Month: September 2012

Harnessing Africa’s Stock Exchanges for Portfolio Growth

Harnessing Africa’s Stock Exchanges for Portfolio Growth

Posted by | Sep 25, 2012 |

Despite weaknesses, right policies could unleash their power By Masimba Tafirenyika Days before Facebook became a public company on May 18, the hype behind the social network giant went into overdrive. Investors salivated over a rare chance to make quick profits. The 900 million plus fans who had turned Facebook into a global giant wondered publicly what was in it for them. In the event, Facebook’s crowning achievement as a public company was an anticlimax — and even almost turned into a disaster. Yet the flotation showed the twin power of stock markets: an ability to raise capital for...

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Apple Sells More Than 5 Million iPhone 5’s in 3 Days!

Apple Sells More Than 5 Million iPhone 5’s in 3 Days!

Posted by | Sep 24, 2012 | , , , , ,

By David Goldman – CNN Money Watch Video: The World Welcomes iPhone 5 September 24, 3012 – Apple sold more than 5 million iPhone 5 phones since the highly anticipated device went on sale on Friday, setting a new sales record for the device, Apple announced Monday. Over the weekend, the company outpaced the 4 million iPhone 4S units that it sold during last year’s opening weekend, though the numbers are a bit skewed. This year’s iPhone was simultaneously launched in the United States, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore and the United Kingdom, while last year’s...

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Red and Blue and Broke All Over: The Simple case for Gold

Red and Blue and Broke All Over: The Simple case for Gold

Posted by | Sep 24, 2012 | ,

By Martin Weiss  – Weiss Research If you haven’t met my good friend Charles Goyette, now’s the time to do so. He’s the author of the New York Times bestselling book, The Dollar Meltdown and the recent blockbuster release, Red and Blue and Broke All Over. He’s frequently been on Fox News, CNN, MSNBC, PBS, CNBC and the Fox Business Channel — on shows with Bill O’Reilly, John Stossel, Judge Napolitano, Bill Moyers, Lou Dobbs and others. Lew Rockwell, the chairman of the prestigious Ludwig von Mises Institute, says “Charles Goyette has been a rare beacon of freedom and...

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Book Review: Heart, Smarts, Guts and Luck: What It Takes To Be an Entrepreneur and Build a Great Business

Book Review: Heart, Smarts, Guts and Luck: What It Takes To Be an Entrepreneur and Build a Great Business

Posted by | Sep 23, 2012 |

Author: Anthony K. Tjan, Richard J. Harrington, and Tsun-Yan Hsieh Publisher: Harvard Business Review Press Book Review by: Sonu Chandiram After speaking with hundreds of business builders around the world the three authors of this great book found four main attributes as their keys to success. The key traits they found in the people they interviewed were heart, smarts, guts and luck. They cite four examples of well-known successful people who each had these traits that were dominant in them: Starbucks CEO Howard Schultz as heart-dominant Berkshire Hathaway CEO Warren Buffett and Amazon CEO Jeff Bezos as smarts-dominant South...

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U.S., Europe Recessions Have Idled Large Numbers of Indian IT Firms’ Employees

U.S., Europe Recessions Have Idled Large Numbers of Indian IT Firms’ Employees

Posted by | Sep 23, 2012 | , , ,

By Indu Nandakumar – Times of India BANGALORE, September 24, 2012 – The rising number of idle workers in the US and Europe for Indian software companies could drag profitability lower. This will add to troubles already caused by an uncertain business environment, where clients are delaying decisions around technology projects. The so-called ‘bench’ consisting of engineers who are not working on any active projects has increased by at least seven percentage points at TCS, InfosysBSE -0.80 % and Wipro, analysts said. Industry executives and analysts are of the view that the swelling bench could shave off up to...

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