WASHINGTON: The US manufacturing sector kicked off the year with gusto in January, a private survey showed on Monday, the sixth consecutive month of expansion in the sector leading the economic recovery.
The Institute for Supply Management said its manufacturing index, also known as the purchasing managers index, climbed to 58.4 percent in January from December [...]

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Higher returns equals higher risk. It’s a basic fact of investing, yet working out just how much of a gamble you are willing to take with your cash is far harder to pin down.
The other side of the coin is when investors get so caught up chasing high returns that they ignore the risk element.
So [...]

earnings, investments, risk, Risk Management Hide

EW YORK: US banking giant Goldman Sachs blasted past Wall Street forecasts on Thursday, posting fourth quarter and full-year 2009 profits well above expectations despite a slip in revenues.
Goldman Sachs, one of the leading Wall Street investment banks, said it had net profit of 4.787 billion dollars in the fourth quarter.
Earnings per share in the [...]

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When stock markets rallied dramatically last year, soon after the financial crisis, it was mainly the bold and the brave who leapt right in.
Many others were wary. Was this a false dawn, only to be followed by more market mayhem? They were reasonable fears, given the prognostications of so-called experts.
But now that the market rebound [...]

earnings, housing, investments, retirement, Risk Management, Singapore Hide

MADRID: The global tourist industry should recover strongly in 2010 after the economic crisis and the H1N1 flu pandemic produced “one of the most difficult years” for the sector, the UN World Tourism Organisation has said.
International tourist arrivals fell by an estimated 4.0 percent in 2009 but should rebound to grow by 3.0 to 4.0 [...]

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WASHINGTON: The US Federal Reserve said Tuesday it earned a record profit in 2009 of US$52.1 billion, led by gains on its unorthodox investments and bailouts during the height of the financial crisis.
The profit will provide US Treasury with US$46.1 billion from the operations of the central bank.
The results from Fed, which took a wide [...]

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Wall Street’s first test of the new year and decade could well be whether investors are following each other over a cliff.
Following a year that featured a violent stock rally led mainly by institutional investors and traders, 2010 begins with new signs that retail investors are beginning to buy into a better future for stocks.
While [...]

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NEW YORK: Wall Street stocks edged higher on Wednesday after a better-than-expected report on manufacturing activity, indicating that a recovery from recession was on track.
The Dow Jones Industrial Average rose 3.10 points (0.03 percent) to 10,548.51, a day after the blue-chip index fell for the first time in seven sessions that saw new 2009 highs.
The [...]

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Oct. 21 (Bloomberg) – Morgan Stanleyreported its first profit in a year, surpassing analysts’ estimates as underwriting fees climbed and an increase in risk-taking boosted trading revenue to the highest in 12 months.
Third-quarter earnings fell to $757 million, or 38 cents a share, from $7.7 billion, or $6.97, a year earlier, the New York-based company said today [...]

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Thomson Reuters predicted Google would deliver $5.42 per share, but Google reported $5.89 per share
As of 5:15 PM Eastern Time, Google’s stock price had risen about 16 points (3%) in after-hours trading, erasing a Thursday market loss of about 5 points (1%) that took place as the Dow Jones Industrial Average and the NASDAQ both [...]

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