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Results for losses. Search took 0.08 seconds.
Beware the China bubble
in Sox First, on June 29, 2009
...stem continues to function largely without a glitch, but Fitch is growing increasingly wary. Future losses on stimulus could turn out to be larger than expected, and it is unclear what share the centr...
Another Way to Save on Car Insurance
in The Personal Finance Weblog, on June 27, 2009
...ligations in the event of an accident, or of a loss. The insurer rates each customer for potential losses and then charges accordingly. You, of course, want to keep your perceived risk as low as possi...
Bankers' pay soars despite crisis
in Sox First, on June 22, 2009
...g their old employer for their bonuses totaling nearly $20 million , despite their unit making huge losses and despite Dresdner being sold to Commerzbank as part of a rescue package put together by th...
Does Obama's patchwork overhaul go far enough?
in Sox First, on June 18, 2009
...cial system. The changes also force financial services firms to carry more capital to guard against losses. They will also have to retain a portion of the loans they package and sell. Another move wil...
The slow recovery
in Sox First, on June 16, 2009
...uters reports analysts saying that Bank of America Corp is experiencing "horrific" loan losses and may set aside $46 billion in loan loss provisions this year. There might be a recovery n...
Coke Redefines Business Intelligence with RFID based Freestyle Drink Dispenser
in The RFID Weblog, on June 9, 2009
...ising of new drinks for several years and which are taken off the shelf only when they fail costing losses worth millions of dollars.
If the pilot proves successful then Coca Cola will be savings mil...
Banks fight to keep accounting tricks
in Sox First, on June 6, 2009
...As a result, the banks were making a whole bunch of bad loans banks with no adequate buffer against losses. But the banks are fighting back. The Wall Street Journal reports that the bank are trying...
Sony to reduce the number of suppliers to half
in Supplychainer, on May 23, 2009
...ements are clear: This year, the electronics unit is expected to post a second consecutive year of losses. The financial crisis has eviscerated global demand for consumer electronics and a strong yen...
Downturn easing without recovery
in Sox First, on May 12, 2009
...m might be near but we are a long way off from having a robust recovery and that we can expect more losses. "The American government ... is betting on muddling through: the Fed's measures and...
Credit card losses to hit banks
in Sox First, on May 11, 2009
...ive practices is likely to turn into a sideshow when you take a look at the impact that credit card losses will have on the US economy and US banks. Credit card debt is the ticking time bomb for bank...
No recovery yet
in Sox First, on May 8, 2009
... while The Wall Street Journal says the economy might be finding its footing with the pace of job losses tapering off, it's important to remember that payrolls have fallen by 5.7 million since D...
I never thought it would get this bad: Rupert Murdoch
in Sox First, on May 6, 2009
...
Rupert Murdoch's News Corp has announced massive losses , and they come before the market imploded and advertising revenues dried up following the Lehman Brothers collapse. And that's a w...
Buffett says newspapers have no future
in Sox First, on May 4, 2009
...pers are going the way of the horse and buggy. "They have the possibility of going to unending losses. They were essential to the public 20 years ago. Their pricing power was essential with custo...
Fox says no to Obama
in Sox First, on April 29, 2009
...olumes have evaporated with the recession and that Fox owner News Corporation has reported massive losses . Then again, maybe both explanations are right....
Is all this free sustainable?
in The CIO Weblog, on April 16, 2009
...y or may not recall, Amazon burned money like kindling for the early years of its existence, taking losses quarter after quarter despite significant skepticism, fueled by the conviction of Bezos and h...
Is the US becoming like Russia?
in Sox First, on April 15, 2009
...t is one of the points on which the right and the left agree. They are right. Bankruptcy - and so losses for unsecured creditors - must be a part of any durable solution. Without that change, the reso...
The great economic cover up
in Sox First, on April 10, 2009
...#39;s our current system," Black says. "So stop that current system. We're hiding the losses, instead of trying to find out the real losses. Stop that, because you need good information ...
Airlines in tailspin
in Sox First, on April 9, 2009
The airline industry goes from bad to worse. A crumbling global economy means fewer seats on planes declining profits for the world's biggest airlines. More details here .The big problem lies in their fixed costs. As Morningstar analyst Basili Alukos told reporters , it's a high fixed...
Giving banks permission to lie
in Sox First, on April 4, 2009
... no one wants to buy. And that is very dangerous because when the banks eventually do collapse, the losses will be so much greater. All you are doing is pretending that bad bank assets are merely &quo...
Car chiefs in the gun
in Sox First, on March 30, 2009
...takes to turn GM around. Particularly given that in his nine years at the helm, GM had made massive losses and given up its market share. It coincides with the Obama administration raising the bar for...
Why Geithner's plan won't work
in Sox First, on March 23, 2009
...e directly purchase the assets from banks that are still operating and assume a larger share of the losses," Geithner writes. "Our approach shares risk with the private sector, efficiently l...
Squeezing accounting independence
in Sox First, on March 18, 2009
... on the International Accounting Standards Board to change the rules and let the banks hide their losses. The trouble is the IASB has already compromised its independence and could very well cave in...
A More Pessimistic View of Outsourcing
in The Outsourcing Weblog, on March 2, 2009
...ect that service providers will be seeing robust gains while their customers are seeing substantial losses. Also, it is important to remember that an outsourced worker is still more expensive than a l...
Tough Times for Vonage
in The VoIP Weblog, on February 28, 2009
Vonage had a rough Q4 2008 - although revenue increased by 3 percent, the company's net loss increased to $41 million, and subscriber numbers decreased by 14,700.
"Wait, wasn't VoIP supposed the change the world and cripple the Bells?" asks AllThingsD's Eric Savitz ....
Blind over-optimistic analysts
in Sox First, on February 27, 2009
...rigor to fix the diabolical problems. Unemployment, for example, drives expectations of future loan losses. And yet macroeconomic assumptions for the test only go out to 2010. Trouble is the banks hav...
Citigroup - first National Bank?
in Sox First, on February 23, 2009
...ould assess whether they would have enough capital necessary to continue lending and to absorb more losses. So what to make of this? It's not clear whether this has been leaked to the WSJ as a wa...
Making Adjustments On Your Household Budget
in The Personal Finance Weblog, on February 18, 2009
...money than you thought was being used carelessly. A budget will help you minimize those unnecessary losses if you seek to keep it going. For most people, saving money is no accident - it must be plann...
GM and Chrysler's begging bowl
in Sox First, on February 18, 2009
...as been most severe in the U.S. and Western Europe, automakers around the world are reporting large losses, with many seeking government assistance to weather the downturn. Following the steep decline...
Pioneer Bow Out
in The Digital TV Weblog, on February 15, 2009
...This has got to be one of the largest losses to the electronics industry; Pioneer has officially announced that it is bowing out of TV production after March 2010. If you are just a casual reader ...
Banks are insolvent
in Sox First, on February 13, 2009
...n School of Business professor of economics Nouriel Roubini, Dr Doom himself, has warned that total losses on loans by American financial firms and their falling value will reach $3.6 trillion. That&#...
How the Recession is Shaping Up
in Biz Plan Hacks, on February 12, 2009
... A few days ago I looked at job losses in this recession and talked about the difficult task of predicting sales. I used a chart from the Bureau of Labor Statistics that showed real job losses in the...
US unemployment gets worse
in Sox First, on February 6, 2009
...na (9.5%) and California (9.3%). As MarketWatch points out, The Optimists would say that job losses and jobless claims typically peak before a recovery. That's very true. Trouble is no-one ...
The Screws Tighten
in Eagle Par Birdie, on February 6, 2009
598,000. That's the number of jobs lost in the first month of 2009 in the United States.
It exceeds the number lost in December and matches the number of jobs lost in November of last year.
I said a few months back that 2009 would be a brutal year for the golf industry and that golfers ...
Russian Investments and Hedge Funds
in The Hedge Funds Weblog, on February 3, 2009
...ns over the medium term, and one of the most important aspects of that is to protect against severe losses in times of crisis."
Their flagship fund, Pharos Russia Fund, has been the most resilie...
"NEC" To Cut 20,000 Jobs
in Exclusive from our news room , on January 31, 2009
...but the job cuts continue to be announced as if it was a mid-week day in the workplace. The NEC job losses will affect the company's worldwide operations.
A bit earlier Kodak announced the layoff...
Wall Street bonus time, despite recession
in Sox First, on January 29, 2009
... recession has not hurt the bankers. Not one bit. The New York Times reports that despite all the losses and taxpayer-funded bailouts, financial companies in New York collected an estimated $18.4 bi...
Wall Street to Obama: the banks are insolvent
in Sox First, on January 21, 2009
...at the US banks are effectively insolvent. He has told told a conference in Dubai that US financial losses from the credit crisis may reach $3.6 trillion. "It means the US banking system is effec...
FAS 157: Is it Killing Investment?
in Bizinformer, on January 19, 2009
...cise numbers. A couple of sources I looked at actually blamed FAS 157 for the size of recent bank losses. They said that FAS 157 made the investment institutions raise the book value of investments ...
The big accounting issues for 2009
in Sox First, on January 16, 2009
...The second big issue to watch out for is the defined benefit pension. This was hit hard by enormous losses in 2008. It warns that liabilities for underfunded plans will increase significantly this yea...
4 Crisis Related Suicides (Report)
in The Hedge Funds Weblog, on January 7, 2009
...fice last month, swallowed sleeping pills and slashed his wrists with a craft knife. He was facing losses from investing with the alleged fraudster Bernard Madoff. His family said that his suicide was...
The relational company
in Sox First, on January 5, 2009
...n an insolvency, shareholders would be obliged to make a limited contribution to the creditors' losses. Shareholders would be required to attend a minimum number of meetings, and to encourage long...
Fair value blow for banks
in Sox First, on January 1, 2009
... said. "Rather, bank failures in the U.S. appeared to be the result of growing probable credit losses, concerns about asset quality, and, in certain cases, eroding lender and investor confidence....
The year ahead: what to expect?
in Sox First, on December 31, 2008
...er colleague Steve Bartholomeusz says 2009 will feel worse, certainly in the first half with more losses, more capital raisings, more government bailouts and more credit-rationing. The global system...
Microsoft to cut 10% of its workforce
in Sox First, on December 24, 2008
... and PC sell like hot cakes over Christmas. But with the United States in recession and growing job losses, holiday sales are projected to plummet big time and retailers are discounting heavily. The...
The Madoff scandal: now for the auditors
in Sox First, on December 23, 2008
... what they say appears to be at least a 30-year scheme that may have caused at least $50 billion in losses. They are seeking information from the accounting firm that handled Mr. Madoff's audits f...
Will there be more Madoffs?
in Sox First, on December 16, 2008
...orld of predominately older, less flashy investors, there is not just shock and panic over the huge losses inflicted by Mr Madoff's colossal swindle. There is a profound sense of betrayal. To many...
China: from inflation to deflation
in Sox First, on December 11, 2008
...erial costs for manufacturers. But the real danger is that this will reduce margins and lead to job losses, and that would be a complete disaster...
Fixing broken boards
in Sox First, on December 8, 2008
...n an insolvency, shareholders would be obliged to make a limited contribution to the creditors' losses. Shareholders would be required to attend a minimum number of meetings, and to encourage long...
Will Obama's job plan work?
in Sox First, on December 7, 2008
...ghten their belts even further. Even if they have a full-time job, they're witnessing these job losses or hourly declines all around them and wondering if their job could be next on the chopping b...
The no surprise recession
in Sox First, on December 2, 2008
...ng likely will continue to be depressed by the declines to date in household wealth, cumulating job losses, weak consumer confidence, and a lack of credit availability."
...
Rubin's self-serving "innocence"
in Sox First, on December 1, 2008
... debt obligations, instruments tied to mortgages and other debt that led to many of Citigroup's losses. "Mr. Rubin said the decision to increase risk followed a presentation to the board by ...
Shopping malls crunched
in Sox First, on November 28, 2008
...lected from rents. If one store closes, customers are less attracted to the center overall, and the losses can snowball. Whereas in previous years it was easy to find new tenants, now they are scarce....
Citi slickers
in Sox First, on November 25, 2008
...s have government agencies taking $27 billion of preferred shares in Citi, while agreeing to absorb losses above $29 billion on $306 billion of the bank's assets. Nowhere $3 trillion, so what'...
$40 Billion Withdrawn from Hedge Funds
in The Hedge Funds Weblog, on November 24, 2008
... President of Hedge Fund Research. "The industry has now registered five consecutive months of losses, another inauspicious first. Consolidation is likely to continue into 2009 as investors acros...
Tim Geithner: crisis manager
in Sox First, on November 22, 2008
...rowth, have all worked to lower expected future volatility and risk premia. The reduction in credit losses and in realized volatility has created room for institutions to take greater risk without sho...
Going Broke Going For Broke
in Eagle Par Birdie, on November 22, 2008
..., bankers and governments (consider what China is facing in mass factory closings, rioting over job losses and escalating unemployment).
I'm sorry, Mr. Bailey, but that project in San Antonio is ...
Cheap oil and global risk
in Sox First, on November 21, 2008
...er countries. Big companies are now scaling back multi-billion projects, which means potential job losses and low growth. Here's a list . Cheap oil might also have an impact on a geo-political ...
US market: it's back to 1997
in Sox First, on November 21, 2008
...unging to the lowest level since 1997. Bloomberg says the collapse comes as writedowns and credit losses stemming from the collapse of the subprime mortgage market reaches $965 billion. And it's...
Automakers heading nowhere
in Sox First, on November 19, 2008
...urmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check." Paul Craig Roberts at the Locust Blog make...
Accounting regulators protecting banks
in Sox First, on November 6, 2008
...rants using fair value accounting. What that means is that banks won't have to report potential losses if the market value of the instruments decline. It's a neat little trick called reclassif...
Tough Times Ahead
in Eagle Par Birdie, on November 2, 2008
...o one is interested - or able - to buy anything.
Supply outstrips demand. Falling prices mean job losses. Job losses mean consumers in America can't afford to buy anything. Prices fall more. Mor...
Hedge funds pummelled by Porsche and VW
in Sox First, on October 30, 2008
...
There is a wonderful irony in the way hedge funds now are up for billions of dollars in losses after making a wrong bet on Germany's Volkswagen. As The Wall Street Journal tells us, they bet...
Hedge Funds in India
in The Hedge Funds Weblog, on October 28, 2008
...ain, the finger of blame once again pointed to leveraged hedge funds, which are trying to cut their losses and run.
But some global fund managers and hedge fund officials maintain the crash was acce...
EMI lose overall, yet win digitally...
in Digital Music - The Future, on October 27, 2008
...e spelling doom and gloom for everyone around the world, it is no suprise to see EMI suffering huge losses this year, over £750million (1.2~billion USD). Physical sales were down 28% over the year...y...
Britain to enter a worse recession than the US
in Sox First, on October 22, 2008
...of the beginning because credit will continue to contract and there are warnings banks are facing losses of at least $1 trillion. And the reality is that no-one knows where and when this will end. ...
Warning signs for Amex: shares up
in Sox First, on October 21, 2008
...Consolidated revenues were up only 3%. But the big red flag lies in the consolidated provisions for losses. "Consolidated provisions for losses increased 51% versus last year...Provisions rose p...
The "R" word highlighted - the worst since 1982
in Sox First, on October 20, 2008
...are looking at a tsunami of corporate defaults. And if that happens, the banks face another wave of losses....
GlobeOp Clients Mitigate Lehman Losses
in The Hedge Funds Weblog, on October 16, 2008
In a HedgeCo story , hedge fund provider GlobeOp Financial Services S.A. published its Interim Management Statement covering the period since 30 June 2008. As a group, GlobeOp's clients appear to have out-performed the industry.
In the three months prior to Lehman Brothers insolvency, Glob...
Hedge fund implosion
in Sox First, on October 16, 2008
JP Morgan chief Jamie Dimon summed it up well: "If you are not fearful, you're crazy." And that sound you hear, with the Dow Jones suffering its biggest drop since 1987 , is hedge funds going down the drain. Way too much leverage and the whole thing has the whiff of forced ...
Markets and the destruction of wealth
in Sox First, on October 10, 2008
...and panic have gripped the world's markets. On Friday, Wall Street continued its plunge , with losses for the year reaching an amazing $8.3 trillion. But if you look at the data closely, you wil...
