an additional 300 Lehman employees remain on site at Lehman offices around the world overseeing billions of dollars of holdings. Disposing those assets to pay back creditors will likely take years.
Last month the estate decided to retain a 49% stake in Lehman's money-management business Neuberger Investment Management and sell the balance to the firm's management. The estate also has held on to more than 100 direct stakes in private companies, including co-investments alongside Lehman's private-equity clients in large boom-era buyouts such as First Data Corp. and Texas utility TXU.
The Lehman estate is also currently running a sales process for two other large Lehman private investment units -- an $800 million venture capital arm and a roughly $10 billion real-estate private equity group. Given the slack market for those businesses, one possibility would to retain interests in those holdings as well, according to a person familiar with those deals.
Write to Peter Lattman at peter.lattman@wsj.com
milanese
09.01.2009, 03:42
From correspondents in London | January 09, 2009
Article from: Agence France-Presse
JAPANESE car giant Nissan said it would cut 1200 jobs in Britain due to a sales slump caused by the global economic slowdown, in the latest economic blow for the country.
The jobs will go at the firm's plant in Sunderland, northeast England, which has around 5000 workers and is one of the biggest employers in the region.
"Like all manufacturers, the Sunderland plant is currently operating in extraordinary circumstances not of our making,'' said Trevor Mann, Nissan's senior vice president for manufacturing in Europe.
"It is essential we take the right action now to ensure we are in a strong and viable position once business conditions return to normal. Unavoidably, this means we have had to make some very tough decisions in recent weeks.
"However by doing so, we are helping to safeguard our long-term future which I believe is extremely positive.''
Nissan said the outlook for the car market this year remained "extremely challenging,'' adding that it was committed to taking the right action now to safeguard the plant's long-term sustainability.
"The long-term future of the plant must remain our over-riding priority,'' Mr Mann said.
Work at the production line only resumed on Monday after an extended Christmas shutdown in response to the slowdown in car sales.
Production had been halted on December 18, five days earlier than expected, after a surprise shutdown the previous week.
Nissan said there had been a "dramatic decline'' in customer demand towards the end of 2008 which had affected all car makers.
New car sales in Britain alone dropped 11 per cent in 2008, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday.
Nissan sold 66,336 new cars in Britain last year, just 0.14 per cent fewer than in 2007.
But as the economic crisis began to bite, its sales for December fell 26.68 per cent compared with the same month in 2007.
When Nissan chose to locate the plant in Sunderland in 1986, it came as a rare boost for an area of England that was blighted by unemployment.
Derek Simpson, joint general secretary of the Unite union, said the job cuts were "devastating news for the workers and their families.''
He said "Today's announcement shows just how serious Britain's economic difficulties are.''
It has been a grim week for job losses in Britain, where the Bank of England cut its key lending rate Thursday to 1.5 per cent, the lowest level in its 315-year history, to ward off any threat of deflation amid the downturn.
Retailer Marks & Spencer said Wednesday it was laying off 1230 staff and shutting 27 stores, while 27,000 people were left out of work when retail institution Woolworths ceased trading Tuesday.
milanese
09.01.2009, 03:57
Thai shares seen rising on prospect of big rate cut
Reuters
milanese
09.01.2009, 03:57
Ann Keeton | January 09, 2009
Article from: Dow Jones Newswires
BOEING'S commercial airplane orders fell more than 50 per cent in 2008, as the red-hot market for new aircraft cooled following three record years of global sales.
The aerospace giant said today that its commercial airplanes unit took in 662 orders last year, down from 1407 in 2007.
A deep worldwide slowdown last year began taking its toll on airlines' plans to expand or to replace older planes. Still, Boeing said, 2008 was the eighth-best year for plane orders in the Chicago company's history.
The widespread credit crunch also is making it harder to finance aircraft sales, and is likely to result in some customers' deferring or cancelling orders this year.
Boeing and Airbus, its European rival, for a decade have vied for the top spot in making large jets. Although Airbus, a unit of EADS, doesn't plan to release 2008 order numbers until January 15, the company said in November that it had taken 756 new plane orders, putting it in position to overtake Boeing, which had led for the two previous years.
In 2007, Airbus booked 1341 commercial aircraft orders.
Airbus is poised to remain the leader in the number of new aircraft it delivered to customers in 2008. At the end of November, Airbus said it had already made 437 deliveries, more than Boeing's year-end total of 375 deliveries, which was down from 441 in 2007.
Airbus has said it expected to deliver more than 470 aircraft in 2008, setting a new record over the 453 aircraft delivered in 2007.
Boeing said today that a machinists' strike, which shut down production for two months, resulted in 15 per cent fewer planes reaching customers in 2008 than in 2007.
Both Boeing and Airbus have enjoyed a strong order cycle since 2005, largely fuelled by the growth of new markets in Asia and the Middle East.
Both companies have racked up multi-year order backlogs, as customers warmed to updated models of older aircraft, such as Boeing's 737, which accounted for 484 orders in 2008.
As well, airlines are eager to buy yet-to-be-delivered, fuel-saving models like Boeing's 787, and the Airbus A350XWB. But both aircraft have suffered long delays to their original delivery schedules.
Last month, Boeing pushed back the roll-out dates for its new 787 Dreamliner for the fourth time, due to the machinists' strike and the need to replace fasteners in some of the airplanes.
The company delayed the commercial jet's first flight until the second quarter of this year, and said customers holding orders for almost 900 of the planes won't see the first deliveries until the first quarter of 2010, about two years after it was originally scheduled to enter service.
Problems with the 787 have become a growing embarrassment for Boeing, which had prided itself on delivering its jets on time. Each time, Boeing officials assured customers and investors that the new schedule would be reliable, and then were subsequently surprised by new problems.
Dreamliner delays have bled into other development programs, such as Boeing's efforts to update its 747 jumbo jet. In November, Boeing said a new version of the four-engine plane would be as much as nine months late entering the market, in part because engineering resources were being gobbled up by the Dreamliner.
Airbus, too, has suffered production delays on new aircraft, with a redesigned A350 expected to first reach customers in 2012.
Boeing shares closed up US3 cents at $US44.79 in New York, but are off 45 per cent from a 52-week high of $US88.29.
milanese
09.01.2009, 03:58
Chad Bray | January 09, 2009
Article from: Dow Jones Newswires
ABOUT 100 signed cheques worth more than $US173 million ($243 million) were discovered in the desk of disgraced financier Bernard Madoff shortly after his arrest last month and were "ready to be sent out," prosecutors said today.
In a brief filed in New York, Assistant US Attorney Marc Litt said the cheques were found by investigators searching Mr Madoff's office after his arrest on December 11 on a securities fraud charge.
"The only thing that prevented the defendant from executing his plan to dissipate those assets was his arrest by the FBI," Mr Litt said.
Daniel Horwitz, a lawyer for Mr Madoff, declined comment.
Mr Madoff, founder of Bernard L. Madoff Investment Securities, allegedly told senior employees - later revealed to be his sons - at his Manhattan apartment on December 10 that he intended to surrender to authorities in a week, but wanted to use the $US200 million to $US300 million he had left to make payments to certain selected employees, family and friends, prosecutors said.
The allegation that Madoff expressed an intention to distribute funds to employees, family and friends was included in the original criminal complaint filed by prosecutors and was referenced again in their submission today.
The Wall Street Journal, citing people familiar with the matter, reported that Mr Madoff's sons brought the matter to the attention of their lawyer, who notified federal authorities that night. Mr Madoff was arrested the next day.
Prosecutors are seeking to have Madoff's bail revoked after he and his wife mailed more than $US1 million in watches, diamond jewellery and other valuables to relatives and others late last month.
The magistrate judge hearing the Government's detention motion is expected to rule later this week or next Monday, according to the judge's chambers.
The Government claims Mr Madoff violated an injunction freezing his assets in a separate civil case brought by the US Securities and Exchange Commission and Mr Madoff "presents a danger to the community of additional economic harm" if he remains free - namely through the dissipation of assets available for restitution if he were convicted.
In court documents filed on Wednesday, Ira Lee Sorkin, another lawyer for Mr Madoff, said the items mailed were "purely sentimental" and Mr Madoff didn't realise the asset freeze applied to "personal items".
Mr Sorkin said Mr Madoff's bail conditions could be modified to incorporate restrictions in the SEC order prohibiting the transfer of assets and valuable items could be held in a vault in escrow.
Prosecutors said bail conditions should be based on Mr Madoff’s trustworthiness.
"Determination of appropriate bail conditions must be based, fundamentally, on the trustworthiness of the defendant before the court," Mr Litt said in his filing today. "This defendant has shown that, at this point, he cannot be trusted."
Shortly before his arrest, Mr Madoff, a former chairman of the Nasdaq Stock Market who had been a force in Wall Street trading for nearly 50 years, allegedly told his sons that the firm's investment-advisory business was "basically a giant Ponzi scheme," and he estimated the losses from the fraud were at least $US50 billion, according to court documents.
In a Ponzi scheme, funds from new investors are typically used to pay distributions and redemptions to existing investors.
Since Mr Madoff's arrest last month, dozens of investors, charities and companies have emerged as victims.
A receiver has been appointed for his firm and a trustee has been appointed to liquidate the firm's US arm.
Separately, a lawsuit was filed against investment-fund company Fairfield Greenwich Group in US District Court in Manhattan by investors in its Fairfield Sentry Fund, which had about $US7.5 billion entrusted with Mr Madoff when the alleged fraud came to light. The complaint, which is seeking class-action status, is similar to a lawsuit filed in state court in Manhattan last month.
A Fairfield Greenwich spokesman declined comment. The company previously said it will pursue recovery of all assets associated with Mr Madoff.
milanese
09.01.2009, 03:59
Top Exec Of No. 1 Taiwan DRAM Maker Waives Salary Amid Crunch
Nikkei Net
milanese
09.01.2009, 04:00
Elizabeth Williamson | January 09, 2009
Article from: The Wall Street Journal
CITIGROUP has signed on to a deal with top Democrats in the Senate to move forward with a measure that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court.
The accord on the Senate version of a bill allowing "cramdowns," when bankruptcy judges force lenders to modify mortgages, was negotiated by Senator Dick Durbin, the Senate's second-ranking Democrat and the author of the Senate bill. Senator Durbin, who has backed pro-consumer bankruptcy initiatives for years, has worked for more than a year on the cramdown bill.
The deal, Senate staffers said, is likely the first of several measures being crafted this year that propose to trim the principal owed by homeowners saddled with mortgages larger than the current value of their house.
It marks a surprising change of direction by the financial-services industry. Banks have consistently fought such legislation, saying cramdowns would raise borrowing costs for all home buyers and jam courts with homeowners who wouldn't otherwise declare bankruptcy.
"This is the breakthrough we've been waiting for, to have a major financial institution support this legislation will create an incentive for others to come our way," Senator Durbin said in an interview. "I want to congratulate Citi for being open-minded about this (and) playing a major leadership role."
The Senate bill is supported by Senator Christopher Dodd of Connecticut, Democratic chairman of the Senate Banking Committee. Senator Chuck Schumer of New York, one of Citi's home state senators, worked with the lender to help craft a compromise.
Senate negotiators hope that Citi's endorsement will inspire other big mortgage lenders to endorse the legislation, which some have already indicated they will. Democrats want to include cramdown in the $US800 billion ($1.2 trillion) stimulus bill, which Congress hopes to pass by mid-February. The House version of the bill, sponsored by Democratic Representative Brad Miller of North Carolina, was also introduced this week.
According to industry data, one in 10 homeowners - about 4.6 million people - are either delinquent in their mortgage payments or in the process of foreclosure. The number of people filing for Chapter 13 bankruptcy - in which debtors can pay back their debt over three to five years - rose to 263,756 in the nine months of 2008, up from 234,375 in the same period last year, according to the American Bankruptcy Institute.
About two-thirds of debtors who file for Chapter 13 bankruptcy have a mortgage, judges and lawyers say. Half of them aren't able to keep paying the mortgage as part of their reorganisation and could benefit from the cramdown proposal, they say.
Many congressional Democrats and president-elect Barack Obama have supported changing the law for homeowners in bankruptcy, saying banks that have accepted federal aid should be doing more to help Americans wrestling with debts they can't pay. While the agreement makes eventual passage of the measure more likely - particularly in the new Democratic Congress - the bill must still pass both chambers.
The cramdown agreement goes further than any compromise discussed with lenders before the current Congress. Now, Democrats have the votes they need to pursue bold pro-consumer measures that were repeatedly defeated last year, particularly in the closely-divided Senate, where Republicans used procedural manoeuvres to quash many of Democrats' favourite initiatives, including cramdown.
Currently, bankruptcy judges can reduce auto and student loans, and mortgages on second homes for people in bankruptcy, but they cannot touch the terms of a primary mortgage. The Democrats' proposal allows judges to force major reductions in home loans, after homeowners certify that they have attempted to contact their lenders about a mortgage reduction before bankruptcy proceedings begin. They do not however have to have engaged in negotiations with their banks.
A mortgage deal reached by the company and top Senate Democrats marks a surprising change of direction by the financial-services industry.
The cramdown bill would apply to all mortgage loans, including but not limited to sub-prime loans, written any time prior to the bill's date of enactment. It allows judges the ability to lower principal or interest rate, extend the term of the loan, or any combination of the three. "Cramdown" refers to the ability of judges to lower a mortgage principal so that it is equivalent to the current market value of a home.
In a concession to lenders, if a lender is found to have violated the Truth in Lending Act during bankruptcy proceedings, the institution would be subject to fines, but would not have to forgive the loan, as is the case currently. Major violations would still be subject to full sanctions under the law. The TILA provisions would pre-empt any state lending laws.
The deal allows Citigroup, one of the biggest mortgage lenders, as a bank willing to work with Congressional Democrats and the incoming Obama administration to address the housing crisis. The bank faces tough scrutiny by the new Congress, where Democratic leaders have questioned the bank's efforts to help struggling homeowners.
The US Government last year pumped a total of $US45 billion in capital into Citigroup and also agreed to shoulder hundreds of billions of dollars of potential losses on the company's risky assets.
-David Enrich and Amir Efrati contributed to this article.
milanese
09.01.2009, 04:02
The South Korean won rose against the dollar early on Friday, with investors keeping an eye on the result of a central bank monetary policy meeting later in the day and local shares rising.
Reuters
milanese
09.01.2009, 04:03
January 09, 2009
Article from: Australian Associated Press
ANZ has appointed Christine Ip as chief executive for China to extend its retail and institutional banking presence.
She will report to ANZ's (anz.ASX:Quote,News) north east Asia chief Alistair Bulloch and succeeds Andrew McGregor when he retires next month.
Ms Ip's industry experience spans 22 years and she was previously Standard Chartered Bank's head of consumer banking for China.
She takes up her Shanghai-based post next Monday.
milanese
09.01.2009, 04:04
John C. Bogle | January 09, 2009
Article from: The Wall Street Journal
THERE is almost no limit to the ability of investors to ignore the lessons of the past. This cost them dearly last year.
Here are six of the most important of these lessons:
1. Beware of market forecasts, even by experts. As 2008 began, strategists from Wall Street's 12 major firms forecast the end-of-the-year closing level and earnings of the Standard and Poor's 500 Stock Index. On average, the forecast was for a year-end price of 1640 and earnings of $US97. There was remarkably little disparity of opinion among these sages.
Reality: the S&P closed the year at 903, with reported earnings estimated at $US50.
Strategists aren't always wrong. But they have been consistent, betting year after year that the market will rise, usually by about 10 per cent. Thus, they got it about right in 2004, 2006 and 2007, but also totally missed the market declines in 2000, 2001 and 2002, and vastly underestimated the resurgence in 2003.
Ignore the forecasts of inevitably bullish strategists. Bearish strategists on Wall Street's payroll don't survive for long.
2. Never underrate the importance of asset allocation. Investing is not about owning only common stocks. Nor are historical stock returns a sound guide to future returns. Virtually all investors should keep some "dry powder" in their portfolios in the form of high-grade short- and intermediate-term bonds. Investors who failed to learn that lesson fell on especially hard times in 2008.
How much in bonds? A good place to start is a bond percentage that equals your age. Although I don't slavishly adhere to that rule, my bond position accounted for about 65 per cent of my personal portfolio in early 2000. Because returns on my bond funds since then have totalled 50 per cent and returns on my stock funds were negative 25 per cent, bonds are now about 75 per cent of my portfolio, still close to my advancing age.
With all the focus on historical returns that greatly favour stocks, don't ignore bonds. Consider not only the probabilities of future returns on stocks, but the consequences if you are wrong.
3. Mutual funds with superior performance records often falter. Last year was an extreme example. With the S&P 500 off 37 per cent for the year, Legg Mason Value Trust fell by 55 per cent. Fidelity Magellan Fund, after a good 2007, was off 49 per cent. Funds managed by proven long-term pros felt the pain - Dodge and Cox Stock down 43 per cent; Third Avenue Value down 46 per cent; CGM Focus down 48 per cent; Clipper down 50 per cent; Longleaf Partners down 51 per cent. (Full disclosure: Four of Vanguard's actively-managed equity funds also lagged the market by wide margins.)
Only time will tell whether the disappointing shortfalls experienced by these and other funds will be recovered in the future, whether the skills of their managers have atrophied, or whether their luck has run out. Whatever the case, chasing past performance is all too often a loser's game. Managers of funds seeking market-beating returns should make it clear to investors that they must be prepared to trail the market - perhaps substantially - in at least one year of every three.
4. Owning the market remains the strategy of choice. Such a strategy guarantees a return that lags the market return by a minuscule amount, and exceeds the return captured by active equity-fund managers as a group by a substantial amount. Why? Because the heavy costs incurred by investors in actively managed equity funds can easily amount to 2 per cent to 3 per cent annually. Typical expense ratios run from 1 per cent to 1.5 per cent; the hidden costs of portfolio turnover often come to 0.5 per cent to 1.0 per cent; a 5 per cent front-end sales load, amortised over a holding period of five to 10 years, adds another 0.5 per cent to 1.0 per cent per year in costs.
As a group, investors are by definition indexers. (That is, they own the entire market.) So indexing wins, not because markets are efficient (sometimes they are, sometimes they are not), but because its all-in annual costs amount to as little as 0.1 per cent to 0.2 per cent.
Indexing won in 2008 by an especially wide margin. Low-cost, low-turnover, no-load S&P 500 index funds outpaced nearly 70 per cent of all equity funds, and (admittedly a fairer comparison) more than 60 per cent of all funds focused on large-cap US stocks. This continues the pattern - with some variations - that goes back to the start of the first index fund 33 years ago. The bond index fund did even better. Its return of 5 per cent for 2008 outpaced more than 80 per cent of all taxable bond funds.
In sum, active management strategies as a group lose because they are expensive. Passive indexing strategies win because they are cheap.
5. Look before you leap into alternative asset classes. During 2006-07, equity mutual funds focused on developed international markets and emerging markets provided strong relative returns to US stocks. During that period, US investors made net purchases of $US285 billion ($401 billion) in mutual funds investing in non-US stocks, and liquidated on balance some $US35 billion from funds focused on US stocks.
This extreme example of "performance chasing" at its worst is hardly defensible. But, disingenuously, it was touted by fund marketers as adding "non-correlated assets," or "reducing volatility risk". In 2008 - with non-US developed market funds falling by 45 per cent and emerging market funds tumbling by 55 per cent, we learned once again that, just when we need it the most, international diversification lets us down.
Commodities were no different. As the global recession developed, commodity funds sank, the largest such fund tumbled 50 per cent. Always keep in mind: When the investment grass looks greener on the other side of the fence, look twice before you leap.
6. Beware of financial innovation. Why? Because most of it is designed to enrich the innovators, not investors. Just think of the multiple layers of fees to the salespersons, servicers, banks, underwriters and brokers selling mortgage-backed debt obligations. These new products (credit default swaps are another example) enriched their marketers during 2005-07, only to impoverish the clients who held them in 2008.
Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers. The sellers, having (as ever) the information advantage, nearly always win.
We can't say that we haven't been warned about the perils of ignoring the past. More than 2000 years ago, the Roman orator Cato noted that, "there must be a vast fund of stupidity in human nature, or else men would not be caught as they are, a thousand times over, by the same snares . . . while they yet remember their past misfortunes, they go on to court and encourage the causes to what they were owing, and which will again produce them".
While the events of 2008 reinforced that message, perhaps these stern and oft-repeated lessons of experience will help investors avoid similar mistakes in 2009 and beyond.
*John C. Bogle is the founder and former chief executive of the Vanguard Group of Mutual Funds. His newest book, Enough. True Measures of Money, Business, and Life, was published by Wiley in November.
milanese
09.01.2009, 04:06
Enda Curran | January 09, 2009
Article from: Dow Jones Newswires
ANZ said today it was ahead of schedule for its 2008-2009 term funding requirements but despite still strong deposit inflows, it didn't plan to lower its forecast borrowing needs.
ANZ's funding position underscores the relative health of Australia's banks, which have in recent weeks have rushed to hoover up cash using the Government's term funding guarantee.
ANZ, Australia's fourth largest by market value, said it raised almost $6 billion in term wholesale funding during the December quarter but was sticking with its target of about $20 billion for its current financial year, group treasurer Rick Moscati told Dow Jones Newswires in an interview.
"When you consider term wholesale debt markets came to a standstill in mid September and didn't re-open until late December, the fact we're now slightly ahead of our run rate is a great outcome," Moscati said.
ANZ also named today Christine Ip as head of its China operations as the bank looked to step up its presence in the region.
"Our goal is for ANZ to become a top-four foreign bank in China," said ANZ North East Asia CEO Alistair Bulloch said.
Ms Ip joins from Standard Chartered Bank, where she most recently oversaw that bank's consumer banking for China. She will commence with ANZ on January 12.
Taking pressure off ANZ's funding needs has been a still "very strong" growth of its deposit base, which has given the bank flexibility on its borrowing target, Mr Moscati said.
Despite the firmer base, however, the bank would not be altering its original borrowing plans, ANZ group head of funding Luke Davidson told Dow Jones in the same interview.
"If anything, the term funding requirement has decreased due to the stronger-than-expected growth in customer deposits. Nevertheless, as a conservative measure we have not lowered our term funding targets for the year," Davidson said.
"We expect our balance sheet funding metrics to continue to strengthen.”
Mr Moscati also reiterated ANZ's tier one capital ratio was now in excess of 8 per cent. In mid-December, ANZ said its tier one capital ratio was 8.35 per cent.
Illustrating the comparative health of Australia's banks, Commonwealth Bank is also continuing to see strong deposit inflow and will likely not need to meet its full-year borrowing target of $28 billion as loan demand weakens, treasurer Lyn Cobley said yesterday.
ANZ was amongst the first to use the sovereign rating to sell debt, when it last month sold a $US1.75 billion bond, which was subsequently increased to about $US2.6 billion ($3.7 billion).
Investor response to Australian banks using the guarantee has been "very favourable" and the breadth of buyers was widening beyond bank treasuries to institutional money mangers, Mr Moscati said.
"There was skewing towards other bank treasuries who hold such assets for liquidity purposes themselves" in the early trades, he said. "We are seeing increased participation by traditional triple A or sovereign buyers, i.e. central banks, and traditional real money investors."
While the government measure to backstop funding has reopened otherwise closed international public debt markets, the cost of borrowing remained sky high, Mr Moscati said.
"It hasn't resulted in any decrease in funding costs. The fact is that the premium for three-year wholesale debt on a guaranteed basis is still in excess of 150 basis points, and five-year money is in excess of 180 basis points," he said.
Prior to the collapse of banking behemoth Lehman Brothers in September, ANZ could have expected to raise senior debt around the 120 basis points area.
Australia's term funding guarantee covers debt out to five years, charging 70 basis points for AAA to AA-minus rated banks; 100 basis points for A-plus to A-minus rated names; and 150 basis points for BBB-plus and below to hire the sovereign rating.
Although the new asset class carries Australia's AAA credit rating, investors were still looking beyond the sovereign to charge a higher premium, Mr Moscati said.
"The fundamental problem is not the guarantee fee itself; it's the fact you're not able to issue bonds at traditional government bond levels," he said.
Credit spreads have tightened early in the year but the outlook for the cost of borrowing remained volatile, Mr Moscati said.
At what stage the guarantee ceases to be required was also uncertain and when it was unwound, this would need to be done in lock step with other jurisdictions, the ANZ Treasurer said.
"The only way to entertain an exit from the guarantee here is in a collaborative manner with what happens internationally," he said.
Further deals in international markets are likely in the months ahead, including the Samurai bond market, which ANZ issued into last month.
"It's safe to expect most, if not all, of the major banks will look to Japan in the coming months," Mr Davidson said.
Offerings of non-guaranteed notes would also surface from time to time, depending on investor appetite, Mr Moscati added.
"We're still optimistic that there will be increased appetite for unguaranteed debt," he said.
milanese
09.01.2009, 04:07
Kathy Shwiff | January 09, 2009
Article from: Dow Jones Newswires
CITIGROUP said today it had $US2 billion ($2.8 billion) in direct gross exposure to LyondellBasell Industries, the Netherlands-based chemical giant that filed for bankruptcy protection of its US operations earlier this week.
The exposure, as of December 31, is primarily in Citi's institutional clients group.
The banking giant said its fourth-quarter pre-tax impact related to LyondellBasell is estimated at $US1.4 billion, recorded primarily as a loan loss reserve build. The final impact on Citi's results could differ from that amount because of closing and other adjustments.
In addition, Citi is participating in LyondellBasell's debtor-in-possession financing.
LyondellBasell US unit was so desperate for cash that it had to get an emergency $US100 million loan from Citi yesterday. Lyondell Chemical will use the money until it can access proceeds from an $US8 billion loan package.
LyondellBasell's only US refinery, the 14th-largest in the nation, is expected to be the biggest refinery to go through bankruptcy proceedings.
The company has come under pressure during the past year as home and auto sales have fallen sharply, resulting in slumping demand for its products. Earlier in the year, it also felt the pinch of high oil and natural gas prices.
While most US refiners faced challenges in the second half of 2008, LyondellBasell was uniquely burdened because it is primarily a chemical company and not a refiner.
The chemicals business was hard hit by softening demand for its core products and rising raw materials costs. Refiners were helped slightly by the declining price of the crude oil they bought; chemical companies saw no such relief.
While the refinery isn't at the root of LyondellBasell's woes, its ability to operate normally may be impaired by the bankruptcy proceedings if suppliers become unwilling to finance its continuing operations. However, the company has secured debtor-in-possession financing and says it plans to operate all of its facilities at planned rates.
milanese
09.01.2009, 04:08
TAIPEI (XFN-ASIA) - Share prices were weaker as a bleak December sales
report from United Microelectronics Corp (UMC) and an earnings warning from
Asustek Computer heightened worries about the impact of the economic downturn on
local companies.
UMC, the world's second-largest contract chipmaker, lost over 2 pct after
announcing that its parent-level sales fell to 4.61 bln twd in December from
6.02 bln in the previous month and were down 45.54 pct compared to December
2007.
The stock was also pressured by news that UMC and two of its venture capital
units are writing down a total of 9.61 bln twd on some equity investments and
idle assets.
Asustek Computer was limit-down 7 pct as the maker of motherboards and
notebook computers cut performance estimates for the December quarter.
At 10.40 am, the weighted index was down 17.92 points or 0.40 pct at
4,517.87, off a low of 4,472.45 and high of 4,546.71.
Turnover of 32.76 bln twd.
"Investors are unnerved by plunges in major technology firms' December
sales, which have marred earnings (outlooks) for the full-year 2008," said a
fund manager with a domestic securities investment trust firm.
"Negative corporate leads convinced them to continue profit-taking," he
said.
He noted that financial stocks lost more ground due to worries over
narrowed spreads after the central bank cut key interest rates again this week.
"With US and Taiwan entering the earnings season, investors will stay
cautious in the near term," the fund manager said.
However, liquidity-driven interest and valuation buying could emerge
anytime to curtail the market's downside, he added.
The financial sector was down 1.72 pct and electronics sector fell 0.46 pct.
UMC was down 0.22 twd or 2.73 pct at 7.84 and Asustek tumbled the maximum
allowable 2.50 twd to 33.40.
Taiwan Semiconductor Manufacturing (TSMC) was down 0.40 twd or 0.96 pct at
41.15 ahead of its December sales figures, due after close of trading today.
AU Optronics was up 0.25 twd or 0.98 pct to 25.75 after falling in early
trade following its monthly sales report. The LCD panel maker's December
consolidated sales amounted to 14.74 bln twd, down nearly 70 pct from a year
earlier.
MediaTek rose 5.00 twd or 2.06 pct to 248.00, also recovering from early
weakness. The integrated-circuits design house announced that its consolidated
sales in December fell 2.93 pct from a year earlier to 5.11 bln twd.
In financial sector, Yuanta tumbled 0.80 twd or 5.65 pct to 13.35,
Chinatrust Financial shed 0.55 twd or 4.26 pct to 12.35 and Mega Financial gave
up 0.25 twd or 2.35 pct to 10.40.
(1 usd = 33.10 twd)
adela.lin@afxasia.com
milanese
09.01.2009, 04:08
The Canadian government will run an "substantial" deficit in the fiscal year starting on April 1, Finance Minister Jim Flaherty said on Thursday.
Reuters
milanese
09.01.2009, 04:10
By Ed Logue | January 09, 2009
Article from: Australian Associated Press
AUSTRALIANS are more confident investing in property than in shares during 2009, a survey says.
Forty per cent of respondents said their priority in 2009 is to buy property, an online survey by mortgage broker Loan Market Group revealed.
Loan Market Group executive director, John Kolenda, said measures from policymakers to boost the flagging economy and softer property prices have made the housing market more attractive for investors.
Since September, the Reserve Bank of Australia (RBA) has slashed the cash rate by three percentage points to a seven-year low 4.25 per cent.
Many market economists are forecasting the central bank to cut the cash rate to at least 3 per cent by June, 2009.
And the Federal Government's increase in the first home owner's grant is set to stimulate the property market.
"It's (the cash rate) expected to go lower, and that is obviously encouraging to prospective property buyers,'' Mr Kolenda said.
"The increase in the first home owners grant to $14,000 and to $21,000 for buying or building a new home will expire on June 30 this year.
"That is also likely to have a significant impact on the property market.''
The housing sector is subdued, with average house prices across the capital cities falling 1.8 per cent in the September quarter after a 0.2 per cent decline the three months before.
And new home sales fell 1.1 per cent in November, while building approvals dropped 12.8 per cent in the same month.
Only 6 per cent of those surveyed said they would invest in shares, following the Australian All Ordinaries index falling 43 per cent in 2008.
Mr Kolenda said a third of the survey said clearing credit card debt was their priority during 2009, Mr Kolenda said.
"There are many people who, after Christmas, have huge debts on credit cards,'' Mr Kolenda said.
"It is important to bear in mind that your home loan isn't the only interest rate you might be able to negotiate.
"People should check the interest rate they are paying on their card, talk to their lender or broker and see if they can get a better rate and if not, look elsewhere.''
Mortgage refinancing was picked by 9 per cent of respondents.
Eight per cent said they hoped to "weather'' the financial downturn in 2009, while 2 per cent of respondents were philanthropic by donating to charity as their priority.
milanese
09.01.2009, 04:11
January 09, 2009
Article from: Australian Associated Press
RADIO has once again proved itself to be the most resilient of the traditional media in tough economic times, recording steady advertising revenue in 2008, new figures show.
This is despite a 7 per cent fall in ad revenue in radio's key market, Sydney.
According to figures released by the industry body, Commercial Radio Australia (CRA), metropolitan commercial radio ad revenue fell by only 0.1 per cent in 2008, compared to 2007.
Commercial radio stations in Australia's major cities generated ad revenue of $643.6 million in 2008, compared to $664.5 million in the prior year.
"The radio industry has proved again to be a very resilient media in tough times recording similar revenue to 2007, despite a challenging time for its largest revenue market in Sydney, which recorded patchy results for much of the year,'' CRA chief executive officer Joan Warner said.
Ms Warner said that despite a difficult last quarter of 2008, some markets, particularly Perth, recorded good growth for much of the year and all markets, except Sydney, had recorded an increase in revenue for 2008.
The Sydney radio market attracted revenue of $207.3 million - a fall of about 7 per cent on the previous year, CRA said based on figures from PricewaterhouseCoopers and 2008 Metropolitan Commercial Radio Advertising Revenue as sourced by Deloitte.
Perth was the strongest market in 2008, up 9 per cent to $85.4 million, followed by Melbourne, which grew by 3 per cent to $187.4 million.
Brisbane stations attracted revenue of $102.8 million, up about 1 per cent, and Adelaide was up 0.2 per cent to $60.5 million compared to 2007.
Radio remained a strong medium for Australians in 2008 with an average cumulative audience of 8.79 million people tuning in each week during the year. This was 55,000 more people than in 2007, when 8.74 million people listened on average each week.
On average, Australians spent 17 hours and two minutes per week listening to commercial radio during 2008.
People in Melbourne topped the list for average time spent listening to commercial radio each week across 2008 at 17 hours 48 minutes, followed by Perth, Adelaide, Sydney and then Brisbane at 16 hours 05 minutes.
milanese
09.01.2009, 04:12
SHANGHAI SECURITIES NEWS
-- The latest selldown of equity stakes in Chinese banks by their
overseas partners is due to the partner's own financial difficulties at home,
and investors should not be panicking about the long-term prospects of China's
banking industry.
-- A research report by First Capital Securities said China's consumer
price index will see higher levels at the start and end of 2009 but hit its
bottom in the middle of the year.
-- SDIC Huajing Power posted a year-on-year 24 percent fall in its
electricity output to 7.067 billion kilowatt hours in the fourth quarter of
2008, providing further evidence of a pullback in demand by industrial users on
a slowing economy.
-- China Eastern said it would convene a shareholders' meetings on Feb.
26 to discuss the issuance of additional shares in exchange for a government
cash injection.
milanese
09.01.2009, 04:15
München (ddp)- Die Immobilienbank Hypo Real Estate (HRE), die nur mit staatlicher Hilfe überleben kann, will nach Informationen der «Süddeutschen Zeitung» (Freitagausgabe) die Konzernspitze nach und nach vollständig umbesetzen. Derzeit sind noch drei Vorstände im Amt, denen die Münchner Staatsanwaltschaft vorwirft, an der finanziellen Misere des Geldinstituts mitschuldig zu sein. Die Strafverfolger ermitteln gegen insgesamt neun Manager, die zwischen November 2007 und September 2008 zur Konzernspitze gehörten. Sechs davon sind bereits ausgeschieden, darunter der frühere Vorstandschef Georg Funke und der Ex-Aufsichtsratsvorsitzende Kurt Viermetz. Zuletzt hatte Thomas Glynn, bisher zuständig für die Bereiche Kapitalmärkte und Anlagemanagement, die HRE-Spitze verlassen.
Nach Informationen der Zeitung gibt es intern inzwischen Gespräche über weitere Veränderungen im Vorstand. Die Bank wollte sich dazu nicht äußern. Ein Insider sagte der Zeitung, bei der HRE werde es «genauso kommen wie bei Siemens». Bei der Siemens AG war wegen des Korruptionsskandals der komplette Vorstand ausgetauscht worden. Aus HRE-Kreisen hieß es, man baue im Konzern weiter auf Cyril Dunne. ddp/arh
milanese
09.01.2009, 04:16
Forex: Dollar Trades At Lower Y91 Level
milanese
09.01.2009, 04:34
etwas staerker in den nachmittagshandel
Nikkei 225 1/9 - 12:34
8,830.98 - 45.44
milanese
09.01.2009, 04:35
China To Ease Ban On Settling Trade Accounts In Yuan
Nikkei Net
milanese
09.01.2009, 04:36
Japan's top drug wholesaler Mediceo Paltac Holdings and No.2 Alfresa Holdings said on Friday they have scrapped their merger plan
Reuters
milanese
09.01.2009, 04:37
Some friends of accused swindler Bernard Madoff considered him a "warm and charming" man, and one of his alleged victims praised him just before his death in 2005, Fox Business Network reported on Thursday.
milanese
09.01.2009, 04:42
Lotte To Acquire Doosan Liquor Ops For Y36bn
Nikkei Net
milanese
09.01.2009, 04:44
Shin-Etsu Chem Looks To Best Rivals In Recession Endurance Contest
Nikkei Net
milanese
09.01.2009, 04:44
oil climbs above $42 a barrel
milanese
09.01.2009, 04:45
S.Korea Dec producer price growth hits 10-mth low
Reuters
milanese
09.01.2009, 04:55
FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Freitag, den 09. Januar 2009:
TERMINE MIT ZEITANGABE
06:00 J: Frühindikatoren 11/08
08:00 D: Statistisches Bundesamt Einzelhandelsumsatz 11/08
08:00 D: Statistisches Bundesamt Insolvenzen 10/08
08:45 F: Industrieproduktion 11/08
10:30 GB: Erzeugerpreise 12/08
10:30 GB: Industrieproduktion 11/08
11:00 EU: Einzelhandelsumsatz 11/08
12:00 D: Industrieproduktion 11/08
14:30 USA: Arbeitslosenzahlen 12/08
16:00 USA: Lagerbestände und Umsätze Großhandel 11/08
TERMINE OHNE GENAUE ZEITANGABE
D: BMW Absatzzahlen 12/08
SONSTIGE TERMINE
RU: Feiertag, Börse geschlossen
milanese
09.01.2009, 04:57
John Kell | January 09, 2009
Article from: Dow Jones Newswires
CHEVRON warned today it expected to report a significant decline in fourth-quarter earnings amid receding energy prices and bigger-than-expected charges.
The oil and gas giant also warned its worldwide refining operations would continue to suffer from weak margins.
Chevron expected charges in the fourth quarter to be well above the high end of the general guidance for $US250 million to $US300 million ($354 million to $425 million) of items related to corporate and other activities.
The second-largest US oil company by market value said today in its interim update issued after the closing bell that earnings from its upstream business, which includes its exploration and production operations, were hurt by lower oil and gas prices. In the third quarter, earnings at Chevron's oil-and-gas production segment surged 80 per cent to $US6.18 billion.
Chevron said earnings from its downstream refining and marketing operations are expected to include gains from provisionally priced crude and derivatives, resulting from sharply falling commodity prices, as in the third quarter when the company reported earnings more than quadrupled.
Full fourth-quarter worldwide refining margins, or the profit from processing crude oil into petroleum products and selling it, are likely to drop sequentially, but the company said marketing-indicator margins improved somewhat in the fourth quarter.
During the first two months of the fourth quarter, Chevron, a component of the Dow Jones Industrial Average since February, fetched on average $US61.70 a barrel for crude oil from its US fields, down from $US112.22 for the full third quarter and $US81.57 a year earlier.
Internationally, Chevron's realised crude prices fell about $US50 a barrel from the third quarter to $US53.29 a barrel.
US natural-gas prices averaged $US4.98 per thousand cubic feet, down from $US8.64 in the third quarter and $US6.08 a year ago. Overseas, the average natural-gas price fell to $US5.30 from $US5.37 in the third quarter but up from $US4.32 a year ago.
At the same time, Chevron said oil production was 39,000 barrels a day lower than in the third quarter due to the impact of the September hurricanes in the Gulf of Mexico. Internationally, production increased about 10 per cent amid completion of an expansion project and increased production off the coast of Nigeria.
US natural-gas production fell 21 per cent from a year ago, while overseas gas output increased 5.2 per cent.
milanese
09.01.2009, 04:57
HONG KONG (XFN-ASIA) - Share prices came off their early highs as investors
traded cautiously ahead of key jobs data in the US, with large-caps propping up
the key index after a three-day slide.
Bank of Communications (BoComm) gained nearly 2.7 pct after it said key
shareholder HSBC has no plans to cut its stake, but other China banks were mixed
after recent share sales by strategic investors.
At 11.18 am, the Hang Seng index was up 20.08 points or 0.20 pct at
14,444.99, off a low of 14,380.88 and high of 14,628.29.
Turnover was 15.26 bln hkd.
"The market staged a mild rebound in early trade on bargain-hunting after a
three-day fall. A good showing of ADRs prompted investors to buy into major blue
chips," said Kenny Tang, research head at Redford Securities.
But the market lost steam as investors awaited crucial US jobs data, he
said.
Non-farm payrolls data for December will be released in the US tonight.
Tang noted that Chinese banks mostly rebounded after a sell-off in the past
two sessions.
"Fundamentals of the banks have not changed... Some investors were a bit
over-sensitive to the news" of sale of stakes by some strategic shareholders,"
he said.
"China banks' valuations are quite cheap now and I don't expect very sharp
downside in the near term," Tang said.
This week saw share sales by key investors in China Construction Bank (CCB)
and Bank of China (BOC). Bank of America sold 5.62 bln shares of CCB, while an
entity controlled by tycoon Li Ka-shing offloaded 2 bln shares of BOC.
Tang said the market may have another rally ahead of the Chinese New Year on
hopes for new economic stimulus measures in the US, but the index is unlikely to
break the 15,800 level.
BOC lost 0.06 hkd or 3.06 pct at 1.90 on worries that Royal Bank of Scotland
will soon sell its 2 bln stg stake in the bank.
ICBC fell 0.01 hkd or 0.27 pct to 3.68 on worries of possible sale by
strategic investors after a share lock-up period expires at end-April.
BoComm was up 0.15 hkd or 2.66 pct at 5.77. The bank said yesterday that
HSBC has informed it that it will not reduce its stake but rather will increase
it under appropriate conditions. HSBC owns about 19 pct of China's fifth-biggest
lender.
CCB rose 0.06 hkd or 1.55 pct to 3.94 and China Merchants Bank was up 0.12
hkd or 0.88 pct at 13.82 after recent falls.
Among large caps, China Life rose 0.25 hkd or 1.06 pct at 23.90, HSBC was up
0.95 hkd or 1.28 pct at 74.95 and Hong Kong Exchanges & Clearing up 1.10 hkd or
1.40 pct at 79.60.
China telecom operators rebounded after recent falls.
China Mobile gained 0.30 hkd or 0.39 pct at 76.30, China Unicom rose 0.26
hkd or 3.06 pct at 8.77 and China Telecom was up 0.06 hkd or 2.10 pct at 2.92.
Beijing issued 3G licenses this week to China Mobile, China Unicom and China
Telecom.
Local property firms were mostly lower after early gains. Cheung Kong was
down 0.05 hkd or 0.07 pct at 76.50, Sun Hung Kai lost 0.55 hkd or 0.77 pct at
70.45, Henderson Land was up 0.35 hkd or 1.08 pct at 32.90 and Sino Land down
0.02 hkd or 0.24 pct at 8.38.
Lenovo fell 0.07 hkd or 3.66 pct to 1.84, extending its 26 pct slump
yesterday after announcing that it is likely to post a loss for the December
quarter and that it will cut 2,500 jobs.
Oil producers rebounded despite continued weakness in crude oil prices
CNOOC was up 0.08 hkd or 1.09 pct at 7.45 and PetroChina was up 0.09 hkd or
1.27 pct at 7.15, while refiner China Petroleum & Chemical Corp (Sinopec) rose
0.04 hkd or 0.85 pct to 4.76.
Among metals and mining firms, Aluminum Corp of China (Chalco) fell 0.05 hkd
or 1.09 pct to 4.53, Jiangxi Copper gained 0.16 hkd or 2.50 pct at 6.57 and
Angang Steel up 0.12 hkd or 1.42 pct at 8.60.
Coal firm China Shenhua fell 0.08 hkd or 0.45 pct to 17.62.
Zijin MIning was flat at 4.37 hkd. The company said it will build a 2.6 bln
yuan copper refinery in Fujian province in partnership with major shareholder
Minxi Xinghang State Owned Assets Investment Co.
China power producers surged on hopes that Beijing will inject new capital
to support the sector.
Datang Power was up 0.26 hkd or 6.7 pct at 4.12, Huaneng Power was up 0.14
hkd or 2.7 pct at 5.37 and China Power was up 0.08 hkd or 5.3 pct at 1.6.
Mainland media reported that the central government may inject new capital
into power producers, with Datang Power probably among the beneficiaries.
China Resources Power gained 0.5 hkd or 3.6 pct to 14.3 after announcing
that it sold 64.74 mln megawatt-hours of electricity last year, up 23.1 pct from
2007.
The Hang Seng China Enterprises index was up 39.18 points or 0.50 pct at
7,799.2.
(1 usd = 7.8 hkd)
roby.lau@xfn.com
milanese
09.01.2009, 04:59
The average nuclear power plant utilisation rate at Japan's 10 nuclear power companies rose to a four-month high of 62.5 percent in December
Reuters
milanese
09.01.2009, 05:00
Walt Disney Co on Thursday threw its weight behind a new Intel chip that lets TV viewers interact with their favorite programs, underscoring a continuing effort to merge computers and media.
Reuters
milanese
09.01.2009, 05:01
Shares of Taiwan's UMC fell more than 2 percent on Friday, a day after the world's No. 2 contract chip maker posted poor December sales, its biggest drop in nearly seven years
Reuters
PaulZwei
09.01.2009, 05:06
guten morgen,
milanese
09.01.2009, 05:13
Pan American Silver Corp:
* Says new Manantial Espejo silver and gold mine in Argentina began pouring
dore on December 29, 2008
* Says as of December 31, 2008, about 10,000 ounces of silver and 230 ouncesof
gold had been poured
* Sees 2009 silver production up 15% to 21.5 million ounces
* Sees 2009 gold production more than doubling to 85,000 ounces
milanese
09.01.2009, 05:13
guten morgen,
guten morgen paul, hoffe du hast wohlgeruht;-)
milanese
09.01.2009, 05:14
Ford Motor Co is committed to maintaining investments in new products such as its Sync audio platform as well as production cuts forced by the global economic downturn, Chief Executive Alan
Mulally said on Thursday.
Reuters
milanese
09.01.2009, 05:15
MÜNCHEN (dpa-AFX) - Die vom Staat gestützte Immobilienbank Hypo Real Estate
(HRE) will laut einem Pressebericht die Konzernspitze nach und nach
vollständig umbesetzen. Derzeit seien noch drei Vorstände im Amt, denen die
Staatsanwaltschaft vorwerfe, an der finanziellen Misere des Geldinstituts
mitschuldig zu sein, berichtet die "Süddeutsche Zeitung" (SZ/Freitag). Vom alten
Management gehören inzwischen nur noch Robert Grassinger, Cyril Dunne und
Bettina von Oesterreich dem Konzernvorstand an. Neben dem bereits angekündigten
Ausscheiden von Grassinger wird der Zeitung zufolge intern bereits über weitere
Veränderungen gesprochen. Die Bank habe sich dazu allerdings nicht äußern
wollen.
Ein Insider sagte der Zeitung, bei der HRE werde es "genauso kommen wie bei
Siemens". Dort war wegen des Korruptionsskandals der komplette Vorstand
ausgetauscht worden. Aus HRE-Kreisen erfuhr die "SZ" es, man baue im Konzern
weiter auf Cyril Dunne. Er solle sich auf die Führung der Tochterbank Depfa in
Irland konzentrieren. Der bereits aus der HRE-Spitze ausgeschiedene Thomas Glynn
bleibt ebenfalls im Depfa-Vorstand. Womöglich seien das jedoch nur
Übergangsjobs, da die Depfa in die HRE integriert werden soll./stw
milanese
09.01.2009, 05:16
Nikkei:SHIPPERS RISE AFTER KEY FREIGHT INDEX GAINS
Mitsui O.S.K. Lines and other shipping firms gained after a key freight
index rose for the third straight day.
The Baltic Dry Index rose 4.1 percent on Thursday, bringing its gains for
this year to nearly 8 percent after plummeting the year before.
Mitsui O.S.K. gained 3.5 percent to 593 yen and Nippon Yusen , Japan's
largest shipping firm, rose 0.9 percent to 543 yen. The shipping subindex gained
1.8 percent.
milanese
09.01.2009, 05:17
Jessica E. Vascellaro | January 09, 2009
Article from: The Wall Street Journal
YAHOO is in the final stretch of its search for a chief executive officer, and a decision could come as soon as next week, said people close to the internet company.
Among candidates still under consideration is Carol Bartz, the former chief executive officer of Autodesk, a publicly traded company that builds design software used in engineering.
She's "on the list," said a person familiar with the matter, adding that she has impressed the Yahoo directors she has met so far.
A Yahoo spokesman declined to comment. An Autodesk spokeswoman said Ms Bartz was travelling and couldn't be reached for comment. Her candidacy was first reported by the website AllThingsD.com, which is owned by Dow Jones & Co, publisher of The Wall Street Journal.
Whether Ms Bartz is a backup candidate or a front-runner remains unclear. People familiar with the matter said the board is leaning toward an external pick at this phase, as it winds down a search it formally announced on November 17.
Former Vodafone Group chief executive Arun Sarin, whom the Yahoo board had been seriously considering, has withdrawn his name, according to people familiar with the matter. Mr Sarin didn't return requests for comment.
The board has yet to make an offer and is unlikely to before next week, said people close to the company. At the latest, Yahoo is hoping to announce a new leader before it reports fourth-quarter earnings at the end of the month, they said. Once Yahoo board members agree on a candidate, the company also will have to negotiate an employment agreement. That sometimes takes a few weeks.
Choosing Ms Bartz, 60 years old, would indicate that Yahoo is looking for a steady hand who has run a public company over someone with internet and online advertising experience. If the board heads in that direction, the company could also seek to hire another senior executive with more extensive consumer product experience, which analysts and investors argue Yahoo needs to better compete with Google and other rivals.
Ms Bartz still serves as executive chairman of Autodesk, which she ran as chief executive from 1992 to 2006. Autodesk is around half the size of Yahoo, with about 7000 employees world-wide. In its fiscal year ended January 31, 2008, Autodesk reported $US2.2 billion ($3.1 billion) in revenue. Yahoo's revenue in its fiscal year ending December 2007 was $US6.97 billion.
Ms Bartz was also an executive at Sun Microsystems and she sits on the board of Cisco Sysyems, with Yahoo's chief executive and co-founder Jerry Yang. She is also a member of the Intel board with Yahoo president Susan Decker.
-Joann S. Lublin contributed to this article.
milanese
09.01.2009, 05:19
BEIJING (XFN-ASIA) - China B-shares finished the morning slightly higher as
electricity producers gained on hopes that the government will inject capital to
support the sector.
Shanghai-based property developers retreated after gaining yesterday
following a report that a Disney theme park will be operational in the city by
2013.
The Shanghai B-share Index was up 0.13 point or 0.11 pct at 117.13 and the
Shenzhen B-share Index rose 1.19 points or 0.42 pct to 282.15.
The FTSE/Xinhua China B 35 Index gained 6.69 points to 4,138.82.
The benchmark Shanghai Composite Index, which covers both A- and B-shares
listed on the Shanghai Stock Exchange, ended the morning up 5.34 points or 0.28
pct at 1,883.52.
(1 usd = 6.8 yuan; 7.8 hkd)
allen.shu@xfn.com
milanese
09.01.2009, 05:22
der Nikkei 225 hat sich wieder ins positive Terrain gekaempft
Nikkei 225 1/9 - 13:21
8,882.12 + 5.70
milanese
09.01.2009, 05:23
The Financial Times- LONDON LURES FOREIGN PROPERTY INVESTORS
London property market is stormed by foreign investors who
rush to take advantage of steep price falls and the weak pound,
new figures by consultants Savills have shown. Sterling's
declining value is dragging costs for overseas buyers down by
35-50 percent whereas prices for domestic investors have fallen
by about 15 percent. Thursday's decision by the monetary policy
committee to axe rates by 50 basis points is expected to
increase foreign demand even further. Overseas property
investors have played a key role in previous housing market
recoveries in central London, where foreign interest tends to
concentrate.
milanese
09.01.2009, 05:24
Yahoo Inc is nearing the end of its search for a new chief executive officer, with a decision coming possibly as soon as next week, the Wall Street Journal reported late Thursday
milanese
09.01.2009, 05:28
XETRA
THE FOLLOWING SHARES ARE TRADED EX CAPITAL ADJUSTMENT ON 09.01.2009.
INSTR ISIN INSTRUMENT NAME
SMIC BMG2377G1244 COL CAPITAL NEW HD-,01
SWP1 BMG8252G1548 SOLARTECH INTL HLDGS CONS
RHO6 US7711951043 ROCHE HLDG SP. ADR
milanese
09.01.2009, 05:29
XETRA
THE EX-DIVIDEND DAY OF THE FOLLOWING SHARES WILL BE 09.01.2009.
INSTR ISIN INSTRUMENT NAME DIVIDEND AMOUNT
NKF AU000000NFK4 NORFOLK GROUP LTD 0.010 EUR
TYF BMG9144P1059 TYCO ELECTRONICS DL-,20 0.118 EUR
FCC ES0122060314 FOMENT.CON.CONTR.INH.EO 1 0.785 EUR
BMI US0556301077 BP PRUDHOE BAY ROLTY UBI 1.210 EUR
SCZ US8666741041 SUN COMM. INC. DL-,01 0.464 EUR
milanese
09.01.2009, 05:30
Japan Foreign Reserves Hit Record Y1.03tln
Nikkei Net
milanese
09.01.2009, 05:31
Forex: Dollar Trades At Lower Y91 Level Ahead Of U.S. Employment Data
milanese
09.01.2009, 05:32
Indian shares are set to drop again when trading resumes on Friday after a holiday, with investors worried about the damage caused by Satyam Computer Services after the No. 4
Indian outsourcer said it had falsely inflated profits for many years.
Reuters
milanese
09.01.2009, 05:36
The Financial Times:CHAMPAGNE LOSES ITS FIZZ FOR MAJESTIC WINE
Majestic Wine, the UK's largest wine warehouse
chain, has reported a 2.9 percent year-on-year sales drop over
the 10 weeks to January 5, hit by the emergence of a
recession-era mentality which is affecting champagne's appeal.
The decline was mainly concentrated in the sales to business
customers, which represent one fifth of turnover, while ordinary
shoppers also cut down on champagne, with sales falling seven
percent. Yet, sales to overall non-business customers increased
0.2 percent, helping the company to end the period with margins
in "pretty good shape" and giving it confidence it would meet
analysts' expectations of full-year pre-tax profit of about 13.4
million pounds
milanese
09.01.2009, 05:37
NIKKEI_OIL-LINKED SHARES UP AS CRUDE REBOUNDS ABOVE $42
Oil and gas field developer Inpex and other oil-linked shares rose after
U.S. crude for February delivery rebounded above $42 on Friday amid signs Saudi
Arabia would deepen supply cuts next month and mounting evidence that OPEC
members are implementing the group's biggest-ever output cuts.
Showa Shell Sekiyu, a major oil distributor, gained 3 percent to 855 yen
and Inpex rose 2.2 percent to 693,000 yen. Trading House Itochu Corp rose 1.8
percent to 490 yen.
milanese
09.01.2009, 05:38
Panasonic Lowering Flat-Screen Plant Investment By Y130bn
Nikkei Net
milanese
09.01.2009, 05:42
Flash memory card maker SanDisk Corp on Thursday rolled out a family of what it called the world's fastest multi-level cell, solid-state hard drives.
At the Consumer Electronics Show in Las Vegas (), SanDisk showed off its new G3 series SSDs, designed as drop-in replacements for hard disk drives in notebook computers.
Reuters
milanese
09.01.2009, 05:43
HK dollar near 3-month low on bank stake sales
milanese
09.01.2009, 05:45
Ross Kelly | January 09, 2009
Article from: Dow Jones Newswires
SANTOS today announced plans to hire 120 workers in 2009 to work on a proposed liquefied natural gas project in Queensland.
Santos said it hoped to build the project with Malaysia's Petroliam Nasional Bhd at Gladstone.
"For Gladstone LNG alone, we’ve grown from just eight employees in January 2008 to 220 today, with plans for a further 120 new employees on the project in 2009,” Santos said.
“By the end of next year, we’d expect to have close to 900 Santos and Gladstone LNG employees throughout Queensland, 600 of them based in Brisbane.”
Santos said a final investment decision on the LNG project was still expected to be made in the first half of 2010, with first production slated for 2014.
milanese
09.01.2009, 05:46
By Lema Samandar | January 09, 2009
Article from: Australian Associated Press
THE global economic crisis has failed to quench people's thirst for beer, with the Australian beer market performing strongly.
Global beverages company Foster's Group's (fgl.ASX:Quote,News) near term earnings will be well supported by this strong performance, Goldman Sachs JBWere analysts say.
Beer sales typically thrive during economic downturns. They are considered recession-resistant.
Looking over the market, and the economy broadly, the J B Were Goldman Sachs analysts said they believed sale or demerger of Foster's wine division was not likely following the group's internal review of that division.
"This would suggest that FGL's near term rating should be largely a function of its earnings outlook rather than extraneous factors.
"Our base case scenario is that near term earnings will be well supported by the strong performance from the Australian beer market and the currency tailwinds for US wine earnings.
"On a sum of the parts analysis, we believe fair value lies in the $5.00 to $5.50 range and retain our HOLD recommendation.''
The analysts said "further deterioration in the Australian dollar'' was "the key upside risk, offset somewhat by weaker macroeconomic conditions.
"There is also a possibility that the merger proposal between beverage companies Lion Nathan and and Coca Cola Amatil is a catalyst for other corporate activity in the sector.''
Downside risks to Foster's earnings included supermarkets capturing benefits from currency fluctuations and soft demand for wine.
"The boost to earnings over the past three to five years from positive product mix shift is also likely to diminish as the economy slows,'' the analysts said in their report.
Phirefoo1980
09.01.2009, 05:46
Nikkei hat ins Plus gedreht..... \\:D/
milanese
09.01.2009, 05:54
Nikkei hat ins Plus gedreht..... \\:D/
das war mal..
Nikkei 225 1/9 - 13:52
8,856.92 - 19.50
milanese
09.01.2009, 05:55
SHANGHAI (XFN-ASIA) - China A-shares ended the morning firmer led by power
producers on hopes that the government will inject capital to support the
industry, dealers said.
Airlines retreated from their early gains following the Ministry of
Finance's tax exemption announcement yesterday.
The benchmark Shanghai Composite Index ended the morning up 5.34 points or
0.28 pct at 1,883.52, after losing about three pct in the previous two sessions.
"The market, supported by hopes for government policy action, has become
more stable in the run-up to the Spring Festival holiday, compared to the end of
2008," said Qian Xiangjin, an anlyst with Citic Kinton Securities.
Power proudcers attracted most of the attention today on hopes that they
will follow the airline industry as beneficiaries of government aid, Qian noted.
Datang International Power Generation (SHA 601991) rose 0.54 yuan or 8.01
pct to 7.23 on expectations that its parent company would be the first
beneficiary of such funding.
Guiguan Electric Power (SHA 600236), also controlled by Datang Group, said
it has got 300 mln yuan from the central government for reconstruction after
last year's earthquake. The stock rose 0.27 yuan or 4.10 pct to 6.86.
However, analysts cautioned that a major rebound is not expected soon, with
data showing that confidence in the economy is shrinking,
The National Bureau of Statistics announced today China's business
confidence index plunged 29.2 points in the fourth quarter of 2008 to a record
low of 94.6.
Airlines pulled back. China Eastern Airlines (SHA 600115; HK 0670; NYSE CEA)
shed 0.12 yuan or 2.65 pct to 4.40, off a high of 4.69 yuan, while Air China
(SHA 601111; HK 0753) lost 0.08 yuan or 1.79 pct to 4.38.
The Ministry of Finance said yesterday that it will suspend the collection
of tax on fuel surcharges collected by airlines, effective Jan 1, with the
measure expiring at the end of 2010.
Hafei Aviation Industry (SHA 600038), a listed unit of Aviation Industry
Corp of China, rose 0.23 yuan or 2.23 pct to 10.55 after the group company
signed agreements yesterday for credit lines totaling 176 bln yuan from 10
domestic banks.
Banks were mixed. Bank of Communications (SHA 601328; HK 3328) was down 0.01
yuan or 0.20 pct at 4.94. It said late yesterday that it received notice from 19
pct shareholder HSBC that the latter has no plan to reduce its stake and may
even increase its holdings under appropriate conditions.
The statement came after news that an entity controlled by Hong Kong's Li
Ka-shing sold 2 bln H-shares of Bank of China (BOC) (SHA 601988; HK 3988) and
Bank of America cut its stake in China Construction Bank (SHA 601939; HK 0939)
earlier this week.
Bank of China (BOC) edged down 0.01 yuan at 2.93, while China Construction
Bank was up 0.01 yuan at 3.73.
Jiangling Motors (SZA 000550; SZB 200550) was unchanged at 8.44 yuan after
reporting a drop in vehicle production to 94,340 units from 95,285 a year
earlier and sales rose to 95,171 units from 95,059 in 2007.
The Shanghai A-share Index rose 5.62 points or 0.29 pct to 1,977.49, while
the Shenzhen A-share Index was up 3.48 points or 0.58 pct at 605.80.
The FTSE/Xinhua China A 50 Index was up 26.76 points or 0.40 pct at 6,780.89
and the FTSE/Xinhua China A 200 Index rose 25.06 points or 0.47 pct to 5,337.72
.
(1 usd = 6.83 yuan)
ina.zhou@xfn.com
milanese
09.01.2009, 05:56
Shares in India's Satyam Computer Services slumped more than 70 percent early on Friday and dragged the main index down more than 2 percent.
Reuters
Phirefoo1980
09.01.2009, 05:57
Habe um 5:55 MEZ einen 0,1% uim Plus notierenden NIKKEI.
Nikkei hat ins Plus gedreht..... \\:D/
das war mal..
Nikkei 225 1/9 - 13:52
8,856.92 - 19.50
milanese
09.01.2009, 05:57
Daily Telegraph
MAJESTIC HANGOVER AS BUBBLY LOSES FIZZ
Retailer Majestic Wine reported a 2.9 percent fall
in like-for-like sales in the 10 weeks ending on January 5.
Falling sales of champagne proved to be a factor as customers
switched to wine and other sparkling drinks over the Christmas
period. Chief executive Steve Lewis reported a "modest growth"
in sales to Majestic's private customers and said he expected
the retail environment to remain challenging throughout 2009.
milanese
09.01.2009, 05:58
Habe um 5:55 MEZ einen 0,1% uim Plus notierenden NIKKEI.
Nikkei hat ins Plus gedreht..... \\:D/
das war mal..
Nikkei 225 1/9 - 13:52
8,856.92 - 19.50
du hast einen 15min delay, versuch mal http://www.nni.nikkei.co.jp/CF/FR/MKJ
Phirefoo1980
09.01.2009, 05:58
Wo bist du eigentlich? Auf der anderen Seite der Welt?
Habe um 5:55 MEZ einen 0,1% uim Plus notierenden NIKKEI.
Nikkei hat ins Plus gedreht..... \\:D/
das war mal..
Nikkei 225 1/9 - 13:52
8,856.92 - 19.50
Phirefoo1980
09.01.2009, 06:00
http://www.n-tv.de/1180.html
Der NIkkei bei ntv ist meines Wissens RT. Ist dann wohgl der 225er. Der ist bei Dir auch im Plus... 0,1% oder?
milanese
09.01.2009, 06:03
der nikkei225 kaempft heute wacker, es kommen immer wieder kaeufer, wenn man denkt es dreht ins negative ab, allerdings mahnen die ausstehenden jobdaten in den usa ,sowie das wochenende zur vorsicht
Nikkei 225 1/9 - 14:02
8,891.38 + 14.96
Phirefoo1980
09.01.2009, 06:03
Und wenn ich auf den kleinen Chart klicke ist der Nikkei 225 sogar 15 Punkte im Plus...
Habe aber ehrlich gesagt keinen Ahnung, was nun der richtige Wert ist. Die ntv Seite nehme ich als quick overview...
Phirefoo1980
09.01.2009, 06:03
Yup...
der nikkei225 kaempft heute wacker, es kommen immer wieder kaeufer, wenn man denkt es dreht ins negative ab, allerdings mahnen die ausstehenden jobdaten in den usa ,sowie das wochenende zur vorsicht
Nikkei 225 1/9 - 14:02
8,891.38 + 14.96
Phirefoo1980
09.01.2009, 06:04
Gratulierst Du mir zu 400 Beiträge? Sonst ist hier ja niemand...
Yup...
der nikkei225 kaempft heute wacker, es kommen immer wieder kaeufer, wenn man denkt es dreht ins negative ab, allerdings mahnen die ausstehenden jobdaten in den usa ,sowie das wochenende zur vorsicht
Nikkei 225 1/9 - 14:02
8,891.38 + 14.96
Phirefoo1980
09.01.2009, 06:05
Gold sollte gleich das Opening GAP Schliessen.... Danach mal schauen wohin die reise geht!
milanese
09.01.2009, 06:06
China Eastern Airlines , one of the country's three biggest carriers, said passenger volume fell 5.4 percent last year, the first drop in at least nine years as the economic slowdown curbed air travel.
Reuters
Zauberer
09.01.2009, 06:06
schönen guten morgen und HERZLICHEN GLÜCKWUNSCH zu 400 postings. wir liegen ja direkt gleichauf...
Gratulierst Du mir zu 400 Beiträge? Sonst ist hier ja niemand...
Yup...
der nikkei225 kaempft heute wacker, es kommen immer wieder kaeufer, wenn man denkt es dreht ins negative ab, allerdings mahnen die ausstehenden jobdaten in den usa ,sowie das wochenende zur vorsicht
Nikkei 225 1/9 - 14:02
8,891.38 + 14.96
Phirefoo1980
09.01.2009, 06:07
Danke!
schönen guten morgen und HERZLICHEN GLÜCKWUNSCH zu 400 postings. wir liegen ja direkt gleichauf...
Gratulierst Du mir zu 400 Beiträge? Sonst ist hier ja niemand...
Yup...
der nikkei225 kaempft heute wacker, es kommen immer wieder kaeufer, wenn man denkt es dreht ins negative ab, allerdings mahnen die ausstehenden jobdaten in den usa ,sowie das wochenende zur vorsicht
Nikkei 225 1/9 - 14:02
8,891.38 + 14.96
milanese
09.01.2009, 06:07
SEOUL (dpa-AFX) - Der in Finanznot geratene südkoreanische Autohersteller
SsangYong Motor hat auf Beschluss seines chinesischen Mehrheitseigners
Gläubigerschutz beim Bezirksgericht in Seoul beantragt. Der Schritt sei gemacht
worden, um die derzeitige Liquiditätskrise in den Griff zu bekommen, teilte der
Geländewagenspezialist am Freitag mit. Ziel sei es, aus SsangYong ein
Unternehmen mit nachhaltigem Wachstum zu machen.
SsangYong hatte Ende Dezember nach eigenen Angaben eine Unterstützung von 45
Millionen Dollar von Shanghai Automotive Industry erhalten, das 51 Prozent der
Anteile am kleinsten der fünf südkoreanischen Autobauer hält. Im vergangenen
Jahr war der Absatz bei SsangYong um 29,9 Prozent auf 92 665 Autos
eingebrochen./dg/DP/zb
Phirefoo1980
09.01.2009, 06:08
Sieht Heute alles irgendwie neutral bis leicht positiv aus. Positiv ist, dass der Nikkei seinen Intraday Verluste wettmachen konnte...
US-Futures notieren auch schon leicht im Plus.
milanese
09.01.2009, 06:10
N Korea Seeks More Econ Control Via Cabinet Reshuffle
Nikkei Net
milanese
09.01.2009, 06:14
BERLIN (dpa-AFX) - In der Diskussion über das zweite Konjunkturpaket der
großen Koalition schlägt der Verband der privaten Krankenversicherungen (PKV)
die Senkung der Mehrwertsteuer auf Arzneimittel vor. Anders als der von Union
und SPD geplante Steuerzuschuss komme diese Lösung allen Bürgern zugute und
führe nicht zu einer Wettbewerbsverzerrung im Gesundheitssystem. "Eine Senkung
der Mehrwertsteuer auf Arzneimittel auf den ermäßigten Satz von sieben Prozent
könnte insgesamt rund drei Milliarden Euro Entlastung mobilisieren", sagte
PKV-Verbandsdirektor Volker Leienbach der Zeitung "Die Welt" (Freitag).
Er schlug außerdem eine "kostengerechte Beitragszahlung" des Bundes für die
Empfänger von Arbeitslosengeld II vor. "Durch die zu niedrig angesetzten
Beiträge entgehen den Krankenversicherungen 4,7 Milliarden Euro pro Jahr. In
diesem Umfang könnten die Versicherungsbeiträge durch eine korrekte
Beitragsleistung des Bundes gesenkt werden", sagte Leienbach. Den möglichen
Beitragszuschuss an die Krankenkassen nannte er verfassungsrechtlich fragwürdig.
Der von der großen Koalition geplante Steuerzuschuss käme vor allem gesetzlich
versicherten Arbeitnehmern und Rentnern zugute. Selbstständige, Beamte und
Arbeitnehmer, die bei einer privaten Krankenversicherung sind, würden davon
nichts spüren./bk/DP/zb
milanese
09.01.2009, 06:15
TAGESVORSCHAU/9. Januar 2009
===
***06:00 JP/Frühindikator November ***08:00 DE/Destatis, Einzelhandelsumsatz November saisonbereinigt real PROGNOSE: +0,5% gg Vm zuvor: -2,2% gg Vm 08:00 DE/Destatis, Insolvenzen Oktober ***08:45 FR/Industrieproduktion November PROGNOSE: -1,1% gg Vm zuvor: -2,7% gg Vm ***08:45 FR/Handelsbilanz November PROGNOSE: -6,50 Mrd EUR zuvor: -7,06 Mrd EUR 09:00 CZ/Verbraucherpreise Dezember 09:00 FR/EZB-Präsident Trichet, Rede auf dem Kolloquium "Neue Welt, neuer Kapitalismus" (seit 8.1.), Paris ***10:00 DE/BMW AG, Absatzzahlen Dezember, München 10:00 IT/Haushaltssaldo 3Q 10:00 NO/Verbraucherpreise Dezember ***10:30 GB/Erzeugerpreise Dezember Output-Basis PROGNOSE: -0,7% gg Vm/+3,9% gg Vj zuvor: -0,7% gg Vm/+5,1% gg Vj ***10:30 GB/Industrieproduktion November PROGNOSE: -0,7% gg Vm/-5,5% gg Vj zuvor: -1,7% gg Vm/-5,2% gg Vj 11:00 DE/Bundeskanzlerin Merkel, Bundesfinanzminister Steinbrück und Bundeswirtschaftsminister Glos, Gespräch mit Spitzenvertretern des Mittelstands zur Wirtschaftslage und zum geplanten zweiten Konjunkturpaket der Bundesregierung, Berlin ***11:00 EU/Eurostat, Einzelhandelsumsatz November Eurozone PROGNOSE: +0,2% gg Vm/-1,4% gg Vj zuvor: -0,8% gg Vm/-2,1% gg Vj ***12:00 DE/Bundeswirtschaftsministerium (BMWi), Produktion im produzierenden Gewerbe November saisonbereinigt PROGNOSE: -2,0% gg Vm zuvor: -2,1% gg Vm ***12:00 FR/Organisation für wirtschaftliche Zusammenarbeit und Entwicklung (OECD), Frühindikator November 12:00 FR/Organisation für wirtschaftliche Zusammenarbeit und Entwicklung (OECD), Verbraucherpreise November ***14:30 US/Arbeitsmarktdaten Dezember Beschäftigung ex Agrar PROGNOSE: -525.000 gg Vm zuvor: -533.000 gg Vm Arbeitslosenquote PROGNOSE: 7,0% zuvor: 6,7% ***16:00 US/Lagerbestände und Umsätze im Großhandel November Lagerbestände PROGNOSE: -0,8% gg Vm zuvor: -1,1% gg Vm 18:30 US/Maryland Bankers Association, Second Annual Economic Forecast Forum, Rede des Präsidenten der Federal Reserve Bank of Richmond, Lacker, Linthicum
Außerdem im Laufe des Tages zu erwarten: *** - DE/Bundesrepublik Deutschland - Finanzagentur GmbH, Ausschreibung der Neuemission unverzinsliche Schatzanweisungen (Bubills) über 7 Mrd EUR - DE/Deutsche Bundesbank, Kapitalbilanz November - ES/Industrieproduktion November - RU/Feiertag, Börse geschlossen
- Über die genannten Termine wird Dow Jones voraussichtlich berichten - *** kennzeichnen Termine mit herausragender Bedeutung - Uhrzeiten in MEZ - Keine Gewähr für Richtigkeit und Vollständigkeit ===
DJG/gla/cbr
(END) Dow Jones Newswires
January 09, 2009 00:02 ET (05:02 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 06:16
HONG KONG (XFN-ASIA) - Share prices finished the morning higher on gains in
key large-caps and a rebound in China banks after selloffs in the last two days,
but turnover was low ahead of key jobs data in the US.
Bank of Communications (BoComm) surged more than 5 pct after it said key
shareholder HSBC has no plans to cut its stake.
China power producers surged on hopes that Beijing will inject new capital
to support the sector.
Mainland insurer Ping An slumped 3 pct after UBS downgraded it to "sell",
citing valuation concerns.
The Hang Seng index ended the morning up 165.43 points or 1.15 pct at
14,581.34, off a low of 14,380.88 and high of 14,673.6.
Turnover was 25.7 bln hkd.
Among large-caps, HSBC was up 1.0 hkd or 1.35 pct at 75.0, China Mobile
gained 0.2 hkd or 0.26 pct to 76.2, HKEx rose 1.65 hkd or 2.1 pct to 80.15,
China Life climbed 0.7 hkd or 3.0 pct to 24.35 and Hutchison Whampoa was up 0.8
hkd or 1.9 pct at 43.35.
In the mainland power sector, China Power surged 0.07 hkd or 4.6 pct to
1.59, Datang Power gained 0.1 hkd or 2.6 pct to 3.96 and Huaneng Power was up
0.02 hkd or 28 pct at 5.25.
Ping An slumped 1.2 hkd or 3.02 pct to 38.6, while BoComm was up 0.29 hkd or
5.2 pct at 5.92.
(1 usd = 7.8 hkd)
george.ng@xfn.com
Phirefoo1980
09.01.2009, 06:17
Vorbörslich 1% im Plus. (DBK-Indikation). :-D
milanese
09.01.2009, 06:18
Indonesia's '09 vehicle sales seen down 30 pct-Toyota
milanese
09.01.2009, 06:19
Aktien Singapur mittags von Vortagesverlusten zum Teil erholt
SINGAPUR (Dow Jones)--Nach einem Handelsstart in negativem Terrain zeigt sich die Börse in Singapur am Freitagmittag Ortszeit freundlich. Der STI gewinnt 0,9% auf 1.845 Punkte und zeigt sich damit von einem Teil der Vortagesverluste erholt. Im Tagestief hatte der Index bereits bei 1.820 Zählern gelegen. Der Markt schließe sich den moderaten Gewinnen an anderen Börsen der Region an, so Börsianer. Der Umsatz beläuft sich auf moderate 937,7 Mio Aktien nach lediglich 997 Mio am kompletten Vortag.
"Ich glaube, die Akteure rechnen bereits mit dem Schlimmsten bei den US-Arbeitsmarktdaten. Sollten sie besser als erwartet ausfallen, könnte es kurzfristig zu einer Verbesserung der Marktstimmung kommen", so ein Händler mit Blick auf die im späteren Tagesverlauf anstehenden US-Daten. Technologiewerte stechen am Berichtstag heraus mit einem Subindex-Plus von 4,6%. Hier sorgten Fusionsgerüchte für Auftrieb, nachdem zuletzt Chartered gerüchteweise als Übernahmeziel gehandelt worden seien.
DJG/DJN/gos Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:17 ET (05:17 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 06:21
Japan Nov coincident indicator index -2.8 points m/m
milanese
09.01.2009, 06:21
VUELING
The European Commission is expected to decide whether or not to allow a
merger between airline Vueling and rival Clickair, controlled by Iberia.
Viel Glück
dem glaub ich nix mehr
von dem ist ja letztens mal eine sache nicht eingetreten
(börsen müssen 2 wochen dichtmachen wegen hf verkäufen)
passte auch net
Roubini forecasts recession will last 2 years
Roubini sees house prices falling through mid-2010
Roubini sees consumer price index falling 2% in 2009
Economist Roubini sees unemployment peaking at 9% in 2010
Nouriel Roubini sees U.S. GDP falling 3.4% in 2009
milanese
09.01.2009, 06:22
BRÜSSEL/PRAG (dpa-AFX) - Im Gasstreit zwischen Moskau und Kiew gibt es
wieder Bewegung: Der amtierende EU-Ratspräsident und tschechische Regierungschef
Mirek Topolanek und sein russischer Amtskollege Wladimir Putin vereinbarten die
Bedingungen für die Entsendung einer Beobachtungskommission an "allen Orten, die
für den Gas-Fluss relevant sind". Das teilte die tschechische
EU-Ratpräsidentschaft am Donnerstagabend in einer Erklärung mit. Die Entsendung
der Beobachter sollte dazu führen, dass unterbrochene russische Gaslieferungen
in die EU-Staaten wieder aufgenommen werden. Eine Bestätigung aus Moskau und der
Ukraine lag zunächst allerdings nicht vor. Topolanek habe sowohl mit Putin als
auch mit der deutschen Bundeskanzlerin Angela Merkel telefoniert, hieß es aus
Prag.
Ein mit den Verhandlungen vertrauter tschechischer Minister sagte der
Deutschen Presse-Agentur dpa in Prag: "Jetzt fehlt nur noch Gas. Jetzt fehlt nur
noch die Entscheidung, wieder Gas in die Systeme zu leiten." Es sei damit zu
rechnen, das eine aus EU-Beobachtern bestehende Delegation bereits am Freitag in
der Ukraine ihre Arbeit aufnehmen könne, nachdem mit Russland und der Ukraine
nun beide Konfliktparteien einer solchen Mission zugestimmt hätten. Genannt
werden wollte der Minister nicht.
Am Donnerstag waren erneut ein Dutzend europäischer Staaten von russischem
Gas weitgehend abgeschnitten. Dies führte vielerorten zu massiven Problemen für
Bevölkerung und Wirtschaft.
Im "Gaspoker" zwischen Moskau und Kiew hatte zuvor Streit über die
Entsendung internationaler Kontrolleure in das Gas-Transitland Ukraine eine
Lösung verhindert. Der russische Gasmonopolist Gazprom beharrte in den
Verhandlungen auf einer Beteiligung eigener Experten. Neben EU-Experten müssten
auch Vertreter der russischen Regierung sowie von Gazprom in der
Beobachtergruppe vertreten sein, teilte der Staatskonzern zuvor in Moskau mit.
Die Ukraine widersetze sich bislang aber einer russischen Beteiligung an der
Expertenmission.
Bundeskanzlerin Angela Merkel (CDU) und führende EU-Politiker setzten
ihrerseits auf die Entsendung neutraler Experten sowohl nach Russland als auch
in die Ukraine. Regierungssprecher Ulrich Wilhelm sagte am Abend in Berlin,
Merkel habe mit Topolanek und EU- Kommissionspräsident José Manuel Barroso
telefoniert. "Alle drei gehen davon aus, dass die internationalen Beobachter
schnellstmöglich auf beiden Seiten der russisch-ukrainischen Grenze eingesetzt
werden", sagte Wilhelm. Dies entspreche auch den Zusagen, die Merkel am Mittwoch
in ihren Telefonaten mit Putin und der ukrainischen Regierungschefin Julia
Timoschenko gemacht worden seien.
Russland hatte zuvor den konkreten EU-Vorschlag zur Entsendung von EU-
Beobachtern nach Angaben der tschechischen EU-Ratspräsidentschaft abgelehnt. Die
Ukraine hatte dem Vorschlag zugestimmt.
Gazprom-Chef Alexej Miller hatte am Donnerstag zunächst eine Wiederaufnahme
der gestoppten Lieferungen im Transit durch die Ukraine in Aussicht gestellt. Am
Abend kam dann die Wende: "Ich muss Ihnen sagen, dass die russischen Vertreter
den Vorschlag abgelehnt haben", sagte der tschechische Industrieminister Martin
Riman für die EU-Ratspräsidentschaft in Brüssel. Die EU-Beobachter sollen in der
Ukraine den Gastransit in Richtung Westen überwachen. Russlands Regierungschef
Wladimir Putin gab der EU-Kommission die Schuld am vorläufigen Scheitern einer
Lösung. Putin bezeichnete die prowestliche Führung der Ukraine als "hochgradig
kriminell".
Auch am Donnerstag war erneut ein Dutzend europäischer Staaten von
russischem Gas weitgehend abgeschnitten, darunter auch Italien. 80 Prozent des
Gases aus Russland kommt über die Ukraine in die Europäische Union. Sehr
schwierig ist die Lage in Südosteuropa, da hier viele Staaten fast zu 100
Prozent von den Gaslieferungen abhängig sind. In Serbien und Bulgarien froren
Hunderttausende in ihren Wohnungen. Viele Schulen und Kindergärten blieben
geschlossen.
Russlands Präsident Dmitri Medwedew stellte klar, dass erst eine Einigung
unterzeichnet werden muss. Moskau hat das Angebot vom Silvestertag von 250
Dollar je 1000 Kubikmeter Gas auf mehr als 400 Dollar hochgeschraubt. Der
ukrainische Präsident Viktor Juschtschenko hatte mit Blick auf die schweren
finanziellen Probleme seines Landes nur maximal 210 Dollar in Aussicht gestellt
und wollte mehr höhere Transitgebühren.
Nach dem Totalausfall russischer Gaslieferungen am Dienstag hatten sich
Vertreter von Gazprom und des ukrainischen Konzerns Naftogas am Donnerstag in
Moskau erstmals seit Silvester wieder zu Verhandlungen getroffen. Anschließend
reisten Gazprom-Chef Miller und der Naftogas- Chef, Oleg Dubina, gemeinsam im
Flugzeug nach Brüssel. Angesichts der beispiellosen Krise war der Empfang für
die Streithähne eisig.
"Sobald EU-Beobachter in der Ukraine sind und Zugang zu den Gas- Pipelines
haben, soll die Gaszufuhr so schnell wie möglich wiederhergestellt werden",
sagte Miller zunächst nach Beratungen in Brüssel. Später erklärte Putin in
Moskau, die EU-Kommission habe sich unter Hinweis auf ein angeblich fehlendes
Mandat geweigert, ein bereits von Russland unterzeichnetes Dokument
anzunehmen./cb/DP/zb
milanese
09.01.2009, 06:23
SEOUL (dpa-AFX) - Die südkoreanische Zentralbank hat angesichts der globalen
Wirtschaftskrise zum fünften Mal in drei Monaten ihren Leitzins gesenkt. Der
geldpolitische Ausschuss der Bank of Korea beschloss am Freitag, den
Schlüsselzins um weitere 0,5 Prozentpunkte auf nun 2,5 Prozent abzusenken. Der
Zinssatz, der für die Kosten der Kredite zwischen den Banken entscheidend ist,
steht damit auf dem bisher niedrigsten Niveau.
"Die wirtschaftlichen Aktivitäten im Inland lassen mit einem raschen Tempo
nach", teilte die Notenbank mit. "Der Rückgang des Privatverbrauchs und der
Investitionen verstärkt sich und die Exporte sind wegen des weltweiten
wirtschaftlichen Abschwungs deutlich zurückgegangen."
Die weltweit wegbrechende Nachfrage hat die exportorientierte Wirtschaft des
ostasiatischen Landes hart getroffen. Im Dezember fielen die Exporte im
Jahresvergleich um 17,4 Prozent. Die Industrieproduktion ging im November um
14,1 Prozent zurück.
Die Zentralbank in Seoul prognostizierte zuletzt ein Wirtschaftswachstum in
diesem Jahr von 2 Prozent, nach vermutlich 3,6 Prozent 2008. Zahlreiche Experten
sagen dagegen voraus, dass die Wirtschaftsleistung zum ersten Mal seit der
Asienkrise vor einem Jahrzehnt ins Minus rutschen könnte./dg/DP/zb
milanese
09.01.2009, 06:24
NEW YORK (dpa-AFX) - Der schwer angeschlagene US-Autobauer General Motors
(GM) findet einem Medienbericht zufolge keinen Käufer für
seine schwedische Tochter Saab. Es gebe bisher keine Interessenten, berichtete
das Fachmagazin "Automotive News" am Donnerstagabend im Internet unter Berufung
auf Insider.
Mitte Dezember hatte die schwedische Regierung Saab und der Ford-Tochter
Volvo angesichts massiver Probleme Unterstützung in
Milliardenhöhe zugesagt. Auch Volvo steht zum Verkauf.
Die Opel-Mutter General Motors wird derzeit in den USA mit
milliardenschweren Regierungskrediten vor der Zahlungsunfähigkeit bewahrt. Auch
für die ebenfalls zum Verkauf vorgesehene GM-Geländewagenmarke Hummer ist bisher
kein Käufer bekannt./fd/DP/zb
Satyam crashes again as investors dump shares
By V. Phani Kumar, MarketWatch
Last update: 11:50 p.m. EST Jan. 8, 2009
HONG KONG (MarketWatch) -- Shares of Satyam Computer Services plunged for a second straight session Friday as worried investors dumped them amid concerns the outsourcing giant may be strapped for cash and reports that some clients were reviewing contracts awarded to the company.
After crashing 77% on Wednesday, Satyam shares slumped a further 60% in Mumbai trading Friday. The stock exchange was closed for a holiday Thursday.
The drop came as Citigroup froze more than 30 of its operational accounts after Chairman B. Ramalinga Raju admitted to inflating the software company's balance sheet in India's biggest corporate fraud to date, according to a report in The Economic Times, citing sources.
milanese
09.01.2009, 06:26
Nikko Citigroup said today
Rated higher:
Nippon Oil Corp -- "1H" from "2H" (target price 420yen->580yen)
Kuraray Co Ltd -- "1M" from "2M" (target price 900yen)
Rating unchanged:
TDK Corp -- "1H" (target price 4100yen)
Kawasaki Kisen Kaisha Ltd -- "1M" (target price 610yen)
East Japan Railway Co -- "1M" (target price 9200yen)
Seven & I Holdings Co Ltd -- "1M" (target price 3650yen)
Yamato Holdings Co Ltd -- "2M" (target price 1250yen->1100yen)
Lawson Inc -- "2M" (target price 5600yen)
Phirefoo1980
09.01.2009, 06:26
Wann ist Handelsshluss beim Nikkei?
7:00 MEZ?
milanese
09.01.2009, 06:27
Indian engineering and construction firm Larsen & Toubro Ltd has no intention of either buying more shares or selling its stake in software services firm Satyam Computer Services Ltd, L&T's chairman said on Friday.
Reuters
milanese
09.01.2009, 06:28
Wann ist Handelsshluss beim Nikkei?
7:00 MEZ?
richtig
milanese
09.01.2009, 06:30
Goldman Sachs, the brokerage said on Friday.
Rated lower:
Orix Jreit Inc -- "Neutral" from "Buy"
Japan Retail Fund Investment Corp -- "Neutral" from "Buy"
Rating unchanged:
Cosmos Pharmaceutical Corp. -- "Buy"
Lawson Inc -- "Buy"
Sumitomo Metal Mining Co Ltd -- "Neutral"
Seven & I Holdings Co Ltd -- "Neutral"
Toyota Tsusho Corp -- "Neutral"
Star Micronics Co Ltd -- "Neutral"
TDK Corp -- "Neutral"
milanese
09.01.2009, 06:31
WSJ 09/01/2009
* Lehman Brothers Holdings Inc's private-equity arm has reached a deal
with its collapsed parent to spin out into an independent firm, while taking in
a new investment from luxury-goods billionaire Johann Rupert.
* An oversight panel will release a scathing report on the Treasury's
implementation of the $700 billion financial-rescue package.
* A Senate bill meant to give homeowners more leverage in renegotiating
their loans cleared a hurdle as Citigroup Inc dropped its opposition.
* Investigators found signed checks totaling more than $173 million in
Madoff's desk following his arrest.
* The chief executive of Exxon Mobil for the first time called on
Congress to enact a tax on greenhouse-gas emissions in order to fight global
warming.
* Yahoo Inc is in the final stretch of its search for a chief executive
officer, and a decision could come as soon as next week, said people close to
the Internet company.
* Sharply lower energy prices are rippling through the oil industry, with
Chevron Corp warning of a decline in profit and oil-field services giant
Schlumberger Ltd laying off workers around the world.
* Retailers led by Wal-Mart Stores Inc warned of lower sales and profits
in months to come as grim declines in December store sales emphasized the toll
the plunge in consumer spending is having on the U.S. economy.
* In an unusually extensive collaboration between an academic institution
and a drug maker, Vanderbilt University will partner with Johnson & Johnson to
develop new drugs to treat schizophrenia.
* The bailout agreement between General Motors Corp and the federal
government includes terms aimed at blocking the United Auto Workers from going
on strike while the union negotiates wage and benefit cuts with the auto maker
over the next few weeks.
* Gregory Fleming, the No. 2 executive at Merrill, is leaving Bank of
America Corp to become a senior research scholar at Yale Law School in New
Haven, Connecticut, people familiar with his plans said. Fleming informed Bank
of America Chairman and Chief Executive Kenneth Lewis of his plans Wednesday.
* President-elect Barack Obama has banned corporations and big donors
from funding his Jan. 20 inauguration. But 90 percent of donations received so
far have been raised by well-heeled fund-raisers, including Wall Street
executives whose companies have received billions of dollars in federal bailout
money.
* President-elect Barack Obama, warning of "a crisis unlike any we have
seen in our lifetime," implored Congress to move swiftly on a massive economic
recovery package.
* An Illinois House of Representatives panel voted unanimously to
recommend that the full House impeach Governor Rod Blagojevich, who faces
federal charges for corruption, including trying to sell the Senate seat vacated
by President-elect Barack Obama.
* Leaders of the nation's biggest unions are in talks to reunite the
labor movement after a breakaway group of unions left the AFL-CIO three years
ago to form a rival federation.
* The U.N. Security Council approved a resolution Thursday night calling
for an immediate and durable cease-fire in Gaza.
* Efforts by the EU to restore natural gas supplies were held up over a
dispute on whether Russians would be included among the international gas flow
monitors though EU officials said a tentative late deal appeared to have been
reached.
* Assets of firms that pool money from clients and invest in hedge funds
fell for the first time since 1996.
* Satyam Computer Services revealed it was strapped for cash and
scrambled to assess its finances and ensure continuity of operations even as its
chief financial officer resigned.
* Palm Inc introduced a long-awaited new operating system and
touch-screen wireless phone.
* The Commodity Futures Trading Commission and the Securities and
Exchange Commission brought civil charges against a Pennsylvania man accused of
running a $50 million Ponzi scheme since at least February 1995.
* Nasdaq OMX Group Inc unveiled plans to launch a suite of trading and
investment products tied to companies receiving government aid during the global
financial crisis.
* Ford Motor Co is working on a new generation of dashboard electronics
that it hopes will turn cars into something like iPhones on wheels.
* Fannie Mae is testing a new program to stave off foreclosures by
preapproving "short sales" of homes.
milanese
09.01.2009, 06:33
Aktien Hongkong am Mittag fester - Bank of China schwach
HONGKONG (Dow Jones)--Nach drei Handelstagen in Folge mit Kursverlusten kommt es am Freitag an der Börse in Hongkong zu einer Erholung. Der HSI gewinnt zum Ende der ersten Handelshälfte 1,2% auf 14.581 Punkte bei einem bescheidenen Volumen von 25,73 Mrd Aktien. Teilnehmer berichten von wenig aggressiven Schnäppchenkäufen und sehen den bei 14.687 Punkten liegenden Zehn-Tage-Durchschnitt als nächsten Widerstand.
Macquarie rät Anlegern, Gewinne mitzunehmen und Risiken zu reduzieren und begründet dies mit der Rally chinesischer Aktien, die seit Ende Oktober eine Rally von 55% gezeigt hätte. Die Bewertungen implizierten inzwischen einen "beträchtlichen Optimismus".
Bank of China verlieren gegen den Trend 1,5% auf 1,93 HKD und setzen damit die Verluste vom Vortag fort. Hintergrund sei weiter die Anteilsreduzierung der Li-Ka Shing-Stiftung an der Bank. China Mobile legen unterproportional um 0,3% zu auf 76,20 HKD. Einem Bericht zufolge hat der Start des 3G-Mobilfunks nur schwachen Widerhall auf Kundenseite gefunden.
DJG/DJN/gos Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:29 ET (05:29 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 06:34
PRESSESPIEGEL/News im Web
DOW JONES NEWSWIRES
Die Informationen stammen aus den Onlineangeboten der genannten Medien. Abweichungen zu den Inhalten der gedruckten Ausgaben sind möglich.
RWE SUCHT ANSCHLUSS IN DEN NIEDERLANDEN: Die Konsolidierung bei den Energiekonzernen geht weiter: Derzeit liegt RWE im Wettstreit um den Versorger Essent vorn. Der Verkaufsprozess ist aber komplex. Zudem droht in Deutschland Ärger mit dem Kartellamt. www.handelsblatt.de
BUND ENTSENDENT ZWEI VERTRETER IN DEN AUFSICHTSRAT DER COMMERZBANK: Der Bund will nach einem Bericht des "Handelsblatts" baldmöglichst zwei Staatssekretäre in den Aufsichtsrat der Commerzbank entsenden. Dem Bund stünden bei der Commerzbank zwei Aufsichtsratsmandate zu, die er aus gesellschaftsrechtlichen Gründen nicht sofort besetzen könne, verlautete aus Regierungskreisen. www.handelsblatt.de
LUFTHANSA GIBT ALITALIA VERLOREN: Die deutsche Airline hatte massiv um die Italiener geworben - allerdings vergebens. Lufthansa gibt nun doch kein Angebot für die angeschlagene Alitalia ab. Damit scheint der Weg für einen Einstieg des Konkurrenten Air France-KLM frei. www.ftd.de
SCHUTZSCHIRM FÜR FIRMEN SPALTET KOALITION: Kurz vor der entscheidenden Verhandlungsrunde über das zweite Konjunkturpaket streitet die Koalition über den geplanten Schutzschirm für Unternehmen. CDU-Vize Jürgen Rüttgers beharrt im "FTD"-Interview darauf, dass der Staat sich notfalls direkt an krisengeschüttelten Unternehmen beteiligen müsse. www.ftd.de
RATIOPHARM - EIN ATTRAKTIVER KAUFKANDIDAT: Der mögliche Ausverkauf des Merckle-Firmenimperiums lockt bereits die ersten Interessenten. Am attraktivsten dürfte der Arzneimittelhersteller Ratiopharm sein. Schwerer wird es fallen, einen Käufer für den Pharmagroßhändler Phoenix zu finden. www.faz.net
-Von Dennis Baker, Dow Jones Newswires, +49 (0)69 29725 103, unternehmen.de@dowjones.com
DJG/dba/cbr Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:19 ET (05:19 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 06:35
PRESSESPIEGEL/Unternehmen
RWE - RWE-Chef Jürgen Großmann hat den ersten großen Zukauf seiner Amtszeit im Visier. Der deutsche Energiekonzern liegt nach Informationen aus Branchenkreisen im Wettstreit um den niederländischen Versorger Essent vorn. Vorstand und Aufsichtsrat von Essent hätten entschieden, mit RWE in exklusive Verhandlungen zu treten. (Handelsblatt S. 11)
E.ON RUHRGAS - Dank vielfältiger Erdgas-Bezugsquellen wird in Deutschland in diesem Winter niemand frieren, sagt Ruhrgas-Chef Bernhard Reutersberg. "Doch stoßen auch unsere Möglichkeiten an ihre Grenzen, wenn der Streit noch länger anhält und es kalt bleibt", sagte er weiter. (FAZ S. 15)
DZ BANK - Das genossenschaftliche Spitzeninstitut DZ Bank kann damit rechnen, von den 1.200 Volks- und Raiffeisenbanken eine Kapitalerhöhung zwischen 500 Mio EUR und 1 Mrd EUR zu erhalten. Diese Größenordnung deutete Rolf Hildner an, der Aufsichtsratsvorsitzende der DZ Bank. (FAZ S. 5)
WATERFORD WEDGWOOD - Für den insolventen irischen Porzellanhersteller WaterfordWedgwood zeichnet sich eine Rettung ab. Der Insolvenzverwalter Deloitte teiltemit, Waterford Wedgwood habe mit der US-Beteiligungsgesellschaft KPS eineAbsichtserklärung über den Verkauf der Traditionsfirma unterzeichnet. (FTD S. 3)
SCHÖRGHUBER - Die bayerische Unternehmensgruppe Schörghuber will ihre Brauereigeschäfte enger vernetzen. Wichtige Funktionen in Einkauf, Logistik, Vertrieb und Marketing sollen künftig zentral gelenkt werden, heißt es. Die Investitionen sollen besser abgestimmt, die Produktionskapazitäten optimal ausgelastet werden. (FAZ S. 14)
DJG/pi/cbr Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:25 ET (05:25 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 06:37
Allison Jackson | January 09, 2009
Article from: The Australian
SHARES ended the first full trading week of 2009 slightly higher, as the festive season rally gave way to renewed economic concerns.
The S&P/ASX 200 rose 41.4 points, or 1.1 per cent, to 3735.7 today, for a weekly gain of 0.6 per cent.
The All Ordinaries was up 36.8 points at 3680.4, for a weekly rise of 0.7 per cent.
The Australian dollar retreated from a three-month high of US72.69 cents as fears the US recession could extend into next year sapped demand for risky investments and weighed on base metal prices.
The Aussie was last trading at US70.76 cents from yesterday’s close at US70.58c.
milanese
09.01.2009, 06:41
Friday, slumping more than 70 percent, after India's
fourth-largest software company shocked investors by revealing
the country's biggest corporate fraud scandal in memory.
Following are related stories. To read them, please
double-click on the codes within the square brackets.
----------------------------------------------------------------
LATEST NEWS
> Satyam shares plunge 71 percent
> India's L&T not to buy, sell Satyam shares-chmn
> Satyam in crisis; India vows to end company fraud
> Satyam rattles confidence in accounting firms
> Rivals to gain as scandal clouds Satyam's future
> Satyam scandal highlights emerging market risks
> Class action suits filed against Satyam in U.S.
> Aberdeen Asia says no longer owns Satyam shares
> Auditor PWC says followed auditing standards
> Satyam founders' stake drops further
> India's BSE to drop Satyam from benchmark index
> Satyam employees send out resumes, market tough
> India's Maytas Infra says chairman resigns
> HIGHLIGHTS-Satyam Computer media conference
REUTERS
milanese
09.01.2009, 06:47
New York Times 09/01/2009
* Three federal agencies and a loose consortium of state attorneys
general have for several years been gathering evidence of what appears to be
collusion among the banks and other companies that have helped state and local
governments take approximately $400 billion worth of municipal notes and bonds
to market each year.
* Under pressure from federal authorities, Swiss bank UBS AG is closing
the hidden offshore accounts of its well-heeled American clients, potentially
allowing their secrets to spill into the open.
* In a move that would help troubled homeowners, Citigroup Inc agreed to
support legislation that would let bankruptcy judges adjust mortgages for
at-risk borrowers, leading Congressional Democrats said.
* President-elect Barack Obama's transition team urged Congress to extend
the Feb. 17 cutoff date for analog broadcasting, injecting new uncertainty into
a switch that has confused customers and cost the government more than $1.3
billion in subsidies.
* The Congressional panel overseeing the $700 billion federal bailout has
expressed growing concern about the effectiveness and execution of the rescue
plan.
* Many chains reported the worst holiday shopping season in decades, and
the stores are entering the new year so weakened that some might not survive. A
wave of corporate failures that has already taken out stores like Sharper Image
and Linens'n Things is expected to grow substantially worse in coming months,
sending some of the well-known names of American retailing into bankruptcy.
* Arguing that Bernard Madoff's bail should be revoked, prosecutors cited
more evidence that he was hiding assets.
* The president-elect's economic recovery plan ran into cross-fire from
his own party, suggesting that it could take more time to pass than Democrats
once hoped.
* Indian outsourcing company Satyam Computer was struggling to determine
the extent of a financial fraud that left it fighting for survival as investors
began to search for ways to recoup their losses.
milanese
09.01.2009, 06:48
Nikkei- FANUC LTD TUMBLES AFTER UBS DOWNGRADE
milanese
09.01.2009, 06:50
India's Tata Steel Ltd said the chief executive of its Corus unit, Philippe Varin, has resigned and Kirby Adams, a former CEO of Bluescope Steel , would replace him.
Reuters
milanese
09.01.2009, 06:52
Stuttgart (dpa) - Der Autobauer Daimler schickt wegen der Absatzkrise von Montag an Zehntausende Mitarbeiter für mehrere Wochen in Kurzarbeit. Betroffen sind neben dem Stammwerk in Stuttgart- Untertürkheim auch das größte Werk des Konzerns in Sindelfingen sowie mehrere andere Pkw-Standorte in Deutschland. Insgesamt hat Daimler das Jahr 2008 mit Schrammen überstanden. Der Absatz der Automarken Mercedes-Benz, AMG, smart und Maybach sank um 2,3 Prozent. In Hamburg gilt schon seit dem 2. Januar Kurzarbeit für 1700 Beschäftigte.
milanese
09.01.2009, 06:53
Düsseldorf (ddp)- Die direkte Beteiligung des Staats an der Commerzbank dient nach Ansicht von Wirtschaftsminister Michael Glos (CSU) der besseren Versorgung der Wirtschaft mit Krediten «Mit dem zusätzlichen Kapital kann die Commerzbank ihre Aufgabe besser erfüllen, die Wirtschaft mit Kapital zu versorgen, sagte Glos dem Handelsblatt (Freitagausgabe).
milanese
09.01.2009, 06:54
GOLD
Gold fell slightly on Friday as the dollar regained some ground against
the euro, with investors mostly taking a wait-and-see stance ahead of key U.S.
jobs data due later in the day.
As of 0301 GMT, spot gold stood at $853 per ounce, down 0.4 percent from
New York's notional close of $856.10.
milanese
09.01.2009, 06:56
REUTERS_TSMC, the world's biggest contract chip maker, posted a 55 percent annual fall in December sales on Friday, after a slowing global economy hurt demand for computers and an array of consumer gadgets. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) garnered unconsolidated sales
of T$13.2 billion ($399 million), down from T$29.12 billion a year ago, the company said.
Guten Morgen und erfolgreichen Tag @ ALL !
:-D
milanese
09.01.2009, 06:57
Taiwan stocks hit 2-wk closing low
milanese
09.01.2009, 06:57
Guten Morgen und erfolgreichen Tag @ ALL !
:-D
viel erfolg nach wien:-D:-D
milanese
09.01.2009, 07:01
Nach einer positiven Eroeffnung glitt der Index bis zur Mittagspause um 1% ins Minus ab, in der zweiten Handelshaelfte gab es daqnn ein auf und ab um die Nulllinie herum. Am Schluss ueberrwog dann die Vorsicht, immerhin stehen die US Jobdaten heute noch an, und das Wochenende vor der Tuer
Nikkei 225 1/9 - *close
8,836.80 - 39.62
Guten Morgen Nogger, Fredz, Tux, Sveni, Az, Azul, Bärenherz, BBT, blumenguru, blumenhexe, BS,, boersenreini, cash, Casia, Chewi, Coralle, cur$e, Diplo, Don, Element, emu, Erfolg, eula, Flowman Ford, Frechdax, Gatsby, geldgeil, Gert, hausner, heinri, jjooey, jovie, Kati, Kawa, Koko, Madona, Merlin, mh, milanese, Mikro, mo, partymonster, Phirefoo1980, Prä, Premium, RingRing, robert-1966, Rookie, Satan, schach_herby, slugger, sto, Timbert, tomboe, tomte, trend, trolli, vendetta, wstindl, Zitter, zocko und ALL:-D:-D:-D:-D:-D:-D:-D:-D:-D:-D
http://animation-gifs.business.t-online.de/charlie1.gif
Zauberer
09.01.2009, 07:03
guten morgen und liebe grüsse nach wien
Guten Morgen Nogger, Fredz, Tux, Sveni, Az, Azul, Bärenherz, BBT, blumenguru, blumenhexe, BS,, boersenreini, cash, Casia, Chewi, Coralle, cur$e, Diplo, Don, Element, emu, Erfolg, eula, Flowman Ford, Frechdax, Gatsby, geldgeil, Gert, hausner, heinri, jjooey, jovie, Kati, Kawa, Koko, Madona, Merlin, mh, milanese, Mikro, mo, partymonster, Phirefoo1980, Prä, Premium, RingRing, robert-1966, Rookie, Satan, schach_herby, slugger, sto, Timbert, tomboe, tomte, trend, trolli, vendetta, wstindl, Zitter, zocko und ALL:-D:-D:-D:-D:-D:-D:-D:-D:-D:-D
http://animation-gifs.business.t-online.de/charlie1.gif
milanese
09.01.2009, 07:04
Moody's reviews Honda rating for possible downgrade
Reuters
milanese
09.01.2009, 07:05
Guten Morgen ALL:-D:-D:-D:-D:-D:-D:-D:-D:-D:-D
ein kuess die hand genaedigste;-) nach wien und die besten wuensche:-D:-D:-D:-D
milanese
09.01.2009, 07:06
BNP PARIBAS
BNP Paribas expects to remain "comfortably" in profit in
2008 and 2009, its chief executive said on Thursday.
Baudoin Prot also told the BFM radio that the French bank
had won 200,000 new customers in 2008.
milanese
09.01.2009, 07:08
Bund entsendet zwei Vertreter in Commerzbank-Aufsichtsrat - HB
FRANKFURT (Dow Jones)--Der Bund möchte offenbar zwei Staatssekretäre in den Aufsichtsrat der Commerzbank entsenden. Das berichtet das "Handelsblatt" am Donnerstag unter Berufung auf "Regierungs- und Finanzkreise". Damit wolle er "die Geschäftspolitik der Bank direkt überwachen", schreibt die Zeitung. Am Donnerstag war bekannt gegeben worden, dass der Bund im Rahmen einer Kapitalerhöhung gut 25% an der Commerzbank erwirbt.
Ein Ziel der Beteiligung des Bundes sei, eine Übernahme der Commerzbank durch ausländische Anleger zu verhindern, erfuhr das Handelsblatt aus Regierungskreisen.
Webseiten: http://www.commerzbank.de http://www.handelsblatt.com
DJG/DJN/gei/cbr Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:31 ET (05:31 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 07:09
US-Verbraucherkredite im November mit Rekordrückgang
WASHINGTON (Dow Jones)--Die ausstehenden Kredite von US-Verbrauchern haben sich im November stärker verringert als erwartet. Sie sanken um 7,9 Mrd USD auf 2,571 Bill USD, wie die US-Notenbank Federal Reserve in der Nacht zum Freitag berichtete. Das war der stärkste Rückgang seit Beginn der Datenreihe im Januar 1943. Volkswirte hatten einen Rückgang von lediglich 1,0 Mrd USD prognostiziert.
Die ausstehenden Verbraucherkredite fielen den Angaben zufolge im November um 3,7% und damit so deutlich wie seit Januar 1998 nicht mehr. Im Oktober hatte sich der Betrag um revidiert 2,8 Mrd USD auf 2,579 Bill USD verringert, nachdem vorläufig ein Minus von 3,5 Mrd USD berichtet worden war.
Allerdings sind die Daten recht volatil und werden häufig revidiert. Der Rückgang im November wurde den Angaben zufolge von nicht-revolvierenden Krediten angeführt, die um 5,2 (Oktober: minus 2,8) Mrd USD sanken. Revolvierende Kredite, wie etwa über Kreditkarten, verringerten sich um 2,8 (plus 0,3) Mrd USD.
Webseite: http://www.federalerserve.gov
DJG/DJN/kth/ncs Besuchen Sie unsere neue Webseite http://www.dowjones.de
(END) Dow Jones Newswires
January 09, 2009 00:39 ET (05:39 GMT)
© 2009 Dow Jones & Company, Inc.
milanese
09.01.2009, 07:12
AIR FRANCE-KLM
Italian Prime Minister Silvio Berlusconi said on Thursday
talks between Alitalia and Air France-KLM are at a
very advanced stage, but if Lufthansa were to make a
good offer for the Italian carrier Alitalia would still consider
milanese
09.01.2009, 07:13
FUGRO
The Dutch engineering consultancy maintains its 2008
outlook, seeing a net profit of at least 275 million euros and
sales of about 2.1 billion euros.
F R E I T A G, 09.JANUAR 2009
Russland
Feiertag, Boerse geschlossen
Japan
06:00 Fruehindikatoren Nov.08
Deutschland
08:00 Insolvenzen Okt.08
08:00 Einzelhandelsumsatz Nov.08
08:00 Baupreisindex fuer Wohngebaeude Nov.08
12:00 Industrieproduktion Nov.08
Frankreich
08:45 Industrieproduktion Nov.08
12:00 Verbraucherpreise Nov.08
Schweden
09:30 Riksbank Sitzungsprotokoll
England
10:30 Industrieproduktion Nov.08
10:30 Erzeugerpreise Dez.08
Euroland
11:00 Einzelhandel Nov.08
USA
14:30 Arbeitslosenzahlen Dez.08
16:00 Lagerbestaende Grosshandel Nov.08
16:00 Umsaetze Grosshandel Nov.08
Canada
14:30 Baugenehmigungen Nov.08
europaeische Unternehmen – F R E I T A G, 09.JANUAR 2009
keine Termine bekannt
USA – VOR u. WAEHREND der BORSE AB 07:00 UHR MEZ - F R E I T A G, 09.JANUAR 2009
amica mature lifestyles inc ACC.TO N/A vorboerslich ab 07:00 MEZ
kb home KBH -1.19 vorboerslich ab 07:00 MEZ
USA – NACHBOERSLICH AB 22:00 UHR MEZ - F R E I T A G, 09.JANUAR 2009
keine Termine bekannt
USA – OHNE ZEITANGABEN - F R E I T A G, 09.JANUAR 2009
azz incorporated AZZ 0.81 keine Zeitinfo
northfield labs NFLD N/A keine Zeitinfo
the greenbrier companies GBX 0.15 keine Zeitinfo
milanese
09.01.2009, 07:15
Forex: Dollar Ticks Up, But At Risk On Jobs Data
Guten Morgen ALL:-D:-D:-D:-D:-D:-D:-D:-D:-D:-D
ein kuess die hand genaedigste;-) nach wien und die besten wuensche:-D:-D:-D:-D
Wünsch dem gnä´ Herrn einen wunderschönen, erfolgreichen Tag:-D:-D:-D:-D:-D
milanese
09.01.2009, 07:17
UBS Vice-Chairman Sergio Marchionne has decided to obtain part of its remuneration in shares. This is in addition to fixed shares already assigned to him.
Reuters
guten Morgääähn zusammen.
werde lehmann heute mal genauer ansehen.
der Meldung nach müsste da wieder Musik reinkommen....:roll:
milanese
09.01.2009, 07:20
Indian shares fall 3 pct; Satyam slumps51.4 percent at 19.40
rupees
Reuters
guten morgen und liebe grüsse nach wien
Guten Morgen Nogger, Fredz, Tux, Sveni, Az, Azul, Bärenherz, BBT, blumenguru, blumenhexe, BS,, boersenreini,
Schöne Grüsse nach Passau:-D:-D:-D
http://animation-gifs.business.t-online.de/lucy01.gif
milanese
09.01.2009, 07:21
Swiss Life Holding AG:
* Says sets squeeze out price for AWD at 30 euros per share
* Says cost of squeeze out to be about 38 million euros
milanese
09.01.2009, 07:22
HAMBURG/BÜDELSDORF (dpa-AFX) - Wegen des Verdachts verbotener
Insidergeschäfte muss sich der Vorstandsvorsitzende des Büdelsdorfer
Telekommunikations-Unternehmens freenet , Eckhard Spoerr, von heute an
vor dem Landgericht Hamburg verantworten. Angeklagt ist auch Finanzvorstand Axel
Krieger. Laut Anklage sollen die beiden Männer im Juli 2004 als Manager des
Hamburger Internet-Unternehmens freenet.de Aktien ihrer Firma im Wert von je
etwa 1,1 Millionen Euro verkauft haben, kurz bevor der Börsenkurs wegen der
Veröffentlichung eines negativen Geschäftsberichts einbrach. Freenet wies die
gegen Spoerr und Krieger erhobenen Vorwürfe als unbegründet zurück./DP/zb
milanese
09.01.2009, 07:23
DEUTSCHE BANK
Deutsche Bank is upbeat on the outlook for its exchange traded funds
(ETFs), known as db x-trackers, after net inflows of 12.01 billion euros ($16.3
billion) last year.