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07 May

Marketing in the Recommendation Age

Getting hundreds of search engine results from one keyword loses more of its novelty and efficiency every day as Marketing consumers opt for recommendations from real people.
Instead of typing “hip sushi, Portland” into a search engine, consumers are going straight to websites like Citysearch and Yelp, where they can find several customer reviews for restaurants [...]

05 Apr

Investors in reverse on Delphi

The last pothole opened Friday, when the investment group led by Appaloosa Management LP terminated an agreement to provide $2.55 billion of the $6.1 billion financing Delphi needs to exit bankruptcy [...]

03 Apr

IMF cuts global growth forecast for 2008

The International Monetary Fund lowered its outlook for 2008 world economic growth for the second time this year, cutting it to 3.7 per cent from a January forecast of 4.1 per cent.
The revision puts world growth at its lowest since 2002, when growth was 3.1 per cent.
“I can confirm the IMF’s current aggregate world growth [...]

04 Feb

Shares slide after US rate cut

Australian share markets opened lower after more bad news from
Wall Street extinguished a brief rally sparked by another cut in
official US rates.
The benchmark S%26amp;P/ASX200 index was 2%, or 112.9 points,
lower to 5505.8 points in early trading, extending
yesterday’s 1.7% drop. The Australian dollar also sufferendered a
short-lived one cent gain, and recently traded at just over 89 [...]

03 Feb

Eisai, Astellas Face Setback Gaining U.S. Approval for Drugs

Eisai Co. and Astellas Pharma Inc.
were forced to delay seeking U.S. approval for medicines,
frustrating the Japanese drugmakers attempt to sell drugs in the
worlds biggest pharmaceutical market.
Eisai will delay filing for U.S. approval of a cancer
treatment by more than a year and Astellas [...]

03 Feb

Starbucks Slows Growth Sees Profit Below Estimates

Starbucks Corp., the worlds biggest
chain of cafes, said it will open fewer shops this year and
forecast annual profit that trailed analysts estimates.
Starbucks will open 2,150 stores through September, down
from a previous projection of 2,500. It forecast “low double-
digit growth in earnings per share. Analysts surveyed by
Bloomberg estimated a 16 percent increase for the year.
First-quarter [...]

03 Feb

Fewer New Cafes

Starbucks Corp., the worlds biggest
chain of coffee shops, said it will open fewer cafes this year
and forecast annual profit that trailed analysts estimates. The
stock fell the most in almost four weeks.
Starbucks will open 2,150 stores through September, down
from a previous projection of 2,500. It forecast “low double-
digit growth in earnings per share, compared with [...]

01 Feb

Shares slide after US rate cut

Australian share markets opened lower after more bad news from
Wall Street extinguished a brief rally sparked by another cut in
official US rates.
The benchmark S%26amp;P/ASX200 index was 2%, or 112.9 points,
lower to 5505.8 points in early trading, extending
yesterday’s 1.7% drop. The Australian dollar also sufferendered a
short-lived one cent gain, and recently traded at just over 89 [...]


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