How can we define economic indicator? An economic indicator is a model of statistics which highlights the overall economic growth of a country or a region. Economic indicators give the idea of current and futuristic predictions of the economic activity. What really an economic indicator shows? An economic indicator exposes certain facts and figures before Read more
Saturday was the last day when Microsoft announced to withdraw its $46billion buyout offer to Yahoo Inc and hence ended months long saga between two internet pioneers. Microsoft further announced that it had no intention to make an unfriendly offer to Yahoo Inc. In January when the offer was made it valued around $31 per Read more
Why press releases are important? The importance of press release in the world of news is very similar to the importance of fresh air for the breathing.Launching of a new product, some new development in business, announcement of important events, announcements and declaration of important personalities from different walk of life, important events in the Read more
Sun Microsystems Inc. doesn’t come up to the Wall Street’s expectation as Wall Street was expecting that Sun Microsystems Inc would prove a ray of hope for the U.S. economic recession but alas! It didn’t. The 3Q loss of Sun Microsystems Inc (SERVER AND SOFT MAKER BASED AT SANTA CLARA) was shocking for everyone.In a Read more
NEW YORK (Reuters) Little change has been observed in stocks on Monday even after the largest deal of takeover in U.S. during this year the deal also helped to compensate the remarks by Warren Buffett that the decline in economic activity in the country would be even longer and deeper than it has been described Read more
COLUMBUS, Ohio – Triarc Cos. will pay almost $2.34 to globally recognized Wendy’s against a total stock contract. It was announced by Nelson Peltz owner of Triarc Cos. Wendy is worldwide popular due to its cube hamburger and frothy chocolate mince pie. Countrywide, Wendy is the 3rd biggest burger chain.Wendy’s hamburgers and chocolate deserts are Read more
Amazon shows vigorous first-quarters results as there was a strong growth in electronics and general merchandise. Online trading powerhouse Amazon (NASDAQ: AMZN) showed a healthy first quarter of income today, driven by inspiring sales increase in the electronics and general goods sector. For the section finishing March 31, Amazon stated $4.13 billion in net proceeds, Read more
Business cycles of an economy refers to the fluctuations in outputs and employment level of that economy.Almost all economists agree upon the fact that output remain at natural rate in the long run whereas there exists fluctuations in the short run that are not predictable.These random and irregular fluctuations in output from its natural rate Read more
A new version of Ubuntu Server named as version 8.04 is being planned for free downloads’ availability even with more project traits than the prior releases. Ubuntu Server 8.04 will be sustained for five years, only the second version of Ubuntu to be guaranteed Long Term hold, with the prior 6.06 version also receiving the Read more
Concept of recession A recession is meant by an economic decline.It is an activity, which is spread from corner to corner the economic condition of more than three months.The studies of macro economies show us that a recession is generated due to decline in Gross domestic product (GDP), Gross national product (GNP), inflation, deflation, stagflation Read more
Face book business deal Tokyo:Blistering news has been published in the associated press that 3 year mature public networking experience of Face book, has crossed beyond its business deal which is worth of more than $ 15 billion according to an approximation. Users role The consumers of Face books are interpreting the perceptible structure into Read more
City cuts down jobs In United States of America, there has been a great decline in job market.Every day, numbers of people have been badly cutting from employments due to heavy industrial and market losses.Meanwhile the Citifaction has announced just a few time ago that they have cut down 9000 additional jobs in United States Read more
The Australian dollar was stronger at noon as high European price increase figures enhanced demand for risk appetite-driven currencies. Rather than preventive growth, the European data proposes that the US sub-prime calamity is not affecting on other financial systems as much as alarmed before. About 12pm, the Australian dollar was doing business at $US0.9368/72, high Read more