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murchr
#3811 Posted : Friday, July 19, 2013 6:16:01 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Quote:
The parent company of American Airlines, on the brink of merging with US Airways, posted a $220 million profit in the second quarter of the year.

It was the first time the company has posted a second-quarter net profit in six years, and the profit comes as the airline enters the final stages of closing a deal with US Airways that will make the newly combined carrier the largest in the world......"Overall, the $220 million net profit was absolutely driven by significant reductions in expenses year over year, with the largest being labor costs,'' Schorr said, adding that fuel costs were also down in the second quarter vs. that period last year


http://www.usatoday.com/...llion-q2-profit/2524767/
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
maka
#3812 Posted : Friday, July 19, 2013 9:32:11 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
July 18 (Reuters) - The following bids,
mergers, acquisitions and disposals
were reported by 2000 GMT on
Thursday:
** Nigeria's Guaranty Trust Bank said
it has reached an agreement to
acquire a 70 percent stake in Kenya's
Fina Bank Limited for $100 million.
possunt quia posse videntur
murchr
#3813 Posted : Friday, July 19, 2013 5:56:18 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980


The GDP of Detroit is larger than that of any country in Africa apart from South Africa.

Debt of $18Billion

Detroit failed because....
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
maka
#3814 Posted : Friday, July 19, 2013 5:56:37 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
July 18 (Reuters) - The following bids,
mergers, acquisitions and disposals
were reported by 2000 GMT on
Thursday:
** Nigeria's Guaranty Trust Bank said
it has reached an agreement to
acquire a 70 percent stake in Kenya's
Fina Bank Limited for $100 million.


http://www.garp.org/risk...;utm_campaign=NEWSLETTER
possunt quia posse videntur
youcan'tstopusnow
#3815 Posted : Friday, July 19, 2013 7:32:47 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
murchr wrote:


The GDP of Detroit is larger than that of any country in Africa apart from South Africa.

Debt of $18Billion

Detroit failed because....

Hoping our counties will exercise fiscal prudence.
GOD BLESS YOUR LIFE
youcan'tstopusnow
#3816 Posted : Friday, July 19, 2013 9:32:13 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Batista, the world’s eighth-richest person in March 2012, lost more than $30 billion of his fortune after failure to meet output targets led to a selloff of shares in his energy, commodities and cargo companies. GE wrote down its 2012 investment in Batista’s EBX Group Co. in the second quarter, Chief Executive Officer Jeffrey Immelt said on a conference call today. Batista vowed to pay back all his debts.

“I will honor all of my obligations,” Batista said. “I won’t leave a single penny unpaid for each one of my debts.”
Bonds and Shares

OGX’s $2.56 billion of 2018 bonds gained 3.35 cents to the dollar at 15.5 cents to yield 74 percent. Shares of OGX fell 2 percent to 49 centavos at 11:31 a.m. in Sao Paulo, extending its plunge this year to 89 percent.

Batista said he regrets taking his companies public, adding he “believes” in OGX and continues to invest in the explorer.

http://www.bloomberg.com...-blame-to-auditors.html
GOD BLESS YOUR LIFE
hisah
#3817 Posted : Sunday, July 21, 2013 5:13:35 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
UNIQUL - Machine inspired by magic


http://www.huffingtonpos...dit-card_n_3624752.html

Religious quarters will definitely have issues with this spooked by the end time events...

Anyway there are other apps that also use facial recognition to turn your face into a credit card e.g. KeyLemon and FastAccess Anywhere
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3818 Posted : Sunday, July 21, 2013 5:25:24 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
When a former president gets concerned... http://translate.googleu...npqczwJMH3_ZxTmxbAVmGf0Q
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3819 Posted : Friday, July 26, 2013 8:52:24 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Banks using Enron commodity model - http://www.bloomberg.com...ty-model-face-risk.html

CFTC and DoJ open probe on the metal warehouses - http://www.reuters.com/a...96L0CY20130722?irpc=932

JP Morgans metal stock at all time low...

A fan will get hit at the ceiling...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3820 Posted : Friday, July 26, 2013 1:39:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
U.S. indicts hackers in biggest cyber fraud case in history - http://www.reuters.com/a...s-idUSBRE96O0RI20130726

Quote:
Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $300 million and two of the suspects are in custody, in the biggest cyber crime case filed in U.S. history.

"There is an enormous shadow economy that exists in Eastern Europe. In some countries, sophisticated hackers are seen as national assets," he said.


Will be hard to deal with those hardcore cyber criminals from Eastern Europe...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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