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Sep 15, 2011

Stocks & Markets in the News



http://s.marketwatch.com/public/resources/MWimages/MW-AM122_asia_s_MA_20110811195056.jpgAsia gets lift from new moves to help Europe Asian shares gain as investors cheer news of a plan by global central banks to help ease credit conditions in Europe.
36 min ago
A car carrying social activist Anna Hazare leaves Tihar jail in New Delhi in this August 19, 2011 file photo. What is unprecedented in India is the spontaneous middle-class anti-graft movement coalescing around Hazare, a former army soldier- turned-social activist, who has created an Indian
Mercedes-Benz: Made in India? Already pushing to become a hub for low-cost cars, some experts believe India could extend this to premium vehicles, but doubts hang over the country’s manufacturing expertise and potential.
9:08 p.m. Today
Effort to extend loan guarantees to fail: staffer A short-term extension of regulations seeking to allow the maximum size of loans guaranteed by Fannie Mae and Freddie Mac to remain at the current level of $729,750 is expected to fail, for now, a spokesman for a key legislator says.
6:42 p.m. Today
Mike Lazaridis, president and co-chief executive officer of Research in Motion, speaks at the RIM Blackberry developers conference in San Francisco, California September 27, 2010. REUTERS/Robert Galbraith (UNITED STATES - Tags: SCI TECH BUSINESS) - Reuters
RIM shares sink in after-hours action Research In Motion’s shares are hit hard Thursday evening after the BlackBerry maker’s quarterly results missed Wall Street’s projections.
6:07 p.m. Today
U.S. stocks surge into finish after ECB move U.S. stocks rise for the fourth day after the European Central Bank says it would work with other central banks in lending dollars to euro-area banks.
5:03 p.m. Today
Canadian stocks gain for third day on ECB move Canadian stocks extend gains for a third day, taking part in the global rally brought on as the European Central Bank move to supply U.S. dollars in coordination with other central banks.
4:54 p.m. Today
Marathon Oil sprints, Shell rebounds Move by central banks to auction off dollars lures investors to European oil stocks, while Marathon Oil leads gains in the NYSE Arca Oil Index.
4:50 p.m. Today
HCA puts tourniquet on plummeting shares A $1.5 billion repurchase program prompts double-digit percentage rally in shares of HCA Holdings
4:49 p.m. Today
Mexico stocks up on local growth, Europe outlook Mexican stocks rise Thursday, with the world’s top central banks pledging to provide commercial banks with additional dollar liquidity this year. Chilean stocks are higher ahead of expected interest-rate decision.
4:46 p.m. Today
Morgan Stanley boosts financials Shares of Morgan Stanley rally 7% to join Lincoln National atop the S&P 500
4:31 p.m. Today
 - Netflix Yahoo’s small gains, Netflix’s slide lead techs Shares of online movie provider slide into the red for the year. RIM results on deck after closing bell.
4:27 p.m. Today

Meet the next retailer heading to Oz, SA franchise laws pass lower house, Wal-Mart’s $20bn plan for female entrepreneurs: Smartcompany News & Analysis



smart company logo image 

Today on SmartCompany we look at the property-related domain name that sold for a record price at auction, extract the lessons from UBS’s $2 billion rogue trading disaster and look ahead to the arrival of Japanese retailer Uniqlo, the latest overseas retailer looking for a slice of the Australian market. Plus in Entrepreneur Watch James Thomson looks at Tony Abbott’s newfound love of SMEs.


How I
How I intend to use the carbon tax to boost my business
Cameron Wall and Conrad Bates from C3 Business Solutions reveal how they're cashing in on the carbon tax. BY PATRICK STAFFORD.
C3

Marketing Strategies
Understanding the buyer
When we study buyer behaviour we are interested in how individuals spend their money, time and effort. BY TOM MCKASKILL.
Marketing Strategies

Aunty B
Should I purchase my dream business?
Running your own boutique is akin to running a small business. You need a whole lot of skills. Have you got those skills?
Aunty B

Selling strategies
Trent Leyshan

Should you incentivise your salespeople with a healthy reward structure?
Trent Leyshan

Internet secrets
Craig Reardon
Search Engine Optimisation is undoubtedly the holy grail of low cost sales enquiries.
Craig Reardon

The Futurist
Colin Benjamin

The prospects of an early election, the carbon tax, mining tax and other dampeners will have to cease by the end of the year to give sales a chance to get going.
Colin Benjamin

Female Entrepreneur
Naomi Simson

Creating truly family-friendly workplaces is not simply a women's issue, it's a community issue.
Naomi Simson

Entrepreneur Watch
James Thomson

In the last month Tony Abbott seems to have spent a lot of time visiting SMEs. It’s let him look like a man of action. But what are his other motivations?
James Thomson

GATA: THE GATA DISPATCH: Gold Standard Institute letter includes Boulanger essay supporting GATA

Gold Standard Institute letter includes Boulanger essay supporting GATA

11:23a ET Thursday, September 15, 2011
Dear Friend of GATA and Gold:
Issue 9 of the Gold Standard Institute's newsletter includes an essay by market analyst Louis Boulanger supporting GATA's work. You can find the newsletter posted here:
http://www.goldstandardinstitute.net/GSI/wp-content/uploads/2010/06/TheG...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Japan stocks jump, with financials leading: Stocks and markets in the news, | MarketWatch




LOS ANGELES (MarketWatch) -- Japanese stocks followed their U.S. peers sharply higher Friday on news of coordinated central-bank action to help backstop European debt. The Nikkei Stock Average JP:NIK +1.54% rushed 1.5% higher in the early minutes to 8,797.75, while the broader Topix added 1.3% to 761.52. Financials helped lead the gains, as Japan's top bank Mitsubishi UFJ Financial Group Inc. JP:8306 +2.73% MTU +0.69% jumped 2.7%, broker Nomura Holdings Inc. JP:8604 +3.77% NRSCF -0.51% rose 3.4%, Dai-ichi Life Insurance Co. JP:8750 +2.46% DCNSF 0.00% added 3.3%, and Tokyo-listed shares of Citigroup Inc. JP:8710 +3.69% C +0.39% gained 4.5% after a 4.4% rise in the bank's U.S. shares

Treasury Sanctions Cocaine and Bulk Cash Trafficking Coordinator with Ties to Sinaloa Cartel Leader Chapo Guzman

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WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced the designation of Mexican national Alfredo Vasquez Hernandez (a.k.a. Alfredo Compadre) pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act) for providing support to and acting on behalf of the Sinaloa Cartel and its leader, Joaquin Guzman Loera (a.k.a.Chapo Guzman). 
 
“Alfredo Vasquez Hernandez has played a key role in Chapo Guzman’s drug trafficking and bulk cash smuggling operations,” said OFAC Director Adam J. Szubin. “Today’s designation of Chapo Guzman’s logistical coordinator increases the pressure on the Sinaloa Cartel and Chapo’s drug trafficking organization.”
 
As a result of today’s action, U.S. persons are prohibited from conducting financial or commercial transactions with the designees and any assets they may have under U.S. jurisdiction are frozen. 
 
A federal grand jury in the Northern District of Illinois indicted Vasquez Hernandez in August 2009 on two counts of conspiring to traffic drugs in an indictment targeting the Sinaloa Cartel and its leaders, Chapo Guzman and Ismael Zambada Garcia. The indictment charges Vasquez Hernandez and others with conspiring to import cocaine and heroin into the United States. Specifically, the indictment describes Vasquez Hernandez as the logistical coordinator of the importation of multi-ton quantities of cocaine from Mexico and South and Central American countries into the United States, and of deliveries of bulk currency from the United States to Mexico to Chapo Guzman. Mexican authorities arrested Vasquez Hernandez in January 2011. His extradition to the United States is currently pending.
 
OFAC worked closely with the Drug Enforcement Administration (DEA), in particular, the DEA Chicago Field Division and the DEA Los Angeles High Intensity Drug Trafficking Area/Southern California Drug Task Force on this investigation. 
 
Today’s action is part of ongoing efforts pursuant to the Kingpin Act to apply financial measures against significant foreign narcotics traffickers worldwide. Internationally, more than 1,000 individuals and entities linked to drug kingpins named by the President and OFAC have been designated pursuant to the Kingpin Act since June 2000. 
 
Penalties for violations of the Kingpin Act range from civil penalties of up to $1.075 million per violation to more severe criminal penalties. Criminal penalties for corporate officers may include up to 30 years in prison and fines up to $5 million. Criminal fines for corporations may reach $10 million. Other individuals face up to 10 years in prison and fines pursuant to Title 18 of the United States Code for criminal violations of the Kingpin Act.
 
To view a chart of the Alfredo Vasquez Hernandez trafficking organization, click here.

Treasury Sanctions Cocaine and Bulk Cash Trafficking Coordinator with Ties to Sinaloa Cartel Leader Chapo Guzman

Dollar costs nation 90,000 jobs: The Australian Business Briefing


Dollar costs nation 90,000 jobs
Cash David Uren, economics correspondent INDUSTRIES trying to win exports or fend off imports have shed 90,000 jobs in the past three months
 
Potential buyers size up Yahoo
aus bus pix Yahoo Amir Efrati and Joann Lublin YAHOO has been contacted by potential bidders for some or all of the internet company,  people familiar with the matter say.
 
Optus in smartphone battle
Optus strikes back in the smartphone battle Mitchell Bingemann OPTUS has signalled a major upgrade to its mobile network to support its customers' explosive hunger for smartphones.
 
Shares drop as RIM disappoints
110916 Blackberry Carolyn King SHARES in Blackberry maker Research in Motion plunged 11 per cent after its quarterly results missed market expectations.
 
Myer warns of profit slump
Brookes warns of 10pc profit fall as sales flatten Blair Speedy MYER chief Bernie Brookes warns profit could fall by 10 per cent as consumers keep a tight rein on spending.
 
Financial Markets
Wall St jumps on funding pledge
Wall St Brendan Conway US stocks notched a fourth-straight gain after a pledge by central banks to pump dollars into the European banking system.
 
Gold price falls below $US1800
Copper climbs on bank funding
 
Financial Markets Coverage

Gillard targets factions, ALP revitalisation: The Australian Capital Circle

Capital Circle Newsletter
Gillard targets factions, ALP revitalisation
 
As Julia Gillard calls for the ALP to re-invent itself, Malaysia says the refugee swap deal should go ahead.

Julia Gillard is in Canberra. She'll deliver a speech at an event hosted by the Chifley Research Centre at Old Parliament House from 10.30am. The event will be webcast and linked to a Twitter chat, and will be followed by a Q and A session afterwards.
In the speech, the PM will: attack the dominance of Labor's factions by proposing to broaden the party's base through online memberships and trialling US-style primaries to choose candidates. The Prime Minister will also ask party officials to recruit 8000 members a year - double the current rate - and adopt issue-based campaigning in the style of activist group GetUp! to reconnect with the community. (report)
Tony Abbott made his weekly appearance on the Today show this morning. Ahead of a briefing from government officials on amendments to the Migration Act in Melbourne this afternoon, Mr Abbott signalled he was unlikely to back Labor's legislation. "Julia Gillard has alliance partners, she should be asking Bob Brown to support her policy,'' he said."This is not about Nauru, they could have had Nauru at any time ... This is not about the principle of offshore processing, this is about Malaysia."
Across the shows: Australian Agenda will feature Opposition Treasury spokesman Joe Hockey with Peter Van Onselen, Paul Kelly and Jennifer Hewett. Mr Hockey will be followed by The Australian's media editor Stephen Brook talking about the media inquiry.
On Meet the Press, Greens leader Bob Brown will be grilled by Jessica Irvine, Glenn Milne and host Paul Bongiorno. Former Liberal Senator Amanda Vanstone is the second guest.
Diary: A Senate committee is inquiring into a carbon tax in the main committee room. today. Another hearing into interactive and online gambling and gambling advertising will get under way from 9am.And from 9.30am a public hearing into the Native Title Amendment (Reform) Bill 2011gets under way.
***
Read more...

The No. 1 Trait of Visionary Business Leaders: bBNET Report


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The No. 1 Trait of Visionary Business Leaders

Consistency isn't enough. Here's what Steve Jobs' and others do that sets them apart. Read Mor

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