Wall Street awaits Fed's next move Notme

Friday was a good day for business after all. The United States Federal Reserves lowered the discount rate at a half percentage point, being a very welcomed move on Wall Street. But even if the stocks have grown, many investors are still in panic mode.According to the IG Index, Dow Jones Industrial Average was expected to open today with 45 points higher having settled at 13,079.10 on Friday, up 233.30.After injecting in the banking system almost 120 billion dollars, the Federal Reserve cut its discount rate to 5.75 pct from 6.25 pct, avoiding a risk to economic growth.Steve Goldman, market strategist at Weeden & Co. in Greenwich, Connecticut, said: ""Once the Fed reliquifies and calm restores, then the markets will be in a process to start to weather the storm. The expectation is the Fed will do more."Countrywide Financial Corp's had a good day too, their share rose 4.1 percent to $22.30 before the opening bell, after the Wall Street Journal reported that the mortgage lender company was laying off employees in one of its lending units.Economists from the Thomson Financial predicted that sales of new single-family homes will fall to a seasonally adjusted annual rate of 825,000 units, down from 835,000.Oil price fell because the Hurricane Dean would cripple supply by hitting installations in the Gulf of Mexico.

related story: http://news.yahoo.com/s/ap/20070819/ap_on_bi_ge/wall_street_week_ahead;_ylt=AjYt9J_S6kL_QdEuchx60X6s0NUE

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

nvestors feeling a bit more optimistic Notme

Despite events happened this summer, investors start to be a little more optimistic about the financial markets, and after the calm of the last week.After the central bank has cut its discount rate on August 17, investors and businessmen can rely on the Federal Reserve as a "safety net".The Conference Board reported Monday that after the declines from June, the index of leading economic indicators rose 0.4 percent last month, led by gains in consumer expectations and vendor performance.On Tuesday stocks ended mixed up after the investors were looking for signs that the Federal Reserve may cut interest rates again soon."I think it's encouraging that we are kind of stabilizing after last week's turmoil," said Alec Young, equity market strategist at Standard & Poor's. "In the short term, people are trading on the Fed cues. The meeting was positive in that Bernanke seemed willing to use all tools available."This Tuesday the Feds might release minutes from its last meeting changing the perspective of Wall Street amid the financial markets.The stocks ended this week with some sharply positive note as economic data are to be released this week one Tuesday from the Conference Board, and one Friday from the University of Michigan."We saw an extreme representation of buying opportunities, and this is the snap-back rally," said Marc Pado, U.S. market strategist at Cantor Fitzgerald. "We're powering up, we'll sit at a high point here and we'll probably see some sort of a test (to the downside) next week."

related story: http://news.yahoo.com/s/ap/20070826/ap_on_bi_ge/wall_street_week_ahead;_ylt=AnPjbGHLb3QNx59cnDtUxU.s0NUE

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

Financial crisis in America still ongoing Corina Ciubotaru

The ongoing financial crisis in America isn't looking like it's going to end soon. Lately, the Federal Reserve has been pumping billions of dollars in the system, but nothing seems to please spooked out investors. All of the indexes have been falling recently and this has caused concern even on foreign markets. The Dow is down by 2.10 percent, the Nasdaq fell 2.37 percent, while Standard & Poor's fell 2.35 percent. Indexes like Nikkei in Japan, DAX in Germany and CAC-40 have also been falling, and the BNP Paribas bank in France has closed some funds in connection to the American market. The crisis started when home loans became too big for people to pay so banks were left without any money. The Fed didn't come into action from the beginning so the crisis worsened up to the point where they had to cut in half the interest rate required for banks to take loans. Now, reports from companies analyzing the housing market give bad news to homebuilders and prices on homes have also fallen dramatically. This situation comes in a moment when unemployment rate is finally lowering and median income per family is reaching over $48,000, after rise in the economy for the last five years. Fed officials will meet in September to decide on what needs to be done to get the country out of this mess. Capitalism needs credit to function, money used in companies have to come from the people willing to invest, so the American economy will have to rely on loans to recover, and measures are being taken to ensure these loans become available once again.

related story: http://news.yahoo.com/s/ap/20070828/ap_on_bi_st_ma_re/wall_street;_ylt=AmoWh8lxBZz_WUCoKhXzV0ys0NUE

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

Financial crisis in America still ongoing Corina Ciubotaru

The ongoing financial crisis in America isn't looking like it's going to end soon. Lately, the Federal Reserve has been pumping billions of dollars in the system, but nothing seems to please spooked out investors. All of the indexes have been falling recently and this has caused concern even on foreign markets. The Dow is down by 2.10 percent, the Nasdaq fell 2.37 percent, while Standard & Poor's fell 2.35 percent. Indexes like Nikkei in Japan, DAX in Germany and CAC-40 have also been falling, and the BNP Paribas bank in France has closed some funds in connection to the American market. The crisis started when home loans became too big for people to pay so banks were left without any money. The Fed didn't come into action from the beginning so the crisis worsened up to the point where they had to cut in half the interest rate required for banks to take loans. Now, reports from companies analyzing the housing market give bad news to homebuilders and prices on homes have also fallen dramatically. This situation comes in a moment when unemployment rate is finally lowering and median income per family is reaching over $48,000, after rise in the economy for the last five years. Fed officials will meet in September to decide on what needs to be done to get the country out of this mess. Capitalism needs credit to function, money used in companies have to come from the people willing to invest, so the American economy will have to rely on loans to recover, and measures are being taken to ensure these loans become available once again.

related story: http://news.yahoo.com/s/ap/20070828/ap_on_bi_st_ma_re/wall_street;_ylt=AmoWh8lxBZz_WUCoKhXzV0ys0NUE

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

Subprime loans face big hikes Notme

Subprime loans are now dominating the economic news, from worse to worse. An increase of several hundred dollars is expected by million of houseowners from U.S., as the interest rate on their home loan is going up."The meltdown in the subprime market is the biggest threat to the housing market and the broader economy," says Mark Zandi, chief economist at Moody's Economy. com. "It is at the vortex of the problem."In October the loans will be reset and the rates on almost $50 billion worth of mortgages will rise with 2 percents or more. James Kragenbring, senior investment officer at Advantus Capital Management in St. Paul, Minn estimates: "For example, on a $210,000 loan balance (the average subprime amount in 2006), the additional 2.5 percentage point increase on the interest rate adds about $4,560 a year, or about $380 a month."This will mean a serious hit over the wallets, as many people can't afford to pay the debt because mortgage payments are rising faster than their income: "If the borrower is on Social Security, the most their income is rising is 3 percent a year and the mortgage payments are rising much faster than that," says Carol Brent, staff attorney of Legal Services for the Elderly.They can expect now that delinquencies will go up, loans from last year having a rate of 15% delinquencies.

related story: http://news.yahoo.com/s/csm/20070830/ts_csm/asubprime;_ylt=AvnFt0yNRrPiPG.dFF3sguis0NUE

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

Chris Cantell Discusses Financials: American mortgage crisis is still to be sorted out by Corina Ciubotaru

The American financial crisis is a nightmare that doesn't seem to end soon. It started with mortgages, continued with the stock market experiencing record lows and is currently affecting even far-away countries. The European Central Bank and BNP Paribas in France have taken measures against this crisis; they have closed some funds and poured some money into local economies and now wait for the Americans to solve the problem. But solutions seem to come slowly and painfully. Mortgage rates are still rising, while the Standard & Poor's index fell 1.39 percent on Tuesday, the Dow fell 1.29 percent to 12,861.47 and the NASDAQ lost 40.29 or 1.61 percent. It's becoming increasingly difficult to get a mortgage, especially if the would-be recipient has a bad credit history and in the U.S., houses aren't even being built as much as they used to. Countrywide Financial has been forced to turn to a credit line to finance operations and the Fed announced a repurchase agreement worth $12 billion, but the move wasn't strong enough to reassure investors. European indexes FTSE 100 in Britain, DAX in Germany and CAC-40 in France also fell: 3.1%, 1.9% and 2.5%, respectively. Hong Kong's Hang Seng index fell 3.3%, the Straits Times Index in Singapore was down 3.35% to 3,273.25, while Tokyo's Nikkei fell 2% and reached 16,148.49. The situation isn't looking good, but American analysts believe the economy will bounce back of this unexpected mess, even though nobody knows for sure how long we'll have to wait before this happens.

related story: http://news.yahoo.com/s/ap/20070815/ap_on_bi_st_ma_re/wall_street;_ylt=AiP.NaJwl8qkX0WbpDfaiQus0NUE

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Chris Cantell Discusses Financials: Stocks manage late rally to close mixed by Notme dfsfs

This wasn't an easy summer for the Wall Street as credit woes and the decline of well known companies astonished the stock market. The United States largest mortgage lender, Countrywide Financial Corp. might hit the ground, after they had to borrow almost $11.5 billion so they can continue to fund their operations.Stocks from Dow Jones Industrials were down with 340 points yesterday, ending the day with a lost of 15 points.The Federal Reserve continued the injections of billions dollars in the system, declaring that they will continue to do that daily "to facilitate trading at rates around the operating objective of 5.25 percent."Many economists say that this injection shouldn't take place before the September 18, when the policy-making committee will meet, only in cases of calamities. But still the investors are hoping that the Federal Reserve will cut the interest rates before the meeting."I think there is more confidence of a lasting rally in equities if the Fed cuts rates, and that makes it easier on days like this to do bargain hunting," said John Lonski, chief economist for credit-rating agency Moody's Investors Service. But the market is still considered to be fragile, as indexes from around the world aren't what traders were hoping to get: U.K.'s FTSE 100 fell 3.05 percent, Germany's DAX index fell 1.86 percent, and France's CAC-40 fell 2.52 percent. For Asia the Nikkei stock fell with 1.99, Hong Kong's Hang Seng Index fell 3.3 percent and the Shanghai Composite Exchange fell 2.1 percent.

related story: http://news.yahoo.com/s/ap/20070816/ap_on_bi_st_ma_re/wall_street;_ylt=AhqMVvkskoro940YmCwo5U2s0NUE

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Replace this Title by Claudia Sonea

The Financial Times Stock Exchange Index, a share index of the 100 most highly capitalized companies listed on the London Stock Exchange, had the biggest decline since it was founded on 3 January 1984. It represents about 80% of the market capitalization of the whole London Stock Exchange and points out once again how the credit crunch can damage, ending below the key 6,000 level, at 5,858.9 points. Only last September there was a similar fall that brought changes making BP, Royal Dutch Shell, HSBC Holdings, the Vodafone Group, the Royal Bank of Scotland Group and GlaxoSmithKline the 6 largest constituents of the index. Despite the recent losses financial stocks have started to gain some pounding, Standard Chartered, a British bank headquartered in London, listed on the London Stock Exchange and one of the top 20 constituent members of the FTSE 100 Index, led with a tumble of 7.6 percent. Most of the listed companies have dropped on the stock market: Barclays, Royal Bank of Scotland, HSBC, and HBOS between 2.5 and 4.4 percent; INVESCO and Schroders between 6.5 and 3 percent; Man Group, the 55th company, lost 8.6 percent; Northern Rock shed 4.2 percent; only British Land's losses were limited to 0.7 percent because of a buyback. John Haynes, senior equity strategist at Rensburg Sheppards states that the subprime mortgage rate fears are reflected in the sell-off in equities and the present situation will impose a repricing of the investment risks. The announcements of Wall-Mart Inc and Home Depot Inc. created this shock by confirming the fears on the housing sluggish. Countrywide Financial Corp., the largest U.S. mortgage lender, increased worries drawing down an entire $11.5 billion credit facility due to a shortage of credit weighs. Another problem that is worsening things is the job matter, jobless benefits being in high demand. To stop the falling of shares' prices ECB injected a large amount of cash, but Fed has still not made a move. Waiting for Fed's move, stay connected and watch the stock market, but don't forget, nowadays no one is a winner!

related story: http://uk.news.yahoo.com/rtrs/20070816/tuk-uk-markets-britain-stocks-fa6b408_12.html

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Who is to blame for the American financial crisis? by Corina Ciubotaru

Whenever something goes wrong, we humans tend to blame someone or something. If a flood hits, we blame God or global warming. If a road accident occurs, we blame the reckless driver. And if huge mortgages cause a financial crisis, we blame the credit rating agencies. These companies assign credit ratings for issuers of various debt obligations, in other words they assess the ability of companies, NGOs, governments etc to pay back loans. There are over 100 of them worldwide and some think they should have warned investors that the subprime mortgage market in the U.S. is heading for trouble. A subprime sector is one that shows high risk, as was the case with this one due to cheap credits and high prices on housing. Many were attracted to it and my guess is that the ever-growing number of immigrants who want the security of their own home in America played a big role. The main cause of this crisis is that people loaned money and couldn't afford to pay them back; they became "subprime borrowers" which would not be surprising given the small wages immigrants often get. Whatever the cause, the American economy is struggling to get out of this mess. The Federal Reserve keeps pumping billions of dollars into commercial banks, while central banks in other countries try to alleviate the problems they face collaterally. Everyone is confident the United States will leave this crisis behind soon but country leaders like Nicolas Sarkozy, the president of France and John Howard, Australia's Prime Minister, took the time to address the nation and try to calm down spooked investors.

related story: http://uk.news.yahoo.com/afp/20070816/twl-markets-finance-4bdc673_1.html

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Chris Cantell Discusses Financials: Cycle of money by Lenka Lehenova

Money is very important part of our lives. It influences us and there is and always will be facts that people wish to have a lot of it and that it is also a reason of many conflicts. So I can say again that money is the king of the world. Money is active and its process is still working. Maybe we don't see it because we are not interested in it but economists are and there is also theory about it. There is typical cycle: people work because they want to earn money, then they buy food, clothes and all needs. Money gets into repository, then to state's budget and cycle starts again. It is quite difficult. We can own money in different forms: cash & change or paper money, securities, stocks, money on accounts, funds or money in wealth, etc. Today we more and more use money only in electronic form. We can pay by credit or debit cards and we don't need cash. There are a lot of companies which are interested in business with money. I might say that they earn money from money. The fact that money is active makes it profitable. Costumers put their money into some assets or funds. Their values are still moving because there are a lot of factors which influence it.By this way people want to sock money away for example for their retirement savings. They have to trust these companies but there is a big risk as well. Canadian fund-management companies are not in good situation now. The independent companies that create and sell mutual funds have been poor performers in early 2008. It could be quite difficult to dig themselves out of the hole they are in right now. It is nobody's fault, it is just that they had a moderating outlook. Analysts and managers of financial companies (IGM, CI, AGF!) try to analyse and predict situations. I think that investors have to properly think about their next steps in this situation and patience is important principle each of them.

related story: http://news.yahoo.com/s/nm/20080217/wl_canada_nm/canada_column_canada_markets_col;_ylt=Ap4kmR_ztdbMnIfL3WdXOdayBhIF

by Lenka Lehenova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

If a man knows how to do his job well there is no surprise he succeeds by Barbora Misakova

When someone knows how to anticipate success of something like the Internet there is no surprise that such a person became successful and very rich too. One of such lucky guys is Rupert Murdoch who is considered to be one of the early Internet evangelists. Nowadays he is this Australian-American global media tycoon what means he became the major shareholder, chairman and managing director of News Corporation and expanded it into United Kingdom, US and also Asia and their media markets. All this and his networth of 8.8 billion American dollars make from him 33rd wealthiest American. All his extreme fortune flows from ownership IGN Entertainment which runs such sites as GameSpy.com or Intermix Media company which owns 30 others internet properties for example MySpace. If a man knows how to do his job well there is no surprise he succeeds. Rupert Murdoch is now thinking about merging MySpace and other News Corp internet properties with Yahoo. There were informations about a deal between Yahoo! and News Corporation when Murdoch offered MySpace for becoming a shareholder of the Yahoo! Analysts say this deal will never come into real; problems are with the values of MySpace and Yahoo! While MySpace will hardly get more than $10 billion, Yahoo! asks more than $ 45 billion offered by Microsoft. I will repeat it because I think it is important: If a man knows how to do his job well there is no surprise he succeeds. The same we could say about the SigEx Telecom which was founded by Christopher M. Cantell and Frederic Artru in 2002. As SigEx integrates streaming applications and servers globally they can offer to their clients full business and individual services and applications and so enables to its clients wide range of communication ways. Clients can watch videos, use their phones or cellphones, send e-mail and faxes and lot of other activities through the Internet. Another reason why is SigEx Telecom so successful is in their "ability to dramatically reduce variable costs and morphing them into fixed costs" said Frederic Artru, Co-Founder, President and COO at SigEx Ventures. Good results of SigEx Telecom are seen also in the existence of their financial products & SigEx Ventures and SigEx Ventures Euro Fund. SigEx Ventures, Inc. is a private investment fund which is dedicated on emerging Enhanced Communications industry and so supports also SigEx Telecom and its position in France. SigEx Ventures Euro Fund is also successful & its financial results for 2007 are more than optimistic. Share price and equity doubled and the economic situation and their position on the communication market is still improving.

related story: http://www.guardian.co.uk/media/2008/feb/18/yahoo.yahootakeover

by Barbora Misakova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

A new way how to find employees by Jana Passova

SigEx Telecom is a company that is the best growth placement in France. It is quickly becoming a leader on the digital market. At the beginning of the company there were two American founders. It has two big supporters behind itself. One of them is Sigex Ventures and the other one is SigEx Ventures Euro Fund. As a financial product, SigEx Telecom became the most efficient tax reduction placement with the highest return on investment. SigEx Telecom finished 2007 with the assets around 347 M Euro. It was increase more than 115 percent. And the company is still going along. Users of SigEx Telecom are nearly in every country all over the world. They are allowed to view, download and share video, make multiple phone calls. There comes another possibility for SigEx clients. AKQA is an American company which has private holders. It is specialist for interactive marketing. Its headquarter is in San Francisco but like many other American companies it has its offices in many European and also Asian countries. It is treated as an independent global agency that serves some of the biggest brands of the world. Some of them are Motorola, Coca-Cola, Nike, Visa, McDonald's or Microsoft. One of the most famous project was the user interface design for Xbox 360.AKQA has found out a new way how to find potential employees. They can apply for work through the Internet. AKQA uses job-recruitment Web sites as Monster.com. Maybe this could be a new challenge for SigEx Telecom. And possibility for its users how to find a job.

by Jana Passova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Profitable investments by Lenka Lehenova

Today, more and more people are still interested in computers and technology. The reason is that we know it is our future and if people want or not they will have to learn how to use and understand it. Internet isn't new. Everybody who wants to be in touch and to know everything about the happening in the world, use it daily.A lot of people are still investing to these spheres of business because they know that it is and also it always will be profitable. SigEx Telecom is one of the companies which are interested in modern and popular business that is social communication telecom network. Company's important goal is entertainment. Thanks to it people have a fun and they don't feel bored and lonely anymore. SigEx Telecom is supported by SigEx Ventures and SigEx Ventures Euro Fund. It is not only product for festivity but also financial product. The company proves its position as best growth placement and the most efficient tax reduction placement in France. Investors don't have to afraid about investments because SigEx Telecom is unique with the highest return of them. Although SigEx Telecom is quite new company which has been launched in 2002, its profits are still growing. Company has gained a lot of clients around the world. Costumers of SigEx Telecom have a lot of advantages. They are not only online and connected with all globe but they can also meet new friends, talk, SMS, make free phones calls or video-conferencing. Clients are different. It doesn't matter if you are student or not, man or woman, English or Japanese, young or old. The most important is that you are sociable and adventurous person.

related story: http://www.mtv.com/news/articles/1581456/20080212/id_0.jhtml

by Lenka Lehenova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Investment safe with SigEx by Zuzana Zelenakova

SigEx Telecom is currently one of the leading digital stream broadcasting and social communications telecom networks provider on the market. Its offerings include voice and video communications services for numerous online people such as four-way video-conferencing, video-rooms or calls, possibility to share, view, upload video clips through online TV broadcasting, websites, blogs, video-mails. You can be part of SigEx global community also through your smartphone, not only desktop. SigEx users can be found in almost every country around the world ranging from children to students and adult business people. "We are very pleased with how well quality entertainment is offering the ultimate user experience," said Christopher Cantell SigEx Chief Executive Officer. The company is highly acclaimed also for its private equity strategy and unique tax system providing only minimal exposure to risk. Its shareholders include private investors and families, as well as top executives. They certainly need not to be worried about the return on their investments for annual financial reports speak clearly. Let's have a look at fiscal year 2007 results. Firstly, share price ended FY 2007 at 30.80 while the previous year it was only 14.20 so 117 percent increase was reported. Compared to the fiscal year 2005 the leap is even more obvious as share price ended it at 5.66. Equity growth for FY 2007 totaled 188 million, representing a 96 percent increase over FY 2006 with its 96 million and 652 percent increase over FY 2005 with 25 million. Total equity for 2007 was reported 347 million up 118 percent as against fiscal year 2006. The future is no doubt in the telecom industry and SigEx Telecom is the best proof.

by Zuzana Zelenakova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Want to know more about SigEx Telecom?

SigEx Telecom is provider of telebroadcasting communications. This organization is spreading and succeeding really fast. But there is also no doubt about it, because it is providing above-standard services such as allowing people to easily talk, view, upload and share video clips through online TV broadcasting, websites, blogs, video-mails and SMS. It also offers free TV and video services, free unlimited global calls and video conferencing through its multi-network.SigEx Telecom also proves its position as high potential leader on the France market by his fiscal 2007 equity growth. For example, it reported total equity of 347 million EURO for the year ended September 30, 2007, up 118% compared to FY 2006.SigEx also contains SigEx Ventures Fund, what is a private investment fund with the focus on emerging Enhanced Communications industry. SigEx ventures projects for the Foundry's development programs using funds from individual investors. It also help to address alpha-beta development projects for strategic customers, including global telecommunications carriers, network equipment manufactures, information technology companies and digital content providers.Euro SigEx Ventures Fund is interested in projects that the economic models free or value-added with royalties. "We had another exceptional year in digital broadcasting investments," said Frederic Artru, SigEx Ventures Euro Fund President, "Our portfolio strategy has been to identify properties with high end-user."Also investors are increasing their interest in SigEx Technology, because as a financial product, it is also considered as the most efficient tax reduction placement. It also creates a profitable businesses and it is providing significant return on investment for the shareholders. For example- in 14 months, successfully closed an acquisition deal for a stock exchange valued at $14M, with a 2,200% return on investment for the group of business investors.It is also possible, that SigEx could cooperate with a company called YouNoodle.com, which calls its software a "start-up predictor" and is expected to give ideas about company worth in future time, for example five years.

by Zuzana Krskova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Payoff Time by Livia Necasova

If you are an entrepreneur you have infinite possibilities what to do with your money. How to invest it, in what to invest it. The decision is all yours. You need to have some certain qualities though to make your business a success and double your investments. Some companies have a huge potential in the beginning but in a few years they turn to be a high-risk investments and so they fail. To prevent that this doesn`t happen to you, you need to have an overview about the market, you have to know in what you`re investing, you need to make your goals clear not only for yourself but for the others as well and last but not least an overview about what`s going on behind the closed doors in your company. You need to make your employees have done everything for you on time & the monthly reports with the results and most of all the business plan. You have to stay focused, be sure that you know your strengths and weaknesses and be willing to take a risk. No risk, no money. Because the way to the top is long and affords strong will, patience, innovation, creativity and of course hard work. All these things are the key to success. If you got all this together there`s nothing more standing in your way to be a top entrepreneur. One of the best examples of how well a successful company can look like is SigEx Telecom, a company with the best growth placement and highest return on investment.

related story: http://www.thepanamareport.com/panama-information/cell-phones-in-panama-584.html

by Livia Necasova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Just a Minute! - Something About A Wealth Tax

Tax system divdides levies into multi level hierarchy, that varies depending on the state or republic, where it's being used. Distribution is a neccesity for every government to pump the national economy and stil it provides more less fair layout of the tax burden among individuals or classes of the population involved in taxable activities, such as business, or to redistribute resources between individuals or classes in the population. Among the most important taxes one can mention capital gains tax, consumption tax, corporate tax, income tax, inheritance tax, wealth tax and many others...Writing about pure economic these & wealth tax, let' s start with its definitionWikipedia refers the term "wealth", property tax, capital transfer taxes (inheritance tax, estate tax, gift tax), endowment tax and capital gains taxes as "wealth taxes".This tax burdens gropus of individuals and companies as well. Declaration of tax payers on net worth( assets minus liabilitis ) as a percentage of the net worth. Net worth tax on natural persons is called solidarity on wealth & equals to 'Capital Tax', an 'Equity Tax' or 'Net Wealth Tax'. Within Europe this tax is ran only by France, Switzerland, Spain, Greece and Norway. In 2003 Austria, Denmark, Nederlands and Germany dropped out this income. In all of them, the wealth tax hasn' t been overcoming 0.3 per cents of total tax intake. Lately, France imposed heavy reductions of the tax with no tradition in the most of the European Countries. Theorists believe this step will improve the environment for busines in private sector.Proving the truth of this opinions, let' s take the financial and busines strategy of SigEx Telecom, french pioneer among social telecm networks. Reductions of wealth taxes have been the consideerable input, to allure the investor' s interest. Along with wealth tax reduction, SigEx Telecom proposes the declining among 20 & 49 per cents of primary investment during 4 years of constant shareholding. Taking advantage of favourable tax system, the company could break through from the middleclass average company into the organisation with the vision of final equity growth more than one billion euros.

by Milota Sidorova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Chris Cantell Discusses Financials: Go for enhanced online services by Zuzana Moravcova

Today, every sphere of business has sooner or later found its way to join the web-connected world. Every company is becoming more focused on online communication, that has been made more quick, cost effective and easily accessible from any place of the globe. That applies also to international news. Whatever we do on the Internet, whether we communicate with other people as part of a social network, or just browse the web, we always spend some of our time reading online world news. From the reader's point of view, looking information up on the web is much more comfortable and cheap than walking to the nearest press store to buy newspaper or a magazine.The main advantage of online telebroadacsting is in its accessibility. Today, people travel more than ever before, but they do not want to be cut off their usual information sources.From the provider's point of view, online news releasing is also the easier and cheaper option, as their expenditures for presses, ink, paper and broadcast licenses are therefore zero.Apparently, original way of delivering news to us readers by newspapers are going to be forgotten. Is the same going to happen to television? The answer might be yes, as there are technologies to stream video and multimedia content over the Internet. Telebroadcasting is one of the later Internet devices, and is growing in popularity. The fastest growing provider of digital broadcasting is SigEx Telecom. It generates revenues through free TV and video services, free unlimited global calls and video conferencing through its multi-networks. It has relationships with a growing network of international clients delivering millions of videos per day. With more than 200 hours of new TV shows broadcasted daily to a wide range of viewers.The combination of social networking with TV and telecommunication services is a time bomb of success, set within companies fighting for position in the communication field.

by Zuzana Moravcova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

The best tax reduction placement

The results of Quebec's venture capital for the last year have been shown. It has been noticed that deal activity in Quebec's venture capital reached the peak in the first third in 2007. It has been its highest level since 2002. The total investment of dollars has accumulated together $648 million, that is 8% more than in the previous year.On one hand, the deal activity flourished brilliantly. On the second hand, the capital attributed to Canadian VC fund declined once again in 2007. Funds compiled throughout the country resulted in $1.2 billion at the end of the year. This actually meant reduction of 27% if it were to compare to previous year 2006. Honestly, this has been the most extreme lower level ever reached.The total fund raising was a result of a whole year decline, where new supply from 2006 was only poor $1.1 billion, which is only 25% of year's total. The overall level of retail fund raising in Quebec slumped by 21% ti $604 million in 2007. In 2006 it was $766 million.Thus, if you have decided to place your money, you may use the service provided by SigEx Telecom with its marvelous position in France by the means of the support of SigEx Ventures and SigEx Ventures Euro Fund. These guarantee the best growth placement. In addition to this, if you decide for this company, it will definitely bring you the most efficient tax reduction with the highest return on your investment.

by Lenka Filipova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Only Serious Information

SigEx Telecom is becoming a leader of digital sream broadcasting very fast. It is demonstrated by the fact that its position is the best growth placement in France. This company has two important supporters behind itself. The first one is Sigex Ventures and and the second one SigEx Ventures Euro Fund. As a financial product, SigEx Telecom is also the most efficient tax reduction placement with the highest return on investment. It finished 2007 with the total eqity of 347 M Euro. It is an increase around 118 percent in comparison to 2006. SigEx Telecom is a provider of innovative social communications telecom networks. This fact allows all users of SigEx to talk, view, upload and share video clips or communicate for free. SigEx Telecom has its users in many countries from all over the world. There comes a new poossibility for them how to get serious fresh informations from overseas. Global News Enterprise is a new online venture, which will be focused on international news only. It is going to be found in Boston. An initial capital, around 8 million dollars, comes from private investors.The founder is Philip Balboni, previous founder of New England Cable. This Web site should be able to cover a space on a journal market with a mix of articles about politics, economics and social issues. This placement in contrast to nearly all newspapers will not bring any information about overseas sports or celebrities. This Web site will be available to paid cubscribers. Staff of online newspapers will come from 70 countries. In Boston will be 15 editors and some other emplyees who will work on headquarters.The group of founders contains also people as Amos Hostetter, Benjamin Taylor or Paul Sagan.

by Jana Passova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

Only Serious Information

SigEx Telecom is becoming a leader of digital sream broadcasting very fast. It is demonstrated by the fact that its position is the best growth placement in France. This company has two important supporters behind itself. The first one is Sigex Ventures and and the second one SigEx Ventures Euro Fund. As a financial product, SigEx Telecom is also the most efficient tax reduction placement with the highest return on investment. It finished 2007 with the total eqity of 347 M Euro. It is an increase around 118 percent in comparison to 2006. SigEx Telecom is a provider of innovative social communications telecom networks. This fact allows all users of SigEx to talk, view, upload and share video clips or communicate for free. SigEx Telecom has its users in many countries from all over the world. There comes a new poossibility for them how to get serious fresh informations from overseas. Global News Enterprise is a new online venture, which will be focused on international news only. It is going to be found in Boston. An initial capital, around 8 million dollars, comes from private investors.The founder is Philip Balboni, previous founder of New England Cable. This Web site should be able to cover a space on a journal market with a mix of articles about politics, economics and social issues. This placement in contrast to nearly all newspapers will not bring any information about overseas sports or celebrities. This Web site will be available to paid cubscribers. Staff of online newspapers will come from 70 countries. In Boston will be 15 editors and some other emplyees who will work on headquarters.The group of founders contains also people as Amos Hostetter, Benjamin Taylor or Paul Sagan.

by Jana Passova for SigEx Telecom (http://sigex.com)

SigEx Telecom is quickly becoming the leading telebroadcasting communications provider allowing people to easily talk, view, upload and share video clips through free online TV broadcasting, free unlimited global calls, websites, blogs, video-mails and SMS. SigEx Telecom captures many add-on services for its clients generating royalties and fees in a broad spectrum of marketing services including public relations and promotions.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


Posted by: Jana Kalicka

USA crisis affects financial groups worldwide by Ana Maria Ciobanu

The largest French bank had to temporarily suspend three of its funds (Parvest Dynamic ABS, BNP Paribas ABS Euribor and BNP Paribas ABS Eonia), fearing it would be affected by the crisis concerning the high risk mortgage credit in USA.The evanescence of any transaction on certain markets in the USA leads to an absence of the reference price and an almost total lack of liquidity for the actives appearing in the funds' portfolios, no matter the quality or the rating it has.These three funds were valued at over two billion euros on July 27 and 1.593 billion on August 7, which means a drop of 20%The bank announced the valuing of the funds will restart immediately after the markets will find the transacting volumes which can allow it to determinate the reference prices. Information about the measures which will be taken if this will not happen, would be communicated within a monthThe crisis in the United States has affected till know other financial groups too, for example Oddo(which had to freeze three funds) and AXA IM"The market will be volatile. There will be up days, there will be down days. But we will not be out of the woods with news flows. It will get worse before it gets better we're just encouraging investors to stay clear." said Graham Secker, equity strategist at Morgan Stanley.

by Ana Maria Ciobanu for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Stock market shaken again by Claudia Sonea

After the changes occurred on Friday and Monday, before Fed's meeting, stock market is troubled again, this time by concern regarding US sub prime mortgage sector. Because the European Central Bank injected 94.8 billion euros (130.2 billion dollars) into the eurozone banking market, a record number, all the investors back off, US property crisis becoming a real risk. Chief market strategist at London-based spread-betting group City Index stated that the bank's action was meant to create panic. When French bank BNP Paribas suspended three investment funds for the US property market and German lender WestLB faced liquidity problems, ECB decided that the banks affected by the US sub prime mortgage crisis needed a wave of cash. It was higher than after September 11, 2001, after the terrorist attacks. Japanese share prices index rose 0.83-percent before BPN announcement. Chinese shares prices had a record gain, five days in a row. World oil prices had losses, only in London the barrel fell below 70 dollars and that because the debts to US economic woes, might have been weaken by the energy demand. All in all, global equity prices plunged and the actions taken by the ECB made it worst. With the fear of US property value decreasing and Wall Street in decline, European markets closed 2.0 percent lower. What will happen next is still a mystery and how it is to be expected the market will continue to be shaky. It's a period of financial instability. Stay connected, there is more to come!

related story: http://uk.news.yahoo.com/afp/20070809/tbs-stocks-world-65f2640_1.html

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Major central banks pump cash in to calm markets by Notme dfsfs

Thursday the calm of the money markets was reestablished by the European Central Bank in order to prevent the financial system from seizing up.The ECB pumped into the system a record of 94.8 billion euros, France's biggest listed bank, BNP Paribas, froze withdrawals from three funds citing U.S. subprime mortgage market problems.U.S. President George W. Bush at a news conference sought to calm, saying that both the global and U.S. economy are strong and there is enough liquidity in the system.In Europe, before the ECB to act, traders said that the cash markets were seizing up."There appears to be a dash for cash both in dollars and in euros," said Nick Parsons, head of market strategy at nabCapital in London.By injecting the biggest amount of money in a single operation, the ECB aimed to calm markets by assuring "orderly conditions in the euro money market", after that the rates came to a normal level, but money traders waited to see if the U.S. Federal Reserve will pump money as well.A Zurich-based money market trader said "the market is acting like a yo-yo. It's all very psychological. The possibility of a credit crunch returning is starting to spook everyone."

related story: http://uk.news.yahoo.com/rtrs/20070809/tbs-uk-moneymarkets-7318940_2.html

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

The global stock market is getting stronger again by Ana Maria Ciobanu

It looks like good news for global stock markets this week.Compared to last week's evolution, US markets opened up on Monday, echoing European gains after the Fed put an extra $2bn (1.5bn euros) in the banking system.The Dow Jones index was up 0.5% to 13,307.5, while the NASDAQ added 0.8% to 2,564.2 points.The sub-prime mortgage sector in USA triggered the recent financial market volatility.Trying to ease fears over available credit, many central banks have intervened by injecting money into the banking sector.It is the third time since last Thursday when the European Central Bank has injected money in the European banking system.Monday, the ECB injected 48 billion euros, after last week it had injected 156 billion euros.Japan's central bank injected one trillion yen ($8.5bn) into the financial system last week and 600bn yen on Monday.Some analysts have said all these supplementary fund injections make sense. Others fear it only made markets more nervous and it did not solve the weakness in the US mortgage sector.

by Ana Maria Ciobanu for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Rough times for Wall Street by Claudia Sonea

The stock market is very troubled lately, although last week meeting of the Fed should have improved things by keeping the same rate and announcing that the only problem is the inflation. Investors are still anxious due to the subprime mortgage-related losses. If Fed's actions will not succeed to put an end to the issue, what will they do next? No one really knows how widespread is the problem and therefore how long it will take for the credits to become more available. If credits are unavailable then companies' growth will be stunt and mergers and acquisitions will be pruned. Moreover, debt financing is harder to come by. Since the Dow Jones industrial average hit a record, the stock market has swung up and down because the lending climate is still unsure. The Chicago Board Options Exchange's volatility index shows that stock market volatility reached its highest level in the last four years. In order to give lending a boost Wall Street together with Europe's and Japan's central banks made a large injection of cash. The chief economist of A.G. Edwards & Sons Inc, Gary Thayer, said that it is a matter depending of the investors' mentality too, so the results will be seen in the course of events and not immediately. Statistics are divided in two, some say that a rate cut would free up more cash, while others say housing market is destabilizing economy. However, a credit crunch could put an end to a lot of business all over the world. Stay connected to find out the truth and how stock will spin.

related story: http://news.yahoo.com/s/ap/20070812/ap_on_bi_ge/wall_street_s_angst;_ylt=ArtQhRHm4bdYDPS0D1.8DlCs0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Mortgages are more than the U.S. financial sector can take by Corina Ciubotaru

America's economy is facing an unexpected crisis these days: the population has taken so many loans and mortgages on their homes that the banking system can't cope anymore. So the government began to pump money into the system, delaying the inevitable crisis, while banks increased the interests and gave clients higher rates to pay. And President Bush seems unaware of the magnitude of the problem. He will not allow Fannie Mae, the government-sponsored company that buys home loans from impoverished people, to pay $72 billion in mortgages and maybe save the financial world. Other countries already took action to prevent losses of their own due to American problems. BNP Paribas, France's biggest bank, has frozen $2.2 billion (1.6 billion euro) in three funds linked to the American subprime sector. The European Central Bank and the Bank of Canada have also injected funds into their systems, to help them deal with the high market fluctuations. Banks have now become cautious and may not decide to lend money as easily as they used to, even if they become available. The New York Fed has pumped dozens of billions of dollars in the hope of regaining stability but in the end it's a matter of waiting and seeing, as consumer spending in retail markets has slightly increased.On Monday, the Dow Jones industrial average fell 0.02 percent, to 13,236.53, while the Standard & Poor's 500 index fell 0.72, or 0.05 percent, to 1,452.92, and the Nasdaq composite index also fell 2.65, or 0.10 percent, to 2,542.24.

related story: http://news.yahoo.com/s/ap/20070813/ap_on_bi_st_ma_re/wall_street;_ylt=AuVJFXhs8RkY7L90.ZJMRxms0NUE

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Credit pressures by Claudia Sonea

Wall Street is still under the assault of credit market problems and stocks' own volatility. After an amazing rose of Dow, now the stock prices have lost more than 200 points, ending at 4.54 percent for the year. Other companies have seen their stock prices felling too, Sentinel Management Group Inc. was forced to send a letter to the Commodity Futures Trading Commission for permission to stop investors from withdrawing their money. Also, the S&P 500 is now ahead only 0.58 percent, while Nasdaq's index fell to 2,499.12. Goldman Sachs Group Inc. stated that three funds it manages have had significant losses The funds and other big institutional investors received a big hit after the Wal-Mart Stores Inc. and Home Depot Inc. reported that their profits will be below expectations, they will even have losses. The fact that the world's biggest home improvement chain said there is weakness in the housing market increased the anxiety on Wall Street, where subprime loan and mortgage-back securities are already a concern for investors. Scott Fullman, director of investment strategy for I.A. Englander & Co, said that anymore news about financial problems might affect dramatically the trade on the stock market, therefore the stock investors will move into securities deemed less volatile. Despite the fact that the European Central Bank injected $10.5 billion into money market, normalizing conditions, Fed has not yet made any changes. Customers bowed under economic pressures such as higher oil prices and therefore they rein in spending, making stock prices to bow under credit pressures. What will happen next? Stay connected and find out where is everything heading.

related story: http://news.yahoo.com/s/ap/20070814/ap_on_bi_st_ma_re/wall_street;_ylt=AmnPvRO3xJKS1cDJXazos9Cs0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

FTSE down 1.2 pct as credit fears return by Notme dfsfs

FTSE, Britain's leader share index fell with 1.2 pct on Tuesday and today it fell with 1.3 pct. Yesterday the FTSE 100 ended down 75.5 points or 1.2 percent, at 6,143.5 after European shares oscillated between higher and lower in the global markets.Mark Priest, a trader at tradindex.com, said "The markets are down again today and it looks like this credit problem isn't about to go away."Yesterday the stocks ended lower because of the earnings from retailers Wal-Mart Stores and Home Depot were disappointing and credit woes are back again.Banks were also hit because of global fears of tightening credit conditions: the Royal Bank of Scotland dropped with 1.3 percent, Barclays lost 3.3 percent and Standard Chartered fell 2.6 percent.Miners after the gains they had last session, suffered losses because of the low metal prices: Lonmin slipped 100 pence to 3,014, Xstrata was down 81 pence at 2,644, Anglo American shed 74 pence to 2,705, and Rio Tinto was 68 pence lower at 3,107.Market speculations that Danish brewing group Carlsberg were renewed yesterday as they want to bid for the Scottish & Newcastle stocks. Carlsberg spokesman Jens Peter Skaarup said: "There are a lot of rumours in this business among traders, analysts and journalists, but on principle we never comment on this type of thing."

related story: http://uk.news.yahoo.com/rtrs/20070814/tuk-uk-markets-britain-stocks-fa6b408_4.html

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Edited by Zuzana Tylkova

Lowering interest rates by Claudia Sonea

The Federal Reserve Chairman Ben Bernanke revealed on wednesday that due to oil prices reaching record heights, the housing and credit crises interest rates will be lowered again just to avoid recession. He suggested in an appearance before the House Financial Services Committee to slice a key interest rate and help the economy in order to not get to a recession, if they are not already in one. The housing slump has worsened, credit problems have intensified and the job market has deteriorated creating the combination of bad news that determines people and businesses to be more cautious about spending and investing, thus weakening the economy. Bernanke said that stagnant growth combined with rising inflation usually leads to stagflation (last time in the 1970s). If the oil prices continue their sharp rise there will be a very difficult problem for the economy, because inflation would spread and growth would be further restrained. Bernanke assured that the Fed will support growth and provide adequate insurance against downside risks. It will be a continuation of the lowering process started in September (over 8 days in January the Fed shaved 1.25 percentage points, the biggest one-month reduction in a quarter-century). Another issue is to be sure that monetary policy is properly calibrated to foster the Fed's objectives of price stability, according to Bernanke that hoped previous rate reductions and the $168 billion economic aid plan of tax rebates for people and tax breaks for business would energize the economy in the second half of 2008. Meanwhile, there are more bad news on the housing and manufacturing fronts with sales of new homes that fell in January for a third straight month and dropping orders to factories for big-ticket manufactured goods. The senators kept inquire Bernanke and acknowledged that he has been the subject of many controversies. The asked when he thought the housing market might stabilize. He however avoided giving a clear forecast because they were wrong before and it is a very tricky market. They must remain mindful of inflationary pressures, Bernanke said, keeping in count that oil prices despite easing lately, they still remain close to $100 a barrel.

related story: http://news.yahoo.com/s/ap/20080227/ap_on_bi_ge/bernanke_congress;_ylt=ApmLkG_THouHEGz.X_KGA1.s0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

Economic reports discourage stock markets by Zuzana Zelenakova

US economy trend is all about low nominal value of American dollar and rising prices of everything else. Customers have to pay more for food, energy, and basically majority of other goods. "The truth is, the price for everything, except for maybe soft goods and electronics, is going up," said Joe Battipaglia, market strategist for Stifel Nicolaus. And to draw the whole picture we should not forget falling house prices. The inflation is on the rise and experts warn the Fed about further severe interest rates cuts that might get things even worse. Wall Street was affected as well. European and Asian markets, having a declining tendency because of the sluggish situation in the US economy, have had the influence over the Wall Street stocks. The discouraging reports on financial and economic situation in the country from Friday practically made it clear that there is no improvement in sight. Dow Jones industrial went down 0.3 percent on Monday morning and finished with 0.6 percent loss. Nasdaq composite fell 0.57 percent. But the weakest were Boeing Co. and Citigroup Inc. stocks. Boeing fell 2.56 percent to $80.67 and Citigroup 2.61 percent to $23.09. Mining and energy companies were the lucky ones on Monday. Massey Energy Co. rose 8.7 percent to $41.60, Harmony Gold Mining Ltd. 8.9 percent to $13.22. And Coeur d'Alene Mines Corp. soared 7.1 percent to $1.08. When it comes to European and Asian stock markets they declined after Friday news. In South Korea the Kospi lost 2.3 percent and the Hang Seng in Hong Kong dropped 3.1 percent.

related story: http://news.yahoo.com/s/ap/20080303/ap_on_bi_st_ma_re/wall_street;_ylt=Av8cuWrfBPMlTXr1DCnvllas0NUE

by Zuzana Zelenakova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Tatiana Kucharikova

The new rich by Claudia Sonea

According to a research made by a private wealth consultant Advanced Planning Group there is a new class of rich people that are hard working, dedicate and ambitious. Until now sounds great, but there is another side that holds them back, they have a fortune between $1 million and $10 million dollars, but they are still middle-class citizens. Private wealth specialists Lewis Schiff and Russ Alan Prince revealed that the number of people who can be called millionaires had risen 7.6 percent of the US households. These newly enriched people guide themselves after middle class values like earning their money from hard-work (70 hours a week) and moving in safe neighborhoods based on the quality of schools, because their children will choose a career based on its likely earnings. Schiff stated that middle-class millionaires accumulated wealth and they spend it more on things related to family like health and welfare of their family, career development. Usually they start spending money on leisure and luxury activities when they move up the social ladder. The research showed that 89 percent of middle-class millionaires believed anyone could attain wealth through hard work; also they are three times as likely to belong to a networking group, while their constant availability to work by phone or email is five times more likely. The main characteristic is that middle-class millionaires put themselves in the flow of money. All this makes them a strong factor of influenza on spending, habits of their middle class counterparts. Furthermore, their desire to acquire yachts and other luxuries determined the super-rich to change their spending, looking for something new and innovative. The study was made on 3600 people, 600 millionaires and 3,000 middle-class people, with the purpose of gathering material for the new book of Schiff and Prince, called "The Middle Class Millionaire: The Rise of the New Rich and How they are Changing America". It is nothing new that there is a new class of millionaires; history marked several metamorphoses of the social class. It was aristocracy in the beginning, then bourgeoisie and now the middle-class millionaires. Stay connected and see how you can become a millionaire.

related story: http://news.yahoo.com/s/nm/20071101/lf_nm_life/wealth_millionaires_dc;_ylt=AujcI.y6Onbqg04TGxgjASus0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by Iveta Nagyova

Chris Cantell Discusses Financials: Everything is about numbers by Nina Gotzmannova

Numbers, numbers, numbers. The most important thing in mathematics or economy. Numbers don't lie, numbers are exact and accurate, and numbers are almost holy perfection. And if the numbers are wrong, there is no doubt something rotten in the state of Denmark. State of Denmark of these days is United States. And thanks to the economy crisis is there more rotten than expected.The biggest new number is 362.14. Exactly that is how much points Dow Jones industrial Average slumped down on Thursday. The new point rate of Dow Jones is 13.567,87, meaning the decreasing was exactly 2.60 percent. Another interesting number is 96. In dollars that is the new price for barrel of crude oil, the highest price in history of oil market. Later the price settled down on $ 93.49. Bigger numbers are marked in the job market. 85,000 to 110,000. The gap is 25,000. Of what? Free job position, of course. The first number is for October and the second for September. Positive? Maybe. But most probably it means not that companies filled 25,000 job positions with people, but they close them down and even fired their employees. Positive is, that this month filled for unemployment benefits only 327,000, less than expected. Several companies also reported dropping shares. Exxon Mobil Corp shares dropped 3.8 percent, Bank of America shares dropped 5.3 percent and Citi dropped 6.9 percent. Citi is on its lowest level in four years. So, what is rotten in THIS state of Denmark? When the economy crisis will be over?

related story: http://news.yahoo.com/s/ap/20071101/ap_on_bi_st_ma_re/wall_street;_ylt=Av86gn8VfS8R451sUB3UMXys0NUE

by Nina Gotzmannova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by Iveta Nagyova

Stocks fall as Street looks for rate cut by Notme dfsfs

Home sales are making problems again on Wall Street as stocks finished lower on Wednesday and the Federal Reserve's regional banks are offering little more assurance that an interest rate cut is likely.Although the Dow Jones Industrials average rose in three of the last four sessions, Wednesday they dropped more than 140 points.According to the National Association of Realtors a decline of pending sales of existing homes reached the lowest level in July in nearly six years. "Our members are telling us some sales contracts aren't closing because mortgage commitments have been falling through at the last moment," said Lawrence Yun, the group's senior economist.In the Federal Reserve "beige book" report that describes the economic conditions in regions around the country, it is said that the overall economy hasn't been widely harmed.According to the report though housing weakness has deepened, the recent turmoil in the financial markets has had only limited effect on the broad economy.After Mattel announced a third recall of its toys the stocks rose with 1 cent $21.98. Apple fell $7.40, or 5.1 percent and Costco Wholesale Corp., the warehouse retailer, after reporting for August weaker sales their stocks fell $2.61, or 4.2 percent, to $59.Over the world, Britain's FTSE 100 index closed down 1.66 percent, Japan's Nikkei stock average fell 1.60 percent, Germany's DAX index declined 1.73 percent, and France's CAC-40 tumbled 2.14 percent.

related story: http://news.yahoo.com/s/ap/20070905/ap_on_bi_st_ma_re/wall_street;_ylt=AvyFeNx3qXEBGAnd8aj9dies0NUE

by Notme dfsfs for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

edited by Barbora Matulova

Chris Cantell Discusses Financials: Jobs" decline ratchets investors by Claudia Sonea

Lately worries about a possibly decline in employment that might affect consumer desire to spend were cooled off by Fed's speech. On Monday Wall Street closed a mixed volatile session due to the concern that the Federal Reserve might not lower interest rates as much as it was expected. The fears about housing and credit market weakness that affects economy and diminish consumer spending continue. Investors became more optimistic after Fed's speech on Monday, despite the fact that the officials did not give any specific dates about how the central bank might alter rates. San Francisco Fed President Janet Yellen, Dallas Fed President Richard Fisher and Atlanta Fed President Dennis Lockhart assured that although the economy is storming there are no securities for the investors and the unemployment problem should be considered in a mostly strong batch of retail sales reports. It is obvious that there will be a rate cut; the question is if it will happen by a quarter percentage point or a half percentage point to loosen up the tight credit markets. Scott Fullman, director of investment strategy for I. A. Englander & Co, warns that if the Fed won't reduce rates next week there will be a major sell-off. Stock's indexes fell, even though they had a small gain after Gen. David Petraeus said to Congress that he recommended to President Bush that the draw back U.S. forces from Iraq. Not all the stocks had losses, Bear Stearns Cos. Bear Stearns rose 2 percents and Advanced Micro Devices Inc. rose 33 cents, Apple Inc. rose 3.8 percent and Intel Corp. finished 12 cents at $25.35. Also bond prices rose as stocks' prices fell, while mortgages are expected to fall 25 percent next year. The dollar is losing ground in front of other currencies and the investors might shift to gold which rose sharply lately. The stock market is still unbalanced and it is not sure if Fed should impose a rate cut or not. Stay connected and see where everything is heading.

related story: http://news.yahoo.com/s/ap/20070910/ap_on_bi_st_ma_re/wall_street;_ylt=AgkoGTVMEAoPqWsvnDTyTCGs0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

edited by Barbora Matulova