Investmentsandequity-blog - Investments And Equity

TRADING STOCKS: Making Easy Money In Minutes

Earnings Equals Opportunities, Ford, 3M, & More In Play

After much debate about setting a final price, Twitter Inc (NYSE:TWTR)’s initial public offering is officially priced at $26 per share.

Philadelphia sells PGW

Philadelphia Gas Works is being sold as advised by Lazard Ltd.  The administration of Philadelphia Mayor Nuttter continues to build a case for the sale of the Philadelphia Gas works. They released a cost benefit analysis showing how the sale would be good for the taxpayer. This new report was completed by financial advisory firm Lazard. The report estimates that the sale of PGW will be for between $1.45 billion and $1.9 billion. This sale will yield a net profit for the city of between $422 million and $872 million after PGW's debts are paid. Budget Director Rebecca Rhynhart claims the report is a conservative estimate of the value of PGW. She bases this on the opportunities that exist for new business opportunities and rate increases in the future. Mayor Nutter would like the money from this sale to go towards the city's pension system which is currently underfunded. Critics of this sale point out that the sale of PGW will lose the city $18 million in a year. Rhynhart claims that this will be made up for by additional room in the budget from the now funded pension funds.

http://aclassasset.blogspot.com/2013/10/philadelphia-sells-philadelphia-gas.html

Currently, Bajaj’s Boxer brand “commands a market share of 90% in Uganda, 40% in Nigeria, 35% in Angola and 30% in Kenya”, the statement said adding that “one of the main success factors, apart from the quality of the motorbike has been the company’s ability to cater to the service and spare parts requirements of its customers in these countries”.

Bajaj Auto also announced it has teamed up with SOMOCO, a locally-owned Indian company in Ghana and a subsidiary of the Mohinani conglomerate, to distribute its products in its 51st global market.

"Ghana’s motor-bike market is estimated to be about 100,000 units per annum," Bajaj Auto said adding that "demand has grown rapidly in the last few years thanks to a growing middle class. The company aims to be the market leader in three to five years time".

Bajaj Auto said the company would initially target the utility and commuter segment through its immensely successful motorbike brand which comes in two variants - the 100cc version and the powerful 150cc version.

$NFLX reverses course after big gain following earnings. Reed Hastings during earnings videocast: ““Every time I read a story about Netflix is the highest appreciating stock in the S&P 500, it worries me because that was the exact headline that we used to see in 2003.” http://yhoo.it/1deOhGo

The “Mulher Caixa de Poupança e de Crédito” bank, the first bank focused on businesswomen in Mozambique was inaugurated in the city of Matola, Maputo province, Mozambican news agency AIM reported.

The agency said it was the first financial institution focused on financial solutions for the needs of businesswomen.

Board advisor Natividade Bule said that the new financial institution was the result of a partnership between women’s organisation “Ntamu”, and Gapi, a financial institution focused on development.

Lloyd a buy after de-nationalization