NEW YORK (Xinhua) – Bank of America (BOA) announced Monday to sell roughly 13.1 billion common shares of China Construction Bank Corporation (CCB) to generate approximately 8.3 billion dollars of cash.
The sale accounted for about half of BOA’s current hold of CCB’s shares.
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My news for Investors
VANCOUVER, British Columbia, Aug. 12, 2011 /PRNewswire-Asia/ — Insiderslab.com has issued Equity Research for the following companies today: Schlumberger (NYSE: SLB), Chesapeake (NYSE: CHK), Broadcom (NASDAQ: BRCM), Mylan (NASDAQ: MYL), Huntington Bancshares (NASDAQ: HBAN) NASDAQ (NASDAQ: NDAQ).
(Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO )
Insider trading is a unique indicator that can provide information about the happenings within a publicly traded stock. The SEC requires that insiders file all insider trades within a certain time period and while this information is completely public, many retail investors don’t understand the importance of these trades. Insiderslab.com monitors insider trading activity and issues analytical research reports to pools of investors, so they may be in a better position to make more informed investment decisions.
Want to know how to trade like an insider? Visit www.insiderslab.com for a free video training course on stock investing and choosing the best dividend stocks based on legal insider trading.
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Schlumberger Limited. (NYSE: SLB): Large Open-market Purchase made by company Director - Michael Marks on Aug 11th, at stock price (US$74.60). Disclose date: Aug 11th. Read Full Report: http://www.insiderslab.com/PR2/081211B/SLB/Schlumberger.pdf
Chesapeake Energy Corporation (NYSE: CHK): Large Open-market Purchase made by company Lead Independent Director - Merrill Miller on Aug 9th, at stock price (US$28.10). Disclose date: Aug 11th. Read Full Report: http://www.insiderslab.com/PR2/081211B/CHK/Chesapeake.pdf
Broadcom Corporation (NASDAQ: BRCM): Large Open-market Sale made by company Executive Vice President Managing Director - Rajiv Ramaswami on Aug 10th, at stock
Article source: here
My news for Investors
– 3G capacity added to more than 65 local cell sites this year, 650+ region wide
– Additional capacity needed to meet growing demand for wireless data
– Tablets, smartphones, personal wireless hotspots changing the way people use wireless service
SYRACUSE, N.Y., July 22, 2011 /PRNewswire/ — Even as it rolls out 4G LTE technology across Upstate New York and the rest of the country, Verizon Wireless continues to invest in its local 3G network. The company announced today it has significantly increased 3G wireless broadband capacity on its Syracuse-area network. The additional capacity, added to more than 65 local cell sites since the beginning of the year, helps the company stay ahead of the growing demand for wireless data spurred by the rapid adoption of tablet devices, smartphones, personal wireless hotspots, and other 3G data devices. The company added 3G capacity to more than 650 cell sites across Upstate New York in the first half of the year.
“As wireless service evolves, for the first time, our customers are using their devices more for data services than for voice calls,” said Russ Preite, president of Verizon Wireless’ Upstate New York Region. “As that trend continues, we need to increase our local network capacity to meet the increased demand. We’re committed to enhancing and maintaining our 3G network superiority for years to come, even as we deploy 4G LTE technology across the country.”
This network expansion is part of the company’s aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless’ voice and data services. The company has invested more than $65 billion nationwide since it was formed – $6 billion on average every year – and invested more than $125 million in Upstate New York in 2010.
In addition to ongoing investment in its 3G network, Verizon Wireless recently began rolling out its 4G LTE network nationwide. As of July 21, 4G LTE is available in 102 metro markets, including Rochester and the New York City area. The company recently announced it will launch 4G LTE in Albany, Syracuse and Ithaca later this year. Full nationwide 4G LTE deployment is scheduled to be complete by the end of 2013.
“We’ve always believed even the most advanced device is only as good as the network it runs on.
Article source: here
The global fashion and lifestyle channel Fashion TV, founded by Michel Adam Lisowski, was listed on the Frankfurt Stock Exchange on 30th April 2010 and now offers an interesting opportunity for qualified investors.
The dynamic growth of FTV in recent years has generated great interest among investors wishing to be a part of the success story. On behalf of owner Michel Adam Lisowski, CEO Yaron Jakubowicz therefore restructured the business in order to prepare it for a stock market listing. The listing on the Open Market of the Frankfurt Exchange took place on 30th April 2010 and a total of 5,257,260 shares in the company are now approved for trading by qualified investors.
BPO (Business Process Outsourcing) industry is a growing industry since then. It has a record of 46 % growth since 2006. BPO offers many job opportunities to the Filipino people and contributes in economy growth.
How Philippines money value has an effect on the BPO industry? Experts says that besides of being good of the workforce, the Peso value and wage rates are some of the factors affecting the investors in making this kind of business in the country. Low salary rate will lessen their operational expense moreover; the money rate is a much big factor with this.
The rate is between the ranges of 45.00 to 48:00 Pesos when you convert it to $1.00. Just imagine the amount difference. That is why operating a business in our country is much cheaper than in US or Canada. 1 dollar is worthier here in our country and in every way business operations needs much money for various operational expenses such as the renting or buying of space for your office locations, office supplies and equipments, telephone lines, business permits and licensure and many more. Those things needed to spend or buy in the country and they will be using Peso value when they acquire those requirements.
Some economists says that stronger peso value can effect the BPO industry for investors will be having second thought having a business here in our country if the Philippine money value appreciated versus the dollar regardless of having good worker in the field. The tendency is to go for the country with much low money value.
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