Research In Motion’s Margins Are Moving in the Wrong Direction
Research In Motion (RIMM) will be reporting its third fiscal quarter after the close tonight. Most of The Street is expecting the results to be in-line with prior guidance and I have no reason to believe that that will not be the case.
However, investors need to make a realistic assessment of Research In Motion’s future. [...]
Government Reconsiders Quick Sale of Citigroup Stake
Just when Vikram S. Pandit thought he was out, Washington is pulling him back in.
Two days after Mr. Pandit trumpeted news that Citigroup would start untangling itself from the federal government, his bank stumbled — this time, on Wall Street. Badly misreading the financial markets, the company struggled on Wednesday to raise the money it [...]
The Fed will hike rates — in 2011
It appears 0% is here for the foreseeable future.
A year ago, the Federal Reserve took its key overnight lending rate, the fed funds rate, down to near 0% for the first time in its history in an effort to keep the economy from falling into depression.
The cheap money meant lower rates for consumers on credit [...]
Globalive to launch mobile phone service in Canada
TORONTO (AP) — The Canadian government said Friday that it has approved a request from Egyptian-backed telecom Globalive Wireless Management Corp. to launch its mobile phone service in Canada.
It will be the fourth major wireless company serving Canada, competing with Rogers Communications Inc., BCE Inc. and Telus Corp.
Industry Minister Tony Clement said the federal cabinet [...]
The 60 Most Promising Chinese Companies
Hong Kong-based The Asset magazine recently published a list of the most promising Chinese companies. According to their study, these companies have the potential to rise from national/regional leaders into global champions.
The list was compiled from among the 300 companies that are mainly listed on the Hong Kong Stock Exchange based on a survey conducted [...]