| Monday wild card
Now that you mention it I think Tami would do an excellent job. I hope she applies. DFO: Thanks for responding and clearing the air, Todd. Indeed, Tami would be a good council consideration, as would a number of other people. You'll be wise to stay as far away from the selection process as possible.
.
Wall Street rallies on optimism about rate cuts
Earlier in the day, U.S. oil futures set an intraday record above $101. In contrast, Tuesday's record high in oil, however, caused a late-day sell-off in stocks. Shares of Chevron Corp <CVX.N>, which began trading as a Dow component on Tuesday, rose 1.8 percent to $86.34 on the New York Stock Exchange. Chevron was among the major advancers in both the Dow and the S&P 500. Shares of HP, which reported quarterly profit that beat Wall Street's estimates late on Tuesday, climbed to $47.44, while IBM shares rose to $107.85. On the Nasdaq, shares of mobile phone chip maker Qualcomm Inc <QCOM.O> led advancers with a gain of 3.4 percent to $43.37. Minutes from the Fed, which cut the target for its benchmark rate by half a percentage point to 3 percent at the January meeting, said it had lowered its growth forecast for 2008.
Exim Bank upgrades Pakistan’s rating
Despite the payment of Rs 8 billion to Oil Marketing Companies (OMCs) the price differential claims would reach Rs 52 billion by the end of current fortnight, sources told Daily Times on Monday. Sources said that though government has paid differential claims...
.
The Ron Paul "Surge"
Does anyone think that other candidates have an e-mail list which they send out to their supporters with information on these votes, urging their supporters to vote? Of course not, because it means nothing. Look at any of the polls: At present, Ron Paul is carrying less than 10 percent of the electorate, and he might grow to 15 % and is not even a key force in the Republican primaries. In other words, his campaign is generating huge amounts of noise on the internet due to his shills, but he is not going to get far enough to become the Republican candidate. The Establishment elite will see to that. It's nice that he has automaton supporters who bristle at every cross word said about their hero (believe me, I'm glad they're occupying themselves on the net), but what they will likely do is split the conservative side of the "independent" vote so that the net effect will be to do for the Republicans what 'Ralph Nader' did in 2000 for the Democrats: put the opposite party candidate over the top and into office.
Mining Weekly Editor Martin Creamer in conversation with Madupi ...
That combination of numbers is the magical solution to our problems and, why do I know that? Because we went through a winter with a forecast of 38 000 MW, in other words, we could generate 38 000 MW and still not have load shedding. What are we doing now? We are down to 29 000 MW. What is the problem? We are not sticking to that world benchmark of having 90% of power-generation capacity up, 7% on scheduled maintenance and not more than 3% on unscheduled maintenance. Now, how can we fall so badly behind on a world benchmark that Eskom itself set for itself? We have to get back to that benchmark and we will be out of the woods. Makhamele: Kim, that's a very strongly worded response from Martin, do you share his sentiments? Cloete: Well yes, I think you know generally South Africans are really concerned about that, just from the ordinary person, and anyone you speak to on the streets through to politicians, I mean we've seen the whole repercussions in Parliament as well, they called a special debate this week on the electricity crisis and I think it's absolutely 100% obvious that everybody was really worried about this crisis.
Millionaires at play in cricket's great sell-out
Using an electronic bidding system developed for stock-market traders, the eight city-based franchises in the Indian Premier League brandished vast sums in their quest to recruit the best players. Mahendra Singh Dhoni (pictured), India's wicketkeeper and one-day captain, raised the highest fee at £770,000, followed by Australian all-rounder Andrew Symonds on £695,000. .
£20m splashed out in cricket auction
Strange, too, that a cricketer who only a month ago was a hate figure in India after alleging that he had been racially abused should be offered more than £100,000 a week to play in Hyderabad. Full story...
Source: Timesonline.co.uk .
'Fast Money' Recap: Stocks Gyrate Wildly
Wall Street experienced some wild swings on Wednesday, with the Dow Jones Industrial Average swinging 600 points. The Dow finished the day up 298 points and the Nasdaq closed up 24 points. Pete Najarian said the rally Wednesday was due to the prospect of a government bailout of the bond insurers and rumors of a rate cut out of the European Central Bank. He says the markets will remain volatile for the next couple of weeks. According to Jeff Macke, now is the right time to buy the financials and retailers for a trade. Guy Adami agreed with Macke on the financials, and he explained that investors can't fight the Fed. Karen Finerman said she had a fun day Wednesday. She disclosed she bought AltriaMO and FlowserveFLS in the morning after both stocks were knocked down hard. GoogleGOOG and AppleAAPL plunged as the Nasdaq traded higher Wednesday.
|
