Global energy companies now dominate the list of top ten companies list based on their market capitalization as of March 27,2009. The Top Companies Listed in New York Stock Exchange (NYSE): [TABLE=146] Chart : Note: Berkshire Hathaway Inc at $138.8B may have been listed at number 10. But it has been left out since Berkshire …
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1.The economics profession must bear a lot of the blame for the current crisis. If it is to become useful again it must undergo an intellectual revolution—becoming both broader and more modest. Goodbye, homo economicus 2.By one definition, a 21% rise in the Dow index makes this a three-week old bull market. The rapid change …
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Similar to Wal-Mart (WMT) being the largest retailer in the USA, Tesco Plc (TSCDY) is the largest grocery and general merchandising retail chain in the UK based on both sales and profit measures. Tesco together with Asda, Morrisons and Sainsbury’s (“Big 4”) have a 75% share of the grocery market in the UK as of …
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1.George Soros: Britain may have to seek IMF Rescue…George Soros, the man who broke the Bank, sees a global meltdown. 2. The Inter-American Development Bank could easily double its annual lending, given the global financial crisis, Luis Alberto Moreno, the bank’s president, said ahead of an expected call on Sunday on the bank’s shareholders to …
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1.Australia’s banking sector is being tipped to emerge stronger than in recent years. Runaway wreck stalling; time for the clean-up 2. Stocks that Matter: BP Continuing our series looking at the most popular stocks in the portfolios of UK Unit Trusts and OEICs, we turn our attention to BP. 3.Wage Deflation Sets In– From MISH’S …
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