According to analyst Steven DeSanctis, the head of US small-cap strategy at Bank of America Merrill Lynch Global Research in New York, it may be a good time to invest in small-cap technology companies. Due to cheap valuations and conservative earnings estimates, small-cap tech companies are now more attractive investments, especially after being handicapped by… Continue Reading
Meteorologically speaking, spring is usually a welcome relief from cold, dark winter. However on the economic front, at least this year, there is a fear that this spring will bring the US economy back to the dreary days of last year’s recession, which this winter showed signs of recovery. As Christine Lagarde, the managing director… Continue Reading
Investor concern regarding the ongoing debt crisis and slow economic growth is likely to increase now that oil prices have reached $103 per barrel in Asia. June delivery’s benchmark oil had fallen 13 cents to $102.98 a barrel on the New York Mercantile Exchange, and the contract later fell 77 cents to $103.11. Meanwhile, Brent… Continue Reading
According to a quarterly survey conducted by The Business Roundtable, a group of CEO’s of firms whose combined yearly revenues come to more than $6 trillion, there is a perception of improved movement of the economic recovery, including plans of increased hiring. This improved optimism comes despite fears of a continuing recession in Europe. The… Continue Reading
Moody’s Investors Service recently revealed that Apple Inc., the most valuable business on the planet, collected $1.24 trillion in cash in 2011. This figure sets Apple ahead of most U.S. companies as concerns of a recession and credit crisis slowly begin to disperse. Moody’s analysts added that though revenue and cash flow have been increasing… Continue Reading
Premier Wen Jiabao has lowered China’s 2012 growth target to 7.5%. The move affects Australia, Brazil, the Middle East and others by implying that the recent expansion surge is drawing to a close as the country’s leaders reach a slow-growth comfort zone. In other words, China has no intention to continue stimulating the economy, but… Continue Reading
European stocks are maintaining a six-month high, rising for a fourth day as China takes action to boost growth and EU officials work on another Greek bailout. TNT Express increased by an impressive 60% after turning down a significant offer from United Parcel Service, while TNT shareholder PostNL climbed 50% as well. Meanwhile, the Stoxx… Continue Reading
If we use the past to predict the future, then there may be cause for concern as we watch the cost of gasoline continue to climb. The upward movement of gas prices can’t help but remind us of a similar scenario, when early in 2011 the political turmoil in the Middle East caused oil prices… Continue Reading
Senior Care Medicine and related technology have changed the senior world today; Americans are living longer and more independently as they age. Still, mobility and daily tasks can be difficult, and so businesses and services in the senior care industry are booming. Health and Wellness Whether it’s a fitness center or a healthy salad bar,… Continue Reading
In spite of the lagging global economy, analysts believe that India could experience economic growth to the tune of 8% in the coming fiscal year. A leading government panel in India is looking at Indian growth with an optimistic eye even though Asia’s third largest market lost some of its momentum as a response to… Continue Reading